Wednesday, August 07, 2013

Technicals for 7-August- 2013

Technicals for 7-August- 2013 for Nifty

After mayhem in markets, On 6-August-2013, Nifty Closed at:5,542.25 (-143.15 points) on account of short selling by bears. On 7-aug-2013, there will be buying oppurtunity/short covering by bears.

 Daily trend(as per XL trading system):down trend
Market Type(as per XL trading system): bear market

 Daily Nifty Technicals Snapshot:

Trade performance for nifty in XL trading system
535 points profit from “Sell to Buy” on Nifty ( 535pts x 50 shares per lot in nifty = Rs.26,750 profit in 12 days)
Post a Comment

Popular Posts for last 7 days

All Time Popular Posts

Eq mkt Holidays for the 2017 year

Sr. No.

126-Jan-2017ThursdayRepublic Day
404-Apr-2017TuesdayRam Navami
514-Apr-2017FridayDr.Baba Saheb Ambedkar Jayanti/ Good Friday
601-May-2017MondayMaharashtra Day
726-Jun-2017MondayId-Ul-Fitr (Ramzan ID)
815-Aug-2017TuesdayIndependence Day
925-Aug-2017FridayGanesh Chaturthi
1002-Oct-2017MondayMahatama Gandhi Jayanti
1119-Oct-2017ThursdayDiwali-Laxmi Pujan*

*Muhurat Trading will be conducted. Timings of Muhurat Trading shall be notified subsequently.

The holidays falling on Saturday / Sunday are as follows:

Sr. No.DateDayDescription
109-Apr-2017SundayMahavir Jayanti
202-Sep-2017SaturdayBakri ID
504-Nov-2017SaturdayGurunanak Jayanti