Wednesday, September 04, 2013

Technical Forecast for 4 - September - 2013 for Nifty

Technical Forecast for 4 - September - 2013 for Nifty

After forecast,was bang on target, On 3-September-2013, Nifty Closed at:5,341.45 (-209.30 -3.77 %) on account of profitbooking due to overbought trin. On 4-September-2013, markets will recover from day's low due to profit booking by short sellers and bears.

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

 Daily Nifty Technicals Snapshot:

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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