NIFTY LEVELS AND TRADING STRATEGY 21 AUG

Nifty closed marginally positive at 5366.30, up by 3.35 points or 0.06%, the Indian key indices opened on a strong note amid stability in global markets on hopes of
easing Eurozone credit crisis. Later market erased all gains after the CAG found irregularities in the government's coal allocation and usage. Nifty has formed a high
wave candle with long shadows on both sides near its immediate resistance level 5,380 indicating indecisiveness at higher levels. Nifty has also broken below its
supporting trend line with heavy volumes and decisive closing below 5,350 indicates that Nifty is likely to remain under selling pressure which would lead the index
downwards towards 5300‐5250. On the up side sustain buying above the 5,380 mark will see follow up buying towards 5,420‐5,460.

Trading strategy would be to Sell if market resist at 5,380 and Buy if support at 5,330. First resistance for the Nifty is 5,399 and next resistance 5,427 and first support for the Nifty is 5,339 and next
support at 5,311.

Comments

Nifty Futures Buy Sell Signals

Nifty Live Charts with technical analysis software generating livenifty buy sell signals : We would like to focus on the intraday trading of nifty live charts since that is the main index on the Nse. The other stocks would be too diverse to track and also some of them will be illiquid .The stock markets move basically in the trend of the movement of the nifty index. The nifty and the bank nifty live charts are hugely traded in intraday and positional on nifty and bank nifty futures. Most of the intraday traders keep a watch on the direction of the moves or the swing of movement using real time data connected to their intraday tradingsoftware. These also are technical analysis software or live charting software , with auto generated buy sell signals . These buy sell signals are generally scanned mechanically using the buy and sell logics like chart formations, support and resistance, swing high low, candle formations, volume and other indicators. These need to be worked...

Trading Software India With Most Accurate Live Buy Sell Signals

FII, QFI, NRI AND FVCI TO COME IN SINGLE WINDOW—STOCK MARKET TO EXPAND It is like imaging a world without borders where FII is equal to NRI is equal to FVCI which together will form QFI. The only discrimination is between portfolio investment and non portfolio investment. Though it appears utopian scheme; however if Finance Minister P. Chidambaram is to be believed this dream could be soon a reality. Stock market will gain massively from this development and nifty will witness a quintenessial inflow of fund. The intraday traders in nifty future and nifty option will see a new age of investment. Marching ahead in the stock market momentum, two committees have been set up to map the mirage. One committee under the former cabinet secretary to look at harmonizing portfolio investment routes—and another by the finance ministry under the economic affair secretary to define what distinguishes FDI and...

FII AND DII ACTIVITY

Your guide to Foreign Fund Flows! Catch the latest FII trends and track their investments in India. Daily FII Activity DATE PURCHASES (Rs m) SALES (Rs m) NET INV (Rs m) Thu, 11 Jul 2,510 3,823 (1,313) Fri, 12 Jul 28,872 79,976 (51,104) Mon, 15 Jul 19,057 20,827 (1,770) Tue, 16 Jul 25,095 28,192 (3,097) Thu, 18 Jul 32,041 33,177 (1,136) Total 107,575 165,995 (58,420) Weekly FII Activity DATE NET INV (Rs m) Mon, 23 Sep (981) Tue, 24 Sep (176) Wed, 25 Sep (379) Thu, 26 Sep 24 Fri, 27 Sep 12,671 Total 11,159 Volatility persists! While the Indian stockmarkets were not generous to investors (declined week-on-week), the rain gods gave a handful to Mumbai and as usual, the city choked during the last week! This did have an impact on the daily volumes traded, which was low in the first three days, only to gain momentum in the later half. Despite a weak start, there was selective buying interest in some sectors. But senti...

Search This Blog