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Aug 13, 2017

Nifty Future Trading Tips For 14 To 18 August 2017 (Video)

Below is the video on my last Nifty Future Trading Tips which gave a profit of Rs.32,000 on single lot trade in Bank Nifty.

And with trading on the levels Nifty that was provided for last week that is 7 - 11 August 2017 there was a profit of around Rs.20,000.

Easy to understand you can watch below video



So hope you have watched above video on my last week's Nifty Future Trading Tips, this will not happen every day or every week.

But

If you have the patience to track the market and wait for the opportunity then I am sure that Stock Market, will give you an opportunity to make profitable trades.

So I can help you identify with entry, stop loss and targets to take trades for next week, you can make payment here and confirm me with an email to receive the Nifty Future Trading Tips for 14 to 18 August 2017.

I have come up with videos on Nifty Future Trading Tips on my youtube channel and sharing the same below so that you can identify the levels to take your weekly trades in Nifty






Let us have a quick glance on some of the important points that will help you know what FII's and DII's are thinking about next based on their net holding in our Indian Stock Market.

Nifty Future Trading Tips For Tomorrow
Image Source: NSEINDIA.COM
From the above image, we can see that Foreign Institutional Investors are totally bearish and maintained a negative net value of Rs.1943 crores in our stock market.

But Domestic Institutional Investors seems to utilize this situation in investing and holding a positive net value of Rs.2016 crores.

If you know the trend of Nifty then you can implement right strategies that can give you profitable trades.

So in order to know the trend of the Nifty, you need to learn to read the technical charts, which will help you know what charts are predicting and what should be action.

I will update this article by end of this week that is 14th of August and you can know how Nifty performed and what was the profit on the levels that I provided.

Do you have different strategies to help the people looking for Nifty Future Trading Tips then you can leave a comment on this article.

May 10, 2017

Dr Reddy's Lab Stock Trading At 52 Week Low,Can You Invest?

In this article, you can know whether it is the right time to invest on Dr. Reddy’s Laboratories (stock trading) at its 52 weeks low at Rs.2555.

I will be sharing my version of the fundamental analysis of this pharma stock, which should help you know how the company is doing in their profits, shareholding, shares pledged.

Followed by updates and FREE technical chart (SCROLL DOWN)

Dr Reddy's Laboratories Stock Trading At 52 Weeks Low


About Dr.Reddy’s Laboratories Limited




I will start with analyzing its 52 weeks high and 52 weeks low by referring below image which is a screen shot from nseindia.com.

Dr Reddy's Laboratories Stock Price
Image Source & Credits: NSEINDIA.COM
 As per market specialists, most pharmaceutical company stocks witness movement in their stock prices, if any news comes in from the U.S.A. Food and Drug Administration (USFDA).

One among the drug maker, Dr. Reddy’s Laboratories has said to the bourses regarding the U.S.A. FDA’s examination.

Also, Read - Berkshire Hathway Home Insurance

The USFDA has issued eleven observations once the examination of company’s works in Hyderabad.

Most of the observations by U.S.A. agency is procedural in nature, that signals the requirement to boost individuals capabilities and strengthen documentation and laboratory systems.

Should we consider this for investment, below is my observation on this stock that will help you understand better about this stock.

Below I have shared details of its fundamentals and my recommendations as a retail investor whether it is the right time to buy this stock.

52 Week High And Low

Referring above image 52 Week high is at Rs.3689.85 on 20th July 2016 and 52 weeks low at Rs.2555.20 on 22nd March 2017.

Results


Dr Reddy's Laboratories 2017 Results

Share Holding

Promoters Share Holding

In the above image, we can see that company’s shareholding is at 26.79% so ideally, I would prefer company that holds more than 40%

Promoters have pledged the company shares3.08% (135.77) so I would not buy a share that is already pledged by promoters.


Book Value


The book value of Dr.Reddy’s Laboratory is at 705.83 so when we compare present market at Rs. 2581 price this is 3.66 times more than its book value so I would not recommend at this price.

Dividend


Dr.Reddy’s Laboratory is regular with its dividend payout and last paid of Rs.20.00 on 18th June 

Total Liabilities

Total liabilities has increased by 1373 crores in comparison with March 2015

Dr. Reddy Laboratories Technical Chart





Conclusion
Since this stock trading at Rs.2560 levels and looks attractive at this price for most of the investors who are new to stock market.

But after going through the details as explained above shows that the price is still costlier based on how this company is performing presently.

Followed by the news on USFDA and other updates from overseas markets.

So I would suggest you should either wait or identify another stock that will help you maximize your profit in short term.

Also, Nifty is trading at its all time I would prefer to wait for next set of action by this company so that you will get to understand whether stocks can raise from this levels.

I can help you identify better stocks you can reach me here...

May 8, 2017

Berkshire Hathaway Home Insurance – Important Things You Need To Know

In this article, you will get all updates on Berkshire Hathway Home Insurance. Followed by the technical chart of Berkshire Hathway Inc (NYSE: BRK.A) scroll down for a FREE technical chart.




I will try to answer the questions related to Berkshire Hathway home insurance

Let’s start…

Why Do We Need Home Insurance


berkshire hathaway home insurance
Below is a video by Carbutti Real estate that explains why do we need home insurance…



So some of the things that homeowner's insurance would cover you for is fire, lightning, windstorm, hail, vehicle, in case a vehicle comes and crashes.

When we see in the news somebody comes through the house - pipes breaking, theft, vandalism, malicious mischief.

And then there's the liability component to it and that's in the event that anybody slips and falls, maybe somebody gets hurt in your pool, you have a dog that bites somebody.

So some things that your homeowner’s insurance might not be covered, relying upon the endorsements that you simply would possibly take below your policy, are:

Flood is the big one, earthquake, that's typical if you live out on the West Coast

Vermin is a big one where maybe squirrels get into the attic, do some damage, insects, so you have termite damage, wear and tear.

Mechanical breakdown

ALSO READ: BS3 VS BS4 ENGINES

So these are some of the things that may not be covered that you want to speak to an insurance agent about.

Possibly you can add those on under a separate endorsement.

One of the biggest things that go overlooked is your jewelry or your fine arts and a lot of people after the loss occurs.

Possibly it was that pipe break and it's coming down the walls and you had some Renoirs on the wall and when people say I have the coverage, right, it's covered under my contents coverage or my personal property insurance? And that's cannot always be the case.

So ensure you are doing your insurance analysis once you’re choosing the right insurance carrier, an agent.

There are many, many coverages that you need and some agencies don't provide and some insurance companies don't provide.

And just because you have insurance, doesn't mean you're properly insured.

How much home insurance do I need is the most common question I get every week so it is the case by case scenario there's no such thing as having equal homeowners insurance policy.

That you estimate how much homeowners insurance to get by doing a replacement cost analysis it's based on how much it would cost to rebuild your home it's based on the personal property.

That you have inside of the house all your stuff it's based on how much liability you need based off of your financial situation.

It's also based off of features that you may have inside of your home is your basement finished

Or

Unfinished is your house brick or cited is there something like stained glass is there all hardwood floors many people purchase.

A home and then end up doing a complete remodel but forget to let their insurance companies know that.

If you have a loss you're looking at your house one day and it's there and the next day it's not what'sit going to take to rebuild that.

Homeowners Insurance


berkshire Hathaway home owners insurance

Berkshire Hathway Inc - Technical Chart

I have set the daily chart to help you find the stock price of Berkshire Hathway Inc with preset indicators:

  • Bollinger Bands - helps you to identify change in trend 
  • Parabolic Stop And Reverse - helps you to identify change in trend
  • Volume - help you identify sellers and buyers
  • Relative Strength Index - help you whether stock is in overbought zone or oversold zone





Apr 23, 2017

Akshaya Tritiya 2017 Muhurtham - 3 Interesting Facts That You Should Know


In this article, you can get details and updates on Akshaya Tritiya 2017 muhurtham followed with latest updates and gold rates.

(Also, a video on the making of the golden ring, scroll down.)

To help traders and gold buyers for this auspicious occasion of Akshaya Tritiya.
what to do on akshaya tritiya

Akshaya Tritiya In Hindi


Below video by grahonkakhel


Let us start with some questions and answers.

What is Akshaya Tritiya?

Akshaya Tritiya which is also known as Akti in Chhattisgarh, Akha Teej in Gujarat and Rajasthan.

This day is an auspicious day for Hindus and Jains and this day falls on the third day or "thadige" in Indian Calendar (panchanga)  of Vaishaka Masa.

akha teej 2017 date

This day is also known as the birthday of Parashurama who is ninth incarnation of Lord Vishnu.

"Akshaya" itself means never diminishing and would bring good luck and success, so most people will wait for this day to start their new ventures.


Akshaya Tritiya Puja Mahurat


akshaya tritiya significance

Puja mahurat is at 10:29 a.m to 12:36 p.m on 28 April 2017

Auspicious time to buy gold on Akshaya Tritiya

Tithi begins at 10:29 a.m on 28 April 2017 and this tithi ends at 06:55 p.m on 29th April 2017

On this auspicious day, devotees worship Goddess Lakshmi and Kubera who are well known as the god of wealth.

Powerful mantras for increasing wealth on Akshaya Tritiya

Chanting this powerful mantra seven times a day while worshiping Goddess Lakshmi will help you prosper:

OM MAHALAKSHMI CHA VIDHMAHE

VISHNU PATHNI CHA DHEEMAHI


TANNO LAKSHMI PRACHODAYAT.

Lakshmi Mantra For Money

video by bhajan india



When Is Akshaya Tritiya

As per Hindu calenderAkshaya Tritiya is celebrated on 29th of April 2017 which falls on Saturday

(Some would celebrate this on 28th April 2017 that is Friday OR Shukravar which is very auspicious)  
Also, a weekend most people plan on their purchases much before this date, some people will buy gold.

3 Interesting Facts About Akshaya Tritiya

  1. On the day of Akshaya Tritiya, the sandal paste is removed and abhisheka is performed in Simhachalam in Andra Pradesh so this is the only day devotees will get to see the form of the lord.
  2. Video by 99TVTelugu
  3. Every year the Ratha Yatra festival is celebrated at Jagannath Puri. The three chariots of Jagannath (Nandhighosha), Baladeva (Taladhvaja) and Subhadra (Darpadalana) are newly constructed every year with the wood of specific trees so the construction of the chariots for Ratha Yatra begins on the day of Akshaya Tritiya.
  4. In the temple of Kshira-chora Gopinatha (Remuna, Orissa) the Deities of Madana-Mohana, Govinda and Gopinatha are smeared with sandalwood pulp on this auspicious day of Akshaya Tritiya.

Paytm Introducing Digital Gold


Do you use digital wallets for your day to day life payments?

If your answer is yes then here is good new to you now by Paytm that you can buy and store 24k (999.9) purity gold for as low as Re 1 (one rupee)

It is a tradition in India of buying gold on many occasions include marriage, festival and other auspicious days.

Would you not find it easy to buy and store your gold easily and avoid paying heavy locker charges?

Paytm has partnered with MMTC-PAMP to launch digital gold for its customers.

So this option gives you a flexibility of buying, store and sell pure gold immediately and got it delivered to your home in the form of minted coins and sell it online instantly.

Below is a video by Paytm that explains this concept



What is MMTC PAMP


Incorporated in India on 18 January 2008, MMTC-PAMP India Pvt Ltd., which is a joint venture between PAMP SA, Switzerland and MMTC Limited. Which is a Government of India undertaking

MMTC Limited is India's largest public sector trading organization which is engaged in the trading of several products including precious metals.

Making Of Golden Ring



Video by WildFilmsIndia


What to do on Akshaya Tritiya


It is believed that whatever you buy on this auspicious day it will multiply, grow and bring you good luck.

Perform shraddha ceremony on Akshaya Tritiya day to help departed souls, in turn, this will help them to avoid sufferings for their sinful reactions.

Annadana, provide food to hungry and by doing this they will be gain "punya" in return this will help them lead their life happily.

Donate to charitable causes, traditionally rich people of the society used to perform “homa” and distribute their wealth as charity on many auspicious days.

So helping poor by donating them with money, buying them medicine and supporting orphanages.

Help poor children for their education.

BSE, NSE Extend Trading Hour For Gold ETFs, SGB

On the auspicious day of Akshaya Tritiya NSE and BSE to have to extend trading hours from 14:30 till 19:00 hours on 28 April 2017.

This will help all Gold ETF and Sovereign Gold Bond, traders.

What is Gold Exchange Traded Fund?

Gold ETF which is also known as Gold Exchange Traded Fund is a simple way of investing in gold using your trading account.

ETFs are traded on National Stock Exchange like other stocks where it gives your flexibility to buy and sell it similar to your stocks or shares of any company which is traded in the stock market.

You can have complete list of ETFs traded here

Below is video by Bloomberg UTV India explaining Gold ETF

Apr 10, 2017

Trading Holiday NSE 2017 - 7 Holidays That Falls On Saturday And Sunday

Below you can find trading holiday NSE 2017 list followed with holidays which falls on Saturday and Sunday.
Nifty Next Week Trend

Indian Stock Market Holidays 2017
Image Source & Credits: NSEINDIA.COM

7 Holidays That Falling On Saturday And Sunday

Trading Holiday List For 2017
Image Source & Credits: NSEINDIA.COM

Apr 1, 2017

Bs3 vs Bs4 Engine Bikes: 3 Important Things You Should Know About It [Video]

In this article, you will know about what is Bharath Stage 3 or BS3 followed with a comparison between Bs3 vs Bs4. To make it simple I have put it into simple 3 Questions & Answers and video.

Followed with latest updates on BS3, BS4 (scroll down to read updates)!



bharat stage 4 vehicles


How to trade in Nifty

What is BS3 Or Bharat Stage 3?

Want to know BS3 full form?


It is Bharat Stage 3!





To the auto industry, it is set to make the complete transition on BSIV (which is also known as Bharat Stage 4) vehicle starting from 1st April 2017.

So people are trying to figure out what is BS4?

BH stands for Bharat Stage and BS4 are emission standards which have been set up by Central Government o India to regulate the amount of air pollution caused by motor vehicles.

So there are three gasses that are released
1.Carbon Monoxide
2.Nitrogen Oxide
3.Hydrocarbons

So these three gasses need to be regulated which is increasing health issues and major cities have increased with pollution levels.

Regulatory norms are set by BS4 levels which are set by Central Government.

So the implementation norms were initiated in 2010 that is almost 6 six years from now and we are still waiting to implement a country-wide implementation of these norms.

The reason for the delay in implementing the norms was non-availability of Bharat Stage 4 fuel because BS4 norms to become effective fuel also need to be refined further.

Unfortunately, this is not a case in India until now.

Transport Minster Sri Nitin Gadkariji has earlier tweeted in January that India will be jumping rather making frog leap from BS4 to BS6 standards by 2020.

So this jump from BS4 to BS6 will have the cost of around Rs.50,000 crore to Rs.80,000 crore to upgrade their refinery procedures in order to refine their fuels to BS4 standards.

So until fuel is refined further BS6 will not enter into play.

When we talk about increasing pollution in our country the automobile sector is usually taking the blame on it.

But as you would have possibly guessed by now more than the automobile sector it the fuel which is contributing towards increasing pollution and due to which BS4 levels has not been complied with.



So hope fuel standards are at par in coming days to match BS4 and BS6 standards.

BS3 VS BS4
Image Source & Credits - Wikipedia.org
Before going to main article below is the video what The President of The Dealer Federation has to say about BSIII Ban





Starting With 3 Important Questions &Answers About Bharath Switch 3 Or BS3

1.What is BS3?
BS is basically the emission standards given by Government of India to regulate the air pollutants coming from the internal combustion engine.

BS stands for Bharat Stage and is set by the central pollution control board. 

BS standard is generally applicable to all the vehicles that are running in the country.

Other standards like Euro that is in Europe and Tier 1, Tier 2, used in the USA.

More the number assigned, less air polluting the engine or fewer pollutants, the engine is releasing.

In India, the BS 4 Engines are applied for the NCR and some other cities while BS 3 Engines are applied nationwide.

From April 1st BS4 Engines should be applied to all vehicles and BS3 engines should completely stop.

2.Will new BS norms can get you a new 600cc bike for less than Rs.1.00 lakh?

With Supreme Court ruling has kicked in as a disaster for two wheeler sales affecting auto industry which is still recovering from demonetization.

So this is a big blow for the auto industry since their unsold inventory is piled up and now with BS3 norms thing has just worsened.

Most potential buyers are making the best out of this situation on Supreme Court ruling to disallow the sales of BS3 vehicles.

Also Read - 3 Interesting Facts About Akshaya Tritiya

Most bike makers and showrooms of companies of well-known brands like Honda are offering heavy discounts on BS3 models.

The party is still not over even though sell by date of 31st March 2017 has been breached.

There is still a possibility on 600CC bikes which are typically available in very fewer numbers and sales in a slow pace.

Bike makers have managed to use one more day to sell their motorcycles and fewer prices.

Some of the 650CC bikes are selling little higher than two lakh rupees and 600CC bikes are going with one lakh plus price tags.

3.BS III Vs BS IV Vehicles: Mechanical Differences?

BS3
BS4
Carbon monoxide 2.30 g /km
Carbon monoxide 1.00 g/km
HC 0.20 g/km
HC 0.10 g/km
NOX 0.15 g/km
Nox 0.08 g/km

Changes from BS3 to BS4 for motorcycles are more than just tailpipe emissions.

Regulations also restrict evaporation emissions from fuel tanks, which mean a new breather value and additional or changed stamps in the body structure.

Or

Additional brackets that hold these new systems. This is very difficult to retrofit considering the fact that major design changes might be needed.

Coming to tailpipe emissions, BS4 motorcycles in most cases require larger catalytic converters in terms of flow volumes to eliminate harmful nitrogen-based gasses.

And

Although that could be adapted to the exhaust system, most bikes also need a secondary airflow system that adds oxygen (or natural air) to the exhaust stream just before the catalytic converters.

This, of course, is a more complex system for which retro fitment is more difficult.

Many manufacturers have also resorted to a more complex ECU and ignition control setup that has more than the standard idle map and full throttle map.

For a better control of the ignition timing which in turn makes for a cleaner burn and thus, less pollution. The byproduct of this is also a more linear acceleration curve and better fuel economy.

BS4 has turbocharger with intercooler.

Also, it has common rail injection system controlled by the electronic control unit. Whereas BS3 has rotary type injection system and intercooler is optional.

In the year 2000 CMVR(Central Motor Vehicle Regulation Act) came into existence.

So that Any car which is manufactured in India will follow the Pollution Norms that is known as BS-1, BS-2, BS-3 & BS-4, etc.

Difference between BS2 And BS3

BS2 is Bharat Stage 2 so the technical difference between these two are that BS2 there is no catalytic converter to reduce formation of Co and HC

But

Whereas in the BS3 catalytic converter is available to reduce the formation of HC and Co so that reduces emission.

Tata Motors To Use Two Technologies For BS IV Norms

As per latest update on FirstPost, Tata Motors has informed that they are ready with BS IV compliant engines and ready with technologies Selective Catalytic Reduction (SCR) and Exhaust Gas Recirculation (EGR).

Tata Motos have adopted Exhaust Gas Recirculation in 2010 that will continue to power small-to-medium category of commercial vehicles

And

Engine power requirements of 180HP

What is Selective Catalytic Reduction


selective catalytic reduction how it works
Image Source & Credits: tomorrowstechnician.com
SCR is an advanced active emissions control technology system that injects a liquid-reductant agent through a special catalyst into the exhaust stream of diesel engine

The reductant source is usually automotive-grade urea, otherwise known as Diesel Exhaust Fluid or DEF.


How Does SCR technology Work


When this urea and water solution is injected into the hot exhaust stream and comes in contact with SCR Catalyst, the ammonia created from urea with NOx to form nitrogen and water vapor which is two clean and also harmless components of the air we breathe.

Tata Motors adopted SCR in 2014 for their Medium and Heavy Duty commercial vehicles which range from 130HP to 400HP.

Tamil Nadu RTO Halt Registrations

As per latest update from ETAuto Tamil Nadu, Regional Transport Office has stopped registering BS-IV (Bharat Stage Four) vehicles.

Due to lack of unclear instructions that should separate BS-III to BS-IV they have kept further registrations on hold.

Which is manufactured by Yamaha, Hero Motorcorp, and Tata Motors.

What needs to be done to upgrade from BS4



Image Source & Credits: Indian Express

With BS-III Vehicle Ban Truck Makers Could Lose Rs.2500 Crore

Difference Between Bharat Stage 3 And Bharat Stage 4

India’s leading rating agency CRISIL has estimated that BS-III would cost Rs.2,500 crores to truck makers.

But

Commercial Vehicle makers have already sold their stock much before the Supreme Court ruling on BS-III ban in India.

And discounts and incentives on vehicles that were sold till 31st March 2017 would have cost them around Rs.1200 crores, the agency confirmed.

Crisil has estimated that total impact of BS-III ban would have cost about 2.5% of annual revenues of truck makers like Ashok Leyland and Tata Motors.

How To Change BS3 Bike As BS4


Is that every BS3 bikes can be changed to BS4?

After going through above points you should have understood that it is not only the engine mechanism

But

Also, the further improvement of fuel that is required.

So if you want to change your bike from BS3 to BS4 this would cost you huge amount rather I would suggest you go for new bikes.

Yamaha has already announced that its bikes are BS4 compliant you can check it here (zigwheels.com/newbikes/Yamaha)

Below is a list of the models and prices:
  1. Yamaha FZ - INR 75,205 onwards
  2. Yamaha MT 03 - INR 3.00 lakh onwards
  3. Yamaha FZ25 - INR 1.25 lakh onwards 
  4. Yamaha Fascino - INR 53,433 onwards
  5. Yamaha Ray ZR - INR 52,773 onwards

2017 Yamaha FZS Fi V2.0 Test Ride Review


Below is a video by Dinos Vault


Latest Updates On Bharat Stage 3, Bharat Stage 4


  • Honda Motor Cycle & Scooter India has launched Bharat Stage IV (BS4), the compliant model Honda Livo 110CC bike at INR 54,331
    (When I did a comparison this model with TVS Phoenix 125 I found that Honda Livo is on the less version because TVS Phoneix has 124cc.
    For other details, you can use search query of "honda livo vs tvs phoneix")
  • TVS Apache RTR 160 and Apache RTR 180, now comes with BS-IV engine AHO.
  • KTM Duke 390 BS3 is presently sold at INR 1.6lak onwards (on road price)

Kawasaki Z250 and Z1000 India launch on April 22 With BS4 Compliant Engines


As per the latest update, Kawasaki Motors is preparing to launch the new Kawasaki Z250 andKawasakii Z1000 for Indian version on 22 April 2017.

These bikes are likely to sport cosmetic updates with BS-IV compliant engines in addition to that these bikes will be equipped with ABS to consider to become future proof on safety norms.


Kawasaki Ninja H2 vs Bugatti Veyron 16.4 "Dutchbugs"


video source & credits:GTBOARD.COM


Kawasaki Z250 Specifications


Engine Type - 4-stroke Parallel Twin
Type - Liquid Cooled
Displacement - 249 cm3
Valve System - DOHC, 8 Valves
Power - 23.5 (32PS)/11,000 rpm
Torque - 21 N.m (2.1kgf.m)/10,000 rpm


Kawasaki Z1000 Specifications


Engine Type - 4-stroke in-Line Four
Type - Liquid Cooled
Displacement - 1,043 cm3
Valve System - DOHC, 16 Valves
Power - 88.2kw (120PS)/9,000 rpm
Torque - 102.0 N.m (10.4 kgf.m)/7,500 rpm

Mar 11, 2017

Share Market Advice - Nifty, Bank Nifty And Stock Future Performance

In this article on share market advice India you can know how Nifty, Bank Nifty, Ambuja Cements Stock Future performed on weekly basis, based on the calls provided.

Nifty Future Weekly Trend Results (6-10 March 2017)

best share to buy for short term
From above image, you can see the levels provided on Nifty buy level entry at 8988.50 and sell entry at 8924.70.

REACH ME HERE for best share to buy for short term, nifty, bank nifty weekly trends.

So how did Nifty perform?

Referring below image we can observe that Nifty opened at 8935 on Monday ( 06 March 2017) made high of 8985 with low 8928, closed at 8979.

So there was no confirmation of buy or sell but on 8 March 2017 (highlighted in red color) Nifty Future made low at 8907 so this gave sell entry or bearish confirmation.

Almost went near the initial target of 8905 but closed at 8952.

Yesterday that is 10 March 2017 Nifty entered the bullish zone and made high at 9002.90, which is just 6 points to the first target.

Closed at 8958, overall the Nifty was flat and traded between 8907 to 9002 hence the probability of profit was very low.


last weekly nifty
Source & Credits: nseindiacom

Bank Nifty Future Weekly Trend Results(6-10 March 2017)

bank nifty weekly trend
From above image, you can observe on my calculation for Bank Nifty weekly levels at 20698 for bullish confirmation.

And 20511 for bearish entry confirmation.

How did Bank Nifty perform for 06 - 10 March 2017?

Source & Credits: nseindiacom
You can see from above image that Bank Nifty confirmed bullish trend on 6 March 2017 and made high at 20803, this was the second target which was successfully achieved on the first day of the week.

Entry Level 20698 - 20803 = 105 points x 40 lot size = Profit Rs.4200.00

Bank Nifty made weekly low at 20588 but still did not confirm the bearish entry at 20511.

On 10 March 2017 Bank Nifty made weekly high at 20933 so this was to the fifth target from the buy entry side. 

Also the second opportunity after Monday's trade.

Ambuja Cements Stock Future (6 - 10 March 2017)


shares to buy today in indian market
Based on my calculation I had anticipated bullish entry at 226.90 and bearish trend confirmation at 223.10

So how did this stock future performed?

ambuja cements stock future march 2017
Source & Credits: nseindiacom
Ambuja Cement opened at 225.85 on 6 March 2017, made high at 227.50 low at 224.55 finally closed at 225.10.

On weekly basis, this stock triggered stop loss on 8 March 2017, but re-confirmed bullish trend and reached 229.65, which is near to the third target as per the weekly levels.

Overall the market was flat but provided an opportunity to book small profits.

Do you trade Nifty / Bank Nifty / Commodity, leave your comments below.