Archive for March, 2016

14
Mar
16

Nifty hit its 3rd resistance also. All Gods grace

  1. rkarora

    February 25, 2016 at 6:14 am

    will Nifty try to catch up 7700 from 7000. its stock market anything can happen, although seems very difficult in current circumstances. all depends on budget. FM will not leave any stone unturned to get the things in place. this budget need to be balanced: investments in rural area as well as in infrastructure. linking all rivers, 100 kms roads a day, incentive to manufacturing, money infusion in public sector banks. new school colleges security. more army men, after Haryana riots. all opposition parties are playing very aggressively. FD to remain near 3.8% will be one of the issues, on one hand and major capital expenditures on the other. reforms in taxes, increasing network of taxpayers. lowering taxes or incentives for taxpayers. railway budget is also very important. reforms in railways can boost whole economy. its biggest in size. its strength of employees is highest in India. lets see how things move………….

  2. 2rkarora

    February 29, 2016 at 4:55 am

    Nifty may be quite at this point but believe that there is going to be a big move very soon, may be today itself Trend decider: 7105 support 6936 6817 6648 resistance 7224 7393 7562 Banknifty TD 13980 SUPPORT 13468 13087 12575 resistance 7224 7393 7562 from today to next monday it is going to be interesting to watch price move.

    Sector to watch PSB and Cement

    stock market related announcement : tax relief on financial products, STT, CTT, Taxes on gain (long & short term) Dividend tax, introduction of options in commodities, relief on financial literacy etc.

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08
Mar
16

HAPPY MAHA SHIV RATRI

Jai Shiv Shambhu = Om Namo Shivay

01
Mar
16

Major move on Budget in Nifty

  1. Nifty may be quite at this point but believe that there is going to be a big move very soon, may be today itself Trend decider: 7105 support 6936 6817 6648 resistance 7224 7393 7562 Banknifty TD 13980 SUPPORT 13468 13087 12575 resistance 7224 7393 7562 from today to next monday it is going to be interesting to watch price move.

    Sector to watch PSB and Cement

    stock market related announcement : tax relief on financial products, STT, CTT, Taxes on gain (long & short term) Dividend tax, introduction of options in commodities, relief on financial literacy etc.

  2. 3rkarora

    March 1, 2016 at 4:39 am

    as mentioned of big move. Nifty dropped 300 points and recovered all the loses same day. perfect formation of hammer signaling a up move to 7167 and 7224. yesterday Nifty fall to near support 2 (6817) and bounced powerfully to 7167 in hours only. its all power of levels only. Above all Gods grace only.

    Disclaimer: all observations are are for education purpose for self study only.

  3. 4rkarora

    March 1, 2016 at 8:56 am

    Nifty has made high of 7224. All God’s grace. in 2 day Nifty travelled 7100 to 6800 to 7200 = 700 points move.




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