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NIFTY TRADING SYSTEM - AAKSHARSROCK.COM

Tags : www.aaksharstock.com
Industry : Equity Research/Analytics
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Nifty futures opened today with a gap up of approx. 30 points @ 4785. It quickly managed to scale above 4800 mark in the early session and made an intraday high of 4849. Nifty spend the whole day above the 4800 level and closed the day at 4832.

Nifty made a new high today above 4825 , which is positive for the market. Now only a close above 4850 area with good volumes is needed to take Nifty towards 4950 zone and with positive momentum we could go all the way above 5000 level towards 5050 .On the downside the support, now comes in at 4720 area.

Our view on Nifty future is positive for now. Only a break below 4720 support area , will reinstate the downside momentum again and take Nifty below 200 day moving average towards 4530 area . Any dips in Nifty should be used as a buying opportunities for the near term targets of 4950 and thereafter 5050 level.

OUR TRADING SYSTEM IS A SOURCE OF SECOND INCOME FOR MOST OF OUR CLIENTS.
EXAMPLE.....
INDEX : NIFTY FUTURES
QTY : 100 SHARES
MARGIN : INR 70000/-
RETURNS : INR 20000/- AVG/MNTH

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We have maintained trade by trade performances along with Equity Curve and ROI(Return on Investment) for last 25 months.It can be viewed at the following links:
www.aaksharstock.com/equitycurve.html
www.aaksharstock.com/roi.html
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Nifty futures opened today with a gap up of approx. 30 points @ 4785. It quickly managed to scale above 4800 mark in the early session and made an intraday high of 4849. Nifty spend the whole day above the 4800 level and closed the day at 4832. Nifty made a new high today above 4825 , which is positive for the market. Now only a close above 4850 area with good volumes is needed to take Nifty towards 4950 zone and with positive momentum we could go all the way above 5000 level towards 5050 .On the downside the support, now comes in at 4720 area. Our view on Nifty future is positive for now. Only a break below 4720 support area , will reinstate the downside momentum again and take Nifty below...
Archana Singh  |  Commented  |  2 years ago
You are providing wonderful information.. But it will great if you refer it to the Investment Hub community. Am referring it to the community.
 
 
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NIFTY FUTURES CLOSES ABOVE 4850........... NIFTY Futures opened today on a very flatish note @ 4808 up by only 10 points. It spent the early session in a narrow lacklusture trade with very thin volumes.It made an intraday low in the mid session @ 4788. But towards the End it was a BlowOff. It closed the day with a premium of 35 points over Cash @ 4890. Today was the much awaited day, as It has finally managed to close above the Important level of 4850 mark. And with a Premium of 35 points over Cash Nifty is also very Positive.Now if this Momentum continues for tommorrow, we could easily make an attempt towards 4950 zone. On the downside, the support now stands @ 4740 - 4775 zone. Our Outloo...
 
 
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A consortium of private equity firms Apax Partner and  iGate  are close to buying 63 per cent of  Patni Computers  in a deal valued at about $915 million, a source with direct knowledge of the matter told Reuters.  The Apax-iGate consortium has offered about 500 rupees a share for the stake, the source said, adding that a deal would likely be announced early next week.  The consortium, which beat a rival team of Carlyle, Advent International and Akansa Capital to the deal, will make an open offer for another 20 per cent stake in Patni following the agreement, the source said.  The iGate-Apax consortium is taking a loan of about $500 million to fund the deal, the source said.  Patni could no...
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