To ease the bullish trade

-

Chart Hint: Ashok Trivedi

The BSE Index (Closed 7.5 on 9-08-2) is prone to softening from a peak of 7.5. At present, the average for 15 days is 6.15 and for 8 days it is 8.05 and for 200 days it is 304.5. Daily and weekly MACDs are soft. Shows position towards oversold on daily and weekly basis as well as oversold on monthly basis. Above 212, 30, 2110 is considered as resistance level. If the bottom 2 breaks down to 2, the probability is up to 20, 2110, 20, 21500.

Aarti Industries (closing price of Rs. 3.3 dt. 2-06-9) is pro-softening from the top of 1112. At present, the average for 15 days is 7.5 and for 8 days it is 4.5 and for 200 days it is 313.5. Daily and weekly MACD is pro-softening. Shows position towards oversold on daily, weekly as well as monthly basis. Above 6 is considered as 3 above resistance surface. Possibility of 50, 210, 5 below 21 below.

Adani Enterprise (Closed Price Rs. 1912.50 Dt. 3-06-9) is pro-softening from the top of 1905. At present the average for 15 days is 120.8 and for 12 days it is 1213.81 and for 200 days it is 1200.5. Daily and weekly MACDs are soft. Shows oversold on daily and weekly basis as well as neutral position from overboat on monthly basis. Above 12 is considered to be 120 resistance surface. Possibility of 12 down to 1200, 120, 12.

Ashok Leyland (closing price Rs. At present, the 12-day MACD is 14.5 and the 3-day MACD is 120.05 and the 200-day MACD is 15.05. Shows oversold positions on a daily, weekly as well as monthly basis. Above 15 is considered as 12 resistance surface. Possibility of 103, 100, 2 below 115.

HDFC Bank (closing price of Rs. 12.10 on 3-08-2) is prone to softening from the top of 12.5. At present the average for 15 days is 13.50 and for 3 days it is 1208.5 and for 200 days it is 1200.5. Daily and weekly MACDs are soft. Shows oversold on daily basis, oversold on weekly basis and oversold position on monthly basis. Above 12 above 12, 1908 counts as resistance surface. Possibility of 16, 17 below 1204.

LIC (closing price of Rs. 3.30 on 3-08-2) is in favor of softening from the top of 203. At present, the average for 15 days is 4.5 and for 8 days it is 4.5 and for 200 days it is 8.31. Daily and weekly MACDs are soft. Shows oversold positions on daily, weekly as well as monthly basis. Above 6 is considered as 3 above resistance surface. Possibility of 6 down to 210, 4 down.

Reliance (closing price of Rs. 4.5 on 5-08-2) is prone to softening from the top of 8.30. At present the average for 15 days is 21.5 and for 8 days it is 206.5 and for 200 days it is 4.5. Daily and weekly MACDs are soft. Shows oversold positions on daily, weekly as well as monthly basis. Above 6 is considered 60, 70 resistance surface. Possibility of down to 4, down to 6, 2121.

Bank Nifty Futures (closed at 8.10 am on 3-08-2) is pro-softening. At present the average for 15 days is 313.81 and for 21 days it is 21.5 and for 200 days it is 4.5. Daily and weekly MACDs are pro-softening. Shows position towards oversold on daily and weekly basis as well as oversold on monthly basis. Above 20 above 2000, 20, 20 resistance levels are considered. Possibility of down to 5, down to 201, down to 2050, 200, 3112.

Nifty Futures (closed at 12.00 on 7-08-2) is pro-softening from the top of 12. At present, the average for 15 days is 1208.5 and for 13 days it is 18.12 and for 200 days it is 13.5. Shows position towards oversold on daily and weekly basis as well as oversold on monthly basis. Above 12 above 13, 12, 1904 are considered resistance surfaces. Possibility of 12, 120 below, 12050, 120, 1500, 1500.

Sayonara

Now friends, get together, share and drink, Shankar will not come to drink the poison of the world - Jalan Matri

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more