Daily Newsletter by S2 Analytics

NewsLetter

Nifty Watch July 01-2014

ABSTRACT Prices remain in contraction much more than they remain in thrusts and breakouts. Trading inside contraction is not a winning proposition – the nifty was moving inside just 38 points today, hardly any profitable trading was possible. Trading range remains intact in Bank Nifty. Prices are now trading near its short term resistance at […]

Nifty Watch June 30-2014

ABSTRACT Today, Monday was setting up to be a big buy day. This came about. But, the nifty remains inside a trading range; a breakout from the range will occur if and when the nifty closes above 7650 decisively or below 7500. Trading range remains intact in Bank Nifty. A short term resistance comes at […]

Nifty Watch June 28-2014

ABSTRACT Monday will begin the budget countdown as markets are likely to move in anticipation of budget events; subdued expectations suggest the current trading range may well remain intact. Buying on sharp dips in the nifty is the way to trade. Trading range remains intact in Bank Nifty. A short term resistance comes at 15400. […]

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