Dear Trader…
FII and FPIs, on Wednesday noticed a web buy of Rs 666.66 crore within the money section. A complete of Rs 8717.66 crore was bought towards a complete buy of Rs 9384.32 crore. Domestic institutional traders noticed a web bought of Rs 1287.87 crore within the money section. A complete of Rs 6785.94 crore was bought towards a complete buy of Rs 5498.07 crore.
Ø INDEX MOVEMENT – 02.09.2021
Ø Nifty Future closed @ 17096 as on 01.09.2021..!!
I’m optimistic for the subsequent bullish pattern solely above @ 17173 Point however be with the pattern. Let the market resolve additional strikes.
As we’re saying from many days, Buying is usually recommended in falls solely…and it’s nonetheless a greater technique within the given Scenario, relating to Long time period positions, it’s preferable to stay cautious now…!!
If Nifty Future crosses @ 17173 Point, once more then the higher aspect goal is kind of excessive and it might contact @ 17202 Point within the quick time period…!!!
Ø Bank Nifty Future closed @ 36699 as on 01.09.2021..!!
Dear Traders,
Bank Nifty Future has resistance at 36707 – 36737 Point; above which different resistance ranges are at 36808 – 36888 Point with extremely Volatile Trend,
Bank Nifty Future has Downside assist ranges are at 36606 – 36530 Point; under 36530 Point, different assist ranges are at 36474 – 36404 Point.
If Bank Nifty Future crosses @ 36888 Point, once more then the higher aspect goal is kind of excessive and it might contact @ 37007 Point within the quick time period…!!
Ø Trading Idea for the by-product shares….
Ø INDIGO @ Positive Trend @ Rs 1900 with Stoploss of Rs @ 1880 for the Target close to @ Rs 1933 – 1947 briefly time period…..!!!
Ø INFOSYS LTD @ Positive Trend @ Rs 1660 with Stoploss of Rs @ 1646 for the Target close to @ Rs 1707 – 1720 briefly time period…..!!!
Ø ESCORTS LTD @ Positive Trend @ Rs 1333 with Stoploss of Rs @ 1320 for the Target close to @ Rs 1373 – 1380 briefly time period…..!!!
Ø RAMCO CEMENT @ Positive Trend @ Rs 1003 with Stoploss of Rs @ 993 for the Target close to @ Rs 1033 – 1040 briefly time period…..!!!
Ø RELIANCE INDUSTRIES @ Negative Trend @ Rs 2308 with Stop lack of Rs @ 2323 for the Target close to @ Rs 2257 – 2240 briefly time period…!!!
Ø BATA INDIA @ Negative Trend @ Rs 1808 with Stop lack of Rs @ 1818 for the Target close to @ Rs 1760 – 1747 briefly time period…!!!
Ø GRASIM INDUSTRIES @ Negative Trend @ Rs 1515 with Stop lack of Rs @ 1525 for the Target close to @ Rs 1477 – 1464 briefly time period…!!!
Ø M & M @ Negative Trend @ Rs 787 with Stop lack of Rs @ 808 for the Target close to @ Rs 760 – 747 briefly time period…!!!
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