ICICI Bank: Target is 920-902-870 with SL of 985.

Gap filling will be expected and that keep as target.

Enjoy Trade.

ALL THE BEST TO YOUR TRADE.

Technically Negative on LNT.

Target is 780-770.

Enjoy Trade.

ALL THE BEST FOR YOUR TRADE.......

Analysis done by me on 20th August, 2013.

Now, I have currently see that USD/INR cross 64 and Market is punished very badly.

Also Moody has downgrade 3 Banks Bank of Baroda, Canara Bank & Union Bank and also I heard that downgrade of India and From here If India will downgraded then it will be in "Junk Status.(BBB Rating)" 

I also found data like FIIs have sold Rs 15,600 crore of stocks since the beginning of June. So according to me, this continue to hampering market and our major benchmark reach to the 2 years low.

10-Years Bond yield also reach at around 8.5% so which also affect the profit of bank because people will attracted more towards bonds now on-wards. Am I Right????

Also National Spot Exchange (NSEL) settlement issue is not much effective and Forward Markets Commission (FMC)posted that only Rs 68 crore collected in NSEL's escrow account .

Thus, this all effecting Indian Market and Economy as well.

Some new points: As we have seen that NSEL defaulted everytime and also had taken loan from Financial Technologies. As per my views, Business of FT is very sound but can we take bet on its Fundamental???? I can't.... SEBI have renew license to MCX-SX with some regulations.
News is also that Mr. Jignesh Shah(FT) acquire stake of N.K.Protine, Ya, that is a correct decision as investors get back some of their amount if that stake will be going for liquidation.
As many of have made discussion on it so I am not saying more on it.

BUT for me important is QE3 at USA Fed meeting which is arrange on 17th & 18th Sept., 2013.
& RBI mid quarter monetary policy review arrange on 20th Sept.,2013 under the guidance of new governor of RBI Dr.Raghuram Rajan.....

Obviously If tapering will start as strong step and that surely affect emerging market and which can give as opportunity of see new high in bullion commodities.

Waiting for Results.....

  

 

Nifty Target 5740 on the basis of Candle, RSI, MACD Signal confirm.

Enjoy trading, Earn Return.

ALL THE BEST FOR YOUR TRADE.....

DLF Ltd. has potential upside target of 170-175. Trade on CMP. 

Also go with Call of 170.

ALL THE BEST with your trade.

NIFTY

As 2 rounding top created on chart of Nifty which gives the signal of down trend and 1st Target is 5030 and market remain panic for next trading sessions.

New Nifty Target.

On 3/6/2013 10:20 AM :- There is a head & shoulders pattern on 15min.,30min.,1 Hour chart of NIFTY so If Nifty break level 5952-5918 then it will be go up to 5860-5800-5780........