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Tuesday, 2 December 2014

Nifty analysis for 2 december 2014 and Nifty forecast for 3 december 2014 - dec 2014 series - 2 dec 2014

Cash market interpretation

 ADV : DEC
 Bullish
 TURNOVER
 Neutral
 FII:DII
 Neutral
 CONCLUSION
 Bullish

Derivative market interpretation(fii only)

INDEX FUTURE
STOCK FUTURE
5 DAY 
 

3 DAY 
 Bullish
 Bearish
1 DAY 
 Neutral
 Bearish
CONCLUSION
 Bullish
 Bearish

Nifty future interpretation

Nifty future : Bearish
BankNifty future : Bullish

Nifty range ( based on F&O )

Dec : 8500 - 8670

Chart interpretation

Bullish

Nifty forecast for 3 Dec 2014

Nifty likely to trade range-bound with bullish closing.

Advice for day traders

1. Buy any decline towards 8500 aggressively. Expected closing is 8545.

Anjum S Khan
admin@tracknifty.com
Admin/Analyst
TrackNifty.com