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Friday, 23 January 2015

Nifty analysis for 23 january 2015 and Nifty forecast for 27 january 2015 - jan 2015 series - 23 jan 2015

Cash market interpretation

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

Derivative market interpretation(fii only)

INDEX FUTURE
STOCK FUTURE
5 DAY 
 Bullish
 Neutral
3 DAY 
 Bullish
 Bearish
1 DAY 
 Bullish
 Neutral
CONCLUSION
 Bullish
 Neutral

Nifty future interpretation

Nifty future : Bullish
BankNifty future : Bullish

Predicted Nifty range 

Jan 2015 : 8800 - 9000

Chart interpretation

Bullish

Nifty forecast for 27 Jan 2015

Nifty is likely to trade range-bound.

Advice for day traders

Buy the dip.

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