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Sunday, 8 February 2015

Nifty analysis for 6 february 2015 and Nifty forecast for 9 february 2015 - feb 2015 series - 6 feb 2015

Nifty caught between bullish technicals and bearish news.
Cash market interpretation

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

Derivative market interpretation(fii only)

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

Nifty future interpretation

Nifty future : Neutral
BankNifty future : Bearish

Predicted Nifty range 

Feb 2015 : 8600 - 9000

Chart interpretation

Neutral

Nifty forecast for 8 Feb 2015

Nifty is likely to trade weak in a narrow range.

Advice for day traders

Buy any intraday low.

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