Nifty

List of stocks in Bank Nifty index with weightage

by Bhaveek Patel

My last article was about weight of stocks in NSE Nifty index, in this article I will tell the weight of stocks in Bank Nifty index. Bank Nifty index is the index traded on NSE based on the prices of 12 banks, below are the stocks along with their weightage, this weight can help us in identifying what would be the direction (Up trend or Down trend) of index if the major banking stocks like .....

Stock and their Weight in NSE Nifty Index, How it is Helpful

by Bhaveek Patel

Here is the list of NSE Nifty stocks along with their weightage in NSE Nifty index. This weightage can be very useful when we have high weightage stock moving in one particular direction, so chances are that nifty index will also move a bit in that direction due to high weightage that stock have. Take an example if TCS, Reliance, ONGC, Coal India, ITC and State bank of India are trending up, then nifty will .....

Nifty Future Intraday Trade, Buy Nifty Future Target 5045

by Bhaveek Patel

Date: 8 June 2012. NSE Defty (Nifty in terms of US Dollar) has support on daily chart at 3135 level, right now this index is seen taking support and we will be looking for taking long positions in nifty future around 4985 zone with intraday target as 5020 and 5045 levels, stop loss should be placed at 4975 level. Slow stochastic indicator is oversold right now and bounce should be expected in nifty future, we .....

Technical Analysis: Short Sell BankNifty at 9899 (Spot Level), Resistance at 9900 Zone

by Bhaveek Patel

I am having a trade setup on Bank Nifty future, while looking at the daily chart I see some resistance on bank nifty future at 9900 zone (Spot Level). I will be looking for short selling opportunity around 9900 level (Spot Level), for trading target 9700 level (Spot Level) while placing stop at 10000 zone (Spot Level). Look at the Bank Nifty chart: You can also see 100 EMA acting as resistance at that zone, .....

NSE Stocks that are in Strong Uptrend on Charts

by Bhaveek Patel

Trading in the direction of trend has proved to be very profitable strategy in any financial market. Same thing applies for stock market, so I have prepared a list of few NSE stocks that are in a strong uptrend on charts. This list updated on 5 June 2012. Here is the list of such stocks: Ajanta Pharma Amara Raja Batteries Apollo Tyre Asian Paints Balkrishna Industries Bata India Berger Paint Blue Dart Bosch and Loumb .....

Intraday: Nifty future seeing buying on lower levels, Bullish for today

by Bhaveek Patel

Nifty future has corrected by 1.25% today, I am seeing buying at lower levels on intraday charts of nifty future. I think Nifty is forming some base for intraday bounce around 4855 zone, so I suggest traders to go long on nifty future around 4855 zone for intraday gain of 25 points and stop loss of 15 points. Indian Rupee is also looking stable on charts, this would help nifty future to move higher on .....