Bulls make a Arrival and Intraday Share Tips

1. Bulls make a Arrival and Intraday Share Tips Indian Intraday Shares rises on Thursday following two successive sessions of falls after minutes of the US Federal Reserve's July meeting indicated the probability of a September rate hike were slender. The Bombay Stock Exchange Sensex closes at 28123 were moving up by 118 points or impel up by 0.42 percent. Nse Nifty Index Closes at 8673 were up move by 49 points or hush ladder by 0.57 percent. The S&P BSE Midcap settling at 12968, up by 56 points or by 0.43 percent, while S&P BSE Small cap closes at 12403 were up by 123 points, or 1.01 percent. The Top Gainers on the National Stock Exchange were Ultracemco up by 4.85%, Powergrid up by 4.58%, Ntpc up by 4.30%, Indusindbk up by 3.75%, Grasim up by 2.87%. On the flip side, Coal India down by 2.53%, Tata Power down by 1.35%, Tata Steel down by 1.29%, Techm down by 1.19% and Infy down by 1.00% was the top losers on Day trading. Sensex Major Resistance on Upside at 28211-28319-28417 Sensex Major Support on Downside at 28015-27907-27809 Trend Deciding Level at 28113 20 DSMA at 27977 40 DEMA at 27605 Short Term Trend: Up Medium Term Trend: Up Nifty Index Major Resistance on Upside at 8710-8748-8785 Nifty Index Major Support on Downside at 8613-8554-8516 Trend Deciding Level at 8651 20 DSMA at 8618 40 DEMA at 8489 Short Term Trend: Up Medium Term Trend: Up Major Headlines Gammon India bags road contract from NHAI India Cements Q1 net profit surges by 16% (YoY) SRL Diagnostics Biz to Be Demerged Tomorrow L&T Infotech and Coupa from Strategic Partnership SBI Merger ratio for associate banks subject to Govt and RBI approval GST Council to Be Set Up At Earliest Post Presidential Nod to GST Bill Nifty Indices On 18 August 2016: Foreign Institutional Investors (FII) Net Bought – INR 162.17 Crores and Domestic Institutional Investors (DII) Net Sold – INR 14.42 Crores. Nifty opened with a positive gap and ended the trading session higher. The Index is broadly trading in a range of 8510–8730. However, it has managed to close above the falling trend line, which gives an upper hand to the bulls. Also, the Nifty is likely to test the higher end of the trading range in the coming trading session. Immediate resistance for the Nifty is between 8700 and 8710, above which a move toward 8730–8750 is likely. On the downside, 8640 levels spirit is active like support. In the meantime, the Bank Nifty has managed to shatter the trading range on the upside. It will see a reallocate in its trading range in the coming trading sessions. The upper end of the trading range, which was at 19150, will now act as a strong support. Lying on the other hand, 19475 will act as a resistance, above which a move toward 19600 is expected. It would be interesting to see if the Nifty breaks its current trading range or not.

2. We preserve our bullish posture on the Nifty for a short term target of 8850 as long as it is trading above 8515. In the daily chart the index is trading above the Twenty-day moving averages (DMA) and the Forty-DMA, ie 8618 and 8489 respectively. The thrust indicator is trading in negative sort on the daily chart In the hourly chart, Nifty is trading above the Twenty-hourly moving averages (HMA) and the Forty-HMA, ie 8650 and 8646 correspondingly, the hourly impetus indicator encompass turned positive. The market duration was turned positive with 1073 advances and 514 declines, Unchanged 93 Total Issue 1680 on the National Stock Exchange. Nifty Future Major Resistance on Upside at 8710-8742-8773 Nifty Future Major Support on Downside is at 8651-8624-8592 Trend Deciding Level at 8683 Bank Nifty Major Resistance on Upside at 19452-19573-19694 Bank Nifty Major Support on Downside at 19416-18961-18840 Trend Deciding Level is at 19267 30 Days Simple Moving Averages @ 8576 50 Days Simple Moving Averages @ 8429 150 Days Moving Averages @ 7882 200 Days Simple Moving Averages @ 7873 To get good advantage join our paid services Intraday Share Tips Buy Nifty Fut above 8711 sl 8686 Tgt 8731-8756 {Or} Sell Below 8644 sl 8669 Tgt 8624-8599 Buy Bank Nifty above 19380 sl 19330 Tgt 19430-19480 {Or} Sell Below 19285 sl 19335 Tgt 19235-19185 Multibagger Stock Buy Steel Strip Wheels [Nse Code: SSWL] Above 500 Target 625 Time Period: 6-9 Months Curious Fact 96% of people do not know that Osama Bin Laden was a CIA agent in 1980s.