B3 Financial Services - Tips Provider

Sensex Crashes 700 Points : Reason for Sharp Fal

The BSE Sensex plunged over 700 points and Nifty declined over 200 points.Let me put the reason from both Technical and Fundamental Perceptive.

'The sensex close 722.77 points or 2.6% down at 26717.37 and nifty close 227.80 points or 2.7% at 8097 in nifty 49 share decliend and 1 share advanced. Bharti airtel was the only gainer in the nifty '.

Fundamental

Liquidity Squeeze by FII’s : FII money is Hot money which chase return irrespective of market. The Hottest Stock market on earth right now is Chinese Stock Market which is running like there is no tomorrow.

Technical Reason

Trading below 200 DMA: Nifty / Sensex after 15 months are trading well below its 200 DMA, putting pressure on market, as many FII’s have 200 DMA benchmark for buying or selling.

OUR TARGET ALMOST ACHIEVED IN NIFTY SELL CALL (Positional Call) For Paid Clients

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Nifty future & Option  
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Tips – IF NIFTY BREAK 8070 LEVEL FOR NEXT LEVEL IS 7980

Tomorrow NIFTY FUTURE  Levels 07/05/2015

RES : 8255 - 8400 - 8489 - 8723
SUP : 8200 - 8056 - 7966 - 7733