Nifty Futures technical update

NIFTY FUTURE CHART ANALYSIS

Charts updated On - 28th February 2015.

NF moving up from strong trend line and golden ratio support zone, will favor bulls as long holds above, upper side once further strength expecting once it closes and holds above its trend line resistance.

Live Trading Session on account of Union Budget 2015-16

Indian Stock Market shall remain open for regular trading hours on the day of presentation of the Union Budget for the year 2015 - 16, i.e. on February 28, 2015 (Saturday).

Market timings on Saturday, February 28, 2015 will be as follows:

CAPITAL MARKET SEGMENT (NSE & BSE)

Saturday, February 28, 2015      Time
Pre Open Order entry Open         09:00 hrs
Pre Open Order entry Close      09:08 hrs
Market Open                              09:15 hrs
Market Close                           15:30 hrs
Closing Session Start              15:40 hrs
Closing Session End              16:00 hrs

FUTURES & OPTIONS SEGMENT (NSE & BSE)
Saturday, February 28, 2015         Time
Normal Market Open              09:15 hrs
Normal Market Close              15:30 hrs

Note :
The daily mark to market settlement for Futures and premium settlement for Options, for trades done in F&O Segment on February 27, 2015 & February 28, 2015 will take place on March 02, 2015.

Shares bought on February 27, 2015 should not be sold on February 28, 2015 as trades done on both these days will be settled together on March 03, 2015.

The timings for pay-in schedule for stocks sold on February 27, 2015 , and February 28, 2015 will be at 09.30 a.m. and 1.30 p.m. respectively on March 03, 2015 .

For clarification kindly visit nse site http://nseindia.com.

DSP BlackRock Dual Advantage Fund - Series 36 - 36M Floats On

Date - 27-02-2015

DSP BlackRock Mutual Fund Has Launched A New Fund Named As DSP BlackRock Dual Advantage Fund - Series 36 - 36M, A Closed Ended Income Scheme. The New Fund Offer (NFO) Price For The Scheme Is Rs 10 Per Unit. The New Issue Will Be Open For Subscription From 26 February To 12 March 2015.

The Primary Investment Objective Of The Schemes Is To Generate Returns And Seek Capital Appreciation By Investing In A Portfolio Of Debt And Money Market Securities. The Schemes Also Seek To Invest A Portion Of The Portfolio In Equity & Equity Related Securities To Achieve Capital Appreciation. As Far As Investments In Debt And Money Market Securities Are Concerned, The Schemes Will Invest Only In Securities Which Mature On Or Before The Date Of Maturity Of The Schemes.

The Scheme Offers Growth (Option A) And Dividend Payout (Option B) Options Under Both Regular Plan And Direct Plan.

The Scheme Shall Invest 50-95% In Debt Securities, Up To 15% In Money Market Securities With Low To Medium Risk Profile And 5-35% In Equity & Equity Related Securities With High Risk Profile.

The Minimum Application Amount Is Rs.5000 And Any Amount Thereafter.

The Fund Seeks To Collect A Minimum Subscription (Minimum Target) Amount Of Rs 20 Crore Under The Scheme During The NFO Period.

Entry Load: Nil

Exit Load: Not Applicable.

Benchmark Index For The Scheme Will Be CRISIL MIP Blended Index

The Scheme Will Be Managed By Dhawal Dalal And Vinit Sambre

AMAZON closed above its recent high @ 383, further strength can be seen as long as it holds above 383.

AMAZON (AMZN)

Charts updated on - 26th February 2015.