TECHNICAL ANALYSIS OF APOLLOHOSP & DAILY CHART

HEXAWARE ALMOST HIT FIRST TGT 241 & MADE LOW OF 242

FUTURE :

 “BULLISH APOLLOHOSP  ABOVE 1372 TGT  1380/1390” 

“BEARISH APOLLOHOSP BELOW 1368 TGT 1360/1350”

DAILY CHAT FOR APOLLOHOSP

DAILY SUPPORT AND RESISTANCE FOR APOLLOHOSP &UPCOMING FED MEETING ON 17 SEP 2015

APOLLOHOSP levels generated based on 2015-09-15 data for the next trading day.

Daily	R4	R3	R2	R1	BULL	LOC	BEAR	S1	S2	S3	S4
Levels	1420	1402	1391	1385	1378	1370	1363	1356	1349	1338	1320

APOLLOHOSP Weekly levels generated for the week starting from 2015-09-14

Weekly	R3	R2	R1	REVERSAL	BULL	LOC	BEAR	REVERSAL	S1	S2	S3
Levels	1535	1485	1454	1416	1404	1394	1385	1373	1335	1304	1273

SIMPLE MOVING AVERAGES

Days	BSE	NSE
30	1346.53	1346.21
50	1346.89	1346.79
150	1311.60	1311.75
200	1281.01	1281.25

UPCOMING FED MEETING ON 17 SEP 2015

September 17th is a date to circle in your diary, it is the next FOMC meeting, when there is a chance that the Fed may raise interest rates for the first time in 9 years. This is causing flutters of excitement throughout the market, but what is the real chance of a rate rise from the Fed in the coming weeks?

There are two answers to this: one from economists and one from the market. Looking at economists first, 87% expect the Fed to raise rates to 0.5% on 17th Sept, only 6 out of 27 polled by Bloomberg thought rates would remain at 0.25%. Although economist estimates may change between now and then, this seems to be a ringing endorsement that the Fed will hike rates next month.However, economists may not be putting their money where their mouth is, as the market is only pricing in a 50% chance of a rate hike from the Fed next month, according to Fed Funds futures. This rises to a 75% chance of a hike by December, and a 90% chance of a hike by April 2016.