01/02/2011 View of Nifty

Nifty spot is in consolidation phase it will move with in  5415-5625 this range for few days
one can buy Nifty above 5530 -5540 for the target of 5590 and target of 5615 with a strict stop loss of  5495 this entry should be in the first half only

31/01/2011 View of Nifty

Nifty is not finding support any where lets hope 5340 will provide support
now 5620 will act as a resistance and a minor support is around  5415
Nifty will see some consolidation here before making any further move

28/01/2011 View of Nifty

NIFTY is having support at 5550 spot so one can buy NIFTY  at5550-5570 with a strict stop loss of 5535 for the target of 5618   and 5650
This entry is only in first half

27/01/2011 View of Nifty

Market is in week phase and today is the expiry of JAN contract so we can expect lot of volatality
Today NIFTY will go upto 5620 so one can short NIFTY above 5710-5730  with a strict stoploss of 5750 for the target of 5650 and 5620

25/01/2011 View of Nifty

Today is the Monetary policy announcement.
If it is 25bps hike there wont be much fall for the market it will start moving upward
if it is 50bps hike then the Nifty fall more .

Maximum possible is there will be only 25bps hike .
This month NIFTY expiry wont go below 5700

Buy NIFTY 5710-5725 with a strict stoploss of 5685 for the target of 5800

24/01/2011 View of Nifty

Last week nifty spot moved only between 5624-5747.65   within 123 points
but this week we can expect a good move on either side
two things are there in this week 25th Monetary Policy announcement and 27th F&O expiry.
so do the trading with strict stop loss .


Nifty is having strong support at 5600 and next support is at 5550 if it goes below then it will go upto 5400
Nifty is having resistance at 5750 once it closes above this level it can go upto 5865 and 5980

To utilize this opportunity go for LONG STRANGLE strategy by
buying 5800 CE at Rs 13 and buy 5600 PE at 13
maximum loss Rs1300
maximum gain unlimited

21/01/2011 View of Nifty

Nifty spot is not making any decisive move on either side .
market is in consolidation phase it will continue till it closes above 5750 or below 5600
for today one can short NIFTY around 5725-5740 with a strict stop loss of 5765 for the target of 5650 and the next target of 5620

20/01/2011 View of Nifty

Market is in bearish mood only dont go for any long position
Today Nifty Spot will come upto 5620
short nifty at 5730-5710  with a stop loss of 5765
for the target of 5650 next target of 5620

19/01/2011 View of Nifty

Still Nifty is in bear mood only dont go for any long position

Nifty spot is having resistance at 5760 next resistance at 5785 and next reistance at 5820
Nifty spot is having support at 5690 and next support at 5655

18/01/2011 View of Market

Nifty spot will be in a range bound move with in 5600-5700 until it breaks either of this level it will be moving with in this range only.

Market is in bearish mood only dont go for any long position.

one can buy Nifty around 5605-5625 with a strict stoploss of 5585 for the target of 5690

17/01/2011 View of NIFTY

BUY NIFTY around 5600-5620 with a strict stop loss of 5585
for the target of 5690

this view is strictly for today only

14/01/2011 View of Nifty

Nifty is in bearish mode only so dont go for any long position
Nifty will test 5700 today and once it breaks 5690 it will go upto 5615
Nifty spot is having strong resistance at 5820

short nifty 5780-5800 at this level  with stop loss at 5825 fot the target of 5755 target 2  5700  target 3 5650

13/01/2011 View of NIFTY

Nifty spot just gave a pullback move and closed at 5863.25

Todays market depends upon INFOSYS result.

one can use these level
support   5824.80 ,  5801.022 , 5781.8  , 5762.578 , 5738.794  , 5700

Resistance  5901.69 ,5925.47 ,  5944

when Nifty goes below 5822 short it with a stoploss of 5838 for the target of 5755

Nifty spot is having strong Resistance at 5940-5950 one can go for short at this level with a stop loss at 5972 for the target1 5878 tar 2 5830 tar3 5755

12/01/11 View

Nifty will see 2,3 days consolidation phase
Nifty find's major support at 5690 once it goes below then it will taste 5600 , still market is in bearish mode only so dont go for any long position's

todays level for Nifty spot
Resistane
     5788.178 ,5809.261,5826.3 ,5843.339,  5864.422 ,5898.5

Support

     5720.022, 5698.939 ,5681.9 ,5664.861 ,5643.778 ,5609.7

11-01-2011 View Of Market

Market is still is negative bias only Nifty will test 5600 in this week , as result season is coming hope it will bring positive mood to the market , Dont go for any long position untill bottom is formed.


todays level of nifty
Support
     5723.603 ,5699.323 ,5679.7 ,5660.077 ,5635.797,  5596.55

Resistance
    
     5802.097 ,5826.377, 5846 ,5865.623 ,5889.903,      5929.15

Nifty's view

10/01/2011
Nifty today if not able to close above 5937 (100 DMA) and closing below 5800 then Nifty's next target is 5600.