Short Nifty at 5375 with a stop loss of 5405 for the target of 5335 , 5310 , 5290 , 5268
Levels
Support 5293, 5268 , 5250
Resistance 5370 , 5400 , 5437
Short Acc at 984 with a stop loss of 993 for the target of 962 , 955 , 940
Short IDEA at 58.7 with a stop loss of 59.25 for the target of 57.2 , 56.4 , 55.6
Short Jpassociat at 78.75 with a stop loss of 80.3 for the target of 77.2 , 76 , 75
Short Educomp at 477 with a stop loss of 482 for the target of 467 , 460 , 452
Short Ultratech cement at 949 with a stop loss 958 for the target of 932 , 921 , 912
This Blog is regarding the view of Nifty and for the stocks specific and to educate the traders. You can send your queries to stcktrnd@gmail.com
Monday, February 28, 2011
Saturday, February 26, 2011
28/02/2011 View of Nifty
Today is the budget day so we can expect large volatality
Nifty's level for this week will be 5010-5600
for todays level
Support 5263 , 5238 , 5198
Resistance 5328 , 5360 , 5410
Short RCOM at 89.6 with a stop loss of 91.2 for the target of 86.2 , 84 , 81
Short Rpower at 111 with a stop loss of 113.2 for the target of 107 , 105.4 , 103
Buy Suzlon at 45.5 with a stop loss of 44.6 for the target of 47.5 , 49
Nifty's level for this week will be 5010-5600
for todays level
Support 5263 , 5238 , 5198
Resistance 5328 , 5360 , 5410
Short RCOM at 89.6 with a stop loss of 91.2 for the target of 86.2 , 84 , 81
Short Rpower at 111 with a stop loss of 113.2 for the target of 107 , 105.4 , 103
Buy Suzlon at 45.5 with a stop loss of 44.6 for the target of 47.5 , 49
Thursday, February 24, 2011
25/02/2011 View of Nifty
Nifty will make a pull back move today
Levels for today's Nifty
Buy Nifty around 5220 with a strict stop loss of 5193 for the target of 5290 , 5330 , 5348
Support 5220 , 5193, 5167
Resistance 5305 , 5332, 5353
Short JSWSteel at 880 with a stop loss of 892 for the target of 852 , 834
Short BEML at 634 with a stop loss of 650 for the target of 619 , 602
Short LITL at 37.2 with a stop loss of 37.8 for the target of 35.7 , 35.1 , 34.3
NAGARJUNA Construction , Syndicate Bank & Tech Mahindra are also week only
Levels for today's Nifty
Buy Nifty around 5220 with a strict stop loss of 5193 for the target of 5290 , 5330 , 5348
Support 5220 , 5193, 5167
Resistance 5305 , 5332, 5353
Short JSWSteel at 880 with a stop loss of 892 for the target of 852 , 834
Short BEML at 634 with a stop loss of 650 for the target of 619 , 602
Short LITL at 37.2 with a stop loss of 37.8 for the target of 35.7 , 35.1 , 34.3
NAGARJUNA Construction , Syndicate Bank & Tech Mahindra are also week only
Wednesday, February 23, 2011
24/02/2011 View of Nifty
Today is the expiry day so more volatility will be there . Banking stocks will have good price fall.
Range for today's Nifty
Support 5421, 5400 , 5385 , 5370
Resistance 5463, 5480 , 5505
Short ICICIBANK at 1020 with stop loss of 1032 for the target of 1000, 985
Short Grasim at 2288 with stoploss of 2305 for the target of 2256 , 2245
Short IDFC at 136.5 with stop loss of 138.1 for the target of 133.5 , 132 , 130
Short SBIN at 2642 with stop loss of 2661 for the target of 2609 , 2575 , 2552
Short Moser-Baer at 40.5 with stop loss of 41.1 for the target of 39 , 38
S
Range for today's Nifty
Support 5421, 5400 , 5385 , 5370
Resistance 5463, 5480 , 5505
Short ICICIBANK at 1020 with stop loss of 1032 for the target of 1000, 985
Short Grasim at 2288 with stoploss of 2305 for the target of 2256 , 2245
Short IDFC at 136.5 with stop loss of 138.1 for the target of 133.5 , 132 , 130
Short SBIN at 2642 with stop loss of 2661 for the target of 2609 , 2575 , 2552
Short Moser-Baer at 40.5 with stop loss of 41.1 for the target of 39 , 38
S
Tuesday, February 22, 2011
23/02/2011 View of Nifty
Level of Nifty
Support 5450 , 5428 , 5406
Resistance 5488 , 5520 , 5551
Buy Piramal Healthcare at 450 with stop loss of 446 for the target of 459 , 464
Short L&T above 1615 with stop loss of 1628 for the target of 1584 , 1562
Short Cummins above 652 with stop loss of 659 for the target of 635 , 620
Short Moser-Baer above 41 with stop loss of 42.5 for the target of 38 ,36
Support 5450 , 5428 , 5406
Resistance 5488 , 5520 , 5551
Buy Piramal Healthcare at 450 with stop loss of 446 for the target of 459 , 464
Short L&T above 1615 with stop loss of 1628 for the target of 1584 , 1562
Short Cummins above 652 with stop loss of 659 for the target of 635 , 620
Short Moser-Baer above 41 with stop loss of 42.5 for the target of 38 ,36
Monday, February 21, 2011
22/02/2011 View of Nifty
Nifty made a good move
Buy Nifty 5462- 5475 with a strict stop loss of 5445 for the target of 5545 target w 5575 target 3 5599
levels for today
support 5495 , 5460 , 5432
Resistance 5545 , 5575 , 5605
Buy Nifty 5462- 5475 with a strict stop loss of 5445 for the target of 5545 target w 5575 target 3 5599
levels for today
support 5495 , 5460 , 5432
Resistance 5545 , 5575 , 5605
Friday, February 18, 2011
21/02/2011 View of Nifty
This week Nifty will have more volatility as expiry of the derivative contract
levels for nifty
Support 5420 , 5400 , 5380 , 5338
Resistance 5490 , 5520 , 5550 , 5580
levels for nifty
Support 5420 , 5400 , 5380 , 5338
Resistance 5490 , 5520 , 5550 , 5580
Thursday, February 17, 2011
18/02/2011 View of Nifty
Nifty made a good move and if crosses 5565 it will go up to 5620
levels for today
Support 5525 , 5500 , 5480
Resistance 5565 , 5580 , 5600 , 5620
levels for today
Support 5525 , 5500 , 5480
Resistance 5565 , 5580 , 5600 , 5620
Wednesday, February 16, 2011
17/02/2011 View of Nifty
Nifty is not able to make a decisive move
Short Nifty around 5505-5520 with a strict stop loss of 5565 for the target of 5460 target 2 5435 target 3 5400
Short Tatasteel at 642-645 with a strict stop loss of 653 for the target of 631 and 625
Short Nifty around 5505-5520 with a strict stop loss of 5565 for the target of 5460 target 2 5435 target 3 5400
Short Tatasteel at 642-645 with a strict stop loss of 653 for the target of 631 and 625
Tuesday, February 15, 2011
16/02/2011 View of Nifty
We can short Nifty at 5515-5530 with a strict stop loss of 5565 for the target of 5460 target 2 5430 target 3 5406
todays level
Support 5465 , 5430 , 5406 , 5382
Resistance 5530 , 5565 , 5580
todays level
Support 5465 , 5430 , 5406 , 5382
Resistance 5530 , 5565 , 5580
Monday, February 14, 2011
15/02/2011 View of Nifty
Nifty gave a good pull back move but we have to watch it whether it is continuing or again starts to falling.
5520 is important hurdle
Support 5430 , 5394 , 5361 , 5332
Resistance 5485 , 5500 , 5520 , 5550
5520 is important hurdle
Support 5430 , 5394 , 5361 , 5332
Resistance 5485 , 5500 , 5520 , 5550
Saturday, February 12, 2011
14/02/2011
Nifty just gave a pull back use this opportunity for shorting
Support 5280 , 5255 , 5240 , 5222
Resistance 5343 , 5364 , 5380 , 5400
Thursday, February 10, 2011
11/02/2011 view of Nifty
Nifty is having channel support at 5140 as per weekly chart we have to see whether its getting support at this point.
Support 5196 , 5178 , 5140
Resistance 5250 , 5272 , 5301
Support 5196 , 5178 , 5140
Resistance 5250 , 5272 , 5301
Wednesday, February 9, 2011
10/02/2011 view of Nifty
Nifty is not finding any bottom
Today's Nifty level will be
support 5225 , 5196 , 5166
Resistance 5280 , 5305 , 5330 ,
Today's Nifty level will be
support 5225 , 5196 , 5166
Resistance 5280 , 5305 , 5330 ,
Tuesday, February 8, 2011
08/02/2011 View of Nifty
Nifty's level for today
support 5282 , 5248 , 5214
Resistance 5340 , 5360 , 5377 , 5400
support 5282 , 5248 , 5214
Resistance 5340 , 5360 , 5377 , 5400
08/02/2011 view of Nifty
Market is in consolidation phase its not going to make any decisive move for 1 or 2 days Nifty spot is finding minor support at 5350 so before moving further it will consolidate in this range 5350-5450
Resistance 5430 , 5444 , 5460
Support 5380 , 5364 , 5347
Resistance 5430 , 5444 , 5460
Support 5380 , 5364 , 5347
Saturday, February 5, 2011
07/02/2011 View of Nifty
Nifty has broken 5400 level also
Nifty spot will find minor support at 5350 level for 1 or 2 days after that it will break that also
and in upper side 5560 will act as a hurdle
Todays level will be
support 5350 , 5325 , 5300
Resistance 5430 , 5467 , 5490
Nifty spot will find minor support at 5350 level for 1 or 2 days after that it will break that also
and in upper side 5560 will act as a hurdle
Todays level will be
support 5350 , 5325 , 5300
Resistance 5430 , 5467 , 5490
Thursday, February 3, 2011
04/02/2011 View of Nifty
NIFTY closed positive for the second day this is just a pullback move the trend will change only after closing above 5630 levels for today
Support 5500 , 5469 , 5440
Resistance 5553 , 5584 , 5600
If spot Nifty goes above 5540 then there is a chance of testing 5600
cipla , hul , icici , sail , bajajhindustan , orchid chemicals these stocks are with bullish mode for today .
Support 5500 , 5469 , 5440
Resistance 5553 , 5584 , 5600
If spot Nifty goes above 5540 then there is a chance of testing 5600
cipla , hul , icici , sail , bajajhindustan , orchid chemicals these stocks are with bullish mode for today .
Wednesday, February 2, 2011
03/02/2011 View of Nifty
Finally after five days Nifty closed in positive but still market is in Bear Phase only
level for today
support 5414 , 5400 , 5380 , 5350
Resistance 5450 , 5480 , 5507
level for today
support 5414 , 5400 , 5380 , 5350
Resistance 5450 , 5480 , 5507
Tuesday, February 1, 2011
02/02/2011 View of Nifty
NIFTY spot is breaking all the levels 5380 and 5350 would act as a support for today
so if nifty comes in this range one can buy around 5350-5365 with a stop loss of 5330 for the target of 5450 this entry should be done only in the first half.
so if nifty comes in this range one can buy around 5350-5365 with a stop loss of 5330 for the target of 5450 this entry should be done only in the first half.
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