Monday, February 28, 2011

01/03/2011 View of Nifty

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

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

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

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

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 

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


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

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

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

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 

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

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

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 , 

Tuesday, February 8, 2011

08/02/2011 View of Nifty

Nifty's level for today

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

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

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 .

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


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.