01/07/2011 Trading Views

Nifty is now going to face a crucial stage in 5680 and 5750 level .
As new settlement is starting from today the market will decide which side to move in 2 or 3 days.
In the down side 5600 will act as a good support.

Levels for today
Support 5627 , 5615 , 5603

Resistance 5667 , 5680 , 5700 , 5750



Short HINDALCO at 183 with stop loss of 186 for the target of 177
Buy BAJAJHIND at 70.25 with 68.75 as stoploss for the target of 74

30/06/2011 Trading Views

Nifty made a good closing of 5600 , however we have to watch whether Nifty is continuing its upmove or not. Now the next level to watch is 5680 and 5750.
As today is F&O settlement day we can expect lot of volatality.
Instead of playing in Nifty we can be stock specific.

Levels for Today

Resistance 5615 , 5626 , 5642 , 5680
support 5584 , 5574 , 5555


Buy IDFC at 128.5 with stop loss of 126 for the target of 135

29/06/2011 Trading Views

Nifty made a Doji on the EOD chart which shows indecisiveness of the market. Nifty is once again at the crucial level of 5555 crossing above 5600 will be a hurdle.

Levels for Today

Support 5530 , 5515 , 5496 , 5480
Resistance 5560 , 5575 , 5592


Buy Axis bank at 1295 with stop loss of 1285 for the target of 1345

Buy HDFCBANK at 2410 with stop loss of 2395 for the target of 2440 , 2460

28/06/2011 Trading Views

Nifty again came back to the 5555 level , if Nifty is able to cross above 5600 and 5750 with the same speed then it will be good for market.

Level for Today

Support 5510 , 5494 , 5480 , 5458

Resistance 5555 , 5575 , 5598 ,5613

BUY PFC at 181 with stop loss of 176 for the target of 191

27/06/2011 Nifty's view

Over all Trend of Nifty
Short term : Bullish
Medium term : Bearish
The medium term trend will get changed to bullish only on a firm close above 5750 until that the trend will be bearish only.

The current up move will take Nifty towards 5600 .it will face resistance at 5480 , 5522 , 5555 and 5600.
The support for Nifty comes at 5330.

Nifty for today
As there was increase in kerosene and LPG prices NIFTY is expected to open downwards.

Levels for today
Support 5440 , 5400 , 5388 ,5368
Resistance 5480 ,5500 ,5522 ,5538

24/06/2011 Intraday Trading Ideas

Nifty is having selling pressure at 5330 the next resistance will be 5350 and 5380.
Today nifty is expected to move up to 5355.
In lower side 5250 acts as a good support.


Levels for today
Support 5300 , 5280 , 5250 , 5220
Resistance 5330 , 5350 , 5380 , 5400

23/06/2011 Intraday Trading Ideas

Nifty will make a definitive move only after breaking 5330 or 5250 any of these levels, until that consolidating mode will prevail.Nifty is expected to consolidate for today also.

The maximum upside expected is only upto 5380 and there is less possibility for the nifty to go above 5400 before this expiry.
In downside the first support is at 5250 and when it breaks 5195 the next support will be at 5150.
The short term target will be of 4900.


Levels for Today
Support 5266 , 5250 , 5230 ,5195

Resistance 5296 , 5314 , 5330 , 5350

22/06/2011 Intraday Trading Ideas

Nifty is having resistance at 5330 and the next resistance comes at 5370. It will find support at 5257 and 5235.Nifty will be consolidating for some more time before making any further movement.

Levels for Today
Support 5257 , 5235 , 5210 , 5195
Resistance 5300 , 5330 ,5350 ,5370

Short BPCL at 625 with stop loss of 631 for the target of 607

21/06/2011 Intraday Trading Ideas

Now Resistance for nifty will be at 5330 and 5370 and it will find support at 5177.

For some days nifty will be consolidating , and there is less possibility for nifty to go above 5400 before this expiry.

Levels for today
Support 5245 , 5230 , 5215 , 5195

Resistance 5274 , 5294 , 5310 ,5327

20/06/2011 Intraday Trading Ideas

Nifty now will face resistance at 5420and 5470 and when it breaks 5328 the next target will be 5255.
For today we can expect a slight up move from 5350.
Levels for today

Support 5350 , 5328 , 5316 ,5300
Resistance 5381 , 5400 ,5420

Short M&M at 655 with stop loss of 666 for the target of 630
Short VIJAYABANK at 69.8 with stop loss of 71.1 for the target of 67 ,65

17/06/2011 Intraday Trading Ideas

Now Nifty will get support at 5350 a pull back is expected from here.

Levels for today
Support 5374 , 5360 , 5350
Resistance 5410 , 5425 , 5440 , 5454

Short Axisbank at 1229 with stop loss of 1239 for the target of 1205

16/06/2011 Intraday Trading Ideas

Today Nifty will make a decisive move as the monetary policy announcement is there. Probability is more on the downside .when it breaks 5400 it will reach 5350.

Levels for today
Support 5424 , 5401 , 5387 , 5350
Resistance 5461 , 5477 , 5493 ,5508

15/06/2011 Trading Views

Nifty is testing the patience of every one with out making a decisive move.
Nifty is having resistance at 5520 when breaks 5520 can go upto 5555. In down side when breaks 5475 can test 5420.

Levels for today
Support 5486 , 5475 , 5450 , 5420
Resistance 5520 , 5536 , 5555 , 5570

Short MOSERBAER at 40.8 with stop loss of 41.3 for the target of 38.7

14/06/2011 Intraday Trading Ideas

Nifty today have resistance at 5505 and 5530 it has support at 5460 and 5436.

Levels for today
Support 5460 ,5445 , 5436 , 5420
Resistance 5505 , 5520 , 5530 , 5545

Short MOSERBAER at 40.8 with stop loss of 41.3 for the target of 38.7

13/06/2011 Trading Views

For the past two week Nifty is getting support at 5457 once this level is broken the next support comes at 5350 and it will find resistance at 5600.

Levels for Today

Support 5457 , 5446 , 5421
Resistance 5500 , 5510 , 5525 ,5550


Short ICICIBANK at 1046 with stop loss of 1055 for the target of 1021 , 1012
Short IDFC at 134.5 with stop loss of 136.2 for the target of 130.2
Short JPASSOCIAT at 82.2 with stop loss of 83.1 for the target of 79
Short RELINFRA at 549 with stop loss of 556 for the target of 531

10/06/2011 Intraday Trading Ideas

Nifty again didn't made any move for one more day.
Levels for today

Support 5512 , 5497 , 5483 , 5460
Resistance 5535 , 5550 , 5570 , 5590


Short HDFC at 659 with stop loss of 667 for the target of 645 , 635
Short IDFC at 135.5 with stop loss of 137.3 for the target of 132 ,130
Short SBIN at 2284 with stop loss of 2305 for the target of 2235 , 2210

09/06/2011 Intraday Trading Ideas

Nifty is not making any decisive move for the past 6 trading sessions its moving between 5479-5605 with less volume , it needs some trigger to make a move on either side , one more thing to watch is Reliance if it makes a move above 965 then Nifty can cross 5600.

But the probability for Nifty is more on down side.

Levels for today

Support 5510 ,5494 ,5480 , 5450
Resistance 5542 , 5555 , 5568 , 5590

Short ONGC at 273 with stop loss of 276 for the target of 266
Short JSWSTEEL at 934 with stop loss of 945 for the target of 911 , 893

Stocks to watch Axisbank weak below 1217 , SBIN weak below 2272

08/06/2011 Trading Views

Nifty has resistance at 5580 and 5603 it will find support at 5532 and 5517.
Levels for NIFTY

Support 5532 , 5517 , 5508 , 5493
Resistance 5580 , 5594 , 5603 , 5618.

BUY HCC at 32 with stop loss of 31.2 for the target of 33.7
SHORT HEROHONDA at 1853 with stop loss of 1864 for the target of 1823 , 1812

07/06/2011 Trading Views

Nifty will find resistance at 5555 and 5570 will find support at 5500 and 5469.

Levels for today

Support 5517 , 5500 , 5480 , 5465

Resistance 5555 , 5570 , 5594

Short Axisbank at 1248 with stop loss of 1261 for the target of 1210
Short GAIL at 437 with stop loss of 442 for target of 426 , 421
Short Jpassociat at 84 with stop loss of 85.5 for the target of 80.5

06/06/2011 Trading Views

Nifty will finds support at 5467 and 5440 on breaking this level it will go up to 5350.
It will find resistance at 5555 and 5591 and 5600 act as a major resistance as of now.


Levels for today

Support 5493 , 5480 , 5467 ,5440
Resistance 5540 , 5555 , 5577 , 5591.


Short AXISBANK at 1260 with stop loss of 1276 for the target of 1230 , 1210
Short HINDALCO at 194 with stop loss of 197 for the target of 186

03/06/2011 Intraday Trading ideas

For Nifty as of today there is less possibilty to go above 5600.
Levels for today
Support 5532 , 5521 , 5504 , 5480
Resistance 5568 , 5578 , 5596

02/06/2011 Intraday trading views

Nifty Will face resistance at 5615 one can go short below 5600 with stoploss of 5620 for the target of 5510.

Levels for today

Support 5577 , 5554 , 5525 , 5510
Resistance 5615 , 5629 , 5650