Nifty made a low of 4906 high of 5034 and closed at 5015 which is 69 points up from previous close.
Nifty got the support and gradually it started rising crossed the psychological mark 5000 and went up to the resistance of 5034 and closed near the high.
For today if the Nifty crosses 5030 then it can reach 5110. So one can consider buying Nifty from 4990-5015 with stop loss of 4970 for the target of 5100.
Thursday, September 29, 2011
Wednesday, September 28, 2011
29/09/2011 Trading View
Nifty made a high of 5006 low of 4918 and closed at 4945 which is 25 points down from the previous close.
Nifty opened above 5000 level but could not sustain above that gradually came down.
Nifty's range comes with in 4905-5030 break on either side will take Nifty towards that side.
Break of 4905 can take Nifty to 4868 and break of 5030 can take towards 5110.
As today is FNO settlement more volatility will be there so trade with strict stop loss.
Buy AshokLeyland at 26.2 with stop loss of 25.5 for the target of 28
Nifty opened above 5000 level but could not sustain above that gradually came down.
Nifty's range comes with in 4905-5030 break on either side will take Nifty towards that side.
Break of 4905 can take Nifty to 4868 and break of 5030 can take towards 5110.
As today is FNO settlement more volatility will be there so trade with strict stop loss.
Buy AshokLeyland at 26.2 with stop loss of 25.5 for the target of 28
Tuesday, September 27, 2011
28/09/2011 Trading View
Nifty made a low of 4905 high of 4982 and closed at 4971 which is 135 points up from previous close.
Nifty made a gap up open it made a gap between 4868 and 4905 now this will act as a support.
In upper side 5030 will act as a resistance on a strong closing above this can take the Nifty towards 5110.
Until its holding 4868 bulls will be intact.
Nifty made a gap up open it made a gap between 4868 and 4905 now this will act as a support.
In upper side 5030 will act as a resistance on a strong closing above this can take the Nifty towards 5110.
Until its holding 4868 bulls will be intact.
Monday, September 26, 2011
27/09/2011 Trading View
Nifty made a high of 4879 from there it loosed it ground to make a low of 4758 from there it gave a good pullback move to lose at 4835 which is 32 points down from previous close.
Nifty gave a good pullback move but when it came down in the last 40 mins is not convincing for bulls.
This pullback move can take the Nifty near by 4930 and in downside 4820 will act as a support until 4820 is not broken on closing basis bulls will be intact .
Nifty gave a good pullback move but when it came down in the last 40 mins is not convincing for bulls.
This pullback move can take the Nifty near by 4930 and in downside 4820 will act as a support until 4820 is not broken on closing basis bulls will be intact .
Sunday, September 25, 2011
26/09/2011 Trading Views
Nifty for the day made a high of 4930 low of 4829 and closed for the day at 4867 which is 55 points down from previous close.
Nifty made double top at 5170 and broke 4930 this gives the price target for the Nifty to 4690.
If Nifty comes to 4900 level it can be shorted with stop loss of 4940 for the target of 4800 and 4700.
Nifty made double top at 5170 and broke 4930 this gives the price target for the Nifty to 4690.
If Nifty comes to 4900 level it can be shorted with stop loss of 4940 for the target of 4800 and 4700.
Thursday, September 22, 2011
23/09/2011 Trading Views
Nifty for the day made a high of 5059 from there it came down to make a low of 4907 and closed at 4923 which is 209 points down from previous close.
Nifty will face resistance at 4967 and 5000. 4900 will act as a support once it goes below on closing basis then there will be more fall it will reach 4700 in short time.
Be cautious below 4900 Nifty will get tumbled.
Nifty will face resistance at 4967 and 5000. 4900 will act as a support once it goes below on closing basis then there will be more fall it will reach 4700 in short time.
Be cautious below 4900 Nifty will get tumbled.
Wednesday, September 21, 2011
22/09/2011 Trading Views
Nifty for the day made a high of 5168 low of 5109 and closed at 5133 which is 7 points down from previous close.
Nifty will be facing resistance between 5170-5230 on clearing this it will take Nifty towards 5330. Support comes at 5110 and 5070.
As FOMC meeting takes place today the move will be based on the statement only.
Sell JPASSOCIATE at 75 with stop loss of 76 for the target of 72
Nifty will be facing resistance between 5170-5230 on clearing this it will take Nifty towards 5330. Support comes at 5110 and 5070.
As FOMC meeting takes place today the move will be based on the statement only.
Sell JPASSOCIATE at 75 with stop loss of 76 for the target of 72
Tuesday, September 20, 2011
21/09/2011 Trading Views
Nifty for the day made a low of 5035 it never turned back it made a high of 5149 and closed at 5140 near the high which is 108 points up from the previous close.
Nifty will now face resistance between 5170-5230 which is the crucial level this make or break will be decided by FOMC statement which is scheduled tomorrow until that there is less possibility of breaking 5200 level.
Now the immediate support comes at 5110 and 5070.
Nifty will now face resistance between 5170-5230 which is the crucial level this make or break will be decided by FOMC statement which is scheduled tomorrow until that there is less possibility of breaking 5200 level.
Now the immediate support comes at 5110 and 5070.
Monday, September 19, 2011
20/09/2011 Trading Views
Nifty for the day made a high of 5068 low of 5019 and closed at 5031 which is 52 points down from previous close.
Nifty will find support at 5000 so one can initiate buying Nifty above 5000 with stop loss of 4980 for the target of 5090 , 5120 and 5160
BUY DLF between 200-203 with stop loss of 197 for the target of 211 and 220
Nifty will find support at 5000 so one can initiate buying Nifty above 5000 with stop loss of 4980 for the target of 5090 , 5120 and 5160
BUY DLF between 200-203 with stop loss of 197 for the target of 211 and 220
Sunday, September 18, 2011
19/09/2011 Trading Views
Nifty for the day made a high of 5143 and low of 5068 and closed at 5084 which is 8 points up from the previous close.
Nifty is Trading between the range of 4911 and 5170 the next move will be made only on breach of these levels.
The area between 5150 - 5200 will act as a hurdle for Nifty to clear if it crosses 5200 it can go up to 5330 but the possibilities are less.
In down side 5000 and 4900 will act as a good support on breaking this it will take Nifty towards 5720.
Short term trend : Mixed
Medium term Trend : Bearish
Short BHEL at 1688-1695 with stop loss of 1705 for the target of 1660
Nifty is Trading between the range of 4911 and 5170 the next move will be made only on breach of these levels.
The area between 5150 - 5200 will act as a hurdle for Nifty to clear if it crosses 5200 it can go up to 5330 but the possibilities are less.
In down side 5000 and 4900 will act as a good support on breaking this it will take Nifty towards 5720.
Short term trend : Mixed
Medium term Trend : Bearish
Short BHEL at 1688-1695 with stop loss of 1705 for the target of 1660
Wednesday, September 14, 2011
15/09/2011 Trading Views
Nifty for the day made a low of 4917 from there it started its upward journey to make a high of 5026 and closed at 5012 which is 72 points up from previous day.
Nifty will be facing resistance at 5040 , 5070 and 5110 , 4900 provides good support the next comes at 4840 .
As monetary policy announcement will give more volatility trade with strict stop losses. Once it goes below 4900 the fall will be drastic.
As i will be travelling tomorrow i will not be able to post tomorrow that's 16/09/2011's Trading View
Nifty will be facing resistance at 5040 , 5070 and 5110 , 4900 provides good support the next comes at 4840 .
As monetary policy announcement will give more volatility trade with strict stop losses. Once it goes below 4900 the fall will be drastic.
As i will be travelling tomorrow i will not be able to post tomorrow that's 16/09/2011's Trading View
Tuesday, September 13, 2011
14/09/2011 Trading Views
Nifty made a gap up open to make a high of 5030 it could not sustain there and made a low of 4911 and closed at 4940 which is 5 points down from previous close.
Nifty is not able to move any decisive move on either side it will make the decisive move only after the RBI policy announcement.
Still that the upper side 5200 is open and in down side 4900 and 4840 will provide good support.
As of now one can consider going long around 4915-4930 by keeping 4885 as stop loss for the target of 4995 , 5030 and 5070
Nifty is not able to move any decisive move on either side it will make the decisive move only after the RBI policy announcement.
Still that the upper side 5200 is open and in down side 4900 and 4840 will provide good support.
As of now one can consider going long around 4915-4930 by keeping 4885 as stop loss for the target of 4995 , 5030 and 5070
Monday, September 12, 2011
13/09/2011 Trading views
Nifty made a gap down open and made a high of 4985 low of 4911 and closed for the day at 4946.8 which is 112 points down from previous closing.
A Pull back move is expected today.
As 4900 will be holding for time being one can consider buying Nifty above 4900 and keep stop loss at 4885 for the target of 4994 , 5070 and 5110.
A Pull back move is expected today.
As 4900 will be holding for time being one can consider buying Nifty above 4900 and keep stop loss at 4885 for the target of 4994 , 5070 and 5110.
Sunday, September 11, 2011
12/09/2011 Trading Views
Nifty for the day made a high of 5163.75 from there the profit booking
started and came down to make a low of 5046 and closed at 5059 which
is 93 points down from previous close.
It formed a bearish engulfying pattern which sets the bearish tone of
the market but its needs a continuation to confirm it 5035 , 5000 and
4950 will be the support. if it breaks the 4950 then we can see 4700
level soon.
5110 will be the resistance.
As this week we are having the monetary poilcy announcement this will
decide the markets tone.
Short ABAN between 400-405 with stop loss of 412 for the target of 380
Short CAIRN 287-290 with stop loss of 295 for the target of 272
Short IDFC at 114-117 with stop loss of 120 for the target of 108
started and came down to make a low of 5046 and closed at 5059 which
is 93 points down from previous close.
It formed a bearish engulfying pattern which sets the bearish tone of
the market but its needs a continuation to confirm it 5035 , 5000 and
4950 will be the support. if it breaks the 4950 then we can see 4700
level soon.
5110 will be the resistance.
As this week we are having the monetary poilcy announcement this will
decide the markets tone.
Short ABAN between 400-405 with stop loss of 412 for the target of 380
Short CAIRN 287-290 with stop loss of 295 for the target of 272
Short IDFC at 114-117 with stop loss of 120 for the target of 108
Thursday, September 8, 2011
09/09/2011 Trading views
09/09/2011 Trading views
Nifty opened firm and came down to make a low of 5098 from there it started raising in the second half to make a high of 5169 and closed for the day at 5153 which is 28 points down from the previous close.
Nifty has reached the selling zone 5170-5200.So one can consider shorting Nifty at this level by keeping 5240 as stop loss for the target of 5105 , 5075 and 5035.
Short DLF between 207-210 with stop loss of 212 for the target of 200 and 194
Short VARUN between 275-278 with stop loss of 282 for the target of 268 and 262
Nifty opened firm and came down to make a low of 5098 from there it started raising in the second half to make a high of 5169 and closed for the day at 5153 which is 28 points down from the previous close.
Nifty has reached the selling zone 5170-5200.So one can consider shorting Nifty at this level by keeping 5240 as stop loss for the target of 5105 , 5075 and 5035.
Short DLF between 207-210 with stop loss of 212 for the target of 200 and 194
Short VARUN between 275-278 with stop loss of 282 for the target of 268 and 262
Wednesday, September 7, 2011
08/09/2011 Trading views
Nifty made a low of 5076.3 and high of 5154.5 and closed at 5123which is 59 points up from previous close.
Nifty will face resistance between 5177 to 5230 if it crosses it can go upto 5330. Nifty will have support at 5110 and 5070.
Nifty will be making only range bound move between 4950-5230 for time being in the coming days , so go for stock specific.
Buy JETAIRWAYS between 295-303 with stop loss of 289 for the target of 321 and 330.
Buy PETRONETLNG between 172- 174 with stop loss of 168 for the target of 179 and 183
Nifty will face resistance between 5177 to 5230 if it crosses it can go upto 5330. Nifty will have support at 5110 and 5070.
Nifty will be making only range bound move between 4950-5230 for time being in the coming days , so go for stock specific.
Buy JETAIRWAYS between 295-303 with stop loss of 289 for the target of 321 and 330.
Buy PETRONETLNG between 172- 174 with stop loss of 168 for the target of 179 and 183
Tuesday, September 6, 2011
07/09/2011 Trading view
Nifty for the day made a low of 4942 from there it recoved well to make a high of 5072 and closed near by the high at 5064 which is 47 points up from the previous close.
Now Nifty is in resistance zone of 5070-5110.As Nifty will be making rangebound moves concentrating on stock specific will earn good returns.
4950 provides good support any dip near by this level can be used for buying opportunity by keeping 4930 as stoploss
The move which made today will make the bulls comfortable for the time being until 5177.
Buy CENTRALBANK at 99 with stop loss of 97 for the target of 104 and 108
Buy BGRENERGY between 328 - 330 with stop loss of 321 for the target of 350 and 360
Now Nifty is in resistance zone of 5070-5110.As Nifty will be making rangebound moves concentrating on stock specific will earn good returns.
4950 provides good support any dip near by this level can be used for buying opportunity by keeping 4930 as stoploss
The move which made today will make the bulls comfortable for the time being until 5177.
Buy CENTRALBANK at 99 with stop loss of 97 for the target of 104 and 108
Buy BGRENERGY between 328 - 330 with stop loss of 321 for the target of 350 and 360
Monday, September 5, 2011
06/09/2011 view of Nifty
Nifty for the day made a high of 5030 and low of 4964 and closed at 5017 which is 22 points down from previous close.
As there is Tug of war between bulls and bear nifty wont be moving much so can go for individual stocks.
Nifty will be facing resistance at 5070 and 5110 the support comes at 4950.
One can initiate short Nifty between 5060-5040 with stop loss of 5080 for the target of 4960.
As there is Tug of war between bulls and bear nifty wont be moving much so can go for individual stocks.
Nifty will be facing resistance at 5070 and 5110 the support comes at 4950.
One can initiate short Nifty between 5060-5040 with stop loss of 5080 for the target of 4960.
Saturday, September 3, 2011
05/09/2011 Trading Views
Nifty for the day made a high of 5113 low of 4993 and closed at 5040
which is 39 points up from the previous closing . The Nifty was not
able to go above 5070 again.
The range between 5070 and 5110 will be the selling zone beyond this
Nifty can go up to 5200.
one can initiate shorting nifty between 5090-5110 with stop loss of
5140 for the target of 5000 and 4950.
4950 will act as a support 4830 will be the main support.
The trend of the market is bearish.
Thursday, September 1, 2011
02/09/2011 Trading Views
Nifty for the day made a high of 5016 and low of 4927 and closed at 5001 which is 81 points up from previous close.
Nifty will face resistance at 5073 and 5110 and 5200 the minor support is at 4930 and important support to watch is 4840.
Today's trend of the market is mixed. Medium term trend is bearish.
Nifty will face resistance at 5073 and 5110 and 5200 the minor support is at 4930 and important support to watch is 4840.
Today's trend of the market is mixed. Medium term trend is bearish.
Subscribe to:
Posts (Atom)