29/06/2012 Trading View

Nifty made a low of 5125 high of 5159 and closed at 5149 which is 7 points up from previous close.

Still Nifty is facing tug of war between bulls and bears so its not able to make any decisive move

Nifty finds support at 5090 and resistance at 5170-5200.

A move below 5090 can take Nifty towards 5040 , 4950 and further and a move above 5200 can take Nifty towards 5300 and further.

A trend will be formed in one or two days as of now the trend is up only until holding of 5090 so one can considered buying above this level by keeping 5070 as stop loss for the target of 5170 and further.

28/06/2012 Trading view

Nifty made a low of 5129 high of 5160 and closed at 5141 which is 21 points up from previous close.

Nifty is having strong resistance at 5090 so any dip up to this can be considered for buying by keeping 5070 as stop loss for the target of 5200 and further.

Nifty faces resistance at 5200 on crossing this it can go towards 5300 and further.

27/06/2012 Trading View

Nifty made a low of 5095 high of 5134 and closed at 5120 which is 6 points up from previous close.

A fight between bulls and bear is not allowing Nifty to make any decisive move.

Nifty is finding good support at 5090 , so one can consider buying Nifty above this level by keeping 5070 as stop loss for the target of 5140,5190 and further.

26/06/2012 Trading View

Nifty made a high of 5194 low of 5105 and closed at 5114 which is 31 points down from previous close.

Nifty found resistance at 5194 to make further up move Nifty has to break this level.

Nifty is having support at 5090 so one can consider buying above this by keeping 5070 as stop loss for the target of 5140 , 5190 and further.

25/06/2012 Trading view

Nifty made a low of 5094 high of 5159 and closed at 5146 which is 18 points down from previous close.

Nifty has struck in between the range of 5030-5170.

Only on breaking of any of this level will take the Nifty further.

On breaking of 5030 will take Nifty to 4950 and further and On breaking above 5170-5190 will take Nifty towards 5300.

22/06/2012 Trading View

Nifty made a low of 5093 high of 5170 and closed at 5165 which is 44 points up from previous close .

Nifty has made a good move in the second half.

Nifty will find resistance at 5200 on breaking this Nifty can go up to 5300.

Nifty will find support in between the area of 5070-5030 on breaking it can go to 4980 and further.

21/06/2012 Trading view

Nifty made a low of 5100 high of 5141 and closed at 5120 which is 16 points up from previous close

Nifty is not making a decisive move it got struck in between 5070-5140 so any further move has to break any of this.

On breaking below 5070 it can go to 5030 , 4950 and further.

On Breaking above 5140 it can go up to 5190 , 5300 and further.

The trend is expected in downside so one can short Nifty below 5140 with stop loss of 5180 for the target of 5070 and 5030.

20/06/2012 Trading View

Nifty made a low of 5048 high of 5113 and closed at 5103 which is 39 points up from previous close.

Nifty is making up and down move on alternate days.

Nifty is making move in between 5040-5190 a move above or below this only will change the market direction until that it will be moving in this range only .

A move above 5190 will take the market to 5300 and a move below 5040 will take the Nifty towards 4950 and further.

19/07/2012 Trading View

Nifty made a high of 5190 low of 5041 and closed at 5064 which is 74 points down from previous close.

Nifty has formed a bearish engulfing candle which is a bearish reversal pattern

Any rise in Nifty can be used for shorting up to 5140

Nifty will find support at 5030-4995

Nifty can be shorted below 5100 by keeping 5140 as stop loss for the target of 5030.

18/06/2012 Trading View

Nifty made a low of 5069 high of 5146 and closed at 5139 which is 84 points up from previous close.

Nifty has come to the resistance zone of 5170-5200 on crossing this zone it can go up to 5380.

Nifty will find support at 5070 .

As today is RBI monetary policy announcement day it will be the trend deciding day and lot of volatility will be there so trade cautiously with strict stop loss.

15/06/2012 Trading View

Nifty made a high of 5130 low of 5047 and closed at 5054 which is 66 points down from previous close

Nifty made a bear candle and was not able to go above 5130 until its not able to move above 5130 it will be in down side only

This down side move will take Nifty towards 5010 , 4980 , 4950 and further.

14/06/2012 Trading View

Nifty made a low of 5095 high of 5144 and closed at 5121 which is 5 points up from previous close

Nifty is not making any decisive move on either side both bulls and bears are struggling

If Nifty moves above 5150 it can go to 5200 and 5300

In down side if it goes to 5090 it can go to 5030 ,4980 and further.

13/06/2012 Trading View

Nifty made a low of 5015 high of 5128 and closed at 5115 which is 61 points up from previous close.

Nifty came to the resistance level and its struggling to go above that 5130-5140 will be the resistance zone

The support comes at 4980.

12/06/2012 Trading View

Nifty made a high of 5124 low of 5040 and closed at 5054 which is 14 points down from previous close.

Nifty opened gap up and made a high of 5124 but it could not sustain over there it gave all its gain and came to the negative territory

Nifty finds support at 4980 so if it comes around 5000-5020 it can be bought with stop loss of 4980 for the target of 5100.

Nifty faces resistance at 5110 .

11/06/2012 Trading View

Nifty made a low of 4994 high of 5084 and closed at 5068 which is 18 points up from previous close

Nifty will find support at 5050 and 5000

Nifty has crossed 5060 now it can go up to 5160 which is the resistance level.

08/06/2012 Trading View

Nifty made a low of 5007 high of 5059 and closed at 5049 which is 52 points up from previous close.

Nifty will find support at 5020

The resistance comes at 5070-5110

Nifty can be considered buying above 5020 by keeping 4980 as stop loss for the target of 5070 , 5100 and further.

07/06/2012 Trading View

Nifty made a low of 4886 high of 5010 and closed at 4997 which is 133 points up from previous close.

Nifty finds resistance at 5025 on breaking of this it can go up to 5100.

Nifty finds support at 4950.

06/06/2012 Trading View

Nifty made a high of 4898 low of 4847 and closed at 4863 which is 15 points up from previous close.

Nifty finds resistance at 4900 and 4950 , the trend will change to bullish only above 5050 until that the trend is down side only.

In the down side a close below 4800 is needed to go further until that Nifty will be in between 4800-4950 only.

05/06/2012 Trading View

Nifty made a low of 4770 high of 4858 and closed at 4848 which is 6 points up from previous close

Nifty has recovered well from the low of 4770 and came up to 4858

Nifty can be shorted at this level between 4850-4870 by keeping 4890 as stop loss for the target of 4800 and further.

04/06/2012 Trading View

Nifty made a high of 4925 low of 4831 and closed at 4841 which is 82 points down from previous close.

Nifty will find support in between 4800-4788 on breaking of this it can go towards 4680 and 4600

In the upper side Nifty will face resistance at 4950 and for the trend to get reversed it should go above 5050 until that the downward journey will continue.

One can consider shorting Nifty below 4800 by keeping 4840 as stop loss for the target of 4700 and further.