01/10/2012 Trading View

Nifty made a high of 5735 low of 5683 and closed at 5703 which is 53 points up from previous close.

Nifty went above 5720 but it was not able to close above it.

Nifty will find support at 5635 and the resistance comes at 5720 , 5750 on crossing this Nifty can move towards 5900.

28/09/2012 Trading View

Nifty made a high of 5693 low of 5639 and closed at 5649 which is 13 points down from previous close.

Nifty could not stay above 5690 and it declined from there to 5639.

Nifty finds resistance at 5700 and the support comes at 5620.

On breaking of 5620 Nifty will reach 5550.

So any rise up to 5690 can be shorted by keeping 5710 as stop loss for the target of 5550.

27/09/2012 Trading View

Nifty made a high of 5672 low of 5638 and closed at 5663 which is 10 points down from previous close.

Nifty is consolidating for the past three days and its not able to make a decisive move on either side.

On going below 5620 Nifty will go towards 5550. and on going above 5680 Nifty will go towards 5750 and further.

26/09/2012 Trading View

Nifty made a high of 5702 low of 5652 and closed at 5673 which is 4 points up from previous close.

Nifty has consolidated for the second day.

Nifty has the support at 5650 resistance at 5677 .

The channel support comes at 5625 and the channel resistance comes at 5755.

25/09/2012 Trading View

Nifty made a high of 5709 low of 5662 and closed at 5671 which is 19 points down from previous close.

Nifty is taking breathe after a long run now on crossing 5710-5750 it can go towards 5950.

or on going below 5660-5650 it can go towards 5581.
Probability is higher on the upside.

24/09/2012 Trading View

Nifty made a low of 5575 high of 5720 and closed at 5691 which is 136 points up from previous close.

Nifty made a big bull candle and surpassed 5650 now this will act as support.

The resistance comes at 5750 on crossing 5750 Nifty can go towards 5900.

21/09/2012 Trading View

Nifty made a low of 5534 high of 5581 and closed at 5554 which is 45 points down from previous close.

Nifty finds resistance at 5585 and support comes at 5520.

Until holding of 5520 bulls are in safe zone. If it breaks 5520 it will go towards 5450.

In upper side 5650 acts as resistance on breaking this it can go towards 5750 and further.

20/09/2012 Trading View

Nifty made a high of 5620 low of 5586 and closed at 5600 which is 9 points down from previous close.

Nifty is having support at 5585 and finds resistance at 5625.

On breaking 5585 it can move towards 5530 and above 5625 it can move towards 5650 and 5750.


One can buy Nifty around 5590-5610 by keeping stop loss at 5580 for the target of 5750.

18/09/2012 Trading View

Nifty made a low of 5585 high of 5652 and closed at 5610 which is 32 points up from previous close.

Nifty made 52 week high of 5652 and it finds resistance there. It seems its loosing some momentum.

Nifty finds minor support at 5585 .

And on crossing 5652 it can move towards 5750.

17/09/2012 Trading View

Nifty made a low of 5526 high of 5586 and closed at 5577 which is 142 points up from previous close.

Nifty made a gap up open and made a big bull candle.

Now Nifty will move towards 5630. Support comes at 5526.

As Today is RBI monetary policy meet the announcement will decide further move. We can expect lot of volatility today.

14/09/2012 Trading View

Nifty made a low of 5421 high of 5447 and closed at 5435 which is 4 points up from previous close.

Nifty made a doji candle and its loosing the bullish momentum slowly.

Nifty finds support at 5420 ,5390-5330.
Resistance comes at 5450 on crossing this Nifty can go up to  5500.

13/09/2012 Trading View

Nifty made a low of 5393 high of 5435 and closed at 5431 which is 41 points up from previous close.

Nifty has formed bull candle and has surpassed 5400 which is bullish sign.

Now the resistance comes at 5450 on crossing this Nifty can move towards 5500.

Support comes at 5390 and 5330.

12/09/2012 Trading View

Nifty made a low of 5332 high of 5393 and closed at 5390 which is 26 points up from previous close.

Nifty opened gap down and filled the gap and made a good move by making bull candle.

Nifty will find resistance at 5400 on closing basis. or 5435 on intra day basis.

Nifty can be considered shorting by keeping 5435 as stop loss for the target of 5333 , 5300 and further.

Support comes at 5333 and 5300.

11/09/2012 Trading View

Nifty made a low of 5349 high of 5375 and closed at 5363 which is 4 points up from previous close.

Nifty is loosing its bullish  momentum , Its facing resistance between 5375-5400.

One can consider shorting Nifty at rise between 5365-5375 by keeping 5405 as stop loss or below 5347 for the target of 5220.

10/09/2012 Trading View

Nifty made a low of 5343 high of 5366 and closed at 5358 which is 16 points up from previous close.

Nifty has retraced 61.8 % from the previous down move. It can go up to  78.6% which comes at 5398.

This can end any where between 5360-5400.

07/09/2012 Trading View

Nifty made a low of 5217 high of 5260 and closed at 5238 which is 12 points up from previous close.

Nifty made a minor pullback but gave up its gain at last.

Nifty is holding the yesterday's low of 5215 so until that there is no further down move.

Those who have bought Nifty can hold by keeping 5190 as stop loss for the target of 5350 and further.

5280 acts as resistance on crossing above this Nifty will reach 5350.

06/09/2012 Trading View

Nifty made a high of 5259 low of 5215 and closed at 5225 which is 48 points down from previous close.

Nifty filled the gap region and halted there for the day and formed a bear candle.

Nifty will find support at 5190-5215 until holding this level Nifty wont have any further selling.

In the upside Nifty has to cross 5240 and 5280 these are the hurdles on crossing this Nifty can go up to 5350.

05/09/2012 Trading View

Nifty made a low of 5233 high of 5278 and closed at 5274 which is 20 points up from previous close.

Nifty made a come back and good move after making a low of 5233.

Now on moving above 5280 Nifty will move towards 5350 and further.

It will find minor resistance at 5300.

If any dip comes up to 5220 it can be considered buying by keeping 5190 as stop loss.

04/09/2012 Trading View

Nifty made a high of 5295 low of 5243 and closed at 5253 which is 4 points down from previous close.


On coming below 5238 Nifty is expected to fill the gap of 5220.

Nifty is expected to take support at 5220-5200. So if Nifty comes to this place Nifty can be bought by keeping 5190 as stop loss for the target of 5300 , 5350 and further.

Those who are risk takers can Buy Nifty at current level between 5238-5250 by keeping stop loss at 5190 for the target of 5350 and further.

03/09/2012 Trading View

Nifty made a high of 5303 low of 5238 and closed at 5258 which is 56 points down from previous close.

Nifty formed a bear candle and filled half of the gap between 5260-5220.

On coming below 5238 Nifty is expected to fill the gap of 5220.

Nifty is expected to take support at 5220-5200. So if Nifty comes to this place Nifty can be bought by keeping 5190 as stop loss for the target of 5300 , 5350 and further.

Those who are risk takers can Buy Nifty at current level between 5238-5250 by keeping stop loss at 5190 for the target of 5350 and further.