25/10/2013 Trading View

25/10/2013 Trading View

Nifty made a high of 6252 low of 6142 and closed at 6164 which is 14 points down from previous close.

Nifty will face resistance at 6225 , 6260 and 6330.

The support comes at 6110 and 6000.

24/10/2013 Trading View

24/10/2013 Trading View

Nifty made a high of 6217 low of 6116 and closed at 6178 which is 24 points down from previous close.

Nifty will find resistance at 6225 and 6330.

The support comes at 6110 and 6000.

23/10/2013 Trading View

23/10/2013 Trading View

Nifty made a high of 6220 low of 6181 which is 6202 which is 2 points down from previous close.

Nifty will fNifty will find support at 6110 and 6050.

The resistance comes at 6225 and 6330.ind support at 6110 and 6050.

The resistance comes at 6225 and 6330.

22/10/2013 Trading View

22/10/2013 Trading View

Nifty made a high of 5218low of 6163 and closed at 6204 which is 15 points up from previous close.

Nifty will find support at 6110 and 6050.

The resistance comes at 6225 and 6330.

18/10/2013 Trading View

18/10/2013 Trading View

Nifty made a high of 6110 low of 6032 and closed at 6045 which is 43 points down from previous close.

Nifty will find resistance at 6110 and 6220.

The support comes at 6000 , 5950 and 5825.

15/10/2013 Trading View

15/10/2013 Trading View

Nifty made a low of 6082 high of 6124 and closed at 6112 which is 16 points up from previous close.

Nifty will find support at 6100 and 6000.

The resistance comes at 6225 and 6330.

11/10/2013 Trading View

11/10/2013 Trading View

Nifty made a low of 5979 high of 6033 and closed at 6020 which is 13 points up from previous close.

Nifty will find support at 5950 and 5820.

The resistance comes at 6110 and 6220.

Today INFY result is there which will decide the market movement.

10/10/2013 Trading View

10/10/2013 Trading View

Nifty made a low of 5877 high of 6015 and closed at 6007 which is 79 points up from previous close.

Nifty made a good rally and surpassed the 6000 psychological level.

The support comes at 5950 and 5825.

The resistance comes at 6110 and 6220.

09/10/2013 Trading View

09/10/2013 Trading View

Nifty made a high of 5981 low of 5913 and closed at 5928 which is 22 points up from previous close.

Nifty will find resistance at 5950 , 6000 and 6110.

The support comes at 5820 , 5750 and 5600.

08/10/2013 Trading View

08/10/2013 Trading View

Nifty made a low of 5825 high of 5912 and closed at 5906 which is 1 point down from previous close.

Nifty took support at our support level 5820 and made a good recovery of 80 points from there to close flat .

The support comes at 5820 and 5750.

The resistance comes at 5950 , 6000 and 6110.

07/10/2013 Trading View

07/10/2013 Trading View

Nifty closed at 5907 for the week.

Nifty will find resistance at 5950 , 6000 and 6110.

The support comes at 5820 and 5750.

04/10/2013 Trading View

04/10/2013 Trading View

Nifty made a low of 5802 high of 5917 and closed at 5909 which is 129 points up from previous close.

Nifty will find resistance at 5950 , 6000 and 6110.

The support comes at 5820 and 5750.

03/10/2013 Trading View

03/10/2013 Trading View

Nifty made a high of 5786 low of 5700 and closed at 5780 which is 44 points up from previous close.

Nifty will find resistance at 5820 and 5950.

The support comes at 5650 and 5550.

01/10/2013 Trading View

01/10/2013 Trading View

Nifty made a high of 5810 low of 5718 and closed at 5735 which is 97 points down from previous close.

Nifty will find resistance at 5820 and 5950.

The support comes at 5680 and 5550.

30/09/2013 Trading View

30/09/2013 Trading View

Nifty closed at 5833 for the week.

The support comes at 5825 and 5750.

The resistance comes at 5950 , 6000 and 6110.

27/09/2013 Trading View

27/09/2013 Trading View

Nifty made a high of 5917 low of 5864 and closed at 5882 which is 8 points up from previous close.

Nifty will find support at 5825 and 5750.

The resistance comes at 5950 ,6000 and 6125.

26/09/2013 Trading View

26/09/2013 Trading View

Nifty made a high of 5910 low of 5811 and closed at 5873  which is 18 points down from previous close.

Nifty will find support at 5825 and 5750.

The resistance comes at 5950 , 6000 and 6110.

25/09/2013 Trading View

25/09/2013 Trading View

Nifty made high of 5938 low of 5854 and closed at 5892 which is 2 points high from previous close.

Nifty will find resistance at 5950 , 6000 and 6125.

The support comes at 5825 and 5750.

25/09/2013 Trading View

25/09/2013 Trading View

Nifty made a high of 5989 low of 5871 and closed at 5889 which is 122 points down from previous level.

Nifty is not able to sustain at higher levels.

The resistance comes at 6000 , 6125.

The support comes at 5825 and 5750.

23/09/2013 Trading View

23/09/2013 Trading View

Nifty closed at 6012 for the week.

Nifty will find resistance at 6130 and 6225.

The support comes at 5950 , 5825 and 5750.

19/09/2013 Trading View

19/09/2013 Trading View

Nifty made a low of 5840 high of 5916 which is 49 points up from previous close.

Nifty will find support at 5825 and 5750.

The resistance comes at 5950 , 6000 and 6110.

18/09/2013 Trading View

18/09/2013 Trading View

Nifty made a low of 5804 high of 5857 and closed at 5850 which is 9 points up from previous close.

Nifty will find support at 5750 and 5650.

The resistance comes at 5950 , 6000 and 6110.

17/09/2013 Trading View

17/09/2013 Trading View

Nifty made a low of 5798 high of 5957 and closed at 5840 which is 10 points down from previous close.

Nifty found resistance at 5960 , and the further resistance comes at 6000 and 6110.

The support comes at 5825 , 5750 and 5625.

13/09/2013 Trading View

13/09/2013 Trading View

Nifty made a high of 5932 low of 5815 and closed at 5850 which is 62 points down from previous close.

Nifty is having resistance at 5950 , 6000 and 6110.

The support comes at 5825 and 5750.

12/09/2013 Trading View

12/09/2013 Trading View

Nifty made a low of 5832 high of 5924 and closed at 5913 which is 16 points up from previous close.

Nifty is having support at 5825 and 5750.

The resistance comes at 5950 . 6000 and 6110.

11/09/2013 Trading View

11/09/2013 Trading View

Nifty made a low of 5738 high of 5904 and closed at 5896 which is 216 points up from previous close.

Nifty made a tremendous move .

Now the resistance comes at 5950 , 6000 and 6110.

The support comes at 5850 and 5750.

09/10/2013 Trading View

09/10/2013 Trading View

Nifty closed at 5680 for the week.

Nifty will find resistance at 5750 and 5825.

The support comes at 5620 , 5550 and 5425.

06/09/2013 Trading View

06/09/2013 Trading View

Nifty made a low of 5552 high of 5625 and closed at 5592 which is 144 points up from previous close.

Nifty moved exactly up to our specified level.

The support comes at 5550 ,  5425 and 5350.

The resistance comes at 5625 , 5700 and 5750.

05/09/2013 Trading View

05/09/2013 Trading View

Nifty made a low of 5318 high of 5460 and closed at 5448 which is 106 points up from previous close.

Nifty is highly volatile day by day.

Nifty will find support at 5425 and 5315.

The resistance comes at 5500 , 5550 and 5625.

04/09/2013 Trading View

04/09/2013 Trading View

Nifty made a high of 5580 low of 5323 and closed at 5341 which is 209 points down from previous close.

Market is falling heavily day by day .

Now the resistance comes at 5370 and 5425.

The support comes at 5225 and 5110.

03/09/2013 Trading View

03/09/2013 Trading View

Nifty made a low of 5478 high of 5564 and closed at 5550 which is 78 points up from previous close.


Nifty closed exactly at our resistance of 5550.

Nifty will find resistance at 5620 and 5700.

The support comes at 5475 and 5420.

30/08/2013 Trading View

30/08/2013 Trading View

Nifty made a low of 5303 high of 5428 and closed at 5409 which is 124 points up from previous close.

Nifty made a good move on the expiry day.

This august month Nifty had nearly 500 points on closing basis.

Nifty will find resistance at 5430 and 5500.

The support comes at 5350 , 5300 and 5225.

29/08/2013 Trading View

29/08/2013 Trading View

Nifty made a low of 5118 high of 5317 and closed at 5285 which is 2 points down from previous close.

Nifty came down up to our support area of 5110 and bounced back sharply.

The support comes at 5225 , 5110 and 5050.

The resistance comes at 5350 and 5425.

As today is F&O settlement we can expect lot of volatility.

28/08/2013 Trading View

28/08/2013 Trading View

Nifty made a high of 5427 low of 5274 and closed at 5287 which is 189 points down from previous close.

Nifty fall drastically .

The support area comes between 5225-5250 and below this 5110.

The resistance comes at 5350 and 5425.

27/08/2013 Trading View

27/08/2013 Trading View

Nifty made a low of 5454 high of 5528 and closed at 5576 which is 4 points up from previous close.

Nifty will find resistance in between 5550-5570 and 5625.

The support comes at 5425 and 5350.

26/08/2013 Trading View

26/08/2013 Trading View


Nifty closed at 5471 for the week.

This week we have expiry so we can expect volatility in this week also.

Nifty will fine resistance at 5550.

The support comes at 5425 and 5350.

23/08/2013 Trading View

23/08/2013 Trading View

Nifty made a low of 5254 high of 5418 and closed at 5408 which is 105 points up from previous close.

Nifty is making wild movements nowadays. 100 points movements has become very easy for Nifty these days.

The support comes at 5350 and 5250.

The resistance comes at 5425 and 5500.

22/08/2013 Trading View

22/08/2013 Trading View

Nifty made a high of 5504 low of 5268 and closed at 5302 which is 98 points down.

Nifty is falling continuously .

Nifty made a up move in the first half but unable to cross the resistance of 5500 and it fall from there and broke 5300 , some how it managed to close above 5300.

Nifty will find support at 5260 and 5220.
The resistance comes at 5425.

21/08/2013 Trading View

21/08/2013 Trading View

Nifty made a low of 5306 high of 5417 and closed at 5401 which is 13 points down from previous close.

Nifty will find support at 5300 and 5225.

The resistance comes at 5450 and 5500.

20/08/2013 Trading View

20/08/2013 Trading View

Nifty made a high of 5499 low of 5360 and closed at 5414 which is 93 points down from previous close.

Nifty is falling drastically.

The support comes at 5350 and 5250.

The resistance comes at 5425 and 5500. 

19/08/2013 Trading View

19/08/2013 Trading View

Nifty closed at 5507 for the week.

Nifty had  a biggest fall on Friday which was the biggest fall in the last 2 years.

Nifty will find support at 5486 , 5440 and 5400.

The resistance comes at 5550 and 5625.

16/08/2013 Trading View

16/08/2013 Trading View

Nifty made a low of 5690 high of 5754 and closed at 5742 which is 43 points up from previous close.

Nifty found resistance at 5750 the next resistance comes at 5825.

The support comes at 5690 and 5650.

14/08/2013 Trading View

14/08/2013 Trading View

Nifty made a low of 5578 high of 5704 and closed at 5699 which is 86 points up from previous close.

Nifty is continuously raising for the third day after a series of fall.

Nifty will find resistance  at 5750 and 5825.

The support comes at 5644 and 5550.

13/08/2013 Trading View

13/08/2013 Trading View

Nifty made a low of 5557 high of 5644 and closed at 5612 which is 46 points up from previous close.

Nifty has raised second day after a series of down move.

Nifty will find support at 5550 and 5486.

The resistance comes at 5650 and 5750.

12/08/2012 Trading View

12/08/2012 Trading View

Nifty closed at 5565 for the week.

Nifty has raised after a series of days.

Nifty will find support at 5486 below this it will go towards 5450.

Any ris above 5590 will take Nifty towards 5650 and 5750.

08/08/2013 Trading View

08/08/2013 Trading View

Nifty made a high of 5561 low of 5486 and closed at 5519 which is 23 points down from previous close.

Now the support comes at 5470 and the next support comes only at 5350.

The resistance comes at 5570 and 5650.

07/08/2013 Trading View

07/08/2013 Trading View

Nifty made a high of 5664 low of 5521 and closed at 5544 which is 140 points down from previous close.

Nifty has opened below 5675 and fall from there towards 5550 and it broke that also.

Now the support comes at 5470 and the next support comes only at 5350.

The resistance comes at 5570 and 5650.

06/08/2013 Trading View

06/08/2013 Trading View

Nifty made a high of 5721 low of 5661 and closed at 5685 which is 7 points up from previous close.

Nifty needs closing below 5675 for moving down further.

If its not closing below 5675 then there is possibility for Nifty to go towards 5750 and 5800.

In down side gap area is at 5630-5588 and 5550 is also a good support.

05/08/2013 Trading View

05/08/2013 Trading View

Nifty closed at 5677 for the week.

Nifty needs closing below 5675 for moving down further.

If its not closing below 5675 then there is possibility for Nifty to go towards 5750 and 5800.

In down side gap area is at 5630-5588 and 5550 is also a good support.

02/08/2013 Trading View

02/08/2013 Trading View

Nifty made a high of 5808 low of 5676 and closed at 5727 which is 14 points down from previous close.

Nifty is having good support at 5675.

The resistance comes at 5825-5850 and 5900.

On breaking 5675 it will go towards 5600.

01/08/2013 Trading View

01/08/2013 Trading View

Nifty made a low of 5675 high of 5752 and closed at 5742 which is 13 points down from previous close.

Nifty made a down move today also but it recovered some how up to the resistance of 5750.

Now the Next resistance comes at 5825 and 5880.

The support comes at 5675 and 5600.

31/07/2013 Trading View

31/07/2013 Trading View

Nifty made a high of 5861 low of 5747 and closed at 5755 which is 76 points down from previous close.

Nifty is exactly at the support of 5750 on going below 5730 it will go towards 5600.

The resistance comes at 5825.

30/07/2013 Trading View

30/07/2013 Trading View

Nifty made a high of 5886 low of 5825  and closed at 5831 which is 54 points down from previous close.

Nifty took support exactly at our 5825 support area.

Today we have RBI policy which will decide the market move.

The support comes at 5750 below this it will go towards 5600.
The resistance comes at 5880 and 5950.

29/07/2013 Trading View

29/07/2013 Trading View

Nifty made a high of 5944 low of 5869 and closed at 5886 which is 21 points down from previous close.

Nifty will find support at 5825 and 5750.

The resistance comes at 5950.

On Tuesday we have RBI monetary policy review which will decide the further market movement.

26/07/2013 Trading view

26/07/2013 Trading view

Nifty made a high of 5990 low of 5896 and closed at 5907 which is 83 points down from previous close.

Nifty took support at 5900 level 5880 which remains strong support as 200 DMA and 61.8 % retracement of the last rise this will be a good support .

On the upper side 5950-5970 acts as resistance on breaking this it will go towards 6000 and 6066.

On breaking 5880 it will go towards 5825 and 5750.

25/07/2013 Trading View

25/07/2013 Trading View

Nifty made a high of 6047 low of 5962 and closed at 5990 which is 87 points down from previous close.

Nifty opened gap down and went near the support of 5950 and bounced back for the close of 5990.

Nifty will find support at 5950 and 5900.

Nifty will find resistance at 6000 , 6070 and 6130.

As today is F&O Expiry we can expect lot of volatility.

24/07/2013 Trading View

24/07/2013 Trading View

Nifty made a low of 6061 high of 6093 and closed at 6077 which is 46 points up from previous close.

Now the support comes at 6060 and 6000.

The resistance comes at 6130 on crossing this it will go towards 6225.

23/07/2013 Trading View

23/07/2013 Trading View

Nifty made a low of 6004 high of 6064 and closed at 6031 which is 2 points up from previous close.

Today Nifty took support and resistance as per our yesterday's blog level.

Nifty will find resistance at 6066 on crossing this it will go towards 6130  on crossing this it will gotowards 6225.

Nifty will find support at 6000 and 5950.

22/07/2013 Trading View

22/07/2013 Trading View

Nifty closed at 6029 for the week.

Nifty will find resistance at 6066 on crossing this it will go towards 6130  on crossing this it will gotowards 6225.

Nifty will find support at 6000 and 5950.

18/07/2013 Trading View

18/07/2013 Trading View

Nifty made a high of 5989 low of 5926 and  closed at 5973 which is 18 points up from previous close.

Nifty has closed the yesterday's gap.

Now the resistance comes at 6000 and 6055.

The support comes at 5900. on going below this the support comes at 5825 and 5750.

17/07/2013 Trading View

17/07/2013 Trading View

Nifty made a low of 5910 high of 5966 and closed at 5955 which is 75 points down from previous close.

Nifty made a gap down open. Still gap exist between 5966-5980. which will act as resistance for time being. On crossing this it will go towards 6055.

The support comes at 5900. on going below this the support comes at 5825 and 5750.

16/07/2013 Trading View

16/07/2013 Trading View

Nifty made a low of 5980 high of 6038 and closed at 6030 which is 21 points up from previous close.

Nifty will find support at 5936 and the resistance comes at 6055.

On crossing 6055 it will go towards 6136.

The major support comes at 5760.

15/07/2013 Trading View

15/07/2013 Trading View

Nifty closed at 6009 for the week.

Nifty will find support at 5936 and the resistance comes at 6055.

On crossing 6055 it will go towards 6136.

The major support comes at 5760.

12/07/2013 Trading View

12/07/2013 Trading View

Nifty made a low of 5887 high of 5948 and closed at 5935 which is 118 points up from previous close.

Nifty made a gap up opening and crossed the resistance of 5905 and went up to our resistance of 5950.

Now Nifty will find resistance between 5950-5970 on crossing this it will go towards 6000.

The support comes at 5888 and 5820.

11/07/2013 Trading View

11/07/2013 Trading View

Nifty made a high of 5879 low of 5802 and closed at 5816 which is 42 points down from previous close.

Nifty is consolidating in between 5760 and 5905.

Only a break on any of this side the market will move.

Mostly Nifty is expected to break on down side.
On the down side it will find support at 5750 and 5700.

The resistance comes at 5900 and 5950.

10/07/2013 Trading View

10/07/2013 Trading View

Nifty made a high of 5864 low of 5834 and closed at 5859 which is 47 points up from previous close.

Nifty is consolidating in between 5760 and 5905.

Only a break on any of this side the market will move.

Mostly Nifty is expected to break on down side.
On the down side it will find support at 5750 and 5700.

The resistance comes at 5900 and 5950.

09/07/2013 Trading View

09/07/2013 Trading View

Nifty made a low of 5775 high of 5833 and closed at 5811 which is 56 points down from previous close.

Nifty is consolidating in between 5760 and 5905.

Only a break on any of this side the market will move.

Mostly Nifty is expected to break on down side.
On the down side it will find support at 5750 and 5700.

The resistance comes at 5900 and 5950.

08/07/2013 Trading View

08/07/2013 Trading View

Nifty closed at 5867 for the week.

Nifty has formed another gap at 5848-5857 it will find support in the area upto 5825 on going below it will go towards 5750.

The resistance comes at 5900 and 5950.

05/07/2013 Trading View

05/07/2013 Trading View

Nifty made a low of 5786 high of 5848 and closed at 5836 which is 66 points up from previous close.

Nifty got resisted at 5852 which was the gap area  on crossing 5860 it will go towards 5904 and 5950.

On the down side it will find support at 5750 and 5700.

04/07/2013 Trading View

04/07/2013 Trading View

Nifty made a high of 5815 low of 5760 and closed at 5770 which is 86 points down from previous close.

Nifty fall from the inside bar candle.

Now the resistance comes at 5825.

The support is at 5750 on breaking this it will go towards 5660.

03/07/2013 Trading View

03/07/2013 Trading View

Nifty made a high of 5898 low of 5852 and closed at 5857 which is 41 points down from previous close.

Nifty made a inside bar candle.

The resistance is at 5904 on crossing it will go towards 5934-5950.

The support comes at 5822.

Nifty has completed 50% retracement of the previous fall we have to wait here for the trend confirmation.

02/07/2013 Trading View

02/07/2013 Trading View

Nifty made a low of 5822 high of 5904 and closed at 5898 which is 56 points up from previous close.

Nifty will find resistance at 5950-5970

The support comes at 5822.

01/07/2013 Trading View

01/07/2013 Trading View

Nifty closed at 5842 for the week.

Nifty will face resistance at 5950 and the support comes at 5750.

The strong support comes at 5550.

For few days Nifty is expected to consolidate with in few points before making any further big move.

28/06/2013 Trading View

28/06/2013 Trading View

Nifty made a low of 5630 high of 5699 and closed at 5682 which is 93 points up from previous close.

Nifty has closed exactly at the resistance of 5683.

Nifty will find resistance at 5750.
The support comes at 5630.

27/06/2013 Trading View

27/06/2013 Trading View

Nifty made a high of 5635  low of 5579 and closed at 5588 which is 20 points down from previous close.

Nifty has made a insider bar candle which suggest that any move above 5670 or move below 5566 there will be a drastic move.

As today is expiry day we can expect lot of volatility.

A move below 5550 will take Nifty towards 5470 .

26/06/2013 Trading View

26/06/2013 Trading View

Nifty made a low of 5570 high of 5666 and closed at 5609 which is 18 points up from previous close.

Nifty will find resistance at 5683 and 5750.

The support comes at 5550-5563 on breaking this Nifty will go towards 5470.

25/06/2013 Trading View

25/06/2013 Trading View

Nifty made a high of 5640 low of 5566 and closed at 5590 which is 77 points down from previous close.

Nifty has almost reached our target of 5550.

Those who have short positions can start booking profit as the Nifty is  falling continuously we can expect a pullback move at any time.

The resistance is at 5683 and the support is at 5550.

If Nifty breaks 5550 it will move towards 5470.

24/06/2013 Trading View

24/06/2013 Trading View

Nifty closed at 5667 for the week.

Nifty find resistance at 5750 and the support comes at 5550.

21/06/2013 Trading View

21/06/2013 Trading View

Nifty made a high of 5755 low of 5645 and closed at 5655 which is 166 points down from previous close.

Nifty will find support at 5550
The resistance comes at 5683 , 5730 and 5770.

A mild pullback is expected from here.

Fresh shorting is not advisable at this level.

20/06/2013 Trading View

20/06/2013 Trading View

Nifty made a low of 5777 high of 5828 and closed at 5822 which is 8 points up from previous close.

Nifty is having trendline resistance at 5870 area and bearish candle formation is there if unable to cross 5870 the trend will be down.

Support comes at 5770 on breaking this there is a gap of 5739-5729 it will find minor resistance here the it will go towards 5680 on breaking this it will go to 5550.

19/06/2013 Trading View

19/06/2013 Trading View

Nifty made a high of 5863 low of 5804 and closed at 5813 which is 36 points down from previous close.

Nifty has formed a bearish candle. The support comes at 5770 and the resistance comes at 5880.

On breaking 5770 it will go towards 5680 and 5550.

18/06/2013 Trading View

18/06/2013 Trading View

Nifty mad a low of 5770 high of 5854 and closed at 5850 which is 41 points up from previous close.

Nifty took support at 5770 and its in between 50 & 200 DMA.

The support comes at 5750-5770 and the resistance comes at 5890 and 5950.

The trend is seems to be down trend.

17/06/2013 Trading View

17/06/2013 Trading View

Nifty closed at 5808 for the week which is just above the 200 DMA.

Tomorrow we have RBI monetary policy announcement which will decide the market's next move.

The resistance comes at 5890 and 5950.

The support comes at 5750 and 5680. On breaking this it will go towards 5550.

14/06/2013 Trading View

14/06/2013 Trading View

Nifty made a high of 5729 low of 5683 and closed at 5699 which is 61 points down from previous close.

Nifty will find resistance at 5770.

Any rise up to here can be considered shorting by keeping 5805 as stop loss for the target of 5650 , 5550.

13/06/2013 Trading View

13/06/2013 Trading View

Nifty made a high of 5792 low of 5738 and closed at 5760 which is 28 points down from previous close.

Nifty has achieved our target of 5770.

Now a close below 5750 will take Nifty towards 5550.

The resistance comes at 5825 and 5950.

12/06/2013 Trading View

12/06/2013 Trading View

Nifty made a high of 5868 low of 5780 and closed at 5788 which is 89 points down from previous close.

Nifty has almost reached our target of 5770 only 10 points remaining.

We have captured this move from 6000.

Nifty will find support at 5750 on breaking this it will go towards 5550.

The resistance comes at 5825 and 5950.

11/06/2013 Trading View

11/06/2013 Trading View

Nifty made a high of 5931 low of 5857 and closed at 5878 which is 3 points down from previous close.

Nifty is not able to rise and on any rise its loosing its strength.

Now on breaking 5868 it will go towards 5770. and further.

Any rise can be considered shorting up to 5970.

10/06/2013 Trading View

10/06/2013 Trading View

Nifty closed at 5881 for the week.

Nifty is not able to rise and on any rise its loosing its strength.

Now on breaking 5868 it will go towards 5770. and further.

Any rise can be considered shorting up to 5970.

07/06/2013 Trading View

07/06/2013 Trading View

Nifty made a low of 5869 high of 5956 and closed at 5921 which is 2 points down from previous close.

As said any rise in Nifty can be considered shorting and the Nifty closing is below 5930 it will go towards 5770 and further.

06/06/2013 Trading View

06/06/2013 Trading View

Nifty made a high of 5935 low of 5883 and closed at 5923 which is 4 points up from previous close.

Nifty exactly came to our resistance of 5930.

Any rise can be considered shorting for the target of 5770.

05/06/2013 Trading View

05/06/2013 Trading View

Nifty made a high of 5981 low of 5910 and closed at 5919 which is 19 points down from previous close.

As the Nifty has closed below 5930 it seems it will fall further towards 5770.

Any rise up to 5980 can be shorted by keeping 6010 as stop loss for the target of 5850 and 5770.

04/06/2013 Trading View

04/06/2013 Trading View

Nifty made a high of 6011 low of 5916 and closed at 5939 which is 46 points down from previous close.

As said in yesterday's post a close below 5930 is needed to drag the Nifty down further.
As the trend is down any rise can be considered for shorting.
A mild pullback is expected from here which will go towards 6000.

Nifty will find support at 5935. A close below 5930 will drag the Nifty further 200 points down.

The resistance comes at 6070 and 6135.

03/06/2013 Trading View

03/06/2013 Trading View

Nifty closed at 5985 for the week.

Nifty will find support at 5935. A close below 5930 will drag the Nifty further 200 points down.

The resistance comes at 6070 and 6135.

31/05/2013 Trading View

31/05/2013 Trading View

Nifty made a low of 6072 high of 6133 and closed at 6124 which is 19 points up from previous close.


Nifty is having support at 6065 and resistance between 6125-6150.

On crossing 6150 it will go towards 6230.

Mostly Nifty is looking bullish.

30/05/2013 Trading View

30/05/2013 Trading View

Nifty made a low of 6069 high of 6125 and closed at 6104 which is 6 points down from previous close.

Nifty is having support at 6065 and resistance between 6125-6150.

On crossing 6150 it will go towards 6230.

29/05/2013 Trading View

29/05/2013 Trading View

Nifty made a low of 6055 high of 6127 and closed at 6111 which is 28 points up from previous close.

Nifty found support at 6055 as of now it will remain as support which is 20 DMA.

On crossing 6150 it will go towards 6230.

28/05/2013 Trading View

28/05/2013 Trading View

Nifty made a low of 5975 high of 6099 and closed at 6083 which is 99 points up from previous close.

Nifty formed a pinbar in the support area which is a positive sign for the market.

Now Nifty will move towards 6150 .

The support comes at 5940.

On crossing 6150 it will go towards 6230.

27/05/2013 Trading View

27/05/2013 Trading View

Nifty closed at 5983 for the week.

Nifty has corrected near by 38.2% of the move.

The support comes between 5920-5950 on taking support in this area it will go towards 6050.

If it breaks this zone it will move towards 5850.

There is high probability of taking support between 5920-5950. 

24/05/2013 Trading View

24/05/2013 Trading View

Nifty made a high of 6081 low of 5951 and closed at 5967 which is 127 points down from previous close.

Nifty has closed below 5970 which will further take Nifty towards 5850.

The resistance is at 6000 rise up to here can be shorted by keeping 6020 as stop loss for the target of 5950 , 5900 and 5850.

23/05/2013 Trading View

23/05/2013 Trading View

Nifty made a high of 6147 low of 6074 and closed at 6094 which is 19 points down from previous close.

The resistance comes at 6150 and the support comes at 6000.

Any rise up to 6140 can be shorted by keeping 6155 as stop loss for the target of 6060 and 6010.

22/05/2013 Trading View

22/05/2013 Trading View

Nifty made a high of 6180 low of 6102 and closed at 6114 which is 42 points down from previous close.

Nifty support area at 6146-6100 and the resistance at 6229.

On breaking 6100 it will go towards 6000. And on breaking 6230 it will go towards 6300.

21/05/2013 Trading View

21/05/2013 Trading View

Nifty made a high of 6229 low of 6146 and closed at 6156 which is 30 points down from previous close.

Nifty support area at 6146-6110 and the resistance at 6229.

On breaking 6110 it will go towards 6000. And on breaking 6230 it will go towards 6300.

20/05/2013 Trading View

20/05/2013 Trading View

Nifty closed at 6172 for the week.

Nifty will find  support between 6110-6130 and the resistance comes between 6200-6220.

On crosses 6220 it will move towards 6330.

If it goes below 6110 it will go towards 6000.

So if Nifty comes near 6120 it can be considered buying by keeping 6090 as stop loss for the target of 6200 and further.

17/05/2013 Trading View

17/05/2013 Trading View

Nifty made a low of 6128 high of 6187 and closed at 6169 which is 23 points up from previous close.

Nifty will find support at 6110 and it will go towards 6200.

If Nifty comes near 6120 it can be considered buying by keeping 6090 as stop loss for the target of 6200 and further.

16/05/2013 Trading View

16/05/2013 Trading View

Nifty made a low of 6018 high of 6157 and closed at 6145 which is 151 points up from previous close.

As said on yesterday's post if Nifty crosses 6030 it will go towards 6110 it attained the target today itself.

Now Nifty will find support at 6110 .

If Nifty comes near 6120 it can be considered buying bu keeping 6090 as stop loss for the target of 6200 and further.

15/05/2013 Trading View

15/05/2013 Trading View

Nifty made a low of 5970 high of 6026 and closed at 5995 which is 14 points up from previous close.

Nifty took support at 5970 and the resistance comes at 6030.

On crossing 6030 it will go towards 6110.

5930-5970 acts as support area on breaking this it will go towards 5850.

14/05/2013 Trading View

14/05/2013 Trading View

Nifty made a high of 6104 low of 5972 and closed at 5980 which is 126 points down from previous close.

Nifty took support exactly at our level 5970.

Now the area between 5930-5970 remains as support and the resistance comes at 6115.

On breaking or 5930 it will go towards 5850.

13/05/2013 Trading View

13/05/2013 Trading View

Nifty closed at 6107 for the week.

Nifty has come to the crucial level .we have to see whether its going to cross 6120 or not .

On crossing 6120 it will go towards 6170 and ton crossing this it will go towards 6300.

The support comes at 6000 and 5970.

10/05/2013 Trading View

10/05/2013 Trading View

Nifty made a high of 6084 low of 6040 and closed at 6050 which is 19 points down from previous close.

Nifty will find resistance at 6110 and support at 5970.

On crossing 6110 it will go towards 6200  and on going below it will go towards 5920 and to 5850.

09/05/2013 Trading View

09/05/2013 Trading View

Nifty made a low of 6024 high of 6083 and closed at 6069 which is 25 points up from previous close.

Nifty will find support at 5970 .

Now Nifty will find resistance at 6110.

On crossing this it will go towards 6200.

08/05/2013 Trading View

08/05/2013 Trading View

Nifty made a low of 5982 high of 6050 and closed at 6043 which is 72 points up from previous close.

Nifty made a good move it will move towards 6100 and the support comes at 5930.

07/05/2013 Trading view

07/05/2013 Trading view

Nifty made a high of 5976 low of 5928 and closed at 5971 which is 27 points up from previous close.

Nifty is holding the 5930 level until holding this level we can see a rise towards 6020.

But on breaking 5910-5930 it will go towards 5750.

06/05/2013 Trading View

06/05/2013 Trading View

Nifty closed at 5944 for the week.

Nifty closed below the support level of 5960.

Now it will find resistance at 5960-5970 level so it it comes near this it can be shorted by keeping 6005 as stop loss for the target of 5860.

03/05/2013 Trading View

03/05/2013 Trading View

Nifty made a low of 5910 high of 6019 and closed at 5999 which is 69 points up from previous close.

Nifty has passed the 5968 level today  Now it will act as support .

As today is the RBI monetary policy announcement it will decide the further trend.

Nifty will find resistance at 6070 and 6110.

02/05/2013 Trading View

02/05/2013 Trading View

Nifty made a high of 5962 low of 5867 and closed at 5930 which is 26 points up from previous close.

As we discussed yesterday Nifty found resistance exactly at our resistance .


Nifty will find resistance at 5967 and the support comes at 5850. This area will be crossed at the RBI monetary policy announcement which is scheduled on Friday.

On breaking 5820-5850 it will go towards 5750.

30/04/2013 Trading View

30/04/2013 Trading View

Nifty made a high of 5918 low of 5868 and closed at 5904 which is 32 points up from previous close.

Nifty will find resistance at 5967 and the support comes at 5850.

On breaking 5820-5850 it will go towards 5750.

29/04/2013 Trading View

29/04/2013 Trading View

Nifty closed at 5871 for the week.

Nifty made a inside bar candle .

Nifty will find resistance at 5967 and the support comes at 5850.

Any dip can be considered for buying.

As we have monetary policy announcement on Friday

26/04/2013 Trading View

26/04/2013 Trading View

Nifty made a low of 5853 high of 5924 and closed at 5916 which is 79 points up from previous close.

As we said on crossing 5850 Nifty will go towards 5950. it went there.

As Nifty's premium is less for the may month contract we can expect a fall till 5850.

And on crossing 5950 it can go towards 6100.

RBI monetary policy is getting announced next week.

25/04/2013 Trading View

25/04/2013 Trading View

Nifty made a low of 5791 high of 5844 and closed at 5836 which is 2 point sup from previous close.

As today is F&O settlement we can expect a lot of volatility today.

Nifty will find resistance at 5850 on breaking this Nifty will go towards 5950.

The support comes at 5750.

23/04/2013 Trading View

23/04/2013 Trading View

Nifty made a low of 5789 high of 5844 and closed at 5834 which is 51 points up from previous close.

Nifty will find resistance at 5860 on crossing this it can go towards 5950.

The support comes at 5750.

22/04/2013 Trading View

22/04/2013 Trading View

Nifty closed at 5783 for the week .

Nifty moved 254 points for this week which is highest move in this year.

Now Nifty will move towards 5850 and the support comes at 5750.

18/04/2013 Trading View

18/04/2013 Trading View

Nifty made a high of 5732 low of 5669 and closed at 5691 which is 2 points up from previous close.

Now the resistance for Nifty comes at 5750 and the support comes at 5650.

Any move near by 5750-5770 can be considered shorting by keeping 5805 as stop loss for the target of 5650.

17/04/2013 Trading View

17/04/2013 Trading View

Nifty made a low of 5555 high of 5699 and closed at 5688 which is 120 points up from previous close.

Nifty made a spectacular move and closed above 200DMA .

Now the resistance for Nifty comes at 5750 and the support comes at 5650.

Any move near by 5750-5770 can be considered shorting by keeping 5805 as stop loss for the target of 5650.

16/04/2013 Trading View

16/04/2013 Trading View

Nifty made a low of 5500 high of 5592 and closed at 5568 which is 39 points up from previous close.

The resistance comes at 5650 and the support comes at 5450.

On breaking of 5440 we can expect a steep fall till 5222.

As the overall sentiment is bearish any rise can be considered for shorting.

15/04/2013 Trading View

15/04/2013 Trading View

Nifty closed at 5528 for the week.

The resistance comes at 5650 and the support comes at 5450.

On breaking of 5440 we can expect a steep fall till 5222.

As the overall sentiment is bearish any rise can be considered for shorting.

12/04/2013 Trading View

12/04/2013 Trading View

Nifty made a low of 5542 high of 5610 and closed at 5594 which is 35 points up from previous close.

Nifty can go towards 5640-5670 in the upside and below 5570 it will go towards 5500.

11/04/2013 Trading View

11/04/2013 Trading View

Nifty made a low of 5477 high of 5569 and closed at 5558 which is 63 points up from previous close.

As said in yesterday's blog
Any rise up to 5550 can be considered shorting by keeping 5575 as stop loss for the target of 5550 , 5450 and further.

On crossing 5575 it will go towards 5650.

10/04/2013 Trading View

10/04/2013 Trading View

Nifty made a high of 5603 low of 5487 and closed at 5495 which is 47 points down from previous close.

Nifty gave back all its gain and broke 5500 level.

Now Nifty will move towards 5450 and further.

Any rise up to 5550 can be considered shorting by keeping 5575 as stop loss for the target of 5550 , 5450 and further.

09/04/2013 Trading View

09/04/2013 Trading View

Nifty made a high of 5569 low of 5537 and closed at 5542 which is 10 points down from previous close.

Nifty has slow down the falling .

Now on going above 5580 it will go towards 5640.

Nifty will find support at 5530.

08/04/2013 Trading View

08/04/2013 Trading View

Nifty closed at 5553 for the week.

Nifty has fall 558 points from the peak made.

Now on breaking 5530 it will go towards 5450.

The resistance comes at 5615.

05/04/2013 Trading View

05/04/2013 Trading View

Nifty made a high of 5644 low of 5565 and closed at 5574 which is 98 points down from previous close.

Our target of 5550 has reached nearly the low made today is 5565.

Nifty is expected to take support near 5550. and a pullback is expected from here which can take near 5740.

On breaking of 5540 it will go towards 5450.

04/04/2013 Trading View

04/04/2013 Trading View

Nifty made a high of 5744 low of 5650 and closed at 5672 which is 75 points down from previous close.

Nifty gave up all the gains in the second half .

Now Nifty will find support between 5600-5640 and the resistance comes at 5720 and 5750.

As per the 02/04/2013 dated blog those who have shorted could have earned 100 points .

03/04/2013 Trading View

03/04/2013 Trading View

Nifty made a low of 5687 high of 5754 and closed at 5748 which is 43 points up from previous close.

Nifty will find resistance at 5790 and the support comes at 5722.

02/04/2013 Trading View

02/04/2013 Trading View
Nifty made a low of 5675 high of 5720 and closed at 5704 which is 21 points up from previous close.

Nifty will face resistance at 5750.

Any move up to here can be considered for shorting by keeping 5760 as stop loss for the target of 5630 and on breaking 5600 it will go towards 5550.

01/04/2013 Trading View

01/04/2013 Trading View

Nifty closed at 5682 for the week.

Nifty will face resistance at 5750.

Any move up to here can be considered for shorting by keeping 5760 as stop loss for the target of 5630 and on breaking 5600 it will go towards 5550.

28/03/2013 Trading View

Nifty made a high of 5655 low of 5612 and closed at 5641 which is 7 points up from previous close.

As today is F&O settlement we can expect lot of volatility

Nifty will find resistance at 5660 and 5750..

On breaking of 5610 it will go towards 5550.

26/03/2013 Trading View

26/03/2013 Trading View

Nifty made a high of 5718 low of 5624 and closed at 5633 which is 17 points down from previous close.

Nifty was not able to with stand at higher levels and it gave up the gains in the second half.

The resistance comes at 5750.

On breaking 5630 it will go towards 5550.

25/03/2013 Trading View

25/03/2013 Trading View

Nifty made a high of 5691 low of 5631 and closed at 5651 for the week.

Nifty closed near the support level a mild pullback can be expected from here.

The resistance comes at 5750.

On breaking 5630 it will go towards 5550.
As this week F&O settlement is there we can expect lot of volatality.

22/03/2013 Trading View

22/03/2013 Trading View

Nifty made a high of 5757 low of 5647 and closed at 5658 which is 35 points down from previous close.

Nifty made a 100 points move it will find support at 5640 and 5600.

In upper side it will find resistance at 5750.

21/03/2013 Trading View

21/03/2013 Trading View

Nifty made a high of 5745 low of 5682 and closed at 5694 which is 51 points down from previous close.

Nifty has come to the crucial stage the 200 DMA comes at 5600.

The support comes at 5650 a reversal may be expected from here which can go towards 5800.

So any down move between 5660-5670 can be considered buying by keeping stop loss of 5650 for the target of 5800 and further.

20/03/2013 Trading View

20/03/2013 Trading View

Nifty made a high of 5863 low of 5724 and closed at 5745 which is 89 points down from previous close.

Nifty made a big bear candle now it will find resistance at 5780 .

The support comes at 5680.

On crossing 5780 it will go towards 5900.

19/03/2013 Trading View

19/03/2013 Trading View

Nifty made a high of 5850 low of 5814 and closed at 5835 which is 37 points down from previous close.

Today is RBI Monetary policy meet so we can expect lot of volatility.

Below 5814 it will go towards 5700 and above 5880 it will go towards 6000. Trade with strict stop losses.

18/03/2013 Trading View

18/03/2013 Trading View

Nifty closed at 5872 for the week.

Nifty has support between 5820-5850 and the resistance comes at 5950.

As the monetary policy meet is scheduled tomorrow it will be trading with in this range only tomorrow after announcing it will break on either side.

14/03/2013 Trading View

14/03/2013 Trading View

Nifty made a high of 5893 low of 5842 and closed at 5851 which is 62 points down from previous close.

Nifty has reached our target we have gained 100 points in two days.

Now Nifty will find support at 5820 on breaking this it will go towards 5750.

The resistance will come at 5890.

13/03/2013 Trading View

13/03/2013 Trading View

Nifty made a high of 5952 low of 5893 and closed at 5905 which is 36 points down from previous close.

Nifty has turned towards downside as we discussed yesterday.

Those who have shorted as per yesterday's post can hold it for the target of 5860.

Low risk trader's can book partial profit here.

12/03/2013 Trading View

12/03/2013 Trading View

Nifty made a high of 5971 low of 5930 and closed at 5942 which is 3 points down from previous close.

Nifty turned from the level of 5970 as we said yesterday.

Now it will move towards 5850. It can be shorted at 5940 -5970 by keeping 5975 as stop loss for the target of 5860.

11/03/2013 Trading View

Nifty closed at 5945 for the week .

Nifty will be facing resistance between 5950 - 5970  and in the down side it will find support at 5880.

08/03/2013 Trading View

Nifty made a low of 5801 high of 5878 and closed at 5863 which is 44 points up from previous close.

Nifty has surpassed 5820 level now it will act as support .

If it comes near 5820 it can be considered buying by keeping 5780 as stop loss for the target of 5940.

07/03/2013 Trading View

Nifty made a low of 5795 high of 5828 and closed at 5818 which is 34 points up from previous close.

We need to cross 5820 on closing basis to move further.

On crossing above this it will go towards 5950.

In down side it finds support at 5780 and 5750.

06/03/2013 Trading View

Nifty made a low of 5722 high of 5790 and closed at 5784 which is 84 points up from previous close.

Nifty will find resistance at 5820 and the support comes at 5750.

On crossing 5820 it will go towards 5900.

05/03/2013 Trading View

Nifty made a high of 5712 low of 5663 and closed at 5698 which is 21 points down from previous close.


Nifty is having support at 5660 the resistance comes at 5750.

On breaking of 5750 goes towards 5820. on breaking of 5671 will go towards 5555.

04/03/2013 Trading View

Nifty closed at 5719 for the week.

Nifty is having support at 5671 the resistance comes at 5750.

On breaking of 5750 goes towards 5820. on breaking of 5671 will go towards 5555.

01/03/2013 Trading View

Nifty made a high of 5849 low of 5671 and closed at 5693 which is 103 points down from previous close.

Nifty made a huge sell off.

The support for Nifty comes at 5550 and the resistance comes at 5750.

28/02/2013 Trading View

Nifty made a low of 5749 high of 5818 and closed at 5796 which is 35 points up from previous close.

Nifty made a inside bar candle which is in decisive.

As today is Budget day we can expect a lot of volatility.

On breaking of 5750 it will go towards 5555 and in upside breaking of 5820 will go towards 5970 and further.

As today is expiry day we can consider buying 5900 CE and 5700 PE both will cost Rs20 hold it till end the risk is only Rs 20 .

27/02/2013 Trading View

Nifty made a high of 5838 low of 5748 and closed at 5761 which is 93 points down from previous close.

Nifty had a huge sell off after breaking 5820 level.

As tomorrow is the Budget session we can have a lot of volatility.

The support comes at 5550 and the resistance comes at 5820.

26/02/2013 Trading View

Nifty made a high of 5878 low of 5825 and closed at 5854 which is 4 points up  from previous close.

Nifty is having support at 5820 and the resistance comes at 5950.

This either side will be broken after the budget announcement only until that it will be wavering with in this range.

25/02/2013 Trading View

Nifty closed at 5850 for the week .

This week we have the Budget announcement and F&O expiry so there will be lot of volatility.

Nifty is having support at 5820 and the resistance comes at 5950.

This either side will be broken after the budget announcement only until that it will be wavering with in this range.

22/02/2013 Trading View

Nifty made a high of 5921 low of 5844 and closed at 5852 which is 90 points down from previous close.

Nifty made a gap down open due to global cues and came down.

Nifty is having good support at 5840-5820 . The resistance comes at 5880 and 5950.

One can consider buying by keeping 5815 as stop loss at 5840-5850 level for the target of 5900 and further.

21/02/2013 Trading View

Nifty made a low of 5937 high of 5971 and closed at 5943 which is 3 points up from previous close.

As said Nifty found resistance at 5970 if it crosses it can go towards 6020.

The support comes at 5880 until not breaking of 5880 there is a chance for going up to 6020.

20/02/2013 Trading View

Nifty made a low of 5883 high of 5947 and closed at 5939 which is 41 points up from previous close.

As we said Nifty is having resistance at 5950 it exactly came up to 5947 for the day for today if it opened above 5970 it can go towards 6000.

Now th support comes at 5880.

19/02/2013 Trading View

Nifty made a low of 5878 high of 5911 and closed at 5898 which is 10 points up from previous close.

Nifty will find support at 5870.

Nifty is having a good support at 5823. which was not broken in the past two months.

Nifty is having resistance at 5950. and 6000. Any rise up to here can be considered shorting by keeping 6030 as stop loss for the target of 5900 , 5880.

18/02/2013 Trading View

Nifty closed at 5887 for the week.

Nifty made a low of 5853 and bounced back from there at the closing.

Nifty is having a good support at 5823. which was not broken in the past two months.

Nifty is having resistance at 5950. and 6000. Any rise up to here can be considered shorting by keeping 6030 as stop loss for the target of 5900 , 5880.

On Breaking 5820 it can go towards 5700.

15/02/2013 Trading View
Nifty made a high of 5940 low of 5884 and closed at 5896 which is 36 points down from previous close.

Nifty is having support at 5870 until holding this level Nifty will move towards 5950 and 6000.

On breaking 5840 it will go towards 5700.

14/02/2013 Trading View

Nifty made a low of 5922 high of 5969 and closed at 5932 which is 10 points up from previous close.

Nifty has started next up leg which will have support at 5870 which will move towards 5950 , 6000 and 6030.

13/02/2013 Trading View

Nifty made a low of 5886 high of 5927 and closed at 5922 which is 24 points up from previous close.

Nifty made a bullish engulfing candle.

Nifty has started next up leg which will have support at 5870 which will move towards 5950 , 6000 and 6030.

12/02/2013 Trading View
Nifty made a low of 5879 high of 5924 and closed at 5897 which is 5 points down from previous close.

Nifty is taking support at 5880 level .
Any rise up to 5955 can be considered shorting by keeping 6005 as stop loss for the target of 5850 and further.

11/02/2013 Trading View
Nifty closed at 5903 for the week.

Nifty will find support at 5840 and the resistance comes at 5950.

Any rise up to 5955 can be considered shorting by keeping 6005 as stop loss for the target of 5850 and further.

08/02/2013 Trading View

Nifty made a high of 5978 low of 5927 and closed at 5938 which is 20 points down from previous close.

Nifty comes to the crucial stage make or break situation.

It comes to the trend line support formed from the low of 4770 which provided support for the past 3 times.

We have to see whether it will provide support again . But other Indices are suggesting that it will break the trend line.

The resistance comes at 5950 , 6000 . On going below 5900 it will go towards 5840.

Any rise up to 6000 can be considered shorting.

07/02/2013 Trading View
Nifty made a low of 5953 high of 5990 and closed at 5959 which is 2 points up from previous close.

The support for Nifty comes at 5940 on breaking this it can go towards 5840.

Nifty will find resistance at 6000 and 6040 any rise up to this level can be considered shorting by keeping 6050 as stop loss for the target of 5950 , 5900 , 5840 and further.

06/02/2013 Trading View

Nifty made a high of 5970 low of 5946 and closed at 5956 which is 30 points down from previous close.

Nifty opened gap down and was not able to go above 5970 so this will act as a resistance.

Nifty is holding the 5940 support level on breaking  this Nifty will go towards 5840.

In the upside Nifty will find resistance at 6000 , 6040 and 6080.

05/02/2013 Trading View

Nifty made a high of 6038 low of 5981 and closed at 5987 which is 11 points down from previous close.

Nifty is having support at 5940 on breaking this Nifty will move towards 5840.

The resistance comes at 6040. any move up to here can be considered shorting by keeping 6060 as stop loss for the target of 5950 and further.

04/02/2013 Trading View
Nifty closed at 5998 for the week.
Nifty will find resistance at 6030 , 6060 and 6110
Nifty will find support at 5940 , The breaking of 5940 will take the Nifty towards 5840.

Any rise in Nifty can be considered shorting.

01/02/2013 Trading View

Nifty made a high of 6058 low of 6025 and closed at 6034 which is 21 points down from previous close.

Nifty was ranging between 5990-6110 for the past 13 trading sessions as the settlement was over it will start moving in a direction.

The resistance comes at 6110 and the support comes at 5990.

On crossing 6110 it can go towards 6200 and on crossing 5990 it will go towards 5990.

31/01/2013 Trading View

Nifty made a high of 6071 low of 6044 and closed at 6055 which is 5 points up from previous close.

As today is expiry there will be lot of volatility so trade cautiously.

Nifty is having resistance at 6110 and support at 5990.

If it crosses 6110 it will go towards 6200 and going below 5990 will go towards 5900.

30/01/2013 Trading View

Nifty made a high of 6111 low of 6042 and closed at 6049 which is 24 points down from previous close.

Profit booking has been seen at 6111 level  which drag the Nifty towards 6042 level .

Now any rise can be considered shorting by keeping 6120 as stop loss for the target of 6020 , 5990 and 5950.

29/01/2013 Trading View

Nifty made a low of 6061 high of 6088 and closed at 6074 which is flat from previous close.

As today is the RBI monetary policy announcement the policy will decide the Nifty's move.

Nifty is having support at 5990 and the resistance comes at 6101.

If it crosses 6101 it can go towards 6150 and further , if it goes below 5990 it will go towards 5950 , 5920 , 5850 and further.

28/01/2012 Trading View

Nifty closed at 6074 for the week.

Nifty will find resistance at 6103 level till this level is not broken it can be considered shorting by keeping 6110 as stop loss for the target of 6020 , 5990 and further.

As this week we have monetary policy announcement that will decide the further movement.

25/01/2013 Trading View

Nifty made a high of 6065 low of 6007 and closed at 6019 which is 34 points down from previous close.

Nifty resistance has come down to 6040 and 6070 .

All the indices are falling down but Nifty is still not giving up.

But there is a chance for Nifty to fall .

The support for Nifty comes to 5990 , 5950 and 5850.

24/01/2012 Trading view

Nifty made a high of 6069 low of 6021 and closed at 6054 which is 5 points up from previous close.

As we said yesterday market gave up but rebounded in the last hour.
Now the stop losses can be moved to 6080 in the sell side the support comes at 5990 and the next support comes at 5950 and 5850.
Any rise up to 6075 can be considered shorting by keeping 6080 as stop loss for the target of 6040 , 5990 and further.

23/01/2013 Trading view
Nifty made a high of 6101 low of 6040 and closed at 6048 which is 33 points down from previous close.

Nifty as suspected gave up from the top , now the resistance comes at 6080 any up move up to here can be considered shorting by keeping 6105 as stop loss for the target of 6040 , 5990 and 5940.

22/01/2013 Trading View

Nifty made a high of 6094 low of 6065 and closed at 6082 which is 17 points up from previous close.

Nifty has closed above the previous high but day by day the real bodies are small the gives a suspicious in the market.
RSI is forming negative divergence but a price confirmation is needed until holding of 6065 it will be in upward.
So 6065 is the support area.

21/01/2012 Trading View

Nifty closed at 6064 for the week.

Nifty has closed above 6054 but it has formed a doji which at this higher level is suspicious.

If today's open is below 6050 then it will drag the Nifty down wards.

In the other case if opens above 6065 then it will be moving towards 6125 and further.

18/01/2012 Trading View

Nifty made a low of 5988 high of 6053 and closed at 6039 which is 37 points up from previous close.

Nifty is having support at 5990 and below that 5940 .

Nifty will be roaming between the area 5940-6070.

On breaking of any of this side will take nifty 100 points movement.

So sell at resistance buy at support can be utilized.

17/01/2013 Trading View

Nifty made a high of 6055 low of 5992 and closed at 6001 which is 54 points down from previous close.

Nifty is having support at 5990 and below that 5940 .

Nifty will be roaming between the area 5940-6070.

On breaking of any of this side will take nifty 100 points movement.

So sell at resistance buy at support can be utilized.

16/01/2013 Trading View
Nifty made a low of 6018 high of 6068 and closed at 6056 which is 32 points up from previous close.

Nifty has passed 6055 so now it will move towards 6100 and further.

The support for Nifty comes at 5920.

15/01/2012 Trading View

Nifty made a low of 5962 high of 6036 and closed at 6024 which is 72 points up from previous close.

Nifty is looking for another up move which can take it up to 6100.

Those who have shorted can keep 6055 as stop loss  for the target of 5950 and further.

14/01/2013 Trading view

Nifty closed at 5951 for the week.

Nifty made a high of 6041 for the week and was not able to go above that.

Nifty has formed three candles continuously and was not able to move up on the INFY's surprise also which shows that market is going to fall even a small negative news will make Nifty fall

Any rise in Nifty can be considered for shorting by keeping 6050 as stop loss for the target of 5920 , 5840 and further.

11/01/2013 Trading View

Nifty made a high of 6005 low of 5947 and closed at 5968 which is 2 points down from previous close.
Today we have two main events scheduled Infosys result and IIP number.

Nifty made a gap up open today but filled the gap eventually.

5920 is the support region and the resistance comes at 6020 .

Any break above are below will make 100 points move on either side.
We can be of lot of volatile today so trade with strict stop loss.

10/01/2013 Trading View

Nifty made a high of 6020 low of 5958 and closed at 5971 which is 30 points down from yesterdays close.
Nifty made a bearish engulfing candle .
As we suspected Nifty fall down those who have initiated short can hold for 5920 and further.
Now Nifty will move towards 5920 it it broke 5910 then it can go towards 5800.

09/01/2013 Trading View

Nifty made a high of 6007 low of 5964 and closed at 6001 which is 13 points up from previous close.

Nifty will find resistance at 6030 , today it has closed one gap and one more gap is ta 5917-5934 which can be filled.

Any up move up to 6030 can be shorted by keeping 6040 as stop loss for the target of 5970 , 5920 and further.

08/01/2013 Trading View

Nifty made a high of 6042 low of 5977 and closed at 5988 which is 27 points down from previous close.

As suspected Nifty fall down not able to close above 6025 ,
RSI also formed a negative divergence now Nifty will move towards 5940.
Any rise can be considered shorting

07/01/2013 Trading View

Nifty closed at 6016 for the week.

Nifty has closed above 6000 in this year, but volumes are not convincing.

Nifty is finding difficult to move it has to cross 6025 to move further on crossing this it can go towards 6100.

The support comes at 5965 .

Any dip up to here can be considered buying by keeping 5945 as stop loss for the target of 6000 and further.