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.