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.