Wednesday, July 31, 2013

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.


Tuesday, July 30, 2013

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.

Monday, July 29, 2013

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.

Sunday, July 28, 2013

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.

Thursday, July 25, 2013

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.




Wednesday, July 24, 2013

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.


Tuesday, July 23, 2013

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.

Monday, July 22, 2013

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.

Sunday, July 21, 2013

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.

Wednesday, July 17, 2013

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.

Tuesday, July 16, 2013

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.




Monday, July 15, 2013

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.

Sunday, July 14, 2013

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.

Thursday, July 11, 2013

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.

Wednesday, July 10, 2013

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.

Tuesday, July 9, 2013

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.

Monday, July 8, 2013

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.

Sunday, July 7, 2013

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.


Thursday, July 4, 2013

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.

Wednesday, July 3, 2013

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.

Monday, July 1, 2013

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.