BLOGGER TEMPLATES AND TWITTER BACKGROUNDS

Thursday, October 8, 2009

Nifty Spot on 09-10-09

World Market Status

World markets are in volatile situation, even though it is moving in the range of safe points, so any time expect some up move, This volatile situation will give some nervous in our market, so better to buy at low and book 50% profit in higher side, and now for nifty spot 4900 acts as s/l for your all longs, and 5111 acts as resistance, so if nifty breaks any point on closing basis, it will move on that direction, so make your trading decision regarding the above points

Nifty Spot

Today if Nifty breaks 5003 or not breaks down 5002 will help to move up further, and 5041 to 5045, and 5067 is the resistance points for nifty spot, if it cross 5067 then good up side may be possible as in Nifty today levels, same as if nifty breaks down 5002 it will move down, and following points will give some supports ( 4980, 4963, 4950 ), to nifty spot, general view of nifty is 5111 above up trend, below 4900 down trend, until volatile between this points,

Nifty Spot Today Levels

Nifty Spot above 5003 Target 5040 to 5043, 5061 to 5067, 5128, 5134, 5140, 5250

Nifty Spot below 5002 Target 4985, 4979, 4954 to 4953, 4935, 4900, 4888 to 4886, 4873

Hot Script

Tata Power

If market supports then this script will move up well, so buy around 1312 to 1308 range s/l 1305, target 1328, 1332, only above 1332 it will move to 1352, above 1352 it will move to 1368, 1398, In opening phase if it breaks both side points, don't urge, wait, and get clear direction of the movement, and then make your trading decision.

Tata Power Chart



Yesterday recommended script Crompton did hit s/l, even though it may has good chance to move up soon, so if u had bought, now 318 and 305 is the good support, so wait with s/l of 297 and add on extra in this range , if you booked lose then buy again around 318, 305 with s/l of 297

Wednesday, October 7, 2009

NIFTY 08-10-09

World Market

Yesterday American markets closed with mixed, but now its future market doing well, so this is reflecting in Asian market and Singapore Nifty too, as of this our market will also move well and 4984 is key point for Nifty spot for further down side move, 5016 is key point for further up move

Nifty Spot View

Today above 5016 Nifty spot will move up further and it may face some resistance at 5037, 5055, 5077, 5092, and closing above 5111 Nifty will move to 5200 ++, Same as below 4984 Nifty will move down to 4967, 4949, 4919, and 4900 is important point for trend reversal, If Nifty close below 4900 it will come down to 4700, so keep eye on 4900 and buy good scripts

Nifty Spot Today Levels

Nifty Spot above 5016 Target 5023, 5037, 5055, 5076, 5092, 5111, 5200

Nifty Spot below 4983 Target 4967, 4949, 4919, 4907, 4900, 4888, 4874,
4852, 4819

Hot Scripts

Crompton Greaves

Buy above 335 or 337 Target 347, 355, 364, s/l 325 close


Crompton chart


Sugar sector looks good for further up move, so keep eye on it

Bajaj Hind above 192,

Balrampur Cini above 136,

Mawana Sugar above 48

Tuesday, October 6, 2009

NIFTY ON 07-10-09

World market status

As we expect American and Asian markets are in the path of bullish, and Dow Jones if cross these (9760, 9850, 9920) points, then further good up side may be possible, if so our market also march towards 5450 to 5500,

Nifty spot

As we expect yesterday, nifty took support around 4900 and strength full recovery had happened, this will increase our confident about bullish up to 5500, and now this confident will get more strength if nifty breaks 5065, 5111 on closing basis, and next small resistance for nifty spot is at 5170 to 5200, so only above 5200 nifty will march towards 5450 to 5500,

Same as 4900 is our trend reversal point for our longs, you can concentrate on good scripts like RIL, BHEL, REL INFRA, LT, STER, BHARAT FORGE, CLUTH AUTO, IRB INFRA, AXIS, ASIAN PAINT, these scripts will move if market will full fill our expectation, so do your own research and keep the s/l as 4900 on closing basis,

Nifty Today

Nifty spot if cross 5030 today further up side possible up to 5050 to 5065, if cross 5065 strongly then further up side possible up to 5165 to 5200, same as if nifty spot cross down 5021 it will try to come down, even though good down side will be possible only if nifty breach 5000 to 4996 as per camarilla calculation , so initiate your trades according to this

Nifty Spot Today Levels

Nifty spot above 5029 target 5050, 5064 to 5065, 5165, 5193, 5211, 5236

Nifty spot below 5021 target 5008, 5005, 5000, 4996, 4952, 4934, 4930, 4923, 4916,
4898, 4891, 4883, 4874, 4862

Hot scripts

BHEL

This script will boom soon up to 2600, 2800, so patient players can buy on dips, and today's move may be as below

Buy above 2441 target 2465, 2495 to 2500, 2545, 2562, 2597, s/l 2438

Sell if not cross 2438 target 2406, 2378, 2370, s/l 2441

BHEL CHART

REL INFRA

So many patterns are forming in this script, and 1301 is a key point to watch, if it breaks 1301 strongly then 1430, 1510 may be possible soon, and if it try to close above 1301 then further continues up trend may go on…

REL INFRA

Buy above 1301 target 1311, 1334, 1347, 1369, 1430, 1510, s/l 1200 for short term trader,

1270 is s/l for swing trader, (closing basis s/l )

REL INFRA CHART


Monday, October 5, 2009

NIFTY ON 06-10-09

WORLD MARKET STATUS

AMERICAN INDEX DOW JONES TOOK SUPPORT AT 9400 AND MOVING UP, NOW IT HAS SOME RESISTANCE AT 9555, IF IT CROSS 9555 THEN NEXT MAJOR RESISTANCE WILL BE AT 9665, AND TODAYS ITS FUTURE MARKET DOING WITH FLAT MODE, AND THERE IS CHANCE TO MOVE UP ALSO, FOLLOWING THIS ASIAN MARKETS ARE IN UP SIDE, FOLLOWING THIS SINGAPORE NIFTY OPENED WITH GAP UP AND HOLDS THE SITUATION TOO, SO IT REFLECTS IN OUR MARKET IN GOOD MANOR, SO 4980 IS GOOD SUPPORT FOR NIFTY AND ABOVE 5007 IT WILL MOVE FURTHER WITH SOME RESISTANCE AT 5050 TO 5060, AND 5120

NIFTY SPOT GENERAL VIEW

WE CAN THINK ABOUT CORRECTION ONLY NIFTY SPOT CLOSE BELOW 4980 AND 4900 UNTIL THEN ONLY UP MOVE WILL BE POSSIBLE, SAME AS IF IT CROSS 5120 THEN NEXT STRONG RESISTANCE WILL BE AT 5170 TO 5200, ABOVE 5200 NIFTY WILL MOVE STRAIGHT AWAY TO 5350, 5470 TO 5500, SO AFTER 5450 TO 5500 NIFTY WILL TRY TO FACE CORRECTION UP TO 4700 RANGE, SO YOU CAN CONCENTRATE ON GOOD SCRIPTS WITH S/L OF 4900 (NIFTY SPOT) ON CLOSING BASIS

NIFTY SPOT TODAY

TODAY NIFTY SPOT IF NOT CROSS DOWN THE 5003 WILL HELP TO MOVE UP FURTHER UP TO 5050 TO 5060, AND 5120, IF IT CROSS 5120 THEN GOOD UP SIDE POSSIBLE UP TO 5250, SAME AS NIFTY SPOT IF CROSS DOWN 4980 TODAY THEN IT WILL TRY TO MOVE DOWN WITH VOLATILE BASIS OR WITH FLAT MODE ON BECAUSE OF NEAR AND NEAR SUPPORT IN DOWN SIDE AS NIFTY TODAY LEVELS

NIFTY SPOT TODAY LEVELS

NIFTY SPOT ABOVE 5007 TARGET 5052 TO 5055, 5067, 5071, 5082,5090, 5109, 5118, 5247

NIFTY SPOT BELOW 5006 TARGET 4991, 4982, 4970, 4953, 4947, 4937, 4916, 4889,
4858 TO 854, 4846, 4821, 4814, 4789, 4759, 4718

SCRIPT TO WATCH

AXIS BANK

BUY IF SUSTAINS ABOVE 968 TARGET 984, 993, 998, 1012, 1030, 1048, S/L 961

SELL BELOW 961 TARGET 951, 941, 918, 916, 902, S/L 968

Sunday, October 4, 2009

NIFTY ON 05-10-09

WORLD MARKET STATUS

AMERICAN MARKETS ARE IN DOWN TREND FOR THE PAST 4 DAYS, BUT TODAY IT'S FUTURE MARKET TRYING TO MOVE UP, BASED ON THIS ASIAN MARKET ARE ALSO TRYING TO MOVE UP, BUT I CANT ABLE TO SAY THIS IS STRENGTH FULL UP MOVE, FOLLOWING THIS SINGAPORE NIFTY OPENED WITH GAP DOWN AND HOLDING THE DOWN TREND TOO, SO REFLECTING THE ABOVE SITUATION OUR MARKET WILL DO WITH GAP DOWN OPEN AND THERE IS A CHANCE TO RECOVER FORM 5050 TO 5040 LEVELS IF WORLD MARKET DO CONTINUES RECOVER, AND 4990, 4970, 4935, 4900 IS THE IMPORTANT SUPPORT FOR NIFTY SPOT

NIFTY SPOT GENERAL VIEW

5170 TO 5200 WILL GIVE STRONG RESISTANCE TO NIFTY SPOT FOR FURTHER UP MOVE, IF IT CLOSE ABOVE THIS LEVELS FOR 2 DAYS THEN NEXT POSSIBLE TARGET WILL BE 5350, AND 5600 TO 5650, SAME AS 5040 WILL GIVE GOOD SUPPORT FOR NIFTY, BELOW THIS LEVEL 4970, 4900 WILL BE THE NEXT STRONG SUPPORT, ONLY CLOSING BELOW 4900 FOR 2 DAYS NIFTY WILL FACE GOOD CORRECTION

NIFTY SPOT TODAY

TODAY IF NIFTY SPOT CROSS 5092 THEN FURTHER UP SIDE POSSIBLE AS PER NIFTY TODAY LEVELS, SAME AS BELOW 5070 FURTHER DOWN SIDE POSSIBLE AS PER NIFTY LEVELS, BUT IF THERE IS ANY CONTINUES RECOVER IN ASIAN MARKET AND AMERICAN FUTURE MARKET THEN 5055 TO 5040 ACT AS GOOD SUPPORT FOR NIFTY SPOT, SO BASED ON THIS TAKE YOUR TRADE DECISION

NIFTY SPOT TODAY LEVELS

NIFTY SPOT ABOVE 5092 TARGET 5109 TO 5111, 5130, 5141, 5170, 5273

NIFTY SPOT BELOW 5071 TARGET 5055, 5041, 4992, 4978, 4972, 4969,
4957 4934, 4925, 4902, 4873, 4847, 4840

SCRIPT TO WATCH

RCOM

BUY ABOVE 323 TARGET 330, 335, 345, 347, 362, S/L 320

SELL IF NOT CROSS 323 TARGET 316, 313, 310, 306, 303.5, 298, 290, S/L 323

Thursday, October 1, 2009

NIFTY 01-10-09

WORLD MARKET VIEW

AMERICAN MARKETS ARE IN MILD UP SIDE, IT'S FUTURE MARKETS TRADES IN GREEN, SO THIS TREND RE FELTS IN ASIAN MARKET TOO, ASIAN PEOPLES ARE IN UP SIDE, FOLLOWING THIS SINGAPORE NIFTY DOING WITH OPEN AND LOW ARE SAME, SO THIS WILL MAKE SOME VOLATILE IN OUR MARKET, AS OF THIS CONDITION 5050 IS IMPORTANT POINT TO WATCH IN DOWN SIDE AND 5120 IS ANOTHER IMPORTANT POINT TO WATCH IN UP SIDE

NIFTY SPOT OVER ALL VIEW

ONLY ABOVE 5157 NIFTY SPOT WILL REMAIN IN BULLISH TREND UP TO 5250, IF BREAKS 4992 THEN FURTHER 100 POINTS WILL COME DOWN, AND NOW OUR MARKET ARE IN NERVOUS SITUATION SO WE HAVE TO BE VERY CARE FULL BY HEDGE OUR LONG POSITION BY SHORT THE NIFTY FUT OR BUY THE NEAR PUT OPTION, ONLY BELOW 4770 THE MAJOR CORRECTION WILL COME UNTIL THEN NEXT UP SIDE TARGET FOR NIFTY SPOT IS 5250, 5650

NIFTY SPOT TODAY VIEW

TODAY IF NIFTY SPOT CROSS 5088 THEN IT WILL TRY TO MOVE TO FURTHER UP SIDE, NEXT MAJOR STRONG RESISTANCE IS AT 5145 TO 5157, IF CROSS 5157 THEN IT WILL MOVE TOWARDS 5250 SO CONCENTRATE ON BUYING IF NIFTY CROSS 5088 WITH S/L OF 5075, SAME AS NIFTY SPOT IF BREAKS 5075 THEN IT WILL TRY TO COME DOWN, AND MAJOR CORRECTION WILL COME WHEN NIFTY SPOT BREAKS 4992, SO TRADE ACCORDING WITH THIS LEVELS

NIFTY SPOT "TODAY'S LEVELS"

NIFTY SPOT ABOVE 5088 TARGET 5107, 5120, 5145, 5250, 5265

NIFTY SPOT BELOW 5071 TARGET 5043, 5021, 5011, 4992, 4922, 4906

SCRIPT TO WATCH FOR

STERLITE IND

BUY IF CROSS AB 780 TR 790, 797, 803, 815, 820, 835 S/L 775

SELL BL 775 TR 766, 755, 750, 745, S/L 780


STER LITE CHART