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Friday, January 29, 2010

NIFTY Forecast

Nifty made strong upside recovery from the major support base of 4750 to 4800 level. Still technically nifty is looking in bear zone until it close above 5000 level. We recommend that in nifty future traders should go for short on higher levels. Nifty could lead towards 4500, if close below 4750 level.

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Thursday, January 28, 2010

NIFTY for Friday, January 29, 2010

NIFTY WAS HIGHLY VOLATILE TODAY DUE TO EXPIRY OF F&O. BUT ONE THING THAT IS VITAL IS THE NEW LOW, NIFTY HAS BROKEN YESTERDAY LOW & MADE NEW LOW TODAY.WE ARE EXPECTING THAT UNTIL NIFTY CLOSE ABOVE 5000, DOWN TREND COULD BE CONTINUE IN IT. SELL ON HIGHER LEVEL STRATEGY WE RECOMMEND IN NIFTY. THE MAJOR SUPPORT BASE SEEN AROUND 4750 TO 4805 LEVEL.

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Wednesday, January 27, 2010

NIFTY for tomorrow

NIFTY has broken vital support zone of 4900 & made very week closing around 4830 level. As now we could see the major support base around 4805 & 4750 level. If NIFTY break these levels & made closing below, we could expect the level of 4500 in near term. Now we recommend that traders should go for short in nifty future at close to every resistance & should book profit around major support levels. Now on 28th Jan. There is future contracts expiry so market could be highly volatile, so traders need to be careful.

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Monday, January 25, 2010

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NIFTY for Wednesday, January 25, 2010

NIFTY TODAY TRADE IN THE RANGE BUT STILL MADE CLOSE TO THE VITAL SUPPORT LINE IN LONG TERM CHARTS. NIFTY IS LOOKING TO DIRECT TOWARDS 4900. CLOSING BELOW THAT LEVEL COULD CONFIRM MORE SERIOUS CORRECTIONS. WE RECOMMEND THAT TRADERS SHOULD TRY TO FIND OUT SELLING OPPORTUNITIES IN NIFTY FUTURE AROUND RESISTANCE LEVELS.

Friday, January 22, 2010

NIFTY LEVEL for Next Week

NIFTY HAS BROKEN CRUCIAL SUPPORT LINE IN DAILY AS WELL AS IN WEEKLY CHART. NIFTY WITNESSED HUGE SELLING PRESSURE FROM LAST TWO TRADING SESSIONS & ALSO MADE CLOSING BELOW THE SUPPORT LINE. WE ARE EXPECTING THAT THIS DOWNTREND WILL CONTINUE IN NIFTY & WE COULD SEE THE LEVEL OF 4900. CLOSING BELOW 4900 COULD LEAD NIFTY TOWARDS 4750 LEVEL. NOW NIFTY HAS MAJOR SUPPORT AROUND 4750 LEVEL.

WE RECOMMEND THAT TRADERS SHOULD GO FOR SHORT IN NIFTY AT EVERY HIGHER LEVEL UNTIL IT MAKES CLOSING ABOVE 5060.


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Thursday, January 21, 2010

NIFTY on Friday, January 22, 2010

NIFTY HAS BROKEN ITS VITAL SUPPORT BASE TODAY. FOR TOMORROW THE NIFTY COULD BE BEARISH & NEXT SUPPORT WOULD BE AROUND 4995 TO 5005.

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Wednesday, January 20, 2010

NIFTY for tomorrow

Trader should go for long in NIFTY as it closed above 5200 level, which means that uptrend is continue.

 Next intraday resistance in nifty future is around 5260.

Tuesday, January 19, 2010

NIFTY Intraday LEVELs for tommorrow

 NIFTY TRADING NEAR TO MAJOR SUPPORT LEVEL OF 5200, SO IF BREAKS THIS LEVEL TRADERS SHOULD QUIT FROM THE LONG POSITION.

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Monday, January 18, 2010

NIFTY on Tuesday, January 19, 2010

NIFTY TRADE CLOSE TO 5300 LEVEL TODAY, WE HAD SEEN FRESH BUYING SUPPORT AT EVERY DECLINE.TRADERS SHOULD FIND OUT BUYING OPPORTUNITIES IN NIFY FUTURE FOR TOMORROW

Saturday, January 16, 2010

NIFTY on Monday, January 18, 2010

Nifty is looking to consolidate around higher levels. 5305 could be major resistance. buy near to 5200 7 should book profit around 5285 level would be good strategy.


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Wednesday, January 13, 2010

NIFTY for Thursday, January 14, 2010

Nifty Has recovered from lower levels . For tomorrow 5300 is major resistance. Trader should go buy on dips strategy with the stop loss of 5200

Thursday, January 7, 2010

NIFTY on Friday, January 08, 2010

NIFTY IS CONSOLIDATING AT HIGHER LEVELS, STILL 5305 IS MAJOR RESISTANCE FOR INTRA DAY AND INTRA DAY SUPPORT IS BEEN AT 5235.


Saturday, January 2, 2010

NIFTY for Monday, January 04, 2010

NIFTY is in upside zone of uptrend and one could go for long in it with the Stop-Loss of 5145. 5275 and 5300 are two Targets for upcoming weeks in nifty futures.

 
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