KEYS TO TRADE IN NIFTY FOR FRIDAY 27-JUNE-2014

• The rupee on Thursday fell back two paise to end at 60.14 against the dollar on weak local equities and demand for the US currency from importers, snapping two straight days of marginal gains.
• Dow Jones 21 points down @ 16,846
• Nikkei 95 points down @ 15,213
• HENG SENG 66  points down @ 23,131
• Results today  : Bharati Shipyard Ltd.,Daulat Securities Ltd.

NIFTY FUTURE PREDICTION FOR WEDNESDAY 25 JUNE,2014

"Buy IFCI 42.50 Call @0.20 Tgt 0.50/0.70"

Today market witnessed a recovery,market moment was completely bullish. Market raised due to the impact of high crude oil prices on India's macroeconomic situation eased after decline in global crude oil prices. This wild upswing was also due to the F&O expiry on Thursday. Today Nifty future started at 7530 made a high of 7616 and low of 7525 and closed at 7592, total 91 points was moved by nifty future today. Now on top we saw huge volume coming in the market after quite some time that also is an indicator that the downswing, in all likelihood, is over. now tomorrow the market will continue to move towards upward direction. Market will come back to its comfortable zone of 7600 and will move between the levels of 7580-7650. . On the way up, the Nifty needs to cross 7530 through 7550 to post a sustainable recovery. However, as a confirmation, we need nifty to touch 7630 for any fresh upswing.

We feel that probably the correction that the market saw for the past four-five days was a good bit of consolidation and correction. Though there was a huge sector churning, which was taking place, it has seriously given the markets some very good strength. It is great for the health of the market that intermittent corrections come. It is showing all the classical signs of a good bull market wherein three-four days' correction gets bought into on a given day like today.

NIFTY FUTURE PREDICTION FOR MONDAY 23-JUNE-2014

Range bound movement was witnessed by nifty future on Friday. Nifty future moved between the range of 7515-7575.Nifty futures opened  at a 7556 made a high of 7578 and low of 7511 and closed at 7525, total 67 points was moved by nifty future. The index looks poised for a bounce back on Friday’s session even if it closed weaker. Now, we have clearly seen that the support levels between 7510 and 7535 working pretty well. 

Trade in nifty future based on daily volatility

Introduction:

Indian traders have realized that benefit of trading in the nifty future from past couple of years. However it is quite experienced that many traders never make any success in nifty intraday trade. Learning little simplest technique can make someone a winner in the nifty trading.

Interpret the daily volatility. It is the parameter which will gives you the most likely move the nifty future can swing in a day. In this case the term ‘swing’ means high and low difference in a day.

Then the next question is how to find the volatility. ?

To calculate the volatility the best procedure is refer the daily volatility column given in the NSE site against the Nifty future f &o quote section. You may get a figure 1.23 for 9th October 2009 price quote in the bottom of the page. In other words it says the nifty future has the potentiality to generate 1.23% returns today either in the buy side or in sell side.

NIFTY PREDICTION FOR MONDAY 16-JUNE-2014

Very volatile market was today. sensex & Nifty, both, hit one week low. Sensex down over 400 points, Nifty slips below 7,600 levels.  IT major Infosys rose in volatile trade. Metal and mining stocks dropped. Today market extended losses and hit fresh intraday low in mid-afternoon trade. After opening higher at 7677 nifty future was suddenly slipped down at the level of 7542.today highest level of nifty future was 7682.Total 140 points was moved by

NIFTY FUTURE OUTLOOK FOR THURSDAY 12-JUNE-2014

Today Sew-saw movement was there in nifty. After hitting yet another record high of 25,735 in the morning trade,the Sensex ended at 25,473, down 109 points. Nifty future today started at 7670 made a high of 7715 and low of 7610 and closed at 7637, total 105 points was nifty future moved throughout the day. The index turned quite volatile during the session first, it fell by 104 points from 7683 and then some see-saw movement for most of the time before recovering sharply in the last hour to close a tad higher than the previous session. Incidentally, the top was made within the potential supply zone anticipated by us. While there had been a positive close for sure, the day’s price movement undoubtedly has created some fissures in the solid uptrend that we had been observing in the recent past.

KEYS TO TRADE IN NIFTY

v Market may open flat to slightly higher.  Nifty could gain 5 points at the opening bell. 

v The rupee snapped four weeks of losing string and recovered by 44 paise to close at three-week high of 60.16 against the US dollar

v Down jones 45 points up  16,512.

v NIKKIE 27  points down  @ 14,457.

v HENG SENG 45  points down @ 21,888.

v Results today  :  Canara Bank,Emami Ltd., Piramal Enterprises Ltd. , Tube Investments of India Ltd. , Ajanta Pharma Ltd.