NIFTY OUTLOOK & TRADING STRATEGY FOR BUDGET,2014

From mid of the June market witnessing higher volatility due to pre-budget rally.Nifty moving around the levels of 7580-7800 levels since last few days.where 7623 is the most crucial level for the nifty. Overall Nifty is in Uptrend. Charts structurally Still Positive after yesterday's fall. However on account of overhead Budget, a fall or panic Dip up to 7450-7400 could not be ruled out.

Out of Nifty heavyweights:-

• Reliance has already corrected 150 points or 13-15% from its recent high of 1145.
• ICICI is also oversold.
• ITC and Infosys are not looking bad at least; in fact Infosys is looking good.
• HDFC Bank and HDFC are market performers and could not fall more than 5%.
• In Such a scenario worst Nifty can fall is 3-4% from current levels of 7623.
  
  The trading strategies should be to create longs at 7450 in spot with a Sl of 7290 for Targets of 7900 by mid august.

NIFTY FUTURE OUTLOOK FOR WEDNESDAY 09-JULY-2014

"Sell RCom Below 135.50 Tgt 132/128.80 Sl 138"

"Buy IDFC Future Above 138 Tgt 141/142.90 Sl 136"

Very volatile market was today. After opening on a firm note the market was slipped into the red in the mid sessions .Both the sensex and the nifty hits more the one week low. The Sensex slipped over 600 points in trade today .The Nifty also witnessed some bit of profit booking at higher levels. The index breached its crucial psychological level of 7600 after hitting its fresh lifetime high of 7808 earlier in the day. The sudden downfall in market was witnessed due to the Shares of most of the railway-related companies slipped 3-13 % in trade on Tuesday, as the Rail Budget failed to live up to market expectations and investors preferred to book profits after a sharp rally seen in most of these stocks so far in the year 2014. Today nifty future started at 7810 made a high of 7817 and low of 7620 and closed at 7630, total 197 points was moved by nifty future. For tomorrow some recovery can be happen in the market, If tomorrow nifty will successfully crossed it’s most crucial level of 7680 then it will come back to it’s comfortable zone of 7765-7795 and if this levels are achieved by nifty then 7850 will most desirable resistance level for nifty future, at the other side if any down trade was witnessed in the market the 7600-7550 will be proved as very good supporting levels of nifty future.

NIFTY FUTURE OUTLOOK FOR TUESDAY 08-JULY-2014

Bullishness was witnessed in the market due to pre budget rally. The sensex and nifty both edged higher. The Sensex collect 138 points to settle at 26,100, a record closing high. The Nifty collects 35 points to settle at 7,787 a record closing high. The index hit a high of 7,792 in intraday trade, a lifetime high of the index. The index hit a low of 7,755 in intraday trade. The nifty future started at 7810 made a high of 7812 and low of 7760 and closed at 7797 total 52 points was moved by nifty future. Overall market is moving in uptrend. Now for tomorrow market will try to touch the level of 7850 if this level will achieved by nifty future then there will be higher possibilities of nifty future to touch the level of 7900-7930. While if market witnessed any downfall then 7740-7720 will be proved as very good supporting levels of nifty future. Expectation of the investors is very higher from this upcoming budget. Indian stock witnessing a pre-budget rally amid expectations that Finance Minister Arun Jaitley will announce measures in the Budget aimed at bolstering economic growth. If this will be true then market will touch the level 8000, and there will be a measure support of the level 7750 for the nifty. If 7750 will be touched by nifty then it will come back to the level of 7400.

NIFTY FUTURE OUTLOOK FOR NEXT WEEK 07 JULY-11 JULY ,2014

Likely to extend record setting streak next week, although much will depend on Prime Minister Narendra Modi's maiden budget to be unveiled on July 10.
Investors will be hoping the government will unveil next week a credible budget that seeks to raise revenue, including from sales of state-run firms, while at the same time keeping spending under control. Investors will also be closely tracking monsoon rains, which accelerated this week after recording the weakest first month of the June-September rainy season in five years. 

NIFTY FUTURE NEXT WEEK

In this whole week the trading session witnessed choppy trading with a positive bias, supported by gains in pharma, banks, autos and technology stocks.  In this whole week the Sensex & nifty both rose up but in trade the nifty was very range bound since Tuesday. Now the countdown is begin for the upcoming budget 2014. However, there are just four trading sessions left ahead of the main event due on July 10.All the investors having so many expectations from the upcoming budget, 2014. Expectations are that the index should be able to make new all time highs ahead of the Budget 2014. The Street is already hoping for a more pragmatic budget this time, which focuses more on reducing fiscal deficit, boosting growth and reviving the investment cycle.
The Sensex is trading very close to its next crucial resistance level of 26,000. And nifty is also very close to the level of 7800.

NIFTY FUTURE PREDICTION FOR MONDAY 07-JUNE-2014

Very volatile market was today. In morning Sensex & Nifty future opened on a positive note, both were traded in a range with a positive bias in morning session; some profit-taking was also seen today after the Sensex and Nifty future set record highs on Thursday. But in afternoon session index witnessed a sudden slide .The Sensex and the Nifty future fell nearly 0.4 % in noon trade  after comments from Finance Minister that concerns about the impact of Iraq crisis on crude oil prices remain despite moderation in oil prices. But Index re-gained positive terrain in the end session and made a record closing high. Today Sensex closed at the level of 25,962 while Nifty future started at 7754 made a high of 7791 and low of 7676 & closed at 7790, total 115 points was played by nifty future. The dream run for Indian markets has already started with indices hitting record highs . Both Sensex and Nifty future have rallied over 22% each.

The Five Biggest Stock Market Myths

  Investing in Stocks Is Just Like Gambling.

      This reasoning causes many people to shy away from the stock market. To understand why investing in stocks is inherently different from gambling, we need to review what it means to buy stocks. A share of common stock is ownership in a company. It entitles the holder to a claim on assets as well as a fraction of the profits that the company generates. Too often, investors think of shares as simply a trading vehicle, and they forget that stock represents the ownership of a company.
In the stock market, investors are constantly trying to assess the profit that will be left over for shareholders. This is why stock prices fluctuate. The outlook for business conditions is always changing, and so are the future earnings of a company.
Assessing the value of a company isn't an easy practice. There are so many variables involved that the short-term price movements appear to be random (academics call this the Random Walk Theory); however, over the long term, a company is supposed to worth the value of the profits it will make. In the short term, a company can survive without profits because of the expectations of future earnings, but no company can fool investors forever - eventually a company's stock price can be expected to show the true value of the firm.
Gambling, on the contrary, is a zero-sum game. It merely takes money from a loser and gives it to a winner. No value is ever created. By investing, we increase the overall wealth of an economy. As companies compete, they increase productivity and develop products that can make our lives better. Don't confuse investing and creating wealth with gambling's zero-sum game.

NIFTY FUTURE OUTLOOK FOR FRIDAY 4 JULY,2014

The index has gathered quite a bit of momentum after a cool 90 point gain. Today nifty future started on high note but it closed in the negative terrain for the first time after four days of up move as profit booking picked up in banks, metals and realty stocks. Today nifty future begins at the level of 7761 made a high of 7773 and low of 7726 and closed at 7739, total 47 points was played by nifty future. Market expecting that the finance minster will announce measures in the Budget aimed at bolstering economic growth is driving stock prices higher ahead of the key event on 10 July 2014,and due to this investor are expecting bullishness in the market till the budget announcement. Today the Nifty has closed at the doorstep of a significant resistance zone between 7729 and 7745. For tomorrow, on Friday this range, by the way, will going to be most critical zone for the day for staying above this zone on a sustainable basis would signal continuation of the new round of bullish gumption. Incidentally, it also posted a fresh all-time high. If bulls will successfully touch the 7770 or will stay strongly on this level then there will be higher possibilities of the levels 7800-7870, the bullishness is most likely going to stay unless of course, The bears won't take the index to closes below important support area located between the levels of 7660 and 7630.

NIFTY TECHNICAL REPORT FOR BUDGET 2014

The Indian markets have picked up momentum in the run-up to the Budget 2014, which will provide the much-needed direction to the markets. Most of the expectations are running a little ahead of what the government can actually do midyear, because one has to remember that they have taken up the government by the half of this financial year. Market once again hit all time high till the budget 2014.

New hopes from the market

In such bullish market where Nifty has become overbought and has rallied ahead of its time, investor expectations also get higher they are expecting nifty to touch the levels 7900 or 8000.The Basic tenets of “technical Analysis” will help you to trade in this highly volatile market. There are two possibilities either market will repeat the history and made a new all time highs or prices moves around the same levels.