NIFTY OUTLOOK FOR FOR 24 DEC 13

As we have predicted nifty started upmove and reached above 6300 but has witnessed downtrend in the market, although nifty had raised in the midday. The peak point was 6315 and the valley point was 6281.

WORLD MARKET UPDATE OF 20/12/2013

RUPEE V/S DOLLAR

NIFTY OUTLOOK FOR MONDAY

Buy Nifty 5500 put @89 tg 149,179 sl 59

NIFTY OUTLOOK FOR TOMORROW

 The SGX Aug Nifty has also been suffering it witnessed the down fall last Friday and ended   at 5507.Initially, if things pan out the way they are now, we need to watch out for the support level of 5500. This is an important support level for the day. However, so long as the Nifty does not fall below the demand range between 5500 we need not worry so much for it would still retain the ability to post a bounce back...

MARKET EYE RBI CREDIT POLICY 18 DEC 2012

Sell Bank  Nifty 12500 call Near 180 Tg 125,95 sl 210

Index hit fresh intraday low 5852  in afternoon trade after the government lowered its official growth forecast to between 5.7% and 5.9% for this fiscal year. Market is eying  to  Reserve Bank of India's Credit Policy review scheduled on Tuesday but  it  may not offer any surprise. Pls avoid taking fresh long postitions in Bank Nifty Options,although writing options with suitable stop loss can be good Bet.

FUTURE TIPS FOR 13 DEC 2012

Buy ITC future above 309 tg 311.40,313.90 sl 307.50

Sell ONGC future below 256 t 253.20,251.40 sl 258.20

NIFTY OUTLOOK FOR TOMORROW

Nifty started on the positive note but could not sustain the level of 5900 today. Markets remained lack lustre as investors chose to stay on the sidelines despite better-than-expected October IIP number and news of an agreement between government and Opposition on the crucial Banking.  It suggests that the short term uptrend might well have been terminated a corrective downswing will continue .....

FUTURE TIPS FOR 26 NOV 2012

Buy RCOM future above 64 tg 65.70,66.90 sl 63.20

Sell JPASSOCIAT  future below 89 tg 87.90,86.50 sl 90.50

The call given of ICICI achieved first target.

NIFTY OUTLOOK FOR TOMORROW

Indian equity benchmarks continued to trade lower due to weakness in ITC and HDFC Bank. Nifty was down 32 points to 5,595. The index hit a high of 5,637. The index hit a low of 5,593.60 in intraday trade.....

FUTURE OPTION CALLS FOR 16 OCT 2012

Sell SAIL Future below 85.7 TG 83.9,81.2 SL 88

Buy Hindalco Future above 120.5 TG 121.90,123.3 SL118.2

Buy SBIN 2300 call @ 36 TG 49,62 SL 21
more about intraday tips on google +

5 GOLDEN RULES TO TRADE IN NIFTY

5    GOLDEN RULES TO TRADE IN NIFTY

1. WATCH BEFORE U TRADE

   
 Never trade in nifty in first half hour.Always make it habit to trade in Nifty Future after carefully watching movement with price and volume changes.It is always better strategy is to stand aside ,let the future establish an early trading range ,and then enter a range break.


2. KEEP STRICT STOP LOSS

This is most important point which most traders do not follow..If you are on wrong side of trade accept it..the sooner the better.

3.TRADING IS NOT COMPULSORY

Many people are compulsory traders and gets addicted to it which is very dangerous phenomenon.There can be days when market lack momentum or u are not so sure for trading.Avoid trading in such case.

4. NEVER CONVERT INTRADAY TRADE INTO POSITIONAL

If you have entered in a trade with intra day view, then never carry it forward to next day.

5.TRADE REASONABLY

Don’t expect high profits while entering into the trade.You cannot earn all the money you desire in a single day.Take this as any other business and grab profits as early as possible and try to invest it in some other sector.

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR  26APRIL 2012

Market opened higher made a high of 5238 in morning session then slipped into red and finally declined till 5202 at the end. The market may remain volatile tomorrow as traders roll over position from near month april 2012 series to may series ,april contract derivatives will expires tomorrow.

We would once again monitor the movements of index near 5220 as the defence line for the bulls. First resistance would be near 5235-5250,there would be tough battle between 5255-5270.

If  some weakness would be seen i.e. nifty drop below 5200 mark then first support it would get near 5175, if it falls further then support zone 5135-5150 is to be watched.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5240	SUPPORT1	5160
RESISTANCE2	5280	SUPPORT2	5120
RE SISTANCE3	5320	SUPPORT3	5050

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR  19 APRIL 2012

Bulls have managed to take index above 5300 today, it made a high of 5340. But index could not sustain itself above the level of 5300 at the end of day i.e. dropped down and finally ended at 5295.

The uptrend of market is going to continue further . Nifty is likely to open above 5300 , it would be comfortable situation for bulls while range 5330-5350 would still good enough.

Some supply pressure would be likely at 5337 before the nifty tries to take out 5350. Major support area for nifty would be between 5250-5270

BUY NIFTY MAY 5100 PUT @56 TG 86

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5325	SUPPORT1	5280
RESISTANCE2	5350	SUPPORT2	5260
RE SISTANCE3	5400	SUPPORT3	5225

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR  10 APRIL 2012

After a long weekend nifty started its journey again from the level of 5284. But there was a range bound movement throughout .  Bulls were not powerful enough to take nifty across 5300 in today’s session it simply touched a high of 5261 in late session.

Nifty is like to open near 5225 tomorrow, if bulls are able  to put nifty above 5330 then next level to withstand would be 5375. But if nifty trades below 5225 ,which is more likely, for significant length of time then we are again going to see short term weakness developing in the market .If weakness takes index below 5200 once again would be quite damaging of bull market.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5250	SUPPORT1	5225
RESISTANCE2	5275	SUPPORT2	5205
RE SISTANCE3	5300	SUPPORT3	5180

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR 30 MARCH 2012

As we have predicted in our previous posts there has been range bound movement in the  market. The  nifty short strangle strategy given by us is giving decent returns continue to hold.

A bowl of initial volatility was witnessed as the market recovered soon after a weak opening at 5145. The market weakened again later.

Nifty shed 16 points to settle at  5178 points.

Unless nifty doesn’t cross range between 5216-5232 we would not see any sustainable recovery .But an obstacle of 5200 should be crossed for more upward climb . On downside if level of 5140 is broken decisively then next support would come at 5100.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5200	SUPPORT1	5145
RESISTANCE2	5230	SUPPORT2	5120
RE SISTANCE3	5280	SUPPORT3	5090

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR 22 MARCH 2012

The market opened low but edged higher to move in positive terrain in afternoon session. The index hit the low of 5262 in morning session itself. It extended intraday gains to hit intraday high of 5364 in afternoon session.

Nifty was up by 90 points finally closed at 5364 highest closing level since  15 march. The range between 5325-5375 for nifty holds key for any recovery attempt by bulls, if they manage to push index above it we can expect more gains.

On downside support levels to monitor would be 5230-5200. Till time nifty slide below 5182 bulls would retain their ability. One can buy nifty 5200 April put @48 Rs.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5400	SUPPORT1	5242
RESISTANCE2	5436	SUPPORT2	5220
RE SISTANCE3	5540	SUPPORT3	5112

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR16 MARCH 2012

Nifty opened at firm note ,but dropped down latter.  Nifty rose 34 points to settle at 5463 at the end of the day .Index hit the high of 5499 in intraday trade.

The weekend is going to be loaded with market moving events traders will have to be on their toes to match the volatility. BULLISH  bias being continue with targets 5490,5520,5550 .

The swing in the market movement depends on the budget. The support  exist right from 5420.Once this is broken 5365 would act as next supporting level.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5445	SUPPORT1	5430
RESISTANCE2	5560	SUPPORT2	5390
RE SINCE3	5601	SUPPORT3	5200

NIFTY OUTLOOK FOR TOMORROW

   BULLS are in action now ,as we have predicted in our last post nifty crossed the level of 4800 today to make a high of 4853 in the intraday trade.

 Nifty is looking consolidate from here. The positive bias of the market is going to be continued in the coming trading sessions ,is going to maintain the pace and cross the level of 4870.

But the downfall of the market cannot be forgotton the level of 4700 would prove the major support.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	4773.68	SUPPORT1	4810.07
RESISTANCE2	4796.48	SUPPORT2	4771..32
RESISTANCE3	4858.68	SUPPORT3	4706.44

NIFTY OUTLOOKS FOR TOMORROW

As we predicted level 4800 acted as a hurdle for the market. Today market opened at 4749.00 made a high of 4775 points and again dropped to settle at 4749.90 points.

The market is expected to take cues from the global market and may open on flat note. Market is likely to take another rally of 40-50 points tomorrow.

Trading above 4800 would extend the bullish trend towards 4850 where as at lower side 4670-4700 would act as major support zone.

One can write nifty 4700 put option around 88-90 with SL of 30 points.  

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	4772.53	SUPPORT1	4729.77
RESISTANCE2	4795.77	SUPPORT2	4709.32
RESISTANCE3	4838.92	SUPPORT3	4666.44

NIFTY OUTLOOK FOR TOMORROW

The movements in the market were nearly same as we have published in our last post.Market couldnot manage to cross the level of 5000 also didn’t fell below our supporting point 4750.

Market couldnot manage to  touch its opening point throughout the day.It closed slightly above its lowest point of the day i.e. 4769.00 was its closing point .

On Tuesday if market starts near to 4950 then it may again climb up to cross the level of 5000.

But seeing the negativity in the market today we can say that it might fluctuate between 4750-4900.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4868.37	SUPPORT1	4715.12
RESISTANCE2	4968.33	SUPPORT2	4662.33
RESISTANCE3	5121.33	SUPPORT3	4509.33

 vv

NIFTY OUTLOOK FOR TOMORROW

The downfall of the market continued on Friday also.Level of 4800 proved the support level as we have predicted in the last post.Market couldnot breach 5000 levels throughout the session.

Monday might bring some good omen for the market.It might start at the level of 4900 and can also cross 5000.On the downside 4750 would prove the major support.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4935.67	SUPPORT1	4843.12
RESISTANCE2	4985.43	SUPPORT2	4800.33
RESISTANCE3	5077.98	SUPPORT3	4707.78s