KEYS TO TRADE IN NIFTY FOR 27/12/2013

RUPEE V/S DOLLAR

 The rupee trimmed its initial gains but was quoted still higher by 10 paise to 62.31 against the American currency on fresh selling of dollars by exporters and banks in view of strong equity market.

INTRADAY NIFTY UPDATE

Nifty opened with a downfall and continous faced selling pressure amidst the price action while closing just above 6141 which is the 61.8 percent retracement levels of the entire upmove from 5970 to 6415. Till Price Index Holds 6150-6160 levels and is witnessed likely to bounce back upto 6230-6240 levels.

Suppose the Index breaks below 6150  and sustains below it, its likely to push prices lower upto 6060 level. Resistance would sustain at 6230-6240 level and continue to the same, could lead the recovery upto 6275-6308 level.

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NIFTY OUTLOOK AND FUTURE TIP FOR MONDAY

Buy IDFC future above 156 tg 157.90,159.40 sl 154.20

NIFTY OUTLOOK FOR TOMORROW

Nifty was down 44 points to 5,871, its lowest closing level since 23 April 2013. The index hit a high of 5,907 and a low of 5,860 in intraday trade. Massive short covering during the last hour of yesterday’s session saw the Nifty rise from an intraday low of 5860 to close at 5871. We may see an opening above the 5900-mark.

FUTURE TIPS FOR 25 APR 2013

Buy GMRInfra future above 22.70 tg 23.40,23.90 sl22

NIFTY OUTLOOK FOR TOMORROW

Nifty was up to 5,836, its highest closing level since last month . The index hit a high of 5,844 in intraday trade. The index hit a low of 5,791 in intraday trade. We need to watch out for two ranges 5855 through 5865 on the upside. The levels between 5855 and 5865 might just bring in the potential supply through some profit taking.....

NIFTY TIPS FOR 1 AUG 2012

BUY NIFTY 5300 CALL @ 60 TG 90 ,110, 140 SL 32

SELL TITAN FUTURE BELOW 220 TG 212N,206 SL 226

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

MARKET OUTLOOK FOR TOMORROW

MARKET TREND FOR 5 MARCH 2012

Market reversed after positive start in morning .It recovered from intraday low and alternately moved in positive and negative terrain . The  market hit intraday high of  5368.45  in morning session itself. The low point touched by index was 5354.78.

The crucial zone for the bulls to get past would be 5370-5400 if index manages this on Monday upward momentum would gather steam.

In case of any fall below 5297 index would find support near 5280-5260.

We are ignoring Saturday session because of low volume and low momentum.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5365	SUPPORT1	5350
RESISTANCE2	5378	SUPPORT2	5345
RESISTANCE3	5390	SUPPORT3	5330

MARKET OUTLOOK FOR 9 FEB 2012

MARKET TREND FOR 9 FEB 2012

Asian markets are trading in the positive territory i.e. nifty is at 5375 up by 17 points. Bulls are  in good pace and have manage to  take index above 5400 soon it will witness stiff resistance over it.

Today index opened at 5343.00 hit fresh intraday low 5330 in morning session itself .The index hit 5394 the peak value of  today’s trading session.

Tomorrow bulls may takeover if level of 5425 is crossed with volume .Intraday weakness will be visible below 5335 level.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5404.67	SUPPORT1	5338.05
RESISTANCE2	5433,78	SUPPORT2	5301.23
RESISTANCE3	5498.23	SUPPORT3	5236.65