NIFTY OULOOK FOR 23 AUG 2013

Buy Maruti future above 1295 tg 1313,1329 sl 1274

Buy Infy 3050 call @ 35 tg 55,77 sl 21

NIFTY OUTLOOK FOR TOMORROW

Nifty witnessed very volatile session today,it started at 5282 and advanced near about 100 points to end in 5408 today. The rupee breached the 65 per dollar level and hit a low of 65.32 per dollar in sync with the fall in most emerging market currencies. However, dollar buying was not  large and supplies came from both corporates and probably the RBI.We apprehend a test of 5450 through 5425 support range being tested tomorrow   by the Nifty....

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...

NIFTY OUTLOOK FOR TOMORROW

Nifty opened at 5600 and touched a level of 5700 in intraday trade. Thus now we can see uptrend againThe Nifty reacted from a level that was in line with our anticipation. We still believe the range between 5650 and 5700 would be a very difficult supply zone that the index needs to cross decisively before it embarks on any sustainable uptrend or a recovery swing. Prior to hitting 5700 the yesterday’s high—we tend to think it would find some difficulty in taking out even levels of 5660 and 5680 as well.

RESISTANCE:5690, 5740,5760

SUPPORT:     5680, 5650,5630

FUTURE TRADING

A futures contract is a type of financial contract where two parties agree to transact a set of financial instruments for future delivery at a particular price. On the NSE, where most Futures volume is traded, a trader can trade Index Futures, Stock Futures, and Currency Futures. 

The most common Futures contract traded in India are Nifty Futures. 

A better understanding of Futures can be explained through an example. Suppose Raj wants to purchase a computer which costs Rs. 20,000, but he is short on cash and decides to purchase it one month from today. However, Raj feels that one month from now, the price of the computer will increase. Therefore, Raj is puzzled: how do I purchase the computer today and lock in the price of Rs. 20,000 but get delivery of the computer in 30 days...

MARKET TREND AND NIFTY TIPS

NIFTY OUTLOOK FOR TOMORROW 

The index was in a  another wide ranging day on the down side it would be in a grip of the bears. Bears have made nifty below 5800 today ,it made a high of 5850 and a low of 5750 in intraday trade.Now, even if there is a pause and no hint of a quick withdrawal of the liquidity tightening measures recently announced, the market will still fall. The levels to watch out for, on the downside, are found between 5740 and 5720 to begin with. Most technical indications are suggesting that kind of a scenario panning out....

NIFTY OUTLOOK FOR MONDAY

The bear are on track, nifty started at 5940 but could not sustain this level and dropped till 5873. Finally ended at 5886.In case, there is any recovery in the market, the Nifty needs to get past the first critical supply zone between 5930 and 5950 range. Once again, the level of 5940 comes now if the index remains below this level it would signal a new phase of weakness coming in, which, by the way, is all but natural after the major liquidity tightening drive by the RBI...

NIFTY OUTLOOK FOR MONDAY

Nifty  is down 8.85 to end at 6029.20. Nifty made a high of 6062 and a low of 6022.but the BSE Midcap and Smallcap indices fell 0.6 percent each. The index has staged a major rally in the late session with the bank stocks rallying strongly once it came to be known that the RBI called off the auction of Rs 110 billion worth of government bonds. The bank bulls got a fillip from the current situation arising out of the RBI’s ambivalent stance in this regard. The stock market is likely to rally but the local currency could well suffer from fresh selling pressure....

NIFTY FUTURE AND OPTION TIPS FOR 12-07-13

Sell Maruti future below 1500 tg 1482,1466 sl 1522

Buy Nifty 5900 put @ 70 tg 89,102 sl 56

 NIFTY OUTLOOK FOR TOMORROW

Infosys  will kickstart technology sector earnings with its first quarter results on Friday. This will be its first earnings announcement since the board reappointed the company's founder Narayana Murthy as its executive chairman. Today nifty continued the upward move as we have predicted it sustained above 5900 at the end of the day. Nifty made a high of 5946 and a low of 5910 was  witnessed today...

MARKET TREND TODAY N TOMORROW

BIOCON call given in last post achieved first target today.  

NIFTY OUTLOOK FOR TOMORROW

It made a high of 5879 in early morning trade and a low of 5811 in late trade.The 50-share Nifty index is expected to open higher on Thursday  tracking positive Asian markets. Tracking the momentum, the index may open higher but may retest its key support level of 5850 later in trade today.  In case, there is any profit taking at any stage of the trading session, the first support range would be between 5850 and 5840. Technically, there are no major changes in the technical chart pattern of Nifty which is trading in the range of 5750-5900...

NIFTY FUTURE TIPS FOR TOMORROW

Buy Nifty future 5870 tg 5890,5910,5930 sl 5840

NIFTY OUTLOOK FOR TOMORROW

Nifty opened higher but could not cross and sustain 5900 today, it made a high of 5897 and low of 5857 in intraday trade Over the last seven days, Indian market has been one of the best performing markets with the Nifty posting a gain of 338 points counting from the low of 5566 to the high of 5902 . Now, it has crossed quite a few major hurdles on the way up only the last significant resistance around 5940-mark is left to be conquered before it again hits 6000 or higher levels....

NIFTY OUTLOOK AND OPTION CALL FOR MONDAY

Vijaya bank future call given yesterday hit first target today.

Buy SBIN 2000 call @ 45 tg 69,91 sl 21

NIFTY OUTLOOK FOR TOMORROW

Our prediction of nifty opening and sustaining above 5700 has turned true today. Nifty opened near 5774 touched a high of 5849 and low of 5770 in intraday trade. There is likely to be another big jump in Monday’s  opening i.e. will open near 5800...

NIFTY OUTLOOK FOR MONDAY

Buy Nifty 5600 call @ 75 tg 101,130 sl 44

NIFTY OUTLOOK FOR TOMORROW

The market gained in three out of five trading sessions. The market dropped for the 3rd week in a row in the week ended Friday, 21 June 2013.  Nifty fell 140 points to 5,667. In case, we see a recovery on Monday  session—we need to watch out for taking out the levels between 5680 and 5700 as the first critical range to suggest that the intraday upswing can continue further. it seems we are going to see the Nifty opening around anywhere between 5620 and 5650...

NIFTY FUTURE OPTION TIPS FOR TOMORROW

Buy IFCI 25 call @.50 tg 1.50,2.90 sl .20

Sell Tatasteel future below 270 tg 264,261 sl 275

NIFTY OUTLOOK FOR TOMORROW

The closing of the Nifty yesterday raised hopes in the minds of some market participants but  our prediction of upward move proved wrong ,bears were able  to pull index down to the level of 5655. Index slumped as European and Asian markets dropped after the Federal Reserve signaled that it may reduce the amount of monetary stimulus it provides as early as this year and on weak reading for manufacturing activity in China this monthIt shows that weakness has been crept in and will continue further.....

NIFTY OUTLOOK FOR 20-JUN-2013

Tata motors future call given yesterday achieved target and the call of ITC was not executed.

NIFTY OUTLOOK FOR TOMORROW

Nifty closed at 5822 nearly 9 points up today. There was not much move witnessed in the market ,5810 acted as support line for index. It fluctuated nearly 15 points above and below. The three day old rally in the Nifty has been halted at the altar of profit taking in the much anticipated supply zone between 5810 and 5830 ....

NIFTY OUTLOOK FOR TOMORROW

As we have predicted nifty fell further today also ,it reached the level of 5699 today. It touched a high of 5724 in morning trade and  low of 5695 . International cues being so weak and with the SGX Jun Nifty showing a deep cut of 60 points today. We can well anticipate that the Nifty is likely to open near the 5700-mark. Chances are we might see the Nifty going down below the 5700-mark as well....

NIFTY FUTURE TIPS FOR TOMORROW

Buy Nifty future above 5800 tg 5830,5860,5890 sl 5770

NIFTY OUTLOOK FOR TOMORROW

Index  extended its  losing streak on Wednesday, as the latest macro-economic indicators showed that a decent recovery was still some way off. Nifty finished at 5760, down 29 points over its close. Index made a high of  5788 and a low of 5749 today. For the day, the range between 5760 and 5750 would be the first line of support while the zone stretching from 5840 through 5870 is the critical supply area, which unless crossed there could not be any sustainable recovery...

NIFTY OUTLOOK FOR TOMORROW

Index dropped in choppy trade, with investor sentiment hit by a weak rupee. Nifty settle at 6-week low Nifty lost 40 point to 5,881, its lowest closing level since 26 April 2013. The index hit a low of 5,871 in intraday trade. The index hit a high of 5,972 in intraday trade, its highest level since 4 June 2013. Initially, the critical range for the day is located between 5880 and 5850. Next important resistance zone 5900 -5930....

FUTURE TIPS AND NIFTY OUTLOOK FOR MONDAY

Buy Wipro future above 328.40 tg 332.5,337 sl 324

Sell HDIL future below 40 tg 38.20,36.40 sl 41.90

NIFTY OUTLOOK FOR TOMORROW

The May series of derivatives has ended quite strong with the Nifty posting a close above the 6100-mark. The June series began  today nifty was not able to maintain level 6000i.e. the series started not with very positive indications For the day, we need to monitor the support range between 6100 and 6090 unless this zone is violated on large scale selling, the bulls need not worry so much, at least for now....

WHAT IS GDP

The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory. GDP = C + G + I + NX where: "C" is equal to all private consumption, or consumer spending, in a nation's economy "G" is the sum of government spending "I" is the sum of all the country's businesses spending on capital "NX" is the nation's total net exports, calculated as total exports minus total imports. (NX = Exports - Imports)....

ROCKING NIFTY CALLS

 Rocking  call !!!Nifty 6200 call given in last post achieved all targets…  

NIFTY OUTLOOK FOR TOMORROW

The all-important May series derivative settlement date was today .Bulls were able to win the task and took the driver seat. Finally nifty touched a height of 6124 ended at this level.
In case, the low probability event of a rise panning out during the day and the index moves above 6120 again, we need to watch for levels at 6140 and 6150....