Showing posts with label nifty support and resistance. Show all posts
Showing posts with label nifty support and resistance. Show all posts

Friday, November 23, 2012

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.....

Wednesday, April 25, 2012

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

Wednesday, April 18, 2012

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

Monday, April 9, 2012

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

Saturday, March 3, 2012

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   

Wednesday, February 8, 2012

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   

Friday, December 23, 2011

nifty outlook for tomorrow

On Monday nifty is likely to trade with positive bias. If it crosses the level of 4750 then a buying signal can be seen in the market. The movement in the market seen in two days filled a huge deep hole from the level of near 4550 to close at 4714.00 points. But this is not a confirmatory signal of upward climb .If index can be pulled up beyond the level of 4770 then only we can see this recovery attempt achieving some success .The level of 4600 would prove the major supporting level to the market.  
NIFTY LEVELS FOR TOMOROW

RESISTANCE1
4753.90
SUPPORT1
4685.99
RESISTANCE2
4793.80
SUPPORT2
4653.30
RESISTANCE3
4864.05
SUPPORT3
4583.05

Saturday, December 10, 2011

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    

Thursday, December 8, 2011

NIFTY OUTLOOK FOR TOMORROW


As we have published in our last post heavy profit booking was seen today.Inspite of good start of market it declined in its morning session itself.As we have mentioned in prior market would go below 5000 ,soit was seen today ..Market touched its low level of 4938.5
which was  the  lowest point since last 8 days.
Good start of market might be seen tomorrow,if  starts above  level of 5000 then may go upto 5125.10 points.But as  market falled below the level of 5000 today so 4800 may prove to be major support.
NIFTY FUTURE LEVELS FOR TOMMOROW
RESISTANCE1
5040.85
SUPPORT1
4905.35
RESISTANCE2

5125.10
SUPPORT2
4854.10
RESISTANCE3
5260.60
SUPPORT3
  4718.60    

Wednesday, December 7, 2011

NIFTY OUTLOOK FOR TOMORROW


Market had good opening today.It maintained the level of 5000 and even touched its highest level of 5134.65.Noon session was not so good for it but recovery was soon.and finally ended at5066.25.
Hope many profit bookings for coming session.If nifty touches the level of 5110 then it may move upto 5170 points.If market drops below 5090 then it might go below 5000.
NIFTY FUTURE LEVELS FOR TOMMOROW
RESISTANCE1
5115.40
SUPPORT1
5036.35
RESISTANCE2

5164.55
SUPPORT2
5006.45
RESISTANCE3
5243.69
SUPPORT3
       4927.40

Monday, December 5, 2011

NIFTY OUTLOOK FOR TOMORROW


Last week  proved very sgood for the market .It maintain the level at  which it closed today also.There was not much up and down seen in the market.It fluctuated just 20 points above and below its opening points .It started at 5062 touched level of 5985.90 and then falled back to 5022.20 at the end.
Now continuing the same trend market will be above 5000 for coming session.If it crosses the level of 5050 then may go upto5150 points .The level of 5000 will prove to be major support for it.



NIFTY FUTURE LEVELS FOR TOMMOROW
RESISTANCE1
5080
SUPPORT1
5045
RESISTANCE2

5100.20
SUPPORT2
5010
RESISTANCE3
5150
SUPPORT3
       4995

Tuesday, November 29, 2011

NIFTY OUTLOOK FOR TOMORROW


The first two days of the week proved to be positive for market.The pace of market was maintained throughout .It started at 4872 points and falled by 84 points reached at todays low point 4788.Then again market picked up and finally closed below its opening level i.e. 4816.
After seeing today we hope next day also to be in same pace .Market can rise till 4900 points tomorrow hope that will not get below 4750 points.

NIFTY FUTURE LEVELS FOR TOMMOROW
RESISTANCE1
4870
SUPPORT1
4770
RESISTANCE2

4918
SUPPORT2
4750
RESISTANCE3
4990
SUPPORT3
4640