KEYS TO TRADE IN NIFTY

v Market may open flat to slightly higher.  Nifty could gain 5 points at the opening bell. 

v The rupee snapped four weeks of losing string and recovered by 44 paise to close at three-week high of 60.16 against the US dollar

v Down jones 45 points up  16,512.

v NIKKIE 27  points down  @ 14,457.

v HENG SENG 45  points down @ 21,888.

v Results today  :  Canara Bank,Emami Ltd., Piramal Enterprises Ltd. , Tube Investments of India Ltd. , Ajanta Pharma Ltd.

NIFTY OUTLOOK FOR MONDAY 05-MAY-2014

"Sell LT Future Below 1270 TGT 1262/1258 SL 1278"

"Buy Reliance 1120 Call @ 14 TGT 21/25 SL  7 "
NIFTY FUTURE OUTLOOK FOR MONDAY

On Friday nifty was completely range bound it started with 6750 made a high of 6778 and low of 6720 and closed at the level of 6726…nifty played 58 points throughout the day. The index swooped down to test levels close to 6650 but closed much higher. However, an interesting thing happened on the end-of-day  the Nifty and the Bank Nifty both We found a wide ranging day pattern showing a large intraday range with the opening and closing around the middle of the range…the market has become directionless. This means the vicious downswing of the last four sessions has probably come to an end. Either there will be a narrow range bound movement before another directional movement is noticed or a sharp spike up in order to mark the resumption of the earlier intermediate uptrend. However, so long as we don’t see the index getting past 6750 it would not be out of the woods.for Monday we are expecting that nifty will touch the level of 6740-6770.at the other side if nifty will slips down then the 6700 will be proved as a very good supporting level. The last two phases of the extended general elections will take place over the next 10 days.

KEYS TO TRADE IN NIFTY

vTrading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 14.50 points at the opening bell. 

v The Indian rupee rose by 23 paise to close the day at 60.42 against the US dollar on fresh selling of the American currency by banks and exporters.

v Down jones 86 points up  16,535

v NIKKIE 33 points up  @ 14,321

v HENG SENG 293  points down @ 22,160.

v Results today  :  Kotak Mahindra Bank Ltd.,Marico Ltd.,IDBI Bank Ltd.,Petronet LNG Ltd.,JSW Energy Ltd.

NIFTY OUTLOOK FOR 30-APRIL-2014

"Buy Unitech 20 Call @.80 TG 1.20,2.80 SL .40"

"Sell Tatasteel Future below 405 TG 401,398 SL 408"

NIFTY FUTURE OUTLOOK FOR TOMORROW
The market dropped in early trade after opening high at the level of 6822 .It extended initial losses and hit fresh intraday low 6742  in morning trade. It trimmed intraday losses in early afternoon trade. Key benchmark index  continued hovering in negative territory in afternoon trade.. The Nifty future  fell 56 points to 6,764 , its lowest closing level since 16 April 2014. The index hit a high of 6,822  in intraday trade. The index is poised for a crucial session—either the index posting a much lower low around the 6750-mark or less and then bouncing back to close above 6800.

NIFTY OUTLOOK FOR 29-04-14

For IDFC STRANGLE  STRATEGY visit our blog option

SBIN future  And DLF future calls given in last post achieved first target.

NIFTY FUTURE OUTLOOK FOR TOMORROW

As we have predicted nifty level of 6820-6840 proved to be most critical for the day. Nifty future managed to cross the level of 6840 and made a high  of 6843 in intraday trade. Nifty made a low of 6808  today. The level 6800 provided  good support throughout the day. The Nifty looks quite strong ; there is a possibility of the index moving up  to test even higher  levels ....

KEYS TO TRADE IN NIFTY FOR 22-04-2014

• On Monday the rupee lost  30 paise to end the day at almost one-month low of 60.59 against the dollar due to fresh demand for the US currency from importers
• Trading Nifty futures on the Singapore stock exchange indicates a flat opening . 
• Down jones 40 points up  16,449
• NIKKIE 44 points up  @14,556.52
• HENG SENG 51  points down @22,708
• Upcoming result : HDFC Bank Ltd.MRF Ltd.,Rallis India Ltd.,VST Industries Ltd.Tata Elxsi Ltd.

NIFTY ATTAINED RECORD CLOSING HIGH

CASH DELIVERY CALL : "Buy Exide ind. above 130 TG 148,162 SL 119"

NIFTY FUTURE OUTLOOK FOR TOMORROW
The market may remain volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month April 2014 series to May 2014 series. The April 2014 F&O contracts expire on Wednesday, 23 April 2014. The stock market remains closed on Thursday, 24 April 2014, on account of Parliamentary elections in Mumbai constituency. Nifty was up 38 points  to 6,827, a record closing high for the index.....
The index hit a high of 6,849 in intraday trade, a lifetime high for the index. The index hit a low of 6,801 in intraday trade. Tomorrow, once we see the Nifty sustaining above 6820, we can expect it to test the important supply zone between 6850 and 6870—this happens to be the most critical levels for the day as well. Even if the index were to cross the upper boundary of the most critical supply zone levels, we do not expect it to take out the strong resistance zone between 6830 and 6850 range.

NSE NEWS FOR TODAY 21-APRIL-2014

• The rupee on Thursday gained by 8 paise to close the day at 60.29 against the dollar in line with the surge in stock markets, breaking three-day losing streak.
• Trading of CNX Nifty futures on the Singapore stock exchange indicates a flat opening
• Down jones 16  points down 16,408.
• NIKKIE 91 points up  @14,607.
• HENG SENG 64 points up @22,760
• Upcoming result : Hindustan Zinc Ltd. , LIC Housing Finance Ltd. , Priti Mercantile Company Ltd. , HEG Ltd. , Supreme Petrochem Ltd.