NIFTY FUTURE PREDICTION FOR THURSDAY 03-JULY-2014

It looks like that much talked about pre-budget rally, it is finally here in anticipation of a strong pragmatic Budget. Both the Sensex and the Nifty rose to their fresh lifetime highs in trade today, Sensex rallied over 230 points to hit its fresh lifetime high of 25749 in trade. Tracking the momentum, the Nifty index also managed to rally over 60 points to hit its fresh record high of 7700, supported by gains in banks, capital goods, The market breadth indicating the overall health of the market was strong due to having expectations of a growth oriented Budget. The index was paused for sometime but today it looked as it is just about to move up again in today’s session with a strong momentum to begin with. Today nifty future started at 7709 made a high of 7758 and low of 7702 and closed at 7748 total 56 points was moved by nifty future. Today the level of 7000 was decisively taken out by nifty future, but it was not having so much movement. Tomorrow once the Nifty gets past 7750 and stays above than we can expect it to scale up and test the supply pressure around the level of 7750. Between 7700 and 7729, it could face considerable supply overhang but once this zone is taken out decisively, we are likely to see further up moves that would help it cross levels between 7700 and 7850 going forward. Unless the index closes below 7580, all intraday dips could well see the bulls creating fresh positions at lower levels.

WATCHING THE MARKET CLOSELY

Stock market is very unpredictable and if you are someone who is willing to take some risk then you can go for it. But there are some important points to remember so as to keep yourself risk free from the situation. You have to know the proper timing when and where to invest in the market. If you feel that you do not have the right knowledge of the market then you should never go for investing your money in the market. It is also very important for you to keep updates of all the different stocks that are present in the market. You have to know the benefits that you would get by watching the market closely. It all depends on how you are able to take your decision to invest in the right stocks. You have to make sure that the stocks that you are willing to invest your money would give you the best profit. In this case you should know about the sensex, stock tables, charts…etc. When you find that the performances of a particular stock is showing good profits, then you can invest in that stock. But you can never guarantee that the stocks which are showing good profits would also remain the same in the future. This is why you have to think twice before investing in the market. You cannot by any means lose all your money in the market by simply investing without any proper research. So try to give your best efforts in getting the best stock for you.

NIFTY FUTURE PREDICTION FOR WEDNESDAY 02-JULY-2014

Range bound movement was witnessed in market today. The Sensex ended a range bound session over 100 points up led by gains in auto, metals and capital goods sectors. The sensex ended at 25,516. It touched intraday high of 25,571 and a low of 25,466 in trade today. The Nifty closed at 7,638. It touched intraday high of 7,649 and a low of 7,618 in trade today. While the Nifty future started at 7646 made a high of 7678 and low of 7637 and closed at 7668, total 41 points was moved by nifty future. Yes, it was a decisive day yesterday with the Nifty posting a breakout above the 7600level. Now, it remains to be seen how it negotiates with the supply zone between 7635 and 7670 and move further up. Once the above supply zone is cleared with real strength then even the level of 7700, the earlier high, would not matter so much for the index or its bulls. Indications are very clear that unless the Nifty falls below 7560 through 7540 support area, the bulls would use all intraday dips as

buying opportunities. Above the 7700 level, the next levels to watch out for would be 7720 through 7750 resistance zone. As of now, only a close below 7460 would tilt the scales again.

MARKET EYES ON BUDGET 2014 FOR STRONG DIRECTION

More few day are left for upcoming budget 2014 . That will be a historic day for the Indian markets when, the benchmark indices hit fresh all-time high and shut shop at record-closing high on the back of strong inflows from foreign institutional investors on hopes of a reformist Union Budget early in this month.The Indian markets have picked up momentum in the run-up to the Budget 2014, which will provide the much-needed direction to the markets.Most of the expectations are running a little ahead of what the government can actually do midyear, because one has to remember that they have taken up the government by the half of this financial year. Market once again hit all time high till the budget 2014.sensex may touch 26000 & Nifty could approach 8000 levels around Budget time. What we all should expect from the budget is that it should give a little bit of a signal in terms of what the broader direction of policy is likely to be for the rest of the period that the government will be in power.

NIFTY FUTURE PREDICTION FOR TOMORROW 1-JULY-2014

The market kick started the week with a strong rally. The Nifty managed to reclaim 7600, up 102 to end at 7611 while the Sensex was up 313 points at 25413. The Sensex rallied as much as 305 points in trade today, despite muted trend seen in other Asian markets .Tracking the momentum, the Nifty index was trading near its crucial psychological level of 7600, supported by gains in banks, capital goods, and power and realty stocks. Today Nifty future started at 7556 made a high of 7649 and low of 7555 and closed at 7623, total 93 points was moved by nifty future. For tomorrow nifty future will move in a range of 7650-7680 nifty will try to touch the level of 7695 and at the other side 7594 will be proved as very good supporting level for nifty future. Stock market will most likely see bullish trends this week in the run up to Union Budget as investors pin hopes on strong reform measures to rev up the economy. The pre-Budget rally begins from this week.

BASICS OF INTRADAY TRADING

when someone buys & sells a financial instrument or vice versa on a same day it is termed as intraday trading. Many people around the world do intraday trading to earn quick money. This is not a real investment rather it is just moving your money in stocks or futures to gain profit out of market fluctuations. An experienced day trader can predict the price movement of the instrument by either reading technical charts or by acting on news about. But not every day trader is an experienced technical chart reader or knows exact inside news beforetime. Thus they should take help of advisers to be their guide for profitable trades.

Some Tips for Intraday Trading:-

Intraday traders must use following strategies and intraday tips to minimize losses & maximize profits.

v  Decide your trading amount for every trade, it should always remain constant. Never change your trading amount for every trade. Go by the amount of trading and not by the quantity. Quantity should be decided by amount of investment.

v  Never invest more than 3-4% of your total portfolio amount in a single trade.

v  Always use stop-loss while doing intraday trading.

v  Take a loss wherever necessary. This helps you protect your money for further losses remember we said use stop loss.

NIFTY FUTURE PREDICTION FOR MONDAY 30 JUNE-2014

This whole week market index were marginally lower. in the week ended Friday the Sensex edged lower in three out of five trading sessions in the week just gone by. On Friday morning the Asian markets are down a tad lower while the July Nifty future is up only marginally albeit on low volume. Nifty future started at 7550 made a high of 7569 and low of 7512 and closed at 7545, total 57 points was moved by nifty future. Nifty future needs to reclaim the level of 7550 and stay above that to show some sign of a return of strength. So long it remains below that level, fresh buying is unlikely to emerge in any big way. On the

NIFTY TECHNICAL CHECK UP

After being long since 5500 levels and riding the full momentum, We thought of revisiting the Nifty Technical Set-up and come up with an outlook and possible scenarios on the eve of Modi Government’s Maiden budget to benefit the subscribers, Advisors, Dealers, Investing community and other market participants in large

While there is no doubt, that we are in a “Bull Market” and should stay invested in equities, the only question that remains unanswered is the entry point and timing. Entry point and timing is especially crucial for investors/ portfolio managers who were caught unaware by this tremendous rally and who remained on the sidelines by choice or by compulsion.

Few Technical observations

~ Nifty has rallied exactly 50% from August low of 5119 to recent high of 7700 in flat 9 months.

~ An index giving 50% return in just 9 months after 6-7 years of consolidation tells us something. It is shouting from the top of the roof that the “Bull Market” has started and is here to stay for a longer period of time

~ Nifty has however become highly overbought and has rallied ahead of its time by showing such a tremendous performance

Possible Scenarios’s

~ In such a scenario where Nifty has become overbought and has rallied ahead of it’s time, 2 things can possibly happen.

a)      Price Wise Correction

b)      Time wise Correction

~The Basic tenets of “technical Analysis” will help us to answer the question of the magnitude of Price Wise Correction and/or time Correction. The Basic tenets of Technical Analysis are

a)      The market Discounts everything

b)      Price moves in Trends

c)       History repeats itself

~ We believe markets have very well factored in the “Formation of Modi Government” and therefore are not able to sustain above May 16 highs and hence investing just on the basis of new government in centre would be a repetitive loop which could backfire. In other words we need fresh trigger points for the Nifty to move up going forward...