Bears continued to grip the markets…!!!!
Nifty came down below 10600 mark, due to uncertainties surrounding the global
market and upcoming US FED policy. However, towards the closing, market managed
to recoup some of the losses supported by strengthening rupee and short
covering ahead of F&O expiry. Nifty managed to close above 10650 at 10652,
today it has made a high of 10690 & low of 10583.
Tuesday, January 29, 2019
Monday, January 28, 2019
NIFTY PREDICTION & FREE OPTION TIPS FOR 29 JAN 2019
Bulls are on back foot, Bears continued
to rule on dalal street … Nifty has started the week on negative note as uncertainty over global
trade negotiation and US FED policy later this week added volatility. The Nifty extended downtrend on first
day of the expiry week and closed below psychological 10700 levels as investors
may be cautious ahead of Interim Budget to be announced on February 1 and
expiry of January F&O contracts on January 31. Index has opened on
bearish note and gradually declined as the session progressed & finally
closed at 10661 down by 119 points. Nifty has started from 10792 made a high of
10804 and low of 10630.
Friday, January 25, 2019
NEXT WEEK NIFTY PREDICTION & CHARTS 28 JAN TO 1 FEB 2019
WEEKLY RESISTANCE FOR
NIFTY: 10930, 11000, 11100
PIVOT
POINT: 10800
WEEKLY
SUPPORT FOR NIFTY: 10700, 10600, 10500
WEEKLY CHART FOR NIFTY 
DAILY RESISTANCE FOR NIFTY: 10850, 10950, 11050
PIVOT POINT: 10750
DAILY SUPPORT FOR NIFTY: 10700, 10650, 10600
DAILY CHART FOR NIFTY
Bears were the winner of this week nifty finished the week
at 10780. This week was period of
consolidation for our market. It seems that nifty was a bit unsure about near
term direction. One day we see nifty trading with immense strength and then
there is no follow up move. Post recent breakout from a ‘Diamond’ pattern, nifty
consolidated for few days. The week began on a sluggish not. During the initial
trade, we saw some nervous trades, but immediately after 15 minutes, a sudden
spurt seen in the benchmark index to surpass previous week’s high. However,
during the remaining part of the day, index consolidated in a small range to
conclude the session by adding half a percent to the bulls’ kitty. Monday &
Tuesday’s close above 10950 kept the hopes alive. But, Wednesday’s sharp
selloff in ‘ITC’ post its quarterly numbers has poured complete water on it.
Within last 45 minutes of trade, nifty was back to the previous breakout points
of 10830. On Thursday nifty witnessed a mild positive opening. Subsequently, we
witnessed a very boring first half as the index traded within a narrow range.
However, the last hour of the day brought some momentum on the announcement of
new MD & CEO of Yes Bank. A sharp upsurge in this Nifty stock brought
optimism which pulled back the index higher from the lower levels to eventually
end with marginal gains at 10850. On Friday nifty finished all the gains of
this week & closed below 10800 zone.Now all eyes of interim budget 2019 tabled in Lok Sabha on
February 1, 2019.
NIFTY: A STRONG SUPPORT WILL BE @ 10700; STRONG
RESISTANCE LEVEL SEEN @10930Thursday, January 24, 2019
NIFTY PREDICTION & FREE OPTION TIPS FOR 25 JAN 2019
MINDTREE STRANGLE STRATEGY BOOK PROFIT
PROFIT OF 33600
Lackluster trading session has ended on positive note global cues as political uncertainty in the US and worries about weakening global economic growth weighed on investor sentiment. . Nifty ended the day on a positive note, but ended the session below 10850. At the close of market hours, the Sensex was up 86 points at 36195, and the Nifty up 18 points at 10849. Some more choppiness could be witnessed in the upcoming session. The recent swing low of 10798 levels could help bears to rule. Now 10750 levels has become an impotent level for nifty.
Wednesday, January 23, 2019
NIFTY PREDICTION & FREE OPTION TIPS FOR 24 JAN 2019
MINDTREE STRANGLE STRATEGY BOOK PROFIT
Fast-moving consumer goods
(ITC) & concerns about global economic slowdown changed the direction of
market on Wednesday. The Sensex came
down 336 points to settle at 36108 while Nifty ended below 10850 level at
10831, down 91 points. Investors are wary of a mixed government, as reforms
would be tougher to go through, and it could also lead to a loosening of
monetary policy.
Tuesday, January 22, 2019
NIFTY PREDICTION & FREE OPTION TIPS FOR 23 JAN 2019
BUY FEDERALBNK 92.5 CALL @ 0.9-1 TGT 1.4/1.8
NIFTY TODAY
NIFTY TODAY
Bulls
were in relaxing mood on Tuesday. After 5 days run bulls were taking breathe.
On expected lines the market did not take any directional call and oscillated
in a defined range . The Sensex was down 134 points at 36444, while Nifty
was down 39 points at 10922 tracking
weakness in Asian peers on concerns about global growth, a day after the
International Monetary Fund cut its global growth forecasts..
NIFTY TOMORROW
NIFTY TOMORROW
Monday, January 21, 2019
NIFTY PREDICTION & OPTION TIPS FOR 22 JAN 2019
Bulls
marched up & took the charge in opening hours of market & took nifty
above 10975 resistance level, but bears did not loosed the positions &
recaptured there seat in the closing hours. Market sentiments were driven by positive
Asian cues and the spike in Reliance Industries. After a flat start followed by
marginal dip in early trade nifty rallied sharply and remained above 10950
levels for major part of the session to hit an intraday high of 10987. The nifty
closed 55 points higher at 10961, the highest closing level since 19 December
2018.
Friday, January 18, 2019
NEXT WEEK NIFTY PREDICTION & CHARTS 21 JAN TO 25 JAN 2019
WEEKLY RESISTANCE FOR NIFTY:
11000, 11100, 11200
PIVOT
POINT: 10850
WEEKLY
SUPPORT FOR NIFTY : 10800,10700,10600
WEEKLY CHART FOR NIFTY
DAILY RESISTANCE FOR NIFTY:
10975, 11025, 11075
PIVOT POINT: 10900
DAILY
SUPPORT FOR NIFTY: 10875, 10825, 10775
Bulls were the winner of this week race. Nifty
closed the week above 10900 mark. Trading for the week began on a flat note
despite weak cues from the global peers. However, this subdued opening was
merely a formality as we saw index taking a nosedive right from the word go and
within no time we were well off the opening point. Although, index remained
under pressure for the major part of the day, there was some modest recovery
seen during last hour to trim some portion of losses. Tuesday was undoubtedly the best day so far of
the new calendar year. Firstly, we had a good trended move throughout the day
and importantly, we finally broke out from the recent congestion zone in the
upward direction. Since last few days, traders’ fraternity across the globe was
keeping a close eye on important development with respect to the BREXIT.
However, it turned out be a nonevent as we saw no major reaction on the global
front. Wednesday morning, our markets opened on a flat note and then
consolidated in a slender range throughout the day to eventually conclude
around the opening point with negligible gains. Undoubtedly, no one would have
expected such a lethargic day of trade, especially after Tuesday’s massive bump
up to surpass key near term hurdles. Since there was no movement during the
day, the chart structure remains the same. In last couple of days, US markets have once
again started marching northwards and in-line with this, on Thursday market
opened higher after Wednesday’s quiet day of trade. Subsequently, index
consolidated for a while; however post the mid-session, we saw aggravated
profit taking across the board. At one point, things did not look good but
fortunately for us, strong buying emerged at lower levels to pull the index
back above the 10900 mark to eventually conclude with negligible gains.
NIFTY: A STRONG SUPPORT
WILL BE @ 10750; STRONG RESISTANCE LEVEL SEEN @11200
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