.

# NIFTY FUTURE for 2/2/2009 Updated.

2010-02-02T08:01:00.003+05:30

Taken a good support at the Trendline. Minor resistance seems at 4937 levels. Buy nifty above 4890 with a SL of 4800 , Targets 4937 / 5023 / 5085.

Funny Time

2010-01-08T08:09:00.002+05:30

# NIFTY FUTURE for 11/12/2009 Updated.

2009-12-11T08:17:00.002+05:30

Nifty moving within a Triangle. Triangle height 150 Points. If breaks 5150 on Upper side with volumes, then next target seems to be 5191 / 5232 / 5280. If breaks 5080 on downside with volumes then next target seems to be 4955 / 4930.

# NIFTY FUTURE for 7/12/2009 Updated.

2009-12-07T08:22:00.002+05:30

Nifty Future major resistance seems near 5201 - 5208 range, Today if breaks and closses above with volumes means then we will move to next upper targets 5277 / 5355. If close is below 5095 then only market will take a U-turn.

# NIFTY FUTURE for 4/12/2009 Updated.

2009-12-04T08:57:00.004+05:30

IF today's close is above 5200 then only we are heading towards 5277 / 5355. Else if today's close is blow 5095 then downside target is 4996 / 4950. Today's clos is crucial for market.

# NIFTY FUTURE for 2/12/2009 Updated.

2009-12-02T08:46:00.002+05:30

Yesterday Ondot we reached our target. For today if breaks 5139 next Major resistance seen at 5169. So we have to wait if breaks 5169 with volumes and holds for 5/10 min then BUY Nifty for next targets 5193 / 5220 / 5249 / 5275 / 5350.

# NIFTY FUTURE for 1/12/2009 Updated.

2009-12-01T08:05:00.003+05:30

Today if Nifty trades below 5005 for 5/10 min short nifty for a target of 4937 / 4905. SL- 5069. If trades above 5073 with volumes for 5/10 min , then targets are 5091 / 5108 / 5139.

# NIFTY FUTURE for 30/11/2009 Updated.

2009-11-29T21:45:00.003+05:30

BUY Nifty above 4930 for a target of 4995 / 5010 / 5042 / 5060 SL 4925. Minor resistance seems at 4995 range. Major Resistance seems near 5076 - 5091.

# NIFTY FUTURE for 24/11/2009 Updated.

2009-11-24T08:01:00.002+05:30

Nifty is moving up..up...up without giving any reversal signs, with less volumes. Now target seems to be 5168 on the higher side. If breaks 5168 and closses means then next target is 5317. Now stoploss for this long is 4980 on closing basis.But be cautious on your longs, use strict stoploss on your longs.

# NIFTY FUTURE for 11/11/2009 Updated.

2009-11-12T08:44:00.000+05:30

BUY Nifty for a target of 5045 / 5075 with Strict SL of 4980.

# NIFTY FUTURE for 10/11/2009 Updated.

2009-11-10T08:51:00.002+05:30

Stiff Resistance seen at 4982, if breaks and holds up for 5/10 min then next targets are 5020 / 5048 / 5075.

# NIFTY FUTURE for 6/11/2009 Updated.

2009-11-06T08:03:00.003+05:30

As said in my previous post its a dead cat bounce. Yesterday we moved up with a good volumes. If anybody long can book profit at 4850 levels. We may see stiff resistance at 4863. If breaks up with volumes and holds for 5/10 min then next target is 4918 - 4925 range.

Negative divergence seen in 5 min Chart, so with minimum risk ( 13 Points ) one can short near 4850 range with strict SL as 4863.

Our downside target 4400 is Intact.

# NIFTY FUTURE for 3/11/2009 Updated.

2009-11-03T08:58:00.002+05:30

After a huge fall we may see a Dead Cat bounce today since all the indicators are showing oversold levels. Upto 4800 levels we may see a bounce. Try to exit longs, no fresh longs here. One can build positional shorts at higher levels. Our target 4400 is still Intact.

# NIFTY FUTURE for 28/10/2009 Updated.

2009-10-28T08:17:00.001+05:30

Decesive break below 4815 will further move down to 4783 / 4768 / 4722. But Positive divergence on cards, so at any suuport level Nifty can take a " U - Turn ".

# NIFTY FUTURE for 27/10/2009 Updated.

2009-10-27T09:26:00.002+05:30

Today if Nifty breaks 4965 next support at 4938 and 4920. But Positive divergence seen on cards in 1 hour chart, so sharp reversal ( Upwards ) may happen at supports. Do be carefull on your shorts.

# NIFTY FUTURE for 26/10/2009 Updated.

2009-10-26T08:54:00.002+05:30

Above 5053 market is Bullish.

Below 4970 maeket is Bearish. We have to wait and watch today.

# NIFTY FUTURE for 23/10/2009 Updated.

2009-10-23T09:08:00.004+05:30

Today above 5020 can go long for a target of 5070 / 5090 sl 4972. If today’s close is below 4970 absolute weakness for Nifty. If today it closes below 4970 means next target is 4400.

Be carefull on your longs.

A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 22/10/2009 Updated.

2009-10-22T08:16:00.002+05:30

Nifty EOD Chart.

Yesterday Nifty has taken a good support at trendline. Today if breaks 5055 then watch panic selling upto 5020.

Be carefull on your Longs.

# NIFTY FUTURE for 16/10/2009 Updated.

2009-10-16T09:05:00.001+05:30

Nifty Future EOD Chart.

Today 5145 will act as major resistance. Negative divergence seen. If breaks this with volumes
and trades above this level for 5/10 min then next target is 5174 / 5192.
Be carefull on your longs.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 15/10/2009 Updated.

2009-10-15T09:15:00.001+05:30

Nifty Future EOD Chart.

Today 5178 – 5180 will act as major resistance. Negative divergence seen.
Be carefull on your longs.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 12/10/2009 Updated.

2009-10-12T09:34:00.002+05:30

Nifty Future Hourly Chart.

Today above 4966 go long for a target of 5000 / 5020 / 5045, Strict SL – 4923.
If open , High same wait to take long position, until it cuts High.

If breaks 5160 on upper side and closes with volumes means then next target will be 5557.

Major Support, Watch 4905 on Closing basis.If close below this then sqoff all longs, Watch panic selling upto 4350.

A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade

# NIFTY FUTURE for 9/10/2009 Updated.

2009-10-09T09:46:00.002+05:30

Nifty Future EOD Chart.

Yesterday it was a harami bar.
Today above 5053 go long for a target of 5070 / 5080 / 5046 / 5088, SL – 5026.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
Major Support, Watch 4967 on Closing basis.If close below this then sqoff all longs.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 8/10/2009 Updated.

2009-10-08T09:25:00.002+05:30

Nifty Future EOD Chart.

Today market will dance to Reliance Tune (1 : 1 Bonus Given, Positive Trigger for Market). Yesterday Perfect support taken at 4967 ( Major Support ) Levels and closed above it.

Today above 4991 go long for a target of 5022 / 5035 / 5046 / 5063 / 5072, SL – 4963.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.

A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade

# NIFTY FUTURE for 7/10/2009 Updated.

2009-10-07T09:39:00.002+05:30

Nifty Future EOD Chart.

For today above 5047 ( if holds for 5/10 min ) go long for a target of 5062 / 5089 / 5115 /
5130 .Sl – 5024.

5160 Major Resistance.

If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up.Dont get trapped on the hogher side, Use strict SL in your Trade.

# NIFTY FUTURE for 6/10/2009 Updated

2009-10-06T09:57:00.002+05:30

Nifty Future EOD Chart.

For today above 5020 ( if holds for 5/10 min ) go long for a target of 5040 / 5152 / 5133.Sl – 4995. Below 4982 panic selling can be seen.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in hourly chart, but still Bulls are not giving up.

# NIFTY FUTURE for 5/10/2009 Updated.

2009-10-05T08:44:00.002+05:30

Nifty Future EOD Chart.

Major Support 4967.

As said Nifty got resisted at our First Target 5090 on Thursday.

For today above 5097 ( if holds for 5/10 min ) go long for a target of 5108 / 5120 / 5133.Sl – 5070.

Or Short Near 5133 with SL of 5160. If breaks 5160 on upper side and closes with volumes means then next target will be 5557.

A raising wedge pattern seen in hourly chart, but still Bulls are not giving up. On Thursday FIIs and DIIs are also huge buyers.

TRY READING THIS.

2009-10-04T20:30:00.008+05:30

Olny garet mnids can raed tsih. tihs is wierd, but itstnenirg !

If you raed tihs, you hvae a sntgare mnid too. can you raed tihs ! olny 55 plopee out of 100 can.

I cdnolut bievale taht i cluod aclutaly usnenrtadd waht i was rdaenig. The pomheenanl pewor of hmaun mnid, acnordicg to rreeacsh at Cdarigbme Ueivrsitny, it dseoent mteatr waht odrer the lertets in a wrod are, the olny iompanrtt tnihg is taht fsrit and lsat letetr be in the rghit palce. The rset can be ttlaloy mses and you can siltl raed it wothuit a pbrleom.

Tihs is beusace of the haumn mnid deos not raed eervy letetr by ielstf, but the wrod on a wlohe.

Azimnag huh! Yaeh i aawyls tuhghot snplelig is aylaws iotmpanrt.

FUNNY EQUATION

2009-10-04T19:48:00.006+05:30

EQUATON - 1 :

Human = Eat + Sleep + Work + Enjoy
Donkey = Eat + Sleep
Therefore .......... Human = Donkey + work + Enjoy
Therefore .......... Human - Enjoy = Donkey + Work

In Otherwords

Human that doesnot Know how to Enjoy = Donkey that Work.

EQUATION - 2 :

Man = Eat + Sleep + Earn Money
Donkey = Eat + Sleep
Therefore ................ Man = Donkey + Earn Money
Therefore ................. Man - Earn Money = Donkey

In Otherwords

Man who doesen't earn money = Donkey.

EQUATION - 3 :

Woman = Eat + Sleep + Spend
Donkey = Eat + Sleep
Therefore ............ Woman = Donkey + Spend
Therefore ............. Woman - Spend = Donkey

In Otherwords

Woman who doesen't spend = Donkey

To Conclude from Equation - 1 and Equation - 2 :

Man who doesen't earn money = Woman who doesen't spend.

So man who earns money not let women to become Donkey.
And a Women Spend not to let the man to become a Donkey.

SO WE HAVE :

Man + Woman = Donkey + Earn Money + Donkey + Spend Money

( Earn Money + Spend Money = 0 )

Man + Woman = Donkey + Donkey + 0

FINALLY :

So, Man + Woman = 2 Donkey that live Happily Together.

3 Stages in Life.

2009-10-04T19:41:00.002+05:30

TEEN AGE:
Have Time + Energy .......... but no Money

WORKING AGE :
Have Money + Energy ............ but no time

OLD AGE :
Have Time + Money .............. but no energy

# NIFTY FUTURE for 1/10/2009 Updated

2009-10-01T09:33:00.004+05:30

Nifty Future Hourly Chart.

Above 5068 go long for a target of 5090 / 5100 / 5135 / 5160.Sl – 5047.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in hourly chart, but still Bulls are not giving up. Yesterday also both FIIs and DIIs are also huge buyers.

# NIFTY FUTURE for 30/9/2009 Updated

2009-09-30T09:25:00.002+05:30

Nifty Future EOD Chart.

Below 4982 next target is 4950 level. Above 5024 next target is 5047. Yesterday the volumes
are very very poor ( 1.77 Cr.). Both FIIs and DIIs are Buyers.

# NIFTY FUTURE for 25/9/2009 Updated

2009-09-25T09:42:00.002+05:30

Nifty Future 5 min Chart.

As said yesterday the final target given as 4903, Nifty future made a low af 4908 just 5 points above and zoomed to 4995.

Today, Below 4975 can short nifty for a target of 4941 / 4908 / 4895 / 4889. From 4930 reversal may be possible. If reversed from 4930 and breaks 4995 with volumes means then target may be around 5070.Head and shoulder formation seen but yet to confirm.

# NIFTY FUTURE for 24/9/2009 Updated

2009-09-24T09:32:00.003+05:30

Nifty Future 5 min Chart.

Yesterday trendline boken and came down with heavy volumes. But still both FIIs and DIIs are huge buyers. Still Bulls dont want to surrender it seems. Today if trades Below 4940 with volumes for 5/10 min then next target is 4928 / 4919 / 4903.

# NIFTY FUTURE for 22/9/2009 Updated

2009-09-22T09:38:00.001+05:30

Nifty Future EOD chart

A raising wedge pattern seen in EOD chart and volumes on this upmove is also not convincing.
Maximum it can move upto 5053 / 5122 / 5136 Levels. But yesterday both FIIs are huge buyers. Today if trades below 4940 for 5/10 min then we can short Nifty for a target of 4917 / 4890 / 4876. BE CAREFULL ON THIS UPMOVE.

# NIFTY FUTURE for 18/9/2009 Updated

2009-09-18T09:37:00.001+05:30

Nifty Future Hourly Chart.

A raising wedge pattern seen on Hourly chart and volumes on this upmove is also not convincing. Took a good support at 4955. Maximum it can move upto 5053 / 5136Levels. But yesterday both FIIs and DIIs are huge buyers. Today if trades below 4950 for 5/10 min then we can short Nifty for a target of 4927 / 4901 / 4876.

# NIFTY FUTURE for 17/9/2009 Updated

2009-09-17T09:03:00.001+05:30

Nifty Future Hourly Chart.

A raising wedge pattern seen on Hourly chart and volumes on this upmove is also not convincing. If opens Gap up or at 4998 avoid buying at these levels. Maximum it can move upto 5053 / 5136 levels. But yesterday both FIIs and DIIs are huge buyers. A close below 4880 problem for Bulls.

# NIFTY FUTURE for 16/9/2009 Updated

2009-09-16T09:24:00.002+05:30

Nifty Future EOD Chart

BUY above 4910 for a target of 4954 / 4998. SL – 4880. If opens Gap up or at Targets avoid buying at these levels. A raising wedge pattern seen on EOD chart and volumes on this upmove is also not convincing.

# NIFTY FUTURE for 14/9/2009 Updated

2009-09-14T09:57:00.001+05:30

Nifty Future 5 Min Chart

Today above 4869 can go long for a target of 4890. Support at 4815. Be very careful on your longs, Put Strict SL. Triangle pattern seen on cards. Decisive breakout will give 100 points. Short below 4790 for Target 4770 / 4735 / 4695.

# NIFTY FUTURE for 11/9/2009 Updated

2009-09-11T09:51:00.000+05:30

Nifty Future EOD Chart.

Today above 4827 can go long for a target of 4847 / 4857 . Support at 4816. Stiff resistance at 4868. Be very careful on your longs, Put Strict SL. Better to short near 4858 with SL of 4870
Target 4816 / 4806 / 4770 / 4735 / 4695.

# NIFTY FUTURE for 10/9/2009 Updated

2009-09-10T09:46:00.001+05:30

Nifty Future EOD Chart

Today above 4833 can go long for a target of 4845 / 4866 ; SL - 4809. Support at 4780. Stiff resistance at 4845.Be very careful on your longs, Put Strict SL. Market moving UP with Less Volumes.

# NIFTY FUTURE for 9/9/2009 Updated

2009-09-09T09:21:00.002+05:30

Nifty Future EOD Chart

Today below 4823 and not breaking yesterday’s high 4845 will favor bears only. May have support at 4780. If breaks support then next targets are 4750 / 4710 / 4693. So one can short Nifty below 4823 with strict SL of 4845 for targets of 4780 / 4750 / 4710 / 4693.

# NIFTY Future for 8/9/2009 Updated

2009-09-08T09:31:00.001+05:30

Nifty Future EOD Chart

Nifty future crossed 4750 and closed above it. The volumes are not convincing for the breakout. Above 4806 we may move upto 4823 / 4865. Be carefull on this upmove. Hurdle at 4823.

# NIFTY FUTURE for 7/9/2009 Updated

2009-09-07T09:39:00.001+05:30

Nifty Future EOD Chart

Crossover Above 4750 with volumes only will favor Bulls for a target of 4870 / 5050 . Trendline Support at 4570.

# NIFTY FUTURE for 4/9/2009 Updated

2009-09-04T09:47:00.001+05:30

Nifty Future EOD Chart

Crossover Above 4636 with volumes will favor Bulls for a target of 4660 / 4674 . Trendline Support at 4549. Breaks 4549 with volumes means next halt at 4500.

# NIFTY FUTURE for 3/9/2009 Updated

2009-09-03T09:19:00.001+05:30

Nifty Future EOD Chart

Above 4620 will favor Bulls for a target of 4660 / 4684 / 4695 / 4713 / 4720. May see resistance at 4660 levels crossover with volumes will move the market to next levels.

# NIFTY FUTURE for 2/9/2009 Updated

2009-09-02T09:57:00.002+05:30

Nifty Future EOD Chart

The downside target of this trend is upto 4550 / 4515 / 4500. Trend line support at 4515 levels. If breaks with volumes and closes below 4500 means then freefall upto 4462 / 4440 / 4340. But in my view we may see a little bounce from 4515 levels before falling further,.

# NIFTY FUTURE for 31/8/2009 Updated

2009-08-31T09:40:00.001+05:30

Nifty Future 5 Min chart

Still Bulls don’t want to surrender it seems. On Friday it gave breakout of 4730,but the volumes are not convincing. But both FIIs and DIIs are buyers. Raising wedge pattern ( Bearish Pattern ) seen. Nearing the danger zone.

# NIFTY FUTURE for 28/8/2009 Updated

2009-08-28T09:25:00.001+05:30

Nifty Future EOD Chart

Negative divergence seen in EOD chart and a raising wedge pattern seen, maximum upmove upto 4730 - 4760 levels. Nearing the danger zone. Yesterday it was a Choppy day.

# NIFTY FUTURE foir 26/8/2009 Updated

2009-08-26T09:17:00.002+05:30

Nifty Future EOD Chart

Negative divergence seen in EOD chart and a raising wedge pattern seen, maximum upmove upto 4730 - 4760 levels. Nearing the danger zone.

# NIFTY FUTURE for 25/8/2009 Updated

2009-08-25T10:05:00.003+05:30

Nifty Future 5 min Chart

Negative divergence seen in 5 min chart. Major support at 4623.If moves up also maximum it can move upto 4730 levels only. If breaks 4730 on upperside with volumes and holds for 5/10 min means then another Bull run starts, but chances are very remote.

# NIFTY FUTURE for 24/8/2009 Updated

2009-08-24T09:26:00.003+05:30

Nifty Future 5 Min Chart

Triangular pattern seen. Had a good breakout at 4500 range. So keeping 4495 as our Major support, we can go long for Targets of **** / 4650 / ****.

# NIFTY FUTURE for 21/8/2009 Updated

2009-08-21T09:32:00.003+05:30

Nifty Future 5 Min Chart

Yesterday it Exactly opened at our resistance level 4445 and moved up for our 2 targets.

For today Support at 4440, if breaks with volumes and holds below for 5/10 min then Targets are 4422 / **** / **** SL ****.

On the higher side Resistance at 4504, if breaks with volumes and holds up for 5/10 min then next targets are 4515 / **** / **** / ****. SL – ****

# NIFTY FUTURE for 20/8/2009 Updated

2009-08-20T09:43:00.001+05:30

Nifty Future 5 Min Chart

Today resistance at 4445, Crossover with volumes above may take to 4470 / 4495 / 4515. Support at 4340. Above this support level 4340 Bulls will be in control of the market.

For cash Market : BUY Relinfra above 1110 for a target of 1165 and 1190. SL 1067

# NIFTY FUTURE for 19/8/2009 Updated

2009-08-19T08:48:00.001+05:30

Nifty Future 5 min Chart

Once again Yesterday it was an Inside Bar ( Harami Bar ).

Go long above 4505 Target 4515 / 4522 / 4545 / 4572 / 4584 / 4623.
Go Short below 4350 Target 4320 / 4311 / 4266 / 4247 / 4220

# NIFTY FUTURE for 17/8/2009 Updated

2009-08-17T09:58:00.002+05:30

Nifty Future 5 Min chart

On Friday Nifty Future made a Harami Bar. Above 4612 go long Target 4674. Below 4550 go
Short Target 4515 / 4478. Still Negative divergence on Card.

# NIFTY FUTURE for 14/8/2009 Updated

2009-08-14T09:23:00.001+05:30

Nifty Future 5 min Chart

Above 4624 Nifty may go upto 4655 / 4674 levels. Even Probability upto 4730 is not ruled out.If today’s close is below 4535 once again a bearish close on weekly basis. Negative divergence seen on 5 Min Chart

# NIFTY FUTURE for 13/8/2009 Updated

2009-08-13T09:40:00.003+05:30

Nifty Future 5 min Chart

Yesterday Nifty Future closed above 4440. Can go long above 4440 .Major resistance at 4515,

if breaks next target is 4536 - 4540 / 4585. Global cues are also supporting longs.

# NIFTY FUTURE for 12/8/2009 Updated

2009-08-12T09:35:00.006+05:30

Nifty Future 5 min Chart

Nifty getting consolidated and started to move in the range of 130 Points.

If trades above this level and not breaks this level 4387, Buy nifty above 4516 Target 4548 / 4571

If breaks today this level ( 4387 ) short Nifty 4379 / 4318 / 4305 / 4225.SL - 4390

On weekly basis Nifty gave a bearish close.

# NIFTY FUTURE for 11/8/2009 Updated

2009-08-11T09:29:00.002+05:30

Nifty Future 5 min chart

Nifty has taken a good support at our yesterday’s level 4387.

If trades above this level and not breaks this level 4387 Buy nifty above 4410 Target 4435 / 4466 / 4475 / 4495 / 4512 SL - 4378

If breaks today this level ( 4387 ) short Nifty 4379 / 4318 / 4305 / 4225.SL - 4390

On weekly basis Nifty gave a bearish close.

# NIFTY FUTURE for 10/8/2009 updated

2009-08-10T10:01:00.008+05:30

Nifty Future 5 min Chart

Nifty has taken a good support at the trend line and we are in the second wave. And Positive divergence( Bullish Pattern ) ( Yellow Arrow marked ) on cards on Friday. Above 4530 – 4540 and holds for 5/10 min with Volumes then can go long. Targets are 4566 / 4597 / 4628, SL – 4465.

Below 4465 if trades with volumes then next target is 4415 / 4387.

On weekly basis Nifty gave a bearish close.

# NIFTY FUTURE updated for 7/8/2009

2009-08-07T09:35:00.003+05:30

Nifty Future EOD Chart

Nifty Future broke the range and closed below it. Today below 4552 again weakness persists and it may go down upto 4535 – 4507 range. If today’s close is below 4530 then real problem for Bulls.

Above 4595 bulls will take control and may move upto 4656 – 4662 range.

# NIFTY FUTURE update at 2.15 PM

2009-08-05T14:15:00.002+05:30

Nifty Future 5 min Chart

Nifty future formed a Symmetrical Triangle pattern. On breakout with volumes on upperside ( 4715 ) the target seems to be 4770 / 4840.

# NIFTY FUTURE for 5/8/2009 Updated

2009-08-05T09:28:00.003+05:30

Nifty Future EOD Chart

Yesterday Nifty Future made a HARAMI Bar ( Inside Bar ). Can go long above 4175 and short below 4635. Minimum Target is 80 Points.

# NIFTY FUTURE for 3/8/2009 updated

2009-08-03T09:43:00.006+05:30

Nifty Future Hourly Chart

In Hourly chart it exactly resisted by upper line. Today if breaks 4705 on upper side with huge volumes then probable target is 4735 / 4828. If breaks with huge volumes 4705 on upper side and closes today means Head & Shoulder pattern will be validated and target is 5100 levels in coming days.

Today it will be a crucial day.

Nifty Future Weekly Chart

In weekly chart nifty future made a Hammer at the top and exactly got resisted at 4654.

# NIFTY FUTURE Update at 2.25 PM

2009-07-30T14:23:00.007+05:30

As said in our morning post we reached our 1st Target. Above 5 min chart shows a raising wedge pattern. If breaks 4530 on downside then next target seems to be 4517 / 4506 / 4475 / 4440.

If Breaks 4572 on upper side with volumes then may go upto 4610.

# NIFTY FUTURE for 30/7/2009 Updated

2009-07-30T09:19:00.001+05:30

Nifty Future - 5 Min

As said yesterday after breaking the support, immediately market tanked and gave 65 Points. For today in 5 min charts major resistance comes at 4525 – 4530 range. Both resistance line and reverse trend line will act as a strict resistance. On break of upside 4525 – 4530 with volumes go long for a target of 4550 / 4572 / 4610.

Support at 4415. On break down with volumes means next Target is 4387.

# Updated at 1.52

2009-07-29T14:41:00.005+05:30

Spot Nifty - 5 Min

As said in our Post after the break of support our Target 65 Points reached within Minutes.

# NIFTY FUTURE for 29/7/2009 Updated

2009-07-29T09:23:00.006+05:30

Spot Nifty - 5 Min

In Spot nifty 5 min chart market is moving in a channel. If breaks the support 4530 with volumes on downside means then probable target is 4470 – 4460 levels. Channel height is 65 Points.

Nifty Future - 5 Min

In 5 min charts we see a Triangular pattern, but heavy selling pressure seen near the Resistance line. A strong up move with heavy volumes needed to break the Resistance line ( 4610 ). Today if breaks above and holds for 10 min with Volumes 4610 - 4630 levels then next target is 4640 / 4662 / 4680 / 4703. If breaks below 4550 then next tgt seems to be 4470 – 4460 levels.

# NIFTY FUTURE for 28/7/2009 Updated

2009-07-28T09:17:00.003+05:30

Hourly Chart

In hourly charts we see a Inverted Head & Shoulder pattern but heavy selling pressure seen near the Resistance line. A strong up move with heavy volumes needed to break the Resistance line. Today if breaks above and holds for 10 min with Volumes 4610 - 4630 levels then next target is 4640 / 4662 / 4680 / 4703. Again yesterday FII’s are huge buyers. But yesterday very poor volumes ( 1.73 Cr ) only. But still we haven’t broke the neckline of the Head & Shoulder. On the lower side 4535 act as a support.

5 Min Chart

In 5 min chart a symmetrical triangular pattern seen. If breaks the support 4535 with volumes on downside means then probable target is 4460 – 4440 levels.

# NIFTY FUTURE for 27/7/2009 Updated

2009-07-27T09:21:00.004+05:30

Hourly Chart

In hourly charts we see a Inverted Head & Shoulder pattern but heavy selling pressure near the Resistance line. A strong upmove with heavy volumes needed to break the Resistance line. Today if breaks above and holds for 10 min with Volumes 4600 - 4610 levels then next target is 4621 / 4662 / 4680 / 4703. Again yesterday FII’s are huge buyers.

5 Min Chart

In 5 min chart support exist at 4550 levels. If today Nifty opens above 4570 means even we can keep 4570 as Buying Stop Loss. Nifty made a raising channel pattern in 5 Min chart. So today it is an important day for the market. Make or Break Situation.

# NIFTY FUTURE for 29/6/2009

2009-06-28T20:34:00.004+05:30

Still bulls dont want to surrender it seems. The upside target seems to be 4500 - 4511 on or before Tuesday. I think that on monthly basis we are going to form DOJI.

# NIFTY FUTURE for 10/6/2009 updated

2009-06-10T09:24:00.006+05:30

*********************************************************************Retail Investor

************************************ FII

Moving always in the direction of FII’s or FII’s direction. The upside target seeme to be 4765.

# NIFTY FUTURE for 8/6/2009 updated

2009-06-08T09:13:00.001+05:30

Still struggling to cross 4658.Negative divergence seen in EOD data. But keep in mind now-a-days volumes are very poor but market is holding the same levels. All indicators are in over bought zone. Any time market may come down heavily. Above 4658 only can go long. Major resistance at 4658

# NIFTY FUTURE for 2/6/2009 Updated

2009-06-02T09:19:00.002+05:30

Our Target 4550 reached. Now 4620 / 4658 will act as a Major resistance. Nifty future is moving up without Volumes. Breaking of 4658 with heavy volumes only it can move up, further for targets of 4698 / 4745 / 4766. This uptrend target seems to be 4766.

# NIFTY FUTURE for 1/6/2009 Updated

2009-06-01T09:11:00.001+05:30

As said in my blogger on 27/5/2009 when Nifty future was at 4110 , I gave the target as 4550.On Friday it made a high of 4495, I think today the target will be reached.

# NIFTY FUTURE updated for 29/5/2009

2009-05-29T09:07:00.002+05:30

Negative divergence seen in 5 Min Chart( Bearish Sign ). If breaks 4355 on Upper side next target is 4418.

# NIFTY FUTURE for 28/5/2009 updated

2009-05-28T09:04:00.002+05:30

Being F&O expiry may see a volatile day or a consolidation day. Overall trend is up.

# NIFTY FUTURE for 27/5/2009 updated

2009-05-27T09:36:00.001+05:30

Nifty Future - 5 Min Chart

Falling Wedge pattern ( Bullish Pattern ) seen in 5 Min chart and Positive divergence ( Bullish Pattern ) also seen.The upside target seems to be 4550

# POSITIONAL STOCK PICKS for 1 WEEK updated on 26/5/2009

2009-05-26T08:57:00.004+05:30

First source solutions Ltd :
BUY Above 25.70 Targets 28.30 / 30.50 / 32.60 SL - 23.00

Blue Bird (India) Ltd :
BUY Above 29.00 Targets 31 / 33.50 / 34.80 sl - 26

# NIFTY FUTURE for 20/5/2009

2009-05-20T09:36:00.002+05:30

Nifty Future has resisted by the price channel and has a major resistance at 4658 levels. With huge volumes Nifty came down yesterday, but FII’s are huge buyers ( 4793 Crores ). We may see a very volatile session today.

# NIFTY FUTURE for 18/5/2009 updated

2009-05-18T09:18:00.001+05:30

Huge gapup seen. Let us wait for the trend before we enter.

# NIFTY FUTURE for 15/5/2009 updated

2009-05-15T09:33:00.002+05:30

NIFTY FUTURE 5 Min CHART

It was a consolidation day yesterday ended in positive. But still we are moving in a channel. Channel, range 3530 – 3730. Till election result market will be a roller coaster. Still Negative Divergence seen.
Triangular formation seen in 5 Min chart. Go long above 3618 TGT 3656 / 3675,SL – 3585. Today once again we may see a consolidation day.

# NIFTY FUTURE for 14/5/2009

2009-05-14T08:50:00.002+05:30

It was a very volatile day yesterday ended in negative. But yesterday FII’s are huge buyers for 4100 crores, but came down with good volumes. Confusing. Till election result market will be a roller coaster, Wait for tht clear direction.

# NIFTY FUTURE for 13/5/2009 updated

2009-05-13T09:30:00.002+05:30

Market rallied yesterday. Today’s lakshman rekha is 3730. 3717 will act as a major Resistance

# NIFTY FUTURE for 12/5/2009 updated

2009-05-12T09:33:00.002+05:30

Yesterday Nifty Future broke the wedge. But yesterday Volumes are very poor (3.07 Crores only). Major support at 3519, if broke today and close below it means weakness started. The down Target seems to be 2850 – 2800 levels .

# NIFTY FUTURE for 11/5/2009 updated

2009-05-11T09:13:00.003+05:30

WEEKLY CHART

Nifty future made a Dojistar in the weekly chart. But Confirmation has to come. But this week market will move according to the political situation. Election Result, so we may see a high volatility. Due to result market may see another gap up opening above 3729 or Gap down opening below 3558 on next Monday. This week may be another consolidation phase

# NIFTY FUTURE for 8/5/2009 updated

2009-05-08T09:26:00.006+05:30

Yesterday Nifty Future made a Haramai Bar. Still Negative divergence and raising wedge pattern seen in both EOD data and 5 Min Chart. BEARISH SIGN. Take positional Short below 3605 or good at 3760 - 3775.Target may be around 3000 – 2800. Still FII’s are buyers.

# NIFTY FUTURE for 7/5/2009 updated

2009-05-07T07:24:00.003+05:30

As said yesterday Nifty Future resisted at our Target of 3730. Still Negative divergence and raising wedge pattern seen in both EOD data and 5 Min Chart. BEARISH SIGN. Yesterday Nifty future made a Hanging man Pattern. Still probability of upmove is possible because nifty future closed above 3638 (at 3.30 pm). Take positional Short below 3605 or good at 3760 - 3775.Target may be around 3000 – 2800.

# NIFTY FUTURE for 6/5/2009 updated

2009-05-06T09:32:00.003+05:30

Negative Divergence seen in EOD Data and Raising Wedge pattern seen.Be carefull on this upmove.Yesterday Nifty spot made a DOJI pattern.Being Nearing thr Target Nifty Future may be very Volatile for one or two days.

# NIFTY FUTURE for 5/5/2009 updated

2009-05-05T09:14:00.002+05:30

Negative divergence seen in EOD dats and raising wedge pattern seen,BEARISH SIGN.Yesterday Nifty Future went up without volumes (2.79 Crores).Be very carefull on this upmove.Above 3520 Target seems to be 3730 - 3770.

# NIFTY FUTURE for 4/5/2009 updated

2009-05-04T09:38:00.002+05:30

Triangular Formation. Above 3520 Target seems to be 3730 – 3770.But Negative divergence seen in Hourly charts and EOD charts. Be cautious on this up move. We are nearing the final target of this rally.

# NIFTY FUTURE for 29/4/2009 updated

2009-04-29T09:18:00.002+05:30

Positive divergence and falling wedge seen in Nifty Future 5 Min chart. If breaks 3390 on upper side with volumes then probability of moving on upper side is possible. Target seems to be 3409 / 3425 / 3460. Today is the last working day for this week. Leave for 4 days. So trade cautiously

# NIFTY FUTURE for 28/4/2009 updated

2009-04-28T09:16:00.002+05:30

Negative divergence seen in EOD chart. Still momentum is up. Today 3514 will act as a strong resistance. If breaks upper side with volumes then next stop at 3700 levels. If today’s close is below 3410 then only we can take positional shorts.

# NIFTY FUTURE for 27/4/2009

2009-04-27T09:35:00.002+05:30

Today 3514 will act as a strong resistance. If breaks upper side with volumes then next stop at 3700 levels.

# NIFTY FUTURE for 23/4/2009 updated

2009-04-23T09:07:00.001+05:30

Still we are in a consolidation phase. As said yesterday it had a bounce from 3300 levels.If today’s close is below 3325 then next stop at 3200 levels only. It seems Bulls don’t want to surrender easily to Bears. Reversal may start from tomorrow.

# NIFTY FUTURE for 22/4/2009 Updated

2009-04-22T09:16:00.000+05:30

Still we are in a consolidation phase. It seems Bulls don’t want to surrender easily to Bears.3300 levels is very important. We may see a bounce at this level before breaking 3300.Bearish phase may start on 24th of this month.

# NIFTY FUTURE for 21/4/2009 updated

2009-04-21T09:13:00.002+05:30

Yesterday Nifty Future closed below 3381. If today’s close is below 3325 can build positional shorts.

DISCUSSION FORUM

2009-04-20T08:25:00.002+05:30

A new section has been added.Here we can discuss about Nifty or any stocks.

# NIFTY FUTURE for 20/4/2009 updated

2009-04-19T21:37:00.005+05:30

Above is the Nifty Future Weekly chart. On the weekly basis Nifty Future made a DOJI Pattern ( Indecisive Mode). Short below 3325 Target seems to be 3200. Buy above 3520 Target seems to be 3750.

# NIFTY FUTURE for 4/2/2009 updated

2009-02-04T09:20:00.002+05:30

For last 5 days market is in a complex mode, one day up next day down. At 50 DMA, bulls are pulling up the market and bears are pulling down the market. Who is going to win???. Yesterday Nifty future made a Doji Pattern and a Harami Pattern. Short below 2728 and Long above 2824.

Major Resistance at 2784 / 2802 / 2817 / 2831 / 2876
Major supports at 2762 / 2728 / 2706 / 2681 / 2670 / 2654 .