NIFTY VIEW FEB 29

Hi,

Yesterday was counter action replay of previous day.

Yesterday we had written: “Today if NF is not breaking yesterday’s low of 5326.2 then it will attempt for 5386. On crossover above it will take NF to 5403. Above it 5419 will be strong resistance”.

NF has not broken previous day’s low and given sharp rally up to 5459.

Today, while updating this SGX nifty is trading at 5480.

Today’s trading levels for Nifty Future:

Resistance: 5460-5481-5517-5558-5564

Support: 5431-5407-5326

Today, 5460 is a strong indicator of strength of bulls and bears. On remaining above 5460, NF will go up to 5481. On crossover above it with volumes and sustaining above it will take NF to 5517. 5558-5564 are last hurdle for bulls.

Till NF is above 5460, there is no problem for bulls.

If NF is not crossing 5460 or breaks after opening above 5460 then NF will go up to 5431 which will be strong support for bulls. On break below it with volumes and remaining below it for 10-15 mins will take NF to again 5326. 5407 may provide support but chances are very less.

Strength of bears will come only below 5431.

Who will eat premium of 64 points?

AXIS BANK BUY ABOVE 1175 SL 1152 TGT 1190 ABOVE FIREEE

Regards,

ANALYSENIFTY TEAM

NIFTY VIEW FEB 28

Hi,

We had written on 16^th Feb and maintain our view thereafter that: “5638-5657 is an ideal zone to go short”.

As all of you know, NF made high of 5634.70 on 21^st Feb but could not cross 5638.

On 22^nd Feb, we had already indicated about sharp fall below 5585 via SMS to our subscribers. Once NF has broken 5585 never returned to that level and in just 5 trading sessions from the high of 5634.70, made low of 5326.20, clean shave of 300+ points.

Yesterday also we had written: “If NF is not crossing 5503-5507 then again it will try to break 5444. Now this time if manages to break 5444 and remains below it for 10-15 mins then we may see non-stop fall up to 5368. During this, 5421-5404 are minor supports to keep in mind”.

As all of you know NF made high of 5478 but could not cross 5503 in the opening trade and fallen non stop up to 5326.20.

As usual we had done part profit booking in our short position and rest holding with trailing stop loss.

Today, while updating this SGX nifty is trading at 5357.

Today’s trading levels for Nifty Future:

Resistance: 5386-5403-5419-5444-5465-5481

Support: 5305-5272-5235-5114

Today if NF is not breaking yesterday’s low of 5326.2 then it will attempt for 5386. On crossover above it will take NF to 5403. Above it 5419 will be strong resistance.

Now below yesterday’s low of 5326.2, 5305 will provide support. Below it NF can go up to 5272. 5235 will be another level to watch.

Still there is a huge premium of 57 points. Who will get benefit of it, bulls or bears?

Regards,

ANALYSENIFTY TEAM

NIFTY VIEW FEB 27 SUPPORT

NIFTY SPOT SHORT TERM SUPPORT SEEN 5180-5220

 !) U R SEEN 50 DEMA , 200 DEMA  SUPPORT SEEN AT 5180

2) FIBONA   LEVEL 38.2% SUPPORT SEEN AT 5220

3) BOTTEM LINE SUPPORT  SEEN AT 5200

 VIEW  FOR   BELOW 5250 START BUY NIFTY 5400 CALL AND HOLD IT  SL 5150

NIFTY VIEW 27 FEB

Hi,

On Friday we had written: “Today on upper side 5503-5512-5522 is resistance zone. On crossover above 5522, NF will go up to 5550. Above 5550, 5585-5593 are last hurdles for bulls”.

On Friday NF opened above 5522. Yes, above 5522, crossed 5550 too to make high of 5564.15 but could not sustain above it for even 10 minutes and fallen back below 5550.

For lower side we had written: “If NF is not crossing 5550 and breaks 5503 then chances are bright that NF breaks 5465. Below 5465, 5444-5421-5417 is support zone. If NF breaks 5417 then we will see non stop fall up to 5368”.

Yes, NF has faced difficulty to break 5465. Eventually broken 5465 and made low of 5456.25 (filled the gap of 5475-5455, mentioned on last Thursday) and finally closed around 5486.

Today, while updating this SGX nifty is trading at 5475.

Today’s trading levels for Nifty Future:

Resistance: 5503-5507-5522-5546-5567-5593

Support: 5444-5421-5404-5368

Today on upper side 5503-5507 are resistance. Above 5507, 5522 will be strong resistance. On crossover above 5522, NF will go up to 5546-5567. 5593 is last hurdle for bulls.

If NF is not crossing 5503-5507 then again it will try to break 5444. Now this time if manages to break 5444 and remains below it for 10-15 mins then we may see non-stop fall up to 5368. During this, 5421-5404 are minor supports to keep in mind.

There is a huge premium of 54 points. Who will get benefit of it, bulls or bears?

Today till NF is below 5550, bears will have upper hand.

Regards,

ANALYSENIFTY TEAM

nifty view feb 24

Hi,

Yesterday we had written: “Today also 5522 will play crucial roll. Today’s open and remaining above/below 5522 will indicate strength of bulls and bears respectively.

On remaining below 5522, 5493 will provide support around 5493. On break below 5493 with volumes will take NF to 5444-5421. There is a gap at 5475-5455, on break below 5493 will fill this gap. Below 5421, 5368 is a strong support”.  

Yesterday NF opened at 5509.75 made high around 5520 but could not cross 5522 in the morning session and made low of 5565.45.

Also we had written: “On remaining above 5522, NF will go up to 5552-5569. Above it 5585 is a strong resistance. On crossover above this level, rally may continue”.

After making low of 5465.45, NF has given rally up to 5541.80 but could not cross 5552.

Today, while updating this SGX nifty is trading at 5535.

Today’s trading levels for Nifty Future:

Resistance: 5512-5522-5550-5585-5593

Support: 5503-5465-5444-5421-5417-5368

Today on upper side 5503-5512-5522 is resistance zone. On crossover above 5522, NF will go up to 5550. Above 5550, 5585-5593 are last hurdles for bulls.

If NF is not crossing 5550 and breaks 5503 then chances are bright that NF breaks 5465. Below 5465, 5444-5421-5417 is support zone. If NF breaks 5417 then we will see non stop fall up to 5368.

Today till NF is below 5550, bears will have upper hand.

Regards,

analysenifty team

nifty view feb 23

Today’s trading levels for Nifty Future:

Resistance: 5522-5552-5569-5585-5638-5657

Support: 5493-5444-5421-5368

Today also 5522 will play crucial roll. Today’s open and remaining above/below 5522 will indicate strength of bulls and bears respectively.

On remaining below 5522, 5493 will provide support around 5493. On break below 5493 with volumes will take NF to 5444-5421. There is a gap at 5475-5455, on break below 5493 will fill this gap. Below 5421, 5368 is a strong support.

On remaining above 5522, NF will go up to 5552-5569. Above it 5585 is a strong resistance. On crossover above this level, rally may continue.

Yesterday we had told to buy call & put of 5600 around 5600 level of NF. On remaining below 5522 hold 5600 put. On crossover above 5522 book 5600 put and hold 5600 call.

go short  HUL BELOW 370 SL 380  TGT 365,360,354

Regards,

analysenifty team

HOT STOCKS

WE R BUY AT 180  STEEL HOLDING

NIFTY VIEW 21 ST FEB

Hi,

On Friday we had written: “Today NF will face strong resistance at 5589. On crossover above 5589, NF will go up to 5617. Above 5617, 5638-5657 is an ideal zone to go short but don’t jump and short, look for some indicator to support it”.

NF made high of 5619 (forget open-high of 5700, it was manipulative) and given sharp fall up to 5565, finally closed at 5589.60.

Today, while updating this SGX nifty is trading at 5588.

Today’s trading levels for Nifty Future:

Resistance: 5617-5638-5657-5785

Support: 5565-5552-5547-5490-5444

Today on remaining below 5617, again NF will go up to 5565. There is a support zone of 5565-5552-5547. Bulls will try their best to protect this support zone. On break below this zone NF will go up to 5490.

strong channel support around 5500-5485 zone, so for today 5490 will be a crucial level to watch if it comes.

On upper side, today again 5617 will provide resistance. Above 5617, 5638-5657 is an ideal zone to go short but don’t jump and short, look for some indicator to support it.

RPOWE  107 TO 135

BOI 370 TO 395

FEDRAL 425 TO 450

BUY  HDFC BANK SL 500

Regards,

ANALYSENIFTY TEAM

NTPC

BUY NTPC ON DEEPS SEEN HERE WEEKLY CHART BREAKOUT  CMP 183 SL 170 TGT 200,210,215

HOT  GUJRAT NRE COK, GMDC, HINDOIL, CONCOR LEVEL AND TGT GIVEN OUR CLIENT

nifty view feb15

Today, while updating this SGX nifty is trading at 5489.

Today’s trading levels for Nifty Future:

Resistance: 5444-5454-5478-5504-5589

Support: 5427-5388-5342

Today on cross above yesterday’s high of 5454, rally will continue. If NF is crossing 5460 and not breaking 5440 then we will see sharp rally up to 5504. On crossover above 5504, NF will go up to 5589.

How to break any strong support/resistance? Spend 3-4days around that support/resistance then give closing near that support/resistance and then give gap down/up opening to break that support/resistance. This is what is going to happen today. 5444 was a strong resistance. NF has spent 4days around this level, yesterday given closing at 5440 and now SGX nifty is suggesting opening around 5490.

5427-5388 are strong supports. Break below 5388 with volumes will lead to bloodbath.

For time being (-ve) divergence is negated in NF daily chart but NS daily chart is showing strong (-ve) divergence.

 

yestrday  RPOWER 107 TO 110 WE R STEEL HOLD

BUY FEDRAL BANK ABOVE 425 SL 410 TGT 450,470,480  

WE R MORE STOCKS BUYING SIDE HOLD

 

Regards,

ANALYSENIFTY TEAM 

NIFTY VIEW 14TH FEB

Today’s trading levels for Nifty Future:

Resistance: 5444-5452-5478-5504-5589

Support: 5371-5342-5277

Today on remaining above 5407, NF will try to cross 5444-5452. If NF manages to cross 5444-5452 then NF will zoom to kiss 5504. 5478 may provide small hurdle.

On remaining below 5407, NF will try to break 5371-5368. On break below 5371-5368 will take NF to 5342, a last hope for bulls. If NF breaks this level with huge huge huge volumes and remains below it for 10-15mins then chances are bright for 5277 in few hours only.

For time being (-ve) divergence is negated in NF daily chart but NS daily chart is showing strong (-ve) divergence.

BGR  258 TO 268 YESTRDAY

 BUY RPOWER  ABOVE 107   SL 102   TGT   114

 

Regards,

ANALYSENIFTY TEAM

NIFTY VIEW FEB 13

SEE  THIS CHART  SHORT TERM VIEW

NIFTY VIEW FEB 10

Hi,

Yesterday we had written: “Today 5367 is a level to watch. If NF breaks this level with volumes and remains below it for 10-15mins then NF will go to support zone of 5340-5329-5312”.

NF made low of 5360 but could not sustain below 5367 (5304.65 is not recorded in intraday charts).

For upper side we had written: “On upper side, If NF is not breaking 5367 and breaks 5404 then chances are bright that NF will go up to 5444. Bulls are keen to break level of 5444 before any sizable correction at the same time bears will be more aggressive in 5403-5444 zone”.

NF made low of 5360 and remain above it. Once crossed 5404 and sustained above it, given nonstop rally up to 5451.65.

Today, while updating this SGX nifty is trading at 5430.

Today’s trading levels for Nifty Future:

Resistance: 5452-5478-5504

Support: 5402-5398-5345-5340

Today above 5452, 5478 is a minor hurdle. On crossover above it NF will go up to 5504.

On lower side 5402-5398 are strong supports. Break below these levels with volumes will take NF to 5345-5340. Chances are less but if breaks these levels to then???

For time being (-ve) divergence is negated in daily chart.

Alert: FIIs are buying in NF but they have sold stock futures worth 992 crores in last four trading sessions.

KOTAK BANK 535 TO 555

HDIL 85 TO 100

 BUY BGR   SL 250 CMP 258  TGT 275

Regards,

ANALYSENIFTY TEAM

nifty view feb 9

Hi,

Yesterday we had clearly written: “Today 5378 will be first hurdle for the day. Above that 5396 will provide resistance. On crossover above this level will take NF to 5416. We will keep witnessing aggressive selling in 5403-5444 zone”.

NF made high of 5424.75 around 2pm, then given sharp fall.

For lower side we had written: “On lower side 5345-5340 are now strong supports. Bulls will give their best to protect these levels”.

In panic NF made low of 5343.25 and given sharp bounce up to 5404 again.

Today, while updating this SGX nifty is trading at 5378.

Today’s trading levels for Nifty Future:

Resistance: 5404-5425-5444-5478-5504

Support: 5367-5340-5329-5312-5263

Today 5367 is a level to watch. If NF breaks this level with volumes and remains below it for 10-15mins then NF will go to support zone of 5340-5329-5312

If NF manages to break 5312 with volumes then in no time NF will go up to 5263.

On upper side, If NF is not breaking 5367 and breaks 5404 then chances are bright that NF will go up to 5444. Bulls are keen to break level of 5444 before any sizable correction at the same time bears will be more aggressive in 5403-5444 zone.

So far (-ve) divergence is intact in daily chart.

Alert: yesterday also FIIs have bought NF worth 184 crores but surprisingly they have sold stock future worth 564 crores. Is it profit booking or fresh selling???

BUY BANK OF INDIA  SL 360   TGT 390,400,410  CMP 370

HDIL 85 TO 90

Regards,

ANALYSENIFTY TEAM

NIFTY VIEW FEB 8

Hi,

Yesterday above 5403, our next resistance level was 5416.

Do you know high of yesterday? NF made high of 5414.80 and fallen.

We had already written: “5444 is a last hope for bears. Bears should be aggressive between 5403-5444 to regain their power”.

So we will keep witnessing aggressive selling in this zone.  

For lower side we had written: “5332 has become strong support on lower side. Till NF is above 5332 bulls will have upper hand”.

NF made low of 5340 and closed at 5355.

Today, while updating this SGX nifty is trading at 5375.

Today’s trading levels for Nifty Future:

Resistance: 5378-5396-5416-5444-5504

Support: 5345-5340-5324-5287-5258

Today 5378 will be first hurdle for the day. Above that 5396 will provide resistance. On crossover above this level will take NF to 5416. We will keep witnessing aggressive selling in 5403-5444 zone.

On lower side 5345-5340 are now strong supports. Bulls will give their best to protect these levels. On break below these levels with volumes and sustaining below it for 10-15mins will take NF to 5287. 5324 may provide minor support.

So far (-ve) divergence is intact in daily chart.

Alert: although NF has closed below on yesterday but still FIIs have bought NF worth 693 crores.

BUY  KOTANK BANK SL 520  TGT 550,600 

HDIL 85 TO 87

REGARDS

ANALYSENIFTY

NIFTY VIEW 7TH FEB

Hi,

Yesterday we had written: “today above Friday’s high of 5357.50, NF can go up to 5403. 5403 will provide good resistance. On crossover above 5403 with volumes, NF will go up to 5444. 5444 is a last hope for bears. Bears should be aggressive between 5403-5444 to regain their power”.

NF opened at 5391.30, made high of 5398 and fallen up to 5332.60. Again in last 30 minutes given rally and finally closed at 5366.85.

Today, while updating this SGX nifty is trading at 5388.

Today’s trading levels for Nifty Future:

Resistance: 5403-5416-5444-5504

Support: 5332-5262

Today again 5403 will provide good resistance. On crossover above 5403 with volumes, NF will go up to 5444. 5444 is a last hope for bears. Bears should be aggressive between 5403-5444 to regain their power.

Now, 5332 has become strong support on lower side. Till NF is above 5332 bulls will have upper hand.

As per time theory yesterday’s high is important. Now if NF makes any high then rally can extend up to 21days more (including any deep of 100-200 points).

So far (-ve) divergence is intact in daily chart. Today’s close will give more clarity.

BUY   HDIL  SL 82 TGT 90,95

Regards,

ANALYSENIFTY TEAM

nifty view feb 6

Hi,

On Friday we had written: “today watch again 5302-5325 range carefully. On crossover above 5325 with volumes and sustains above it for 10-15 mins than we will see rally up to 5403-5444”.

On Friday NF had made low of 5264.05 and remained below 5302. After 2pm crossed 5302 with huge volume and gone up to 5357.50.

Today, while updating this SGX nifty is trading at 5388.

Today’s trading levels for Nifty Future:

Resistance: 5357-5403-5444

Support: 5297-5264-5229

Now, today above Friday’s high of 5357.50, NF can go up to 5403. 5403 will provide good resistance. On crossover above 5403 with volumes, NF will go up to 5444. 5444 is a last hope for bears. Bears should be aggressive between 5403-5444 to regain their power.

On lower side 5297 will provide strong support. There is no problem for bulls till NF is above 5297.

Already written on Thursday that Friday (+/- 1day) is very crucial for this rally from the low of 4538, we will see top in these three days followed by a correction of at least 5-8days.

(-ve) divergence may negate on closing above 5350 in daily chart.

 

 

BIOCON RES 281 -284 ABOVE TGT 287,295,300

 Regards, 

analysenifty team

NIFTY VIEW 3RD FEB

Hi,

Yesterday we had written: “today watch 5295-5302-5325 range carefully. If NF is making high around this range and breaks day low then we will see sharp fall”.

NF opened at 5280 made high around 5295-5297 and once broke morning low of 5280, there was a clean shave of almost 50 points. NF made low of 5232.30.

We had also written: “Today 5222 is a strong support. Till NF is above 5222, there is no problem for bulls.”.

After making day low of 5232.30 again NF zoomed to make high of 5299.90 but could not cross 5295-5302-5325 zone.

Today, while updating this SGX nifty is trading at 5283.

Today’s trading levels for Nifty Future:

Resistance: 5295-5302-5325-5403-5444

Support: 5247-5239-5232-5201-5190

Now, today watch again 5302-5325 range carefully. On crossover above 5325 with volumes and sustains above it for 10-15 mins than we will see rally up to 5403-5444.

Today 5247-5239-5232 is again a strong support zone. Bulls are safe till NF is above this zone. If NF breaks 5232 then 5201-5190 are last hope for bulls. Break below 5190 with huge volume will indicate reversal.

Friday (i.e. today +/- 1day) is very crucial for this rally from the low of 4538, we will see top in these three days followed by a correction of at least 5-8days.

So far (-ve) divergence has been seen is in daily chart, confirmation will be come below 5190. Last (-ve) divergence has seen during sep-oct’ 2010 in daily chart. After that we have seen high of 6349 in the first week of Nov’ 2010 and then reversal and low of 4538. Now let’s see what happens this time, new low or a small correction- consolidation and continued uptrend?

BUY M&M ABOVE 712 SL 705 TGT 725,730

Regards,

ANALYSENIFTY TEAM

NIFTY VIEW FOR 1ST Feb' 12

Hi,

Yesterday we had written: “Today above 5139, bulls will have upper hand and below 5096, bears will have upper hand”.

We had also written: “today 5139 will be a first hurdle for the day. How NF opens around this level will indicate today’s movement of NF. On crossover above 5139, NF will go up to 5163. On crossover above this level will take NF to 5194”.

NF opened at 5135.10, made low of 5130 in first 5mins of trade and then remained above 5140 after first 5mins. Given rally in last hour of trade to make high of 5234.

Today, while updating this SGX nifty is trading at 5219.

Today’s trading levels for Nifty Future:

Resistance: 5240-5259-5295-5302

Support: 5201-5181-5168-5130

Now today on remaining above 5201, rally will continue. Above 5240, NF will go up to 5259. There is a channel resistance in weekly chart around 5250-5260, refer attached NF weekly chart. Above 5259 NF will go up to 5295-5302.

Today below 5201, 5181-5168 will provide good supports. If NF manages to break these levels too then also 5130 will be tough for bears to break it. If NF breaks 5130 with huge volume then sell anything and everything.

We were expecting top on Monday (+/- 1day) or on this Friday (+/- 1day). Let’s see top is made on yesterday or not. Probable (-ve) divergence set up is developing in daily chart, need confirmation. Last (-ve) divergence has seen during sep-oct’ 2010 in daily chart.
Regards,
Analysenifty Team