Tuesday, September 25, 2012

NIFTY VIEW 25 SEPT

Gm
Today, while updating this SGX nifty is trading at 5693.
Today’s trading levels for Nifty Future:
Resistance: 5691-5721-5744-5752-5773-5829-5858
Support: 5675-5662-5644-5636-5611-5602-5597
Today 5691 and 5675 are important levels for opening trade. If NF is breaking 5691 level then it will indicate strength of bulls and if NF breaks 5675 then it will indicate strength of bears.
Today, on crossover above 5691 will take NF to 5721. On cross over above 5721 will take NF to 5744-5752-5773. Bears are desperate to keep NF below 5700 levels so lets see how they manage. On cross over above 5773 will take NF to 5829-5858.
On lower side, below 5675 there is a support zone of 5662-5644-5636. Bears will need lots of power to break this support zone. If NF manages to break 5636 and sustains below it then 5611-5602-5597 are last hope for bulls.
In last week NF has given some surprisingly sharp up moves. This kind of move happens in two extreme scenario, either we have entered in a long term up move which will cross previous high of 6349 or we are going to make a critical top before going down to/below 4000 or more lower level.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????

Regards,
Analysenifty  Team

Friday, September 21, 2012

Nifty view sept 21

Gm
Today, while updating this SGX nifty is trading at 5565.
Today’s trading levels for Nifty Future:
Resistance: 5579-5611-5640-5670-5702
Support: 5562-5530-5503-5463-5454
Today 5579 will be an important level for NF. To indicate strength of bears, NF should not cross 5579. On crossover above 5579 will take NF to 5611, a good resistance. On crossover above 5611 NF will go up to 5640, a strong resistance for NF. Bears will give their best to protect this level.
On lower side, 5562 is a good support. If NF manages to break 5562 with volumes and sustains below it then also there is a strong support of 5530-5503 for NF. Bears will need lots of power to break these levels. If bears manage to break these levels then expect some serious problem for bulls. Below 5503, expect not stop fall up to 5463-5454.
Till NF is above 5530-5503, there is no problem for bulls.
In last week NF has given some surprisingly sharp up moves. This kind of move happens in two extreme scenario, either we have entered in a long term up move which will cross previous high of 6349 or we are going to make a critical top before going down to/below 4000 or more lower level.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????

Regards,
Analysenifty Team 

Thursday, September 13, 2012

NIFTY VIEW SEP13

Today, while updating this SGX nifty is trading at 5452.
Today’s trading levels for Nifty Future:
Resistance: 5463-5488-5515-5524
Support: 5424-5415-5399-5394-5377-5345
Today 5463 will be an immediate resistance for NF. On crossover above 5463 will take NF to 5515-5524.
On lower side, on remaining below yesterday’s high, NF will attempt for 5424-5415. Chances are bright that NF will protect these levels. If NF is not managing to protect these levels then also 5399-5394 are strong supports for NF.
In hourly chart NF highly overbought. Although NF is in uptrend but we will advise to avoid any buying position.
Charts are indicating we may make top of NF around 5515-5524 and then sudden panic, a 2008 kind of bloodbath. (Discloser: our intention is not to panic any one. We just want to alert our readers to prepare for coming disaster. We will advise to follow levels only.)
Buy 5500 call around 30-40 Rs in the opening and go short in NF around 5500-5510 level (if comes), hold till expiry. Risk of 1500-2000 Rs only.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????
Shanghai has given some sharp bounce. Genuine or a trap???

Regards,
ANALYSENIFTY TEAM

Tuesday, September 11, 2012

NIFTY VIEW SEP 11

Hi,
Yesterday our resistance was 5407 and support was 5352 and NF has remained between these two levels with one of the lowest volumes of recent past.
Today, while updating this SGX nifty is trading at 5356.
Today’s trading levels for Nifty Future:
Resistance: 5407-5463-5524
Support: 5359-5352-5337-5326-5314-5286-5275
Today again, 5407 is an immediate and important resistance for NF. Bears will try their best to protect this level. If NF manages to cross and sustain above this level then expect 5463. On crossover above 5463 will take NF to 5524.
On lower side 5359-5352 are immediate supports for NF. In good control of bulls, they will protect these levels. Break below these levels will take NF to 5337-5326-5314. Below 5326, NF may fill the gap of 5326-5285.
In hourly chart NF has entered in to over bought area. Although NF is in uptrend but we will advise to avoid any buying position. Charts are indicating some problem which may lead to sharp sell off in coming days.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????
Shanghai has given some sharp bounce. Genuine or a trap???
Regards,
ANALYSENIFTY TEAM

Monday, September 10, 2012

NIFTY VIEW SEP10

GM
Today, while updating this SGX nifty is trading at 5378.
Today’s trading levels for Nifty Future:
Resistance: 5407-5463-5524
Support: 5352-5347-5326-5314-5286-5275
Today, 5407 is an immediate and important resistance for NF. Bears will try their best to protect this level. If NF manages to cross and sustain above this level then expect 5463. On crossover above 5463 will take NF to 5524.
On lower side 5352-5347 are immediate supports for NF. In good control of bulls, they will protect these levels. Break below these levels will take NF to 5326-5314. Below 5326, NF may fill the gap of 5326-5285.
In hourly chart NF has entered in to over bought area. Although NF is in uptrend but we will advise to avoid any buying position. Charts are indicating some problem which may lead to sharp sell off in coming days.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????

Regards,
ANALYSENIFTY TEAM

Tuesday, September 4, 2012

nifty view sep 4

GM
Today, while updating this SGX nifty is trading at 5279.
Today’s trading levels for Nifty Future:
Resistance: 5294-5320-5344-5361-5385-5412
Support: 5276-5249-5240-5216-5198-5176
Today, 5294 will be an immediate resistance for NF. If NF is not breaking 5276 and crosses 5294 then it will indicate strength of NF. But above 5294 there is a strong resistance of 5320, a strong supply area. On crossover above it will take NF to 5344-5361.
On lower side 5276 will be an immediate support for NF. If NF is not crossing 5294 and breaks 5276 and sustains below it then next support will be 5249-5240. On failing to hold these levels, NF will go up to 5216-5198.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????
Analysenifty team
 

Monday, September 3, 2012

NIFTY VIEW 3 SEP 2012

GM
Today, while updating this SGX nifty is trading at 5288.
Today’s trading levels for Nifty Future:
Resistance: 5306-5333-5344-5361-5385-5412
Support: 5276-5249-5240-5216-5198-5176
Today, on remaining above 5276, NF will attempt for 5306. On crossover above it will take it to a resistance zone of 5333-5344. NF will face selling pressure around this resistance zone. On crossover above it, there is a strong resistance of 5361 which will be difficult for NF to cross.
On sustaining below 5276 will take NF to 5249-5240. On break below 5240 will take NF to 5216-5198.
Alert: Chinese Shanghai composite index is around 3years low and no one is discussing about it. Day by day china’s Shanghai composite index is making new lows, why??????
REGARDS

ANALYSENIFTY TEAM