Monday, October 29, 2012

Nifty view oct 29


Today, while updating this SGX nifty is trading at 5722.
Today’s trading levels for Nifty Future:
Resistance: 5707-5720-5731-5747-5779-5801-5818-5858
Support: 5678-5664-5644-5631-5608
Today 5707 is an immediate resistance for NF. On crossover above it will take NF to 5720. Bears will try their best to keep NF below 5720. Above 5720, NF can go up to 5731 which is another strong resistance. Above 5731, 5747 is a last hurdle for NF.
For lower side, 5678-5664 are good supports for NF. On break below it will take NF to 5644-5631. Below 5631, expect bloodbath.
As mentioned earlier 5745 and 5644 are breakout levels for NF and 5725 and 5636 are breakout levels for NS. Either side will give huge move.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?

Regards,
analysenifty  team

Friday, October 26, 2012

Nifty view oct 26

Gm
Today, while updating this SGX nifty is trading at 5724.
Today’s trading levels for Nifty Future:
Resistance: 5731-5747-5779-5801-5818-5858
Support: 5720-5703-5678-5664-5644-5631-5608
Today 5731 will be minor hurdle for NF. On cross over above it will take NF to 5747. Crossover above 5747 with huge volume and sustaining above it will give break out. NF will go up to 5779-5801. Above 5801, next level is 5818.
For lower side, 5720-5703 are good supports for NF. On break below it will take NF to 5678-5664. If NF manages to break these levels then it will go up to 5644-5631.
As mentioned earlier 5745 and 5644 are breakout levels for NF and 5725 and 5636 are breakout levels for NS. Either side will give huge move.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?

Regards,
Analysenifty team

Monday, October 22, 2012

nifty view 0ct 22

GM
Today, while updating this SGX nifty is trading at 5664.
Today’s trading levels for Nifty Future:
Resistance: 5698-5714-5725-5747-5779-5801-5818-5858
Support: 5664-5644-5631-5608-5586-5571-5551
Today also 5664 is a strong support for NF. Break below 5664 will take NF to 5644-5631 levels which are also strong supports for NF. Below 5631 expect fall up to 5608. If NF manages to break 5608 then NF will go up to 5586-5571.
On upper side 5698-5714-5725 is a resistance zone. On crossover above it will take NF to 5747. Above which is a break out.
NF has spent 8-9 days in the range of 5745 to 5644; today it is likely to give break out. Let’s see how it gives? Whether it protects 5664-5644 and gives break out on upper side or it gives break out on down side and then protects 5664-5644.  
As mentioned earlier 5745 and 5644 are breakout levels for NF and 5725 and 5636 are breakout levels for NS. Either side will give huge move.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?

Regards,
Analysenifty Team

Thursday, October 18, 2012

nifty view oct 18

gm
Hi,
Yesterday we had written: “Today, 5665-5677 are immediate resistance for NF. On crossover above 5677 with volumes will take NF to 5696-5706 which are strong resistance for NF”.
Yesterday NF opened at 5686.15, made high of 5694.85 and fallen.
For lower side we had written: “On lower side 5644-5631 are still a good support. On break below it and sustaining below 5631 there will be bloodbath in the market and it will take NF to 5599-5586-5551”.
 After making high of 5694.85, NF had fallen up to 5645.55 but could not break 5644.
Today, while updating this SGX nifty is trading at 5685.
Today’s trading levels for Nifty Future:
Resistance: 5673-5689-5693-5706-5721-5747-5779-5801-5818
Support: 5644-5631-5599-5586-5551
Today, 5673 is immediate resistance for NF. On crossover above 5673 with volumes will take NF to 5689-5693-5706 which are strong resistance for NF. On crossover and sustaining above 5706 will lead to short covering which will take NF to 5747. One has to watch 5721 during this.
On lower side 5644-5631 are still good supports. On break below it and sustaining below 5644-5631, there will be bloodbath in the market and it will take NF to 5599-5586. Below 5586, expect 5551.
If NS manages to break 5636 and sustain below it then it will trigger Head and Shoulder break out of 175 points.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?

Regards,
analysenifty team

Wednesday, October 17, 2012

Nifty view oct 17

Hi,
Yesterday we had written: “5703-5711 are immediate resistance for NF. On crossover above 5711 with volumes will take NF to 5738-5756”.
NF had opened above 5711 and made high of 5732 but could not sustain above it. And once broken 5611 decisively there was a sharp fall in NF.
For lower side we had written: “On lower side 5679-5666 are a good support. On break below it and sustaining below it will take NF to 5644-5631. If NF manages to break 5644-5631 will take NF to 5599-5586”.
 After breaking and sustaining below 5666, NF had taken support at 5637.40.
Today, while updating this SGX nifty is trading at 5685.
Today’s trading levels for Nifty Future:
Resistance: 5665-5677-5696-5706-5721-5747-5779-5801-5818
Support: 5644-5631-5599-5586-5551
Today, 5665-5677 are immediate resistance for NF. On crossover above 5677 with volumes will take NF to 5696-5706 which are strong resistance for NF. On crossover and sustaining above 5696-5706 will lead to short covering which will take NF to 5747.
On lower side 5644-5631 are still a good support. On break below it and sustaining below 5631 there will be bloodbath in the market and it will take NF to 5599-5586-5551.
If NS manages to break 5636 and sustain below it then it will trigger Head and Shoulder break out of 175 points.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?
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 is giving some rally, let’s see how it manages to sustain above 2100.

Regards,
Analysenifty Team 

Tuesday, October 16, 2012

NIFTY VIEW OCT 16

GM
Today, while updating this SGX nifty is trading at 5717.
Today’s trading levels for Nifty Future:
Resistance: 5703-5711-5738-5756-5806-5858
Support: 5679-5666-5644-5631-5599-5586
Today, 5703-5711 are immediate resistance for NF. On crossover above 5711 with volumes will take NF to 5738-5756. NF has faced strong resistance around 5738 on last two attempts. Now, on crossover and sustaining above 5738-5756 will lead to short covering which will take NF to 5806. Above 5806, NF can go up to 5858.
On lower side 5679-5666 are a good support. On break below it and sustaining below it will take NF to 5644-5631. If NF manages to break 5644-5631 will take NF to 5599-5586.
Opening/sustaining above/below 5679 will indicate strength/weakness of NF respectively.
If NS manages to break 5636 and sustain below it then it will trigger Head and Shoulder break out of 175 points.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?
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 is giving some rally, let’s see how it manages to sustain above 2100.

Regards,
Analysenifty Team

Monday, October 15, 2012

NIFTY VIEW OCT 15

GM
Today, while updating this SGX nifty is trading at 5688.
Today’s trading levels for Nifty Future:
Resistance: 5704-5714-5738-5756-5806-5858
Support: 5679-5644-5631-5599-5586
Today, 5704-5714 are immediate resistance for NF. On crossover above 5714 with volumes will take NF to 5738-5756. NF has faced strong resistance around 5738 on last two attempts. Now, on crossover and sustaining above 5738-5756 will lead to short covering which will take NF to 5806. Above 5806, NF can go up to 5858.
On lower side 5679 is a good support. On break below it and sustaining below it will take NF to 5644-5631. If NF manages to break 5644-5631 will take NF to 5599-5586.
Opening/sustaining above/below will indicate strength/weakness of NF respectively.
If NS manages to break 5636 and sustain below it then it will trigger Head and Shoulder break out of 175 points.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?
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 is giving some rally, let’s see how it manages to sustain above 2100.

Regards,
ANALYSENIFTY TEAM 

Monday, October 8, 2012

NIFTY VIEW OCT 8

GM
Today, while updating this SGX nifty is trading at 5776.
Today’s trading levels for Nifty Future:
Resistance: 5781-5794-5825-5858-5897-5933
Support: 5746-5732-5704-5697-5644
Today, 5781-5794 are immediate resistances for NF. On crossover above 5794 with volumes and sustaining above it will take NF to 5825, during this one has to watch 5809-5819. On crossover above 5825 will lead to huge short covering which will take NF to 5858 and above.
On lower side 5746-5732 are immediate supports for NF. On break below it will take NF to 5704-5697. Bulls will try their best to protect 5746-5732. Below 5697, expect fall up to 5644.
Some suspicious selling was happened on last Friday in Nifty stocks. What was it, a genuine mistake or some indication?
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 had given sharp rally on the news of bailout package. What will happen if that news proves wrong?
 
REGARDS 
ANALYSENIFTY TEAM

STOCKS CALL 8 OCT

8 OCT

SHORT  ANDHAR BANK  CMP 111 SL 115 TGT 107,104

SHORT  AUROBINDO PHARMA AT 143 SL 147 TGT 138,135,132

SHORT AXIS BANK NEAR  1160 TO 1175  SL  1195 TGT 1130,1120,1110

SHORT BANK OF BARODA   AT 795 -800 SL 812 TGT 780,775,750,740

BHEL  RES 275

SHORT HCL  TEC   AT  585-590 SL 600 TGT 570,560

BUY OPTOCIRCUIT CMP 138 SL 130  TGT 143, 150,155 MUST BUY

Buy shriram  transpot(511218)  cmp 645 also buy near 630 sl 620 closing base tgt 675,700 (hold 6 dayes)

Monday, October 1, 2012

NIFTY VIEW OCT 1

GM
Today, while updating this SGX nifty is trading at 5718.
Today’s trading levels for Nifty Future:
Resistance: 5730-5761-5782-5793-5828
Support: 5705-5696-5675-5661-5644-5634-5605
Today, 5730 will be an important level to watch. On opening and remaining above it will take NF to 5761-5782-5793. Above 5793, NF will go up to 5828.
On lower side 5705-5696 are strong supports for NF. If NF manages to break these levels too then also there is a strong support around 5675-5661. Break below 5661 with volumes and sustaining below it will lead to sharp panic in the market and it will take NF to 5605. One has to keep watching 5644-5634 level carefully.
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??????
Shanghai, back to bottom!!!

Regards,
ANALYSENIFTY TEAM