NIFTY VIEW MARCH 13

Hi,

Yesterday we had written: “Today, above 5375, NF will attempt for 5405. If NF manages to cross 5405 then also there is a strong resistance zone of 5418-5428-5437”.

Yesterday NF made open high of 5434 and in 5mins gone below 5405. Then taken couple of attempts but could not cross 5405.

For lower side we had written: “On lower side 5340 is a strong support now. Chances are less but if NF breaks 5340 then next levels are 5323-5311”.

In panic NF made low of 5345.30 and closed at 5388.75.

Today, while updating this SGX nifty is trading at 5433.

Today’s trading levels for Nifty Future:

Resistance: 5405-5418-5437-5458-5490

Support: 5353-5345-5325-5311-5281

Today, above 5405, still there is a strong resistance zone of 5418-5428-5437. On crossover above 5437 with volumes and sustaining above it for 15-20 mins will take NF to 5490, during this keep 5458 in mind.

On lower side 5353-5345 has became strong support now. Below 5345 we can see sharp fall up to 5325-5311.

.

Regards,

ANALYSENIFTY TEAM

nifty view 12 march

Hi,

On Wednesday, we had written: “Today, on lower side 5207 is a strong support. Bulls may give one more attempt to protect this level. On break below 5207, NF will go up to 5175 which is channel support”.

On Wednesday, in panic NF made low of 5201 and given rally to close at 5258.80.

On Friday we had written: “If NF manages to cross 5333 and closes above it then we may see pre budget rally”.

On Friday, NF made high of 5373.80 and closed at 5364.80.

Today, while updating this SGX nifty is trading at 5405.

Today’s trading levels for Nifty Future:

Resistance: 5405-5418-5428-5437-5490

Support: 5340-5323-5311-5281

Today, above 5375, NF will attempt for 5405. If NF manages to cross 5405 then also there is a strong resistance zone of 5418-5428-5437. On crossover above 5437 with volumes and sustaining above it for 15-20 mins will take NF to 5490, if not today then may be tomorrow.

On lower side 5340 is a strong support now. Chances are less but if NF breaks 5340 then next levels are 5323-5311. Break and closed below 5311 will end this rally.

Today, IIP data will be out. If data is not good then we may see huge volatility on both sides. If data is good then we may see one side rally.  

Regards,

analysenifty team

9th mar

Today, while updating this SGX nifty is trading at 5307.

Today’s trading levels for Nifty Future:

Resistance: 5281-5315-5327-5333-5341-5405-5418

Support: 5201-5175-5145-5114

Today, above 5281, there is a strong resistance zone of 5315-5327-5333-5341. Bears will give their best to protect this resistance zone and will try to take NF below 5281.

If NF could not manage to cross this resistance zone and breaks below 5281 and give close below 5281 then there will be more pain for bulls. If NF manages to cross 5333 and closes above it then we may see pre budget rally.

Now, for time being 5201 has become strong support for bulls. Break below 5201 will take NF to 5114. During this one has to consider 5174-5145 levels.

BUY LUPIN   SL 485 TGT 520,530,540

Regards,

ANALYSENIFTY TEAM

Haapy Holi

NIFTY VIEW MARCH 5

Today, while updating this SGX nifty is trading at 5382.

Today’s trading levels for Nifty Future:

Resistance: 5402-5424-5449-5471-5517-5531

Support: 5341-5326-5274-5237-5207

Today, again on crossover above 5402, there is a strong resistance zone of 5420-5424-5449. If NF crosses these levels then it can go up to 5517-5531. During this keep an eye on 5471.

Today again if NF is not crossing/sustains above 5402 then again it can go up to 5341-5326. On break and close below 5341-5326 will increase chances for 5207 but one has to be careful around 5274 and 5237.

Regards,

ANALYSENIFTY TEAM

NIFTY VIEW MARCH 2

Hi,

Yesterday we had written: “On lower side, if NF is not breaking 5455 and breaks 5433 then NF can go up to 5374. Once NF breaks this level with volumes and remains below it for 10-15 mins then we may see bloodbath”.

Yesterday NF opened at 5413, made high of 5427 but could not cross 5433 and broken 5374 and spent good time around this level. Sustaining below 5374, we were expecting bloodbath but NF made low of 5341 and reversed, for reason we have attached NS hourly chart.

Today, while updating this SGX nifty is trading at 5408.

Today’s trading levels for Nifty Future:

Resistance: 5412-5429-5439-5449-5471-5517-5531-5558-5635

Support: 5341-5326-5274-5237-5207

Today, on crossover above 5412, there is a strong resistance zone of 5429-5439-5449. If NF crosses these levels then it can go up to 5517-5531. During this keep an eye on 5471.

If NF is not crossing/sustains above 5412 then again it can go up to 5341-5326.

 

BUY ON DEEPS GATWAY DIST (532622) CMP 153 SL

140 TGT 170,175

Regards,

ANALYSENIFTY TEAM

indiabulles

weekly closing above 240 tgt 280,300,350,400 sl 220