For : Oct 23, 2008

NIFTY may have a very minor downside, but a rally from here will take NIFTY to easily cross 3300, 3347 may be seen within couple of days. Can go long on calls (till 3300 strike price) till expiry.

For : Oct 22, 2008

NIFTY is going to test its low again, start taking long position in the range of 3020-3043, for a short rally of 13-15% before expiry.

Modified NIFTY View

Still intact with the same, only the time frame is slightly changed and extended to +3 days each.

NIFTY OutLOOK

NIFTY again bottom-out for short term, we can again see NIFTY in good figure till expiry.
NIFTY first TgT will be 3470 which can be seen in couple of days,
NIFTY second TgT would be 3690 which we may see within next week,
NIFTY third TgT should be 3874 which is expected on or before expiry.

Market Outlook

NIFTY give a 14% bounce back from low and then fall again, still very weak you can see 3116 NIFTY in couple of days.
It will give any bounce back after that will be calculated then only.

Relative strength Analysis shows :
Stronger ----> Weaker (SENSEX as base)
H.C->OIL->PSU->BANK->AUTO->SENSEX->I.T->MIDCAP->SMALLCAP->C.D-METALS->REALITY.

List of relatively strong stocks will be issue later........

General View

Next four days are very crucial for NIFTY, you can see 3420 in next couple of days and even 3255 in next four days, Then hope a very good bounce back from those levels.

For : Oct 01, 2008

NIFTY will open around 1% up, some good news may take it more upside.
R : 3956-3998-4028-4060
S : 3893-3854-3811-3781.

For : Sep 26, 2008

NIFTY opening flat, may it start from here. Still looking positive.
R : 4135-4158-4182-4212
S : 4088-4075-4058-4038.

For : Sep 25, 2008

NIFTY opening will be flat, volatile session, also inflation day, so avoid any position to carry.
R : 4196-4238-4256-4302
S : 4125-4097-4070-4056.

For : Sep 23, 2008

NIFTY opening around 4150, closing may be good than this.

R : 4198-4264-4287-4315.

S : 4160-4135-4093-4060.

For : Sep 22, 2008

NIFTY will open somewhere around 4300, some profit booking can be seen on high level.

R : 4295-4330-4385-4444.

S : 4207-4176-4120-4091.

For : Sep 19, 2008

Great opening of 200 pts of NIFTY, Europ will decide the today's further trend.
If NIFTY spot manage to close above 4222, then it will be a good sign for short term (atleast expiry).
R : 4202-4254-4268-4281
S : 4182-4137-4096-4063.
Banks takes initiative to recover the market.

For : Sep 17, 2008

We are back & hope bulls to come back also.

Looks market is bottom out for short term.

NIFTY to open flat and chance for 4200 to see on charts today.

R : 4116-4137-4188-4225

S : 4022-3984-3962-3933.

The banking sector will lead the market (especially SBI,ICICIBANK, AXISBANK, BANKBARODA).

For : Aug 25, 2008

Two times in a row weak weekly closing. But still NIFTY has some upside.
Settlement will be above 4500, some green days ahead.
Look for metal stocks, especialy HINDZINC, HINDALCO, STER

For : Aug 14, 2008

NIFTY will again open around 4500, if today it closes in negative then a weak weekly closing after five weeks.
If it doesn't trade above 4600 within couple of days & sustain there then chances are less for uptrend in coming days before showing any downtrend.
R : 4545-4564-4578-4590
S : 4502-4488-4454-4425.

For : Aug 13, 2008

NIFTY may open just above 4500, not expecting wide range in market, as all wait for SEBI meeting's result.
R : 4575-4601-4620-4642
S : 4522-4490-4470-4444

For : Aug 12, 2008

NIFTY will open flat on weak global market. It can go further up today also.
Two major events (SEBI meeting on PN norms & IIP data announcement) will decide the future trend.
R : 4634-4649-4664-4690.
S : 4585-4564-4532-4495.
Stock 2 Watch : Rcap & Maruti can outperform the market.

For : Aug 11, 2008

NIFTY will open slightly above 4600, some profit booking can come, may close around today's high.
Still there is something left in NIFTY.
R : 4572-4591-4615-4647-4675
S : 4515-4493-4470-4444.

For : Aug 08, 2008

NIFTY to open flat, Inflation-US-Crude will put bear on upper hand.
A good rally is pending so if take short position go with strict SL.
Bearish reversal yet to confirm, something still left in NIFTY.

For : Aug 07, 2008

Weak Asian market result in weak opening (around 4470).
Inflation data expectations will pressurise the market, If you take short position stick with strict SL.
NIFTY can test its yesterday high (4615.90) within couple of days. Still some strength is left in NIFTY.
R : 4528-4546-4572-4597
S : 4508-4496-4482-4468.

For : Aug 06, 2008

Global Market will help NIFTY to open above 4600, 4680 will be a major hurdle for NIFTY.
Hope no one took short positions yesterday. Today NIFTY FUT can go upto 4660.
NTPC : strong above 184.5, can easily touch 189.5. Expect 193 within couple of days.

For : Aug 05, 2008

Do not short at any point of a time, NIFTY can take jump to 4540.
R : 4422-4444-4470-4490
S : 4385-4370-4347-4327.

For : Aug 04, 2008

Global market will result in flat opening.
Market is still good inspite of world market & crude oil.
NIFTY is going to test crucial 4540 level, and hope it will breech it.
R : 4436-4468-4490-4540
S : 4380-4365-4332-4301.

For : Aug 01, 2008

Global market & inflation will open NIFTY around 4256 (third time in a week).
Bearish reversal yet to confirm.
R : 4275-4305-4352-4385.
S : 4251-4224-4201-4190.

For : July 31, 2008

Mixed global market will result in flat opening.
Not expecting wide range for today.
R : 4330-4380-4410-4444
S : 4275-4242-4202-4168

For : July 30, 2008

Global market & crude will support NIFTY for upside.
NIFTY will again open around 4256 same as yesderday.
If no bad news come NIFTY will take rally till expiry.
Something is cooking in sugar stocks, some positive news is expected.
R : 4224-4255-4275-4305
S : 4179-4160-4140-4101.

For : July 29, 2008

NIFTY opening will be under global market pressure & open around 4256.

Avoid long position till expiry. Closing should above 4250.

R : 4346-4376-4411-4434

S : 4309-4280-4240-4224

For : July 28, 2008

NIFTY will be under pressure of future expiry & bomb blast. Hope NIFTY not to go below 4224 in coming days.

For : July 25, 2008

NIFTY shows some kind of reversal, but don't take short positions, As 4570 act as greate resistance similarly 4370 will act as a good support.

If any how NIFTY manages to close above 4524 then a great-great-great rally is expected.

R : 4482-4513--4531-4547

S : 4421-4408-4392-4370.

For : July 24, 2008

NIFTY is still not overheated, but be cautious to trade. If it correct from this level it came to 4224.
If NIFTY trade above 4540, we can see 4670 within couple of days.
R : 4504-4538-4576-4610.
S : 4444-4392-4368-4333.

For : July 23, 2008

As Gov. wins NIFTY will take a big jump to test 4400, Tgt of 4444 still there and can be seen on wednesday. Do not take long position to home, start profit booking.

For : July 22, 2008

NIFTY shows a great strength for upside movement, NIFTY indicates that market participants believing result to be stable Gov.
Go for 4444 within couple of days.

For : July 21, 2008

NIFTY with same pace will go upto 4170 and will touch on monday.
22 July will decide the further trend, If Gov stabilise NIFTY will go upto 4600 without any hurdle.

Come Back Again

Here We Go Again With More Speed.

Going For A Short Break

Dear All ! I need to undergo a minor operation. So will not be available for couple of days.
I'll come back soon with more knowledge & more grip on market.
For this week : Under same panic (as shown today & continously showing from some weeks) NIFTY will test its previous low on Wednesday, weekly closing around 3749, weekly low around 3717.
"Good Bye"

For 14/07/2008

Weak Global market result in negative (15-20 pts) opening.
Selling pressure may continue. Not expecting heavy fall again today, closing somewhere around 3983 level.
R : 4089-4114-4152-4185
S : 4023-3976-3933-3898.

For : 11/07/2008

NIFTY manages to close in green, INFOSYS results are out & good for market.
Hope TgT2 of 4248 to hit today, good inflation no.s can push the NIFTY.
If NIFTY manage to close above 4100 then a good weekly closing after 7 consecutive weeks.
R : 4186-4203-4222-4248
S : 4126-4095-4058-4038.

For : 10/06/2008

Weak opening around 4102 expected.
Avoid taking long position for tomorrow.
First target (4177) is almost touched, expect 4248 with in two days.
R : 4177-4201-4226-4248
S : 4126-4101-4081-4058
Stock 2 Watch : BARTRONICS

For 09/07/2008

Sharp fall in CRUDE will give sharp rise in NIFTY.

World market will give good opening (around 4053).

Tgt 4177 still there, fearless trading for atleast two days.

R : 4016-4057-4075-4107

S : 3958-3933-3917-3895

Stock 2 Watch : EIHOTEL

For 07/07/2008

NIFTY showing little uptrend, 4177 still to achieve, may be within couple of days.
Mixed global result in flat opening, big events today will decide the further movement.
Chance of good closing.
R : 4026-4067-4094-4120-4177
S : 4004-3980-3952-3912-3857.
Stock 2 Watch : CROMPGREAV.

For 04/07/2008

Today NIFTY will be managed by CRUDE, POLITICIAN, INFLATION (US is off for INDEPENDENCE DAY).
Bright chance of inflation to come down this week, which can ignite the market.
If NIFY does not close above 4100 today then yet another weak weekly closing.
Can expect NIFTY to cross 4200 in couple of days.
R : 3958-3982-4005-4037-4072
S : 3890-3860-3832-3796-3737.

For 03/07/2008

World market again give the selling pressure, and result in weak opening.
If buying panic again come it take NIFTY to 4177(Tgt1) - 4248(Tgt2).
R : 4125-4153-4177-4202-4248
S : 4051-4034-4001-3969-3941.

For 02/07/2008

NIFTY becomes very weak, It is doing very bad things.

Mixed clues from world market.

R : 3954-3977-4031-4063

S : 3864-3834-3793-3775.

For 01/07/22008

Mixed clues from global market. Not hoping any major fall again today, expecting small trading range.

Weak closing but chance of positive closing today, flat opening.

R : 4064-4093-4126-4168

S : 4033-4010-3985-3952

For 30/06/2008

Weekly closing is again weak, Opening will be flat.
Take any bounch back for profit booking.
R : 4177-4205-4225-4248
S : 4102-4070-4052-4020.

For 26/06/2008

Crude, World market, Politician all favoring NIFTY.
Opening will be around 4280, NIFTY will touch 4480 today.

R : 4274-4304-4355-4398-4444.
S : 4225-4193-4146-4117-4095.

For 25/06/2008

Tgt of 4194 is achieved. NIFTY will test the level of 4100, it (NIFTY FUT) will open around there only (4111). It should not breech the 4100 & sustain there otherwise situation will be out of control.
Still hope expiry above 4400.
R : 4225-4248-4263-4280
S : 4185-4168-4151-4119
Stock 2 Watch : CADILAHC above 325 sl 305 tgt 345-360.

For 24/06/2008

NIFTY closing is again weak. Opening will be around 10-15 pts positive. Start unwinding in puts and take position in calls.
NIFTY can touch 4500 till expiry.
R : 4298-4332-4364-4384
S : 4236-4217-4205-4174-4152
Stock 2 Watch : SASKEN cmp 142 sl 136 tgt 175-200.

For 23/06/2008

NIFTY now in a bear zone. On daily basis it again made a ON-NECK bearish pattern and on WEEKLY basis fourth time.

NIFTY will open around 4280. Closing will be around 2.5-3% negative.

R : Not require

S : 4303-4270-4225-4180

For 20/06/2008

NIFTY is still looking weak, inflation No.s play a important role today (Expectation is too high).

If NIFTY closes below 4536, then it again remains weak for next next week also.

R : 4524-4544-4561-4593

S : 4475-4458-4425-4380

NIFTY fut will open around 4514. Closing will be around 4434.

Stock 2 Watch : SASKEN.

For 19/06/2008

NIFTY will be down on global situation (close will be [1.5-2]% negative).

NIFTY fut will open around 1.25% down @ 4507

R : 4620-4646-4665-4691

S : 4570-4553-4523-4505

For 18/06/2008

NIFTY is started showing some strength, if it manages to close above 4680 then it will goto 4870.
Opening will be flat to (5-10 pts) positive.
R : 4695-4720-4747-4773
S : 4620-4597-4552-4506.
Look CrompGreave.

For 17/06/2008

NIFTY will open neutral-negative (10-15pts), mixed trading session (if crude do not disturbs).
R : 4597-4609-4625-4646
S : 4572-4555-4540-4520-4505-4486-4454.

For 16/06/2008

On weekly basis NIFTY third consecutive time made ON-NECK bearish continuation pattren.
On daily basis, on friday it made a shooting star pattern after three days up trend.
Both signed a further down-trend.
It may be up for 1-2 days on crude story, but will fall again in this week.
NIFTY fut will opened around 4575.

For 13/06/2008

NIFTY showing some strength in intraday, but still weak on daily as well as weekly basis.

Tgt of 4194 is still to achieve.

R : 4567/4595/4620/4641.

S : 4505/4477/4463/4429/4402/4370/4354.

NIFTY FUT may open around 4523.

For 12/06/2008

Nifty looking still weak.
It will touch 4194 within three days.
R 4560,4578,4592
S 4502,4481,4460,4441,4425,4397
nifty fut may open around 4411.

For : 09/06/2008

Everone expecting gap-down opening, NIFTY not showing any type of bullish reversal. 4-5% downside expected.
S : 4575, 4460, 4402, 4357, 42995, 4205.
R : after crossing these level, they act as resistance further.

For 06/06/2008

Good opening in NIFTY around 4690, Sentiments are worst. Go short afetr 2'o clock.
S : 4652, 4625, 4580, 4553, 4537
R : 4725, 4747, 4770, 4794

For 05/06/2008

Still negative sentiments. If short covering comes in Ist half then go for short, if it comes after IInd half then wait only. Tgt of 4527 still to achieve.
Supports : 4498-4484-4460
Resistance : 4628-4668-4693

For 05/06/2008

Still negative sentiments. If short covering comes in Ist half then go for short, if it comes after IInd half then wait only. Tgt of 4527 still to achieve.
Supports : 4498-4484-4460
Resistance : 4628-4668-4693

For 04/06/2008

NIFTY has formed a ON-NECK BEARISH CONTINUATION PATTERN, Which will take NIFTY further down.
If short covering come take this oportunity to go short only.

For 03/06/2008

Worst is not yet over, target of 4527 can be seen in this week only.
Hope for the best, do mostly in intraday.

For 02/06/2008

NIFTY is in consolidation phase, we may not seen any major movement.

Today NIFTY will close flat. Closing above 4900 will be a good sign.

Stock to watch : Ranbaxy, Prakash, GujAlkali.

For 30/05/2008

Good opening but another weak day for NIFTY, it may close flat to (5-10) pts negative. If it trade below 4800 with good volumes, then panic start again.
On weekly basis it is very weak and go upto 4527 within this month.

For 29/05/2008

NIFTY may open gap-up on the ground of short covering & global conditions, but selling pressure may start from 1'o clock to close market neutral to 10-15 pts negative.
Stock to watch BALAJITELE.

For 28/05/2008

NIFTY is looking good, It may close 30-35 pts positive, Slightly short covering can be seen.
CorpBank to watch above 352 level, CentralBank may be going to bottom-out.

For 27/05/2008

Flat to positive opening, but not same closing. May be 50-60 pts negative closing for NIFTY.

For 23/05/2008

Another weak day for market. NIFTY should not close below 5020. If it does it will test the level of 4980 easily. If it doesn't it will check 5150 within couple of days.
Stocks to watch I-flex, NIIT TECH.

For 22/05/2008

NIFTY is at crucial level, go for long. It will find some hurdle at 5160, if it crosses with moderate volume and trade for sometime then look for 5205 on NIFTY.
Stocks to watch : JAYSHREE TEA (above 165) & TATA COFEE (above 255).

For : 20/05/2008

New buying will continue and take NIFTY to touch or even crosses 5200.
Stocks to watch : CLASSIC DIAMOND, PRAKASH IND, DEWAN HOUSING.

For 15/05/2008

Buying pressure will continue and take NIFTY close to 5080.
But after a pullback, new short selling may start and bring NIFTY close to its previous close.
Stock to watch INFOSYS, ORCHID, HINDALCO.

For 14/05/2008

A hopefully consolidated range bound trading session. Nifty should manage to close above 4980. You may see a slightly short covering in NIFTY & SENSEX, but may see profit booking in NIFTY Jr.

For 09/05/2008

For today NIFTY will trade above 5100 after some trading it may take 5100 as support & 5200 as resistance.

For 08/05/2008

For today Nifty is again not looking good. Yesterday NIFTY maintain the 5100 level but it may breach today.
You can take buy on BARTRONICS for trading purpose.

For 07/05/2008

Nifty is not looking good for today's session, It may reaches 5080 (If selling pressure still be there 5035 but may not breach it).
But take it as buying opportunity to buy heavy weight specially RELIANCE.

For 06/05/2008

Nothing To Much Worry In NIFTY. It May Cross 5300 In Couple Of Days And 5400 In Couple of Week.
Stock specific :
TTML should go 25% up from these level (CMP 37.55).
You Can Buy GAIL Above 450 With SL 440 For Tgt Of 480.

Back in action

Sorry friends to keep you wait for such a long time.

Thanx for your patience.

Now I am back & will meet you daily.

For 15/02/2008

Now Nifty Is Slowly Showing Some Positive Strength, Some Indicator Also Start Showing The Reversal.
You Can Buy Nifty With Strick SL Of 5125 For Tgt Of 5325.

For 14/02/2008

Finally, Nifty Shows Some Strength On RSI Level, But It Can Not Be Taken As Reversal.
You Can Buy Nifty With Strick SL Of 4875 For Tgt Of 5025->5075.

For 13/02/2008

Nifty Still In Sell Zone, If Nifty Open With A Gap Then Take This Opportunity To Short It.
Same Position As Of Previous Day.

For 12/02/2008

No Hope For Nifty, One Can Again Short Nifty With SL 4985 For Tgt 4404.

For 11/02/2008

Nifty Still Looking Weak, One Can Again Short Nifty With SL 5175 For Tgt 5033.
If Nifty Closes Below 5030, It Will Be A Very Dangerous Situation.
Lets Hope For The Best.

For 08/02/2008

Nifty Still Looking Weak, One Can Again Short Nifty With SL 5225 For Tgt 5025.

For 07/02/2008

Nifty Is Looking Weak, One Can Sell Nifty With SL 5372 For Tgt Of 5230.

For 05/02/2008

Long Nifty Tgt 5567.25 SL 5411.5

For 04/02/2008

Long Nifty Tgt 5400 SL 5260.

Expect New Rally

Afetr Looking On Nifty Chart With My Indicator, Nifty Take a Long Rally When My Indicator Make High & Come Back. It Seems That Nifty Can Go To New High From Here.
We Can Expect A Long Rally.

Weekly Report (04/02-08/02)

For Week 04/02/2008-08/02/2008.
Nifty Should Close Above.

• 5192.40 On 04/02/2008
• 5226.6 On 05/02/2008
• 5259.7 On 06/02/2008
• 5292.8 On 07/02/2008
• 5328.2 On 08/02/2008

Only Two Factor Plays The Market :

• Fear
• Greed
  

You Should Think Before Other To Win The Race.