Monday, June 30, 2008

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.

Thursday, June 26, 2008

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.

Wednesday, June 25, 2008

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.

Tuesday, June 24, 2008

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.

Monday, June 23, 2008

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

Friday, June 20, 2008

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.

Thursday, June 19, 2008

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

Wednesday, June 18, 2008

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.

Tuesday, June 17, 2008

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.

Monday, June 16, 2008

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.

Friday, June 13, 2008

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.

Thursday, June 12, 2008

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.

Monday, June 9, 2008

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.

Friday, June 6, 2008

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

Thursday, June 5, 2008

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

Wednesday, June 4, 2008

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.

Tuesday, June 3, 2008

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.

Monday, June 2, 2008

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.