Market updates for Intraday

[Uncle-ji]

Friday, 22-July-2011, 12:10pm

Market positive; Going strong from opening; Now flat;
NIFTY around 5620; Going flat now; Neutral to positive bias;
Support still at 5570; Resistance of 5600 breached;
Now in resistance region of 5620-5640; Next is at 5680;
This resistance level of 5620-5640 holding for a long time;
Market likely to trade range-bound for some more time;
Can take direction in any side in next hour. Careful...

Next Alert today after 1pm.

 

[Uncle-ji]

Friday, 22-July-2011, 1:10pm

Market in green; Going Good; Progressive Market;
Whole world is in the green as of now;
NIFTY around 5610 now; Support of 5570 still in force;
Still in resistance region of 5620-5640; Next is at 5680;
Current level will have to be crossed for more upside;
Slight positive bias very much visible;
Market likely to continue with upward surge, slowly.

 

[Uncle-ji]

Friday, 22-July-2011, 2:40pm

Market deep in the green; Going strong;
Whole world is in the green; Sentiments strong;
NIFTY still around 5610; Support of 5570 still in force;
Still in resistance region of 5620-5640;
Current level will have to be crossed for more upside;
Slight positive bias still exists;
Market likely to remain range-bound till the end;
Careful ... do not lose profits already made.

 

[Uncle-ji]

Monday, 25-July-2011, Pre-Market 09:00am

Gap-down opening expected for our markets today;
Asian markets are trading negative; Market sentiments low;
Dollar is down at 44.2400; WTI Crude is up at $99.81;
NIFTY support levels today are: 5570, 5530 and 5495;
NIFTY resistance levels today are: 5685, 5700 and 5720;
Results today: RIL, Sterlite, HCL Tech, and others;
No other domestic trigger lined up for our market today;
Possibility of RBI raising rates once again tomorrow;
Near-term direction for our markets slight positive.

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Daily updates just after: 8:45am, 10am, 11am, 12:30pm and 2:30pm

 

[Uncle-ji]

Monday, 25-July-2011, 9:55am

Flat opening; Went down after that; Going OK now;
Asian markets in bad; Our market positive;
NIFTY around 5645 now; Going up smartly;
Found local support at 5620 level; More support is at 5610;
Resistance is at 5685; And then at 5700;
Market likely to move up with a few breaks;
Be careful when taking position in high momentum...

 

[Uncle-ji]

Monday, 25-July-2011, 11:10am

Market positive; Going strong after opening; Now choppy;
NIFTY around 5635; Going choppy now; Around the line;
Found good resistance at 5650; And support at 5625;
Larger support is still at 5610;
Market likely to trade choppy and fluctuate for some time;
Careful...

 

[Uncle-ji]

Monday, 25-July-2011, 12:50pm

Market flat; Going choppy around the line;
NIFTY around 5630; Still going flat around the line;
Resistance of 5650 still in force; Support still at 5610;
Market likely to trade choppy and fluctuate for some more time;
Slight positive bias now visible.

 

[Uncle-ji]

Monday, 25-July-2011, 2:40pm

Market in the green; NIFTY gave a 60-point surge;
NIFTY around 5700; Resistance at this level under test now;
Support is now at 5630; More support is at 5610 and 5570;
Momentum is strong and positive bias still exists;
Market likely to continue in this fashion till the end;
Careful ... do not lose profits already made.

 

[Uncle-ji]

Tuesday, 26-July-2011, Pre-Market 09:10am

Gap-up opening expected for our markets today;
Asian markets are trading mixed; Market sentiments uncertain;
Dollar is up at 44.2650; WTI Crude is down at $99.04`;
NIFTY support levels today are: 5625, 5610 and 5570;
NIFTY resistance levels today are: 5700, 5740 and 5775;
Results today: Cairn, JSW Steel, Glenmark, Opto Circuits and others;
RBI quarterly monetary policy review today;
Possibility of RBI announcing 25 bps rate hike;
Near-term direction for our markets: positive.

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Daily updates just after: 8:45am, 10am, 11am, 12:30pm and 2:30pm

 

[Uncle-ji]

Tuesday, 26-July-2011, 09:55am

Flat opening; Went down after that; Going flat now;
Asian markets mixed; Our market neutral;
NIFTY around 5680 now; Going sideways around the line;
Found local support at 5670 level; More support is at 5625;
Resistance is at 5700; And then at 5740;
Market uncertain right now; RBI announcement awaited;
Be careful in uncertain market...