Market updates for Intraday

[Uncle-ji]

Monday, 25-Apr-2011, 10:00am

Flat opening as predicted; Going flat now;
World markets mixed; Our markets should rally;
NIFTY now at around 5895; Positive bias;
Markets should rally from here;
Upward movement will be confirmed after 5900.

 

[Uncle-ji]

Monday, 25-Apr-2011, 12:30pm

Market still very Flat; Fluctuating between positive and negative zones;
NIFTY now around 5880; Uncertain bias;
Positive trend certain after 5900; Negative below 5840;
Good chances of a positive breakout;
Asian markets closing mixed; Await Europe opening;
Be certain before taking position in LONG.

 

[Uncle-ji]

Monday, 25-Apr-2011, 2:30pm

Market still absolutely Flat; Uncertain bias;
NIFTY now around 5875; Likely to continue within a band;
Still fluctuating between positive and negative zones;
Asia closing in red; Europe on a holiday;
Do not take unnecessary risk; Stay Away if already in profit.

 

[Uncle-ji]

Tuesday, 26-Apr-2011, Pre-Market 8:45am

Flat or slight gap-down opening predicted for our market today;
World markets mostly in red; Dollar prices up; Crude holding;
NIFTY support levels today are: 5840 and 5800;
NIFTY has resistance today at these levels: 5910, 5925 and 5970;
Q4 Results today: ACC, AMBUJACEM, PETRONET and others;
Choppiness to continue in our markets due to lack of direction.

 

[Uncle-ji]

Tuesday, 26-Apr-2011, 10:00am

Gap-down opening as predicted; Going down fast;
World markets bad; Our markets can go down further;
NIFTY now around 5825; Going flat now;
Resistance of 5840 breached;
Downside will be confirmed if resistance of 5800 is also broken;
Upside relief definitely possible later in the day.

 

[Uncle-ji]

Tuesday, 26-Apr-2011, 11:00am

Our market in deep red; Now going flat in negative zone;
NIFTY now around 5810; Looks like the NIFTY resistance of 5800 is holding;
Downside will be pronounced if this level is breached convincingly;
All major world markets are in red; Our markets likely to trade within a range;
Positive breakout possible; Go LONG in intraday only after 5840.

 

[Uncle-ji]

Tuesday, 26-Apr-2011, 12:30pm

Market still very deep in the red; Going flat now;
Asian markets closing in red; But we have chances of a positive breakout;
NIFTY still hovering around the 5800 mark; Trading in a range;
As before, downside will continue after NIFTY goes below 5790 convincingly;
Positive breakout only after 5840; Go LONG in intraday only after that.
Careful in LONG in falling market.

 

[Uncle-ji]

Tuesday, 26-Apr-2011, 2:30pm

Expected turn-around happening; Market still in red;
Positive bias; Europe opened strongly positive;
NIFTY now around 5860; Peaked at 5870; Going down now; Will surge again;
Intraday traders should have already made their daily profits;
Do not take unnecessary risk; Stay Away if already in profit.

 

[Uncle-ji]

Wednesday, 27-Apr-2011, Pre-Market 8:45am

Gap-up opening predicted for our market today;
All major World markets in the green; Dollar & Crude slightly lower;
NIFTY support levels today are: 5840 and 5800;
NIFTY has resistance today at these levels: 5925, 5950 and 5970;
Q4 Results today: WIPRO, DABUR, EXIDEIND and others;
Good but turbulent trading likely today due to expiry tomorrow.

 

[Uncle-ji]

Wednesday, 27-Apr-2011, 10:00am

Gap-up opening as predicted; Going flat after that;
World markets good; Our markets should go up;
WIPRO results below market expectations, though good;
NIFTY now around 5870; Positive surge will be confirmed after 5890;
Changes for a downward movement cannot be ruled out below 5855;
Intraday traders need to hold horses till direction comes;
You can be stock-specific now.