Nifty Futures Weekly And Intraday Analysis Trend Report

[Nishikant]

Why So Many Levels?????

HARI OM​

NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 29th JUNE TO 3rd JULY 2009​

NIFTY FUTURES HAS CLOSED AT 4384

UPWARD VIEW OF NIFTY FUTURES​

NIFTY FUTURES WILL FACE STRONG RESISTANCE AT 4408 4420 BAND.



FOR ANY FURTHER UPTREND FOR THE REST OF THE WEEK A CLOSE ABOVE THE 4408 4420 BAND IS VERY NECESSARY.



""""SUSTAINING ABOVE 4408 4420 WILL TAKE NIFTY FUTURES TO 4449 4477 4507 4335"""""



4535 IS THE MAXIMUM FOR THE COMING WEEK & A REVERSAL IS EXPECTED FROM THIS RANGE OF 4535.


REGARDS,
NISHIKANT K. HADGE

HARI OM DEAR FRIENDS :thumb:


""""I RECEIVED COMMENTS FROM DEAR READERS THAT THE LEVELS I POST ARE SOMETIMES TOO MUCH & THAT I SHOULD LESSEN SOME LEVELS"""".


IN THE WEEKLY TREND REPORT OF NIFTY FUTURES I HAD POSTED THAT ABOVE 4408 - 4420 NIFTY FUTURES WILL REACH 4449 - 4477 - 4507 - 4335.


TODAY NIFTY FUTURES MADE A DAY HIGH OF 4447 & REVERSED. IF I HADN'T MENTIONED 4449 IN THE WEEKLY TREND REPORT AND IF I HAD DIRECTLY MENTIONED 4477 INSTEAD OF 4449 THEN THE ENTIRE WEEKLY REPORT WOULD BE A FAILURE.



I GIVE SO MANY LEVELS BECAUSE NIFTY FUTURES WILL HIT 4447 FIRST AND LATER SUSTAINING ABOVE 4447 IT WILL LEAP TOWARDS 4477.


AND SEE AS PER MY ANALYSIS NIFTY EXACTLY REACHED 4447 & MY WEEKLY TARGET WAS 4449 AND FROM THE DAY HIGH OF 4447 NIFTY FUTURES REVERSED SHARPLY TO CLOSE AT 4390.



AND LOOKING AT THE IMMEDIATE TARGET OF 4449 THAT WAS GOING TO BE HIT, I RECOMMENDED TO EXIT LONG IN NIFTY FUTURES.



NOW I HOPE THERE WOULD BE NO MORE PROBLEMS WITH THE LEVELS I POST.



TAKE CARE EVERYBODY


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[columbus]

Re: Why So Many Levels?????

TODAY NIFTY FUTURES MADE A DAY HIGH OF 4447 & REVERSED. IF I HADN'T MENTIONED 4449 IN THE WEEKLY TREND REPORT AND IF I HAD DIRECTLY MENTIONED 4477 INSTEAD OF 4449 THEN THE ENTIRE WEEKLY REPORT WOULD BE A FAILURE.

NISHIKANT K. HADGE

Dear Nishikant,

How about plotting the weekly chart in a smaller size? Some problem ????

 

[Nishikant]

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 30th JUNE 2009

HARI OM​

:thumb:​

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 30th JUNE 2009​

NIFTY FUTURES HAS CLOSED AT 4390

UPWARD VIEW OF NIFTY FUTURES​

4408 IS THE 1st HURDLE FOR NIFTY FUTURES.


UPMOVE WOULD BE SEEN ONLY IF NIFTY FUTURES MAKES STRONG GROUND ABOVE 4408 & BULLS WILL BE ACTIVE ABOVE 4408 ONLY.



ABOVE 4408 NIFTY FUTURES WILL FACE MAJOR OBSTACLE AT 4430 4434 & A REVERSAL FROM 4430 4434 IS EXPECTED



ABOVE 4430 4434 NIFTY FUTURES CAN RALLY UP TO 4458.90 AND ONCE AGAIN SELLING IS EXPECTED AT 4458.90.


BUT A MOVE PAST 4458.90 WITH FINE GREEN VOLUMES WILL TAKE NIFTY FUTURES TO 4484 4509.

DOWNWARD VIEW OF NIFTY FUTURES​

4384 IS THE 1st SUPPORT REGION FOR TOMORROWS INTRADAY SESSION.


BELOW 4384 THE REGION OF 4365 IS THE TREND DECIDER FOR TOMORROW.


""""IN THE DOWNWARD VIEW OF NIFTY FUTURES MENTIONED IN THE WEEKLY TREND REPORT OF NIFTY FUTURES I HAD MENTIONED ABOUT 4368""""


INABILITY TO SUSTAIN ABOVE 4368 WILL MAKE NIFTY FUTURES WEAK.


THE SAME 4365 4368 REGION HOLDS CRUCIAL FOR TOMORROWS INTRADAY SESSION AND BEARS WILL HAVE A UPPER HAND IF NIFTY FUTURES FAILS TO REMAIN FIRM ABOVE 4365 4368.


KINDLY CLICK ON THE LINK BELOW TO VIEW THE WEEKLY TREND REPORT


http://www.traderji.com/futures/26240-nifty-futures-weekly-intraday-analysis-trend-report-109.html


SO A FAILURE TO SUSTAIN ABOVE 4365 4368 WILL TAKE NIFTY FUTURES TO 4346 4315


1st BOUNCE BACK REGION IS PLACED AT 4315.


INABILITY TO HIT BACK HARD FROM 4315 WILL TAKE NIFTY FUTURES TO 4284.

TRADING CALLS FOR 29th JUNE 2009​

RIL BUY 2073 S/L 2062 TGT 2099 2126 2148 2171 & SELL 2057 S/L 2069 TGT 2044 2029 1997 - 1965



HDIL BUY 267 S/L 262 TGT 271 278 & SELL 260 S/L 263 TGT 256 249



BAJAJHIND BUY 231 S/L 224 TGT 238 247 & SELL 222 S/L 225 TGT 217 207



REL CAPITAL BUY 966 S/L 960 TGT 973 981 992 1004 & SELL 958 S/L 963 TGT 951 - 942 933 923



GMRINFRA BUY 156 S/L 150 TGT 162 169 & SELL 149 S/L 151 TGT 144 - 135



HAVE A NICE TRADING SESSION FOR TOMORROW



GANPATI BAPPA MORYA


HARI OM



REGARDS,
NISHIKANT K. HADGE

 

[linkon7]

For a change FII bought 672 cr in the equity segment. This broke the 9 straight days of selling. So the sharp fall towards the end can only be profit booking. But I am buying puts if NF close below 4350 tomorrow...

 

[vasamihir]

Nishikantji,

Though your levels are pretty accurate, I get caught on the wrong side. Have severly burned my fingers. Can you tell me how to trade using your levels? I use icicidirect.com

Mihir

 

[Nishikant]

Dear Linkon You Are Smart Enough For A Quick & A Wise Decision

For a change FII bought 672 cr in the equity segment. This broke the 9 straight days of selling. So the sharp fall towards the end can only be profit booking. But I am buying puts if NF close below 4350 tomorrow...

HARI OM LINKON BHAI :thumb:


BABU MOSHAY, NOW 4368 - 4346 HOLDS MAJOR SIGNIFICANCE FOR THE BULLS.


BULLS ACTIVE ABOVE 4346 - 4368 ONLY


HAVE A NICE TRADING SESSION TOMORROW.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[vasamihir]

Linkon7,

why would you buy puts? FII have already sold ... market has come down around 400pts on nifty.

Mihir

 

[upadhyayajigish]

Its too long to study please explain me with one current example if possible -thanks.

 

[Nishikant]

Vasamihir Bhai, Buy A Call In An Uptrend & Buy A Put In A Downtrend

Linkon7,

why would you buy puts? FII have already sold ... market has come down around 400pts on nifty.

Mihir

HARI OM DEAR VASAMIHIR :thumb:


4368 - 4346 IS THE TREND DECIDER FOR THE REMAINING DAYS IN THIS WEEK.



THE MOMENT 4368 - 4346 WOULD BE BREACHED THEN BEARS WOULD MAKE A COMEBACK.


AND IF A NEW ROUND OF SELL OFF WOULD BEGIN THEN DEAR VASAMIHIR, WOULD YOU BUY A CALL OR A PUT?????


IF 4368 - 4346 IS BREACHED THEN SELLERS WOULD GO SHORT AND KEEP A STOP LOSS ABOVE 4368 OR THEY WILL KEEP A STOP LOSS AS PER THEIR CONVENIENCE.


GOOD NIGHT & SWEET DREAMS



REGARDS,
NISHIKANT K. HADGE

 

[linkon7]

Linkon7,

why would you buy puts? FII have already sold ... market has come down around 400pts on nifty.

Mihir

the 1030 min ema is at 4350... so if nifty falls below that, like Nishi-bhai said, we can expect a whole round of selling. 4347 also happens to be the low today. So that can act as the last support. Plus the expectation from the upcoming budget is too high, fiscal deficit huge, so big players are not ready to buy high and expect to sell higher. Markets will find selling pressure at every level.