Nifty Futures Weekly And Intraday Analysis Trend Report

[amolkulkarni]

Re: 4178 - 4162 Now Crucial Support Region

HARI OM DEAR FRIENDS :thumb:



NOW NIFTY FUTURES IS TRADING ABOVE THE 4162 - 4178 REGION



THEREFORE THIS REGION OF 4162 - 4178 WILL ACT AS CRITICAL SUPPORT REGION FOR THE BULLS.



UPWARD TREND FROM HERE ABOVE 4178 ONLY.



IF & ONLY IF NIFTY FUTURES SUSTAINS ABOVE 4178 - 4162 THEN THE IMMEDIATE TARGET OF 4207 WILL COME INTO EFFECT.





REGARDS,
NISHIKANT K. HADGE

HARI OM SIR

HERE I ATTACHED THE TREND SHEET FOR OUR FRIENDS AS YOU WRITE YESTERDAY 4131 IS TREND DECIDER IF SUSTAIN ABOVE THIS THEN NIFTY WILL GO UP TO 4161 SAME NIFTY CONSOLADATE HERE FOR ALMOST HALF an HOUR AND THEN WITH GREEN VOLUME TREND UP TO 4207 NEXT TARGET AND FINALLY CLOSED AT 4240 GREAT SIR GOD BLESS YOU

 

[amolkulkarni]

Re: 4178 - 4162 Now Crucial Support Region

hari om sir

here i attached the trend sheet for our friends as you write yesterday 4131 is trend decider if sustain above this then nifty will go up to 4161 same nifty consoladate here for almost half an hour and then with green volume trend up to 4207 next target and finally closed at 4240 great sir god bless you

here i attached the weekly trend sheet
as sir mentioned on sunday for upcoming week

 

[columbus]

Re: 4178 - 4162 Now Crucial Support Region

REGARDS,
NISHIKANT K. HADGE[/B]

Just compare this with Yahoo finance's RSI chart.

That is why I do not like Yahoo charts.

 

[Nishikant]

Thank You Amol & Thank You Everybody

here i attached the weekly trend sheet
as sir mentioned on sunday for upcoming week

HARI OM DEAR AMOL & HARI OM DEAR FRIENDS :thumb:


Amol BHAI :- WEEKLY FILE ALSO INTERPRETED IN THE "TREND SHEET". VERY GOOD.


IT SEEMS NOW THERE WOULD NOT BE A PROBLEM FOR THE NEW PEOPLE WHO VISIT THIS THREAD. THEY WILL UNDERSTAND THE CONCEPT CLEARLY.


COLUMBUS BHAI :- I AM SORRY, BUT THAT IS THE ONLY UTILITY I USE. SO CAN YOU TELL ME WHICH SOFTWARE ARE YOU USING???? I WILL ALSO INSTALL THE SAME SOFTWARE.


PRAVEEN BHAI :- WELCOME DEAR FRIEND, WHERE ARE YOU NOWADAYS. MISSED YOU A LOT BUDDY. KEEP CHECKING IN. ITS MY PLEASURE TO SEE YOU HERE. AND WHERE IS OUR FRIEND, PKAMALESH. TELL HIM I SAID "HI" TO HIM.

&

ITS MY PLEASURE TO HAVE EACH & EVERY ONE WHO VISIT THIS THREAD WITH LOVE & AFFECTION.


TAKE CARE. ITS TIME TO READ FII'S MIND FOR TOMORROW AND POST AT THIS VERY THREAD AFTER A FEW MINUTES.




GANPATI BAPPA MORYA


HARI OM




REGARDS,
NISHIKANT K. HADGE

 

[columbus]

Re: Thank You Amol & Thank You Everybody

COLUMBUS BHAI :- I AM SORRY, BUT THAT IS THE ONLY UTILITY I USE. SO CAN YOU TELL ME WHICH SOFTWARE ARE YOU USING???? I WILL ALSO INSTALL THE SAME SOFTWARE.


NISHIKANT K. HADGE[/B]

I am using TradeTiger only.
But I keep X-axis=Y-axis.The frame length in X-axis is same as in Y-axis.
But in Yahoo charts we do not have a choice.
I think in yahoo charts, x-axis length > 1.5 times y-axis. This will create undue "Stretch effect" often creating false impression about the data.
I do not advocate any change in your current setup ,if you are happy with it.

 

[Nishikant]

Very Important Kindly Note It Down

HARI OM DEAR FRIENDS :thumb:

VERY VERY VERY IMPORTANT​

KINDLY NOTE THIS DOWN ON A PIECE OF PAPER.


""""WE WANT A CONFIRMATION WHETHER THIS UPTREND WILL LAST FOR LONG OR IS THIS RISE IN NIFTY FUTURES IS A TEMPORARY PULL BACK???????"""""


THE REASONING FOR THE SAME IS MENTIONED BELOW. KINDLY NOTE IT DOWN, IT IS FOR THE NEAR TERM.


NIFTY FUTURES HAS NOW ENTERED AN AREA OF CONGESTION



AREA OF CONGESTION:- IT IS SAID BY THE DOW ANALYSTS THAT WHENEVER A PARTICULAR STOCK OR INDEX HAS A CLUSTER OF RESISTANCES ABOVE IT, IT IS NEARING AN AREA OF CONGESTION


FOR TOMORROW NIFTY FUTURES HAS 4 MAJOR RESISTANCES ABOVE IT, THEY ARE 4262/4269 & 4284 & 4293.90 & 4305


AMONG ALL THIS RESISTANCES THE 4269 & 4293.90 ARE THE CRUCIAL ONES.



"""""NIFTY FUTURES WILL HAVE AN UPTREND ONLY IF IT SUSTAINS & CLOSES ABOVE 4269 - 4294 OR ELSE THIS UPTREND CAN WITNESS A REVERSAL ON THE DOWNSIDE"""""



A MINIMUM CLOSE ABOVE 4262 IS A MUST SO THAT THE IMMEDIATE BOTTOM OF 3906 IS CONFIRMED AS A SUPPORT FOR THE NEAR TERM.




DO NOT TAKE THIS LIGHTLY, IT IS VERY IMPORTANT.



REGARDS,
NISHIKANT K. HADGE

 

[Shreenath]

Dear Nishikant, Amol and Columbus,
Namaste!!. I'm new to this thread but not new to trading.

I'm interested to trade the nifty futures contract for both intraday and swing trading lasting anywhere from a day to several days.

Could you please share with me your experiences....?
Is volatility enough to do intraday for Nifty?
Or is swing trading better?

Who do you think are decent brokers with decent commissions and fast executions(stand alone platform will be helpful)?

Could you please give me the site names that might offer me both end of the day and intraday data for Nifty on an excel spreadsheet?(I found one website for End of the day data) I can import this data onto tradestation and do my analysis. Once I'm setup I will be able to contribute to this thread. I feel you all are doing a wonderful job.

Thank you for your reply in advance
Shreenath

 

[Nishikant]

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JULY 2009

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JULY 2009​

HARI OM


:thumb:


NIFTY FUTURES​

NIFTY FUTURES HAS CLOSED AT 4237. THE 50 DMA IS PLACED AT 4244
SO 50 DMA OF 4244 WILL ACT AS A MAJOR RESISTANCE.

SPOT NIFTY​

NIFTY SPOT HAS CLOSED AT 4233.50 THE 50 DMA IS PLACED AT 4236
SO 50 DMA OF 4236 WILL ACT AS A MAJOR RESISTANCE

UPWARD VIEW OF NIFTY FUTURES​

TREND DECIDER FOR TOMORROW IS THE 50 DMA THAT IS PLACED AT 4244.


UPTREND ABOVE 4244 ONLY.


ABOVE THE 50 DMA OF 4244 IMMEDIATE RESISTANCE IS PEGGED AT 4262-4269.


THE TREND IS LIKELY TO REVERSE FROM THIS REGION OF 4262 - 4269


SUSTAINING ABOVE 4262 -4269 WILL CARRY NIFTY FUTURES UPWARDS TO 4284 4293.90 ZONE.


"""""4293.90 IS A MAJOR RESISTANCE AND NIFTY FUTURES HAS A VERY BIG CHANCE OF REVERSING FROM THIS REGION"""""


IF NIFTY FUTURES MAKES A FIRM GROUND AND MANAGES TO HOLD ITSELF ABOVE 4293.90 THEN & ONLY THEN A FURTHER RISE UP TO 4303 4336.90 CAN BE EXPECTED.



4336.90 IS THE MAXIMUM FOR TOMORROWS INTRADAY SESSION.

DOWNWARD VIEW OF NIFTY FUTURES​

4200 IS THE MAJOR SUPPORT ON THE DOWNSIDE.


IF NIFTY FUTURES FAILS TO HOLD ABOVE THE 4200 MARK THEN IT CAN SLIP FURTHER TO 4184 4167.


1st BOUNCE BACK REGION IS PLACED AT 4167.


CRACK AT THE BOUNCE BACK REGION OF 4167 AND NIFTY FUTURES CAN SLIDE DOWN FURTHER TO 4143 4117 REGION.


TODAY'S DAY LOW OF 4117 SHOULD IS A SIGNIFICANT SUPPORT FOR TOMORROWS INTRADAY SESSION.


A CRACK AT 4117 & NIFTY FUTURES WILL SLIDE DOWN FURTHER TO 4096 4075.


2nd & THE LAST BOUNCE BACK REGION IS PLACED AT 4075 & A CRACK AT 4075 WILL TAKE NIFTY FUTURES DOWN TO 4033.

TRADING CALLS FOR 16th JULY 2009​

RIL BUY 1862 S/L 1849 TGT 1883 1904 1920 1936 & SELL 1848 S/L 1857 TGT 1830 1804 1779


TATA STEEL BUY 376 S/L 372 TGT 382 388 391 396 & SELL 370 S/L 375.60 TGT 367 362 - 355


RECLTD BUY 179 S/L 174.50 TGT 185 192 & SELL 173.50 S/L 175.20 TGT 168 157


PFC BUY 227 S/L 220 TGT 231 237 & SELL 219 S/L 221 TGT 215 206


IBREALEST BUY 217 S/L 211 TGT 222 - 228 235 - 242 & SELL 209 S/L 212 TGT 200 193 185


HAVE A NICE TRADING SESSION TOMORROW


GANAPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[mysticalrun]

hi all,,,,

pardon me if i was wrong....... all i can SAY IS THAT........ THERE IS NO SUPPORT OR RESISTANCE KIND IF THINGS IN NIFTY FUTURE, WHEN IT HAS TO GO IT WILL GO UP..... AND WHEN IT HAS TO COME DOWN IT WILL COME DOWN....SEE WHAT IM TRYING TO SAY IS THAT IM NOT RULING OUT NISHIKANT SIR EFFORT OR ANY ONE EFFORTS. BUT AS A COMMON INVESTOR I THINK THEN I FEEL THAT THERE IS NO SUCH THINGS SUPPORT OR RESISTANCE IN NIFTY FUTURE.SEE TODAY EXAMPLE NO ONE KNOWS THAT IT WILL DIRECTLY OPEN AT 4151... ABD AFTER CROSSING 4185 IT GOES LIKE ROCKET TO 4201 AND AFTER THAT AGAIN IT PAST 4207 VERY EASILY[RESISTANCE} VERY SMOOTHLY AND MADE A HIGH OF 4251... SO MY POINT IS AT WHT PRICE AND WHAT TIME WE WILL BUY OR SHORT??? BECOZ WHEN NIFTY IS IN MOOD THEN THERE IS NO SUPPORT OR RESISTANCE FOR IT.... THEN WHY WE R TALKING ABT SUPPORT AND RESISTANCE AND SECOND THING SMALL INVESTOR LIKE US THAT WHAT TO FOLLOW DAILY TRADING CHART OR WEEKLY LEVEL CHART,,,,,, ITS VERY CONFUSING,,, SO MY PERSONAL VIEW IS THAT ALWAYS GO WITH THE TRAND OF THAT PARTICULAR DAY. PLZZZ SHARE UR VIEWS

THXXXX

 

[amolkulkarni]

Re: NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JULY 2009

nifty futures intraday trend analysis & trading calls for 16th july 2009​

hari om


:thumb:


nifty futures​

nifty futures has closed at 4237. The 50 dma is placed at 4244
so 50 dma of 4244 will act as a major resistance.

spot nifty​

nifty spot has closed at 4233.50 the 50 dma is placed at 4236
so 50 dma of 4236 will act as a major resistance

upward view of nifty futures​

trend decider for tomorrow is the 50 dma that is placed at 4244.


uptrend above 4244 only.


Above the 50 dma of 4244 immediate resistance is pegged at 4262-4269.


the trend is likely to reverse from this region of 4262 - 4269


sustaining above 4262 -4269 will carry nifty futures upwards to 4284 4293.90 zone.


"""""4293.90 is a major resistance and nifty futures has a very big chance of reversing from this region"""""


if nifty futures makes a firm ground and manages to hold itself above 4293.90 then & only then a further rise up to 4303 4336.90 can be expected.



4336.90 is the maximum for tomorrows intraday session.

downward view of nifty futures​

4200 is the major support on the downside.


if nifty futures fails to hold above the 4200 mark then it can slip further to 4184 4167.


1st bounce back region is placed at 4167.


crack at the bounce back region of 4167 and nifty futures can slide down further to 4143 4117 region.


Today's day low of 4117 should is a significant support for tomorrows intraday session.


A crack at 4117 & nifty futures will slide down further to 4096 4075.


2nd & the last bounce back region is placed at 4075 & a crack at 4075 will take nifty futures down to 4033.

trading calls for 16th july 2009​

ril buy 1862 s/l 1849 tgt 1883 1904 1920 1936 & sell 1848 s/l 1857 tgt 1830 1804 1779


tata steel buy 376 s/l 372 tgt 382 388 391 396 & sell 370 s/l 375.60 tgt 367 362 - 355


recltd buy 179 s/l 174.50 tgt 185 192 & sell 173.50 s/l 175.20 tgt 168 157


pfc buy 227 s/l 220 tgt 231 237 & sell 219 s/l 221 tgt 215 206


ibrealest buy 217 s/l 211 tgt 222 - 228 235 - 242 & sell 209 s/l 212 tgt 200 193 185


have a nice trading session tomorrow


ganapati bappa morya


hari om


regards,
nishikant k. Hadge

hari om sir
thank you very much for your valuable advice sir may god ganpatti bappa give you good helth and lots of prosperity

sir i attach trend sheet here