Nifty Futures Weekly And Intraday Analysis Trend Report

[MurAtt]

Re: Hari Om Dhiraj Bhai

Nishikant,

Traderji is an excellent place to exchange IDEAS.To be frank What I learned
here in one year is more than what I learned in 5 years else where.

B I N G O

 

[Nishikant]

Elliot Wave Advanced Analysis

HARI OM

LAST WEEK, I HAD POSTED A FILE ABOUT " INTRODUCTION TO ELLIOT WAVE "


THE LINK TO THE 1st INTRODUCTORY FILE WAS :-


http://www.traderji.com/futures/26240-nifty-futures-weekly-intraday-analysis-trend-report-22.html


NOW HERE IS THE ADVANCED FILE FOR "ELLIOT WAVE ANALYSIS"


THERE ARE ELEVEN WAVE PATTERNS IN ELLIOT. A BRIEF DESCRIPTION OF THOSE ELEVEN WAVE PATTERNS IS GIVEN IN THE PDF FILE ATTACHED TO THIS POST.


KINDLY DOWNLOAD THE FILE ATTACHED TO THIS POST


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

BANK NIFTY APRIL FUT WEEKLY TREND ANALYSIS FROM 27th APRIL TO 30th APRIL 2009

HARI OM

BANK NIFTY APRIL FUT WEEKLY TREND ANALYSIS FROM 27th APRIL TO 30th APRIL 2009


UPWARD VIEW OF BANK NIFTY:-​

5182 WILL ACT AS A STRONG RESISTANCE FOR THE BANK NIFTY TO MOE UPWARDS.


A CLOSE ABOVE 5182 IS A MUST FOR THE BULL RUN TO CONTINUE.


FAILURE TO CLOSE & SUSTAIN ABOVE 5182 WILL BE A SIGN OF TREND REVERSAL.


UPTREND WILL START ABOVE 5182 ONLY.



ABOVE 5182 RESISTANCE FOR BANK NIFTY IS PEGGED AT 5236 5278 5351 5444 5610.


IF BANK NIFTY GIVES A CLOSE ABOVE 5182 & IF IT CLOSES ABOVE 5278 THEN IT WILL GET MORE FUEL TO PROPEL UPWARDS.


SO 5182 & 5278 ARE TWO IMPORTANT ZONES ABOVE WHICH BANK NIFTY FUT SHOULD CLOSE.

DOWNWARD VIEW OF BANK NIFTY FUT :-​

BANK NIFTY SPOT HAS CLOSED ABOVE ITS 200 EMA THAT IS PLACED AT 5008 & ITS 200 DMA THAT IS PLACED AT 4981.



IN CASE OF PROFIT BOOKING THIS TWO MAJOR AVERAGES WILL ACT AS A CUSHION.


BANK NIFTY FUT HAS RALLIED FROM THE LOW OF 4726.



THEREFORE THE SAME BOTTOM OF 4700 WILL ACT AS A STRONG SUPPORT FOR BANK NIFTY FUT FOR THE WEEK AHEAD.


SO WEEKLY SUPPORT FOR BANK NIFTY IS PEGGED AT 5000 4940 4868 4789 4662 4535.


BOUNCE BACK ZONE IS PLACED AT 4940 AND IF THAT IS BREACHED THEN BANK NIFTY FUT WILL HIT LOWER LEVELS.


HAVE A NICE TRADING WEEK


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[arihantm16]

Nishikant,
Thanks for the post. I am new to trading and doing Nifty with mixed result. The net sum is 0:clap:. I want to improve it. As you give o stocks like RIL etc, pl give buyy sell level for nifty. This will help lot of people
Arihant

 

[Nishikant]

NIFTY FUT WEEKLY TREND ANALYSIS FROM 27th APRIL TO 30th APRIL 2009

..................................................

 

[Nishikant]

NIFTY FUT WEEKLY TREND ANALYSIS FROM 27th APRIL TO 30th APRIL 2009

HARI OM


NIFTY FUT WEEKLY TREND ANALYSIS FROM 27th APRIL TO 30th APRIL 2009 & TRADING CALLS FOR 27th APRIL 2009



LAST WEEK AS PREDICTED NIFTY FUT DID NOT BREACH THE CRUCIAL ZONE OF 3300 3250 AND SUSTAINED VERY WELL ABOVE IT TO MAKE A WEEKLY HIGH OF 3494.

UPWARD VIEW OF APRIL NIFTY FUT:-​

WEEKLY RESISTANCE FOR NIFTY FUT IS PEGGED AT 3506 - 3518 3536 3570 3622 3651 3721.


3518 3536 WILL ACT AS A HUGE RESISTANCE FOR THE BULLS AND A COMPULSORY CLOSE ABOVE 3518 3536 WITH HUGE GREEN VOLUMES IS NEEDED FOR THIS UPTREND TO CONTINUE.


UNABLE TO CLOSE AND SUSTAIN ABOVE 3518 3536 WILL BE A SIGN OF PROFIT BOOKING.


UPTREND WILL BE VISIBLE ABOVE 3518 3536 ON A CLOSING BASIS ONLY.


PRIMARY UPTREND WILL START ABOVE 3518 3536 & MORE FLIGHT TO THIS RALLY WOULD BE VISIBLE IF NIFTY FUTURE CLOSES ABOVE 3580.

DOWNWARD VIEW OF NIFTY FUT:-​

THE 200 EMA FOR SPOT NIFTY IS PLACED AT 3394 & THE 200 DMA OF SPOT NIFTY IS PLACED AT 3389.


SO 3390 IS A MAJOR SUPPORT FOR SPOT NIFTY AND THE SAME WILL ACT AS A STRONG SUPPORT FOR NIFTY FUTURES.


THE 1st CUSHION FOR NIFTY FUT IS PEGGED AT 3450.


SO WEEKLY SUPPORT FOR NIFTY FUT IS PEGGED AT 3450 3415 3390 3366 3328 3298 3270 - 3232


CRUCIAL WEEKLY SUPPORT LEVELS ARE 3415 3367 3298 3232



IN CASE OF PROFIT BOOKING 3232 3224 WILL ACT AS A STRONG BOUNCE BACK ZONE.

TRADING CALLS FOR 27th APRIL 2009​

RIL BUY 1777 S/L 1767 TGT 1795 1813 1828 1843 & SELL 1763 S/L 1772 TGT 1748 1725 - 1702


HDIL BUY 155 S/L 151 TGT 157 162 & SELL 150 S/L 152 TGT 147 140


REL CAP BUY 560 S/L 549 TGT 569 580 & SELL 547 S/L 552 TGT 540 525


ESSAR OIL BUY 170 S/L 166 TGT 177 185 & SELL 165 S/L 169 TGT 158 149


REL INFRA BUY 732 S/L 727 TGT 743 755 762 771 & SELL 726 S/L 731 TGT 721 716 702 690


HAVE A NICE TRADING SESSION FOR THE WEEK AHEAD.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Option Call For SBI & NIFTY FUT

HARI OM

Buy Nifty 3500 Call At 44 With A Stop Loss Of 27 For A Target Of 76

& Buy SBI 1320 Call At 27 For A Target Of 47 And A Stop Loss Of 17


GANPATI BAPPA MORYA


HARI OM


Regards,
Nishikant K. Hadge

 

[arihantm16]

Re: Option Call For SBI & NIFTY FUT

Please answer this
Nishikant,
Thanks for the post. I am new to trading and doing Nifty with mixed result. The net sum is 0. I want to improve it. As you give o stocks like RIL etc, pl give buyy sell level for nifty. This will help lot of people
Arihant

HARI OM

Buy Nifty 3500 Call At 44 With A Stop Loss Of 27 For A Target Of 76

& Buy SBI 1320 Call At 27 For A Target Of 47 And A Stop Loss Of 17


GANPATI BAPPA MORYA


HARI OM


Regards,
Nishikant K. Hadge

 

[nitu20]

Re: Option Call For SBI & NIFTY FUT

HARI OM

Buy Nifty 3500 Call At 44 With A Stop Loss Of 27 For A Target Of 76

& Buy SBI 1320 Call At 27 For A Target Of 47 And A Stop Loss Of 17


GANPATI BAPPA MORYA


HARI OM


Regards,
Nishikant K. Hadge

Dear Nishikant,
I am doing paper trade since 15 days. Earlier was very active with trading but lost all my capital. Just came to your thread last week and read all the posts. Today done paper trading with your rec. Thanks a lot.

Priyank

 

[nimish01]

10 ril @ 1792
10 relcap @ 566
50 tatamotors @ 256
50 tatasteel @ 261
10 tatapower @ 866

ne advice???
m thinking of holding them for very short term
or shall i sell???