Nifty Futures Weekly And Intraday Analysis Trend Report

[Nishikant]

3519 Resistance Taken & 3420 Support Taken

HARI OM


THIS WAS MY PREDICTION IN THE WEEKLY TREND ANALYSIS FOR NIFTY FUTURES YESTERDAY




"CRUCIAL WEEKLY SUPPORT LEVELS ARE 3415 3367 3298 3232"


AND


"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"




NIFTY FUTURES MADE A LOW OF 3420 IN THE MORNING TRADING SESSION AND FROM THERE BOUNCED BACK TO MAKE A HIGH OF 3519..


"I HAD MENTIONED 3518 - 3536 AS A HUGE RESISTANCE"


NIFTY FUTURES HIT 3518 AND AS PREDICTED PROVED TO BE A TOUGH RESISTANCE FOR GOING MORE UPWARDS.


KINDLY SEE THE HIGH OF NIFTY FUTURES AS ON TODAY, IT IS 3519.


AND IN THE ABOVE INTRADAY CHART OF SPOT NIFTY, IT TANKED AFTER HITTING 3519.


SO MY PREDICTION ONCE AGAIN BANGED.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

HARI OM Nimish Bhai

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???

HARI OM NIMISH BHAI

RIL 1786 STRONG RES. FURTHER UP MOVE ABOVE 1786 ONLY. ABOVE 1786 RES PEGGED AT 1815 - 1840. MAJOR HURDLE AT 1840 AND FURTHER UPTREND ABOVE 1840 ONLY. IMMEDIATE MAJOR SUPPORT AT 1750, IF BREAKS 1750 THEN A FALL UP TO 1729 - 1720 NOT RULED OUT. ON THE LOWER SIDE BULLS ACTIVE TILL RIL TRADES ABOVE 1750. TODAY RIL CLOSED AT 1785.55

REL CAP CLOSED AT 532. MAJOR RES AT 580. REL CAP WILL SHOW MORE DOWNTREND IF FAILS TO CLOSE ABOVE 540. BELOW 540 IT HAS BECOME BEARISH. IMMED SUPPORT 529 - 518 & IMMED RES AT 540 - 554 - 571.

TATA MOTORS CLOSED AT 249. MAJOR SUPPORT 245. WILL BECOME BEARISH IF BREACHES 245 AND FAILS TO SUSTAIN ABOVE IT. BELOW 245 IMMED SUPPORT PEGGED AT 241 - 237 & IMMED RES PEGGED AT 260 - 265- 272. IN CASE IT MOVES UPWARDS THEN EXITING AROUND 272 IS A FAVORABLE VIEW.

TATA STEEL CLOSED AT 253. MAJOR SUPPORT 248. IMMED RES PEGGED AT 260 - 267 - 272 - 276. UNLESS AND UNTILL IT DOES NOT CLOSE ABOVE 260 WITH STRONG GREEN VOLUMES THERE WONT BE FURTHER UPTREND.

TATA POWER CLOSED AT 863. WILL COME BEARISH IF BREAKS 861 - 856 REGION. THIS ZONE OF 861 - 856 IS A VERY CRUCIAL ZONE FOR THE BULLS. UPTREND CAN BE VISIBLE ABOVE 860 ONLY. IMMEDIATE RES PEGGED AT 868 - 875. TATA POWER WILL FACE BIG HURDLE AT 880 AND FURTHER UPTREND LIKELY, ONLY ON A CLOSING BASIS ABOVE 880 ONLY.

LONG BUILD UP WAS A GOOD CHOICE AT 2600 ZONE. THIS IS THE TIME TO AT LEAST BOOK PARTIAL PROFITS. TILL NIFTY FUT DOES NOT CLOSE ABOVE 3535 WITH HUGE GREEN VOLUMES THERE WONT BE FURTHER UPTREND.

LOTS OF TRADERS BUY AT THE HIGH AND SELL AT THE LOW.


THE GOLDEN RULE IS "BUY AT THE LOW AND SELL AT THE HIGH"


GANPATI BAPPA MORYA

HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Nifty Fut Intraday Trend Analysis & Trading Calls For 28-04-09

HARI OM

NIFTY FUT INTRADAY TREND ANALYSIS & TRADING CALLS FOR 28-04-09 ​

NIFTY FUT HAS CLOSED ABOVE 3415 SO THE WEEKLY TREND IS STILL UP, SINCE 3415 IS NOT BREACHED ON A CLOSING BASIS.

FOR TOMORROW:-



UPWARD VIEW OF NIFTY FUTURES:-​

FOR INTRADAY TOMORROW TREND WILL REMAIN UP TILL 3458 REMAINS INTACT.


3481 3499 WILL ACT AS A MAJOR HURDLE FOR ANY UPTREND TO BEGIN.


BULLS WILL BE ACTIVE ABOVE 3481 3499 ONLY.


ABOVE 3481 3499 RESISTANCE FOR NIFTY FUTURES IS PEGGED AT 3507 3531 3555 & 3581.



AS MENTIONED IN THE WEEKLY TREND REPORT, PRIMARY UPTREND ON A WEEKLY BASIS WILL HAPPEN ONLY IF NIFTY FUT CLOSES ABOVE 3535.


FOR INTRADAY TOMORROW, PROFIT BOOKING OR TREND REVERSAL CAN BE EXPECTED AROUND 3531 3535 REGION
ONLY UPON SUSTAINING ABOVE 3531 3535 WILL TAKE NIFTY FUT TO HIGHER LEVELS.

DOWNWARD VIEW OF NIFTY FUTURES:-​

3458 IS THE LEVEL THAT WILL ACT AS A STRONG SUPPORT FOR NIFTY FUT TOMORROW.


BULLS WILL BE ACTIVE TILL NIFTY FUTURES TRADES AND SUSTAINS ABOVE 3458.


BELOW 3458 CRUCIAL LEVEL TO WATCH OUT IS THE 3415 REGION.


UNABLE TO SUSTAIN ABOVE 3458 WILL TAKE NIFTY FUTURES TO LOWER LEVELS AT 3439 3415 3389 3358.



INTRADAY BOUNCE BACK ZONE FOR THE NIFTY FUT IS PLACED AT 3389 REGION.



A CLOSE BELOW 3415 WILL BE UNFAVORABLE FOR THE BULLS & A CLOSE ABOVE 3535 IS A MUST FOR THIS UPTREND TO GO UP FURTHER.

TRADING CALLS FOR 28-04-09​

RIL BUY 1789 S/L 1780 TGT 1796 1803 1814 1826 & SELL 1775 S/L 1784 TGT 1766 1743



STER IND BUY 411 S/L 408 TGT 417 424 429 433 & SEKK 407 S/L 410 TGT 401 393 - 385


ICICI BANK BUY 453 S/L 450 TGT 463 472 481 490 & SELL 449 S/L 452 TGT 439 427 408 - 387



REL INFRA BUY 723 S/L 719 TGT 731 739 754 769 & SELL 717 S/L 721 TGT 705 693 683 - 674



LT BUY 899 S/L 894 TGT 910 922 932 941 & SELL 892 S/L 897 TGT 887 881 868 852



HAVE A NICE TRADING SESSION TOMORROW



GANPATI BAPPA MORYA



HARI OM



REGARDS,
NISHIKANT K. HADGE

 

[columbus]

Re: Nifty Fut Intraday Trend Analysis & Trading Calls For 28-04-09

REGARDS,
NISHIKANT K. HADGE[/B]

It appears to me as though ,a substantial portion of NIFTY will be knocked off
in the month MAY'09....

1.The Index is in over-bought condition
2.The election results are due.

 

[Nishikant]

3458 Did Wonders

HARI OM :


AS PER MY PREDICTION OF NIFTY FUTURES FOR TODAY INTRADAY :-

"BULLS WILL BE ACTIVE TILL NIFTY FUTURES TRADES AND SUSTAINS ABOVE 3458.

AND

UNABLE TO SUSTAIN ABOVE 3458 WILL TAKE NIFTY FUTURES TO LOWER LEVELS AT 3439 3415 3389 3358"


KINDLY SEE THE HIGH OF NIFTY FUT AS ON TODAY ( IT IS 3456 )


IT MADE HIGH NEAR THE CRUCIAL ZONE OF 3458. AND AS PER MY PREDICTION UNABLE TO SUSTAIN ABOVE 3458 TOOK NIFTY TO 3439 - 3415 - 3389


NOW THE LOW MADE BY NIFTY FUT IS 3386 AND UNLESS AND UNTIL IT DOES NOT SUSTAIN ABOVE 3389 THERE WILL BE NO FURTHER UPTREND.


UNABLE TO SUSTAIN ABOVE 3389, IT CAN SLIDE DOWN FURTHER TO 3372 - 3358 - 3350


GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[pkamalesh]

Good Work Bhai..Thanks for the Updates..

 

[Nishikant]

Targets Below 3458 Banged

HARI OM


AS PER MY PREDICTION IN " DOWNWARD VIEW OF NIFTY FUTURES " IN YESTERDAYS POST :


I HAD PREDICTED THE FOLLOWING, "UNABLE TO SUSTAIN ABOVE 3458 WILL TAKE NIFTY FUTURES TO LOWER LEVELS AT 3439 3415 3389 3358"


NIFTY FUTURES MADE A HIGH OF 3456 DURING INTRADAY. IT COULD NOT EVEN GO PAST 3458.


"FROM 3456 IT REVERSED TO ACHIEVE THE FINAL DOWNSIDE PREDICTED TARGET OF 3358"


GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Nifty Futures Intraday Trend Analysis & Trading Calls For 29-04-09

HARI OM

NIFTY FUT INTRADAY TREND ANALYSIS & TRADING CALLS FOR 29-04-09​

I HAD MENTIONED IN THE WEEKLY TREND REPORT THAT NIFTY FUT WILL FACE RESISTANCE AT 3518 3535 REGION & FURTHER UPTREND CAN HAPPEN ONLY ON A CLOSING BASIS ABOVE 3518 3535 ONLY.

YESTERDAY i.e ON 27th APR 2009 NIFTY FUT MADE A HIGH OF 3519.65 & REVERSED SHARPLY TO HIT A LOW OF 3342.60 AS OF TODAY.

NOW A DOUBLE TOP FORMATION IS VISIBLE ON THE DAILY CHART OF NIFTY FUTURES & THIS DOUBLE TOP HAS BEEN FORMED AT 3500 ZONE.
SO A BIG RESISTANCE AT 3500 HAS BEEN CREATED.



"SPOT NIFTY HAS CLOSED BELOW ITS 200 DMA THAT IS PLACED AT 3380 AND ITS 200 EMA THAT IS PLACED AT 3394"

FOR TOMORROW:-


UPWARD VIEW OF NIFTY FUTURES:-​

NIFTY FUT HAS CLOSED AT 3355


TOMORROW, NIFTY FUTURES WILL HAVE UPTREND ABOVE 3364 ONLY.


3364 WILL ACT AS A TREND DECIDER FOR NIFTY FUT AS OF TOMORROW.


BULLS WILL BE ACTIVE ONLY IF NIFTY FUTURES MAKES A STRONG GROUND AT 3364, IN ORDER TO MOVE UPWARDS.


3386 WILL ACT AS A FIRST RESISTANCE FOR NIFTY FUT & WILL ACT AS A POINT OF TREND REVRSAL.


BUT A MOVE PAST 3386 WILL TAKE NITY FUT TO 3399 3412 3430 3451 3469.


PROFIT BOOKING IS EXPECTED AROUND 3430 AND FURTHER UPTREND IS POSSIBLE ABOVE 3430 ONLY.



FOR A VIEW POINT OF 1 TO 2 DAYS, FOR FURTHER UPTREND, NIFTY FUT SHOULD CLOSE ABOVE 3412 ON A MINIMUM BASIS AS OF TOMORROW.


AND ONLY ON A CLOSING BASIS ABOVE 3412 TOMORROW, UPTREND FOR THE NEXT WEEK CAN BE EXPECTED.




FOR SPOT NIFTY, THE 200 DMA IS NOW PLACED AT 3380 AND THE 200 EMA IS PLACED AT 3394. SO TOMORROW, SPOT NIFTY HAS TO CLOSE ABOVE THIS TWO MAJOR AVERAGES.

DOWNWARD VIEW OF NIFTY FUT:-​

ON THE LOWER SIDE 3350 WILL ACT AS A STRONG SUPPORT FOR NIFTY FUT.


IF 3350 IS BROKEN THEN NIFTY FUTURES WILL GO DOWN TO 3308 3288 3272 3233 & 3224.


FOR TOMORROW BOUNCE BACK ZONE FOR NIFTY FUT IS PLACED AT 3308.


BELOW 3308, THE ZONE OF 3288 3272 WILL ACT AS A CUSHION AND A BREACH OF THIS 3288 3272 ZONE WILL PRESS THE PANIC BUTTON FOR THE BULLS.


SO ON THE LOWER SIDE A MINIMUM CLOSE ABOVE 3288 3272 IS REQUIRED.

TRADING CALLS FOR 29-04-09​

RIL BUY 1757 S/L 1749 TGT 1764 1771 1790 1810 & SELL 1724 S/L 1753 TGT 1719 1708 - 1697


BPCL BUY 384 S/L 379 TGT 388 394 & SELL 377 S/L 382 TGT 375 368


BRFL BUY 168 S/L 165 TGT 173 180 & SELL 164 S/L 166.50 TGT 160 153


REL INFRA 681 S/L 677 TGT 692 703 725 748 & SELL 676.50 S/L 680 TGT 657 638 625 612


RCOM BUY 215 S/L 212 TGT 220 226 232 & SELL 206 S/L 213 TGT 201 194.


HAVE A NICE TRADING SESSION TOMORROW


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[oldnewbie12345]

upward and downward targets given, at least 20 levels mentioned......... something is bound to be hit....

People actually believe all this?

 

[linkon7]

upward and downward targets given, at least 20 levels mentioned......... something is bound to be hit....

People actually believe all this?

thats the point. why have a bias in this market. market can move in either direction and for the weekly trend to continue the close above or below a particular level will convince a lot of traders of the bullishness / bearishness of the market. the are many like me who look for potential levels for shorting / going long. eg. at a major resistance i can buy a put. the probability of that put becoming profitable increases.

sometimes, all info is not meant for everyone. thats why we have the cartoon pages in the paper as well. something for everyone....

if u r not interested in the info... look for other post which might interest u....