Nifty Futures Weekly And Intraday Analysis Trend Report

[MurAtt]

nifty spot is struggling near 3640 area. Shall we start creating shorts since we have 2 months in a row on upside and also all markets have ran up substantially

Do not Short. Wait for some time. If mkts have taken 2 mths to go up, it will take AT LEAST 7 days to go down, by that time u will have the trend with you.

BBs are contracting so wait for the move ....

 

[nagendra_gb]

Hi Murza bhai..

Just my views nifty jun 3600 calls are at 300 rs now . we will get loss only if nifty trades above 4000 in jun series is it not better to take advantage of it ?

 

[Nishikant]

Nifty Futures Traded In Between 3640 - 3662 Zone

HARI OM


MY PREDICTION ONCE AGAIN:-


"SO THE WEEKLY TRADING RANGE FOR MAY NIFTY FUTURES IS 3551 3596 3640 (MAX 3662) "



NIFTY FUT MADE A HIGH OF 3669.90 & CLOSED AT 3658.35, SOMEWHERE CLOSE TO MY MAXIMUM TARGET OF 3662.


INSPITE OF OPENING IN A GAP UP NIFTY FUT COULD NOT SUSTAIN ABOVE MY MAXIMUM PREDICTED TARGET OF 3662.


NIFTY FUTURES, TRADED TIGHT IN BETWEEN THE RANGE OF 3640 - 3662.



THE SAME CAN BE SEEN IN THE INTRADAY CHART OF SPOT NIFTY THAT IS ATTACHED ABOVE, SO THE INTRADAY MOVEMENT OF THE DAY CAN BE SEEN IN IT.


I HOPE MY ANALYSIS WAS ONCE AGAIN USEFUL.


I WILL BE POSTING THE TREND ANALYSIS REPORT FOR TOMORROWS INTRADAY SESSION OF NIFTY FUTURES VERY SOON.



CHECK BACK AGAIN.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[columbus]

Re: Nifty Futures Traded In Between 3640 - 3662 Zone

HARI OM


MY PREDICTION ONCE AGAIN:-


"SO THE WEEKLY TRADING RANGE FOR MAY NIFTY FUTURES IS 3551 3596 3640 (MAX 3662) "



NIFTY FUT MADE A HIGH OF 3669.90 & CLOSED AT 3658.35, SOMEWHERE CLOSE TO MY MAXIMUM TARGET OF 3662.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

Hi nishikant,

Somehow I do not like YAHOO charts because in X-axis is Over-stretched .It gives a Wrong perspective if one is not get
used to it on regular basis.Check the below chart with this chart
http://www.traderji.com/day-trading/27421-bollingerbands.html#post305504
both are Intraday charts only.

 

[nitu20]

Re: Nifty Futures Traded In Between 3640 - 3662 Zone

Hi columbus,
Can you please tell us which charting software.website you are using. Or, if you can please suggest me some website/software for rt f&o data. I have downloaded amibroker trial and using tdi trail for data feed from yahoo, but yahoo is not providing rt f&o data.

Smiles:
Priyank

 

[columbus]

Re: Nifty Futures Traded In Between 3640 - 3662 Zone

Hi columbus,
Can you please tell us which charting software.website you are using. Or, if you can please suggest me some website/software for rt f&o data. I have downloaded amibroker trial and using tdi trail for data feed from yahoo, but yahoo is not providing rt f&o data.

Smiles:
Priyank

http://www.traderji.com/day-trading/27421-bollingerbands.html#post305595

 

[Nishikant]

Nifty Futures Intraday Trend Analysis & Trading Calls For 05-05-09

HARI OM

NIFTY FUT INTRADAY TREND ANALYSIS & TRADING CALLS FOR 05-05-09


UPWARD VIEW OF NIFTY FUTURES:-

​

FOR TOMORROW 3640 - 3662 WILL ACT AS A TREND DECIDER FOR NIFTY FUT. BULLS WILL REMAIN ACTIVE TILL 3640 - 3662 REMAINS INTACT.


INTRADAY RESISTANCE FOR NIFTY FUT IS PEGGED AT 3677 3693 3710




TREND REVERSAL OR PROFIT BOOKING IS EXPECTED AROUND 3710 & FURTHER INTRADAY UPTREND WOULD HAPPEN ONLY IF NIFTY FUT SUSTAINS AND TRADES ABOVE 3710.


SPOT NIFTY WILL SHOW RESISTANCE AROUND 3720 AND ONLY ABOVE 3720, SPOT NIFTY CAN MOVE UPWARDS WHICH WILL ALSO LIFT NIFTY FUTURES HIGHER


SO 3710 FOR NIFTY FUTURES AND 3720 FOR THE SPOT NIFTY ARE TWO MAJOR RESISTANCE ZONES FOR TOMORROW.

DOWNWARD VIEW OF NIFTY FUTURES:-​

ON THE LOWER SIDE IF 3662 3640 IS BREACHED THEN NIFTY CAN GO DOWN TO LEVELS AT 3629 3605 3585 3564 3550.



INTRADAY BOUNCE BACK ZONE IS PLACED AT 3585 AND TO MAINTAIN UPTREND 3585 SHOULD NOT BE BREACHED.

TRADING CALLS FOR 05-05-09​

RIL BUY 1878 S/L 1869 TGT 1903 1924 & SELL 1864 S/L 1874 TGT 1858 1824


HDIL BUY 158 S/L 155.50 TGT 161 165 & SELL 155 S/L 156.50 TGT 153 148


TATA STEEL BUY 266 S/L 257 TGT 270 277 & SELL 256 S/L 259 TGT 252 240


KESORAM IND BUY 180 S/L 174 TGT 188 198 & SELL 173 S/L 175 TGT 165 152


REL INFRA BUY 746 S/L 742 TGT 759 771 783 794 & SELL 741 S/L 745 TGT 732 724 709 - 695



HAVE A NICE TRADING SESSION FOR TOMORROW.


GANPATI BAPPA MORYA


HARI OM



REGARDS,
NISHIKANT K. HADGE

 

[darshanshukla]

Dear Nishikant,
Reading your threads since long,
and very big fan of your Bank Nifty and Nifty Future calls
what is your openion regarding attached chart of Nifty Cash till yesterday(EOD) which shows Negative Divergence in all indicataors like
RSI, MACD, Momentum and Moneyflow Index (MFI) and many more.
Please give your openion

Dr. Darshan Shukla

 

[praveen taneja]

Hari Om
Bro having full faith in ur calculations taken 3700 put and call at 3632 now one will become triple and other at half lets see how many days it will take whenever i exit my trade will surely post here call at 129 and put at 203:thumb:

Still holding my call n puts bought at 129 and 203 now they are 149 & 214.90

 

[Nishikant]

It's 12:17 Now

HARI OM

FOR THE REMAINING TRADING SESSION TODAY

HARI OM,

NIFTY FUT HAS IMMEDIATE SUPPORT AT 3626 - 3607 - 3589 & IMMEDIATE RESISTANCE IS PEGGED AT 3649 - 3663. BULLS WILL BE ACTIVE ABOVE 3663 ONLY

BOUNCE BACK ZONE FOR INTRADAY NOW IS PEGGED AT 3607

IN CASE OF A BREACH OF 3607, SECOND BOUNCE BACK ZONE IS PEGGED AT 3585.

GANPATI BAPPA MORYA

HARI OM

REGARDS,
NISHIKANT K. HADGE