Nifty Futures Weekly And Intraday Analysis Trend Report

[sudoku1]

Re: Volatile Market, NOW ON A CLOSING BASIS 3640 - 3662 Trend Decider

Nishikant bhai,

Just a small query ...

How can we close above 3640-3662???
We can either close above 3640 or above 3662.
Which one to consider?

Murtaza

i assume he has 2 resistance & a close abv 3662 will clear the way....

 

[Nishikant]

Nifty Futures Intraday Trend Analysis & Trading Calls For 06-05-09

HARI OM

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 06-05-09
​

NIFTY FUTURES HAS CLOSED AT 3665.20

A SMALL INSIGHT OF SPOT NIFTY:-​

SPOT NIFTY HAS CLOSED AT 3662 AND THE HIGH OF THE DAY IS 3682.


FOR TOMORROW, UPTREND IN NIFTY FUTURES WILL BE VISIBLE ONLY IF SPOT NIFTY MAKES STRONG GROUND & SUSTAINS ABOVE ITS TODAYS INTRADAY HIGH OF 3682.



IF SPOT NIFTY FINDS IT DIFFICULT TO SUSTAIN ABOVE 3682 THEN IT WILL ALSO BE DIFFICULT FOR NIFTY FUTURES TO RISE UP FURTHER.

UPWARD VIEW OF MAY NIFTY FUTURES:-



MAY NIFTY FUTURES​

FOR NIFTY FUTURES, TREND DECIDER FOR TOMORROW IS PLACED AT 3638.


BULLS WILL BE ACTIVE TILL NIFTY FUTURES TRADES AND SUSTAINS ABOVE 3638.


3666 WILL ACT AS A MAJOR HURDLE.


PRIMARY UPTREND WILL INITIATE ABOVE 3666 ONLY.


A MOVE PAST 3666 WILL TAKE NIFTY FUTURE TO 3684 3701


3701 WILL ACT AS A SMALL HURDLE TO MOVE UPWARDS.


ABOVE 3701 NIFTY FUTURES CAN RISE UP TO 3719 & 3737.


MAXIMUM RALLY UPTO 3737 IS EXPECTED AND TREND IS LIKELY TO REVERSE FROM 3737.


TOMORROW, IF NIFTY FUTURES CLOSES ABOVE MINIMUM 3734 THEN IT WILL BECOME STRONGER.

DOWNWARD VIEW OF NIFTY FUTURES:-​

SINCE 3638 IS THE TREND DECIDER FOR TOMORROW IT SHOULD NOT BE BREACHED. UNABLE TO SUSTAIN ABOVE 3638 WILL MAKE THE BULLS WEAK.


A BREACH OF 3638 WILL TAKE NIFTY FUTURES TO 3623 3601 3578 3550.


THE 1st BOUNCE BACK ZONE IS PLACED AT 3601. SO 3601 SHOULD REMIAN INTACT.



ON THE LOWER SIDE NIFTY FUTURES SHOULD NOT CLOSE BELOW 3578 REGION.


IN CASE OF A BIG PROFIT BOOKING, THE ZONE OF 3563 3545 WOULD BE THE POINT WHERE SHORT COVERING IS EXPECTED.

TRADING CALLS FOR 06-05-09
​

REL INFRA BUY 783 S/L 779 TGT 800 817 829 841 & SELL 777 S/L 781 TGT 768 759 740 - 721


JSW STEEL, BUY 402 S/L 387 TGT 412 423 & SELL 384 S/L 390 TGT 377 355


REL CAPITAL, BUY 606 S/L 592 TGT 613 - 620 630 640 & SELL 588 S/L 595 TGT 575 563 550


MAHSEAMLES, BUY 175 S/L 173 TGT 182 191 & SELL 172 S/L 174 TGT 165 156


NALCO BUY 232 S/L 230 TGT 237 243 & SELL 229 S/L 231.80 TGT 226 220


HAVE A NICE TRADING SESSION TOMORROW


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[linkon7]

You are doing an excellent job. Keep up the good work.

 

[usk_13]

Great job.Very much useful for day traders

 

[MurAtt]

Re: Nifty Futures Intraday Trend Analysis & Trading Calls For 06-05-09

Thanks.
Your RSR zones are pretty or should I say rather extremely near target.

If you could define entry exit zones then it would be the icing on the cake. Of course the RSR zones itself are extry points and exit points but that is for the Srs, Newbies get a bit - u know.

Thanks once again,

NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 06-05-09
​

NIFTY FUTURES HAS CLOSED AT 3665.20

A SMALL INSIGHT OF SPOT NIFTY:-​

SPOT NIFTY HAS CLOSED AT 3662 AND THE HIGH OF THE DAY IS 3682.

FOR TOMORROW, UPTREND IN NIFTY FUTURES WILL BE VISIBLE ONLY IF SPOT NIFTY MAKES STRONG GROUND & SUSTAINS ABOVE ITS TODAYS INTRADAY HIGH OF 3682.

IF SPOT NIFTY FINDS IT DIFFICULT TO SUSTAIN ABOVE 3682 THEN IT WILL ALSO BE DIFFICULT FOR NIFTY FUTURES TO RISE UP FURTHER.

UPWARD VIEW OF MAY NIFTY FUTURES:-

MAY NIFTY FUTURES​

FOR NIFTY FUTURES, TREND DECIDER FOR TOMORROW IS PLACED AT 3638.
BULLS WILL BE ACTIVE TILL NIFTY FUTURES TRADES AND SUSTAINS ABOVE 3638.
3666 WILL ACT AS A MAJOR HURDLE.
PRIMARY UPTREND WILL INITIATE ABOVE 3666 ONLY.
A MOVE PAST 3666 WILL TAKE NIFTY FUTURE TO 3684 – 3701
3701 WILL ACT AS A SMALL HURDLE TO MOVE UPWARDS.
ABOVE 3701 NIFTY FUTURES CAN RISE UP TO 3719 & 3737.
MAXIMUM RALLY UPTO 3737 IS EXPECTED AND TREND IS LIKELY TO REVERSE FROM 3737.
TOMORROW, IF NIFTY FUTURES CLOSES ABOVE MINIMUM 3734 THEN IT WILL BECOME STRONGER.

DOWNWARD VIEW OF NIFTY FUTURES:-​

SINCE 3638 IS THE TREND DECIDER FOR TOMORROW IT SHOULD NOT BE BREACHED. UNABLE TO SUSTAIN ABOVE 3638 WILL MAKE THE BULLS WEAK.
A BREACH OF 3638 WILL TAKE NIFTY FUTURES TO 3623 – 3601 – 3578 – 3550.
THE 1st BOUNCE BACK ZONE IS PLACED AT 3601. SO 3601 SHOULD REMIAN INTACT.
ON THE LOWER SIDE NIFTY FUTURES SHOULD NOT CLOSE BELOW 3578 REGION.
IN CASE OF A BIG PROFIT BOOKING, THE ZONE OF 3563 – 3545 WOULD BE THE POINT WHERE SHORT COVERING IS EXPECTED.

HAVE A NICE TRADING SESSION TOMORROW

REGARDS,
NISHIKANT K. HADGE

 

[naval_san]

Mr shaahikant please tell us where nifty will have resistant above 3737 bcoz I guess it not going cross 3750 And just looking "Stress Test" in US tonight & dow futures are 40 point down where it will held

HARI OM

 

[Nishikant]

Its Nishikant & Not Shashikant

Mr shaahikant please tell us where nifty will have resistant above 3737 bcoz I guess it not going cross 3750 And just looking "Stress Test" in US tonight & dow futures are 40 point down where it will held

HARI OM

HARI OM


YES 3720 FOR THE SPOT NIFTY AND 3737 OR SAY 3750 FOR NIFTY FUT IS A MAJOR HURDLE.


A CLOSE ABOVE 3720 BY THE SPOT NIFTY WILL BE AN ADDED ADVANTAGE.


THAT IS WHY I HAVE MENTIONED THIS YESTERDAY:-


"TOMORROW, IF NIFTY FUTURES CLOSES ABOVE MINIMUM 3734 THEN IT WILL BECOME STRONGER"


SO AS OF NOW THE HIGH FOR NIFTY FUT IS 3728.


3737 IS THE MAXIMUM THAT I HAD PREDICTED FOR TODAY


LETS SEE IF NIFTY FUT BANGS 3737.


PROFIT BOOKING AT THIS LEVEL FOR INTRADAY LONG IS ADVISABLE.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Review Of Nifty Fut Intraday Analysis For 06-05-09

HARI OM


The Trend Decider Predicted By Me Was 3638.


Nifty Fut Intraday Low Till Now Is 3641.


Primary Uptrend Will Begin Above 3666 Was Predicted.

3669 Was The Intraday High In The Morning. And Above 3669 Nifty Fut Made New High Of 3728.


My Final Target Or Maximum Target Was 3737. Target Missed By Nine Points.


"BUT IN THE PREVIOUS POST, I SAID PROFIT BOOKING FOR INTRADAY LONG IS ADVISABLE". AT THAT TIME, NIFTY FUT WAS 3720.



I Hope My Premarket Intraday Analysis Of Nifty Futures Was Helpful To All.


Thanking You All For The Support And Suggestions.


GANPATI BAPPA MORYA


HARI OM


Regards,
Nishikant K. Hadge

 

[ananthsankaran]

Awesome Stuff dear......... I trade simply by your analysis

Regards,
Ananth

 

[linkon7]

on target... as usual...!