Nifty Futures Weekly And Intraday Analysis Trend Report

[Nishikant]

DOW JONES FUT WEEKLY TREND ANALYSIS REPORT FROM 11th TO 15th MAY 2009

HARI OM

DOW JONES FUT WEEKLY TREND ANALYSIS REPORT FROM 11th TO 15th MAY 2009.
​

"LAST WEEK I HAD MENTIONED THAT DOW JONES HAS GIVEN A BREAKOUT ABOVE 8145 AND ABOVE 8145 IT CAN RISE HIGHER"


AS PREDICTED DOW JONE FUTURES ABOVE 8145 MADE A WEEKLY HIGH OF 8550. AS PREDICTED DOWJONES FUTURES BANGED ABOVE ITS BREAK OUT ZONE.

FOR PEOPLE WHO WONT BELIEVE IN MY LAST WEEK PREDICTION CAN CLICK ON THE LINK BELOW TO VIEW MY TECHNICAL TREND ANALYSIS REPORT THAT I HAD POSTED FOR DOWJONES FUTURES LAST WEEK:-


http://www.traderji.com/futures/26240-nifty-futures-weekly-intraday-analysis-trend-report-31.html

FOR THE WEEK AHEAD:-​

DOWJONES FUTURES HAS CLOSED AT 8516

UPWARD VIEW OF DOWJONES FUTURES:-​

DOWJONES FUT WILL FACE RESISTANCE AT 8565 8590 8628 REGION.


A CLOSE ABOVE 8565 - 8590 REGION WILL MAKE THE BULLS LITTLE STRONGER.


SO A CLOSE ABOVE 8565 - 8590 WITH STRONG GREEN VOLUMES IS A MUST FOR FURTHER UPTREND.


TO ADD MORE THROTTLE TO THIS UPTREND AN ACTUAL CLOSE ABOVE 8628 WILL ACT AS A PROPELLER FOR DOW FUT.


ON A CLOSING BASIS ABOVE 8628, DOW FUTURES CAN LIFT OFF TO 8675 8718 8760.


THEREFORE, ABOVE 8628 A RALLY UP TO 8675 8718 - 8760 IS EXPECTED.


PROFIT BOOKING OR TREND REVERSAL IS EXPECTED AROUND 8760.

FURTHER UPTREND WOULD HAPPEN ABOVE 8760 ONLY.


SUSTAINING ABOVE 8760 WILL TAKE DOW JONES FUTURES TO 8794 8878 & 8961.

DOWNWARD VIEW OF DOWJONES FUTURES:-​

ON THE LOWER SIDE, WEEKLY TREND DECIDER FOR DOW FUTURES IS PLACED AT 8420.


8420 WILL ACT AS THE 1st BOUNCE BACK REGION FOR DOW FUTURES AND THIS ZONE OF 8420 SHOULD REMAIN INTACT.


IF 8420 IS BROKEN THEN DOW FUTURES CAN GO DOWN TO 8380 8339.


8339 IS THE SECOND BOUNCE BACK REGION AND A FAILURE TO HIT BACK FROM 8339 WILL BRING DOW FUTURES TO 8296 8275 8218 REGION.


8210 IS A CRUCIAL REGION & THE LAST HOPE FOR THE BULLS, IF 8210 IS BREACHED ON A CLOSING BASIS THEN A FURTHER FALL UP TO 8178 8139 8105 - 8064 IS EXPECTED.


IN CASE OF A MAJOR FALL, 8105 WILL ACT AS A SHORT COVERING ZONE AND BUYING IS EXPECTED AROUND THIS REGION OF 8105 WITH A STOP LOSS AT 8060.

HAVE A NICE TRADING SESSION FOR THE COMING WEEK.


GANPATI BAPPA MORYA

HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

Very Important, Spot Nifty Wave Analyis For The Near Term

HARI OM


VERY VERY IMPORTANT:-



I HAD MENTIONED ABOUT A WAVE OF 2500 3323 4108 FOR THE SPOT NIFTY.




IF WE LOOK AT THE PREVIOUS SUPPORT THEN WE CAN SEE THAT 3323 WAS TAKEN AS A SUPPORT AND SPOT NIFTY RALLIED STRAIGHT AWAY FROM 3323 TO 3717.


ABOVE 3323 THE NEXT FIGURE IS 4108.



THEN WHY DID SPOT NIFTY REVERSE FROM 3717 IS THE QUESTION????????


THE ANSWER IS SIMPLE, TAKE AN AVERAGE OF 3323 + 4108 THE ANSWER IS 3715.


KINDLY CHECK OUT THE WEEKLY HIGH OF SPOT NIFTY, THE WEEKLY HIGH OF SPOT NIFTY IS 3717.05.


SO THE WAVE FORMATION HAS NOW BECOME AS 3323 3715 4100


SINCE 2500 HAS BEEN LEFT BEHIND, WE HAVE EXCLUDED THAT FIGURE OUT OF THE WAVE FOR THE TIME BEING.


AND THEREFORE A MINIMUM CLOSE ABOVE 3717 AND SUSTAINING ABOVE 3717 BY THE SPOT NIFTY FOR THE COMING WEEK IS A COMPULSION OR ELSE THE BULLS WOULD GET ARRESTED AND BEARS WOULD SET IN FOR THE RAMPAGE.


I WOULD BE POSTING THE WEEKLY TREND ANALYSIS FOR NIFTY FUTURES VERY SOON.


SO DO CHECK BACK IN AGAIN.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[Nishikant]

BANK NIFTY FUT WEEKLY TREND ANLAYSIS FROM 11th MAY TO 15th MAY

HARI OM

BANK NIFTY FUT WEEKLY TREND ANALYSIS FROM 11th MAY TO 15th MAY, 2009​

BANK NIFTY FUTURES HAS CLOSED AT 5397.50

UPWARD VIEW OF BANK NIFTY FUTURES :-
​

BANK NIFTY FUTURES HAS BECOME BEARISH BECAUSE IT HAS CLOSED BELOW 5412.


FOR THE WEEK AHEAD, BANK NIFTY FUT WILL SHOW STRENGTH ABOVE 5412 ONLY. HENCE SUSTAINING AND CLOSING ABOVE 5412 WITH GREEN VOLUMES WOULD BE THE BEGINNING OF A PRIMARY UPTREND FOR THE WEEK.



ABOVE 5412 RESISTANCE FOR BANK NIFTY FUTURES IS PEGGED AT 5456 5502 5529.


SMALL HURDLE IS PRESENT AT THE 5502 5529 ZONE. TREND IS LIKELY TO REVERSE FROM THIS ZONE OF 5502 5529.


BUT A CROSS OVER & SUSTAINING ABOVE 5502 5529 ZONE WILL TAKE BANK NIFTY FUT TO 5597 5692.


FOR THE WEEK AHEAD EVEN IF BANK NIFTY FUT SUSTAINS AND CLOSES ABOVE 5412, THERE HAS TO BE A COMPULSIVE CLOSE ABOVE 5692 REGION.


UNLESS AND UNTIL A CLOSE ABOVE 5692 WITH STRONG GREEN VOLUMES IS NOT SEEN THE CHANCES OF AN INTERMEDIATE UPTREND WOULD BE RARE.


IF BANK NIFTY FUT CLOSES ABOVE 5692 THEN A FURTHER RISE UP TO 5787 5883 CAN BE EXPECTED.

DOWNWARD VIEW OF BANK NIFTY FUTURES:-​

ON THE DAILY CHARTS OF BANK NIFTY FUTURES A GAP IS VISIBLE.


THIS GAP IS AT 5266 5145.


IF BANK NIFTY FUT FAILS TO SUSTAIN ABOVE 5412 THEN IT CAN COME DOWN TO FILL THIS GAP.


IF BANK NIFTY FAILS TO GO PAST 5412 THEN IT CAN SLIDE DOWN TO 5339 5266 5208 5167 - 5148.


THE 5167 - 5148 ZONE IS THE FIRST BOUNCE BACK LEVEL FOR THE WEEK AHEAD AND THE SAME 5148 ZONE COINCIDES WITH THE LOWER END OF THE GAP THAT IS PLACED AT 5145.


SO THIS REGION OF 5167 5145 WILL PROVIDE AS A STRONG SUPPORT OR SAY BOUNCE BACK ZONE FOR ANY DOWNSIDE.


IF BANK NIFTY FUTURES FAILS TO HIT BACK FROM 5167 5148 REGION THEN IT CAN FALL DOWN TO 5089 5030.


5030 5014 IS THE LAST HOPE FOR THE BULLS, SO IN CASE OF A MAJOR FALL 5030 5014 WILL ACT AS A ZONE FOR SHORT COVERING.


A BREACH OR A CLOSE BELOW THIS 5030 5014 REGION WILL PRESS THE PANIC BUTTON FOR THE BULLS.


HAVE A NICE TRADING SESSION FOR THE WEEK AHEAD.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[rangarajan_g]

thanks for your analysis, quite usefull and worth following.Keep it up, best wishes

 

[Nishikant]

NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 11th TO 15th MAY 2009

HARI OM

NIFTY FUTURES WEEKLY TREND ANALYSIS FROM 11th TO 15th MAY 2009




UPWARD VIEW OF NIFTY FUTURES:-​

NIFTY FUTURES HAS CLOSED AT 3623.



FOR FURTHER UPTREND NIFTY FUTURES HAS TO MAKE FIRM GROUND ABOVE 3640 OR SELLING WILL BE WITNESSED IF NIFTY FUTURES FAILS TO SUSTAIN AND CLOSE ABOVE 3640.



PRIMARY UPTREND FOR THE NIFTY FUTURES WILL BEGIN ABOVE 3640 ONLY OR ELSE BELOW 3640 BEARS WOULD BE SUPREME.


ABOVE 3640 RESISTANCE FOR NIFTY FUTURES IS PEGGED AT 3657 3674 3692 3710 - 3745



3674 WILL ACT AS A SMALL HURDLE.


A MOVE PAST 3674 WILL TAKE NIFTY FUTURES TO 3692 3710



THIS REGION OF 3692 - 3710 IS THE REGION WHERE THE TREND IS LIKELY TO REVERSE AND SHORT SELLERS WOULD INITIATE FRESH SHORTS AT THIS ZONE OF 3692 3710.




CROSSOVER ABOVE 3692 3710 WITH FINE VOLUMES CAN TAKE NIFTY FUTURES TO 3745.


FOR AN UPTREND, SPOT NIFTY HAS TO GIVE A MINIMUM CLOSE ABOVE 3717 & SO THE MINIMUM CLOSING RANGE FOR NIFTY FUTURES IS PLACED AT 3745.




BULLS WILL BE ACTIVE AND BEARS WILL BE BUTCHERED ONLY IF NIFTY FUTURES GIVES A FIRM CLOSE ABOVE 3745 WITH HUGE GREEN VOLUMES.


LIKE I HAVE BEEN MENTIONING EVERY TIME, I AM SAYING IT AGAIN THAT ANY FURTHER UPTREND WOULD BE A RARE SCENARIO UNLESS AND UNTILL A CLOSE ABOVE 3745 IS VISIBLE.



IN SHORT ABOVE 3640 NIFTY FUT CAN RALLY UPTO 3674 3710 3745


AND, ONLY UPON A CLOSING BASIS ABOVE 3745 WITH HUGE GREEN VOLUMES WILL TAKE NIFTY FUTURES TO 3781 3805 3818.

DOWNWARD VIEW OF NIFTY FUTURES:-
​

SINCE NIFTY FUTURES HAS CLOSED BELOW 3640 IT IS CONSIDERED TO HAVE BECOME BEARISH.


UNABLE TO GO PAST 3640 WILL TAKE NIFTY FUTURES TO 3613 3585 3563 - 3540


ON THE DAILY CHART OF NIFTY FUTURES THERE IS A GAP VISIBLE AT 3495 3605.



ON FRIDAY, NIFTY FUT SLIPPED BELOW 3605 BUT HAS MANAGED TO CLOSE ABOVE 3605 ONCE AGAIN.


THERE ARE CHANCES THAT NIFTY FUTURES CAN COME DOWN TILL 3500 3495 TO FILL THIS GAP.


THIS GAP FILL IS POSSIBLE ONLY IF NIFTY FUTURES FAILS TO TRADE AND SUSTAIN ABOVE 3640.


IF NIFTY FUTURES FAILS TO TRADE ABOVE 3640 THEN IT MAY TAKE THE 1st SUPPORT AT THE WEEKLY BOUNCE BACK ZONE THAT IS PLACED AT 3540.



UNABLE TO TRADE AND SUSTAIN ABOVE 3540 CAN SEE NIFTY FUTURES SLIPPING TO 3519 & 3496.


AND THE SAME 3496 REGION IS THE ACTUAL ZONE WHERE THE GAP WILL BE FILLED.


IF SHORT COVERING DOES NOT HAPPEN AT THE 1st BOUNCE BACK ZONE OF 3540 THEN IT HAS TO HAPPEN AT THE SECOND BOUNCE BACK REGION OF 3496.




IN CASE OF A FAILURE TO HIT BACK FROM 3496 WILL DRAG NIFTY FUTURES TO 3437 3424 ZONE


3437 3424 REGION IS THE LAST HOPE FOR THE BULLS AND A CRACK AT THIS REGION WILL TAKE NIFTY FUTURES DOWN TO 3388 - 3352 REGION.

TRADING CALLS FOR 11th MAY 2009
​

RIL BUY 1907 S/L 1897 TGT 1925 1954 & SELL 1892 S/L 1902 TGT 1878 1850



ABAN BUY 458 S/L 446 TGT 464 - 470 477 485 & SELL 444 S/L 449 TGT 438 - 432 421 410



ABGSHIP BUY 152 S/L 147.50 TGT 161 170 & SELL 146 S/L 149 TGT 138 126


TATA STEEL BUY 290 S/L 287 TGT 296 310 & SELL 280 S/L 289 TGT 275 267



REL INFRA BUY 782 S/L 777 TGT 792 803 820 839 & SELL 776 S/L 781 TGT 762 749 734 722



HAVE A NICE TRADING SESSION FOR THE COMING WEEK


GANPATI BAPPA MORYA


HARI OM

REGARDS,
NISHIKANT K. HADGE

 

[shrish66]

Re: website useful for traders and investors

Dear All,

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please see the link below

http://www.buzzingstocks.com


With regards,
SHRISH

 

[columbus]

Re: website useful for traders and investors

Dear All,

pls find herwith enclosed website/url for all details including all scrips you want to know listed in exchange.I found this link useful to forward to all our fellow traders and investors you know.

please see the link below

http://www.buzzingstocks.com


With regards,
SHRISH

Of all the Heat maps ,I found Buzzingstocks's is good.Try scale with NIFTY
POINTS.

 

[mayavi99]

Re: website useful for traders and investors

Dear All,

pls find herwith enclosed website/url for all details including all scrips you want to know listed in exchange.I found this link useful to forward to all our fellow traders and investors you know.

please see the link below

http://www.buzzingstocks.com/in/


With regards,
SHRISH

The web site is good and many of our members use it routinely. But giving a link that contains your name through this forum does not appear to be proper. We all know pretty well that if anybody clicks on that link, you will be rewarded with additional points in that site along with attendant benefits. Please delete the portion that contains your user id in that link.

 

[Nishikant]

Nifty Futures Analysis For Rest Of The Intraday Session

HARI OM

NIFTY FUTURES INTRADAY
​

UPWARD VIEW OF NIFTY FUTURES FOR INTRADAY:-



SINCE NIFTY FUTURES IS TRADING BELOW 3640 IT IS SHOWING WEAKNESS.





FOR INTRADAY AS OF NOW NIFTY FUTURES SHOULD SUSTAIN ABOVE 3620 FOR AN IMMEDIATE UPTREND TO START.


BULLS WILL BE ACTIVE ABOVE 3620 ONLY.


ABOVE 3620 IMMEDIATE RESISTANCE IS PEGGED AT 3636 3650 3665


SELLING PRESSURE IS EXPECTED AT 3665 AND SUSTAINING ABOVE 3665 WILL TAKE NIFTY FUTURES TO 3680 3696.

DOWN WARD VIEW OF NIFTY FUTURES FOR INTRADAY:-​

UNABLE TO SUSTAIN ABOVE 3620 WILL TAKE NIFTY FUT TO ITS INTRADAY LOW OF 3595


A BREACH OF 3595 WILL TAKE NIFTY FUTURES TO 3576 & 3555.


HAVE A NICE TRADING SESSION.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[praveen taneja]

Re: Nifty Futures Analysis For Rest Of The Intraday Session

HARI OM

NIFTY FUTURES INTRADAY
​

UPWARD VIEW OF NIFTY FUTURES FOR INTRADAY:-



SINCE NIFTY FUTURES IS TRADING BELOW 3640 IT IS SHOWING WEAKNESS.





FOR INTRADAY AS OF NOW NIFTY FUTURES SHOULD SUSTAIN ABOVE 3620 FOR AN IMMEDIATE UPTREND TO START.


BULLS WILL BE ACTIVE ABOVE 3620 ONLY.


ABOVE 3620 IMMEDIATE RESISTANCE IS PEGGED AT 3636 3650 3665


SELLING PRESSURE IS EXPECTED AT 3665 AND SUSTAINING ABOVE 3665 WILL TAKE NIFTY FUTURES TO 3680 3696.

DOWN WARD VIEW OF NIFTY FUTURES FOR INTRADAY:-​

UNABLE TO SUSTAIN ABOVE 3620 WILL TAKE NIFTY FUT TO ITS INTRADAY LOW OF 3595


A BREACH OF 3595 WILL TAKE NIFTY FUTURES TO 3576 & 3555.


HAVE A NICE TRADING SESSION.


GANPATI BAPPA MORYA


HARI OM


REGARDS,
NISHIKANT K. HADGE

goneeeeeeeeeeeeeeeeeeeeeeeeeeeee:clapping: