Nifty Futures Weekly And Intraday Analysis Trend Report

[puneet_gaur2k1]

Gone short 2 lots @ 3605 lets see waht happns

 

[praveen taneja]

Gone short 2 lots @ 3605 lets see waht happns

not a good level to chose must had done at 3630-40 level anyway best of luck:thumb:

 

[dhiraj123]

dear nishikant what should i do on 3604 level

 

[puneet_gaur2k1]

Covered one lot @ 3580 , Now holding one lot @ sl of 3610

 

[puneet_gaur2k1]

SL triggered but again shorted 2 lots @ 3610 lets see till now total profit 1250

Regards,
Puneet Gaur

 

[puneet_gaur2k1]

Covered one lot @ 3590 total profit 2250.
Not holding one lot short @ 3610 SL 3615

Lets see...

Regards,
Puneet Gaur

 

[dhiraj123]

nishi kant sir why r u not giving levels today?

 

[Nishikant]

Re: Nifty Futures Intraday Trend Analysis & Trading Calls For 14-05-09

hari om


nifty futures intraday trend analysis and trading calls for 14-05-09


spot nifty has once again failed to close above the minimum 3717 mark which proved that the bears have a upper hand in the market as of today.

for tomorrow




upward view of nifty futures:-​

since the start of this week, for straight 3 trading sessions, nifty futures has failed to close above 3700.



Bears have always pushed it below the 3700 region.



therefore, tomorrow 3700 will now act as a huge resistance for the bulls.



for tomorrows intraday session, nifty futures will remain bearish till it trades below the 3650 mark.




primary uptrend is possible only if nifty futures makes a strong ground above 3650.


therefore the trend decider for tomorrow is placed at 3650.



above 3650 resistance for nifty futures is placed at 3666 3681


trend reversal is expected at 3681.



primary uptrend above 3650 will become strong only if nifty futures sustains above 3681.





keep in mind the 3700 region; it is disliked by the bears hence nifty futures hasnt been able to close above this region of 3700.




above 3681 nifty futures can rally up to 3708 3735.




In case of an uptrend, 3735 3745 band will act as a major hurdle and only upon sustaining above 3735 3745 with buying volumes, can take nifty futures to new higher levels.



If nifty futures sustains above 3735 3745 region then it may rise further towards 3763 3790.



A close above 3745 is absolutely needed, or else the trend remains undecided.

downward view of nifty futures:-
​

since 3650 is the trend decider for tomorrow. Bulls should hold nifty future above 3650.



Failure to hold above 3650 will drag nifty futures to 3634 3613 3580 3545.



3605 region holds 1st significance. If nifty futures fails to hold above 3605 then further downtrend expected on cards.





tomorrows intraday bounce back level is placed at 3580[/u]



breach of 3580 will take nifty futures to the lower level of 3545.


3530 is a very crucial support.



since there is a triple top formation at 3700 region on the daily charts of nifty futures, the lower support area of 3530 may not hold.



therefore an immediate and urgent close above 3700 - 3745 is now the need of an hour for the bulls.

hari om dear friends,


i wasnt there in the market since morning. Due to certain unavoidable circumstances i was busy.


this was my analysis:-

tomorrows intraday bounce back level is placed at 3580[/u]



breach of 3580 will take nifty futures to the lower level of 3545.



nifty futures made a low of 3550 in the morning.


I had mentioned that 3580 is the bounce back zone.


If you all saw today. Nifty futures did not breach the 3579 region from morning till now.


It bounced back from the mentioned bounce back zone of 3580.


If nifty fut bounces back from 3580 - 3579 then you should take a long at 3580 - 3579 and keep a stop loss below 3579.


Since below 3579 the next support region was mentioned at 3545.


Nifty futures had already made a low of 3550.


So buying at 3579 was the criteria. And exiting at 3634 was the good thing to do.


I had mentioned the trend decider at 3650. I had also mentioned that nifty fut is bearish below 3650 and it did not go above 3650, so selling at 3630 - 3634 and keeping a stop loss above 3650 - 3655 could be another good thing to do.


I hope you all are understanding what i am trying to say.


In case of doubts, please ask


ganpati bappa morya


hari om


regards,
nishikant k. Hadge

 

[Nishikant]

Nifty Futures Intraday Trend Analysis & Trading Calls For 15-05-09

HARI OM ​

TODAY I COULD NOT POST LEVELS DURING INTRADAY BECAUSE I HAD SOME URGENT COMMITMENTS TO COMPLETE.



INCONVENIENCE REGRETTED.




BUT TOMORROW, I WILL POST THE LIVE UPDATES FOR NIFTY FUTURES DURING INTRADAY AT THIS SAME THREAD.



TODAY DURING INTRADAY, MY CLIENTS BOUGHT NIFTY FUTURES AROUND 3585 AND SOLD IT AT 3630.





THEY WERE AWARE THAT 3579 IS THE BOUNCE BACK REGION & THEY HAD THE STOP LOSS OF 3570 IN THEIR MIND.




THEY KNEW 3650 IS THE RESISTANCE AND THATS WHY THEY SOLD NIFTY FUTURES AT 3630.




THEY AGAIN BOUGHT NIFTY FUTURES AROUND 3586 AND SOLD IT AT 3614 DURING THE LAST HOUR OF TRADE.

FOR TOMORROW:-





NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 15-05-09
​

NIFTY FUTURES HAS CLOSED AT 3603.65

UPWARD VIEW OF NIFTY FUTURES:-
​

3605 WILL BE THE TREND DECIDER FOR TOMORROW.



UPTREND IS EXPECTED ONLY IF NIFTY FUTURES TRADES AND SUSTAINS ABOVE 3605.




ABOVE 3605 NIFTY FUTURES CAN RALLY UPTO 3627 3644.



3644 - 3650 WILL ACT AS A MAJOR HURDLE FOR THE NIFTY FUTURES DURING TOMORROWS INTRADAY SESSION.




DURING INTRADAY TOMORROW NIFTY FUTURES HAS TO MAKE A STRONG GROUND OR A STRONG SUPPORT ABOVE 3644 3650.





AND ONLY ABOVE 3644 3650 WILL TAKE NIFTY FUTURES TO 3666 3687.



MAXIMUM UPTREND FOR TOMORROW CAN BE SEEN UPTO 3687 AND FROM 3687 NIFTY FUTURES CAN REVERSE ITS TREND.

DOWNWARD VIEW OF NIFTY FUTURES:-

​

NIFTY FUTURES WILL BE STRONG ABOVE 3605.



SO UNABLE TO TRADE ABOVE 3605 WILL TAKE NIFTY FUTURES TO LOWER LEVELS AT 3593 3579.



3579 IS A STRONG SUPPORT FOR NIFTY FUTURES.




REMEMBER, THIS SAME LEVEL OF 3579 WAS THE BOUNCE BACK REGION FOR TODAY i.e. FOR 14-05-09



IF NIFTY FUTURES BREAKS 3579 THEN IT CAN FURTHER SLIDE DOWN TO 3566 3550 3524 3498.



IN CASE OF A MAJOR FALL 3524 WILL ACT AS A STRONG BOUNCE BACK REGION.




FAILURE TO BOUNCE BACK FROM 3524 WILL TAKE NIFTY FUTURES TO 3498.

TRADING CALL FOR 15-05-09

​

RIL BUY 1910 S/L 1900 TGT 1926 1947 & SELL 1896 S/L 1906 TGT 1888 1864



UNION BANK BUY 177 S/L 168.50 TGT 186 197 & SELL 167 S/L 170 TGT 159 142



TWL BUY 252 S/L 240 TGT 264 277 & SELL 238 S/L 242 TGT 228 208



REL INFRA BUY 799 S/L 794 TGT 814 827 838 846 & SELL 793 S/L 798 TGT 786 780 763 747



BAJAJ AUTO BUY 800 S/L 777 TGT 820 835 850 & SELL 774 S/L 780 TGT 755 711



HAVE A NICE TRADING SESSION FOR TOMORROW.



GANPATI BAPPA MORYA



HARI OM


REGARDS,
NISHIKANT K. HADGE

 

[arunm]

thanks..............................