Nifty Futures Weekly And Intraday Analysis Trend Report

DO YOU THINK MY INTRADAY & WEEKLY PREDICTIONS FOR NIFTY FUTURES ARE ACCURATE?

  • ITS RELIABLE..... TECHNICAL SUPPORT / RESISTANCE DO EXIST....!

    Votes: 11 100.0%

  • NOT RELIABLE....ITS LIKE LOOKING FOR NIFTY LEVELS BY LOOKING AT A CRYSTAL BALL... !

    Votes: 0 0.0%

  • SOMEHOW THE LEVELS SEEM TO WORK... BUT I AM NOT CONVINCED....!

    Votes: 0 0.0%
  • Total voters
    11
  • Poll closed .
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Not open for further replies.
Nishikant

Nishikant

Well-Known Member
#791
#791
NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009




HARI OM​

:thumb:


NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009​
​


UPWARD VIEW OF NIFTY FUTURES​


""""LIKE I HAVE MENTIONED EARLIER, NIFTY FUTURES WILL HAVE UP TREND ABOVE 4506 ONLY""""


FOR TOMORROWS INTRADAY SESSION TO MAKE AN UP MOVE NIFTY FUTURES HAS TO TRADE ABOVE 4506. UPTREND IS IMPOSSIBLE, TILL NIFTY FUTURES TRADES BELOW 4506.


ABOVE 4506 IMMEDIATE HURDLE FOR NIFTY FUTURES IS PEGGED AT 4530.


NIFTY FUTURES CAN REVERSE FROM 4530 AND ONLY UPON SUSTAINING ABOVE 4530 WITH GREEN BUY VOLUMES; FURTHER UPTREND WOULD BE VISIBLE.



ABOVE 4530, NIFTY FUTURES CAN MAKE A MOVE UP TO 4546 4561.


4561 WILL ACT AS A SMALL HURDLE, BUT ABOVE 4561 NIFTY FUTURES CAN REACH 4584.


""""TRADERS SHOULD TRY TO EXIT LONG IN CASE NIFTY FUTURES REACHES 4584 OR ELSE THEY SHOULD TRAIL THEIR LONG POSITION BY MAINTAINING A TRAILING STOP LOSS AT 4561 ONCE NIFTY FUTURES HITS 4584""""


FOR ANY FURTHER UPTREND NIFTY FUTURES WILL HAVE TO MAKE STRONG GROUND ABOVE 4584.


NOTE : - FOR TOMORROW BEYOND 4506 A CLOSE ABOVE 4582 4605 IS REQUIRED FOR THE BULLS TO MAKE A COMEBACK.



DOWNWARD VIEW OF NIFTY FUTURES:-​



IN THE CHART ATTACHED ABOVE, YOU CAN SEE NIFTY FUTURES HAS TAKEN SUPPORT AT THE TRENDLINE


SO TODAY'S DAY LOW OF 4481 WILL ACT AS A TREND LINE SUPPORT FOR TOMORROWS INTRADAY SESSION.
IF NIFTY FUTURES BREACHES TODAY'S INTRADAY LOW OF 4481 THEN IT MAY SLIDE DOWN FURTHER TO 4461 4440.


"""1st INTRADAY BOUNCE BACK REGION IS PLACED AT 4440""""


FAILURE TO HIT BACK FROM 4440 WILL TAKE NIFTY FUTURES TO 4400.


NOTE : - NIFTY FUTURES HAS ALREADY CLOSED BELOW 4506.
FOR TOMORROW, 4455 IS THE LAST HOPE FOR NIFTY FUTURES ON A CLOSING BASIS. IN CASE OF FURTHER CORRECTION A CLOSE BELOW 4455 WILL MAKE THE BULLS MORE ACTIVE.



TRADING CALLS FOR 16-06-09
​



RIL BUY 2240 S/L 2229 TGT 2269 2298 2329 & SELL 2223 S/L 2236 TGT 2170 2115 2080 2055


HINDUNILVR BUY 260 S/L 257 TGT 263 268 & SELL 256 S/L 259 TGT 254 250


RPOWER BUY 202 S/L 199 TGT 209 213.50 218 & SELL 197 S/L 201 TGT 192 185


NTPC BUY 225 S/L 223 TGT 229 233.50 238 & SELL 220 S/L 224 TGT 216 - 211


ABB BUY 750 S/L 746 TGT 758 764 - 769 & SELL 744 S/L 749 TGT 738 733 727


HAVE A NICE TRADING SESSION TOMORROW


GANPATI BAPPA MORYA :)


HARI OM :)


REGARDS,
NISHIKANT K. HADGE
 
Last edited:
columbus

columbus

Well-Known Member
#792
#792
Re: NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009

Nishikant said:



NISHIKANT K. HADGE
Click to expand...
Dear Nishikant,

Though it is not hard and fast rule,generally it is believed that when
ever parabolic SAR is under the nifty graph ,we can expect a rise in
Nifty.Please clarify my doubt.For last 7 days SAR was down the NIFTY
graph.
 
Nishikant

Nishikant

Well-Known Member
#793
#793
Psar at 4208

columbus said:
Dear Nishikant,

Though it is not hard and fast rule,generally it is believed that when
ever parabolic SAR is under the nifty graph ,we can expect a rise in
Nifty.Please clarify my doubt.For last 7 days SAR was down the NIFTY
graph.
Click to expand...
HARI OM DEAR COLUMBUS :thumb:


PARABOLIC SAR AS SEEN IN THE CHART MENTIONED ABOVE IS PLACED AT 4208.


RISE IN NIFTY FUT IS EXPECTED BECAUSE NF IS SEEN VERY WELL PLACED ABOVE PSAR.


BUT WE CANT RULE OUT ANOTHER BELIEF THAT THE SAME PARA SAR WILL ACT AS A STRONG CUSHION IN CASE OF FURTHER DOWNFALL.


I HOPE I AM PINPOINTING IN THE RIGHT DIRECTION. CORRECT ME IF I AM WRONG.


REGARDS,
NISHIKANT K. HADGE
 
A

alobnok

Member
#794
#794
Re: NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009

Nishikant said:



HARI OM​

:thumb:


NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009​
​


UPWARD VIEW OF NIFTY FUTURES​


""""LIKE I HAVE MENTIONED EARLIER, NIFTY FUTURES WILL HAVE UP TREND ABOVE 4506 ONLY""""


FOR TOMORROW’S INTRADAY SESSION TO MAKE AN UP MOVE NIFTY FUTURES HAS TO TRADE ABOVE 4506. UPTREND IS IMPOSSIBLE, TILL NIFTY FUTURES TRADES BELOW 4506.


ABOVE 4506 IMMEDIATE HURDLE FOR NIFTY FUTURES IS PEGGED AT 4530.


NIFTY FUTURES CAN REVERSE FROM 4530 AND ONLY UPON SUSTAINING ABOVE 4530 WITH GREEN BUY VOLUMES; FURTHER UPTREND WOULD BE VISIBLE.



ABOVE 4530, NIFTY FUTURES CAN MAKE A MOVE UP TO 4546 – 4561.


4561 WILL ACT AS A SMALL HURDLE, BUT ABOVE 4561 NIFTY FUTURES CAN REACH 4584.


""""TRADERS SHOULD TRY TO EXIT LONG IN CASE NIFTY FUTURES REACHES 4584 OR ELSE THEY SHOULD TRAIL THEIR LONG POSITION BY MAINTAINING A TRAILING STOP LOSS AT 4561 ONCE NIFTY FUTURES HITS 4584""""


FOR ANY FURTHER UPTREND NIFTY FUTURES WILL HAVE TO MAKE STRONG GROUND ABOVE 4584.


NOTE : - FOR TOMORROW BEYOND 4506 A CLOSE ABOVE 4582 – 4605 IS REQUIRED FOR THE BULLS TO MAKE A COMEBACK.



DOWNWARD VIEW OF NIFTY FUTURES:-​



“IN THE CHART ATTACHED ABOVE, YOU CAN SEE NIFTY FUTURES HAS TAKEN SUPPORT AT THE TRENDLINE”


SO TODAY'S DAY LOW OF 4481 WILL ACT AS A TREND LINE SUPPORT FOR TOMORROW’S INTRADAY SESSION.
IF NIFTY FUTURES BREACHES TODAY'S INTRADAY LOW OF 4481 THEN IT MAY SLIDE DOWN FURTHER TO 4461 – 4440.


"""1st INTRADAY BOUNCE BACK REGION IS PLACED AT 4440""""


FAILURE TO HIT BACK FROM 4440 WILL TAKE NIFTY FUTURES TO 4400.


NOTE : - NIFTY FUTURES HAS ALREADY CLOSED BELOW 4506.
FOR TOMORROW, 4455 IS THE LAST HOPE FOR NIFTY FUTURES ON A CLOSING BASIS. IN CASE OF FURTHER CORRECTION A CLOSE BELOW 4455 WILL MAKE THE BULLS MORE ACTIVE.



TRADING CALLS FOR 16-06-09
​



RIL BUY 2240 S/L 2229 TGT 2269 – 2298 – 2329 & SELL 2223 S/L 2236 TGT 2170 – 2115 – 2080 – 2055


HINDUNILVR BUY 260 S/L 257 TGT 263 – 268 & SELL 256 S/L 259 TGT 254 – 250


RPOWER BUY 202 S/L 199 TGT 209 – 213.50 – 218 & SELL 197 S/L 201 TGT 192 – 185


NTPC BUY 225 S/L 223 TGT 229 – 233.50 – 238 & SELL 220 S/L 224 TGT 216 - 211


ABB BUY 750 S/L 746 TGT 758 – 764 - 769 & SELL 744 S/L 749 TGT 738 – 733 – 727


HAVE A NICE TRADING SESSION TOMORROW


GANPATI BAPPA MORYA :)


HARI OM :)


REGARDS,
NISHIKANT K. HADGE
Click to expand...
Hari Om Nishikant bhai,

Thanks to your prediction for Monday. I reduced some of my losses.
Just to highlight them. I bought a MiniNifty at 4530 in the morning and sold at 4575
Then shorted one at 4605 and bought it back at 4555. Total 90 points thanks to you.

Also i think so you meant to say bears and not bulls in the following note in Downward view of nifty futures
NOTE : - NIFTY FUTURES HAS ALREADY CLOSED BELOW 4506.
FOR TOMORROW, 4455 IS THE LAST HOPE FOR NIFTY FUTURES ON A CLOSING BASIS. IN CASE OF FURTHER CORRECTION A CLOSE BELOW 4455 WILL MAKE THE BULLS MORE ACTIVE.

Please correct me if i am wrong

Regards

Vikas
 
Sunil

Sunil

Well-Known Member
#795
#795
Re: NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009

columbus said:
Though it is not hard and fast rule,generally it is believed that when
ever parabolic SAR is under the nifty graph ,we can expect a rise in
Nifty.Please clarify my doubt.For last 7 days SAR was down the NIFTY
graph.
Click to expand...
Columbus, it's actually vice versa:
When Nifty rises, Par-SAR comes under the price line.
It's like the flow method - Par-SAR indicates a key level (may or may not be a pivot high/low), on break of which the trend reverses.
So, it's sort of a mechanical method indicator. And as with any indicator/oscillator, it needs to be complimented by another one. 20SMA is the usual one for EOD charts, along with RSI(14).
 
Nishikant

Nishikant

Well-Known Member
#796
#796
Re: NIFTY FUTURES INTRADAY TREND ANALYSIS & TRADING CALLS FOR 16th JUNE 2009

alobnok said:
Hari Om Nishikant bhai,

Thanks to your prediction for Monday. I reduced some of my losses.
Just to highlight them. I bought a MiniNifty at 4530 in the morning and sold at 4575
Then shorted one at 4605 and bought it back at 4555. Total 90 points thanks to you.

Also i think so you meant to say bears and not bulls in the following note in Downward view of nifty futures
NOTE : - NIFTY FUTURES HAS ALREADY CLOSED BELOW 4506.
FOR TOMORROW, 4455 IS THE LAST HOPE FOR NIFTY FUTURES ON A CLOSING BASIS. IN CASE OF FURTHER CORRECTION A CLOSE BELOW 4455 WILL MAKE THE BULLS MORE ACTIVE.

Please correct me if i am wrong

Regards

Vikas
Click to expand...


HARI OM VIKAS BHAI :thumb:


THANK YOU FOR POINTING OUT MY MISTAKE. YES I TYPED IT WRONG ;)


BELOW 4455 THE UNDERTONE BECOMES MORE BEARISH.


BEARS WILL HAVE A UPPER HAND BELOW 4455.


AND IN CASE, DURING MARKET HOURS OR AT THE END OF THE TRADING SESSION IF NIFTY REMAINS BELOW THE 4455 MARK OR CLOSES BELOW THE 4455 MARK, BEARS WILL HAVE A TIME TO REJOICE.


BULLS WILL BE SENT BACK PACKING.


BULLS WILL REMAIN ACTIVE ONLY ABOVE 4455



GANPATI BAPPA MORYA :)


HARI OM :)


REGARDS,
NISHIKANT K. HADGE
 
Nishikant

Nishikant

Well-Known Member
#797
#797
Kind Attention, 4481 Immediate Resistance

HARI OM DEAR FRIENDS :thumb:


"""NIFTY FUTURES IS TRADING BELOW ITS YESTERDAY'S DAY LOW OF 4481""""


THE SAME 4481 WILL NOW ACT AS A STRONG RESISTANCE FOR FURTHER UP MOVE.



UPTREND SEEMS POSSIBLE ONLY IF NIFTY FUTURES SUSTAINS ABOVE ITS YESTERDAY'S LOW OF 4481.


HAVE A NICE TRADING SESSION.


REGARDS,
NISHIKANT K. HADGE
 
Nishikant

Nishikant

Well-Known Member
#799
#799
4455 - 4481 - 4506 & Reverse 4506 - 4481 - 4455

arunm said:
Could not sustain above 4481
Click to expand...
HARI OM DEAR FRIENDS :thumb:


EVEN IF NIFTY FUTURES TRADES ABOVE 4481 THE IMMEDIATE RESISTANCE IS PEGGED AT 4506.


4506 IS THE SAME REGION ABOVE WHICH NIFTY HAD TO CLOSE YESTERDAY, BUT IT FAILED TO CLOSE ABOVE 4506.


SO MARKET WILL NOW SWAY IN THIS PARTICULAR RANGE OF 4455 - 4481 - 4506



"""""IN CASE NIFTY FUTURES MAKES IT TILL 4506 THEN USE THE 4481 - 4455 LEVELS TO TRAIL IF LONGS ARE TAKEN IN NIFTY FUTURES"""""


HAVE A NICE TRADING SESSION.


GANPATI BAPPA MORYA :)


HARI OM :)

REGARDS,
NISHIKANT K. HADGE
 
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