Re: Nifty Outlook for week 2-6 Feb
http://www.traderji.com/equities/26463-nifty-outllook-week-feb-9-13-a.html#post274523
http://www.traderji.com/equities/26463-nifty-outllook-week-feb-9-13-a.html#post274523
O
Nifty for week of 9-13 Feb
I think on Friday one will see Nifty @ levels very close to what they were on 6th Feb, but that does not mean a flat week, in fact tomorrow expect a good rally and gap up opening. This will continue till Tuesday and until Wednesday. Thereafter unless something positive is there like a local Stimulus plan etc., there will be profit taking, and by Friday we could be where we started.
Nifty Levels :
Monday : 2930
Tuesday : 2985
Wednesday : 3015
Thursday : 2965
Friday : 2870-2905
Happy and Safe Trading
I think on Friday one will see Nifty @ levels very close to what they were on 6th Feb, but that does not mean a flat week, in fact tomorrow expect a good rally and gap up opening. This will continue till Tuesday and until Wednesday. Thereafter unless something positive is there like a local Stimulus plan etc., there will be profit taking, and by Friday we could be where we started.
Nifty Levels :
Monday : 2930
Tuesday : 2985
Wednesday : 3015
Thursday : 2965
Friday : 2870-2905
Happy and Safe Trading
Re: Nifty for week of 9-13 Feb
Respected OneBull
I am not sure what will happen tomorrow and on Thursday.But today Dow Future is looking weak.Nifty can reach 2985 tomorrow from the current levels due to tadays's breakout after 21 trading sessions,and for the first time since January 7 but predicting 3015 on wednesday I think will be wrong.
I am sure about one thing that the market will decline on either wednesday or thursday.Expectation is more on Wednesday on account of the global cues today.
Respected OneBull
I am not sure what will happen tomorrow and on Thursday.But today Dow Future is looking weak.Nifty can reach 2985 tomorrow from the current levels due to tadays's breakout after 21 trading sessions,and for the first time since January 7 but predicting 3015 on wednesday I think will be wrong.
I am sure about one thing that the market will decline on either wednesday or thursday.Expectation is more on Wednesday on account of the global cues today.
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Re: Nifty for week of 9-13 Feb
At 11:20 PM Dow Jones down 300 point, NASDAQ down 50 points.
Also in Europian market FTSE were down 94.53 points, CAC down 114.12, DAX down 161.28.
Asian Market were also weak today except Hang Seng, Sanghai,Taiwan.
Also Nifty is facing resistance from its 56 day EMA @ 2927-2936.Today closed exactly at the resistance level.
Considering all the figures of global market and gain in Nifty about 15 points and gain in Sensex about 64 points today we can expect a decline tomorrow and nothing else.
Nifty first crucial support comes at 2885 and then 2830 in downside.
Market can move up to some extent if and only if the FII will be buyers tomorrow otherwise we will see bear upto 2850 very soon.
Aiyaz
At 11:20 PM Dow Jones down 300 point, NASDAQ down 50 points.
Also in Europian market FTSE were down 94.53 points, CAC down 114.12, DAX down 161.28.
Asian Market were also weak today except Hang Seng, Sanghai,Taiwan.
Also Nifty is facing resistance from its 56 day EMA @ 2927-2936.Today closed exactly at the resistance level.
Considering all the figures of global market and gain in Nifty about 15 points and gain in Sensex about 64 points today we can expect a decline tomorrow and nothing else.
Nifty first crucial support comes at 2885 and then 2830 in downside.
Market can move up to some extent if and only if the FII will be buyers tomorrow otherwise we will see bear upto 2850 very soon.
Aiyaz
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nifty levels and marketoutlook for monday and next week.
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