Monday, May 31, 2010

Nifty Trend For Tomorrow

  Nifty Tips-
Nifty closed with the modest gain and in the end holding the level of 5000. The next crucial resistance zone seems to be around the levels of 5100 to 5110. Closing above this resistance zone may take up it till the higher levels of 5175 to 5180 in short term. I recommend that still nifty future is in the down trend so one could go for sell on rise in it until it made closing above 5110. In the downside we might expect the lower levels of 4900 to 4905.

Friday, May 28, 2010

Nifty Levels For Next Week

 Nifty made the strong sessions today on upside and in the end hold the 5000 level. Still 5110 & 5205 are two crucial upside hurdles for nifty future. Closing above this level of 5205 could take up the Nifty for further up moves and could expect the trend reversal from that point. In the downside 4900 is the first major support. I recommend that traders should watch out the 5100 level if Nifty future does not break this level then one can go for sell on rise in it for the targets of 4850 to 4900 in near term.

Thursday, May 27, 2010

Nifty Levels- Technical View on Nifty

Nifty Future Tips (28/052010) -  
Nifty made the strong recovery today from the lower side and in the end managed to close above 5000 level. Upside rally in nifty future led by the global cues & buying in heavyweights. Nifty future can face the next resistance close to the resistance range of 5100 to 5110. Closing above can take up the market till the levels of 5190 to 5200 in near term. I recommend still traders should go for sell on rise in Nifty Future until it made closing above 5100. In the downside one can get the levels of 4900 to 4910 in short term.

Wednesday, May 26, 2010

NSE Index trading tips- Nifty Recommendations

Tips For Thursday -
Nifty future today gain more than 100 points and in the end managed to close above 4900 level, but this could not be consider as trend reversal. Still market is facing the resistance on higher levels and could correct from the current levels. In the upside 5025 is the crucial resistance closing above may take up it till the higher levels of 5090 to 5100 in near term. in the downside closing below 4750 to 4770 support range may slide it till the lower levels of 4660 to 4670 in short term. I recommend that traders Should go for sell on rise in Nifty future.

Tuesday, May 25, 2010

Nifty Levels for wednesday

Nifty Tips- Nifty future witnessed the huge correction today and in the end managed to close above 4800 mark. As I had already recommended shorts in nifty future for the targets of 4900, 4830, today it done. now Nifty future is looking to continue this downward rally and we might see more downside in it from the current levels. In the downside two key supports are 4730 & 4660. I recommend that shorts in Nifty future could be hold for the targets of 4700 and 4680. Those traders who like to initiate new shorts in Nifty future can short below the level of 4770 with the stoploss of 4805.

Monday, May 24, 2010

Nifty Tips- Market levels for Tuesday

  Nifty today witnessed the strong resistance on higher levels and after once reaching 5000 mark does not been able to sustain. As I had already mentioned in previous report that Nifty Future may slip from the higher levels. Now in the next some trading sessions we might expect the huge correction in market. I recommend that traders should focus on short side from the current levels. Closing below 4850 may drag it till the lower levels of 4760 to 4770 in short term.

Friday, May 21, 2010

Nifty levels- NSE tips of the Day (Next week trend)

  Nifty continue the down trend and made new low of 4851. Today it witnessed the high volatile session & in the end made the closing with modest loss. Nifty future is looking to continue it's down trend for some more time and in the downside 4830 & 4770 are two key supports. Closing below 4770 could drag it till the lower levels of 4650 to 4660 in near term. I recommend that traders should focus on sell on rise strategy in it for the targets of 4770 to 4780 from the current levels.

Thursday, May 20, 2010

Nifty Tips- Trend Of NSE market for the day

 Nifty witnessed the some bounce from the support of 4900 and in the end closed with the modest gain.technically still it is not sustaining at higher levels and we could expect more selling pressure in it. One can expect the lower levels of 4830 & 4760 in next few trading sessions. I recommend for intra day trading that trader can go for short in nifty future below 4900 for the target of 4840 to 4830 with the stoploss at 4935.

Tuesday, May 18, 2010

Nifty Tips and Market Trend 19/05/2010

Nifty witnessed the yet another highly volatile session today and made the range bound closing in the end. One thing very clear as per present trading trend is that it is not sustaining on higher levels. In the downside still 4950 to 4960 is the key support base.closing below this support base may drag it till the lower levels of 4830 to 4840 in near term. I recommend that traders can go for sell on rise in it until it made closing above 5200.

Saturday, May 15, 2010

Nifty Levels For Next Week

Nifty witnessed the correction from higher levels close to 5200 and closed below 5100. As per The Technical Analysis, More correction from the current level is expected. In downside two crucial supports seems to be at the levels of 4950 & 4820. So, I recommend that traders Should hold the shorts for some more time. Those traders who like to initiate new shorts can do below 4975 for the target of 4825 to 4830.

Nifty Levels For Next Week

Nifty witnessed the correction from higher levels close to 5200 and closed below 5100. As per The Technical Analysis, More correction from the current level is expected. In downside two crucial supports seems to be at the levels of 4950 & 4820. So, I recommend that traders Should hold the shorts for some more time. Those traders who like to initiate new shorts can do below 4975 for the target of 4825 to 4830.

Thursday, May 13, 2010

Nifty Tips- Market levels for trading in Nifty

Nifty closed with the modest gain, but yet another highly volatile session in market. In the upside it crossed the level of 5200 but could not be able to close above it and came down sharply from there. As per candlestick formation on charts we could expect the downside range bound movement in nifty future for upcoming trading session. Traders can go for sell on nifty future from the current levels for the targets.

Saturday, May 8, 2010

MAKING PROFIT IN BEAR NIFTY

Nifty future already made the downside breakout and sustaining below 5100 to 5105 levels. As per overall chart patterns it is looking to get good support close to 4950. Closing below 4950 could drag it till the lower levels of 4800 to 4805 in short term. So the safe traders could go for sell below 4950 for the target of 4800 to 4805 and risky traders can hold it for the target of 4750 in short term.

Bank Nifty Blast- Bank Nifty Tips for Next week

Bank Nifty future made the downside breakout below 9500 & now trading close to the support level of 9200. Due to weak global cues there is overall weakness in the market. In this week we might see huge correction in bank Nifty future below 9200. I recommend short position in bank Nifty future below 9200 for the target of 9050.

Friday, May 7, 2010

Nifty Tips For Next week

Nifty witnessed the yet another downside session and in the end manged to close above 5000 level. In the downside two key levels are 4950 & 4820. It is expected that once market could teste the 4800 level in this downside rally. I recommend that traders could hold the short position in infty future for the tg of 4900 & 4800. In the upside 5100 is looking the major resistance. Those who like to initiate new shorts could do below 4950 level for the target of 4850 with stoploss of 5005.

Wednesday, May 5, 2010

Nifty Market Tips- Position for Thursday

Nifty opened gap down and then in the end close above the support range of 5100 to 5105. Today nifty witnessed the smart recovery with the modest loss. Closing below 5100 may create more selling pressure in it. In the downside the key support seems to be at the level of 4950. I recommend that traders should go for sell in nifty future below 5100 for the target of 5020 to 5025. Risky traders can hold the short nifty future position for the tg of 4950.

Tuesday, May 4, 2010

Nifty Tips- Day Tips For tomorrow

Nifty made the strong correction today and also made closing below the level of 5150. Now the nifty might has reversed its medium term trend and could continue the selling pressure for while. In the previous report as I had already mentioend that traders could go for short in nifty future below 5200 for the tg of 5100 to 5105; it is looking to touch in upcoming trading sessions. In the downside we could see the good support zone at 5100 to 5105. Closing below this support zone may drop the nifty future till the lower levels of 5020 to 5025 in near term. I recommend that traders could hold the short with the sl of 5205 and those who like to initiate new shorts could do below the level of 5100 for the tg of 5025

Monday, May 3, 2010

Nifty- Market Tips for tomorrow

Nifty witnessed the range bound movement with the negative biased for the whole session. Today again it gets good buying support close to the support of 5200 & made the some recovery from it. In the tomorrow session we might expect the trading range of 5200 to 5290 in the nifty future. Closing below 5200 might drag it till the lower levels of 5145 to 5150 in near term. I recommend that traders could go for sell in nifty future below 5200 for the tg of 5100 to 5105

 
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