Monday, January 31, 2011

Nifty Futures Intraday Levels for 1st February 2011

It was a volatile day for the Dalal Street. The equity market moved and remained in the range of 5550-5530 due to the lack of cues but short coverings helped nifty futures to pare losses in the half an hour of trade and end moderately lower. Nifty Futures closed at 5524.40, down 6 points or 0.22 %. Nifty is looking bearish in the coming trading session if it manages to trade and consolidate below the support level of 5350 else above 5625 it would be bullish in trend. One can adopt the strategy of sell at higher level.

Resistance: it has first resistance close to the level of 5560 & after it may face the next resistance close to the level of 5625

Support: it has first support close to the level of 5410 & after it may get the next support close to the level of 5350.


Bank Nifty Outlook for 1 February 2011

Bank nifty had a volatile trading session it moved and remained in the range of 10440-10722. Bank Nifty Futures closed at 10660, up 24.05 points or 0.23 %.In bank sector Canara Bank, Bank of Baroda and Union Bank of India lead the row which made bank nifty to close into green. It is looking bearish in the coming trading session if it manages to trade below the support of 10385 else it has resistance at 10760 above this level it would be bullish in trend.

Resistance-It has first resistance close to the level of 10760 & after it may face the next resistance close to the level of 10850.
Support: It has first support close to the level of 10385 & after it may get the next support close to the level of 10270.

Intraday Tips for Tomorrow - 1st february 2011



United Phosphorus Ltd.
CMP-136.10
Intraday Call- Buy at 135 TG-139-143 SL-131.40

JSW Steel Ltd.

CMP-905.50
Intraday Call- Buy at CMP TG-920-930 SL-894
Short Term – TG- 1050 Time-frame – 2-3 Weeks

DLF Ltd.
CMP-223.90
Intraday Call- Sell at 225 TG-221-217 SL-231

Friday, January 28, 2011

Nifty Future Tips : Intraday Trend for Monday 31 January 2011

Worst performing reality stocks butchered Nifty and it faced the day low of 5485 and managed to close above 5500 but red mark. The FII's pulled out some of their money from the market which resulted as further downfall in Indian equity indices.

Nifty Future was in continuous down trend last week and breached its support of 5500 and tested 5485 level. It can continue down trend in coming trading session. One should adopt the strategy of sell at higher level. Support for nifty Future is at 5470/5412 and Resistance is at 5622/5682 levels.

RESISTANCE: It has first resistance close to the level of 5622 & above this level the next resistance is seen near the 5682 mark.  

SUPPORT: It has first support close to the level of 5470 & below this level the next support is seen near 5412 mark.  

Bank Nifty Position For Monday 31 Janaury 2011 (Next Week Trend)

Bank Nifty Future also saw sharp down fall and closed near to its days low. Its down fall will continue in next trading session. One should adopt a strategy of sell at higher level. Support for Bank Nifty Future is at 10555/10385 and It has Resistance is at 10950/11255 levels.

RESISTANCE: It has first resistance close to the level of 10950 & above this level the next resistance is seen near the 11255 mark.

SUPPORT: It has first support close to the level of 10955 & below this level the next support is seen near 10338 marks.

Thursday, January 27, 2011

Nifty Future Tips: Intraday Levels for Tomorrow


Nifty future had seen sharp down fall and closed below 200 Days Moving Average. Its down fall will continue in coming trading session. One should adopt a strategy of sell at higher level. Support for Nifty Future is at 5542/5508 and Resistance is at 5715/5800.

RESISTANCE: It has first resistance close to the level of 5715 & above this level the next resistance is seen near the 5800 mark.
SUPPORT: It has first support close to the level of 5542 & below this level the next support is seen near 5508 mark.

Get Free Subscription Of Stocks and Nifty Tips- CLICK HERE 

Bank Nifty Trading Levels for 28th January 2010


Bank Nifty Future also saw sharp down fall and closed near to its days low. Its down fall will continue in next trading session. Support for Bank Nifty Future is at 10555/10385 and It has Resistance is at 10950/11255 levels.

RESISTANCE: It has first resistance close to the level of 10950 & above this level the next resistance is seen near the 11255 mark.
SUPPORT: It has first support close to the level of 10955 & below this level the next support is seen near 10338 marks.

Tuesday, January 25, 2011

Intraday Nifty Levels for 27 Januaury


Nifty Future had seen sharp down fall after RBI monetary policy and closed near to its days low. Its down fall might continue in coming trading session. Tomorrow being an off, Thursday which is the January expiry would be the next trading session so we may see highly volatile session in coming trading day. One should adopt the strategy of selling at higher levels. Support for Nifty Future is at 5668/5628 and Resistance is at 5760/5800 levels.

RESISTANCE: It has first resistance close to the level of 5760 & above this level the next resistance is seen near the 5800 mark.  

SUPPORT: It has first support close to the level of 5668 & below this level the next support is seen near 5628 mark.


Nifty Tips (Trading Recommendation)  : Sell Below 5665 TG-5645-5630 SL-5690



Bank Nifty Trading Tips for Thursday 27 January 2011


  Bank Nifty Future also saw sharp down fall. Its down fall will continue in next trading session. If Bank Nifty Breaks 11744 level we can see some correction in it. One should wait for proper break out on either side Support for Bank Nifty 10800/10744 Resistance is at 11185/11325 levels.

RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11325 mark.

SUPPORT: It has first support close to the level of 10800 & below this level the next support is seen near 10744 marks.  

Monday, January 24, 2011

Intraday Nifty Levels for Tomorrow

Nifty Future today opened higher traded and saw a smart recovery in earlier session but still managed its range of 5755-5632 and it closed in flat note. It can take up moves in coming trading session if it manages to sustain above 5760 level. But the credit policy due tomorrow can bring some volatility in it. The monetary policy, RBI going to announce tomorrow will decide the sentiments of the market. Resistance for Nifty Future is 5760/5870 and it has support is at 5668/5625 levels.

RESISTANCE: It has first resistance close to the level of 5760 & above this level the next resistance is seen near the 5870 mark.

SUPPORT: It has first support close to the level of 5668 & below this level the next support is seen near 5525 mark.


Trading Recommendations- Buy Nifty above 5757 TGT-5780-5800-5820 SL-5690



Bank Nifty Position for 25 January 2011


  Bank Nifty saw good recovery in last trading session after good result of ICICI Bank and its up move will continue in coming session If it breaks 11185 level. One should take position after proper break out. Resistance for Bank Nifty Future is at 11185/11325 and Support is at 10990/10745 levels

  RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11325 mark.
  SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10745 marks. 

Friday, January 21, 2011

Nifty Intraday Levels for Next Week (Monday 24th January 2011)

Nifty Future was highly volatile in last trading session and moving under tight range and finally It closed in flat note. If it manages 5755 level it could take rally in near term. Resistance for Nifty Future is at 5755/5860 and it has support at 5628/5565.  One should wait for proper break out in either side to take any position.

  RESISTANCE:
It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark. 

  SUPPORT: It has first support close to the level of 5628 & below this level the next support is seen near 5565 mark.





   

Intraday Lveles for Bank Nifty (Monday 24th Januray 2011)


  Bank Nifty was volatile in last trading session but closed in a positive note. One should still wait for break out in either side. If Bank Nifty Manages to sustain 11184 level It can take up move from there. Resistance for Bank Nifty is at 10956/11185 and Support is at 10775/10500 levels.

RESISTANCE: It has first resistance close to the level of10955 & above this level the next resistance is seen near the 11185 mark.

SUPPORT: It has first support close to the level of 10775 & below this level the next support is seen near 10500 marks.

Thursday, January 20, 2011

NSE Market Outlook and Trading Strategy

The 50 shares NSE Market Index showed a smart recovery in last couple of hours of todays trading session and closed with moderate gain. Banking and IT sector helped boosting the market while FMCG and Oil & gas companies were the prime losers. Nifty Future is volatile and moving under range of 5753-5629 from last few trading session. Today it closed near to its resistance level so it may take up move in coming trading session till 5820. On another side if it breaks 5625 level it may take some correction. One should wait for proper break out on either side. Resistance for Nifty Future is at 5755/5885 and support is at 5625/5560 levels.

RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5885 mark.
SUPPORT: It has first support close to the level of 5625 & below this level the next support is seen near 5560 mark.


Trading Strategy- Buy Nifty Above 5750 TG-5800-5850
  

Bank Nifty Outlook For 21 January 2011

Bank Nifty has seen smart recovery from its bottom and closed near to its resistance level. It may take up move in coming trading session. One should wait for proper break out on either side. Resistance for Bank Nifty is at 10955/11080 whereas support is at 10745/10500 levels.  

RESISTANCE: It has first resistance close to the level of 10955 & above this level the next resistance is seen near the 11080 mark. 
SUPPORT: It has first support close to the level of 10745 & below this level the next support is seen near 10500 marks.  

Wednesday, January 19, 2011

Nifty Technical Outlook for tomorrow

Indian Benchmark  indices today closed with red mark making 0.6% lower. Nifty Down 33 points as it could not sustain the higher levels. Nifty Future was volatile in last trading session and faced difficulty to sustain at higher levels and closed below 5700 level. It may take some correction below 5630 level in coming trading session. One should adopt the strategy of sell at higher levels. Support is at 5624/5540 while Resistance is at 5755/5885 levels.

RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5621 & below this level the next support is seen near 5540 mark.

Intraday Trading Strategy :
Adopt strategy to buy at higher levels

Short  Nifty at 5750 for the intraday targets of  5730-5700



Bank Nifty Levels for Thursday 20th Januray 2011

  Bank Nifty was also was not able to sustain at higher level and closed near to its days low. It may face some more selling in coming trading session. One should adopt the strategy of sell at higher level. Support for Bank Nifty is at 10530/10385 .Resistance is at 10745/10955 levels.  

RESISTANCE: It has first resistance close to the level of 10745 & above this level the next resistance is seen near the 10955 mark. 

SUPPORT: It has first support close to the level of 10530 & below this level the next support is seen near 10385 marks.  

Tuesday, January 18, 2011

NSE Market News and Nifty Trading levels for 19 January 2011

Third quarter results of TCS, strong European cues and technology , metal and financial companies shares lift the NSE index on Tuesday up to 5700 level with a green mark. Nifty closed today at 5724.05 with 69.30 points of gain (+1.23%).
Nifty Future moving under tight range from last two trading session and not able to break 200 Days Moving Average and it is forming Higher bottom pattern. It is the signal of uptrend and today it closed near to its days high. Nifty future can take up move above 5755 level . IF it breaks 5620 level we can see some more correction in it. One should wait for proper break out Resistance is at 5755/5860 and It has support at 5672/5630.

RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5670& below this level the next support is seen near 5630 mark.

Trading Strategy-

 Buy Nifty above 5755 TG-5800-5840 SL-5685




   

Bank Nifty Trend For 19th January 2011


  Bank Nifty Future saw recovery from its bottom level and closed near to its days high. Bank Nifty may take up move above 10725 level in coming trading session. One should take position after proper break out. Resistance for Bank Nifty is at 10955/11185 and it has support at 10300/10171 levels.

RESISTANCE: It has first resistance close to the level of 10955 & above this level the next resistance is seen near the 11185 mark.

SUPPORT: It has first support close to the level of 10300 & below this level the next support is seen near 10171 marks.  

Monday, January 17, 2011

NSE Market Updates and Trading Tips For 18 January 2011


Nifty Future moved under a tight range after sharp fall in last 10 trading sessions and closed in flat note. NSE Index closed at 56,54.75 just 0.2 points more than previous closing and traded in a range of 5625-5680. If it manages to sustain below 5620 level we can see some more down trend in it. One should wait for proper break out. Support for Nifty Future is at 5600/5565 and Resistance is at 5730/5860 levels.

RESISTANCE: It has first resistance close to the level of 5730 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5600 & below this level the next support is seen near 5565 mark.

Trading Strategy- There seems No particular direction for Nifty to move. If Nifty Manages to sustain above 5700 It May see the rally up to 5750-5800-5850 below 5600 it may see 5565-5510.


Bank Nifty Futures: Trading Levels for Tomorrow

Bank Nifty future moved under tight range and closed on flat note .One should wait for proper break out on either side. If Bank Nifty future breaks 10300 level we can see some more correction in it. Support for Bank Nifty is at 10300/10171 and Resistance is at 10845/10955.

RESISTANCE: It has first resistance close to the level of 10845 & above this level the next resistance is seen near the 10955 mark.
SUPPORT: It has first support close to the level of 10300 & below this level the next support is seen near 10171 marks. 

Friday, January 14, 2011

Nifty Trading Levels for Monday (Next Week) 17 January 2011

Nifty future had seen sharp correction below 5700 level after increasing inflation and on concerns that the Reserve Bank may hike interest rate, and closed near its days low. It can take more correction in coming trading session so one should adopt strategy of sell at higher level. Support for nifty future is at 5597/5515 and Resistance is at 5790/5860 levels.

RESISTANCE: It has first resistance close to the level of 5790 & above this level the next resistance is seen near the 5860 mark.

SUPPORT: It has first support close to the level of 5598& below this level the next support is seen near 5515 mark.


Bank Nifty For Next Trading Session


Bank nifty had seen sharp correction in last trading session, after increasing inflation and on concerns that the Reserve Bank may hike interest rate. Bank nifty closed at 10439 levels and continues its bearish trend. One should adopt the strategy of selling at higher level. Support for bank nifty is at 10300/10171 and Resistance is at 10600/10955 levels.

RESISTANCE: It has first resistance close to the level of 10600 & above this level the next resistance is seen near the 10955 mark.
SUPPORT: It has first support close to the level of 10300 & below this level the next support is seen near 10171 marks.  

Thursday, January 13, 2011

Intraday Levels For Nifty (14 January 2011),


It was a volatile session for Nifty and It plunges 111 Points. Market is not sustaining Higher levels. Today Nifty opened on a negative note and after making a high of 5857 it showed intense selling pressure during the day and made a low of 5736 levels. Finally nifty closed with red mark (5750) with 1.90% of loss.

If it breaks 5700 level ,It may take more sharp fall , One should take position after proper break out. Support for Nifty Future is at 5700/5670 and Resistance is at 5885/5925 levels.

RESISTANCE: It has first resistance close to the level of 5885 & above this level the next resistance is seen near the 5925 mark.
SUPPORT: It has first support close to the level of 5700 & below this level the next support is seen near 5670 mark.

Trading Strategy-

Buy Above 5790 TG-5820/5875 .
But If Nifty does not show strength above 5,750 levels then selling pressure till
5690- 5625-5550 levels may also be seen.


Bank Nifty Levels For Tomorrow 14th Jan 2011

Bank nifty had seen sharp fall in last trading session and If it breaks 10632 level we can expect some more down trend. One should take position after proper break out only. Support for bank nifty is at 10630/10565 and Resistance is at 11185/11324 levels.

RESISTANCE: It has first resistance close to the level of 11185 & above this level the next resistance is seen near the 11324 mark.

SUPPORT: It has first support close to the level of 10630 & below this level the next support is seen near 10565 marks.

Wednesday, January 12, 2011

Nifty Intraday Trading Tips For 13 Jan 2011

Nifty future was highly volatile in last 2 trading sessions but still managed to hold its strong support level of 5700 . It has shown some resilience around 5680-5700 and ended up with green signal. If nifty future breaks 5925/ level we can see some more up move in it . One should take long position in it with stop loss of 5700,Resistance for nifty future is at 5925/6000 and has support of 5745/5700 levels.

RESISTANCE: It has first resistance close to the level of 5925 & above this level the next resistance is seen near the 6000 mark.
SUPPORT: It has first support close to the level of 5745 & below this level the next support is seen near 5700 mark.

Trading Tips:

Strategy : Buy On Dips
Buy  at  5825  TG- 5850-5875-5900 SL- 5700





Bank Nifty Futures Tips : Technical View For Tomorrow

Bank Nifty future had good recovery in last trading session and its up move may continue in coming trading session. One should adopt the strategy of buying at lower levels. Resistance for bank nifty is at 11325/11440 and support is at 10990/10750.

RESISTANCE: It has first resistance close to the level of 11325 & above this level the next resistance is seen near the 11440 mark. 

SUPPORT: It has first support close to the level of 10990 & below this level the next support is seen near 10750 marks.

Tuesday, January 11, 2011

NSE MARKET Review and Trading recommendation For 12 January

Nifty Future manages its strong support of 5700 level and saw a strong recovery in last hour of todays session and it ended Up flat showing great resilience in last hour of trading . It is a good sign of recovery but one should take position only after proper break out. It closed today at 5,754.10 , 8.75 Point down from the previous level (-0.15%). Support for nifty future is 5700/5670 and has resistance is at 5860/5915 levels.

RESISTANCE: It has first resistance close to the level of 5860 & above this level the next resistance is seen near the 5915 mark. 
SUPPORT: It has first support close to the level of 5700 & below this level the next support is seen near 5670 mark.

Trading Recommendation :

Buy Nifty Above  5800 TG-5850-5900


Bank Nifty forecast: Trading levels for tomorrow

Bank Nifty had short covering after a sharp fall in last few days , and closed near to its days high. It can take more up move from here therefore one should take position after proper break out.

Resistance for bank nifty is at 11140/11324 and support is at 10633/10565 level.

RESISTANCE: It has first resistance close to the level of 11140 & above this level the next resistance is seen near the 11324 mark.

SUPPORT: It has first support close to the level of 10633 & below this level the next support is seen near 10565 marks.  

Monday, January 10, 2011

NSE MARKET UPDATES AND FORECAST FOR TOMORROW


Nifty future had sharp fall in Monday's trading session and closed near to its support level. Now 5700 seems to be very crucial support level . If nifty break this level we can see some more downfall fall in it. One should take position after proper breaks out. Support for Nifty future is at 5725/5670 and Resistance is at 5860/5915.

RESISTANCE: It has first resistance close to the level of 58600& above this level the next resistance is seen near the 5915 mark.

SUPPORT: It has first support close to the level of5725& below this level the next support is seen near 5670 mark.

Bank Nifty Tips : Trend For Tuesday 11 January 2010

Bank nifty future had continuous down fall from last week and closed near to it support level . One should wait for proper break out in it. Support for Bank nifty is at 10565/10300 and resistance is at 10964/11140.

 RESISTANCE: It has first resistance close to the level of 10964& above this level the next resistance is seen near the 11140 mark.
 
SUPPORT: It has first support close to the level of 10565 & below this level the next support is seen near 10300 marks.

Intraday Tips For Tomorrow

Intraday Share Tips For Tomorow -

Sell Hindalco below 220 TG-216-212 SL-225


Buy Transport Corporation above 110 TG-112-114 SL-105.50


Sell HDIL TG-165 SL-174


Buy Power Corporation TG-295-300 TG-285

Friday, January 7, 2011

Nifty Future Trend For Next Week


Nifty Future had sharp fall in last trading session and closed below its psychological level. In coming week we can see smart Pull back in it. One should take position after proper break out. Support for nifty future is at 5863/5750 and Resistance 5980/6030

RESISTANCE: It has first resistance close to the level of 5980& above this level the next resistance is seen near the 6030 mark.
SUPPORT: It has first support close to the level of 5863 & below this level the next support is seen near 5750 mark.






Bank Nifty Trend For Monday- technical Analysis

Bank Nifty had sharp fall in last trading session and If it breaks the level of 11040,  we can see more correction in it. One Should take position after proper break out in either side. Support for bank nifty is at 11041 /10920 and Resistance is at 11350/11445 levels.

RESISTANCE: It has first resistance close to the level of 11350 & above this level the next resistance is seen near the 11445 mark.

SUPPORT: It has first support close to the level of 11041 & below this level the next support is seen near 10920 marks.

Thursday, January 6, 2011

Nifty Future Tips For 7th january 2011

Nifty future is still trading on weak note. We can see some more correction in coming trading session. One should adopt a strategy to sell at higher levels. Support for Nifty future is at 6000/5966 and resistance is at 6150/6208 levels.
RESISTANCE: It has first resistance close to the level of 6150 & above this level the next resistance is seen near the 6208 mark.

SUPPORT: It has first support close to the level of 6000 & below this level the next support is seen near 5966 mark.


Bank Nifty Tips To Friday 7th Jan 2011

Bank Nifty had sharp down fall in last trading session, We can see some more down fall in coming trading session. One should adopt a strategy to sell at higher level. Support for bank nifty future is at 11180/11040 and resistance is at 11440/11665 level

RESISTANCE: It has first resistance close to the level of 11440 & above this level the next resistance is seen near the 11665 mark.

SUPPORT: It has first support close to the level of 11180 & below this level the next support is seen near 11040 marks.

Wednesday, January 5, 2011

Intraday Nifty Levels: 6th January 2011

Nifty future had a sharp fall in last trading session and closed in negative note. It can take some more correction in coming trading session so One should adopt a strategy of selling at higher levels until it sustain above 6200 level. Support for nifty future is at 6068/6041 and Resistance is at 6150/6182 level.
RESISTANCE:It has first resistance close to the level of 6150 & above this level the next resistance is seen near the 6182 mark.

SUPPORT: It has first support close to the level of 6068 & below this level the next support is seen near 6014 mark.





Bank Nifty Tips For 6th Januray 2011

Bank nifty had sharp fall in last trading session. It can take some more correction in coming session. One should adopt a strategy of selling at higher levels. Support is at 11260/11180 and Resistance is at 11478/11570.

RESISTANCE: It has first resistance close to the level of 11478 & above this level the next resistance is seen near the 11570 mark.

SUPPORT: It has first support close to the level of 11260 & below this level the next support is seen near 11180 marks.

Tuesday, January 4, 2011

Nifty Future Position for 5th January 2010


Nifty future was volatile in last trading session and moved between tight range of 6200-6130. If it breaks 6100 level we can see some more correction in it. In upward if it manages 6200 level we can see up move till 6300 levels. Resistance for Nifty future is at 6241/6331 and support is at 6131/6068 levels.

RESISTANCE: It has first resistance close to the level of 6241 & above this level the next resistance is seen near the 6331 mark.

SUPPORT: It has first support close to the level of 6131& below this level the next support is seen near 6068 mark.

Bank Nifty Updates for Tomorrow

Bank nifty future had a sharp down fall in last trading session, If it breaks 11570 level, we can see some more correction in it. One should adopt a strategy of sell at higher level. Resistance for Bank nifty is at 11735/11875 and support is at 11570/11455.

RESISTANCE:
It has first resistance close to the level of 11735 & above this level the next resistance is seen near the 11850 mark.

SUPPORT:
It has first support close to the level of 11570 & below this level the next support is seen near 11455 mark.

Monday, January 3, 2011

Nifty For Tuesday 4 January 2011

Technical View On Nifty :
 
  Nifty Future opened with gap but not sustaining at higher level and closed near to its days low. If nifty future sustain above 6200 level we can see good up rally and it can test the level of 6300 in near term. On the down side If it break 6100 level we can see some correction in it. One should take position after proper break out in either side. Resistance for Nifty future is at 6248/6321 and it has support at 6130/6068 levels.

  RESISTANCE:
It has first resistance close to the level of 6248 & above this level the next resistance is seen near the 6321 mark.

SUPPORT: It has first support close to the level of 6130 & below this level the next support is seen near 6068 mark.
 

Bank Nifty Tips For TUESDAY 4th January 2011

Technical View on Bank Nifty -
Bank Nifty future closed near to its support level .We can see some down trend in coming session .On up side If it break 11950 level we may seen up rally till 12050 whereas on the down side it has major support level of 11735 levels. Resistance for Bank Nifty at 12050/12300 and support is at 11735,11665 levels .

RESISTANCE: It has first resistance close to the level of 12050 & above this level the next resistance is seen near the 12300 mark.
SUPPORT: It has first support close to the level of 11735 & below this level the next support is seen near 11665 marks.

Saturday, January 1, 2011

CKAAYURR8ZRG

 
Posted By Commodity MCX Tips