NIFTY Levels - for 07th Nov 2012:

1) NF closed @ 5773 & NS ticked above 5730. A strong Closing indeed.

2) Pattern:- Up Channel forming in 30 min chart & NF Closing at the Upper end. Breakout can give move in either direction.

3) Nifty Future SR Levels/ Zones for Intraday :- 

            Resistance @ 5785-5793, 5804-5810, 5857-5860

            Support     @ 5767-5757, 5737-5733, 5714-5711, 5698-5694, 5670-5664

4) Open Interest:-  Highest OI in 5900 Call (71 lacs) & 5600 Put (72 Lacs)

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation to Up trend

    ->  RSI          :-        Uptrend, so Buy all Dips

    ->  MACD (9,19,6) :- Bullish Crossover

    ->  Stoc (14,3,3)  :-  Bullish, going to be overbought

6) 30 min TF      :-      

    ->  Bollinger  :-        Uptrend

    ->  RSI          :-        Uptrend

    ->  Stoc (14,3,3)  :-  Uptrend, going to be overbought

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

GAP has not been filled.. so a new Trend emerging - & thats Up

BUY : Intraday If 5730 broken in NS, BUY with SL 5710, TGT 5750, 5800.

SELL: Intraday If 5730 not broken in NS.

NIFTY Levels - for 23rd Oct 2012:

1) Nifty Future closed @ 5732 Up by 33 point. As said.. but Overall it seems a BEAR TRAP for Coming month. & it happened so..

2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts.  The neckline is at 5640. Closing below this can give move of 150 pts

3) Nifty Futures SR Levels/ Zones for Intraday :- 

            Resistance @ 5723-5730, 5757-5766, 5784-5788, 5835-5843

            Support     @ 5698-5694, 5670-5664, 5647-5639, 5597-5593

4) Open Interest:-  Highest OI in 5800 Call (116 lacs) & 5600 Put (80 Lacs). OI again increased in  PE 5600

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation

    ->  RSI          :-        Up Trend

    ->  Stoc (14,3,3)  :-  Bullish

6) 30 min TF      :-      

    ->  Bollinger  :-        Uptrend

    ->  MACD (9,19,6) :- Bearish

    ->  RSI          :-        Uptrend

    ->  Stoc (14,3,3)  :-  Uptrend

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

BUY : Intraday If 5730 broken with Close in NF, BUY tomorrow.. but a reversal is imminent.

SELL: Intraday If 5730 not broken in NF with close below it.

NIFTY Levels - for 22nd Oct 2012:

1) Nifty Future closed @ 5687 down by 50 point. A GAP down is expected due to US market.. but Overall it seems a BEAR TRAP for Coming month.

2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts.  The neckline is at 5640. Closing below this can give move of 150 pts

3) Nifty Futures SR Levels/ Zones for Intraday :- 

            Resistance @ 5694-5698, 5723-5730, 5757-5766, 5784-5788, 5835-5843

            Support     @ 5670-5664, 5647-5639, 5597-5593

4) Open Interest:-  Highest OI in 5800 Call (106 lacs) & 5600 Put (67 Lacs). OI reduced in Puts, so this week may see a breakdown below 5600.

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation

    ->  RSI          :-        Up Trend

    ->  Stoc (14,3,3)  :-  Bearish

6) 30 min TF      :-      

    ->  Bollinger  :-       Downtrend

    ->  MACD (9,19,6) :- Bearish

    ->  RSI          :-        Downtrend

    ->  Stoc (14,3,3)  :-  Downtrend

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

BUY : If 5630 not broken with Close, BUY tomorrow..

SELL: If 5630 broken with close below it.

NIFTY Levels - for 19th Oct 2012:

1) Nifty Future closed @ 5734 up by 67 points with Higher Low. Today, Nifty returned from Resistance support zones twice.. Good trade executed..

2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts. We are in making of right shoulder..

3) Nifty Futures SR Levels/ Zones for Intraday :- 

            Resistance @ 5723-5730, 5757-5766, 5811-5817

            Support     @ 5698-5694, 5670-5664, 5647-5640, 5597-5593

4) Open Interest:-  Highest OI in 5800 Call (95 lacs) & 5600 Put (87 Lacs)

5) Daily TF        :-      

    ->  Bollinger  :-        Up trend

    ->  RSI          :-        Up Trend

    ->  Stoc (14,3,3)  :-  Bearish

6) 30 min TF      :-       Uptrend

    ->  Bollinger  :-       Uptrend

    ->  MACD (9,19,6) :- Bullish

    ->  RSI          :-        Uptrend

    ->  Stoc (14,3,3)  :-  Uptrend

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

BUY & Sell: In SR Zones with Proper Candlestick patterns.. That's it..

NIFTY Levels - for 18th Oct 2012:

1) Nifty Future closed @ 5667 up by 18 points.

2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts. We are in making of right shoulder..

3) Nifty Futures SR Levels/ Zones for Intraday :- 

            Resistance @ 5640-5647,  5664-5670, 5694-5698, 5723-5730,  

            Support     @ 5597-5593,  5560-5554,  5413-5400, 5350

4) Open Interest:-  Highest OI in 5800 Call (117 lacs) & 5600 Put (80 Lacs), 5500 (85.5 Lacs)

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  RSI          :-        Down Trend

    ->  Stoc (14,3,3)  :-  Bearish

6) 30 min TF      :-       Downtrend

    ->  Bollinger  :-       Downtrend

    ->  MACD (9,19,6) :- Bullish

    ->  RSI          :-        Correction Rally in Down trend

    ->  Stoc (14,3,3)  :-  Correction Rally in Down trend

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

BUY & Sell: In SR Zones with Proper Candlestick patterns.. That's it..

NIFTY Levels - for 17th Oct 2012:

1) Nifty Future closed @ 5649 down by 53 points.

2) Pattern:- Head & Shoulder Pattern in Progress in Daily charts. We are in making of right shoulder..

3) Nifty Futures SR Levels/ Zones for Intraday :- 

            Resistance @ 5647-5640,  5672-5666, 5730-5725,  

            Support     @ 5597-5593,  5559-5554,  5413-5400, 5350

4) Open Interest:-  Highest OI in 5800 Call (100 lacs), 5700 call (72 lacs) & 5600 Put (80 Lacs)

5) Daily TF        :-      

    ->  Bollinger  :-        Consolidation

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  RSI          :-        Down Trend (took Resistance at 60)

    ->  Stoc (14,3,3)  :- Bearish

    ->  Stoc (5,3,3)   :-  Bearish

6) 30 min TF      :-       Downtrend

    ->  Bollinger  :-       Downtrend Bubble

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  RSI          :-        Down Trend (took Resistance at 40)

    ->  Stoc (14,3,3)  :-  Still below 20, so another round of 20-30 pts

    ->  Stoc (5,3,3)   :-  Bearish

7) NF Gaps to be Noted:

    ->  5280  - 5313

    ->  5457  - 5526

    ->  5554  - 5575

 

BUY & Sell: In SR Zones with Proper Candlestick patterns.. Thats it..

NIFTY Views - for 14th Oct 2012:

1) Nifty took a sigh at Double Bottom - 5638 as expected..

2) Pattern: Bearish Harami Pattern

3) FIbo Level:  Nifty 61.8% Retracement @ 5649

4) Weekly TF    :-Reversal Possibility with Bearish Engulfing Pattern

    ->  Bollinger  :- Up Trend

    ->  RSI          :-  Hidden Divergence - Bearish

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :-  Consolidation

    ->  RSI          :- Down Trend

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  Stoc (14,3,3)  :- Suggesting an upside bounce once again

    ->  Stoc (5,3,3)   :-  Bearish

6) 60 min TF      :- Consolidation

    ->  Bollinger  :-  Consolidation

    ->  RSI          :-  Down trend

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

BUY: No plz

SELL: Sell in all Rallies, TGT - 5600, 5560, 5450 SL - 5675

NIFTY Views - for 11th Oct 2012:

1) Another great day for both Bull & Bear. Tomorrow should close below 5630 for good bearish extension. It will breach both Daily & Weekly Support @ 5630

2) Pattern: Bearish confirmation after Doji, as expected. But it could have been better!! 

3) FIbo Level:  Nifty 61.8% Retracement @ 5649

4) Weekly TF    :- Uptrend

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Down Trend

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  Stoc (14,3,5)  :- Bearish

    ->  Stoc (5,3,3)   :-  Bearish

6) 60 min TF      :- Down Trend

    ->  Bollinger  :-  Down trend

    ->  RSI          :-  Down trend

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

Gap is also not filled today of 5650- 5680.

BUY:  Buy above 5650 with proper candle pattern,TGT - 5670, 5700,  SL - 5635

SELL: Sell in Rallies @ or Below 5660, TGT - 5640, 5450 SL -5675

NIFTY Views - for 10th Oct 2012:

1) A Beautiful day for both the trades- Bull & Bear

2) Pattern: A Doji formed. Indecision in the market & probably a trend continuation on downside

3) FIbo Level:  76.4% Retracement @ 5912

4) Weekly TF    :- Uptrend

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Down Trend

    ->  MACD (9,19,6) :- Bearish Confirmation after crossover

    ->  Stoc (14,3,5)  :- Bearish

    ->  Stoc (5,3,3)   :-  Bearish

6) 60 min TF      :- Down Trend

    ->  Bollinger  :-  Down trend

    ->  RSI          :-  Down trend

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

BUY:  Buy above 5715,TGT - 5730, 5750,  SL - 5695

SELL: Sell in Rallies @ or Below 5730, TGT - 5640, 5450 SL -25 Points

NIFTY Views - for 8th Oct 2012:

1) Nifty has formed 52 week Hi @ 5815, but nothing changed !! Shorted @ 5800 as per levels & booked near 5740.

 Plz don't consider the Low of Nifty as 5000, as this wasn't reflected in BSE Sensex/ Futures.

2) Pattern: Bearish Engulfing candle has been formed with High Volume which means supply has overtaken the Demand. so threat to Bulls, to be confirmed tomorrow. We expect more fall in this week as correction only.

3) FIbo Level:  76.4% Retracement @ 5912, so Resistance ahead. 

4) Weekly TF    :- Uptrend

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend  (RSI above 70 + Bearish Divergence), so another High possible

    ->  MACD (9,19,6) :- Bearish Divergence from previous Top, so another Top is nearing. Confirmation after crossover only

    ->  Stoc (14,3,5)  :- Sideways, waiting for Sell signal

    ->  Stoc (5,3,3)   :- Sideways, waiting for Sell signal

6) 60 min TF      :- Side Trend

    ->  Bollinger  :- Side trend

    ->  RSI          :- Dip in Uptrend, so short term Uptrend for another top formation.

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

    ->  5650  - 5683

BUY:  Buy in the morning near 5740-5750,TGT - 5800,SL - 5725

SELL: Sell in Rallies @ 5800 or Below 5730, TGT - 5730,5640, 5450 SL -25 Points

NIFTY Views - for 5th Oct 2012:

1) Nifty has formed 52 week Hi @ 5807, but nothing changed !! Bought @ 5760 as per levels in the morning & Sold and short @ 5800..

2) Pattern: No Pattern.

3) FIbo Level:  76.4% Retracement @ 5912, so Resistance ahead. 

4) Weekly TF    :- Uptrend  ,but a Doji formed.

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend  (RSI above 70 + Bearish Divergence), so another High possible

    ->  MACD (9,19,6) :- Bearish Divergence from previous Top, so another Top is nearing. Confirmation after crossover only

    ->  Stoc (14,3,5)  :- Sideways, waiting for Sell signal

    ->  Stoc (5,3,3)   :- Sell signal, so go Short on short term rallies

6) 60 min TF      :- Consolidation

    ->  Bollinger  :- Side Trend to Down

    ->  RSI          :- Down Trend + Bearish Divergence, so short term downtrend for another top formation afterwards.

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

    ->  5650  - 5683

BUY:  Buy on Dips near 5740-5750, hold old positions @ 5760, TGT 5845, 5910, SL 5775

SELL: Sell @ 5810, TGT - 5740, SL - 5845

NIFTY Views - for 4th Oct 2012:

Back from Long Holidays..  Sooo

1) Nifty has formed 52 week Hi @ 5745.

2) Pattern: Rising Triangle indicates upward breakout.

3) FIbo Level:  76.4% Retracement @ 5912, so Resistance ahead. 

4) Weekly TF    :- Uptrend  ,but a Doji formed.

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend

5) Daily TF        :- Double Bottom @ 5638,

    ->  Bollinger  :- Up Trend

    ->  RSI          :- Up Trend  (RSI above 70 + Divergence), so another High possible

    ->  MACD (9,19,6) :- Bearish Divergence from previous Top, so another Top is nearing. Confirmation after crossover only

    ->  Stoc (14,3,5)  :- Sideways, waiting for Sell signal

    ->  Stoc (5,3,3)   :- Sell signal, so go Short on short term rallies

6) 60 min TF      :- Consolidation

    ->  Bollinger  :- Side Trend

    ->  RSI          :- Side Trend

7) Gaps to be Noted:

    ->  5043  - 5077

    ->  5238  - 5309

    ->  5399  - 5415

    ->  5435  - 5526

    ->  5554  - 5575

    ->  5650  - 5683

BUY:  Positional after Triangle breakout confirmation @ 5755, TGT 5910

SELL: Sell Positional @ 5675, TGT - 5645, 5575.

SL as per your appetite

NIFTY Views - for 23rd Aug 2012:

Nifty formed a Doji & then gave a Bullish confirmation breakout.

US market is Negative but our market has shown Bullish strength till yesterday. Today was a Profit booking Day !

 

60 Min chart giving 1st sign of Bearish Divergence, so be cautious BULL.

In Daily Time Frame: Up Trend

Bollinger:- Up Trend

RSI        :- Up Trend

 

In 60 min Time Frame: Trend changing to Bearish

Bollinger:- Up Trend

RSI        :- Divergence for Down Trend

 

BUY:  Dips @ 5404/ 5380, TGT 5440, 5490

SELL: Sell @ 5450/ 5460, TGT - 5405, 5380

HAPPY INDEPENDENCE DAY...