Nifty Magic Levels For 1-6-10
NIFTY MAGIC LEVEL 1.6.10
MAGIC POINTS ARE 5084 and 5028
Resistance and supports are 5117.. and 4972
LVL 1)BUY NIFTY FUTURES ABOVE 5095.... S/L below 5075.. SELL BELOW 5073... S/L ABOVE 5093.
LVL 2) Buy NIFTY FUTURES ABOVE 5039 .S/L below . 5019... Sell below 5017... S/L above 5037......
LVL 3) BUY above 4983--S/L below 4963... SELL below 4961 .. S/L above 4981...
1st JUNE Pivots
4910<-->4941<-->4972<-- 5028---5084-->5117<--->5148
tommorrows view
NIFTY TRADING RANGE FOR 01/06/2010
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4977/5022/5066-5111/5133/5155
ASTRO VIEW POSITIVE OPENING AND CHOPPY.
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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.
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.
NIFTY MAJOR HURDLES IN THIS WEEK
>> Sunday, May 30, 2010
Nifty
>> Saturday, May 29, 2010
If nifty open gap down all will sell at some up move, but because of to make fool the traders, it will open flat negative & will give some up move, & we will wait to go more up for book profit in long, & it will not go. & till second half will not go more up & down. we will see real show after 2.00pm.
Read more...SPOT NIFTY LEVEL FOR 31-05-2010
Nifty Levels
Nifty Levels For Next Week
>> Friday, May 28, 2010
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. Our 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
Go long on GTLINFRA abv 37 for a big tgt
DONT MISS MICELEC
MIC electronics has announced that it would be investing 240 crores to enhance its production capacities.
MULTIBAGGER CALLS
>> Saturday, May 22, 2010
AS SAID WE HERE GIVING MULTIBAGGER CALLS
NIFTY WRAP UP
AS SAID ON MESSENGER FOR MY CLIENTS 2ndMAY2010 NIFTY DANCED TO OUR TUNES
T I L
>> Friday, May 21, 2010
Tube Investments of India Limited shows a very strong uptrend buy on every decline for tgt 121.5
Nifty levels (Next week trend)
New calls
>> Tuesday, May 18, 2010
sell JUNE SERIES SBIN & BANKNIFTY on every rise (2300 & 9700) for a tgt of 10-15%
Nifty Spot would bottom out near 4830(closing) or 4790(intraday)
Just last panic selling left out for creating panic & end of current fall / correction
TATASTEEL
POSITIONAL CALLS
>> Monday, May 17, 2010
- AREVAT&D abv 257 tgt 267,272,277
- BAJAJHIND abv 112 tgt 117,122
- BARTRONICS abv 149 tgt 155
- BINANICEM abv 79.5 tgt 81.5,84,88
- BOMDYEING abv 546 tgt 555,563,575
- DHAMPURSUG abv 61 tgt 64 66 68
- ESSAROIL abv 132 tgt 133.5,136,141
- PATELENG abv 436 tgt 441,444,449
- HDIL abv 260 tgt 266,271,277
STOCKS TO WATCH FOR DIS WEEK
>> Saturday, May 15, 2010
Tatasteel
Aban
BhartiAirtel
Idea
JPasso
Sunpharma
Educomp
NIFTY VIEW
As per Our View Nifty Trend is Weak Below 5040 It May Retest 4980,4940 EVEN 4888 BROKE 4700 POSSIBLE Only Abv 5130 it can Test 5170
Nifty 100 day EMA :: 5104
Nifty 200 day EMA :: 4888
If in a case nifty try to hit or come near 4980 and does not sustain below the same
on bounce back
MAY END NIFTY MAY CLOSE IN -VE
ON EVERY ALTERNATE YEAR IN MAY NIFTY IS CLOSED IN NEGATIVE CHECK THIS IMAGE