.

# NIFTY FUTURE for 2/2/2009 Updated.

2010-02-02T08:01:00.003+05:30

Taken a good support at the Trendline. Minor resistance seems at 4937 levels. Buy nifty above 4890 with a SL of 4800 , Targets 4937 / 5023 / 5085.

Funny Time

2010-01-08T08:09:00.002+05:30

# NIFTY FUTURE for 11/12/2009 Updated.

2009-12-11T08:17:00.002+05:30

Nifty moving within a Triangle. Triangle height 150 Points. If breaks 5150 on Upper side with volumes, then next target seems to be 5191 / 5232 / 5280. If breaks 5080 on downside with volumes then next target seems to be 4955 / 4930.

# NIFTY FUTURE for 7/12/2009 Updated.

2009-12-07T08:22:00.002+05:30

Nifty Future major resistance seems near 5201 - 5208 range, Today if breaks and closses above with volumes means then we will move to next upper targets 5277 / 5355. If close is below 5095 then only market will take a U-turn.

# NIFTY FUTURE for 4/12/2009 Updated.

2009-12-04T08:57:00.004+05:30

IF today's close is above 5200 then only we are heading towards 5277 / 5355. Else if today's close is blow 5095 then downside target is 4996 / 4950. Today's clos is crucial for market.

# NIFTY FUTURE for 2/12/2009 Updated.

2009-12-02T08:46:00.002+05:30

Yesterday Ondot we reached our target. For today if breaks 5139 next Major resistance seen at 5169. So we have to wait if breaks 5169 with volumes and holds for 5/10 min then BUY Nifty for next targets 5193 / 5220 / 5249 / 5275 / 5350.

# NIFTY FUTURE for 1/12/2009 Updated.

2009-12-01T08:05:00.003+05:30

Today if Nifty trades below 5005 for 5/10 min short nifty for a target of 4937 / 4905. SL- 5069. If trades above 5073 with volumes for 5/10 min , then targets are 5091 / 5108 / 5139.

# NIFTY FUTURE for 30/11/2009 Updated.

2009-11-29T21:45:00.003+05:30

BUY Nifty above 4930 for a target of 4995 / 5010 / 5042 / 5060 SL 4925. Minor resistance seems at 4995 range. Major Resistance seems near 5076 - 5091.

# NIFTY FUTURE for 24/11/2009 Updated.

2009-11-24T08:01:00.002+05:30

Nifty is moving up..up...up without giving any reversal signs, with less volumes. Now target seems to be 5168 on the higher side. If breaks 5168 and closses means then next target is 5317. Now stoploss for this long is 4980 on closing basis.But be cautious on your longs, use strict stoploss on your longs.

# NIFTY FUTURE for 11/11/2009 Updated.

2009-11-12T08:44:00.000+05:30

BUY Nifty for a target of 5045 / 5075 with Strict SL of 4980.

# NIFTY FUTURE for 10/11/2009 Updated.

2009-11-10T08:51:00.002+05:30

Stiff Resistance seen at 4982, if breaks and holds up for 5/10 min then next targets are 5020 / 5048 / 5075.

# NIFTY FUTURE for 6/11/2009 Updated.

2009-11-06T08:03:00.003+05:30

As said in my previous post its a dead cat bounce. Yesterday we moved up with a good volumes. If anybody long can book profit at 4850 levels. We may see stiff resistance at 4863. If breaks up with volumes and holds for 5/10 min then next target is 4918 - 4925 range.

Negative divergence seen in 5 min Chart, so with minimum risk ( 13 Points ) one can short near 4850 range with strict SL as 4863.

Our downside target 4400 is Intact.

# NIFTY FUTURE for 3/11/2009 Updated.

2009-11-03T08:58:00.002+05:30

After a huge fall we may see a Dead Cat bounce today since all the indicators are showing oversold levels. Upto 4800 levels we may see a bounce. Try to exit longs, no fresh longs here. One can build positional shorts at higher levels. Our target 4400 is still Intact.

# NIFTY FUTURE for 28/10/2009 Updated.

2009-10-28T08:17:00.001+05:30

Decesive break below 4815 will further move down to 4783 / 4768 / 4722. But Positive divergence on cards, so at any suuport level Nifty can take a " U - Turn ".

# NIFTY FUTURE for 27/10/2009 Updated.

2009-10-27T09:26:00.002+05:30

Today if Nifty breaks 4965 next support at 4938 and 4920. But Positive divergence seen on cards in 1 hour chart, so sharp reversal ( Upwards ) may happen at supports. Do be carefull on your shorts.

# NIFTY FUTURE for 26/10/2009 Updated.

2009-10-26T08:54:00.002+05:30

Above 5053 market is Bullish.

Below 4970 maeket is Bearish. We have to wait and watch today.

# NIFTY FUTURE for 23/10/2009 Updated.

2009-10-23T09:08:00.004+05:30

Today above 5020 can go long for a target of 5070 / 5090 sl 4972. If today’s close is below 4970 absolute weakness for Nifty. If today it closes below 4970 means next target is 4400.

Be carefull on your longs.

A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 22/10/2009 Updated.

2009-10-22T08:16:00.002+05:30

Nifty EOD Chart.

Yesterday Nifty has taken a good support at trendline. Today if breaks 5055 then watch panic selling upto 5020.

Be carefull on your Longs.

# NIFTY FUTURE for 16/10/2009 Updated.

2009-10-16T09:05:00.001+05:30

Nifty Future EOD Chart.

Today 5145 will act as major resistance. Negative divergence seen. If breaks this with volumes
and trades above this level for 5/10 min then next target is 5174 / 5192.
Be carefull on your longs.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 15/10/2009 Updated.

2009-10-15T09:15:00.001+05:30

Nifty Future EOD Chart.

Today 5178 – 5180 will act as major resistance. Negative divergence seen.
Be carefull on your longs.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 12/10/2009 Updated.

2009-10-12T09:34:00.002+05:30

Nifty Future Hourly Chart.

Today above 4966 go long for a target of 5000 / 5020 / 5045, Strict SL – 4923.
If open , High same wait to take long position, until it cuts High.

If breaks 5160 on upper side and closes with volumes means then next target will be 5557.

Major Support, Watch 4905 on Closing basis.If close below this then sqoff all longs, Watch panic selling upto 4350.

A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade

# NIFTY FUTURE for 9/10/2009 Updated.

2009-10-09T09:46:00.002+05:30

Nifty Future EOD Chart.

Yesterday it was a harami bar.
Today above 5053 go long for a target of 5070 / 5080 / 5046 / 5088, SL – 5026.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
Major Support, Watch 4967 on Closing basis.If close below this then sqoff all longs.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade.

# NIFTY FUTURE for 8/10/2009 Updated.

2009-10-08T09:25:00.002+05:30

Nifty Future EOD Chart.

Today market will dance to Reliance Tune (1 : 1 Bonus Given, Positive Trigger for Market). Yesterday Perfect support taken at 4967 ( Major Support ) Levels and closed above it.

Today above 4991 go long for a target of 5022 / 5035 / 5046 / 5063 / 5072, SL – 4963.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.

A raising wedge pattern seen in EOD chart, but still Bulls are not giving up. Don’t get trapped on the higher side, Use strict SL in your Trade

# NIFTY FUTURE for 7/10/2009 Updated.

2009-10-07T09:39:00.002+05:30

Nifty Future EOD Chart.

For today above 5047 ( if holds for 5/10 min ) go long for a target of 5062 / 5089 / 5115 /
5130 .Sl – 5024.

5160 Major Resistance.

If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in EOD chart, but still Bulls are not giving up.Dont get trapped on the hogher side, Use strict SL in your Trade.

# NIFTY FUTURE for 6/10/2009 Updated

2009-10-06T09:57:00.002+05:30

Nifty Future EOD Chart.

For today above 5020 ( if holds for 5/10 min ) go long for a target of 5040 / 5152 / 5133.Sl – 4995. Below 4982 panic selling can be seen.
If breaks 5160 on upper side and closes with volumes means then next target will be 5557.
A raising wedge pattern seen in hourly chart, but still Bulls are not giving up.