28-02-2012

NIFTY...HIGHER MARKET IN LINE WITH REST OF ASIAN MARKETS......it was expected after yesterdays figure of fii's in f&o where they bought around 1000 cr of nifty futures ,,which was hedge they did in last days but there yesterday cover of hedge in index futures shows that they feel this market has made base at 5325 nf low of monday..and market budget rally has started which will carry till budget.... today as we have gdp fig it will determine market on highs.....NOW FOR TODAY

5530 NF WILL ACT AS FIRST HURDLE OF BULLS....ON FALLS....5470 NF WILL ACT AS LAST HOPE SUPPORT OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS....WATCH

28-02-2011

nifty we are bookk full mininfty 5540 to 5280 enjoyyy ....................
todays levels 
sell below 5316---------5300 sl-5385
buy above 5407----tgt---5433 sl-5385

27-02-2011

Nifty has moved in our view and touched nearly the 5400 level on spot nifty.The 5400 level is critical for spot nifty so Mondays open will set the trend for the week.A weak opening below 5400 level will portend further weakness.If open gap up then we may see consolidation in range of 5425-5625.A retracement to 5525 level on spot will be ideal for nifty to gather strength.The ADX shows the positive and negative DI converging and the momentum slightly turning downwards which says to remain cautious.As we said no longs yet till we move above 5625.Hope readers must have profited from our view with 5400 level achieved.Nifty premiums are always high whenever roll-over starts for next series and beginning of fresh series.One can use the same for writing options and encash the time value if one is sure about the direction of Mr. Market.So next week can be interesting to build up positions for the series.Intraday Traders can look at the levels given below on spot nifty to trade on 27.02.2012.

TODAYS PERFOMANCE 24-02-2012

TODAYS PERFOMANCE

YESTER DAY TAKE LONG TERM SHORT 3 LOT TODAY BOOK ONE LOT @5480,5460 ONE SHORT STILL HOLD ...

TODAYS 5500 PE BUY @138 HITTTTTTTTTTTTT ALL TARGET 

NIFTY GIVE SELL BELOW 5460 SL 5480 STOP LOSS HIT

ANOTHER RISKY LEVEL IN NIFTY SPOT SELL 5485 TGT 5445 TARGETTT MEE NIFTY TOUCH LOW 5408............................

GET RICH SLOWLY/.......................................................

Market Observations ....END MARKET RALLY?

Market Observations

1. The most bearish thing a market can do is Go down…rest everything follows.
2. A big sell off does two things: A. It creates doubt in mind of traders; and B. It gives an opportunity to investors to buy at lower prices.
3. The debate that’s going to happen over next few days: How Big or the Shallow the pullback will be? At What level market is going to find support?
4. The near term support for Nifty stands at 5420-5430….which is 85 points from current levels.
5. FIIs continue to be bullish. Yesterday, they net bought Rs. 829 crores worth of stocks in cash market whereas DIIs net sold Rs. 1329 worth of stocks.
6. In Futures market – FIIs net sold Rs. 346 crores worth of Nifty futures and Rs. 696 crores worth of stock futures.
7. Most of the Global markets yesterday pulled back. Reason: There is no fresh catalyst for the market

8. The job of the market is to move from one worry to another. With Greece news out of the way: What is the next thing market can look for?
9. The Wall of Worry is now going to be centered around Economic Recovery in the world and the pace of the recovery. Geo-political risk and Crude prices may remain a joker in the pack.
10. Market may continue to rise Wall of Worry because the stock market remains “cheap” relative to the bond market. Ten-year Treasuries yield about 2%, while S&P 500 earnings yield about 7%. This is the main support for higher stock prices going forward.
11. Another Bullish argument: S&P 500 earnings have rebounded to above where they were in 2007, but the market is still about 10% below that peak.
12. What about Bearish argument?: It’s same old story. Sovereign Debt is a major issue and the problem has not been resolved. It’s only pushed down the road and will come back to haunt us.
13. Coming Back to India market: Nifty is down 1% for the week. So, much for weakness
14. NIFTY SELL BELOW 5525 TGT 5485
15. SGX Nifty suggests flat start for the day. But what is surprising hefty premium on March Futures. March Futures is trading with 55 point premium…..weird
16. Post expiry: Indian market will enter very news heavy month – Election results, Budget and Government action on Key reforms.
17. Yesterday, SBI took the biggest hit and was down more than 8%. SBI has a stiff resistance at 2500 and it can look for support around 200 dma i.e. 2020.
18. Most of the high beta names pulled back quite sharply yesterday and it was selling across the board.
19. Surprisingly Tech sector remained strong and TCS flirted with all time high at around 1250.
20. Keep an eye on stocks that have made life time highs recently. They might be great buys on declines.
21. Sectorally, the Bull market seems to be emerging in Power stocks. Adani Power and JSW Energy looks great on declines.
22. Trading is a business of probability and uncertainty
23. In Trading, you need to accept that you are dealing with chaos on day 2 day basis.
24. The only way you can be successful in the chaotic environment – look for small windows of opportunities that market throws up on consistent basis

24-02-2012 premarket levels

MARKETS FOR 24 FEB 2012     NIFTY CONTINUED WITH ITS CORRECTIVE MODE  BY MAKING A LOWER HIGH, LOWER LOW & LOWER CLOSING. AS WAS MENTIONED YESTERDAY, SPOT NIFTY COULD NOT SUSTAIN ABOVE THE CRITICAL LEVEL OF 5535 AND AFTER A SHORT COVERING BREACH  OF THE CRITICAL LEVEL OF 5535 TO REACH 5537, SPOT NIFTY CRASHED AGAIN TO MAKE A DAILY CLOSING OF 5483 JUST AT THE CRITICAL SUPPORT OF 5484 AS WAS MENTIONED YESTERDAY. THE BREACH OF 5490 TO 5484 SPOT ZONE INITIALLY SAW NIFTY CRASH TO A DAY LOW OF 5460 TO BOUNCE BACK TO A HIGH OF 5537 TO FALL AGAIN. SO, AS LONG AS SPOT NIFTY CONTINUES TO REMAIN BELOW 5540 TO 5545, RUTHLESS SHORTING BY THE INTRADAY TRADERS WITH A TIGHT STOP LOSS ABOVE 5550 TO REVERSE FOR GOING LONG SHOULD BE THE PROFITABLE ROUTINE OF EVERY INTRADAY TRADER HENCEFORTH. HOWEVER THIS DECLINE IS AN IDEAL LIFE TIME OPPORTUNITY FOR MEDIUM TO LONG TERM INVESTORS TO BUY AND ADD MORE LONG POSITIONS TO THEIR PORTFOLIO FOR GREAT GAINS IN NEAR FUTURE.

 

IM STILL SHORT IN NIFTY FUTURE 5540 STOP LOSS AND STOP AND REVERSE LEVELS IS (spot)5525

23/02/2011

NIFTY LONG TERM SHORT LEVL IS NIFTY SPOT BREAK 5486 THEN GO NIFTY SHORT ......

WE ARE TAKE LONG AS 4786 TO 5630 .  844 POINTS GET ............................NOW I HAVE NO POSTIONS IN NIFTY NOW WAITING FOR ROL OVER SETTEL MENT 

IM COME BACK IN TRADING

dear client dont wast your hard earned money in share market.........................................................................

todays levels sell below 5608 tgt-5693 target achived ........

get rich slowly today im trade one lot nifty..............