24th June 2010 (PreMarket)

:: Nifty Overall View::

Good Morning, Due to good volume in Nifty at the end, Technical and fundamental charts, which were showing downtrend signal just came out from its danger level. Today Nifty might open Flat and will Remain flat till 11:47. As told yesterday that there was a short term correction till 5290 (Nifty Low Yesterday 5396.10), that correction got over. We told that Nifty if holds 5286-68, again it may bounce back till 5400, today we see it to come. We still suggest you to avoid shorting in Gap Down Opening. Todays MARKET will be very Volatile Nifty may FALL sharply and will RECOVER Very sharply, be concious every moment.

Resistances : 5345-5374-5412
Supports : 5290-5272-5244

:: Trend Decider Level ::

Good Above 5330 and Weak Below 5308

:: Todays PreMarket Trades ::

Uptrend
Buy at 5330 with StopLoss 5306
1st Target 5348 2nd Target 5363
If sustain above 5274 for next 5-minutes than 3rd Target 5399-5412.

Downtrend
Sell Below 5294 with StopLoss 5306
1st Target 5272 2nd Target 5258
If sustain below 5254 for 2-minutes than 3rd Target 5240

Risky Trades
Sell at 5396 with StopLoss 5418 1st Target 5372

:: Be Alert ::
From the begining of June Expirty we expected near Nifty to close at 5374 level.
For Risky Traders, Short Term Positional Sell at 5418 with StopLoss 5458 is recommended in July Expiry.
Target 5358-5308.Target Achieved 5374 for Positional traders Entered Above/at 5034 Level with SL 4948 in June Expiry (Booked Profit 340 Points)

:: Some Important Points ::
The progress of the monsoon will be keenly watched.
Bulls expected to consolidate gains - Outlook still positive.
Liquidity is coming back in market; be stock specific.
Invest in Index Funds for Diversifying your Portfolio.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All our levels mentioned are of Future Nifty not Spot Nifty.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

23th June 2010 (AfterMarket)

:: Given Nifty Overall View::
Good Morning, Yesterday we gave a light signal for UpTrend, by saying that correction will be over yesterday itself and as far as Nifty hold 5286-68, again it may bounce back till 5400, and that’s why we suggested you to avoid shorting in Gap Down Opening.

Yesterday Given : MARKET may FALL sharply and will RECOVER Very sharply.

:: Given PreMarket Trades ::

Uptrend
Buy at 5310 with StopLoss 5276
1st Target 5330 (Achieved)
2nd Target 5353 (Nifty High 5344)

Downtrend
Sell Below 5264 with StopLoss 5276 (Not Came)

Risky Trades
Sell at 5296 with StopLoss 5318 (Nifty Low 5296.10)

At the End of the day we gave BTST Nifty for Target 5400+

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

23th June 2010

:: Nifty Overall View::
Good Morning, As mentioned earlier Nifty is in OverBought Zone. Due to very low volume in Nifty, Technical and fundamental charts are showing downtrend signal. Today Nifty might open Near our 3rd Target of Yesterday 5288. As told a short term correction may come till 5290, today that correction will be over so as far as Nifty hold 5286-68, again it may bounce back till 5400, and that’s why we also suggest you to avoid shorting in Gap Down Opening.

Yesterday Given : MARKET may FALL sharply and will RECOVER Very sharply.

Resistances : 5330-5345-5374
Supports : 5300-5272-5244

:: Trend Decider Level ::
Good Above 5310 and Weak Below 5272

:: Todays PreMarket Trades ::

Uptrend
Buy at 5310 with StopLoss 5276
1st Target 5330 2nd Target 5353

Downtrend
Sell Below 5264 with StopLoss 5276
1st Target 5248 2nd Target 5228
If sustain below 5224 for 2-minutes than 3rd Target 5210

Risky Trades
Sell at 5296 with StopLoss 5318
1st Target 5278 2nd Target 5254

:: Be Alert ::
For Risky Traders, Positional Sell at 5418 Level with StopLoss 5458 is recommended Target 5358-5308.
Target Achieved 5374 for Positional traders Entered Above/at 5034 Level with SL 4948 in June Expiry (Booked Profit 340 Points)

:: Some Important Points ::
The progress of the monsoon will be keenly watched.
Bulls expected to consolidate gains - Outlook still positive.
Liquidity is coming back in market; be stock specific.
Invest in Index Funds for Diversifying your Portfolio.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

22nd June 2010 (PreMarket)

:: Nifty Overall View::
Good Morning, Nifty faced difficuilty near Strong Resistance 5374. As posted yesterday if Nifty manage to trade and close above 5352 levels (Spot) then it is likely to test recent 7th April 2010 highs of 5400 levels. But As mentioned earlier Nifty is in OverBought Zone. Due to very low volume in Nifty, Technical and fundamental charts are showing downtrend signal. MARKET may FALL sharply and will RECOVER Very sharply.

Safe Traders are advised to avoid buying in Gap Up Opening, a short term correction may come till 5290. As far as Nifty hold 5286-68, again it may bounce back till 5400, and that’s why we also suggest you to avoid shorting in Gap Down Opening.

Resistances : 5345-5374-5399
Supports : 5330-5300-5272

:: Trend Decider Level :: 5350

:: Todays PreMarket Trades ::

Uptrend
Buy around 5356 with StopLoss 5338
1st Target 5376 2nd Target 5392

Downtrend
Sell Below 5332 with StopLoss 5356
1st Target 5318 2nd Target 5300
If sustain below 5300 for 2-minutes than 3rd Target 5288

Risky Trades
Sell at 5396 with StopLoss 5418
1st Target 5378 2nd Target 5354

:: Be Alert ::
For Risky Traders, Positional Sell at 5418 Level with StopLoss 5458 is recommended Target 5358-5308.
Target Achieved 5374 for Positional traders Entered Above/at 5034 Level with SL 4948 in June Expiry (Booked Profit 340 Points)

:: Some Important Points ::
The progress of the monsoon will be keenly watched.
Bulls expected to consolidate gains - Outlook still positive.
Liquidity is coming back in market; be stock specific.
Invest in Index Funds for Diversifying your Portfolio.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All PreMarket and Live Trades are for Intraday Trading only.

Let your friends and relatives also ENJOY our LIVE Trading
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...

21st June 2010 (MarketToday)

Good AfterNoon,
:: Market Today ::
Today Nifty opened Gap Up 64 Points at 5325. Its after the People's Bank of China signaled over the weekend that it would end the yuan's de-facto peg to the US dollar. Foreign funds have made heavy purchases of Indian stocks over the past few days. Most Indian firms have paid higher advance tax in Q1 June 2010 over Q1 June 2009. Higher advance tax payment normally indicates higher profits for the period under review.

On the upside, if Nifty manage to trade and close above 5352 levels (Spot) then it is likely to test recent 7th April 2010 highs of 5400 levels.

Today our Positional traders Entered Above/at 5034 Level for Target 5374 with SL 4948 in June Expiry, have booked full profit at 5374 (Todays High 5377.55)
Traders holding long positions can trail the stop loss to 5120 levels (revised yesterday) and trade with positive bias as long as markets hold 5120 levels.

Resistances : 5345-5374-5399 (Bold Indicates Strong Resistance)
Supports : 5330-5300-5272 (Bold Indicates Strong Support)

:: Trend Decider Levels ::
Above 5352 : Good and Below 5330 : Weak

:: Todays Live Trade :: (Only For Risky Traders)

Uptrend
Buy around 5278 StopLoss 5264
1st Target 5398 and 2nd Target 5412

Downtrend
Sell Below 5358 with StopLoss 5378
1st Target 5338 2nd Target 5312
if sustain below 5308 for 2-minutes than 3rd Target 5286

:: Be Alert ::
For Risky Traders, Sell at Higer Level with StopLoss 5418 is recommended.
Target Achieved for Positional traders Entered Above/at 5034 Level with SL 4948 in June Expiry

:: Some Important Points ::
The progress of the monsoon will be keenly watched.
Bulls expected to consolidate gains - Outlook still positive.
Liquidity is coming back in market; be stock specific.
Invest in Index Funds for Diversifying your Portfolio.
Gold - Up, Up and Away.

:: Remember Always ::
We suggest to keep at least 1% of its price as SL in All Equity Stocks.
All PreMarket and Live Trades are for Intraday Trading Only.

Let your friends and relatives also ENJOY our LIVE TRADING
Tell them to Join Us on YMessenger ID : angeltrade.vardhman

...WISHING YOU A VERY HAPPY TRADING...