16th Sept 2010 (PreMarket)

Market Today

Good Morning, Nifty is now looking more and more volatile everyday. Its very crutial stage as there is no reason to go upperside. We dont see any technical reason for further upmove. Fundamentally also it is not looking to go more upperside than 5950 level. As mentioned earlier, please be very careful at higher levels, avoid creating fresh long position at higher level.

Yesterday, We have not given any trades. It was a perfect positive day for Nifty which showed good performance and closed with good gains. Global cues were quite flat but strong domestic cues, like good IIP and inflation data, have kept the upward momentum in our market going. Today too, the largecap stocks outperformed the smallcaps and midcaps and sectors like oil & gas, metals, technology posted good gains. FII played a very significant roll today with more than 2200 Cr. buying in equity.

Today is the judgement day for Nifty, again we may see a volatile session as seen in last 2-3 days with good volumes. Technically, Nifty is in OverBought zone from 9th Sept. 2010, Thursday. We may see some corrective move if it does not sustain at closing basis above 5950 level in coming sessions. We may wittness this correction till 5670 level anytime. A support has been formed at 5710 to 5724 levels till now and resistance lies around 5890-5920 which will not be crossed easily. We may find some profit booking around 5900-20 levels in todays session.

Still, SAFE TRADERS are requested to avoid trading for today, also.

:: FII Activity :: Once again REMARKABLE
FII activity in Equity Rs. 2214.99 Cr. as on 13th Sept. 2010
FII activity in Futures Rs. 63.22 Cr. as on 13th Sept. 2010
DII activity in Equity Rs. -909.96 Cr. as on 13th Sept. 2010

Resistances : 5870-5904-5922 (Bold indicates strong level)
Supports : 5830-5790-5760 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 5864 and Weak Below 5834

:: Todays Market Trades ::

Uptrend
Buy around 5872 with StopLoss 5***
1st Target 5*** 2nd Target 5***
If it sustain above 5*** for 1-min ***

Downtrend
Sell below 5830 with StopLoss 5***
Target 5***

If comes down after giving high above 5916
Sell around 5*** with StopLoss 5***
1st Target 5*** 2nd Target 5***
Than Follow Downtrend

:: Given BTST Trade::

Buy at 5862-52 StopLoss 5830
1st Target 5*** 2nd Target 5***
(Please book full profit around 5***)

:: Positional Trade Alert ::
Given BTST in Nifty at 5810 for Target 5870 with StopLoss 5795
(Achieved)

:: 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.

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

14th Sept 2010 (PreMarket)

Market Today

Good Morning, Nifty is now in very crutial stage. Please be very careful at higher levels, atleast avoid creating fresh long position at higher level from now. Also we suggest to Wait for fresh short position, ONLY after conformation.

Yesterday, was a great start to the week for the our market which witnessed a runaway rally till 5777, with the banking space posting life-time highs. In keeping with positive global sentiments, Largecap stocks outperformed the smallcap sector. Real estate and metals too showed strength but the telecom sector was weak.

Today also we may see a very volatile session as seen in last 2-3 sessions with good volumes. Technically, Nifty is in OverBought zone from Thursday, it can correct till 5650-5680 levels anytime. We see a very good support formed at 5700-5710 levels till now and resistance still lies around 5790 which will be crossed today in early session. Further we may find some profit booking around 5830-40 levels. More higher side we may see around 5870-98 in coming session.

SAFE TRADERS Please avoid trading for today.

:: FII Activity :: REMARKABLE
FII activity in Equity Rs. 2519.88 Cr. as on 13th Sept. 2010
FII activity in Futures Rs. 25.38 Cr. as on 13th Sept. 2010
DII activity in Equity Rs. -960.81 Cr. as on 13th Sept. 2010

Resistances : 5788-5810-5832 (Bold indicates strong level)
Supports : 5748-5734-5710 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 5764 and Weak Below 5748

:: Todays Market Trades :: (All trades are Risky Trades)

Uptrend
Buy around 5766 with StopLoss 5***
1st Target 5*** 2nd Target 5***
if it sustain above 5*** for 1-min 3rd Target 5***

If open Gap Up
Buy at 5800 with StopLoss 5**0
1st Target 5**0 2nd Target 5**8

Downtrend
Sell below 5736 with StopLoss 5***
1st Target 5***

If it crosses 5838 and does not crosses 5**8
Sell around 5**8 with StopLoss 5**8
1st Target 5**8 2nd Target 5**0

:: Positional Trade Alert ::
Given Sell Nifty around 5636-50 for Target 5560-5554 with StopLoss 5700
(SL HIT)

:: 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.

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

13th Sept 2010 (PreMarket)

Market Today

Good Morning, Nifty may open some gap up around 5630-40. As told in earlier post it seems a range bound between 5540-5640, we dont see much higher side. All the major stocks are now into neutral zone. Techically, we dont see any major up move now, we may see todays market coming down from 5650 levels.

Banking stocks were clearly very positive on Thursday, however oil & gas, healthcare and FMCG stocks witnessed slight selling pressure. Market breadth was positive. Now today there are no such moves seen from techical view.

Kindly, SAFE TRADERS avoid trading for today.

:: FII Activity ::
FII activity in Equity Rs. 987.99 Cr. as on 9th Sept. 2010
FII activity in Futures Rs. 212.17 Cr. as on 9th Sept. 2010
DII activity in Equity Rs. -201.53 Cr. as on 9th Sept. 2010

Resistances : 5632-5650-5686-5712 (Bold indicates strong level)
Supports : 5610-5594-5570-5554 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 5650 and Weak Below 5610

:: Todays Market Trades ::

:: Special Trades for Opening Bell ::

If Gap Up Open
Sell around 5642-50 with StopLoss 5***
1st Target 5*** 2nd Target 5***

If Gap Down Open
Buy around 5594 with StopLoss 5***
1st Target 5*** 2nd Target 5***

:: New Positional Trade Alert ::
Given Sell Nifty around 5636-50 for Target 5***-5*** with StopLoss 5***
On Thursday we triggred this trade.
Nifty Actual High 5640+ and Closed at 5631.

:: 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.

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