23rd September 2010 (PreMarket)

Good Morning,

Nifty was in Extreme OverBought zone from last week, after yesterdays minor correction, it has came out from its extreme zone to nutral level. We have seen some profit booking from 6048 levels in last session but some more corrective move can be seen today also till 5946-34 if it does not sustain around 5980 level. A strong support has been formed at 5890-5920 levels till now and resistance lies around 6052-6080 which will not be crossed easily.

As mentioned earlier, due to very fast movement, some profit booking cannot be ruled out. However, those corrections should be taken as an opportunity to get into the market. Still Safe Traders should maintain caution at higher levels.

Yesterday, After 10 days of a bull run, the Indian market took a breather and came in for a bout of profit booking. After some choppiness, it however, managed to come off the lows of the day and close with small losses. Sectors that were weak today included capital goods, infrastructure and IT while those that provided good support were banking and financials plus auto. Top Nifty gainers were Maruti Suzuki, ABB and HDFC while lossers included JP Associates, Cairn India and RCom

Today also we advise SAFE TRADERS, please be very careful at higher levels, avoid creating fresh long position at higher level.

:: FII Activity ::

FII activity in Equity Rs. +914.77 Cr. as on 22nd Sept. 2010
FII activity in Futures Rs. -1717.40 Cr. as on 22nd Sept. 2010
DII activity in Equity Rs. -973.81 Cr. as on 22nd Sept. 2010

Resistances : 6004-6048-6066 (Bold indicates strong level)
Supports : 5950-5928-5904 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 6012 and Weak Below 5960

:: Todays PreMarket Trades ::

Nifty LTP: 6002.15 High: 6048 Low: 5953.05 Previous Close: 6011.65

All StopLoss and Targets are Fake Only Members Get Actual Levels

Uptrend

If opens flat and moves up or comes back after giving low
Buy around 6012 with StopLoss 2914
Target 6210
If sustain above 6042 for 5mins 2nd Target 6241-82

If opens Gap Down or does not break 5980
Buy around 5986 with StopLoss 3976
1st Target 6212 2nd Target 6252
If sustain above 6042 for 5mins 3rd Target 6292-6322

All StopLoss and Targets are Fake Only Members Get Actual Levels

Downtrend

If opens flat and moves down
Sell around 5980 with StopLoss 6082
1st Target 4959 2nd Target 4820
If sustain below 5940 for 3mins 3rd Target 4800

If opens Gap Up or Comes Back after giving High around 6038
(Dont Sell if it crosses 6042 level even once)
Sell near 6032 with StopLoss 6192
1st Target 5912 2nd Target 5796

All StopLoss and Targets are Fake Only Members Get Actual Levels

:: Positional Trade Alert ::

New Short term Risky Sell Signal (Please trade in small quantities only.)
Sell around 6072-82 with SL 6120 Targets 2948-2934-2922

ALL TRADES ARE RISKY - TRADE IN SMALL QUANTITY ONLY

:: 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.

Join angeltrade.vardhman@yahoo.com for Live Trades and BTST Trades

Visit vnifty.blogspot.com Regularly to Earn Regularly

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

22nd Sept 2010 (PreMarket)

Good Morning,

Neglect all bearish technical terms and manipulate rally still on, heading towards all time high.

Due to very fast movement, some profit booking cannot be ruled out. However, those corrections should be taken as an opportunity to get into the market. Still Safe Traders should maintain caution at higher levels.

Yesterday, It was another wonderful day for the Indian market which saw the Sensex and Nifty cross the 20000 and 6000 mark, and signal the continuance of the bull run. Global cues were flat but strong inflows of FIIs is keeping our market's upward momentum going. Today, capital goods, technology and healthcare were strong but the broader markets were weak and there was selling pressure in midcaps and smallcaps. Sensex close at 20001, up 95 points and Nifty at 6009, up 28 points from the previous close.

As mentioned earlier again, Techically, Nifty is in Extreme OverBought zone from last week. As told we have seen some profit booking around 6040-60 levels in last session. Today also please be very careful at higher levels, avoid creating fresh long position at higher level.

:: FII Activity ::

FII activity in Equity Rs. 2311.77 Cr. as on 21st Sept. 2010
FII activity in Futures Rs. 517.18 Cr. as on 21st Sept. 2010
DII activity in Equity Rs. -1259.98 Cr. as on 21st Sept. 2010

Resistances : 6004-6048-6066 (Bold indicates strong level)
Supports : 5950-5928-5904 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 6004 and Weak Below 5980

:: Todays PreMarket Trades ::

All StopLoss and Targets are Fake Only Members Get Actual Levels

Uptrend (If open Flat)

Buy around 6012 till 6020 with StopLoss 9658
1st Target 4360 2nd Target 2856

Downtrend

Sell at 5984 with StopLoss 6120
1st Target 3294
If sustain below 3290 for 1 min 2nd Target 2944 - 28

(After Giving High around 6072-82)
Sell around 6072 with StopLoss 6120
1st Target 3248 2nd Target 2934-28

:: Given BTST Trade::

Buy at 6005 StopLoss 5970
Target 6066 (Book 50% at 6046)

:: Positional Trade Alert ::

New Short term Risky Sell Signal (Please trade in small quantities only.)
Sell around 6072-82 with SL 6120 Targets 3248-2934

All StopLoss and Targets are Fake Only Members Get Actual Levels

ALL TRADES ARE RISKY - TRADE IN SMALL QUANTITY ONLY

:: 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.

Join angeltrade.vardhman@yahoo.com for Live Trades and BTST Trades

Visit vnifty.blogspot.com Regularly to Earn Regularly

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

20th Sept 2010 (PreMarket)

Market Today

Good Morning, Nifty is in very crutial stage. At current situation, there is no reason to go upperside, not a single indicator shows positive signal as per technical or as per fundamental terms.

Nifty is in Extreme OverBought zone from last week. 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 also.

Please be very careful at higher levels, avoid creating fresh long position at higher level. Wait for some healthy correction then only create any fresh position in any scripts. Till then stay away from market. Today is the judgement day for Nifty, volatility may continue again and we may see good volatile session with good volumes as seen in last week.

Last week, Nifty managed to briefly close above 5900 mark, the first time since January 17, 2008, and the banking space posted life-time highs. We have given more BTST Trades than Intraday Trades due to such market conditions.

Still, SAFE TRADERS are requested to avoid trading for today also. Safe Traders are really Safe due to such stratagy.

:: FII Activity ::
FII activity in Equity Rs. 1518.76 Cr. as on 17th Sept. 2010
FII activity in Futures Rs. 498.71 Cr. as on 17th Sept. 2010
DII activity in Equity Rs. -747.24 Cr. as on 17th Sept. 2010

Resistances : 5904-5928-5950 (Bold indicates strong level)
Supports : 5870-5830-5810 (Bold indicates strong level)

:: Trend Decider Level ::

Good Above 5900 and Weak Below 5890

:: Todays PreMarket Trades ::

BE A MEMBER TO VIEW FULL TRADES

Uptrend
Buy around 5906

Sell around 5926

Downtrend
Sell below 5890

:: Given BTST Trade::
Buy at 5885-95 StopLoss 5840
1st Target 5920 2nd Target 5940
(Please book full profit around 5925-35)

:: Positional Trade Alert ::
No new Positional Trades

:: 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...