Broader view....

Nifty.....weekly close seems below 5700......

Broader view...

Nifty...bounce and falls are as expected.....see thjis weekly chart....earler I have posted it....now weekly close above 5700 will take it to 5900 again...but if fails then lates low will break...lets see.....have a patience.....my tgt is lower than earlier projection.....now much below than 5050...its 4700 now....will keep track for that...

Hurdle ahead

Though nifty closed above 5540..its a minor..just 5 points above that....and 5565/5600 was selling area in recent sessions....so 5565/5605 most crucial.....sell on rise..and carry shorts only if closed below 5480....else trade for a day...like yesterday....

Nifty.....5540 resistnace

See as said above 5470....another strong rally....now watch 5540...close above this level will give another 100 points at least...but chances are remote...selling will start again at this level.....

Follow up buying required....

As said major resistance around....market open with gap up and resistance crossed at opening itself......and seen the effect....now follow up buying required....Nifty must trade above 5470 for further rally.....on downside earlier resistance will act as a support...around 5330....

Nifty ...major resistance

Nifty major resistance around 5330





see here similar patter..

Broader view

see downtrend continued
those are daily charts




this is weekly chart
major trendline broken

NIFTY towards 4700

Nifty towards 4700 now......see why i was shouting for 5328..as it breaks ..in a few minutes there is fall of 133 points in nifty.......now journey towards 4700...lets see....

Broader view

See journey as said on 7th april......tgt 5050 intact.....now seems more downside....will update about that

IN BROADER VIEW.......1ST TGT DONE

See as shown on chart and said on 7 April.1st tgt --5770...hits 5778-- done...now weekly close below 5720 will drag it down more with more speed....lets see

IN BROADER VIEW......

The next journey of nifty.....if 5965/6035 not cross decesively ..means 2/3 sessions above this level.....then nifty will show the prices shown on charts.....and final destination will be 5050.....time frame..have to see for that...

INTRADAY UPDATES FOR 31 MAR 2011

8th day form 5349 and 34 from 5177....rally mature to fall now....
NIFTY ..there are reversal signals.......1st tgt 5690

For 29 Mar 2011

See it is ....where to go now......5800/5900 in a weak..but before that 100/150 points fall expected....highly overbought...lets see

For 28 Mar 2011

Here is weekly chart of nifty....above 5565 another round of rally....else......

INTRADAY UPDATES FOR 22 NAR 2011

Nifty..weekly close not above 5415 then 5300 to break

INTRADAY UPDATES FOR 17 MAR 2011

NIFTY SPOT LIKELY TO BREAK MUCH AWAITED 5400 LEVEL SOON......

INTRADAY UPDATES FOR 15 MAR 2011

BUY 5200 PE AT 46..AND CARRY IT TILL EXPIRY...SL...20 OR WILL UPDATE...

INTRADAY UPDATE FOR 28 FEB 2011

ALERT.......TRADING BELOW 5316 IN NEXT 10 MINUTES WILL TAKE TO 5230

ALERT...nifty cpot ...closing below 5399 will continue its down journey....

HIGH RISK CALL.......buy 5000 pe at 40..sl....20....tgt....90/150/more........

ALERT.....nifty spot if trade firmly abovre 5399 and close above it then its sign of reversal....

FOR 28/02/2011

On closing basis nifty spot has to protect 5265.....if breaks then 5177 major point...below that 5080 last hope.......if that breaks too then only 4800 will be stoping point...that too in mesium term....
Nifty spot towards 3800....lets see...will update about that later....

INTRADAY UPDATES FOR 25 FEB 2011

AWAITED 5230 CAME...NOW 5080 IN MARCH SERIES ITSELF....YES....IF NOT CLOSED ABOVE 5420 ON WEEKLY BASIS...LETS SEE...WILL SEE IT IN COMING WEEKS

INTRADAY UPDATES FOR 22 FEB 2011

buy 5300 pe at 7..sl...0.....tgt..30/45

SELL 5500 CE AT 30....SL..45...TGT...0

INTRADAY UPDATES FOR 18 FEB 2011

r capppppppppppppppp....what is bad......just see.....


ALERT....nifty spot...closint below 5523 ..sign of momentum getting weak....closing below 5508..sign of reversal....

INTRADAY UPDATES FOR 17 FEB 2011

NIFTY spot 5467 imp..break will take it down to 5455/5408/5399

INTRADAY UPDATES FOR 16 FEB 2011

ALERT.....5500 ce getting written off.........

For 15 Feb 2011

POSSIBILITIES.....
In all charts shown below shows 5545/5565 major hurdle.....on daily chart there is channel resistance at 5480 level....on one chart there 5465 shows hurdle....
So max it can go upto 5480 crossing it will take to 5545/5565....






this one is more interesting.......

INTRADAY UPDATES FOR 11 FEB 2011

5200 ce written off heavily...if rallied few points it will not sustain......very dangerous.......5080 CRUCIAL......if breaks then 4800....

see what we said.....

On 4 Feb ..we had written ..nifty heading towards 5100....it hits 5226.....still downfal not over....watch for another 100 150 points.....5080 imp...keep this sl and start buying for rally of 300/400 ponts.....do it with patience.....

INTRADAY UPDATE FOR 04 FEB 2011

y'day I said watch 5565....it hits 5556......now another down leg might started.....tgt....5100...today close imp.....


5500 ce getting write off heavily........OI from 47lk to 53lk....danger....


5500 CE OI...added nearly 14 lk in last 2 hours......DANGER SIGN..5100 ON CARD IN SHORT TERM.........

For 3 Feb 2011

nifty spot 5412 is crucial.......that must be sl for long......intraday.....

For 01 Feb 2011

Here are three charts showing fibo retracement......from 6337 to 5416....from 6178 to 5416 and from 5800 to 5416....one may trade for such tgts step by step..sl for long 5416 or in deep 5350....

For 18 Jan 2011

Here are two charts of NIFTY SPOT....daily and weekly chart shows crucial support at 5605/5590 level...if it protects then raly towards 5870/5940 possible for very short term.....

INTRADAY UPDATES FOR 13 JAN 2011

Nifty spot......cmp..5767....5747 crucial......


Nifty spot low 5744.35.....now eavy short covering today tooooooooooooooooo......lets see .....

INTRADAY UPDATES FOR 13 JAN 2011

Nifty spot......cmp..5767....5747 crucial......

ALERT

bad news expected...book long or strict SL..

INTRADAY UPDATES FOR 12 JAN 2011

Nifty spot .....5715 imp..below that 5698/5690.....very crucial support and trend decider of market......
Nifty spot ....heading towards either 5400 or 6100......lets see

Intraday updates for 11 Jan 2011

For positional......go long in nifty.......sl 5755 spot.....tgt ...


For positional call...sl hit..now again buy with sl spot 5690..smp spot 5722

INTRADAY UPDATES FOR 10 JAN 2011

Nifty spot...bounced to 5897 only....not crossed 5900 as suspected.....now see 5795 as crucial point....below witch 5745/5720 very imp level...break will take Nifty spot towards 5400.....

For 10 Jan 2011

Nobody dared to say 100 points fall after breaking 6035...we predicted it well in advance...

Now what.....keep sl at 5830 on NIFTY SPOT and go long....if today close above 5900 then carry it....else tommorrow fresh look...

INTRADAY UPDATES FOR 05 JAN 2011

NIFTY SPOT ....6035 imp..if breaks then 100 points more downside expected.....