The Nifty opened and traded higher post the outcome of the RBI policy, it dropped a good 75 points in 45 minutes and then started to consolidate between 5,590 - 5,615. The Nifty has clearly broken down from the range it was in for many days however to initiate fresh shorts towards the end of the day would be risky as it has already fallen a lot and is close to support levels at 5,550 - 5,600.
Nifty Future has broken down its ongoing consolidation and closed below its most crucial support level of 5,630. It closed at 5,628 with a big...
Wednesday, 31 October 2012
Monday, 29 October 2012
Nifty News Today 29 Oct. 2012
The Nifty has immediate support placed at 5,630 - 5,620 levels and a break below 5,630 is likely to make the correction a bit deeper to levels of 5,550 - 5,540. In the last trading session of the week Nifty managed to take resistance of its 9 and 26 period moving averages, trading above its moving averages and resistance level of 5,760 may take Nifty till 5,800 marks.
The Nifty has immediate support placed at 5,630 - 5,620 levels and a break below 5,630 is likely to make the correction a bit deeper to levels...
Tuesday, 16 October 2012
Nifty Market Outlook for 17 oct. 12
Nifty on corrective path
Indian shares closed flat to higher on Monday after recouping losses in afternoon trade following positiveEuropean cues. Nifty went closer to 5700 level with the index hitting an intraday high of 5,693.70, before closing with gains of 11.20 points at 5,687.25. The much awaited inflation came in at 7.81 percent for the September, which was slightly higher compared to 7.55 percent in August due to hike in...
Tuesday, 9 October 2012
Stock Tips & Nifty Tips For 9th Oct
The Sensex fell by over 229 points to close at 18,708.98 and Nifty closed at Rs 5676, fall down by 70.95 points from its previous closing.
Nifty Tips For 9th Oct 2012
Support1 = 5669 Support2 = 5641 Support3 = 5588
Resistance1 = 5750 Resistance2 = 5803 Resistance3 = 5831
BankNifty Support and TheRresistance Levels
Pivot Level = 11468
Support1 = 11351 Support2 = 11284 Support3 = 11168
Resistance1 = 11534 Resistance2 = 11650 Resistance3 = 11717
Stock Tips For Today 9 Oct 12
BUY Bharti Airtel Ltd. Med Term Target 350...
Monday, 8 October 2012
Today's Nifty Future and option tips
The Indian market closed on negative side. Sensex closed at Rs 18,938 down 120 points from its previous closing and the Nifty ended at Rs 5,743.90, down 43.70 points or 0.76 percent.
Nifty Gainers were TATA MOTORS HIND UNI LT MAH & MAH ONG CORP LTD LARSEN & TOU HINDALCO IN RELIANCE SIEMENS COAL INDIA GAIL
Nifty Losers were HOUS DEV FIN H C L TECH REL INFRA WIPRO LTD SUN PHARMA TATA COM LTD LUPIN LTD inf SESA GOA LTD PUNJAB NATBK
Bearish Intraday Stocks 8 Oct 12
GRAVITA RUCHISOYA DISHTV BERGEPAINT MOTHERSUMI JSWISPAT...
Saturday, 6 October 2012
Todays Update : Nifty is likely to correct
Indian
shares snapped four-day winning streak Friday owing to profit booking. The
index had gained 79 points in early trade following Cabinet’s approval to 49%
FDI in insurance and pension. Meanwhile, the NSE Nifty, which plunged 899
points intraday due to freak trade by brokerage house, declined 40.65points to
end at 5,746.95. The index touched a low of 4,888.20 today due to faulty order
punched by adealer of Emkay Shares and Stock Brokers while...
Friday, 5 October 2012
Todays Nifty Future and Option Tips
NIFTY Futures Tips
The NIFTY is the most liquid Futures instrument traded on the Indian Bourses. It is suitable for trading for the Retail as well as the HNI traders. This segment also includes calls on the Bank NIFTY.This is primarily an Intraday product is designed to capture Intraday swings in the NIFTY the BANK NIFTY A FREE TRIAL of two days is given so that Traders can verify the facts for themselves.
Product contents:
15-20 NIFTY FUTURE Tips per calendar month are given in the NIFTY Futures or BANK NIFTY Futures.
The NIFTY...
Wednesday, 3 October 2012
Nifty has formed a “rectangular pattern” suggesting uptrend
Nifty closed above the 5700 level for the second consecutive session on Monday, supported by positive
European cues and appreciation in Indian rupee. Overall it was a day of consolidation for the market
after it had rallied 1 percent on Friday and 8 percent in September on strong inflow of foreign money.
Nifty is currently trading in range of 50 points in between 5,700-5,750, exhibiting rectangular pattern,
trading within with support at 5,520 and resistance at 5,760.. On upside if level of 5,760 breaches
decisively then we could see rise...
