NIFTY TODAY: EPISODE 249

                                           NIFTY TREND FOR 22-03-2013



MAJOR RESISTANCE LEVELS: 5722-5794-5835
MAJOR SUPPORT LEVELS       : 5626-5585-5515



Indian markets traded in positive range till noon. After that, it came to negative zone. Nifty lost 36 points on Thursday. RELINFRA and JPASSOCIAT were the NSE top losers which decreased more than 6%. But, BHARTIAIRTEL could gain 6.05% yesterday.



Nifty (closing): 5658.75


Nifty closed in neutral zone. It may move any side. So, long and short positions should be taken carefully. Nifty may get good support at 5625-5640 range.


MACD and Stochastic show negative trend. RSI indicates neutral trend. Middle Bollinger Band is at 5811 and Lower Bollinger Band at 5641.


All the major global indices closed in red last day. Brent Crude prices decreased remarkably. Rupees got strength against Dollar slightly.


India VIX closed at 16.51 with 0.90% decrease.


GOOD LUCK......................

NIFTY TODAY: EPISODE 248

                                          NIFTY TREND FOR 21-03-2013

MAJOR RESISTANCE LEVELS: 5726-5767-5792

MAJOR SUPPORT LEVELS       : 5677-5651-5613

Indian markets closed with loss yesterday due to instability in central government. DMK, one of the ruling alliance party withdrew it's support to UPA government. Nifty lost 52 points (0.90%) on Wednesday. RELINFRA was the biggest loser in NSE and it lost a remarkable rate at 8.91%. But, HINDUNLVR increased 3.58% .

Nifty (closing): 5694.40

Nifty closed at a neutral status yesterday. There is chance for buying as the part of correction. Anyway, Nifty may get good support at 5660-5675 level.

MACD and Stochastic show bearish trend, while, RSI depicts neutral trend. Nifty came close to Lower Bollinger Band level, 5663 last day. Middle Bollinger Band is at 5821.

Global markets showed a positive trend last day except Indian markets and FTSE 100 ( it closed with slight loss). Brent Crude prices decreased. Rupees closed steadily against Dollars. 

India VIX closed at 16.66 with trivial loss of 0.30%.

GOOD LUCK...........

NIFTY TODAY: EPISODE 247

                                           NIFTY TREND FOR 20-03-2013

MAJOR RESISTANCE LEVELS: 5826-5915-5969

MAJOR SUPPORT LEVELS       : 5702-5645-5559

Indian markets showed a blood bath yesterday. Nifty lost 89 points (1.53%) on Tuesday. BHEL was the NSE top loser which lost 5.06% last day.

Nifty (closing): 5745.95

Nifty closed at neutral zone yesterday. Both long and short positions should be taken very carefully. Most probably, there is a chance for positive closing today.

MACD turned from bullish to neutral trend. RSI also reveals neutral trend. Stochastic indicates bearish trend. Upper Bollinger Band is at 5987, Middle Bollinger Band at 5832 and Lower Bollinger Band is at 5677.

US markets closed in positive zone on Tuesday. European and Asian markets closed in mixed trend. Brent Crude prices decreased remarkably. Rupees lost strength against Dollars.

India VIX closed at 16.71 with 5.43% increase.

GOOD LUCK.....................

NIFTY TODAY: EPISODE 246

                                             NIFTY TREND FOR 19-03-2013

MAJOR RESISTANCE LEVELS: 5846-5866-5885

MAJOR SUPPORT LEVELS       : 5826-5804-5787

Indian markets traded in negative zone all the trading hours last day. Nifty lost 37 points on Monday. COALINDIA was the NSE top loser which decreased 5.72%.

Nifty (closing): 5835.25

Nifty closed yesterday at a neutral zone. Both long and short positions should be taken very carefully today.

When MACD indicates a bullish market, Stochastic depicts a bearish market. RSI shows a neutral trend for Nifty. Upper Bollinger Band is at 5999 and Middle Bollinger Band at 5841. Nifty closed below it's Middle Bollinger Band level last day.

Brent Crude prices decreased. Rupees lost strength against Dollars yesterday. European and US markets closed in red last trading session. But, Asian markets opened and is trading in green right now.

India VIX closed at 15.85 with 4.55% increase.

GOOD LUCK........................

NIFTY TODAY: EPISODE 245

                                       NIFTY TREND FOR 18-03-2013

MAJOR RESISTANCE LEVELS: 5919-5975-6007

MAJOR SUPPORT LEVELS       : 5850-5815-5762

Nifty lost 36 points (0.62%) on Friday. But, PHARMA stocks gained in their prices.

Nifty (closing): 5872.60

Nifty is making irregular movements these days. Both long and short positions should be taken very carefully.

MACD indicates a bullish trend, while RSI and Stochastic charts show a neutral trend for Nifty. Upper Bollinger Band is at 6004 and Middle Bollinger at 5846.

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Asian markets showed a mixed trend on Friday. But, European and US markets closed in red last trading session. Brent Crude prices increased. Rupees could not get strength against Dollars.

India VIX closed at 15.16 with 3.41% increase.

GOOD LUCK.............

INTRADAY TIP

BUY NIFTY FUTURES @ CMP 5933

TARGETS: 5955-5989-5-6023

STOP LOSS: 5901

NIFTY TODAY: EPISODE 244

                                              NIFTY TODAY: EPISODE 244

MAJOR RESISTANCE LEVELS: 5851-5999-6081

MAJOR SUPPORT LEVELS       : 5835-5752-5707

Indian markets closed with gains yesterday. Nifty gained 58 points ( 0.99%) on Thursday.

Nifty (closing): 5908395

Nifty closed at a neutral zone last day. It may move at any direction. But, it will be in green at opening. Both long and short positions should be taken carefully.

MACD indicates bullish trend. RSI and Stochastic depict a neutral trend. Upper Bollinger Band is at 6008 and Middle Bollinger Band at 5850.

Asian and European markets closed positively last day. Asian markets are trading with gains right now. Brent Crude prices increased slightly. Rupees lost it's strength against Dollars.

India VIX closed at 14.66 with 1.54 point (9.51%) gain.

GOOD LUCK.................

NIFTY TODAY: EPISODE 243

                                          NIFTY TREND FOR 14-03-2013

MAJOR RESISTANCE LEVELS: 5877-5910-5931

Indian markets were closed in red yesterday. Nifty lost 63 points (1.06%) last day.

Nifty (closing): 5851.20

Nifty closed at neutral zone on Wednesday. Both long and short positions should be taken carefully today. Most probably, Nifty may close steadily today.

MACD and Stochastic depict bearish trend. RSI still indicates neutral trend. Upper Bollinger Band at 6006, while, Middle Bollinger Band at 5848.

Global markets closed with a steady and mixed trend. Dow Jones has made new record in it's index today too. Brent Crude prices decreased remarkably for last 24 hours. Rupees lost strength against Dollars.

India VIX closed at 16.20 with 1.07 point (7.07%) gain.

GOOD LUCK......................

NIFTY TODAY: EPISODE 242

                                            NIFTY TREND FOR 13-03-2013

MAJOR RESISTANCE LEVELS: 5941-5974-6001

MAJOR SUPPORT LEVELS       : 5895-5868-5835

Indian markets showed bearish trend yesterday. Nifty also lost 28 points at closing just as we predicted early (REF; NIFTY TODAY: EPISODE 241).

Nifty (closing): 5914.10

Nifty closed at Neutral zone on Monday. Both long and short positions should be taken very carefully today. Nifty may get proper Resistance at 5941-5955 level.

MACD indicates bearish trend, while, RSI and Stochastic show neutral trend. Besides, Moving Averages depicts neutral trend on long term basis. Upper Bollinger Band is at 6013 and Middle Bollinger Band at 5851.

Asian and European markets showed steady and mixed trend. US markets also depicts same trend right now. Brent Crude prices increased slightly. Rupees gained strength against Dollars.

India VIX closed at 15.13 with 6.18% increase.

GOOD LUCK......................

NIFTY TODAY: EPISODE 241

                                             NIFTY TREND FOR 12-03-2013



MAJOR RESISTANCE LEVELS: 5962-5985-6004
MAJOR SUPPORT LEVELS       : 5932-5913-5888


Indian markets moved up and down so many times. Nifty closed steadily with the loss of 3 points. But, SIEMENS increased 4.78% and became Top NSE Gainer yesterday. Our INTRADAY TIP achieved first target last day.


Nifty (closing): 5942.35



Nifty closed at bearish zone on Monday. Long positions should be taken carefully.


MACD and Stochastics show bullish trend. But, RSI indicates a neutral trend.Moving Averages also depicts neutral trend. Another important thing is that there is a doji formed on the Candlestick Pattern. But, Nifty may touch Upper Bollinger Band level today, although it may come lower today. Upper Bollinger Band stands at 6012 and Middle Bollinger Band at 5848.



European markets were closed in mixed trend with mild changes. US markets closed at slightly positive zone. Asian markets are being traded like closing of US markets ( slight positive). Brent Crude prices decreased remarkably. But, Indian Rupees could not be strength against US Dollars.


India VIX closed at 14.25 with 6.82% increase.



GOOD LUCK...............

INTRADAY TIP

      

BUY NIFTY FUTURES @ CMP 5958

TARGETS: 5980-6012-6040

STOP LOSS: 5927

GOOD LUCK................

NIFTY TODAY: EPISODE 240

                                             NIFTY TREND FOR 11-03-2013

MAJOR RESISTANCE LEVELS: 5967-5993-6038

MAJOR SUPPORT LEVELS       : 5907-5863-5834

We are proudly declares that Nifty has hit our Middle Term Target ( 5904-5934) on 4th trading day on Friday. It was given on 5th March ( REFERENCE: NIFTY TODAY: EPISODE 237) when Nifty closed at 5784. 

Indian markets were closed with huge gain last trading session. Nifty gained 82 points (1.41%). JINDALSTEL were the top gainer in NSE and it gained 5.70% on Friday.

Nifty (closing): 5945.70

Though Nifty gained 82 points last day, it closed at neutral zone. There is a good possibility for a correction too. So, Long positions should be taken carefully.

MACD and Stochastic indicate bullish trend. RSI still depicts a neutral trend. Upper Bollinger Band is at 6006 and Middle Bollinger Band at 5848.

Global markets showed a mixed trend. US markets were slightly up, while, Asian markets showed a mixed trend during closing. Asian markets also closed with gain on Friday. Brent Crude prices decreased remarkably. Rupees got strength against Dollars.

India VIX closed at 13.34 with 2.07% increase.

GOOD LUCK.....................

 

NIFTY TODAY: EPISODE 239

                                            NIFTY TREND FOR 08-03-2013

MAJOR RESISTANCE LEVELS: 5889-5920-5969

MAJOR SUPPORT LEVELS       : 5822-5776-5742

MIDDLE TERM TARGET          : 5904-5934

Indian markets were steady till noon. Nifty showed a steep hike afternoon and it closed with the gain of 45 points.

Nifty (closing): 5863.30

Nifty closed at neutral zone yesterday. Though there is a little inclination for a bearish market, positions should be taken carefully.

MACD turned from bearish to neutral level after a long period ( about a month). When RSI indicates neutral trend, Stochastic depicts a clear bullish market. Nifty has broken Middle Bollinger Band yesterday and closed above the level, 5846. Upper Bollinger Band is at 5999 and Lower Bollinger Band at 5690.

European and US markets closed in slightly positive zone last day. Asian markets are in mixed trend right now. Brent Crude prices decreased and Rupees got mild strength against Dollars. 

India VIX closed at 13.07 with 2.46% decrease.

GOOD LUCK.........................

NIFTY TODAY: EPISODE 238

                                            NIFTY TREND FOR 07-03-2013

MAJOR RESISTANCE LEVELS: 5828-5853-5869

MAJOR SUPPORT LEVELS       : 5805-5785-5768

MIDDLE TERM TARGET          : 5905-5935

Nifty increased 34 points yesterday. JPASSOCIAT increased 5.67% and became NSE top gainer.

Nifty (closing): 5818.60

 Nifty is neutral now. But, there is a probability for a fall today. Anyway, positions, both long and short should be taken carefully today.

MACD still indicates bearish trend, while, RSI shows neutral trend. But, Stochastic indicates a bullish trend. Middle Bollinger Band stands at 5853 and Lower Bollinger Band at 5691.

Brent Crude prices decreased remarkably. Rupees got mild strength. Global markets closed at steady and mixed trend.

India VIX closed at 13.40 with mild increase of 0.01 point.

GOOD LUCK................ 

NIFTY TODAY: EPISODE 237

                                               NIFTY TREND FOR 06-03-2013

MAJOR RESISTANCE LEVELS: 5803-5828-5874

MAJOR SUPPORT LEVELS       : 5746-5702-5675

MIDDLE TERM TARGET          : 5904-5934

Indian markets increased steadily last day. Nifty got 86 points with 1.50%. SESAGOA was the NSE top gainer which increased 5.27%.

Nifty (closing): 5784.25

Nifty turned into bullish trend. But, there is slight chance for a correction too. Nifty may get proper resistance at 5860-5875 range.

MACD depicts bearish market. RSI indicates neutral trend. Stochastic turned into bullish trend from neutral trend. Middle Bollinger Band stands at 5856 and Lower Bollinger Band at 5672.

Almost all the global indices closed in green last trading session. Brent Crude prices increased. Indian Rupees were weak against Dollars. India VIX closed at 13.39 with 2.05% decrease.

GOOD LUCK......................

NIFTY TODAY: EPISODE 236

                                              NIFTY TODAY: EPISODE 236

MAJOR RESISTANCE LEVELS: 5714-5735-5764

MAJOR SUPPORT LEVELS       : 5678-5650-5627

Nifty closed in red yesterday. JPASSOCIAT and HINDALCO were the top losers which decreased 5.95% and 5% respectively. 

Nifty (closing): 5698.50

Nifty closed at neutral zone on Monday. 

MACD still indicates a bearish market. But, RSI, Stochastic and Moving Averages depicts a neutral market. 

US and European markets closed steadily last day. Asian markets were closed in red except NIKKEI which was slightly up. Brent Crude prices decreased slightly. Rupees were steady with DOLLARS.

India VIX closed at 13.67 with 2.77% decrease.

GOOD LUCK..................

NIFTY TODAY: EPISODE 235

                                             NIFTY TREND FOR 04-03-2013

MAJOR RESISTANCE LEVELS: 5740-5767-5801

MAJOR SUPPORT LEVELS       : 5693-5659-5631

Indian markets traded in green most of the time last day. Nifty increased 27 points on Friday.

Nifty (closing): 5719.70

Nifty closed at neutral zone last day. Positions should be taken carefully today.

MACD indicates negative trend, while, RSI and Stochastic depicts neutral trend. Middle Bollinger Band stands at 5880 and Lower Bollinger Band at 5726.

Crude prices decreased slightly. Rupees lost it's strength against Dollars. Global markets showed neutral trend last trading session.

India VIX closed at 14.06 with 5.38% decrease.

GOOD LUCK.................

NIFTY TODAY: EPISODE 234

                                            NIFTY TREND FOR 01-03-2013

MAJOR RESISTANCE LEVELS: 5798-5911-5978

MAJOR SUPPORT LEVELS       : 5632-5565-5451

Indian markets showed a heavy fall in indices. Nifty lost 104 points ( 1.79%). Though there was a steep decrease in stock prices,  TCS gained a remarkable increase of 2.53%. RELINFRA was the top loser in NSE with 9.44% decrease. Nifty was bearish for around 3 months and the downward movement was pending. This late movement became very sharp one as usual.

  

Nifty (closing): 5693.05

Though Nifty is at bearish zone now, we cannot predict the accurate direction. Anyway, there is a chance for a correction for yesterday's big fall. Major support will be at 5630-5640 range and resistance at 5790-5800. Market movement is unpredictable as how budget makes impact on Industrial sector and economic sector of the country. 

Indian markets are eagerly waiting for the reaction of budget. In a single word, union budget can be described as 'a neutral one'. Obviously, there are not any remarkable positive and negative facts behind the digits of budget. The intention of the budget is to achieve GDP between 5-6%. But, we have to wait to see the results.

Nifty closed below Lower Bollinger Band level, 5751 yesterday and Middle Bollinger Band stands at 5895. MACD indicates a bearish market. Stochastic, RSI and Moving Averages depicts a neutral market. 

US markets closed in red today. European and Asian markets closed in green last trading session. Brent Crude prices decreased. Rupees could not maintain strength against Dollar.

India VIX closed at 14.86 with 8.44% decrease.

GOOD LUCK.................