Stocks Making Money - the best nifty intraday,BTST, STBT tips and trading calls.: July 2008

NIFTY INTRADAY LEVELS FOR 31ST JULY

Expiry day, so expect very high volatility today.
levels to watch is 4355, nifty is weak below it, crossing 4340, it can tgt 4388.
on the lower side, 4299 is to be watched, breaking it, nifty can fall to 4275-4240.
try and trade less for the day.

NIFTY INTRADAY LEVELS FOR 30TH JULY

A day before the expiry, we definately will see some volatility..

after a gap up, if nifty fut doesnt cross 4312, it will fall to 4262-4238.

Only if 4238 doesnt break for the day, one can expct a higher expiry of 4300+

if 4238 is broken for the day, nifty will see expiry of 4150

NIFTY INTRADAY LEVELS FOR 29TH JULY

Nifty closed weak, and will hit 4220 in a gap down opening today.

now we have to watch 4220, if broken, nifty might hit 4141 for intraday.

a closing below 4225, would make nifty very weak in the short term, and target will be 4084 with a SL of 4225 on a closing basis.

difficult to say what nifty can do after a big gap down, so stay online in the chatroom for further levels.

NIFTY INTRADAY LEVELS FOR 28TH JULY

Nifty chart shows some weakness, and that some downside is still left.

trading below 4360, nifty can fall to 4220 fut level.

so for the day, any longs can be thought of only if nifty crosses 4360, else look to short at rise.

nifty if breaks 4310, can fall to 4249-4220 levels very quickly.

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WEEKLY ANALYSIS OF DOW JONES (US MARKETS)

Dow has been moving strictly as per technicals, and it bounced from 10,700 levels this week, and made a 1000 point upmove , hit 11,700 levels and came down again.

the way dow closed on friday, it doesnt give a pretty picture, and breaking 11,000 levels, can fall to 10,600 and below for the week.

for any strength , it has to close above 11,670 levels, which would lead to a short term rally up to 12,250 levels.

WE WOULD LIKE TO KNOW WHT U FEEL ABOUT THE DAILY LEVELS PROVIDED HERE, UR COMMENTS ARE VERY VALUABLE, PLZ WRITE A COUPLE OF LINES TO HELP US GROW BY CLICKING ON - https://www.blogger.com/comment.g?blogID=349751546909039732&postID=7160359754831257103

NIFTY INTRADAY LEVELS FOR 25TH JULY

Nifty will open gap down, and can fall to 4320. now this is an important support level, and should be held, breaking this, nifty can see a major downtrend in days to come.tgts can be 4228 before expiry.

now if nifty sustains 4320, it can bounce to 4460 levels before expiry.

for intraday, i dont think a trade can be taken immediately after the gap down, so we will wait and see if we can short it.

4320 holds the key.

NIFTY INTRADAY LEVELS FOR 24TH JULY

Nifty will go on to hit atleast 4525, where it will face resistence, and above it tgts for he day is 4563-4595. After moving so hard for so many days, nifty might take some rest today, and may trade flat, which wouldn't mean tht you can short it yet for positional

for any intraday weakness, nifty has to break 4460 levels, below tht nifty can fall straight to 4400 fut level.

for positional view, nifty is still very strng, and a closing above 4525 level, can take nifty up to 4640-4710 levels.

i personally feel, next downwave will come once nifty hits 4710 and the fall could be up to 4000 levels.

i personally dont feel nifty will break 4000 levels in the medium term.

NIFTY INTRADAY LEVELS FOR 23RD JULY

Nifty fut should hit 4322 in the opening trade, where it will face some resistence. if trades above 4322, next intraday tgt will be 4364-4395.

for any weakness, nifty fut has to break 4225, below which tht tgt will be 4186-4140 levels.

trading above 4395 in next few days will make nifty very bullish for the tgt of 4565-4640

so its crucial tht nifty shouldnt break 4220 for today to continue with its upward journey.

NIFTY INTRADAY LEVELS FOR 22ND JULY

Nifty might open flat. and what we need to watch is, 4141, till nifty sustains above this level, one can go long , SL below this level. so nifty sustaining above 4141, tgts are 4176-4225

now if 4141 breaks, nifty can fall to 4094 levels.

now that was for the upward trade and could be the range for the day.

also if nifty breaks 4094 in the day, it will be in danger and can tgt 4066-4024 levels.

NIFTY INTRADAY LEVELS FOR 21ST JULY

Technical analysis wont hold good, whn the political news flow is so strong, still these levels will hold good, as some news can only move nifty above the specified levels, and we need to use strict stoploss to trade for today.

nifty will fly if crosses 4094 for intraday with tgt of 4175.

if nifty breaks 4026 for the day, it will fall to 3981-3950

trade strictly when these levels are taken.

NIFTY INTRADAY LEVELS FOR 18TH JULY

NIFTY will open gap up, and can hit 3974.

now if trades above this level, nifty can go on to hit 4080 levels, but if nifty is not sustaining above 3974, it can fall to 3924-3908 for the day.

it will be difficult to trade long after the gap up, as SL will be very deep.

a safe trade would be, on opening if nifty doesnt cross 3974, one can short with 3980 sl for 30-40 points.

for longs - buy above 3974, sl 3950 tgt 4024 for the day.

Nifty made another new low for the year, and yes, more downside is expected.

i was expecting a global sell off today, which was saved by big fall in crude prices.

today keep an eye on 3866 for nifty fut. if it trades above it, nifty can see some shortcovering.

however if it is not able to cross this level, nifty might target 3737-3702.

next support is at 3655, and yes nifty will go there, so in comming few days, every rise will be shorted .

NIFTY INTRADAY LEVELS FOR 14TH JULY

Nifty will open weak, and can see 3980 in the opening, below that support exists around 3945 for intraday. We had taken STBT around average of 4015, i would advise clients to book 50% at 3980-85 levels, and hold rest with trailing SL at 4001. strong support exists around 3980-3945-3925 levels, and a break of 3925 for intraday would be dangerous for nifty,

the movement for the day would also depend on crude, and if nifty sustains below 3980, it can see 3925,

for upside, nifty crossing 4015 after the morning dip, can go on to hit 4084, and SL becomes the day's low then

WEEKLY DOW (US MARKETS) ANALYSIS

2 weeks back i had posted an analysis on dow saying that the target was 11,000.

yess it is acheived. and dow is now on stromg supports, a bounce to 11,700 levels cant be ruled out from these levels.

however as crude is blasting again, and if dow breaks support of 11,000, it can continue its downward journey to 10,745 levels, so watchout in this comming week, it will be a strong move on one side.

NIFTY INTRADAY LEVELS FOR 11TH JULY

from today i will be uploading nifty futures intraday chartsrather than EOD charts.

Today for intraday, nifty RESISTENCE AT of 4180 , crossing this, it can go on to hit 4212 support for nifty is at 4134 for the day, and this level should not be broken for today else can fall to 4080 and breaking 4080, downside can be huge.

NIFTY INTRADAY LEVELS FOR 10TH JULY

nifty intraday charts shows clear break out, however with a gap down, what we need to watch now is 4080, if 4080 is held, confidently hold longs with the same SL, for tgts of 4224- if nifty breaks 4080 levels, it will get weak, and a closing below it, nifty's tgt will be 4008 for intraday, SL will be 4126

NIFTY INTRADAY LEVELS FOR 4TH JULY

Nifty will open flat to mildly positive, and can see a high of 3917, and can fall to 3840 levels in the morning, as market will be cautious and will wait for inflation data.

if we see some shocking figures, and nifty breaks 3810, we will see 3736 -3655 levels for the day.

however i am not that bearish and after an initial dip, if nifty holds 3810, it can blast to 4000 -4080 levels .

so as you can see by my levels, it is going to be a big day, so wait patiently, and take position once the trend is clear.

NIFTY INTRADAY LEVELS FOR 3RD JULY

Nifty blasted, and further upmove is to be decided only by crude, nothng else.

yes, markets are strong and Sl will be 3950 hereon for longs. if at all we break this levels, markets will get into short mode again.

upside tgts as of now are 4133-4178-4234.

any trades in nifty will be big, as the SL and the targets are all big.

avoid shorting in the range of 3950-4234

NIFTY INTRADAY LEVELS FOR 2ND JULY

Nifty broke all supports and fell to 3810 fut levels. For today, expect a flat opening and nifty can pull up to 3896 levels whr it will face minor resistence. anytime nifty breaking 3824 will be dangerous, and can fall to 3750-3723 levels for the day. i would consider nifty making a positive reversal only and only if it crosses 3990 levels, till then, longs will never be safe.

for the clients holding nifty STBT, SL is again very high, so consider booking in the morinig if nifty is sustaining above 3824 levels. nifty next logical and long term support is at 3660 fut levels.