NIFTY LEVELS FOR 29TH

Nifty is a short for the day, with SL 5151, tgts are 5110-5070

in case nifty is able to cross 5150, thn trade should be reversed, sl 5120 tgt 5175-5190

nifty closed at 5105, in case it doesnt cross 5125, short blindly with sl 5150 :-D

Nifty Levels for 28th

Nifty is very strong indeed, a close above 5150 will take nifty to 5376, however if it doesnt sustain 5150, we will fall again, so keep a watch on this level.

for intraday, nifty is a short below 5131, sl 5151 tgt 5050, plz dont think of shorting if 5131 is not broken.

NIFTY LEVELS FOR 25TH

Following global cues, we will be a gap up, which can take us to 5050 levels, nifty can take a dip on opening.

now what we need to watch is 5037, if held nifty can hit 5093 today.

breaking 5037 it will be weak, and can fall to 5000-4973.

trend is up, however it will be volatile.

Nifty levels for 24th

Usually we never make, and we definately end up loosing money on the expiry day, so 1st advise is to stay out.

Now for nifty, it is gonna be weak below 5053, and breaking 5004, it will fall straight to 4962.

in Short term, i still feel tht nifty is gonna hang around 4900-5000 levels, and then continue its upward journey to 5300.

NIFTY LEVELS FOR 23rd

Hi friends, nifty has retraced to 38.2% of fibonacci levels as u can see in the chart.

for any further upmove, nifty has to cross 5075, which is going to be a strong resistence henceforth.

with the gap down, nifty could go close to 5000 levels.

shorting is advised only if 4993 breaks, else nifty will be a buy on this dip, above 5020 nifty can hit 5070 again.

Nifty levels for 16th

Pivot for the day is 4850, if nifty sustains above 4868, will tgt 4939-4995

breaking 4868, nifty may fall to 4815.

nifty closing above 4868 is very important for any further upmove, if it does, nifty will tgt 5050 - 5110 b4 expiry, so take positional view accordingly.

Nifty levels for 15th

Nifty is an intra buy above 4796 for tgts of 4825-4850, however breaking 4753, nifty will become weak and can fall to 4682.

if u look at the attached chart, nifty has been trading in this triangle for sometime now, and only a break above or below will give some direction.

breakout point is 4835, breakdown point is 4650

Nifty levels for 11th

As u can see in the charts, nifty levels are getting smaller by the day.

also in the fall yeaterday u can see tht nifty took support around fibo levels of 4711 odd levels.

in case a gap up nifty crossing 4765, will hit 4780-85 levels.

the only trade for the day will be a short around those levels with SL 4795

also inflation data gonna hold the key for the day.

nifty breaking 4750 will be weak, and dont think will cross 4750 for the day again.

trade in small volume today

Nifty levels for 10th

Hi friends, nifty is in a upward momentum, but global markets down again, nothng new, definately gonna be very volatile again.

nifty in a gap down if settles around 4655-4660, its a buy with sl 4630

4630 is the ultimate support and i dont think nifty will breach it, so buy on a dip today and try to get out with 30-40 points profits.

if 4630 is not holding nifty wil try to break 4600.

as u see tht the range is tight, so trade cautiously.

Nifty levels for 9th

nifty is a buy only and only crossing 4814, with tgts of 5000-5050

today, nifty breaking 4656, will fall to 4619.

above 4693, 4735 can come.

again, levels are far apart, and nifty might trade without giving any directions either way.

the only good entry i see is a short below 4656.

Nifty Levels for 8th April

Nifty can rally up to 4860.

now profit booking will definatly come, so what we have to watch for is 4842 shud be sustained, if it does, nifty will rally to 4902.

if 4842 is not sustained, we can fall as low as 4776.

2 calls for the day -

SBIN buy above 1700 sl 1678 tgt 1732-1752

APIL short below 580, Sl 586 tgt 529-518

watch these levels carefully.

Nifty Levels for 7th April

Hi friends, looks like gonna be another dull day for trading.
nifty breaking 4641 can fall to 4600-4560, on the upside 4701 is the resistance zone.
for short term, trend, is still seriously down, and no longs advised.
Stock for the day:

keep an eye on rel cap for shorts sl 1186, tgt 1133-1108, cmp 1167.80
for longs -
GUJ NRE buy above 140, sl 136, tgt 148, cmp 142.45

Nifty levels for 4th April

Ril is very strong, i feel markets should move up, but the only problem could be the inflation figures.

lower thn last week inflation means we will touch 5000 in nxt 2 days (or 4500 as the scene may be)

for the day, nifty is a buy above 4848, and above 4958, theres no stopping.

another this is, keep an eye on RIL above 2454 fut, it is a pucca buy without miss.

Nifty Levels for 3rd

4962 was predicted on yestrday's notes, and nifty's high was 4964.

thts how accurate fibo levels can be.

today its gonna be very volatile with downward bias.

i expct big a big move after 2pm (either up or down).

resistnce is at 4780.

below 4705, nifty is a short for tgt of 4641.

Nifty levels for 2nd April

Nifty showed some strength in the 2nd half, and will double it up with a huge gap up today.

now during this upmove we may touch 4962.

cant buy a gap up, but if sustains above 4962, will see 5075, today or tommorrow.

SL for longs is 4871.

Nifty levels for 1st April

Well, we defntly overdid the fall yesterday, nifty easily broke strng support of 4800, and agn bulls are wounded.

it only shows how strng the bears are.

no longs, cut ur positions, i m very sure we will see much lower levels.

now for intraday, a gap up today will mean shorter's delight.

nifty will be weak below 4787, and thts the SL for the day.

lower side tgts is 4641 breaking 4691.

trades shud be reversed only above 4864.

also keep an eye on asian markets, and european markets, coz if thy r positive, we wont fall a whole lot.