NIFTY INTRADAY LEVELS FOR 27TH NOV

aroung 2800-2834 is a very dangerous zone for nifty a cross over of 2834 would mean nifty crossing a resistence trendline thats haunting the bulls since aug-sept 2008.

i wouldnt hold overnight longs till nifty closes above 2834. this time if nifty doesnt sustain 2800 levels, may fall towards 2490 levels.

For intraday, it will be weak below 2755 levels, and trading below it, may see 2707 levels.

if sustains above 2755, will hit 2800 levels.

again will be a highly volatile day.

NIFTY INTRADAY LEVELS FOR 26TH NOV

We waited to short above 2800, but that never happened and nifty kept on falling.

for intraday, nifty will be weak below 2635, and another closing below 2655 may take nifty to 2541-2527 levels

only if trades above 2655 may go on to hit 2750 levels again.

(60 min intraday chart attached, All future levels)

NIFTY INTRADAY LEVELS FOR 25th NOV

though there is huge intraday volatility, nifty is still bullish, and the next fall will come only after market sees close to 2838 levels.

my gut feel is ( 85% sure) that market wont cross 2838 on closing basis, however gut feel shud never be trusted, and we will trade with SL only .

i will definately take short position in the range of 2800-2840 levels, and hold with SL above 2840 on closing basis.

i am not saying that we will fall heavily from those levels, but it can surely give 150-200 points in positional trade.

today for intraday, supp is at 2688 and resistence around 2770-2786 levels.

(60 min intraday chart attached, All Future Levels)

NIFTY INTRADAY LEVELS FOR 24th NOV

2838, yes thts where i see big resistence and dont expect nifty to close above it soon.

In case, we get a big gap up, keep an eye on 2838. Not crossing this level, nifty may fall rapidly in comming days.

if manages to cross above this level, then we will see 2915 levels .

(60 min intraday chart attached, All Future Levels)

NIFTY INTRADAY LEVELS FOR 24th NOV

2838, yes thts where i see big resistence and dont expect nifty to close above it soon.

In case, we get a big gap up, keep an eye on 2838. Not crossing this level, nifty may fall rapidly in comming days.

if manages to cross above this level, then we will see 2915 levels .

(60 min intraday chart attached, All Future Levels)

weakness will be seen if nifty below 2535, and next support at 2451.

in case we open a gap down, and we cross 2535, nifty may blast up to 2556-2575 levels again.

overall view is still bearish, and nifty would see strong resistence around 2630 levels in next few trading sessions, i expect a good fall from there, so keep that level in mind :-)

(60 min intraday chart attached, All Future Levels)

Nifty broke an important level of 2640 and closed below it, and thats going to be the SL for anybody who is short.

Next support is at 2540 levels.

for intraday if trades above 2640, may go on to hit 2673-2694 levels.

(60 min intraday chart attached, All Future Levels)

NIFTY INTRADAY LEVELS FOR 19th NOV

For today, nifty may retest yesterday's low once and may hold arnd 2640 levels.

2720 should be the SL for any shorts.

if trades above 2720, may hit 2765 levels for intraday, where it will again face resistence.

as of now, market still doesnt have much direction, and is just moving in a small range, so no positional view as of now...only if closes below 2640, the traders who are holding positional shorts, may still hold on, else one should book out and keep trades strict for intraday only. a closing below 2640 may show straight 2455 levels

(60 min intraday chart attached, All Future Levels)

NIFTY INTRADAY LEVELS FOR 17th NOV

Nifty intraday chart shows easy trades for comming days.

if you look at the attached chart, 2752 is the 50% level of the entire upmove, also it has the trendline there.

so this means, that a closing below 2752 would take nifty to 2630 levels, and if that breaks, thn new low for the year.

now looking at the way nifty is forming a cluster(support) around 2770 levels, in case we hold 2752 and cross 2874, one can go long with SL 2750 for tgt of 3026, where we will again short heavily.

keep this chart handy as this is gonna be very important for trades in comming 5-6 sessions.

(60min intraday chart attached, All fut levels)

NIFTY INTRADAY LEVELS FOR 14th NOV

Nifty will be weak if trades below 2886, and closing below 2886, nifty may target 2752-26xx levels in the comming week.

holding 2886, nifty may hit 2949-3065 as well as market has got double dose of good news in terms of good IIP no.s and lower Inflation.

after wednesday's closing, charts looks very bearish, however today's closng will show us the way of whats gonna happen in comming days.

in case markets closes below 2886 i may hold/carry shorts .

(EOD chart attached, All future levels)

NIFTY INTRADAY LEVELS FOR 12th NOV

Nifty may open close to 2876 levels, and will be weak breaking 2876 .next intraday support is at 2833-2814 levels.

Now due to the big movement yestrday, all SL will be big for nifty and i can give more levels only once it opens today.

If u see the attached chart, it shows a perfect technical chart where nifty has broken down of a triangle and gives 1st tgt of 2752 thn 2628 with positional view with a SL of 3030 on closing basis.

so risky clients can keep following these levels if they are willing to take a big SL, this will be updated everyday.

now for intraday again , if 2876 sustaing, nifty can give a big pull back up to 3030 levels, however it wont be easy to cross.

also keep strct SL for all trades today , as i am expecting some news based volatile movements

(Intraday 60min chart attached,all fut levels)

NIFTY INTRADAY LEVELS FOR 11th NOV

3099 is going to be very important now, and shouldnt break for the uptrend to continue.

breaking 3099, nifty may dip to as much as 3030-2960 levels.

now if 3099 holds, nifty will again blast up, and on crossing yesterday's high of 3178, nifty will also break its previous recent high of 3298.

so yes we r defntly at a crucial point, and all those who are taking positional trades now, are just hoping for moves, and no body is sure. so trade intraday untill things are clear.

(EOD chart attached,all fut levels)

NIFTY INTRADAY LEVELS FOR 10th NOV

Nifty looks very bullish on eod charts, and holding spot level of 2860 nifty may rally as much as 3171-3230-34xx levels in comming days.

as a positional trader, i will trade long with a sl at 2860, and breaking this level, i will reverse my position, and short with double volume.

now for intraday 2972 should hold for upmove, and nifty may hit 3082.
breaking 2972, could fall to 2938 levels.

(60 min intraday Spot chart attached,all fut levels)

NIFTY INTRADAY LEVELS FOR 7th NOV

The most important level to watch in this down wave is 2763. till that level is broken, nifty will be fine.
In case 2763 breaks, nifty will be sold into in any upmove and will be in a position to retest new lows again ( this is an overall positional view)

Now for Intraday, after the gap down, we will still watch 2763 , if breaks may see 2721 for intraday.
if 2763 holds, may pull back to 2794-2833

(EOD chart attached,all fut levels)

NIFTY INTRADAY LEVELS FOR 4th NOV

3010, nifty will be weak below this level, and may hit 2978-2930-2911 for intrday.

sustaining above 3010, nifty will go on to hit 3040-3091

actually charts shows that nifty may hit 3155 before it can really fall in the short term, and i feel, positional shorts is still not a good idea.

(EOD chart attached,all fut levels)

NIFTY INTRADAY LEVELS FOR 3rd NOV

Nifty will show some strength on opening based on good news over the weekend.

now nifty sustaining above 3046, could have the strenght to go up to 32xx levels in this week.

i feel 3255 will be an important level to watch out for on the upside.

however if trades below 3046, may get weak, as dow ( US Markets) is also at resistence levels.

still positional trade has to be avoided for the week, and for intra levels be in the chat room.

(EOD chart attached,all fut levels)