TUES DAY 17-06-08

DUE TO SOME PERSONAL WORK I CAN NOT ABLE TO UPDATE THE BLOG FOR SOME MORE DAYS,

ALERT:

MARKET NOT LOOKING GOOD, USE THIS RALLY TO BOOK UR LONGS, SOON WE WILL FACE SOME HEAVY SELLING PRESSURE, BEFORE THAT MARKET WILL HAVE SOME CHANCE TO TOUCH 15900 TO 16000, 4750 TO 5000, RANGES, SO USE THIS TO BOOK UR LONGS, TECHNICALLY (MONTHLY AND WEEKLY CHART WISE) WE HAVE TO FACE BIG CORRECTION SOON, MAY BE 12K, IF SLIP BELOW 12K, THEN 11.5 TO 9.5 ALSO POSSIBLE, SO DONT BUY FOR DELIVERY, THIS CORRECTION ONLY COMES IF SENSEX BREACH THE 13700, AND NIFTY BREACH 4300 TO 4220 RANGE, SO TRADE CARE FULL

BYE

IF U WAND DAY TRADING CALLS, CALL ME IN 09944435803, OR ADD ME IN UR YAHOO MESSENGER LIST AS "saravanabalaaji"

THANK U

MONDAY - 16-06-08 – 8.15 AM

MARKET VIEW

ALL WORLD MARKETS ARE IN GREEN, ADVANCE TAX DETAILS MAY COME FROM TODAY, AS PER TECHNICAL CHART, OUR MARKETS ARE HAVING CHANCE TO GO UP SIDE UP TO 16K, AND 4850 TO 5000, BUT STILL OUR BOTTOM LEVEL IS NOT IN CLEAR, SO IF THERE IS ANY BAD NEWS, MARKET WILL COME DOWN FAST, SO DAY TRADERS AND SHORT TERM TRADERS BOOK IF U HAVE GOOD PROFIT, (10% TO 15%), FOR LONG TERM TRADERS, NOT AN ISSUE, START BUYING IN EVERY DIPS ONLY, AND DON’T BUY FULL JUST PARTIAL, TO DAY MARKET WILL OPEN WITH GAP UP, AND TRADE IN SIDE WAYS, AFTER RELEASE OF ADVANCE TAX DETAILS, IT WILL MOVE FURTHER, SO DAY TRADERS CAN BUY ON DIPS,


BEST OF THE DAY
CHAMBLE FERT, ACC, DIVIS, DR REDDY LOOKS GOOD

NOTE
DUE TO SOME WORK, I CAN NOT GIVE TOO DETAILS

THURSDAY – 12-06-08 – 8.50 AM

MARKET VIEW

ALL WORLD MARKETS ARE IN RED, RED, RED, I AM ALWAYS TELLING U ABOUT SO MANY BAD NEWS WAITING FOR US, YESTERDAY I TOLD U ABOUT CRR HIKE ALSO, YESTERDAY ALL BANKS HAD RUN FAST, TODAY WE WILL C ?, TODAY IIP GROWTH STATUS ALSO COMES OUT,(I THINK IT WILL GIVE SOME BAD RESULT, SO KEEP I ON IT) TOMORROW I EXPECT BAD INFLATION NO’S (MAY IN BE DOUBLE DIGIT), SO TODAY I EXPECT A BIG GAP DOWN OPEN AND ALL BIG HANDS WILL DO STRONG SELLING, AND IMPORTANT MEETING IN RELIANCE (AGM) SIDE ALSO THERE, SO AFTER MEETING RELIANCE WILL DO BAD, UN TILL THEN I EXPECT SOME RECOVER IN RELIANCE, SO BUY THIS ONLY AT LOW AND SELL WITH MINI PROFIT, AS PER TECHNICAL CHART SENSEX HAS SOME STRONG SUPPORT AT 13750 TO 13500, IF IT RECOVERS FROM THIS LEVELS, BUY FOR DELIVERY, IF IT BREAKS AND CLOSE BELOW THIS LEVEL, GET OUT FROM MARKET FOR 2 MONTHS, NOTHING TO SAY, TRY TO BUY 25% FOR DELIVERY WHEN SENSEX IS AT 13750 RANGE (ONLY 25% NOT MORE)

SENSEX SUP&RES

BELOW 15056 TR 14845, 14738, 14645, 14100 TO 14000, 13779 TO 13750
ABOVE 15230 TR 15320, 15500

NIFTY SUP&RES

ABOVE 4542 TR 4587, 4627, 4641,
BELOW 4500 TR 4400, 4325 TO 4300

BEST OF THE DAY
BUY RELIANCE AT 2120 S/L 2100 TR 2200

WEDNESDAY – 11-06-08 – 8.50 AM

MARKET VIEW

US MARKET CLOSED WITH FLAT AND MIXED SITUATION, ALL ASIAN MARKETS ARE ALSO DOING IN FLAT AND MIX SITUATION, HERE EXPECT SOME FLAT OPEN OR MILD UP SIDE OPEN, LAST 2 DAYS MARKET HAD DONE SOME BUYING PRESSURE FROM DII’S SIDE (FII’S STILL IN SELLING MODE), TODAY ALSO WE HAVE SOME UP SIDE UP TO 15200, IF SUSTAINS IT WILL TRY TO FILL THE GAP UP TO 15300 TO 15400 RANGE, SO DAY TRADERS CAN BUY AT LOW AND SELL AT HIGH, SOME SELLING PRESSURE WILL COME AT HIGHER SIDE AUTOMATICALLY, SO TRADE CARE FULL, NOW SENSEX HAS SOME GOOD SUPPORT AROUND 14100 RANGE AND VERY GOOD CHANNEL SUPPORT AROUND 13800 TO 13750 RANGE, IF IT TAKES SUPPORT FROM THIS LEVEL, IT MAY GO UP TO 17500 RANGE, IF NOT ( IF IT CLOSE BELOW 13500 WITH STRONG VOLUME,) NEXT SUPPORT IS AT 12500, TO 12000, SO DELIVERY TRADERS CAN CONCENTRATE ON UR STOCKS AT THE POINTS OF 14100 TO 13700 RANGE AND KEEP THE S/L AS 13500 IN SENSEX, WITH OUT FII’S PARTICIPATION, OUR MARKET DOES NOT DO ANY THINK, SO KEEP I ON ABOUT THAT ALSO, STILL OIL, INFLATION, CRR RATE HIKE, POLITICAL INSTABILITY, TECHNICALLY WEAK SENTIMENT, ARE THE BIG PROBLEMS FOR US, EVEN THOUGH, BIG HANDS ARE USE THIS CONFUSIONS TO BUY, SO TRY TO BUY STEP BY STEP, NOW ONGC, RIL, RELCAP, REL, IDFC, BOMBAY DY, RCOM, ALL ARE GOOD FOR FAST MOVE, TRY TO BUY SMALL BY SMALL WITH STEP BY STEP

SENSEX VIEW:

SENSEX HAS SOME VERY GOOD CHANNEL SUPPORT AROUND 13750 TO 13500 RANGE, IF IT BREAKS THEN BIG CORRECTION WILL COME, MAY BE 12500 TO 12000 RANGE,

SENSEX SUP&RES

BELOW 14845 TR 14670 TO 645, 14550 TO 500, 13750
ABOVE 14980 TR 15100, 15200, 15320 TO 350, 15500

NIFTY SUP&RES

ABOVE 4485 TR 4530, 4565, 4625
BELOW 4410 TR 4370, 4324 TO 4300, 4150, 4000

BEST OF THE DAY

ALL PHARMA STOCKS ARE STILL LOOKS GOOD BUY AT DECLINE

GLENMARK AB 700 TR 725, 750, S/L 692
DIVIS LAB AB 1540 TR 1560, 1600, 1625++, S/L 1524
BOMBAY DY SUP AT 615 TO 610 RANGE WITH S/L OF 600 TR 650, 700
REL CAP, RIL IDFC, ONGC ARE IN SUPPORT RANGE BUY

TUESDAY – 10-06-08 – 8.50 AM

MARKET VIEW

US MARKET CLOSED WITH MIXED SITUATION, ALL ASIAN MARKETS ARE DOING IN DOWN SIDE, HERE EXPECT FLAT OPEN, YESTERDAY SOME GOOD RECOVERY HAD HAPPENED IN MARKET WITH GOOD VOLUME, FII’S HAD SOLD, DII’S HAD BOUGHT, TODAY THIS RALLY WILL MOVE UP TO 4600 TO 4630 LEVELS, AND 15400 TO 15500, NEXT SOME SELLING PRESSURE WILL COME AUTOMATICALLY, SO SELL AT HIGH FOR DAY TRADE, AND DON’T THINK ABOUT DELIVERY BUYING NOW, AND AS PER TECHNICAL CHART, THERE IS SOME IMPORTANT SUPPORTS, 1- 14100, AND 2- 13770, THESE 2 SUPPORTS ARE GOOD AND STRONG SUPPORT FOR SENSEX, AND NIFTY HAS GOOD SUPPORT AT 4300 TO 4200 RANGE,
WE HAVE TO FACE VOLATILE BASE CORRECTION NOW, SO USE THIS FOR DAY TRADE, BUY AT LOW AND SELL AT HIGH, DON’T WAIT FOR HUGE PROFIT, AND DON’T TAKE ANY THINK TO HOME DUE TO INTRA DAY LOSS, BOOK IT ON THE SAME DAY, TAKE CARE

BEST OF THE DAY
BUY LUPIN AB 707 TR 715, 720, 732, 740, S/L 697
BUY SUNPHARMA AB 1475 TR 1500, 1530, S/L 1450

MONDAY – 09-06-08 – 8.45 AM

MARKET VIEW

US MARKET CLOSED WITH HEAVY DOWN SIDE, ALL ASIAN MARKETS ARE DOING IN DOWN SIDE, HERE EXPECT GAP DOWN OPEN, AS WE DISCUSSED ON FRIDAY, HEAVY DOWN IS NOT AVOIDABLE AS PER OUR ECONOMY STATUS IN THIS SITUATION , I THINK MARKET WILL TRADE BELOW JANUARY LOW SOON, AND DON’T THINK ABOUT DELIVERY BUYING NOW, AND MAXIMUM ALL INDEX SCRIPTS ARE IN JAN LOW, SO I EXPECT HUGE VOLATILE BASE CORRECTION, 12500 TO 12000 AND 3600 TO 3500 IS POSSIBLE, UN TILL THEN DO ONLY DAY TRADE, OIL PRICE STILL FLYING IN UP SIDE, STILL WE HAVE TO FACE SO MANY BAD NEWS, IF U WANT ME TO SPEAK OPENLY, I ADVICE TO GET OUT FROM MARKET FOR 1 OR 2 MONTHS, SO BE CARE FULL, IF U WANT DO DAY TRADE, BUY ON DECLINE AND GET MINI PROFIT, THAT IS GOOD, SELL AT HIGHER SIDE, EVERY THINK WILL COME DOWN, TAKE CARE, NOTHING TO SAY, I AM FEELING HAPPY, BECAUSE, I ADVISED MY ALL BLOG READERS TO GET OUT FROM THEIR LONGS AT 17500 RANGE, IF U HAD FOLLOWED MY ADVICE, U R ALSO FEELING HAPPY, OTHERWISE, GOD GRACE, AND TRY TO SELL NIFTY FUTURE AT EVERY HIGH OF JUNE MONTH,

SENSEX SUP&RES

BELOW 15526 TR 15445, 15315 TO 290, 15200 TO 15165, 15K, 14900, 14670
ABOVE 15620 TR 15720, 15820, 16K

NIFTY SUP&RES

ABOVE 4630 TR 4690, 4713, 4750, 4780 TO 4800
BELOW 4605 TR 4536, 4480, 4445 ----

BEST OF THE DAY

COLGATE BL 385, S/L 392
JSW STEEL BL 1070 S/L 1090
LUPIN BL 644 S/L 652

FRIDAY – 06-06-08 – 8.50 AM

MARKET VIEW

US MARKET CLOSED WITH UP SIDE, ASIAN MARKETS ARE IN MIXED SITUATION WITH POSITIVE MOOD, HERE EXPECT GAP UP OPEN, TODAY WEEK END, INFLATION NO’S COMES OUT AT 12 NOON, AFTER 12.3 TO 1 O CLOCK, I EXPECT SOME SELLING PRESSURE IN MARKET AROUND 16200, 4770 RANGE, SO IF THERE IS ANY GAP UP OPEN DON’T URGE TO BUY AND WAIT FOR SOME LOW, AND BOOK UR PROFIT FAST, THIS RALLY WILL LEAD THE MARKET UP TO 16400 TO 16700 IN SENSEX AND 4800 TO 4950 IN NIFTY, AGAIN I EXPECT SOME CORRECTION, BECAUSE SO MANY BAD NEWS ARE WAITING FOR US, SO AVOID DELIVERY BUYING, BUY FOR DAY TRADE, AND DON’T TAKE ANY THINK TO HOME DUE TO DAY TRADE LOSS, BOOK IT ON THE SAME DAY, TODAY MAXIMUM ALL SCRIPTS WILL MOVE FAST AND LATER SOME SELLING PRESSURE WILL COME, SO TRADE CARE FULL, CRUDE OIL PRICE AGAIN COMING UP, CONCENTRATE ON BPCL, IOC, HPCL, THESE ARE IN AT VERY LOWER SIDE, AND KEEP THE S/L, IT SECTORS ALSO LOOKS GOOD, DO DAY TRADE IN THIS SECTORS, AND BE FAST IN UR PROFIT

SENSEX VIEW:

THIS RALLY WILL LEAD THE SENSEX UP TO 16400 TO 16700 RANGE, IT HAS SOME RESISTANCE AROUND 15900 AND SUPPORT AT 15655 RANGE

SENSEX SUP&RES

BELOW 15655 TR 15465, 15315 TO 290, 15200 TO 151650, 15K
ABOVE 15900 TR 16K, 16122 TO 16179, 16400, 16700

NIFTY VIEW

THIS RALLY WILL LEAD THE NIFTY UP TO 4800 TO 4950, IT HAS SOME RESISTANCE AT 4700, AND SUPPORT AT 4650,

NIFTY SUP&RES

ABOVE 4690 TR 4732, 4770 TO 795, 4820, 4855, 4930
BELOW 4650 TR 4625, 4600, 4536, 4468

SAFE TRADES VIEW

US MARKET CLOSED WITH UP SIDE, ASIAN MARKETS ARE IN MIXED SITUATION WITH POSITIVE MOOD, HERE EXPECT GAP UP OPEN, TODAY WEEK END, INFLATION NO’S COMES OUT AT 12 NOON, AFTER 12.3 TO 1 O CLOCK, I EXPECT SOME SELLING PRESSURE IN MARKET AROUND 16200, 4770 RANGE, SO IF THERE IS ANY GAP UP OPEN DON’T URGE TO BUY AND WAIT FOR SOME LOW, AND BOOK UR PROFIT FAST, THIS RALLY WILL LEAD THE MARKET UP TO 16400 TO 16700 IN SENSEX AND 4800 TO 4950 IN NIFTY, AGAIN I EXPECT SOME CORRECTION, BECAUSE SO MANY BAD NEWS ARE WAITING FOR US, SO AVOID DELIVERY BUYING, BUY FOR DAY TRADE, AND DON’T TAKE ANY THINK TO HOME DUE TO DAY TRADE LOSS, BOOK IT ON THE SAME DAY, TODAY MAXIMUM ALL SCRIPTS WILL MOVE FAST AND LATER SOME SELLING PRESSURE WILL COME, SO TRADE CARE FULL, CRUDE OIL PRICE AGAIN COMING UP, CONCENTRATE ON BPCL, IOC, HPCL, THESE ARE IN AT VERY LOWER SIDE, AND KEEP THE S/L, IT SECTORS ALSO LOOKS GOOD, DO DAY TRADE IN THIS SECTORS, AND BE FAST IN UR PROFIT

BEST OF THE DAY

BUY DIVIS LAB AB 1540 TR 1571, 1600, 1625,1650, S/L 1520
BOMBAY DY AB 798 TR 825, 850, S/L 792

IVR PRIME, HEG, WIPRO, INFY, HPCL, IOC, BPCL, PRAJ IND ALL ARE GOOD FOR BUYING, TRADE CARE FULL, AND BE FAST IN UR PROFIT, KEEP THE S/L

THURSDAY – 05-06-08 – 8.55 AM

MARKET VIEW

US MARKET CLOSED WITH MIXED SITUATION, AND ALL ASIAN MARKETS ARE DOING IN DOWN TREND, HERE EXPECT FLAT OPEN, OR MILD DOWN SIDE OPEN,(ACCORDING TO THE ASIAN MARKET STATUS AT AROUND 9.55 AM OUR MARKET WILL OPEN), AS I TOLD YESTERDAY DUE TO RATE HIKE IN PETROLEUM PRODUCTS, MARKET ASSUMED ABOUT INFLATION AND DID DOWN SIDE, AND NOW WE HAVE TO WATCH 2 POINTS THAT IS 15050 TO 15000 AND 14670 FOR SENSEX, 4440 TO 4400 FOR NIFTY, SO MINOR SUPPORT IS AT 15K RANGE, AND MAJOR SUPPORT IS AT 14670 RANGE (+ OR – 100 TO 200 POINTS ON REVERSAL BASIS), IF IT BREAKS AND CLOSE BELOW THIS LEVELS FOR 3 DAYS IN –VE MOOD, THEN I EXPECT SOME DEEP CORRECTION LIKE 12000 TO 12500 RANGE, BEFORE THAT THERE WILL BE SOME IMPORTANT SUPPORT AT 14000 TO 13500 RANGE , FOR NIFTY BELOW JAN LOW (4400) ON CLOSING BASIS, THEN EXPECT ANOTHER 1000 POINTS IN DOWN SIDE, LIKE 3350 TO 3200 RANGE, SO IF U WANT TAKE HIGH HIGH HIGH RISK U CAN BUY FOR DELIVER AT AROUND 15K RANGE (BUT NOT ADVISABLE), AND KEEP THE S/L AS 14670 ON CLOSING BASIS, BUT I EXPECT REVERSAL FROM 14670 TO 14500 (IF CLOSE BL 14670 FOR 3 DAYS, THEN PROBLEM, IF IT GOES BL ON REVERSAL BASIS, IT DOES NOT A PROBLEM), AS PER OUR COUNTRY ECONOMY CONDITION, MARKET WILL DO VOLATILE TRADE IN THIS YEAR

Wednesday – 04-06-08 – 8.35 AM

MARKET VIEW

US MARKET CLOSED WITH NEGATIVE SIGNAL, AND ASIAN MARKETS ARE DOING IN MIX SITUATION, HERE EXPECT FLAT OPEN OR MILD UP SIDE OPEN, AFTER SOME CORRECTION, MARKET DID SOME RECOVER YESTERDAY, BUT THIS IS NOT PERFECT REVERSAL, STILL IT HAS TO BE TOUCH THE 15250 TO 15000 RANGE, BUT MAXIMUM INDEX SCRIPTS ARE IN JAN LOW, SO I THINK MARKET WILL DO SOME RECOVER THIS WEEK UP TO 16500 TO 16700, AND AGAIN IT WILL COME DOWN TO 15K RANGE, SO INVESTORS WAIT UP TO 15.2K TO 15 K LEVELS, IF U URGE TO BUY, DON’T WORRY JUST BUY 25% OF UR MONEY IN INDEX SCRIPTS LIKE REL CAP, ONGC, RIL, HDIL, DLF, (THESE ARE AT JAN LOW), BANKS R IN CRUCIAL STAGE ( SO JUST WAIT FOR CLEAR DIRECTION IN THIS SECTORS), DAY TRADERS CAN DO SOME TRADE AND BOOK FAST PROFIT, DON’T WAIT, MARKETS ARE IN HUGE VOLATILE CONDITION, WITNESSES IT WILL DO SOME FAST RECOVER FROM THE LOW (15.2K TO 15K), YESTERDAY ALL BIG HANDS HAD DONE GOOD BUY IN ALL INDEX SCRIPTS, LIKE RIL, REL CAP, ONGC, SESAGOA, DIVIS LAB, …., SO SOON MARKET WILL GET REVERSAL, SO WAIT UP TO 15.2 TO 15K, BE READY, AND INVEST IN INDEX SCRIPT ONLY, AFTER GET SOME PROFIT WE WILL SWITCH TO MIDCAP OR LIKE, BECAUSE INDEX SCRIPT WILL MOVE FAST THAN OTHERS IN THIS STAGE

(Today expect some rate hike in petrol side, so this will affect the market, so be care full if you are with position in market, keep watch the market direction, after announce the rate hike, and do your trade according to this movement)

SENSEX SUP&RES

BELOW 15825, TR 15700, 15570, 15450, 15300, 15250 TO 15200, 15K,

ABOVE 16010 TR 16200, TO 236, 16315, 16400, 16500, 16700

FOR SHORT TERM PICKS

ONGC, DLF, HDIL, REL CAP, DIVIS LAB, TULIP IT, JP ASSOCIATE, RCOM (540 , S/L 535), THESE ARE GOOD FOR SHORT TERM, SO BUY AT LOW WHEN MKT IS AT 15.2K TO 15K, (KEEP THIS SCRIPTS IN MIND TO BUY AT CORRECTION)

BEST OF THE DAY
DIVIS, REL CAP, ONGC JP ASSO, MTNL GOOD FOR TODAY BUY AT LOW

TUSEDAY – 03-06-08 – 8.35 AM

MARKET VIEW

ALL GLOBAL MARKETS ARE IN RED, HERE EXPECT GAP DOWN OPEN, AS I TOLD U FOR LAST 15 DAYS, MARKET IS DOING NOW, IF U DID SELL UR STOCKS AROUND 17500 AS I TOLD U, NOW U CAN LAUGH, IF NOT I KNOW U R CRYING, SO NOW THE TECHNICAL CHART GIVING SOME SUPPORT AROUND 15450, 15100, 15K, 14670, AND THIS IS NOT RIGHT TIME TO INVEST, SO DON’T URGE TO BUY FOR DELIVER, AND TRY TO BUY WHEN SENSEX WILL AT 15K AROUND, AND JUST INVEST 25%, OF YOUR AMOUNT, IF NOT SUSTAINS AT 14670, FURTHER DOWN SIDE POSSIBLE, SO BE CARE FULL, AND NOTHING TO SAY TODAY, TAKE CARE

SENSEX VIEW:

NOW SENSEX HAS SOME RESISTANCE AROUND 16130 LEVEL, ABOVE THIS LEVEL NEXT TARGET WILL BE 16240, 16460, AND IT HAS SOME SUPPORTS AROUND 15900, BELOW DOWN SIDE WILL BE 15450, 15100, 14670

SENSEX SUP&RES

BELOW 15900, TR 15450, 15300, 15200, 15K, 14730, 14670

ABOVE 16130 TR 16240, 16460, 16630

NIFTY VIEW

NIFTY HAS SOME RESISTANCE AROUND 4770 LEVEL, ABOVE THIS NEXT TARGET WILL BE 4835, 4870, AND IT HAS STRONG SUPPORT AROUND 4700

NIFTY SUP&RES

ABOVE 4770 TR 4800, 4835, 4870, 4900, 4950
BELOW 4700 TR 4630-620, 4550 – 530, 4450 TO 4440


SAFE TRADES VIEW

ALL GLOBAL MARKETS ARE IN RED, HERE EXPECT GAP DOWN OPEN, AS I TOLD U FOR LAST 15 DAYS, MARKET IS DOING NOW, IF U DID SELL UR STOCKS AROUND 17500 AS I TOLD U, NOW U CAN LAUGH, IF NOT I KNOW U R CRYING, SO NOW THE TECHNICAL CHART GIVING SOME SUPPORT AROUND 15450, 15100, 15K, 14670, AND THIS IS NOT RIGHT TIME TO INVEST, SO DON’T URGE TO BUY FOR DELIVER, AND TRY TO BUY WHEN SENSEX WILL AT 15K AROUND, AND JUST INVEST 25%, OF YOUR AMOUNT, IF NOT SUSTAINS AT 14670, FURTHER DOWN SIDE POSSIBLE, SO BE CARE FULL, DON’T TRY TO SHORT SELL AT OPEN TIME, SELL AT EVERY UP SIDE, DON’T PANIC, BE COOL, AND NOTHING TO SAY TODAY, TAKE CARE

BEST OF THE DAY

SELL UTI BL 740 TR 717, 707, 692, S/L 750
SELL SESAGOA BL 3900 TO 3875 TR 3800, 3750, 3640, S/L 3950
SELL APTECH BL 217 TR 205, 200, 190, 180, S/L 221

DIVIS LAB, SUNPHARMA LOOKS GOOD FOR BUYING, BUY IF SUSTAINS AB THE DAY HIGH WITH GOOD VOLUME

Monday – 02-06-08 – 8.50 AM

MARKET VIEW

US MARKET CLOSED WITH MIXED SITUATION, AND SAME AS ASIAN MARKET ALSO DOING IN FLAT AND MIX SITUATION, HERE EXPECT FLAT OPEN, OR MILD UP SIDE OPEN,(ACCORDING TO THE ASIAN MARKET STATUS AT AROUND 9.55 AM OUR MARKET WILL OPEN), NOW WE HAVE TO WATCH 2 POINTS THAT IS 16700 AND 16150 TO 16100, FOR SENSEX, 4950 TO 4830 FOR NIFTY, MARKET WILL DO VOLATILE FOR SOME MORE DAYS WITH EDGE OF THESE POINTS, ABOVE THE HIGH POINTS MARKET WILL MOVE FURTHER UP SIDE UP TO 17200 TO 17240 IN SENSEX, 5050 TO 5100 IN NIFTY, BELOW THE LOW POINTS MARKET WILL TOUCH 15000 15200 IN SENSEX, AND 4440 IN NIFTY,

SENSEX VIEW:

NOW SENSEX HAS SOME RESISTANCE AROUND 16685 TO 16700 LEVELS, ABOVE THIS LEVEL NEXT TARGET WILL BE 16800, 16950 TO 17K, 17100, 17200 TO 17250, AND IT HAS SOME SUPPORTS AROUND 16310, BELOW DOWN SIDE WILL BE 16230 TO 16160, BELOW IT WILL MOVE TOWARDS 15200 TO 15K

SENSEX SUP&RES

BELOW 16310 TR 16230 TO 150, 15950, 15700, 15600, 15500, 15200, 15K
ABOVE 16685 TO 700 TR 16800, 16920 TO 960, 17020, 17150, 17230,

NIFTY VIEW

NIFTY HAS SOME RESISTANCE AROUND 4910 LEVELS, ABOVE THIS NEXT TARGET WILL BE 4960, 5020, 5075 TO 5100, AND IT HAS STRONG SUPPORT AROUND 4830

NIFTY SUP&RES

ABOVE 4910 TR 4960 TO 4980, 5040, 5080, TO 5100
BELOW 4830 TR 4800, 4750, 4718 TO 4700, 4630, 4600, 4550TO 430, 4460, 4440

SAFE TRADES VIEW

US MARKET CLOSED WITH MIXED SITUATION, AND SAME AS ASIAN MARKET ALSO DOING IN FLAT AND MIX SITUATION, HERE EXPECT FLAT OPEN, OR MILD UP SIDE OPEN,(ACCORDING TO THE ASIAN MARKET STATUS AT AROUND 9.55 AM OUR MARKET WILL OPEN), NOW WE HAVE TO WATCH 2 POINTS THAT IS 16700 AND 16150 TO 16100, FOR SENSEX, 4950 TO 4830 FOR NIFTY, MARKET WILL DO VOLATILE FOR SOME MORE DAYS WITH EDGE OF THESE POINTS, ABOVE THE HIGH POINTS MARKET WILL MOVE FURTHER UP SIDE UP TO 17200 TO 17240 IN SENSEX, 5050 TO 5100 IN NIFTY, BELOW THE LOW POINTS MARKET WILL TOUCH 15000 15200 IN SENSEX, AND 4440 IN NIFTY, SO TRADE WITH THIS SUP AND RESISTANCE, ANY WAY MARKET WILL FACE SOME SELLING PRESSURE IN HIGHER SIDE, SO BUY AT LOW AND SELL AT HIGH, DON’T TAKE ANYTHING FOR DELIVER NOW, DO DAY TRADE, AND BOOK QUICK PROFIT, KEEP THE S/L, PROFIT OR LOSS BOOK ON THE SAME DAY

BEST OF THE DAY

JINDALL STEEL AB 2400 TR 2460,2500, 2555, 2600, 2700, S/L 2340
EDUCOM BL 3900 SELL TR 3850, 3800, 3750, S/L 3930
GUJ ALKALIS, VSNL, TISCO LOOKS GOOD FOR BUYING , BUY AT LOW

WE ARE NOT RESPONSIBLE FOR ANY LOSS IF U GET BY OUR CALLS, RISK IS UR'S