Friday
MARKET VIEW
US MARKET CLOSED WITH MILD UP SIDE, ASIAN MARKETS ARE DOING IN MIXED SITUATION, ACCORDING TO THE STATUS OF ASIAN MARKET AT AROUND 9.55 AM OUR MARKET WILL OPEN, MAY BE FLAT OPEN EXPECT, AND WE HAVE VERY GOOD SUPPORT AROUND 16200 TO 16160 RANGE, IF IT SUSTAINS BELOW THIS POINTS AND TRY TO CLOSE BELOW 16100 THEN 15200 TO 15000 IS POSSIBLE, AND TODAY WEEK END, INFLATION NO’S COMES OUT, OIL PRICE NOW IN DOWN SIDE, BUT THIS CRUDE OIL PRICE DID NOT GIVE ANY PROBLEM TO MARKET, (I DON’T KNOW WHY), AND ALL WORLD MARKETS ARE IN CAT ON THE WALL SITUATION, SO THIS IS THE TIME TO BE SAFE WITH AMOUNT IN OUR HAND, EVEN THOUGH THERE IS SOME CHANCE TO SENSEX TO GO UP SIDE UP TO 16960 TO 17200 RANGE, IF SO USE IT TO BOOK UR PROFIT, DON’T TAKE ANY THINK TO HOME FOR DELIVERY, WHEN MARKET TOUCH THE 15200 TO 15000, THEN TRY TO BUY FOR DELIVERY, AND STOCK SPECIFIC MOVE WILL BE POSSIBLE, SO BE QUICK ON UR PROFIT
SENSEX VIEW:
NOW SENSEX HAS SOME RESISTANCE AROUND 16360 LEVEL ABOVE THIS LEVEL NEXT TARGET WILL BE 16500, 16750, 16950, 17200, AND IT HAS SOME STRONG SUPPORTS AROUND 16190 TO 16150, BELOW 16100 ON CLOSING BASIS DOWN SIDE WILL BE 15200 TO 15000
SENSEX SUP&RES
BELOW 16160 TR 16000, 15950, 15800, 15700, 15500, 15200, 15160 TO 15000
ABOVE 16360 TR 16460, 16600, 16700, 16960, 1706, 17200
SAFE TRADES VIEW
US MARKET CLOSED WITH MILD UP SIDE, ASIAN MARKETS ARE DOING IN MIXED SITUATION, ACCORDING TO THE STATUS OF ASIAN MARKET AT AROUND 9.55 AM OUR MARKET WILL OPEN, MAY BE FLAT OPEN EXPECT, AND WE HAVE VERY GOOD SUPPORT AROUND 16200 TO 16160 RANGE, IF IT SUSTAINS BELOW THIS POINTS AND TRY TO CLOSE BELOW 16100 THEN 15200 TO 15000 IS POSSIBLE, AND TODAY WEEK END, INFLATION NO’S COMES OUT, OIL PRICE NOW IN DOWN SIDE, BUT THIS CRUDE OIL PRICE DID NOT GIVE ANY PROBLEM TO MARKET, (I DON’T KNOW WHY), AND ALL WORLD MARKETS ARE IN CAT ON THE WALL SITUATION, SO THIS IS THE TIME TO BE SAFE WITH AMOUNT IN OUR HAND, EVEN THOUGH THERE IS SOME CHANCE TO SENSEX TO GO UP SIDE UP TO 16960 TO 17200 RANGE, IF SO USE IT TO BOOK UR PROFIT, DON’T TAKE ANY THINK TO HOME FOR DELIVERY, WHEN MARKET TOUCH THE 15200 TO 15000, THEN TRY TO BUY FOR DELIVERY, AND STOCK SPECIFIC MOVE WILL BE POSSIBLE, SO BE QUICK ON UR PROFIT, OR WAIT FOR CLEAR DIRECTION OF THE MARKETS, IF IT TRY TO CLOSE BELOW 16100 THE NIFTY TRADERS CAN GO SHORT, GOOD AMOUNT WILL COME IN QUICK TIME
BEST OF THE DAY
TULIP IT AB 1040 TR 1060, 1100, S/L 1020
LUPIN AB 722 TR 745, 755, 765, 795, S/L 704
INFY GOOD AB 1925
ONGC SELL BL 849 S/L 860 TR 826, 800, 780
Thursday
THURSDAY - 29-05-08 – 8.40 AM
MARKET VIEW
US MARKET CLOSED WITH MILD UP SIDE, ALL ASIAN MARKETS ARE DOING IN UP SIDE, HERE EXPECT GAP UP OPEN, DUE TO F&O EXPIRY TODAY SOME VOLATILE EXPECT IN OUR MARKET, SO BUY AT LOW AND SELL AT HIGH, AS OF MY KNOWLEDGE TECHNICAL RULES DO NOT WORK IN F&O EXPIRY DAYS, SO TRADE CARE FULL, BE FAST TO BOOK UR PROFIT, AND ALL ARE EXPECT THE RAIN IN JUNE MONTH, IF SO, IT WILL HELP TO MARKET TO MOVE IN UPWARD, AND TECHNICALLY SENSEX HAS CHANCE TO GO UP SIDE UP TO 17000 TO 17300, FOR NIFTY 5020 TO 5100 ABOVE IF SUSTAINS, THEN FRESH UP MOVE STARTS,
SENSEX VIEW
NOW SENSEX HAS SOME RESISTANCE AROUND 16570 LEVEL ABOVE THIS LEVEL NEXT TARGET WILL BE 16750, 17000, 17300, AND IT HAS SOME SUPPORTS AROUND 16450, BELOW DOWN SIDE WILL BE 16230 TO 16160
SENSEX SUP&RES
BELOW 16450 TR 16300, 16230 TO 150, 15950, 15800
ABOVE 16570 TR 16650, 16750, 16860, 16920 TO 960, 17020, 17150, 17230, 17300
NIFTY VIEW
NIFTY HAS SOME RESISTANCE AROUND 4950 TO 960 LEVELS, ABOVE THIS NEXT TARGET WILL BE 5000 TO 5100, AND IT HAS STRONG SUPPORT AROUND 4900
NIFTY SUP&RES
ABOVE 4950 TR 4980, 5000, 5040, 5090, TO 5100
BELOW 4910 TR 4874, 4840, 4800, 4700
SAFE TRADES VIEW
US MARKET CLOSED WITH MILD UP SIDE, ALL ASIAN MARKETS ARE DOING IN UP SIDE, HERE EXPECT GAP UP OPEN, DUE TO F&O EXPIRY TODAY SOME VOLATILE EXPECT IN OUR MARKET, SO BUY AT LOW AND SELL AT HIGH, AS OF MY KNOWLEDGE TECHNICAL RULES DO NOT WORK IN F&O EXPIRY DAYS, SO TRADE CARE FULL, BE FAST TO BOOK UR PROFIT, AND ALL ARE EXPECT THE RAIN IN JUNE MONTH, IF SO, IT WILL HELP TO MARKET TO MOVE IN UPWARD, AND TECHNICALLY SENSEX HAS CHANCE TO GO UP SIDE UP TO 17000 TO 17300, FOR NIFTY 5020 TO 5100 ABOVE IF SUSTAINS, THEN FRESH UP MOVE STARTS, BUT DON’T BUY FOR DELIVERY NOW, JUST DO FOR DAY TRADE OR FOR 1 OR 2 DAYS VIEW, AND KEEP THE S/L
BEST OF THE DAY
CHAMBLE FERT AB 90 TR 96 S/L 88
BUY NAGAR FERT AB 52 TR 56, 60, S/L 49.5
AND ALL IT SECTORS LOOKS GOOD (TCS, INFY, SATYAM, WIPRO)
Wednesday
YESTER DAY I GOT SOME BROADBAND PROBLEM, SO I CAN NOT UPDATE THE BLOG
MARKET VIEW
US MARKET CLOSED WITH UP SIDE, ASIAN MARKETS MOSTLY IN MILD DOWN SIDE, SOME INDEX ARE IN MILD UP SIDE ( WHEN I WRITE THIS), TODAY OUR MARKET WILL OPEN ACCORDING TO ASIAN MARKET STATUS AROUND 9.55 AM, MAY BE FLAT OPEN, TOMORROW F&O CLOSING, MAY BE TODAY HUGE VOLATILE POSSIBLE IN OUR MARKET, AND TECHNICALLY SENSEX HAS CHANCE TO GO UP SIDE UP TO 16700 TO 16900, IF SO USE THIS TO GET OUT FROM UR LONGS, I AM SURE MARKET WILL TEST THE JANUARY LOW SOON AS I MADE SOUND FOR LAST 10 DAYS, AND SENSEX HAS GOOD SUPPORT AROUND 16230 TO 16160 RANGE, IF BREAKS AND SUSTAINS BELOW THEN FRESH SHORT SELLING WILL COME TO MARKET WITH HIGH PRESSURE, AND IT HAS NEXT SUPPORT AT 15450 TO 15400, BELOW NEXT SUPPORT AT 15200 TO 14700, SAME AS NIFTY HAS CHANCE TO GO UP SIDE UP TO 4950 TO 5020 RANGE, AND IT HAS GOOD SUPPORT AROUND 4800 RANGE, BELOW IT WILL TEST 4720 TO 4700, BELOW NEXT DOWN SIDE 4440, SO DON’T BUY ANY THINK FOR DELIVERY, WAIT AND KEEP THE AMOUNT IN UR HAND, SOME UP SIDE POSSIBLE NOW, DON’T BUY, WAIT...
BEST OF THE DAY
IT SECTORS LOOKS GOOD (SATYAM, TCS, INFY)
BUY INFY AB 1900 TR 1920, 1940, 950, 2000, 2040, S/L 1890
BUY BHARATI TEL AB AB 872 TR 900, 920, S/L 863
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