Stock Market Guesstimate: BankNifty Spot, JP Associates, Emami Ltd, LIC Housing finance & Bajaj Holding & Investment

BANK-NIFTY

BankNifty Spot

Support at 12290-12270.

If trades above 12330 for 20 minutes

then expect rally up to 12344-12365.

Crucial support at 12230-12250.

JP- Asso

JP Asso

This counter has started correcting

 from 106.70 high on 12.12.12.

It has completed 161.80 % Retracement

(measuring from low at 84.60.

on 21.11.12 to high at 106.70 on 12.12.12.

69-71 is a good support zone.

Trader can enter long in this region with

price expectation of 76-79 area.

Emami Ltd.

Closing : 622.

On 12th Feb 13 made breakout of 600 region.

Since then consolidated for 3-4 sessions.

Traders can enter long with sl below 613 for

Target at 644-652.

LIC HOUSING FIN

LIC Housing fin.

This counter kissed 300 on 02.01.13

since then witnessed sharp fall.

As per fib ratios 242-240 is good support zone.

( Measuring 261.80 % ret from 290.45 high

on 04.02.13 to 272.45 low on 24.01.13).

During this pullback price may rally up to 250-254.

BAJAJHLDNG

Bajaj Holding & Inv

Support at 954-956.

Sell on break below 950.

Target = 940-934-928.

Exit short above 956.

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Nifty FUT Trade Setup For 18 February 2013

nifty-futures

Nifty Future

(Updated on 18-02-2013 at 07.35 AM)

On Friday written if trades below support

at 5885, see panic up to 5835.

Nifty fut made low at 5858 and bounced off

and closed at 5892.65.

Now for Today……..

Support at 5880-5873 for intraday.

Hurdle at 5904-5912.

Crossover above 5912 with sustained vol

and price expect rally up to 5928-5943.

If trades below 5973 then NF may again dip

lower up to 5858-5838.

Strong hurdle at 5960-5970.

Major support at 5835-5818 zone.

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Nifty FUT Trade Setup For 15 February 2013

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Nifty Future

(Updated on 15-02-2013 at 07.55 AM)

Yesterday boldly mentioned that it was

less likely to sustain above 5952.

Nifty fut made high at 5950 and plunged.

Now for today……….

Hurdle at 5918-5924.

Support @ 5892-5885 for intraday.

If trades below 5885 may trigger

panic selloff up to 5835-5816.

Trading above 5925 may rally up to 5937-5946.

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Nifty FUT Trade Setup For 14 February 2013

nifty-futures

THOUGHT FOR TODAY 

Give Happiness Great souls take advantage of every moment and every opportunity to give happiness to others through kindness in their thoughts; such souls are willing to overlook weaknesses and mistakes and have the desire to help everyone reach their potential.  

Nifty Future

(Updated on 14-02-2013 at 07.55 AM)

Yesterday written that above 5947 Nifty

fut would see higher levels up to 5970-5975.

Nifty fut made high at 5979.

Support at 5923-5915 for intraday.

Break below 5915 may take up to 5903-5890.

Last hope at 5890 for reversal.

If trades below 5890 and sustains for 15-20 minutes

then see panic selloff up to 5835-5816.

Above 5945-5952 may see 5964-5972

Up trends likely to continue only if hurdle at 5770-5775

is decisively breached with vol.

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Nifty FUT Trade Setup For 13 February 2013

nifty-futures

THOUGHT FOR TODAY 
——————————
Patience
Patience teaches you not to push, but rather to wait and appreciate the game of life, knowing that nothing remains the same and everything will change at some point.

Nifty Future

(Updated on 13-02-2013 at 07.40 AM)

Yesterday boldly written that Nifty fut is likely to

form low for short term trend close to 5900 which

seems good psychological support.

Just see it made low at 5903 and formed high at 5947.25

close to our written level i.e 5950.

Now for Today…….

Intraday support at 5930-5924.

Crossover 5947 may take NF up to 5958-5965.

Hurdle at 5965-5975.

If trades above 5970-5975 with decisive vol and sustained

price then get ready to see leap up to 5995-6013.

Break below 5924 may drag up to 5909-5900.

crucial and major support at 5900-5890 zone.

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Nifty FUT Trade Setup For 12 February 2013

nifty-futures

THOUGHT FOR TODAY 

As without, So Within We live in the age of ‘busy’ Busy people not only do a lot, they think a lot. The origins of ‘busy’ are mental. Mental tiredness is a symptom of the self going against the grain of the truth about the self. Being lost in thought, thinking constantly about things to do, what’s been done, what could have been done, what was done wrong, what should have been done but wasn’t, what others did, are doing, should do, must do, is not only tiring and a brilliant way to waste energy, If you would learn to meditate and thereby turn the eye of your attention and awareness within, if you would let your mind be quiet and allow your being to be still, you would rediscover, ‘as without, so within’. You would realize outer space is but a reflection of inner space. Both are vast and infinite spaciousness.

Nifty Future

(Updated on 12-02-2013 at 07.40 AM)

On Friday We clearly written that Nifty fut

would see panic up to 5902 level.

Nifty fut for Today.

Nifty fut seems to be taking support

near 5900 levels As long as It holds 5900 levels

market may trade to consolidate for 1-2 sessions

and face Resistance near 5950.

Hurdle at 5970-5990 zone.

If Trades below 5889 then 

expect panic up to 5831-5818.

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