nifty trading tips

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Nifty Future has two Opportunities – find which is your

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This is just a brief update;

Now I know that as long downside action is corrective bulls will buy the dip so no chance of kicking off the overdue correction as long as bears do not achieve an impulsive decline.

I am not going to review all the Bullish arguments, but I want to show you the huge bullishness as per indicators and technical theories. Just watch chart, suppose to break/Close 5882…then big correction possible in markets…

I will update for subscribers more details.

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Nifty Future Chart updated on 6-2-2013

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Nifty FUT Trade Setup For 6 February 2013

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nifty-futures

Nifty Future

(Updated on 06-02-2013 at 07.40 AM)

Yesterday written break below 5978 Nifty fut

would deep up to 5959.

Nifty fut made low at 5964 and closed at 5974.45.

Now for today…

Support @ 5967-5963 for intraday.

If trades above 5977-5981 NF

may rally up to 6000-60015.

Hurdle at 6011-6020.

Crucial support at 5940.

Break down below may take up to 5915.

Likely to consolidate between 6000-5960 and 

will not break below 5960.

Closing above 6040 may revive uptrend.

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Share Tips for Banknifty Sopt, ONGC, Tech Mahindra, PNB & Shri Ram Transport fin

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BANK-NIFTY

Banknifty spot

Bears will be strong below 12660.

Break below 12523 Expect nonstop

panic up to 12419-12331-12226.

ONGC

Below 330 Bears will dominate the short term trend.

Break below 324 except slide up to 320-318.

Shriram-Transport-Finance

Shri Ram Transport fin.

Buyers zone at 768-764

Expect Bounce up to 780

Support at 767-763.

Break below may take 754-744.

Tech Mahindra

Hurdle at 997-1005

If break below 984 and sustains for 20-30 minutes

then expect sell off up to 968.

PNB

Sell below 877

Non stop slide up to 862-855.

Exit short above 892

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Nifty FUT Trade Setup For 5 February 2013

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nifty-futures

THOUGHT FOR TODAY 

Relationships With Others A sensible person knows it is a waste of time and energy to get angry. Effort will then have to be made to reconstruct that relationship. It is much more useful to breathe deeply, pay attention to your attitude and answer without rushing. In this way, improve and strengthen your relationships with others. Create trust and your mistakes will be forgiven.  

Nifty Spot

(Updated on 05-02-2013 at 08.20 AM)

We have repeatedly written that Market has

been tired and week below 6075.

Yesterday, written that Nifty spot would not make successful

crossover above 6035 and fall down below if not

able to crossover above 6035. Also mentioned that

it has support at 5982.

Nifty spot made high at 6038 and declined to 5981.25.

Now for Nifty Future

No Rise likely to sustain below 6075.

Path of great resistance up to 6025-6033.

Hurdle at 6013-6025.

Break below 5978 Expect panic selloff

up to 5959-5933-5911.

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Nifty Spot Analysis Update

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nifty-futures

THOUGHT FOR TODAY

The Power of Thoughts Thoughts are more powerful than actions because they are the creators of actions. You have to keep in mind that the thought-waves of your good wishes and pure feelings, your vibrations of peace and love, can once again bring harmony in nature and happiness in the world.  

Nifty Spot

(Updated on 04-02-2013 at 07.40 AM)

As projected on Friday Nifty spot faced

resistance at 6051 made vertical dive below 6022

and made low at 5983 and closed at 5998.90.

Support at 5982-5972 for intraday.

If breaks below 5972 and trades below for 20

minutes then expect slide up to 5955-5933.

Hurdle at 6022-6032.

With Successful crossover above 6035

with volumes, Nifty may resume uptrend

up to 6052-6070

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