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Comparison of Nifty Spot with difference indexes…
Nifty future and Indian VIX with Moving average of Nifty future…which in Sell mode.
NIFTY Daily chart shows a range at the top. Break of the smaller range may lead to a bigger move…
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Nifty Future
(Updated on 20-12-2012 at 08.10 AM)
5956-5963 intraday hurdle.
Crossover with sustained vol and price will boost
the sentiment and confidence.
Expect 5984-6005 above 5973.
5936-5930 intraday support.
5922-5915 Crucial support.
Break below 5910 Expect 5895.
5895-5886 last hope for reversal.
Decisive break below will take 5865-5850
Daily + weekly closing above 6008
will take Nifty fut up to 6200.
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THOUGHT FOR TODAY —————————— Letting Go Of Sorrow If I allow bitterness and resentment to fester inside, it will make my relationships guarded and unsatisfying. The more I close down to others, the more I become a stranger to myself. By letting go of sorrow and negativity, I can keep my nature open and loving. Remaining open to life, with its constant adventures and opportunities to grow, is the only way to reach my full potential.
Nifty Spot
(Updated on 19-12-2012 at 08.10 AM)
Yesterday clearly mentioned break below
5865 NF might touch 5832.
Nifty fut dipped to 5838.05 and took U turn.
Now for Today……….
As mentioned yesterday above 5927 bulls will clearly
dominate the trend and crossover 5955 will accelerate
upward march to move closer to 5984-6009 mark.
5886-5902 intraday support.
5832-5850 good support for the short term trend.
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THOUGHT FOR TODAY
——————————
The Final Analysis
People are often unreasonable, self-centered: Forgive them anyway. If you are Honest, people may cheat you, but be Honest anyway. What you spend years to build, someone could destroy overnight. Build anyway. The good you do today, people will often forget tomorrow. Do Good anyway. You see, in the final analysis it is between you and God; it was never between you and them anyway.
Nifty Future
(Updated on 18-12-2012 at 07.40 AM)
5886-5879 Intraday support zone.
Break below 5879 may take Nifty fut up to 5870-5865.
5860-5861 is a Crucial support zone.
Break below 5860 and if sustains with volumes
then slide up to 5843-5832.
Below 5832 Negative news may trigger more weakness
up to 5802-5784.
Crossover above 5892-5895 will take NF up to 5909.
If sustains above 5909 with volume, expect 5927-5957-5975.
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THOUGHT FOR TODAY
——————————
Love All
Love can never be exclusive. The sun does not choose to shine on some flowers in the garden and not others. Love is inclusive and has many faces – caring, listening, sharing from the heart, just accepting someone for what they are right now, are all acts of love, as long as you seek nothing in return. It all starts with acceptance of yourself – you’re just fine as you are right now, warts and all. It’s not that you will stay that way for ever – but you might, if you don’t accept. The secret key to the greatest door called love is acceptance. First your self, then others (especially the ones you currently resist) and eventually …all.
(Updated on 17-12-2012 at 07.40 AM)
On Friday Mentioned to expect 5928 above 5915
Nifty fut made high at 5922.90 and closed at 5914.80
Weekly View For Nifty spot
5849-5831 Crucial support.
5909-5927 Resistance zone.
closing above 5927 expect Rally upto 5957-5975-6005.
5810-5785 major Resistance.
Daily View for Nifty Fut
5895-5902 Intraday support.
crossover above 5927 Expect 5940-5953-5966.
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THOUGHT FOR TODAY
——————————
An angel is a guest for he cleans up behind him. Where there has been misunderstanding he returns to clarify; where there has been hatred he offers love. He is never without gifts and always without burden.
Nifty Future
(Updated on 14-12-2012 at 07.40 AM)
In last post we have written that weakness has set in
and not able to move up above 5950-5957 and
break below 5915 would trigger selloff.
Just see it went up to 5939 and fell vertically up to 5865.
Mow for Today……….
5892-5909 is hurdle zone.
Less likely to sustain above this levels with volumes.
Break below 5859 expect slide up to 5839-5831.
If sustains below 5816 with volumes then more panic
up to 5802-5794 may not be ruled out.
Crossover above 5915 expect upside up to 5928-5934.
But short term Trend is slight negative and corrective phase.
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