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Tuesday, February 15, 2011

Tuesday Closing Report

The immediate resistance remains at 5,555 on the Nifty and 18,500 on the Sensex 
The Nifty opened on a positive note today, 12 points up, at 5,468. However, the index immediately slipped in the negative to touch an intra-day low of 5,408. The Sensex hit an intra-day low of 18,050. Buying resumed immediately and the two benchmarks made a new seven-day intra-day high of 5,507 and 18,362, respectively. The Nifty's intra-day high touched the 20-day moving average. The 301-point loss on the Nifty between 4 February 2011 and 10 February has been covered up to the extent of 255 points in just three days of gains from 11 February.
The Nifty broke another level of resistance at 5,480 and closed 25 points up at 5,481, while the Sensex ended 72 points up at 18,274. The advance-decline ratio on the National Stock Exchange was 1016:806. The Nifty's next resistance is at 5,555. As we mentioned yesterday, if this level too is crossed in the next two days, the market will move up substantially-towards 5,700 and 5,800. 

Tuesday, February 8, 2011

RESISITENCE AND SUPPORT FOR 8 FEB 2011

NIFTY
PIVOT POINTS
R1-5432
R2-5468
R3-5496
PIVOT-5404
S1-5368
S2-5341
S3-5305
MOVING AVERAGES
SMA-7: 5455.11  
SMA-13: 5563.07  
SMA-26: 5729.09  
SMA-50: 5832.71  
SMA-200: 5626.89
EMA-12: 5534.00
EMA-26: 5665.31 
EMA-50: 5773.72  
EMA-200: 5636.78  
MACD: -131.31

BANKNIFTY
PIVOT POINTS
R1-10478
R2-10572
R3-10633
PIVOT-10416
S1-10322
S2-10260
S3-10167
MOVING AVERAGES
SMA-7: 10522.85  
SMA-13: 10666.39  
SMA-26: 10858.52  
SMA-50: 11234.62  
SMA-200:10928.35
EMA-12: 10614.42 
EMA-26: 10840.84  
EMA-50: 11148.36  
EMA-200: 10880.13  
MACD: -226.42
NB:-R=RESISTANCE S=SUPPORT

Monday, January 31, 2011

WEEK AHEAD 31.01.2011--04.02.2011

WEEK

31-01-11 to 04-02-11



NIFTY RANGE

5460-5700



CRUCIAL

SUPPORT 5460 & RESISTANCE 5530



APPROACH

Stay side and avoid taking large directional bets



STRATEGY

Buy quality stock on every decline



MARKET TREND

Things could get worse – Uncertainty prevails



MARKET OUTLOOK

One has to brace for high volatility as well
  
         FACTORS
Q-3 Earning, Economic Data & FII Flow

          IMPORTANT
Take a stock centric approach and be extra careful

Ø   OUT-LOOK:

Monday, October 18, 2010

WEEKLY REPORT 18-10-10 to 22-10-10

WEEK
18-10-10 to 22-10-10
NIFTY RANGE
5900-6200
CRUCIAL
SUPPORT 5960 & RESISTANCE 6120
APPROACH
Stay sideways till stability
STRATEGY
Be Stock specific
MARKET TREND
We don’t think it’s a very trending market
MARKET OUTLOOK
'Undertone' of the Market, become un-clear
FACTORS
Q-2 Earning, Global cues & Fund Flow
IMPORTANT
Focus on individual stocks as the focus shifts to Q2 results
  • OUT-LOOK:

Wednesday, September 22, 2010

Dr. Rakesh Jhunjhunwala Recommendation Committee



My life has been so busy the past week. I had to deal with a Sensex that kept changing as many times as Himesh Reshammiya's hairstyle. Then I had to go on every TV channel from NDTV to CNN-IBN to CNBC & UTVi. I had to make appearances even on Fashion TV, Pogo, Nickelodeon and Aastha channel. All of this had to be done because as a market genius I am required by law to spread my infinite knowledge through the television medium especially when there's a crisis.

Wednesday, June 30, 2010

MARKET 30JUNE2010




.

S 25192.05

.

S 15224.1

.

Pivot*5267.85*

.

R 15299.9

.

R 25343.65

NSE 5333.5

BSE 17534.09

SMA/EMA

50 DMA

5142/5164

17140/17223

SMA/EMA

100DMA

5116/5120

17070/17079

SMA/EMA

200DMA

5068/4957

16920/16518

ADVANCE

DECLINE

RAIO

A/D RATIO

BSE

608

1088

0.56

A/D RATIO

NSE

389

929

0.42

Wednesday, June 16, 2010

Friday, June 11, 2010

market @ close 11 june 2010



Sensex ends above 17K on global cues; RIL, BHEL lead

RIL acquires majority stake in Infotel Broadband

In a bid to enter the telecoms sector, Reliance Industries (RIL) is learnt to have acquired a majority stake in Infotel Broadband, reports CNBC-TV18 quoting sources.

NIFTY VALUES as on 10/06/2010

     NIFTY VALUES  as on 10/06/2010
     
    Index
    Open
    High
    Low
    Close
    CASH
    4999.60
    5085.20
    4997.60
    5078.60
    NIFTY-JUN
    5008.20
    5093.50
    5005.00
    5086.10
    MINIFTY-JUN
    5010.00
    5093.00
    4996.20
    5085.50

Tuesday, May 25, 2010

nifty 25may2010



Monday, May 24, 2010

Nikkei Slips Despite Buying Support


By Colin Twiggs
May 24, 2010 6:00 a.m. ET (8:00 p.m. AET)

These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use.



Most markets display signs of short-term buying support, indicating a bear rally. This is likely to be a temporary pause rather than an end to the correction. South Korea and Japan, affected by heightened tensions with North Korea, failed, however, to join in — the Nikkei 225 signaling a primary down-trend.

Commodities & Resources Stocks

The Baltic Dry Index is advancing toward 4650. Rising demand for dry bulk shipping — primarily iron ore and coal — is at odds with the down-turn in Chinese stock markets, but the lag can last several months. Breakout above 4650 would confirm the primary up-trend, while reversal below 2900 would warn of a primary down-trend — if confirmed by the Baltic Panamax Index.

Baltic Dry Index

USA

Dow Jones Industrial Average

A strong close on Friday indicates a Dow rally to test 10700. Twiggs Money Flow (21-day) recovery above the declining trendline would confirm.

Dow Jones Industrial Average

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S&P 500 Canada: TSX UK: FTSE
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Germany: DAX India: Sensex Japan: Nikkei 225
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South Korea: KOSPI China: Shanghai Composite Australia: All Ordinaries