Wednesday, January 31, 2007

TECHNICAL OUTLOOK 31 JANUARY



Nifty 4124.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.





DELIVERY CALL

Greenply Inds 127.85

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 160 in coming weeks. Buy on decline towards 115 with a stop at 105.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517

www.waveriders.in

asksathia@hotmail.com

Monday, January 29, 2007

TECHNICAL OUTLOOK 29 JANUARY


Nifty 4147.70

Nifty never violated 4055 level and moved up towards 4200. As mentioned earlier, it is likely to test 4200-4220 level before going in for a minor correction. And this view holds good as long as Nifty sustains above 4050.

In the extreme short term, if Nifty sustains above 4100, it is likely to test 4200.

Today, if Nifty sustains above 4120, it has potential of testing 4180 and above 4180, it could test 4200.



Now the broad stop loss for the longs is 4050.



Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.





Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.





CONTACT

9381203517

www.waveriders.in

asksathia@hotmail.com





Thursday, January 25, 2007

TECHNICAL OUTLOOK 25 JANUARY



Nifty 4089.90


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.



DELIVERY CALL



Chennai Petro 224.65

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 300 in coming weeks. Buy on decline with a stop at 205.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




9381203517

www.waveriders.in

asksathia@hotmail.com



Wednesday, January 24, 2007

TECHNICAL OUTLOOK 24 JANUARY



Nifty 4066.10


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for subscribers.





DELIVERY CALL

Apollo Tyres 364.90


The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 450 in coming weeks. Buy on decline with a stop at 340.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




9381203517

www.waveriders.in

asksathia@hotmail.com



Tuesday, January 23, 2007

TECHNICAL OUTLOOK 23 JANUARY



Nifty 4102.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.





DELIVERY CALL


Dishman 266.60

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 350 in coming weeks. Buy on decline with a stop at 235.




Medium term Outlook of Nifty (dated 01/11/2006)


The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517

www.waveriders.in


asksathia@hotmail.com

Monday, January 22, 2007

TECHNICAL OUTLOOK 22 JANUARY



Nifty 4090.15

Nifty corrected up to 4058 and now, if it sustains above 4100, then it is likely to resume its uptrend towards 4200. If Nifty fails to sustain above 4100, then in the downside it could test 4020. And as long as Nifty remains above 3980, the short term trend would remain bullish.

In the extreme short term, if Nifty sustains above 4100, it is likely to test 4200.

Today, if Nifty sustains above 4100, it is likely to test 4120 and above this level, it could test 4145. Instead, if it moves below 4080, then it could test 4055 and below this level it could test 4020.

Now the broad stop loss for the longs is 3980.




Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


9381203517

www.waveriders.in

asksathia@hotmail.com

Friday, January 19, 2007

TECHNICAL OUTLOOK 19 JANUARY


Nifty 4109.05

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL


Gujarat Ambuja Exports 36.35

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 50 in coming weeks. Buy on decline around 33 with a stop at 27.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




9381203517

www.waveriders.in

asksathia@hotmail.com

Thursday, January 18, 2007

TECHNICAL OUTLOOK 18 JANUARY



Nifty 4076.45


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


Iti Ltd 51.20

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 75 in coming weeks. Buy on decline with a stop at 42.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517

www.waveriders.in

asksathia@hotmail.com

Wednesday, January 17, 2007

TECHNICAL OUTLOOK 17 JANUARY



Nifty 4080.50


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


Century Enka 149.95

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 200 in coming weeks. Buy on decline with a stop at 135.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.




Contact



9381203517


www.waveriders.com


asksathia@hotmail.com

Tuesday, January 16, 2007

TECHNICAL OUTLOOK 16 JANUARY



Nifty 4078.40

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL

Bank of Rajasthan 42.90

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 70 in coming weeks. Buy on decline with a stop at 38.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


9381203517

www.waveriders.in

asksathia@hotmail.com

Friday, January 12, 2007

TECHNICAL OUTLOOK 12 JANUARY



Nifty 3942.25

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




DELIVERY CALL


IDBI 86.45

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 120 in coming weeks. Buy on decline with a stop at 77.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517

www.waveriders.in

asksathia@hotmail.com

Wednesday, January 10, 2007

TECHNICAL OUTLOOK 10 JANUARY



Nifty 3911.40


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL

Cinevista Commun 28.00

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 38 in coming weeks. Buy on decline towards 26 with a stop at 23.50.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


9381203517

www.waveriders.in

asksathia@hotmail.com

Monday, January 08, 2007

TECHNICAL OUTLOOK 08 JANUARY


Nifty 3983.40

Short term trend in Nifty is looking bullish, and it is likely to test 4100 initially in coming trading sessions. And this view holds good as long as Nifty sustains above 3920.

In the extreme short term, if it moves below 3975, it is likely to test 3940-3950 before embarking a rally towards 4050.

Today, if it trades below 3975, it is likely to decline towards 3940-3950 level and would be followed by an up move. Instead, if Nifty sustains above 3995, it is likely to test 4020.


Strategy

Fresh long positions can be initiated on decline with a stop at 3920 or on cross over above 3995 with a stop at 3970.

The next broad stop loss for all longs is 3870.


Full contents of our Daily Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.


Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517

www.waveriders.in

asksathia@hotmail.com





Friday, January 05, 2007

TECHNICAL OUTLOOK 05 JANUARY


Nifty 3988.80

Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.


DELIVERY CALL

Garden Silk 56.75

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 75 in coming weeks. Buy on decline towards 54 with a stop at 50.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517


www.waveriders.in


asksathia@hotmail.com

Thursday, January 04, 2007

TECHNICAL OUTLOOK 04 JANUARY



Nifty 4024.05


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.



DELIVERY CALL

Bank Of India 207.60

The scrip is in long term bull trend and it has good potential in the long run.

In medium term, chart indicates a rally towards 250 in coming weeks. Buy on with a stop at 180.



Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.



9381203517

www.waveriders.in

asksathia@hotmail.com



Wednesday, January 03, 2007

TECHNICAL OUTLOOK 03 JANUARY


Nifty 4007.40

Short term trend in Nifty is looking bullish, and it is likely to test 4070 initially in coming trading sessions. And this view holds good as long as Nifty sustains above 3920.

In the extreme short term, if Nifty sustains above 3985, is likely to test 4070. Instead, if it trades below 3985, it is likely to test 3950.

Today, if it sustains above 3985, it is likely to test 4030 and above 4030, it could test 4050.


Full contents of our Newsletter, including short term outlook of Nifty, short term trading calls, and delivery calls are available for paid subscribers. The charges are Rs 2500/- per month.




Medium term Outlook of Nifty (dated 01/11/2006)

The medium term trend in Nifty is looking bullish and it has potential of testing 4200 in coming months. And this view holds good as long as Nifty stays above 3600.

As the expected correction around 3800 level, is taking place as a running sideways correction, the present technical setup of Nifty suggests that there would be no major downside in the immediate future. And also if Nifty doesn’t violate 3600 level, we are likely to see a sharp up move towards the next medium term target in coming months.

Long term Investors can remain invested for the next medium term target of 4200 in coming months with a stop at 3600.


9381203517

www.waveriders.in

asksathia@hotmail.com