Thursday, July 31, 2008

TECHNICAL OUTLOOK, 31 JULY


DAILY NEWSLETTER


D Sathia Moorthy


Nifty 4313.55


Click here for short term technical view of stocks



Short term Technical View of Nifty


Now, the level 4150 is the crucial level in the short term. If Nifty doesn’t go below this level here after, then the low of 3790 would be the medium term bottom.


As long as it stays above this level, the short term trend would remain bullish and in the upper side it is likely to move above 4600 in coming weeks.

Instead, if it fails to hold above 4150, then a decline towards 4000 level is likely.



Extreme Short term view of Nifty

In the extreme short term, the level 4250 is crucial. As long as it trades above this level, the trend would remain bullish. If it fails to move above this level, then the trend is likely to turn bearish.



Nifty Intraday trading levels

Today, if Nifty sustains above 4350, then it could test 4450. Instead, if it fails to sustain above 4350, then it is likely to test 4250.


Trading Strategy for Nifty

Now the crucial level is 4350. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Wednesday, July 30, 2008

TECHNICAL OUTLOOK, 30 JULY


DAILY NEWSLETTER


D Sathia Moorthy

Nifty 4332.10

Click here for short term trading levels of Stocks


Short term Technical View of Nifty



Now, the level 4150 is the crucial level in the short term. If Nifty doesn’t go below this level here after, then the low of 3790 would be the medium term bottom.


As long as it stays above this level, the short term trend would remain bullish and in the upper side it is likely to move above 4600 in coming weeks.

Instead, if it fails to hold above 4150, then a decline towards 4000 level is likely.



Extreme Short term view of Nifty

In the extreme short term, the level 4250 is crucial. As long as it trades above this level, the trend would remain bullish. If it fails to move above this level, then the trend is likely to turn bearish.



Nifty Intraday trading levels

Today, if Nifty sustains above 4150, then it could test 4250 and above this level, it is likely to test 4350. Instead, if it fails to sustain above 4250, then it is likely to test 4100.


Trading Strategy for Nifty

Now the crucial level is 4250. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Tuesday, July 29, 2008

TECHNICAL OUTLOOK, 29 JULY


DAILY NEWSLETTER


D Sathia Moorthy

Nifty 4332.10


Click here for short term trading levels for stocks



Short term Technical View of Nifty

Now, the level 4200 is the crucial level in the short term. If Nifty doesn’t go below this level here after, then the low of 3790 would be the medium term bottom.


As long as it stays above this level, the short term trend would remain bullish and in the upper side it is likely to move above 4600 in coming weeks.

Instead, if it fails to hold above 4200, then a decline towards 3600 level is likely.



Extreme Short term view of Nifty

In the extreme short term, the level 4200 is crucial. As long as it trades above this level, the trend would remain bullish.



Nifty Intraday trading levels

Today, if Nifty sustains below 4300, then it could test 4200. Instead, if it moves above 4350, then it is likely to test 4450.




Trading Strategy for Nifty

Now the crucial level is 4200. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.





Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Monday, July 28, 2008

TECHNICAL OUTLOOK, 28 JULY


DAILY NEWSLETTER


D Sathia Moorthy



Nifty 4311.85


Short term Trading levels of Stocks



Short term Technical View of Nifty



Now, the level 4200 is the crucial level in the short term. If Nifty doesn’t go below this level here after, then the low of 3790 would be the medium term bottom.


As long as it stays above this level, the short term trend would remain bullish and in the upper side it is likely to move above 4600 in coming weeks.

Instead, if it fails to hold above 4200, then a decline towards 3600 level is likely.


Extreme Short term view of Nifty

In the extreme short term, the level 4200 is crucial. As long as it trades above this level, the trend would remain bullish.



Nifty Intraday trading levels

Today, if Nifty sustains below 4300, then it could test 4240 and below this level it could test 4200. Instead, if it moves above 4320, then it is likely to test 4450.




Trading Strategy for Nifty

Now the crucial level is 4200. Be long above this level and be short below this level.





Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Friday, July 25, 2008

TECHNICAL OUTLOOK, 25 JULY


DAILY NEWSLETTER


D Sathia Moorthy



Nifty 4433.55


Short term Technical View of Nifty

Now, the level 4200 is the crucial level in the short term. If Nifty doest go below this level here after, then the low of 3790 would be the medium term bottom.

If Nifty consolidates or sustains above the recent gap up level of 4370, then Nifty has a target of 5000 and above in coming weeks before going for a correction.

Instead, if it fails to hold above 4350, then a decline to 4200 is likely.



Extreme Short term view of Nifty

In the extreme short term, the level 4350 is crucial. As long as it trades above this level, the trend would remain bullish.



Nifty Intraday trading levels

Today, if Nifty sustains above 4350, then it could test 4475. Below 4350, it could decline towards 4300.


Trading Strategy for Nifty

Now the crucial level is 4350. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Thursday, July 24, 2008

TECHNICAL OUTLOOK, 24 JULY


DAILY NEWSLETTER


D Sathia Moorthy



Nifty 4476.80




Short term Technical View of Nifty


Now, the level 4200 is the crucial level in the short term. If Nifty doest go below this level here after, then the low of 3790 would be the medium term bottom.

If Nifty consolidates or sustains above the recent gap up level of 4370, then Nifty has a target of 5000 and above in coming weeks before going for a correction.

Instead, if it fails to hold above 4350, then a decline to 4200 is likely.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 4350 is crucial. As long as it trades above this level, the trend would remain bullish. If it sustains above 4490, then it is likely to test 4600.



Nifty Intraday trading levels

Today, if Nifty trades above 4490, then it could test 4600. Instead, if it fails to sustain above 4490, then it is likely to decline towards 4420.



Trading Strategy for Nifty

Now the crucial level is 4490. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Wednesday, July 23, 2008

TECHNICAL OUTLOOK, 23 JULY



DAILY NEWSLETTER


D Sathia Moorthy


Nifty 4159.50


Short term Technical View of Nifty


Nifty is likely to test 4400-4450 level in the short term and it is likely to see a consolidation or a correction from that level.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 4260 is crucial. As long as it trades above this level, it is likely to test 4400-4450.


Nifty Intraday trading levels

Today, if Nifty trades above 4260, then it could test 4215, and above this level it could test 4350 and above this level it could test 4400.



Trading Strategy for Nifty

Now the crucial level is 4260. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Tuesday, July 22, 2008

TECHNICAL OUTLOOK, 22 JULY


DAILY NEWSLETTER


D Sathia Moorthy


Nifty 4159.50


Short term Technical View of Nifty



If Nifty sustains above 4200, then the short term trend is likely to turn bullish further and in the upper side it could test 4500 in coming trading sessions. Instead, if it fails to sustain above 4200 in coming trading sessions, then a decline is towards 4000 is likely.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 4000 and 4200 are crucial. Break out of either side would decide the extreme short term movement.



Nifty Intraday trading levels

Today, if Nifty trades above 4120, then it could test 4215, and above this level it could test 4300. Instead, if it fails to sustain above 4215, then it could decline towards 4050.




Trading Strategy for Nifty

Now the crucial level is 4215. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Monday, July 21, 2008

TECHNICAL OUTLOOK, 21 JULY



DAILY NEWSLETTER


D Sathia Moorthy


short term trading levels of individual stocks


Nifty 4092.25



Short term Technical View of Nifty


If Nifty sustains above 4200, then the short term trend is likely to turn bullish further. Instead, if it fails to sustain above 4200 in coming trading sessions, then a decline is towards 4000 is likely.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 4000 and 4200 are crucial. Break out of either side would decide the extreme short term movement.



Nifty Intraday trading levels

Today, if Nifty trades above 4075, then it could test 4150, and above this level it could test 4200. Instead, if it fails to sustain above 4075, then it could decline towards 4025.




Trading Strategy for Nifty

Now the crucial level is 4000. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Friday, July 18, 2008

TECHNICAL OUTLOOK, 18 JULY


DAILY NEWSLETTER


D Sathia Moorthy


Nifty 3816.70


Short term Technical View of Nifty



If Nifty sustains above 3920, and moves above 4000, then it is likely to move towards 4200. Instead, if it fails to move above 4000, then a decline to 3800 is likely.The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 3920 and 4000 are crucial. Break out of either side would decide the extreme short term movement.



Nifty Intraday trading levels

Today, if Nifty trades above 3920, then it could test 4000, and above this level it could test 4100. Instead, if it fails to clear 4000, then it could decline towards 3880.




Trading Strategy for Nifty

Now the crucial level is 4000. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Thursday, July 17, 2008

TECHNICAL OUTLOOK, 17 JULY


DAILY NEWSLETTER


D Sathia Moorthy


Nifty 3816.70


Short term Technical View of Nifty



If Nifty fails to hold above 3780, then a decline to 3600 is likely. Instead, if it moves above 3920, then a rally towards 4200 is likely.The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 3720 and 3920 are crucial. Break out of either side would decide the extreme short term movement.



Nifty Intraday trading levels

Today, if Nifty trades above 3780, then it could test 3850 and above this level it could test 3920. Instead, if it trades below 3780, then it could decline towards 3700.




Trading Strategy for Nifty

Now the crucial level is 3920. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Wednesday, July 16, 2008

TECHNICAL OUTLOOK, 16 JULY


DAILY NEWSLETTER


D Sathia Moorthy


Nifty 4039.70


Short term Technical View of Nifty



Nifty has violated 3900, and it seems it is likely to test 3600, if it fails to hold above 3780.The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 3900 is crucial. The trend is likely to remain bearish as long as it stays above this level.



Nifty Intraday trading levels

Today, if Nifty trades below 3900, then it could test 3780 and below this level it could test 3700. Instead, if it trades above 3900, then it could test 3950.




Trading Strategy for Nifty

Now the crucial level is 3900. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Tuesday, July 15, 2008

TECHNICAL OUTLOOK, 15 JULY



DAILY NEWSLETTER


D Sathia Moorthy


Nifty 4039.70


Short term Technical View of Nifty



Nifty is making an expanding pattern with higher bottoms and the last leg made a bottom of 3986. So, if that level is not violated, then short term trend would remain bullish. If it fails to hold above this region, then it has possibility of testing 3600 level.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 4020 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday trading levels

Today, if Nifty trades above 4020, then it could test 4085 and above 4085, it could test 4150. Instead, if it trades below 4020, then it could test 3920.




Trading Strategy for Nifty

Now the crucial level is 4020. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Monday, July 14, 2008

TECHNICAL OUTLOOK, 14 JULY



DAILY NEWSLETTER


D Sathia Moorthy


14 July, 2008


Nifty 4049.00


Short term Technical View of Nifty

Nifty is making a expanding pattern with higher bottoms and the last leg made a bottom of 3986. So, if that level is not violated, then short term trend would remain bullish, If it fails to hold above this region, then it has possibility of testing 3600 level.

The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.



Extreme Short term view of Nifty

In the extreme short term, the level 3900 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday trading levels

Today, if Nifty trades above 4100, then it could test 4180. Instead, if it trades below 4050, then it could test 3950.



Trading Strategy for Nifty

Now the crucial level is 4050. Be long above this level and be short below this level.




Medium term outlook of Nifty dated on 02 July 2008


The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.



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Friday, July 11, 2008

TECHNICAL OUTLOOK, 11 JULY



D Sathia Moorthy


Click here for Short term Outlook of Bharte Tele


Nifty 4162.20


Short term Technical View of Nifty



As long as Nifty stays above 4080, the Short term trend would remain bullish and it could test 4500 in the upside. If it fails to hold above this level, then it could decline to 3950 level.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.




Extreme Short term view of Nifty

In the extreme short term, the level 4080 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday trading levels

Today, if Nifty trades above 4180, then it could test 4250. Instead, if it trades below 4145, then it could test 4080.




Trading Strategy for Nifty

Now the crucial level is 4180. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Thursday, July 10, 2008

TECHNICAL OUTLOOK, 10 JULY


D SATHIA MOORTHY


DAILY NEWSLETTER


Nifty 4157.10


Short term Technical View



As long as Nifty stays above 4080, then Short term trend would remain bullish and it could test 4500 in the upside. If it fails to hold above this level, then it could decline to 3950 level.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.




Extreme Short term view

In the extreme short term, the level 4080 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday levels

Today, if Nifty trades above 4130, then it could test 4250. Instead, if it trades below 4130, then it could test 4080.




Trading Strategy for Nifty

Now the crucial level is 4080. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Wednesday, July 09, 2008

TECHNICAL OUTLOOK, 9 JULY


DAILY NEWSLETTER


D Sathia Moorthy


Click here for Rolta Outlook


Nifty 3988.55


Short term



A move above 4100 would impart short term bullishness in the market and it could test 4500 in the upside. Nifty has started making expanding pattern with each leg making a higher bottom. Now the last downside leg made a low of 3896.

So, unless this level is violated, the short term trend in the market is likely to be bullish and it is likely that Nifty is likely to move above 4100 in coming trading sessions.


The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.


As long as Nifty sustains above this level, long term trend of the Market would be bullish and it is likely to exceed the high of 6350 in coming years.




Extreme Short term

In the extreme short term, the level 3900 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday levels

Today, if Nifty trades above 4020, then it could test 4120 and above this level, it is likely to test 4180. Instead, if it trades below 3950, then it could test 3920.




Trading Strategy for Nifty

Now the crucial level is 3900. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.




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Tuesday, July 08, 2008

TECHNICAL OUTLOOK, 8 JULY


DAILY NEWSLETTER



Click here for Infosys Outlook



Nifty 4030.00


Short term



A move above 4100 would impart short term bullishness in the market and it could test 4500 in the upside. It seems it is likely to remain range bound between 4100 and 3970 before moving above 4100.



The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.


As long as Nifty sustains above this level, long term trend of the Market would be bullish and it is likely to exceed the high of 6350 in coming years.




Extreme Short term

In the extreme short term, the level 3970 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday levels

Today, if Nifty trades above 4060, then it could test 4110 and above this level, it is likely to test 4180. Instead, if it trades below 4060, then it could test 3970.




Trading Strategy

Now the crucial level is 3970. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Monday, July 07, 2008

TECHNICAL OUTLOOK, 7 JULY


DAILY NEWSLETTER


Nifty 4016.00




Short term

A move above 4100 would impart short term bullishness in the market and it could test 4500 in the upside.



The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.


As long as Nifty sustains above this level, long term trend of the Market would be bullish and it is likely to exceed the high of 6350 in coming years.




Extreme Short term

In the extreme short term, the level 3970 is crucial. The trend is likely to remain bullish as long as it stays above this level.



Nifty Intraday levels

Today, if Nifty trades above 4030, then it could test 4110 and above this level, it is likely to test 4180. Instead, if it trades below 3970, then it could test 3900.




Trading Strategy

Now the crucial level is 3970. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.






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Friday, July 04, 2008

TECHNICAL OUTLOOK, 4 JULY



DAILY NEWSLETTER


Short tem outlook of Orchid chem


Nifty 3925.75


Short term



Nifty is likely to remain in between 4025 and 3900 for one or two trading sessions before moving above 4100.



The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.


As long as Nifty sustains above this level, long term trend of the Market would be bullish and it is likely to exceed the high of 6350 in coming years.




Extreme Short term

In the extreme short term, the levels 3800 and 4100 are crucial.



Intraday

Today, if Nifty trades below 3900, then it could test 3850. Instead, if it trades 3900 then it could test 4025.




Trading Strategy

Now the crucial level is 3800. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.




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Thursday, July 03, 2008

TECHNICAL OUTLOOK, 3 JULY


DAILY NEWSLETTER


Short term outlook of Reliance

Nifty Chart


Nifty 4093.35



Short term

If Nifty sustains above 4100, then it could test 4450 in coming trading sessions. In the downside, if it fails to hold above 3970, then it could test 3800.



The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.


As long as Nifty sustains above this level, long term trend of the Market would be bullish and it is likely to exceed the high of 6350 in coming years.




Extreme Short term

In the extreme short term, the levels 3970 and 4100 are crucial.



Intraday

Today, if Nifty trades above 4100 then it could test 4250. Instead, if it trades below 4100, then it could test 4020.




Trading Strategy

Now the crucial level is 3970. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.




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Wednesday, July 02, 2008

TECHNICAL OUTLOOK, 2 JULY


DAILY NEWSLETTER


Nifty 3896.75

Click here for Nifty Chart



Short term

The level 3950 was violated by Nifty. The last crucial level for the Nifty is 3600-3775. As long as Nifty stays above this level, the long term and Medium term bull trend of the market would be intact.

Even if this level is violated, the long term trend of the market would turn bearish.

As long as Nifty sustains above this level, long term trend of the Market would be bullish and it is likely to exceed the high of 6350 in coming years.




Extreme Short term

In the extreme short term, the levels 3780 and 4100 are crucial.



Intraday

Today, if Nifty trades above 3950 then it could test 4100. Instead, if it trades below 3950, then it could test 3800.




Trading Strategy

Now the crucial level is 3950. Be long above this level and be short below this level.






Medium term outlook of Nifty dated on 02 July 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3600.



Long term outlook of Nifty dated on 02 July 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3600.




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Tuesday, July 01, 2008

TECHNICAL OUTLOOK, 1 JULY


DAILY NEWSLETTER


Nifty 4040.55


Short term

Nifty is likely to bottom out around 3950-4000 levels.


Nifty is in the process of bottom formation. Any bounce back from current levels should move above 4350, to confirm the bottom.

As long as Nifty stays above May 2006 high of 3750, the long term trend and medium term bull trend of the market would be intact.




Extreme Short term

In the extreme short term, the level 3950 is crucial.



Intraday

Today, if Nifty trades below 4060 then it could test 3950. Instead, if it trades above 4060, then it could test 4140.




Trading Strategy

Now the crucial level is 3950. Initiate longs with a stop at 3900.





Medium term outlook of Nifty dated on 25 June 2008

The medium term outlook of Nifty has turned bullish and it is likely to move towards 5500 by this year end and this view holds good as long as Nifty stays above 3950.



Long term outlook of Nifty dated on 25 June 2008

The long term outlook of Nifty is looking bullish and it seems that Nifty is in the middle of this bull run. So, the bull run is likely to continue for another 4 to 5 years and this view holds good as long as Nifty stays above 3950.



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