Short term trend is looking weak and it is likely to decline towards 35 levels in coming months if it fails to move above 46. Instead, if it moves above 46, then it is likely to rally towards 55.
In the long term if it fails to move below 30, then it is likely to test 55 in another 1 year.
Saturday, February 27, 2010
Short term and Long term Technical Outlook of TTML
In the short term it is likely to decline towards 18-19 levels and it likely to remain in downtrend till june. From that level, it is likely to see a rally for another 1 year with upside potential of 35 to 45 levels.
Exit this counter as long as it trades below this level with a stop at 25.
Exit this counter as long as it trades below this level with a stop at 25.
Friday, February 26, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 26 Feb
Today, 4845 is the crucial intraday level for Nifty.If Nifty sustains below 4845, then it could test 4770 and below that level it could test 4700.
Instead, if Nifty trades above 4845, then it could test 4885 and above that level it coud test 4930.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.
Nifty Futures - Intraday and Positional Trading Levels, 26 Feb
Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760 and below that level it could test 4700.
Instead, if Nifty trades above 4850, then it could test 4890 and above 4890, it could test 4930.
Sensex- Technical Outlook and Trading Levels, 26 February
Today, 16225 is the crucial intraday level for Sensex.If Sensex sustains below 16225, then it could test 15950.
Instead, if Sensex trades above 16225, then it could test 16340 and above that level it could test 16500.
Instead, if Sensex trades above 16225, then it could test 16340 and above that level it could test 16500.
Technical View and Trading Levels of Cnx IT & Bank Nifty,26 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8370 and below that level it could test 8270.
Instead, if Bank Nifty trades above 8450, then it could test 8550 and above that level it could test 8620.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-26 February
Reliance Today, 985 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 985 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1050. Trade short below 985 for a target of 900.
Thursday, February 25, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 25 Feb
Today, 4845 is the crucial intraday level for Nifty.If Nifty sustains below 4845, then it could test 4770 and below that level it could test 4700.
Instead, if Nifty trades above 4845, then it could test 4885 and above that level it coud test 4930.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.
Nifty Futures - Intraday and Positional Trading Levels, 25 Feb
Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760 and below that level it could test 4700.
Instead, if Nifty trades above 4850, then it could test 4890 and above 4890, it could test 4930.
Sensex- Technical Outlook and Trading Levels, 25 February
Today, 16225 is the crucial intraday level for Sensex.If Sensex sustains below 16225, then it could test 15950.
Instead, if Sensex trades above 16225, then it could test 16340 and above that level it could test 16500.
Instead, if Sensex trades above 16225, then it could test 16340 and above that level it could test 16500.
Technical View and Trading Levels of Cnx IT & Bank Nifty,25 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8370 and below that level it could test 8270.
Instead, if Bank Nifty trades above 8450, then it could test 8550 and above that level it could test 8620.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-25 February
Reliance Today, 985 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1005 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1050. Trade short below 1005 for a target of 940.
Wednesday, February 24, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 24 Feb
Today, 4845 is the crucial intraday level for Nifty.If Nifty sustains below 4845, then it could test 4770 and below that level it could test 4700.
Instead, if Nifty trades above 4845, then it could test 4885.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.
Nifty Futures - Intraday and Positional Trading Levels, 24 Feb
Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760 and below that level it could test 4700.
Instead, if Nifty trades above 4850, then it could test 4890.
Sensex- Technical Outlook and Trading Levels, 24 February
Today, 16225 is the crucial intraday level for Sensex.If Sensex sustains below 16225, then it could test 15950.
Instead, if Sensex trades above 16225, then it could test 16340 and above that level it could test 16500.
Instead, if Sensex trades above 16225, then it could test 16340 and above that level it could test 16500.
Technical View and Trading Levels of Cnx IT & Bank Nifty,24 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8370 and below that level it could test 8270.
Instead, if Bank Nifty trades above 8450, then it could test 8620.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-24 February 2010
Reliance Today, 985 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1005 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1050. Trade short below 1005 for a target of 940.
Tuesday, February 23, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 23 Feb
Today, 4845 is the crucial intraday level for Nifty.If Nifty sustains below 4840, then it could test 4770 and below that level it could test 4700.
Instead, if Nifty trades above 4845, then it could test 4885.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.
Nifty Futures - Intraday and Positional Trading Levels, 23 Feb
Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760 and below that level it could test 4700.
Instead, if Nifty trades above 4850, then it could test 4890.
Sensex- Technical Outlook and Trading Levels, 23 February
Today, 16225 is the crucial intraday level for Sensex.If Sensex sustains below 16225, then it could test 15950 and below that level it could test 15650.
Instead, if Sensex trades above 16225, then it could test 16300.
Technical View and Trading Levels of Cnx IT & Bank Nifty,23 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8370 and below that level it could test 8270.
Instead, if Bank Nifty trades above 8450, then it could test 8550.
Monday, February 22, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 22 Feb
Today, 4845 is the crucial intraday level for Nifty.If Nifty sustains below 4840, then it could test 4770.
Instead, if Nifty trades above 4840, then it could test 4880 and above that level it could test 4950.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.
Nifty Futures - Intraday and Positional Trading Levels, 22 Feb
Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760.
Instead, if Nifty trades above 4850, then it could test 4890 and above that level it could test 4950.
Sensex- Technical Outlook and Trading Levels, 22 February
Today, 16225 is the crucial intraday level for Sensex.If Sensex sustains below 16225, then it could test 15950.
Instead, if Sensex trades above 16225, then it could test 16300.
Technical View and Trading Levels of Cnx IT & Bank Nifty,22 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8270.
Instead, if Bank Nifty trades above 8450, then it could test 8550.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-22 February 2010
Reliance Today, 1005 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1005 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1050. Trade short below 1005 for a target of 940.
Friday, February 19, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 19 Feb
Today, 4840 is the crucial intraday level for Nifty.If Nifty sustains below 4840, then it could test 4770.
Instead, if Nifty trades above 4840, then it could test 4880.
Short term Technical View of Nifty
For the short term, the level 4950 is crucial. If it sustains below this level, then it is likely to test 4400. Instead, if it trades above 4950, then it is likely to test 5050.
Nifty Futures - Intraday and Positional Trading Levels, 19 Feb
Today, 4850 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4850, then it could test 4760.
Instead, if Nifty trades above 4850, then it could test 4880.
Sensex- Technical Outlook and Trading Levels, 19 February
Today, 16200 is the crucial intraday level for Sensex.If Sensex sustains below 16200, then it could test 15950.
Instead, if Sensex trades above 16200, then it could test 16325.
Technical View and Trading Levels of Cnx IT & Bank Nifty,19 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8270 and below that level it could test 8210.
Instead, if Bank Nifty trades above 8450, then it could test 8550.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel-19 February 2010
Reliance Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1015 for a target of 940.
Thursday, February 18, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 18 Feb
Today, 4950 is the crucial intraday level for Nifty.If Nifty sustains below 4950, then it could test 4850 and below that level, it could test 4760.
Instead, if Nifty trades above 4950, then it could test 5000.
Nifty Futures - Intraday and Positional Trading Levels, 18 Feb
Today, 4950 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4950, then it could test 4840 and below that level it could test 4760.
Instead, if Nifty trades above 4950, then it could test 5000.
Sensex- Technical Outlook and Trading Levels, 18 February
Today, 16550 is the crucial intraday level for Sensex.If Sensex sustains below 16550, then it could test 16200.
Instead, if Sensex trades above 16550, then it could test 16700.
Technical View and Trading Levels of Cnx IT & Bank Nifty,18 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8270 and below that level it could test 8210.
Instead, if Bank Nifty trades above 8450, then it could test 8650.
Wednesday, February 17, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 17 Feb
Today, 4880 is the crucial intraday level for Nifty.If Nifty sustains below 4880, then it could test 4850 and below that level, it could test 4760.
Instead, if Nifty trades above 4880, then it could test 4950.
Nifty Futures - Intraday and Positional Trading Levels, 17 Feb
Today, 4875 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4875, then it could test 4840 and below that level it could test 4760.
Instead, if Nifty trades above 4875, then it could test 4950.
Sensex- Technical Outlook and Trading Levels, 17 Feb 2010
Today, 16350 is the crucial intraday level for Sensex.If Sensex sustains below 16350, then it could test 16200 and below that level, it could test 15900.
Instead, if Sensex trades above 16350, then it could test 16550.
Technical View and Trading Levels of Cnx IT & Bank Nifty,17 February
Bank Nifty Intraday levels and range Today, 8450 is crucial for Intraday.
If Bank Nifty sustains below 8450, then it could test 8270 and below that level it could test 8210.
Instead, if Bank Nifty trades above 8450, then it could test 8550.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 17 Feb
Reliance Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1015 for a target of 940.
Tuesday, February 16, 2010
Nifty - Technical Outlook and Intraday Trading Levels, 16 Feb
Today, 4790 is the crucial intraday level for Nifty.If Nifty sustains below 4790, then it could test 4760 and below that level, it could test 4650.
Instead, if Nifty trades above 4790, then it could test 4850 and above that level it could test 4880.
Nifty Futures - Intraday and Positional Trading Levels, 16 Feb
Today, 4785 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4785, then it could test 4740 and below that level it could test 4650.
Instead, if Nifty trades above 4785, then it could test 4840 and above that level it could test 4870.
Sensex- Technical Outlook and Trading Levels, 16 February
Today, 16050 is the crucial intraday level for Sensex.If Sensex sustains below 16050, then it could test 15900 and below that level, it could test 15600.
Instead, if Sensex trades above 16050, then it could test 16200.
Technical View and Trading Levels of Cnx IT & Bank Nifty,16 February
Bank Nifty Intraday levels and range Today, 8490 is crucial for Intraday.
If Bank Nifty sustains below 8490, then it could test 8270 and below that level it could test 8210.
Instead, if Bank Nifty trades above 8490, then it could test 8600.
Trading strategy-Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel, 16 February
Reliance Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level.
The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1050. Trade short below 1015 for a target of 940.
Monday, February 15, 2010
Sell Nifty Futures if it fails to move above 4850, 15 February
Nifty has failed to move above our crucial short term level of 4850. Failing to cross this crucial level indicates, Nifty could decline towards 4580 levels initially and then to 4400 levels before this month end.
Nifty - Technical Outlook and Intraday Trading Levels, 15 Feb
Today, 4850 is the crucial intraday level for Nifty.If Nifty sustains below 4850, then it could test 4760 and below that level, it could test 4650.
Instead, if Nifty trades above 4850, then it could test 4880 and above that level it could test 4950.
Nifty Futures - Intraday and Positional Trading Levels, 15 Feb
Today, 4860 is the crucial Intraday Level for Nifty Futures.If Nifty Futures sustains below 4860, then it could test 4770 and below that level it could test 4650.
Instead, if Nifty trades above 4860, then it could test 4890 and above that level it could test 4950.
Sensex- Technical Outlook and Trading Levels, 15 February
Today, 16200 is the crucial intraday level for Sensex.If Sensex sustains below 16200, then it could test 15900 and below that level, it could test 15600.
Instead, if Sensex trades above 16200, then it could test 16550.
Technical View and Trading Levels of Cnx IT & Bank Nifty,15 February
Bank Nifty Intraday levels and range Today, 8490 is crucial for Intraday.
If Bank Nifty sustains below 8490, then it could test 8270 and below that level it could test 8210.
Instead, if Bank Nifty trades above 8490, then it could test 8600.
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