Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 31 August 2010

Today, 5415 is the crucial intraday level for Nifty.

If Nifty sustains below 5415, then it could test 5390 and below that level it could test 5350.

Instead, if Nifty trades above 5415, then it could test 5450.

Short term Technical View of Nifty

For the short term, the level 5550 is crucial. If it sustains below this level, then it is likely to test 5100. Instead, if it trades above 5550, then it is likely to test 5650. 

Medium term outlook of Nifty dated on 30 July 2010

The medium term outlook of Nifty would remain bearish if it fails to sustain above 5550. Nifty is likely to see a medium correction from 5550 and it is likely to be in correction mode for another 1 year.

Long term outlook of Nifty dated on 30 July 2010

The long term outlook of Nifty is looking bearish and the present bull market from the low of 2003 is likely to terminate in 2010 around 5550 and it is likely to followed by 2 to 3 years bear market.

Reality, Power, and Infrastructure sector is likely to underperform the overall market. FMCG, Pharma, and Banking sectors are likely to perform better in coming years.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 31 August 2010

Today, 5420 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5420, then it could test 5390 and below that level it could test 5350. 
Instead, if Nifty futures trades above 5420, then it could test 5460.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5420. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy

Positional traders can initiate shorts if it fails to sustain above 5550 for a target of 5100 with a stop at 5550 and trade long above 5550 for a target of 5650 with a stop at 5500.

Sensex- Technical Outlook and Trading Levels, 31 August 2010

Today, 18050 is the crucial intraday level for Sensex.

If Sensex sustains below 18050,  then it could test 17900 and below that level it could test 17850.
Instead, if Sensex trades above 18050, then it could test 18160.

Short term Technical View of Sensex

The level 18250 is crucial for the short term. If it sustains above this level, then it could test 18400. Instead, if it fails to trade above this level, then it could decline towards 16500 levels.

Medium term outlook of Sensex dated on 2 August 2010

The medium term outlook of Sensex would remain bearish if it fails to sustain above 18000. Sensex is likely to bottom out in the medium term at 13300 levels in coming months.

Long term outlook of Sensex dated on 14 December 2009

The long term outlook of Sensex is looking bearish and it seems that Sensex is likely to bottom out in 3 years.

Technical View and Trading calls of Cnx IT & Bank Nifty, 31 August 2010

Bank Nifty Intraday levels and trading tips

Today, 10750 is crucial for Intraday.

If Bank Nifty sustains below 10750, then it could test 10600, and below that level it could test 10350.
Instead, if Bank Nifty trades above 10750, then it could test 10850.

Short term Technical View of Bank Nifty

The level 8825 is crucial for Bank Nifty in the short term. As long as it trades below that level, a decline to 8000 level is likely. Instead, if it trades above 8825, then it could test 10800.

Cnx IT Intraday levels and and trading tips

Today, 6000 is the crucial intraday level.

If Cnx IT sustains above 6000, then it could test 6100. 
Instead, if Cnx IT trades below 6000, then it could test 5900 and below that level it could test 5800.

Short term Technical View of Cnx IT

The level 6230 is crucial for Cnx IT is the short term. If it fails to move above this level, then it is likely to see a short term correction towards 5650 level. Instead, if it trades above 6230, then it could test 6500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 August 2010

Reliance

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 975 is crucial for short term. Positional Traders, trade long above 975, for a target of 1000. Trade short below 975 for a target of 925.

SBI

Today, 2810 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2810 is crucial for short term. Positional Traders, trade long above 2810, for a target of 2845. Trade short below 2810 for a target of 2670.

Axis Bank

Today, 1345 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1345 is crucial for short term. Positional Traders, trade long above 1345, for a target of 1400. Trade short below 1345 for a target of 1270.

Icici Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1000 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1020. Trade short below 1005 for a target of 940.

Tata Steel

Today, 530 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 530 is crucial for short term. Positional Traders, trade long above 530, for a target of 555. Trade short below 530 for a target of 490.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 27 August 2010

Today, 5475 is the crucial intraday level for Nifty.

If Nifty sustains below 5475, then it could test 5450 and below that level it could test 5395.

Instead, if Nifty trades above 5475, then it could test 5510.

Short term Technical View of Nifty

For the short term, the level 5550 is crucial. If it sustains below this level, then it is likely to test 5100. Instead, if it trades above 5550, then it is likely to test 5650. 

Medium term outlook of Nifty dated on 30 July 2010

The medium term outlook of Nifty would remain bearish if it fails to sustain above 5550. Nifty is likely to see a medium correction from 5550 and it is likely to be in correction mode for another 1 year.

Long term outlook of Nifty dated on 30 July 2010

The long term outlook of Nifty is looking bearish and the present bull market from the low of 2003 is likely to terminate in 2010 around 5550 and it is likely to followed by 2 to 3 years bear market.

Reality, Power, and Infrastructure sector is likely to underperform the overall market. FMCG, Pharma, and Banking sectors are likely to perform better in coming years.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 27 August 2010

Today, 5475 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5475, then it could test 5450 and below that level it could test 5395. 
Instead, if Nifty futures trades above 5475, then it could test 5510.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5475. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy

Positional traders can initiate shorts if it fails to sustain above 5550 for a target of 5100 with a stop at 5550 and trade long above 5550 for a target of 5650 with a stop at 5500.

Sensex- Technical Outlook and Trading Levels, 27 August 2010

Today, 18230 is the crucial intraday level for Sensex.

If Sensex sustains below 18230,  then it could test 18160 and below that level it could test 18000.
Instead, if Sensex trades above 18230, then it could test 18310.

Short term Technical View of Sensex

The level 18250 is crucial for the short term. If it sustains above this level, then it could test 18400. Instead, if it fails to trade above this level, then it could decline towards 16500 levels.

Medium term outlook of Sensex dated on 2 August 2010

The medium term outlook of Sensex would remain bearish if it fails to sustain above 18000. Sensex is likely to bottom out in the medium term at 13300 levels in coming months.

Long term outlook of Sensex dated on 14 December 2009

The long term outlook of Sensex is looking bearish and it seems that Sensex is likely to bottom out in 3 years.

Technical View and Trading calls of Cnx IT & Bank Nifty, 27 August 2010

Bank Nifty Intraday levels and trading tips

Today, 10980 is crucial for Intraday.

If Bank Nifty sustains below 10980, then it could test 10870, and below that level it could test 10750.
Instead, if Bank Nifty trades above 10980, then it could test 11050.

Short term Technical View of Bank Nifty

The level 8825 is crucial for Bank Nifty in the short term. As long as it trades below that level, a decline to 8000 level is likely. Instead, if it trades above 8825, then it could test 10800.

Cnx IT Intraday levels and and trading tips

Today, 6130 is the crucial intraday level.

If Cnx IT sustains above 6130, then it could test 6155. 
Instead, if Cnx IT trades below 6130, then it could test 6080 and below that level it could test 6030.

Short term Technical View of Cnx IT

The level 6230 is crucial for Cnx IT is the short term. If it fails to move above this level, then it is likely to see a short term correction towards 5650 level. Instead, if it trades above 6230, then it could test 6500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 August 2010

Reliance

Today, 960 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 975 is crucial for short term. Positional Traders, trade long above 975, for a target of 1000. Trade short below 975 for a target of 925.

SBI

Today, 2810 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2810 is crucial for short term. Positional Traders, trade long above 2810, for a target of 2845. Trade short below 2810 for a target of 2670.

Axis Bank

Today, 1345 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1345 is crucial for short term. Positional Traders, trade long above 1345, for a target of 1400. Trade short below 1345 for a target of 1270.

Icici Bank

Today, 970 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1000 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1020. Trade short below 1005 for a target of 940.

Tata Steel

Today, 530 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 530 is crucial for short term. Positional Traders, trade long above 530, for a target of 555. Trade short below 530 for a target of 490.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 26 August 2010

Today, 5475 is the crucial intraday level for Nifty.

If Nifty sustains below 5475, then it could test 5450 and below that level it could test 5395.

Instead, if Nifty trades above 5475, then it could test 5510.

Short term Technical View of Nifty

For the short term, the level 5550 is crucial. If it sustains below this level, then it is likely to test 5100. Instead, if it trades above 5550, then it is likely to test 5650. 

Medium term outlook of Nifty dated on 30 July 2010

The medium term outlook of Nifty would remain bearish if it fails to sustain above 5550. Nifty is likely to see a medium correction from 5550 and it is likely to be in correction mode for another 1 year.

Long term outlook of Nifty dated on 30 July 2010

The long term outlook of Nifty is looking bearish and the present bull market from the low of 2003 is likely to terminate in 2010 around 5550 and it is likely to followed by 2 to 3 years bear market.

Reality, Power, and Infrastructure sector is likely to underperform the overall market. FMCG, Pharma, and Banking sectors are likely to perform better in coming years.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 26 August 2010

Today, 5475 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 5475, then it could test 5450 and below that level it could test 5395. 
Instead, if Nifty futures trades above 5475, then it could test 5510.

Nifty Futures intraday Trading Strategy

For intraday, the crucial level is 5475. Trade short below this level and trade long above this level.

Nifty Futures Positional Trading Strategy

Positional traders can initiate shorts if it fails to sustain above 5550 for a target of 5100 with a stop at 5550 and trade long above 5550 for a target of 5650 with a stop at 5500.

Sensex- Technical Outlook and Trading Levels, 26 August 2010

Today, 18230 is the crucial intraday level for Sensex.

If Sensex sustains below 18230,  then it could test 18160 and below that level it could test 18000.
Instead, if Sensex trades above 18230, then it could test 18310.

Short term Technical View of Sensex

The level 18250 is crucial for the short term. If it sustains above this level, then it could test 18400. Instead, if it fails to trade above this level, then it could decline towards 16500 levels.

Medium term outlook of Sensex dated on 2 August 2010

The medium term outlook of Sensex would remain bearish if it fails to sustain above 18000. Sensex is likely to bottom out in the medium term at 13300 levels in coming months.

Long term outlook of Sensex dated on 14 December 2009

The long term outlook of Sensex is looking bearish and it seems that Sensex is likely to bottom out in 3 years.

Technical View and Trading calls of Cnx IT & Bank Nifty, 26 August 2010

Bank Nifty Intraday levels and trading tips

Today, 10980 is crucial for Intraday.

If Bank Nifty sustains below 10980, then it could test 10870, and below that level it could test 10750.
Instead, if Bank Nifty trades above 10980, then it could test 11050.

Short term Technical View of Bank Nifty

The level 8825 is crucial for Bank Nifty in the short term. As long as it trades below that level, a decline to 8000 level is likely. Instead, if it trades above 8825, then it could test 10800.

Cnx IT Intraday levels and and trading tips

Today, 6130 is the crucial intraday level.

If Cnx IT sustains above 6130, then it could test 6155. 
Instead, if Cnx IT trades below 6130, then it could test 6080 and below that level it could test 6030.

Short term Technical View of Cnx IT

The level 6230 is crucial for Cnx IT is the short term. If it fails to move above this level, then it is likely to see a short term correction towards 5650 level. Instead, if it trades above 6230, then it could test 6500.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 26 August 2010

Reliance

Today, 975 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1000 is crucial for short term. Positional Traders, trade long above 1000, for a target of 1040. Trade short below 1000 for a target of 950.

SBI

Today, 2855 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 2855 is crucial for short term. Positional Traders, trade long above 2845, for a target of 2880. Trade short below 2845 for a target of 2670.

Axis Bank

Today, 1358 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1400 is crucial for short term. Positional Traders, trade long above 1400, for a target of 1430. Trade short below 1400 for a target of 1340.

Icici Bank

Today, 1000 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 1000 is crucial for short term. Positional Traders, trade long above 1005, for a target of 1020. Trade short below 1005 for a target of 940.

Tata Steel

Today, 512 is the crucial intraday level. Trade long above that level and trade short below that level.

The level 512 is crucial for short term. Positional Traders, trade long above 520, for a target of 555. Trade short below 520 for a target of 490.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 25 August 2010

Today, 5510 is the crucial intraday level for Nifty.

If Nifty sustains below 5510, then it could test 5480 and below that level it could test 5440.

Instead, if Nifty trades above 5510, then it could test 5535.

Short term Technical View of Nifty

For the short term, the level 5550 is crucial. If it sustains below this level, then it is likely to test 5100. Instead, if it trades above 5550, then it is likely to test 5650. 

Medium term outlook of Nifty dated on 30 July 2010

The medium term outlook of Nifty would remain bearish if it fails to sustain above 5550. Nifty is likely to see a medium correction from 5550 and it is likely to be in correction mode for another 1 year.

Long term outlook of Nifty dated on 30 July 2010

The long term outlook of Nifty is looking bearish and the present bull market from the low of 2003 is likely to terminate in 2010 around 5550 and it is likely to followed by 2 to 3 years bear market.

Reality, Power, and Infrastructure sector is likely to underperform the overall market. FMCG, Pharma, and Banking sectors are likely to perform better in coming years.