Monday, January 31, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 31 January 2011

Today, 5550 is the crucial intraday level for Nifty.
If Nifty sustains below 5550, then it could test 5450 and below that level it could test 5400.
Instead, if Nifty trades above 5550, then it could test 5620.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 31 January 2011

Today, 5550 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5550, then it could test 5480 and below that level it could test 5400
Instead, if Nifty futures trades above 5550, then it could test 5620.


Sensex- Technical Outlook and Trading Levels, 31 January 2011

Today, 18500 is the crucial intraday level for Sensex.
If Sensex sustains below 18500, then it could test 18200 and below that level it could test 17900.
Instead, if Sensex trades above 18500, then it could test 18750.

Technical View and Trading calls of Cnx IT & Bank Nifty, 31 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10500 is crucial for Intraday.
If Bank Nifty sustains below 10500, then it could test 10300, and below that level it could test 10150.
Instead, if Bank Nifty trades above 10500, then it could test 10700.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 31 January 2011

Reliance
Today, 930 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 930 is crucial for short term. Positional Traders, trade long above 930, for a target of 950. Trade short below 930 for a target of 880.



Friday, January 28, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 28 January 2011

Today, 5625 is the crucial intraday level for Nifty.
If Nifty sustains below 5625, then it could test 5550 and below that level it could test 5450.
Instead, if Nifty trades above 5625, then it could test 5685.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 28 January 2011

Today, 5635 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5635, then it could test 5550 and below that level it could test 5400
Instead, if Nifty futures trades above 5635, then it could test 5685.


Sensex- Technical Outlook and Trading Levels, 28 January 2011

Today, 18800 is the crucial intraday level for Sensex.
If Sensex sustains below 18800, then it could test 18500 and below that level it could test 18000.
Instead, if Sensex trades above 18800, then it could test 18950.

Technical View and Trading calls of Cnx IT & Bank Nifty, 28 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10725 is crucial for Intraday.
If Bank Nifty sustains below 10725, then it could test 10550, and below that level it could test 10350.
Instead, if Bank Nifty trades above 10725, then it could test 10840.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 28 January 2011

Reliance
Today, 950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950, for a target of 990. Trade short below 950 for a target of 910.



Thursday, January 27, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 27 January 2011

Today, 5675 is the crucial intraday level for Nifty.
If Nifty sustains below 5675, then it could test 5625 and below that level it could test 5550.
Instead, if Nifty trades above 5675, then it could test 5735.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 27 January 2011

Today, 5680 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5680, then it could test 5635 and below that level it could test 5550
Instead, if Nifty futures trades above 5680, then it could test 5735.


Sensex- Technical Outlook and Trading Levels, 27 January 2011

Today, 19100 is the crucial intraday level for Sensex.
If Sensex sustains below 19100, then it could test 18950 and below that level it could test 18785.
Instead, if Sensex trades above 19100, then it could test 19200.

Technical View and Trading calls of Cnx IT & Bank Nifty, 27 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10910 is crucial for Intraday.
If Bank Nifty sustains below 10910, then it could test 10840, and below that level it could test 10730.
Instead, if Bank Nifty trades above 10910, then it could test 11000.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 27 January 2011

Reliance
Today, 950 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 950 is crucial for short term. Positional Traders, trade long above 950, for a target of 990. Trade short below 950 for a target of 910.



Tuesday, January 25, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 25 January 2011

Today, 5775 is the crucial intraday level for Nifty.
If Nifty sustains below 5775, then it could test 5735 and below that level it could test 5650.
Instead, if Nifty trades above 5775, then it could test 5850.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 25 January 2011

Today, 5790 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5790, then it could test 5745 and below that level it could test 5650
Instead, if Nifty futures trades above 5790, then it could test 5870.


Sensex- Technical Outlook and Trading Levels, 25 January 2011

Today, 19250 is the crucial intraday level for Sensex.
If Sensex sustains below 19250, then it could test 19100 and below that level it could test 18900.
Instead, if Sensex trades above 19250, then it could test 19400.

Technical View and Trading calls of Cnx IT & Bank Nifty, 25 January 2011

Bank Nifty Intraday levels and trading tips
Today, 11200 is crucial for Intraday.
If Bank Nifty sustains below 11200, then it could test 10900, and below that level it could test 10730.
Instead, if Bank Nifty trades above 11200, then it could test 11400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 25 January 2011

Reliance
Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.



Monday, January 24, 2011

Nifty Short term Forecast, 24 January 2011

Earlier it was mentioned to remain short in Nifty with a stop at 5710 and that level was triggered. But, the crucial 5775 in Nifty spot has not exceeded and the short term trend in Nifty still remains bearish. The trend is likely to change only when it crosses 5775. Above 5775, a rally towards 5850-5900 is possible.


But if it fails to move above 5775, as I said earlier, a decline towards 5550 is possible. The level 5550 is likely to act as a crucial support for the medium term. Break of this level, would pretell a decline towards 4700.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 24 January 2011

Today, 5735 is the crucial intraday level for Nifty.
If Nifty sustains below 5735, then it could test 5650 and below that level it could test 5550.
Instead, if Nifty trades above 5735, then it could test 5775.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 24 January 2011

Today, 5745 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5745, then it could test 5650 and below that level it could test 5550
Instead, if Nifty futures trades above 5745, then it could test 5790.


Sensex- Technical Outlook and Trading Levels, 24 January 2011

Today, 19120 is the crucial intraday level for Sensex.
If Sensex sustains below 19120, then it could test 18800 and below that level it could test 18500.
Instead, if Sensex trades above 19120, then it could test 19260.

Technical View and Trading calls of Cnx IT & Bank Nifty, 24 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10910 is crucial for Intraday.
If Bank Nifty sustains below 10910, then it could test 10730, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10910, then it could test 11150.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 24 January 2011

Reliance
Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.



Friday, January 21, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 21 January 2011

Today, 5735 is the crucial intraday level for Nifty.
If Nifty sustains below 5735, then it could test 5650 and below that level it could test 5550.
Instead, if Nifty trades above 5735, then it could test 5775.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 21 January 2011

Today, 5745 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5745, then it could test 5650 and below that level it could test 5550
Instead, if Nifty futures trades above 5745, then it could test 5790.


Sensex- Technical Outlook and Trading Levels, 21 January 2011

Today, 19120 is the crucial intraday level for Sensex.
If Sensex sustains below 19120, then it could test 18800 and below that level it could test 18500.
Instead, if Sensex trades above 19120, then it could test 19260.

Technical View and Trading calls of Cnx IT & Bank Nifty, 21 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10760 is crucial for Intraday.
If Bank Nifty sustains below 10760, then it could test 10630, and below that level it could test 10550.
Instead, if Bank Nifty trades above 10760, then it could test 10910.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 21 January 2011

Reliance
Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.



Thursday, January 20, 2011

Nifty Short term Outlook, 20 January 2011

The level 5650 is crucial for intraday. Break of this level would confirm a downside target of 5550 in coming trading sessions. As mentioned earlier, Nifty is likely to see a pull back rally from around this region. Failure of Nifty to hold above 5550, would presage a steep fall towards 4700 in coming weeks.

Trading in the short side is advisable, if Nifty breaks 5650 today. Those who are already holding shorts can revise their stop at 5710.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 20 January 2011

Today, 5650 is the crucial intraday level for Nifty.
If Nifty sustains below 5650, then it could test 5550 and below that level it could test 5450.
Instead, if Nifty trades above 5650, then it could test 5710.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 20 January 2011

Today, 5635 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5635, then it could test 5550 and below that level it could test 5450
Instead, if Nifty futures trades above 5635, then it could test 5690.


Sensex- Technical Outlook and Trading Levels, 20 January 2011

Today, 18785 is the crucial intraday level for Sensex.
If Sensex sustains below 18785, then it could test 18500 and below that level it could test 18000.
Instead, if Sensex trades above 18785, then it could test 19050.

Technical View and Trading calls of Cnx IT & Bank Nifty, 20 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10650 is crucial for Intraday.
If Bank Nifty sustains below 10650, then it could test 10550, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10650, then it could test 10760.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 20 January 2011

Reliance
Today, 990 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 990 is crucial for short term. Positional Traders, trade long above 990, for a target of 1010. Trade short below 990 for a target of 950.



Wednesday, January 19, 2011

Nifty Post Market Analysis, 19 January 2011

Yesterday, I mentioned 5775 as the crucial level and break of that level could take Nifty towards 5850-5900 levels. But today it could not move past that level. And also it broke the intraday crucial level of 5710. As of now, it inspires, that Nifty is likely to test 5550, if 5775 is not broken in another 2 trading sessions.

Once again the level to watch is 5775 for tomorrow. And in the downside, the break of 5650 could confirm a decline towards 5550. Right now trading in the short side is advisable as long as Nifty trades below 5775.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 19 January 2011

Today, 5710 is the crucial intraday level for Nifty.
If Nifty sustains below 5710, then it could test 5640 and below that level it could test 5550.
Instead, if Nifty trades above 5710, then it could test 5775.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 19 January 2011

Today, 5710 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5710, then it could test 5640 and below that level it could test 5550
Instead, if Nifty futures trades above 5710, then it could test 5800.


Sensex- Technical Outlook and Trading Levels, 19 January 2011

Today, 19050 is the crucial intraday level for Sensex.
If Sensex sustains below 19050, then it could test 18950 and below that level it could test 18800.
Instead, if Sensex trades above 19050, then it could test 19250.

Technical View and Trading calls of Cnx IT & Bank Nifty, 19 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10550 is crucial for Intraday.
If Bank Nifty sustains below 10550, then it could test 10300, and below that level it could test 9900.
Instead, if Bank Nifty trades above 10550, then it could test 10760.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 19 January 2011

Reliance
Today, 1010 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1010 is crucial for short term. Positional Traders, trade long above 1010, for a target of 1040. Trade short below 1010 for a target of 950.