Nifty Technical Outlook, Positional & Intraday Trading Levels, 28 August 2014

Today, 7970 is the crucial intraday level for Nifty.

If Nifty sustains below 7970, then it could test 7915 and below that level it could test 7790.
Instead, if Nifty trades above 7970, then it could test 8030.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 28 August 2014

Today, 7975 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7975, then it could test 7915 and below that level it could test 7790. 
Instead, if Nifty futures trades above 7975, then it could test 8030.

Sensex - Technical Outlook and Trading Levels, 28 August 2014

Today, 26650 is the crucial intraday level for Sensex.

If Sensex sustains below 26650, then it could test 26500 and below that level it could test 26300.
Instead, if Sensex trades above 26650, then it could test 26750.

Technical View of Cnx IT & Bank Nifty, 28 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15830 is crucial for Intraday.

If Bank Nifty sustains below 15830 then it could test 15500 and below that level it could test 15300.
Instead, if Bank Nifty trades above 15830, then it could test 16000.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 28 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 27 August 2014

Today, 7955 is the crucial intraday level for Nifty.

If Nifty sustains below 7955, then it could test 7915 and below that level it could test 7790.
Instead, if Nifty trades above 7955, then it could test 8000.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 27 August 2014

Today, 7955 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7955, then it could test 7915 and below that level it could test 7790. 
Instead, if Nifty futures trades above 7955, then it could test 8000.

Sensex - Technical Outlook and Trading Levels, 27 August 2014

Today, 26500 is the crucial intraday level for Sensex.

If Sensex sustains below 26500, then it could test 26350 and below that level it could test 26200.
Instead, if Sensex trades above 26500, then it could test 26600.

Technical View of Cnx IT & Bank Nifty, 27 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15700 is crucial for Intraday.

If Bank Nifty sustains below 15700 then it could test 15450 and below that level it could test 15300.
Instead, if Bank Nifty trades above 15700, then it could test 15830.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 27 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 26 August 2014

Today, 7895 is the crucial intraday level for Nifty.

If Nifty sustains below 7895, then it could test 7840 and below that level it could test 7760.
Instead, if Nifty trades above 7895, then it could test 7930.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 26 August 2014

Today, 7905 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7905, then it could test 7850 and below that level it could test 7790. 
Instead, if Nifty futures trades above 7905, then it could test 7940.

Sensex - Technical Outlook and Trading Levels, 26 August 2014

Today, 26500 is the crucial intraday level for Sensex.

If Sensex sustains below 26500, then it could test 26300 and below that level it could test 26250.
Instead, if Sensex trades above 26500, then it could test 26550.

Technical View of Cnx IT & Bank Nifty, 26 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15750 is crucial for Intraday.

If Bank Nifty sustains below 15750 then it could test 15650 and below that level it could test 15400.
Instead, if Bank Nifty trades above 15750, then it could test 15830.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 26 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Short term trend of Canara Bank is looking weak-25 August 2014

After making a bottom at 358 on 13th August, Canara Bank rallied and it made a high of 401 today. The present rally looks like a terminating triangle. This pattern implies a sharp correction towards the starting point of the rally. So, this scrip is likely to decline towards 355 levels, if it fails to sustain above 401. And the target could be achieved in another 5 to 7 trading sessions.

Intraday Trading Calls - 25 August 2014

Date 25/8/14, Time 09.28 - Sell Nity Fut below 7950 Stop 7970. Target 7880.
                       Time 01.23 - Sell Nity Fut below 7970 Stop 7990. Target 7880.                                                 


                     
                       
                       

                     

Nifty Technical Outlook, Positional & Intraday Trading Levels, 25 August 2014

Today, 7930 is the crucial intraday level for Nifty.

If Nifty sustains below 7930, then it could test 7840 and below that level it could test 7760.
Instead, if Nifty trades above 7930, then it could test 7950.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 25 August 2014

Today, 7940 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7940, then it could test 7840 and below that level it could test 7780. 
Instead, if Nifty futures trades above 7940, then it could test 7955.

Sensex - Technical Outlook and Trading Levels, 25 August 2014

Today, 26550 is the crucial intraday level for Sensex.

If Sensex sustains below 26550, then it could test 26200 and below that level it could test 26050.
Instead, if Sensex trades above 26550, then it could test 26600.

Technical View of Cnx IT & Bank Nifty, 25 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15870 is crucial for Intraday.

If Bank Nifty sustains below 15870 then it could test 15650 and below that level it could test 15550.
Instead, if Bank Nifty trades above 15870, then it could test 15920.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 25 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Short term trend in Wipro is Bullish - 23 August 2014

Wipro has fallen from 610 level in February and made a low at 475 in May. From 475 level, it is in a rally. While falling, it made a gap at 590 level in April. The present rally is likely to move towards 590 to 610 in the short term. Investors can buy this stock at 555 level, with a stop at 540, for a target of 590-610 levels by september end.

                                                    click the chart to enlarge it

Nifty is ripe for a correction - 23 August 2014

The present short term rally started on 8, August, 2014 from 7540 levels. At present it made an all time of 7929. Nifty is just below a major resistance at 7955. And it has already broken the trendline in the downside. If Nifty couldn't rally above this level, it is likely to see a correction from this level and in the downside it could test 7750 in coming trading sessions.


                                                       Click the chart to enlarge it

Intraday Trading Calls - 22 August 2014

Date 22/8/14, Time 09.22 - Sell Nity Fut below 7920 Stop 7940. Target 7840.                                         


                     
                       
                       

                     

Nifty Technical Outlook, Positional & Intraday Trading Levels, 22 August 2014

Today, 7920 is the crucial intraday level for Nifty.

If Nifty sustains below 7920, then it could test 7840 and below that level it could test 7760.
Instead, if Nifty trades above 7920, then it could test 7940.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 22 August 2014

Today, 7920 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7920, then it could test 7840 and below that level it could test 7780. 
Instead, if Nifty futures trades above 7920, then it could test 7940.

Sensex - Technical Outlook and Trading Levels, 22 August 2014

Today, 26450 is the crucial intraday level for Sensex.

If Sensex sustains below 26450, then it could test 26200 and below that level it could test 26050.
Instead, if Sensex trades above 26450, then it could test 26600.

Technical View of Cnx IT & Bank Nifty, 22 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15730 is crucial for Intraday.

If Bank Nifty sustains below 15730 then it could test 15550 and below that level it could test 15350.
Instead, if Bank Nifty trades above 15730, then it could test 15800.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 22 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Intraday Trading Calls - 21 August 2014

Date 21/8/14, Time 09.27 - Sell Nity Fut below 7893 Stop 7915. Target 7840.                                         
                      Time 09.27 - Sell ICICI Bank Fut below 1545 Stop 1550. Target 1520.
                      Time 10.29 - Sell ICICI Bank Fut below 1555 Stop 1560. Target 1520.
                      Time 10.43 - Sell Nity Fut below 7935 Stop 7955. Target 7840.
                      Time 10.46 - Sell ICICI Bank Fut below 1560 Stop 1565. Target 1520.
                     
                       
                       

                     

Nifty Technical Outlook, Positional & Intraday Trading Levels, 21 August 2014

Today, 7890 is the crucial intraday level for Nifty.

If Nifty sustains below 7890, then it could test 7840 and below that level it could test 7760.
Instead, if Nifty trades above 7890, then it could test 7915.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 21 August 2014

Today, 7870 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7870, then it could test 7840 and below that level it could test 7780. 
Instead, if Nifty futures trades above 7870, then it could test 7920.

Sensex - Technical Outlook and Trading Levels, 21 August 2014

Today, 26380 is the crucial intraday level for Sensex.

If Sensex sustains below 26380, then it could test 26200 and below that level it could test 26050.
Instead, if Sensex trades above 26380, then it could test 26450.

Technical View of Cnx IT & Bank Nifty, 21 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15450 is crucial for Intraday.

If Bank Nifty sustains below 15450 then it could test 15350 and below that level it could test 15250.
Instead, if Bank Nifty trades above 15450, then it could test 15550.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 21 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1025. Trade short below 1005 for a target of 950.

Short term Technical view of Nifty- 20/8/2014

Short term technical  view of Nifty is presented below

                                                       Click the chart to enlarge it

Positional Trading call - 20 August 2014

The high 7922.70 formed by Nifty spot today could be the short term top. Positional traders can short Nifty futures at current price ( 7890 ) with a stop at 7930. The downside target is 7400 in one or two weeks.


Instead, if Nifty Futures trades above 7930, then it could test 7980 level.


Sell ICICI Bank Futures at 1545 with stop at 1560 for a target of 1480.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 20 August 2014

Today, 7915 is the crucial intraday level for Nifty.

If Nifty sustains below 7915, then it could test 7860 and below that level it could test 7810.
Instead, if Nifty trades above 7915, then it could test 7940.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 20 August 2014

Today, 7925 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7925, then it could test 7870 and below that level it could test 7820. 
Instead, if Nifty futures trades above 7925, then it could test 7950.

Sensex - Technical Outlook and Trading Levels, 20 August 2014

Today, 26530 is the crucial intraday level for Sensex.

If Sensex sustains below 26530, then it could test 26250 and below that level it could test 26100.
Instead, if Sensex trades above 26530, then it could test 26600.

Technical View of Cnx IT & Bank Nifty, 20 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15580 is crucial for Intraday.

If Bank Nifty sustains below 15500 then it could test 15470 and below that level it could test 15350.
Instead, if Bank Nifty trades above 15500, then it could test 15630.

Trading strategy - Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel - 20 August 2014

Reliance

Today, 1005 the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1005 is crucial for short term. Positional Traders, trade long above 1005 for a target of 1035. Trade short below 1005 for a target of 980.

Nifty Technical Outlook, Positional & Intraday Trading Levels, 19 August 2014

Today, 7880 is the crucial intraday level for Nifty.

If Nifty sustains below 7880, then it could test 7830 and below that level it could test 7750.
Instead, if Nifty trades above 7880, then it could test 7910.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 19 August 2014

Today, 7890 is the crucial Intraday Level for Nifty Futures.

If Nifty Futures sustains below 7890, then it could test 7835 and below that level it could test 7750. 
Instead, if Nifty futures trades above 7890, then it could test 7915.

Sensex - Technical Outlook and Trading Levels, 19 August 2014

Today, 26400 is the crucial intraday level for Sensex.

If Sensex sustains below 26400, then it could test 26250 and below that level it could test 26000.
Instead, if Sensex trades above 26400, then it could test 26500.

Technical View of Cnx IT & Bank Nifty, 19 August 2014

Bank Nifty Intraday levels and trading tips

Today, 15500 is crucial for Intraday.

If Bank Nifty sustains below 15500 then it could test 15350 and below that level it could test 15200.
Instead, if Bank Nifty trades above 15500, then it could test 15600.