Monday, January 24, 2011

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.



Tuesday, January 18, 2011

Nifty Post Market review, 18 January 2011

Today Nifty took support around 5670 and bounced back a litttle towards 5775. Since Nifty has closed above the intraday crucial level and 5700, the next crucial level to watch is 5775. If, tomorrow this level is broken in the upside, Nifty is likely to test 5820-5900 range.

Now Nifty has to move above 5900 in the upside for a short term rally. Failure of Nifty to move above this level would push the market towards 5550 levels. So for tomorrow the level to watch is 5775.

Nifty is nearing the crucial support of 5550, 18 January 2011

I have been mentioning 5550, almost for the past one year. Earlier in 2010, it struggled to move past that level. Nifty retraced two times before testing that level. On the third attempt on september 2010 it moved past that crucial level.

As it failed to move above its all time high, it is being expected to test the next crucial level of 5550. Now Nifty is in the striking distance of 5550. Nifty is likely to bounce from this levels atleast for the short term. If 5550 is broken without a pullback from here, the fall is likely to be very steep.


Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 18 January 2011

Today, 5645 is the crucial intraday level for Nifty.
If Nifty sustains below 5645, then it could test 5550 and below that level it could test 5450.
Instead, if Nifty trades above 5645, then it could test 5695.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 18 January 2011

Today, 5640 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5640, then it could test 5550 and below that level it could test 5450
Instead, if Nifty futures trades above 5640, then it could test 5700.


Sensex- Technical Outlook and Trading Levels, 18 January 2011

Today, 18780 is the crucial intraday level for Sensex.
If Sensex sustains below 18780, then it could test 18500 and below that level it could test 18300.
Instead, if Sensex trades above 18780, then it could test 19000.

Technical View and Trading calls of Cnx IT & Bank Nifty, 18 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10590 is crucial for Intraday.
If Bank Nifty sustains below 10590, then it could test 10300, and below that level it could test 9900.
Instead, if Bank Nifty trades above 10590, then it could test 10780.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 18 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.



Monday, January 17, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 17 January 2011

Today, 5695 is the crucial intraday level for Nifty.
If Nifty sustains below 5695, then it could test 5640 and below that level it could test 5550.
Instead, if Nifty trades above 5695, then it could test 5745.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 17 January 2011

Today, 5700 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5700, then it could test 5645 and below that level it could test 5550
Instead, if Nifty futures trades above 5700, then it could test 5750.


Sensex- Technical Outlook and Trading Levels, 17 January 2011

Today, 18820 is the crucial intraday level for Sensex.
If Sensex sustains below 18820, then it could test 18500 and below that level it could test 18300.
Instead, if Sensex trades above 18820, then it could test 19000.

Technical View and Trading calls of Cnx IT & Bank Nifty, 17 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10590 is crucial for Intraday.
If Bank Nifty sustains below 10590, then it could test 10300, and below that level it could test 9900.
Instead, if Bank Nifty trades above 10590, then it could test 10780.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 17 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 1025. Trade short below 1010 for a target of 980.



Friday, January 14, 2011

Nifty Couldn't move past 5900, Target of 5550 is likely to come first, 14 January 2011

Earlier, we have mentioned 5900 as a crucial level and failure of Nifty to move above 5900 could impart further weakness in Nifty. Nifty bounced from 5700 levels from where it saw a pull back rally earlier. The recent rally from 5700 could it move past 5900. It was halted around 5858.


Now, as Nifty could not move above 5900, a break of its earlier low of 5690, would confirm a decline towards 5550 in coming trading sessions. In contrary, only a move above 5900, would confirm bullishness in Nifty.

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 14 January 2011

Today, 5790 is the crucial intraday level for Nifty.
If Nifty sustains below 5790, then it could test 5690 and below that level it could test 5650.
Instead, if Nifty trades above 5790, then it could test 5820.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 14 January 2011

Today, 5800 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5800, then it could test 5695 and below that level it could test 5650
Instead, if Nifty futures trades above 5800, then it could test 5850.


Sensex- Technical Outlook and Trading Levels, 14 January 2011

Today, 19300 is the crucial intraday level for Sensex.
If Sensex sustains below 19300, then it could test 19000 and below that level it could test 18800.
Instead, if Sensex trades above 19300, then it could test 19400.

Technical View and Trading calls of Cnx IT & Bank Nifty, 14 January 2011

Bank Nifty Intraday levels and trading tips
Today, 10900 is crucial for Intraday.
If Bank Nifty sustains below 10900, then it could test 10630, and below that level it could test 10300.
Instead, if Bank Nifty trades above 10900, then it could test 11050.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 14 January 2011

Reliance
Today, 1025 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1025 is crucial for short term. Positional Traders, trade long above 1025, for a target of 1040. Trade short below 1025 for a target of 980.



Thursday, January 13, 2011

Nifty Technical Outlook, Positional & Intraday Trading Levels, calls, and tips, 13 January 2011

Today, 5835 is the crucial intraday level for Nifty.
If Nifty sustains below 5835, then it could test 5750 and below that level it could test 5690.
Instead, if Nifty trades above 5835, then it could test 5900.

Nifty Futures Technical Analysis - Intraday and Positional Trading calls, 13 January 2011

Today, 5850 is the crucial Intraday Level for Nifty Futures.
If Nifty Futures sustains below 5850, then it could test 5770 and below that level it could test 5700
Instead, if Nifty futures trades above 5850, then it could test 5920.


Sensex- Technical Outlook and Trading Levels, 13 January 2011

Today, 19650 is the crucial intraday level for Sensex.
If Sensex sustains below 19650, then it could test 19450 and below that level it could test 19200.
Instead, if Sensex trades above 19650, then it could test 19800.

Technical View and Trading calls of Cnx IT & Bank Nifty, 13 January 2011

Bank Nifty Intraday levels and trading tips
Today, 11050 is crucial for Intraday.
If Bank Nifty sustains below 11050, then it could test 10800, and below that level it could test 10500.
Instead, if Bank Nifty trades above 11050, then it could test 11400.

Trading strategy and intraday tips -Reliance, Sbi, Axis Bank, Icici Bank, Tatasteel- 13 January 2011

Reliance
Today, 1040 is the crucial intraday level. Trade long above that level and trade short below that level in the intraday.

The level 1040 is crucial for short term. Positional Traders, trade long above 1040, for a target of 1075. Trade short below 1040 for a target of 980.