• Breakout by Nifty Today.
• Expecting  6400 on Nifty within short time span.
• Investors are safe as long as Nifty is trading above 5880.
• Nifty’s short term trend is up. Nifty’s Intermediate trend is up.
• Nifty RSI suggesting strict profit protection for bulls.
• Today 248 stocks were traded heavily.Out of them 162 stocks are in  short term up trend and 86 stocks are in short term down trend.
• Nifty up side Target :  6400, 7000.
• Resistance for Nifty : 6170 , 6200, 6280, 6310, 6340.
• Support for Nifty : 5980, 5860, 5760, 5660.
• Global markets are in up trend.

Nishant Kalaskar.

Trading room plays important role in traders performance. Isolation while trading , list of Do’s & Don’ts for yourself, mute TV makes better trading room.

Niftychnicals

• Expecting profit booking from traders in some of the stocks on Monday. Bulls need to crush 6040 and Bears need to crush 5930 on Nifty to take fresh charge of market.
• Market outlook  remains positive for investors as long as Nifty is trading above 5750.
• Nifty’s short term trend is up. Nifty’s Intermediate trend is up.
• Today 259 stocks were traded heavily. Out of them 141 stocks are in short term up trend and 118 stocks are in short term down trend.
• Nifty up side Target :  6440, 7000.
• Resistance for Nifty :  5970, 6030 , 6100 , 6170.
• Support for Nifty :   5910, 5870, 5780, 5750, 5700,5600.
• With Friday’s strong up move global trend has turned up once again .

Nishant Kalaskar

Reading Glossary strongly recommended for better understanding of this column.

MONEY NEVER SLEEPS

Fre

• 5850 key level for traders. Few stocks may face selling pressure on Monday.
• Market outlook  remains positive for investors as long as Nifty is trading above 5600.
• Nifty’s short term trend is up. Nifty’s Intermediate trend is up.
• Nifty RSI is  suggesting caution for bulls.
• Today  297 stocks were traded heavily. Out of them 184 stocks are in short term up trend and 113 stocks are in short term down trend.
• Nifty up side Target :  6440, 7000.
• Resistance for Nifty :  5900 , 5925 , 6030 , 6100 , 6170.
• Support for Nifty :  5810 , 5790 , 5600 , 5550.
• Most of the global markets are trading near their resistance levels. Short term downtrend possible across the globe.

Nishant Kalaskar

Reading Glossary strongly recommended for better understanding of this column.

stock broker india

Reading Glossary is recommended for better understanding of this column

Observations & Possibilities:

• Market has resumed its Intermediate downtrend.
• 4850 & 4620 levels are possible on downside for Nifty .
• Market has given poor weekly closing.
• Intermediate trend of Nifty will turn UP if  it  closes above 5210.
• The  red trend line in the chart is important supply zone.
• Moderate risk in initiating  fresh long term investment.(See the bearish stocks at the bottom.)

Market Technicals:

Market Breadth : 0.70

Market Trends : Short  term trend of market is down. Intermediate trend is DOWN.

Intermediate trend of market will turn UP if market closes above 5210 for Nifty.

Support levels for Nifty are  5050, 4840 , 4680 , 4200 , 3500.

Resistance levels for Nifty are 5120 ,5200,5280 ,  5340 , 5400, 5570 , 5740.

Bearish Stocks : Areva T&D , Educomp Solution , HOEC ,Ispat , Jayashri Tea , Century Enka , Provouge ,Reliance Capital ,  Sterlite Industries ,  Suzlon , WWIL ,

-Nishant Kalaskar.(9881575125)

-                                                                                          -

- -

Observations & Possibilities:

• RIL , Infy are weaker than market , strength in them may turn short term trend of market up.
• TheIntermediate trend is DOWN now with target of 5040 & 4960 on NIfty.
• Breaking 4960 may take Nifty to 4200 in few months.
• Volatility has returned  with intermediate downtrend.
• Closing above 5400 will bring 5570-5600 in picture.
• Higher risk in initiating  fresh long term investment.

Market Technicals:

Market Breadth : 2.0

Market Trends : Short  term trend of market is down. Intermediate trend is DOWN.

Intermediate trend of market will turn UP if market closes above 5375 for Nifty.

Support levels for Nifty are 5040 , 4960 4200 , 3500.

Resistance levels for Nifty are 5230 ,5300 ,5400,  5570 , 5740.

-Nishant Kalaskar.  (9881575125)

About Calls:

• Daily Buy  calls for delivery .
• Nifty  Option trading calls.
• Time Frame 3 to 10 trading sessions.
• Unique Stop points to protect your Capital &  Profit.
• Easy to Implement.
• Receive CallS by SMS.

-                                                                                                                        -

• NIfty may test 5200.
• Failure to hold 5200 may take Nifty to 5070 & 5000.
• Sharp moves possible on the downside.
• Higher risk in fresh long term investment.
• Protect Gains.

Market Technicals:

Market Breadth : 0.70

Market Trends : Short  term trend of market is down. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 5200 & 17340 for Nifty & Sensex respectively.

Support levels for Nifty are 5240 , 5160, 5070 ,  5000 ,  4950 ,  4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are 5300 , 5330 ,5400,  5570.

-Nishant Kalaskar.  (9881575125)

About Calls:

• Daily Buy  calls for delivery .
• Nifty  Option trading calls.
• Time Frame 3 to 10 trading sessions.
• Unique Stop points to protect your Capital &  Profit.
• Easy to Implement.
• Receive CallS by SMS.

-                                                                                                                        -

• New 2010 high by Nifty. Nifty near its target of 5400.
• Signs of weakness in American index  Nasdaq.
• Sharp moves possible on the downside.
• Higher risk in fresh long term investment.
• Protect Gains.

Market Technicals:

Market Breadth : 1.80

Market Trends : Short  term trend of market is up. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 5200 & 17340 for Nifty & Sensex respectively.

Support levels for Nifty are 5240 , 5160, 5000 ,  4950 ,  4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are ,5300 , 5330 ,5400,  5570.

-Nishant Kalaskar.  (9881575125)

Tuesday Nifty was trading sideways near the 5120 level , a pause in uptrend.  Nifty established  5100 as intra day support. Metel stocks were weakest for the day. Global market trend was directionless during  Indian stock market hours.

Observations:

• A compressed day is  formed on Nifty chart. Expect 2 to 8% move in coming days.
• Market is overbought in short term. High chances of short term downtrend.
• 5200 is important resistance zone for Nifty.
• 5400 is looking impossible at present , but any upside  is possible in intermediate uptrend , so be ready.

Market Technicals:

Market Breadth : -

Market Trends : Short  term trend of market is up. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 4805 & 16075 for Nifty & Sensex respectively.

Support levels for Nifty are  5050 , 4950 ,  4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are 5120 , 5160 , 5195  , 5220 , 5240 , 5330 ,5400,  5570.

Breakout  Stocks of the day : TTML

Swing Trading Calls In Feb 2010 at the BOTTOM of this page.

Thursday Nifty opened with gap n could not cross the 5990 level throughout the session. Nifty established  5050 as intra day support. Metal stocks were strongest for the day. Global market trend was down during  Indian stock market hours.

Observations:

• Considerable selling in global markets today.
• Moderate chances of short term downtrend.
• Intermediate uptrend  have target of  5120 , 5400 levels. Nifty is trading just near 5120 so there are high chances of  Nifty  touching that level.  5400 is looking impossible at present , but anything can happen in intermediate uptrend , so be ready.
• Important moving average lines are  in the zone of 4920 to 4970.

Market Technicals:

Market Breadth : 1.80

Market Trends : Short  term trend of market is up. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 4805 & 16075 for Nifty & Sensex respectively.

Support levels for Nifty are  5050 , 4950 ,  4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are 5120 , 5180 , 5240 , 5330 ,5400,  5570.

Breakout  Stocks of the day : LIC Hsg Fin. , Rcom

Swing Trading Call In Feb 2010( On 2 March 10)

ACC Bought @ 865 & Sold @ 916 in just 5 Days.

Adani Ent. Bought @ 468 & Sold @ 510 in just 7 Days.

Ambuja Cement Bought @ 100 & Sold @ 108 in just 7 Days.

Axis Bank Bought @ 1067  & Still Holding.

BEL Bought @ 2070 @ sold @ 2030. Loss 40/- or 2 %.

Bharat Forge @ 255 & sold @ 245. Loss 10/- or 4%.

BHEL @ 2332 & Sold @ 2349/-

Cairn @ 160 & Sold @ 272/-

Cipla @ 321 & sold @ 311/- Loss 10/- or 3%.

Corp. Bank bought @  446 & Sold @ 432. Loss 14/- or 3%.

HCL Tech Bought @ 340 & Sold @ 365.

Hindalco Bought @ 145. Still Holding.

Idea bought @ 58. Still Holding.

L&T Bought @ 1460 & Still Holding.

Maruti Suziki Bought @ 1380 & sold @ 1340. Loss 40/- or 3%

Maruti Suziki Bought @ 1365 &  Still Holding.

Tata Motors Bought @ 710 & still Holding.