• Nifty is in the 5950 to 6000 region , which is important supply zone.

• Traders can watch 5940 as  support  on Nifty tomorrow. Some stocks might face selling pressure tomorrow.

• There are high chances of fresh intermediate up trend.

• Nifty’s short term trend is up. Nifty’s Intermediate trend is down.

• Nifty Target :   5300.

• Resistance for Nifty : 5980,6020 , 6070.

• Support for Nifty :    5730 , 5700 , 5560 , 5380 .

• Breakout Stocks : Solar Industries India , Page Industries ltd. , Dish Tv India , Bharat Forge.

• Global markets trend is up.

Nishant Kalaskar.

• Traders can watch 5840 as important support on Nifty tomorrow. 5950 to 6000 is important supply zone for Nifty. See the possible trading range in Nifty chart bellow.

• 5700-5750  range is a significant support region , bears might find it difficult to break it on downside.

• Nifty’s short term trend is down. Nifty’s Intermediate trend is down.

• Nifty Target :   5300.

• Resistance for Nifty : 5980,6020 , 6070.

• Support for Nifty :    5730 , 5700 , 5560 , 5380 , .

• Breakout Stocks : Bharti Airtel , Mundra Port , BGR Energy , Onmobile Global ,

• Global markets trend is DOWN.

Nishant Kalaskar

Performance Of   Trading  Calls

30/11/2010 Buy DLF @ 297.

Buy HCL Tech @ 400.

-                                                                                                  -

26/11/2010 Buy Nifty 5800 Call @ 135.

Exit Nifty 5800 Call @ 159. (+10% intraday)

Buy RPower @ 153.

Buy TCS @ 1042.

-                                                                                                  -

25/11/2010 Buy Nifty 5900 Put @ 29

Exit Nifty 5900 Put @ 90. ( 200% intraday Profit)

-                                                                                                  -

24/11/2010 Exit HDFC @ 696. (-3%)

24/11/2010 Exit Infosys @ 2990 (1.5%)

-                                                                                                  -

22/11/2010 Exit Nifty 6000 Put option @ 88.

22/11/2010 Long HDFC @ 718.

22/11/2010 Long Infosys @ 3330.

22/11/2010 Long Selan Explo @ 388.

-                                                                                                  -

19/11/2010 Long Nifty 6000 Put Option @ 65.

Exit Coal India @ 338 (+3.5% in one day)

Exit Educomp @ 607 (+8% in one day)

Exit Bharti Airtel @ 335 (+ 7% in two days)

Exit Cipla  @ 350 ( +2% in four days.)

Exit HDFC Bnk @ 2420 ( -2.5% in four days)

-                                                                                                  -

18/11/2010 Long Coal India @ 324.

Exit Nifty 6000 Put option @ 85(+100% in two days)

-                                                                                                  -

16/11/2010 Long Nifty 6000 Put option @ 36.

16/11/2010 Long Bharti Airtel @ 313.

16/11/2010 Long Educomp @ 552.

-                                                                                                  -

15/11/2010 Long HDFC Bnk  @ 2384.

15/11/2010 Long Cipla @ 343.

• Watch 6030 on Nifty, it will remain weak as long as it is trading  bellow that level. Nifty is near the 5950-6000 support range. Lets see if Nifty breaks or holds that range.

• Nifty has given vulnerable closing last week. Now onwards profit on Investments might start evaporating .  Bank Nifty , CNX Midcap Index , CNX IT Index , CNX 500 have confirmed intermediate downtrend on Friday. Protect profit even on mutual fund investments.

• Nifty’s short term trend is down. Nifty’s Intermediate trend is down.

• Nifty RSI is indicating sharper fall ahead.

• Nifty Target :  5700 , 5300.

• Resistance for Nifty : 6030 , 6150 ,6190, 6230, 6310, 6350.

• Support for Nifty : 5980 , 5940

• Bearish Breakout Stocks : Jai Corp , JKumar Infra. , ISPAT , IRB Infra , IOC , HCC , HCL Info. , Fortis Healthcare , Balrampur Chini , Aptech Ltd , Ansal Properties , Allied Digital , Agro Dutch ind , Zee News , Vediocon Ind , Thomas Cook , Tech Mahindra , SAIL , SKS Microfinance , Satyam Comp. , Reliance Infrastructure , Mundra Port , Mcleod Russel , JSW Energy , Jaypee Infra , Jayprakash Infra , Reliance Industries , Essar Oil , Yes Bank , Dhampur Sugar , Gujrat Pipavav , Tata Power .

• Global markets trend is DOWN.

Nishant Kalaskar.

We Proviede Mutual Fund Advisory

Investment in Mutual funds offers a better way to Long Term Wealth Creation. Here we ensure that your investment will be based on in depth quality research. We will monitor your portfolio closely and the performance will be reported to you time to time. We advice on  Entry & Exit strategies to ensure that investments objectives are fulfilled.

• 12:38 IST Tuesday : Watch 6030 on Nifty , weakness will continue bellow it.

• Nifty has given vulnerable closing last week. Now onwards profit on Investments might start evaporating .  Bank Nifty , CNX Midcap Index , CNX IT Index , CNX 500 have confirmed intermediate downtrend on Friday. Protect profit even on mutual fund investments.

• Nifty’s short term trend is down. Nifty’s Intermediate trend is down.

• Nifty RSI is indicating sharper fall ahead.

• Nifty Target :  5700 , 5300.

• Resistance for Nifty : 6150 ,6190, 6230, 6310, 6350.

• Support for Nifty : , 6030 ,5980 , 5940.

• Bearish Breakout Stocks : TV18 , TTML , Rico Auto , Reliance Capital , Polaris , NTPC , NHPC , Nagurjuna Const. , MTNL , IOC , Hotel Leela , Hinustan Copper , Ranbaxy , Suzlon , IBulls Sec. ,

• Global markets trend is DOWN.

Nishant Kalaskar.

• Nifty will continue to remain weak as long as its trading bellow 6120.  Nifty has given vulnerable closing this week. Now onwards profit on Investments might start evaporating .

• Bank Nifty , CNX Midcap Index , CNX IT Index , CNX 500 have confirmed intermediate downtrend today.

• Nifty’s short term trend is down. Nifty’s Intermediate trend is down.

• Nifty RSI is indicating sharper fall in next few days.

• Nifty Target :  5700 , 5300.

• Resistance for Nifty : 6115 ,6240, 6200, 6310, 6350.

• Support for Nifty : , 6030 ,5980 , 5940.

• Bearish Breakout stocks : Bombay Dying , Orbit Corp , NIIT Ltd , Neyveli Lignite, JK Laxmi Cement , IVRCL Infra , HDIL , Guj NRE Co, GMR Infra , Educomp , Dishman Pharma , Century Extru , Apollo Tyre , Amtek ind ,  FSL , Unitech , SBI , RCom , RCap , PFC , Lanco Infratech , IDFC , Hind Copper ,  .

• Global markets trend is DOWN.

Nishant Kalaskar.

Reading Glossary is highly recommended for better understanding of this Column.

• Protect Profit on your investments.

• Breakout bellow 5930 might create panic in market. So 5930 is exceptionally important level in next few days.

• Nifty’s short term trend is down. Nifty’s Intermediate trend is down.

• Today  stocks were traded heavily. Out of them  stocks are in short term up trend and  stocks are in short term down trend.

• Nifty Target :  5920 , 5700.

• Resistance for Nifty : 6115 ,6180 , 6200, 6280, 6310, 6340.

• Support for Nifty :  6030 ,5980, 5860, 5790, 5680.

• Bearish Breakout stocks : BOI ,BHEL ,DLF ,HCL Tech , RNRL ,RPower , Sesa Goa , Adani Power , Pricol , Tulsi Extr , Mundra Port , Videocon Ind , Sun Tv , Mphasis , Moser Baer , Mcleod Russel , ITC , HDIL , Exide , Balarampur Chini , Bajaj Hind ,

• Global markets trend is down.

I will be conducting Technical Analysis courses in Pune. Contact me to know the batch schedule.e

Nishant Kalaskar.

Reading Glossary is highly recommended for better understanding of this Column.

• Nifty is stuck in the range of 6050-6150. Wait for decisive move in next few days.

• Investors are safe as long as Nifty is trading above 5930. Breakout bellow that level might create panic in market. So 5930 is exceptionally important level in next few days.

• Nifty’s short term trend is up. Nifty’s Intermediate trend is down.

• Today 269 stocks were traded heavily. Out of them 200 stocks are in short term up trend and  69 stocks are in short term down trend.

• Nifty Target :  5920 , 5700.

• Resistance for Nifty : 6115 ,6180 , 6200, 6280, 6310, 6340.

• Support for Nifty :  6030 ,5980, 5860, 5790, 5680.

• Bearish Breakout stocks : Banco Products , Tata Steel , JSW Steel , Idea Cellular , Educomp Solution , Cairn India.

• Global markets trend is up.

I will be conducting Technical Analysis courses in Pune. Contact me to know the batch schedule.eNishant Kalaskar.

stock market technical analysis course in pune ,technical analysis course pune ,