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Nifty Today

Nishant Kalaskar — Thu, 02 Sep 2010 11:52:16 +0000

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Free Nifty Technicals

Watch 5470 on Nifty. Sustaining above 5515 on Nifty is important for bulls.
Market Breadth: 1.30
Nifty short term trend is up. Nifty Intermediate trend is up.
***(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (200)-(50) =150. ( Condition:VOLUME > 5 Lacs)
Nifty up side Target : 5580 , 5690.
Resistance for Nifty : 5490, 5520 , 5570 , 5600
Support for Nifty : 5450 ,5400, 5350, 5320, 5160, 5000.
Global markets are in intermediate up trend.

Nishant Kalaskar

*** Reading Glossary strongly recommended for better understanding of this column.

Subscribers positions

RIL @ 930.

RPower @ 156.

Power Grid @ 108.

Engineers India Ltd. @ 332

Lupin @ 374.

market today

Nishant Kalaskar — Tue, 31 Aug 2010 11:59:37 +0000

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Free Nifty Technicals

Nifty bounced back from the famous 5350 support level today.
Nifty is on the verge of starting fresh intermediate downtrend.
5370 is important support level for Nifty & exit trigger for investors. Watch 5470.
Market Breadth: 0.60
Nifty short term trend is down. Nifty Intermediate trend is up.
***(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (81)-(151) =-70. ( Condition:VOLUME > 5 Lacs)
Nifty up side Target : 5580 , 5690.
Resistance for Nifty :5450 , 5490, 5520 , 5570 , 5600
Support for Nifty : 5400, 5350, 5320, 5160, 5000.
RIL is just near its target zone of 900. Expecting Return of bulls in RIL.
Global markets are in intermediate downtrend.

Nishant Kalaskar

*** Reading Glossary strongly recommended for better understanding of this column.

Subscribers positions

Nifty 5300 Put Option @ 56.

Nifty 5400 Put Option @ 95.

Ranbaxy @ 491.

Power Grid @ 108.

Engineers India Ltd. @ 332

Lupin @ 374.

The way up and the way down are the one and the same: Plato

Market Today

Nishant Kalaskar — Mon, 30 Aug 2010 13:10:49 +0000

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Nifty is on the verge of starting fresh intermediate downtrend.
5370 is important support level for Nifty & exit trigger for investors. Watch 5470.
Market Breadth: 1.50
Nifty short term trend is down. Nifty Intermediate trend is up.
***(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (61)-(144) =-83. ( Condition:VOLUME > 5 Lacs)
Nifty up side Target : 5580 , 5690.
Resistance for Nifty :5450 , 5490, 5520 , 5570 , 5600
Support for Nifty : 5400, 5350, 5320, 5160, 5000.
RIL Target price : 900 & 750.
Global markets are in intermediate downtrend.

Nishant Kalaskar

*** Reading Glossary strongly recommended for better understanding of this column.

Subscribers positions

Nifty 5300 Put Option @ 56.

Nifty 5400 Put Option @ 95.

Power Grid @ 108.

Engineers India Ltd. @ 332

Lupin @ 374.

The way up and the way down are the one and the same: Plato

Daily Nifty Analysis August 2010

Nishant Kalaskar — Fri, 20 Aug 2010 12:10:16 +0000

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Expecting 3 to 5 % move in Nifty. 5700 & 5300 possible on Nifty in next week.
Sentiment will remains bullish as long as Nifty is holding 5470. Important hurdle 5600.
Market Breadth: 0.80
Nifty short term trend is up. Nifty Intermediate trend is up.
***(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (209)-(56) =153. ( Condition:VOLUME > 5 Lacs)
Nifty up side Target : 5580 , 5690.
Resistance for Nifty : 5570 , 5600
Support for Nifty : 5460 , 5400, 5350, 5320, 4980.
RIL Target price : 900 & 750.
Global markets are in intermediate downtrend.

Nishant Kalaskar

*** Volume above 500000 indicates heavily traded stocks. The total number of stocks having volume 500000 & more may vary. Short term is vary sensitive. Stock is either in Short term up trend or downtrend. The difference between them gives idea about the broad based short term trend in market.

Subscriber are holding long positions in

Hathway @ 210

TV18 @ 82

Engineers India Ltd. @ 332

OIL @ 1430.

Dabur @ 206.

market technical analysis

Nishant Kalaskar — Mon, 16 Aug 2010 11:58:16 +0000

Click To Enlarge the NIFTY CHART

Watch 5400 on Nifty , Cracking that level might trigger fresh selling in market.
Market Breadth: 0.60
Nifty short term trend is down. Nifty Intermediate trend is down.
(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (129)-(95) =34. ( Condition:VOLUME > 5 Lacs)
Nifty Down side Target : 5260 , 5120.
Resistance for Nifty : 5460 , 5490 , 5570.
Support for Nifty : 5400, 5350, 5320, 4980.
Nishant’s Oscillator has made fresh one month low & has also broken the blue trend line shown in the chart above. Bearish signal.
RIL Target price : 900 & 750.
Global markets are in intermediate downtrend.

Nishant Kalaskar

Market & nifty technical analysis August 2010

Nishant Kalaskar — Fri, 13 Aug 2010 13:23:08 +0000

Click To Enlarge the NIFTY CHART

Nifty remains range bound in the five week old trading range of 5350-5470.
Market Breadth: 2.60
Nifty short term trend down. Nifty is in Intermediate downtrend .
(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (136)-(117) =19. ( Condition:VOLUME > 5 Lacs)
Nifty Down side Target : 5260 , 5120.
Resistance for Nifty : 5460 , 5490 , 5570.
Support for Nifty : 5350 , 5320, 4980.
Upside bounce in RIL is possible but trend remains down. RIL Target price : 900 & 750.
Global markets are in intermediate downtrend.

Nishant Kalaskar

Today Our Trading Calls Subscribers have taken Long positions in

Cairn India Ltd. @ 346.

Hathway Cable @ 210.

TV18 @ 82

market trend today & free nifty chart

Nishant Kalaskar — Wed, 11 Aug 2010 12:57:18 +0000

Click To Enlarge the NIFTY CHART

Nifty short term trend down. Intermediate downtrend started for Nifty today.
Market Breadth: 0.60
RIL Target price : 900 & 750.
(No. of Stocks in short term up trend) – (No. of stocks in short term down trend)= (137)-(106)=31. ( Condition:VOLUME > 5 Lacs)
Nifty Down side Target : 5260 , 5120.
Resistance for Nifty : 5460 , 5490 , 5570.
Support for Nifty : 5350 , 5320, 4980.
As written in last week European markets have started facing profit booking. This might continue for next few days. American Nasdaq Composite also started intermediate downtrend today.

Nishant Kalaskar

market trend today & RIL target price

Nishant Kalaskar — Mon, 09 Aug 2010 11:48:03 +0000

Click to enlarge the free nifty eod chart.

2.45 pm: Nifty is on the verge of starting fresh intermediate downtrend.

2.45 pm: Its testing time for RIL investors. Important support for RIL 990. RIL’s target price 900 , 750.

Market Breadth : 4.10

Market is in short term uptrend. Intermediate trend of market remains up.

(No. of Stocks in short term up trend) – (No. of Stocks in short term down trend) = 180 – 73 = 107. So the money is with bulls. (Volume >500000 )

Nifty’s upside target is 5630. Nifty Resistance 5560.

Conservative bull’s stop : 5320

European markets will continue to see profit booking.

American Nasdaq Composite’s target : 2350 , Important support 2270.

Nishant Kalaskar (09881575125)

nifty technicals

Nishant Kalaskar — Tue, 03 Aug 2010 12:47:54 +0000

5445 is important resistance & 5400 important support to watch on Wednesday.
Breakout from the trading range will bring fresh long/short positions in the market. Lets see in which direction Nifty breaks.
Market Breadth : 1.50
Market is in short term uptrend. Intermediate trend of market remains up.
Nifty is trading in the range of 5350-5450. See the blue trendlines in the long term chart above.
Nifty’s upside target is 5650 in next few weeks
As written yesterday European markets have limited upside now. Chances of profit booking there.

Nishant Kalaskar

Nifty Technicals

Nishant Kalaskar — Tue, 27 Jul 2010 11:53:09 +0000

Reading Glossary recommended for better understanding of this column. Nifty technicals.

Thanks to www.freedighitalphotos.net for all images.

Lets see in which direction Nifty breaks the trading range shown by two blue dotted trend lines in the chart above ( 5350-5460).
Historically Nifty has faced selling pressure whenever nishant’s oscillator has moved near 40 level. The same oscillator is indicating fresh bullishness in market only if Nifty close above 5520 in next few days.
The red trend line of the channel in the long term Nifty chart (shown at the end of this column) or 5550 level may act as supply zone if Nifty continues marching upwards.
Moderate to hight risk in fresh long term (1 to 3 years) investment.

Market Technicals

Nishant Kalaskar

Thanks to www.freedigitalphotos.net for all images.