nifty future

Buy on dips. Buy on dips around 6000/5980.stoploss 5965.

nifty future outlook

Nifty future's projected high and low for next session is 6064 and 5905. Immediate resistance now comes at 6005 and only if sustains above 6005 on next session opening bell will try to check 6060-6084 on the upside. Big support band exists at 5976-5966-5943 and if no bounce emerges in the band we may even see 5916-5827 in the coming sessions. We still feel Nifty future is going to consolidate between a broder range of 5950-6350 for some time.

Everonn Education Limited

Everonn Education Limited Buy on dips chart

Nifty at a premium of nearly 3%

Nifty is currently trading at a premium of nearly 3% at 6121. This means either today or tomorrow it will correct at least as much or more. It will close below 6K in the next 2 days if the premium pricing is still working. With expiry coming close, volatility will rise. Global markets will contribute to the downside move.
If you think one day 100 point crash is going to end with just one day, you may be wrong. It is better to play safe.

Continue shorting on every rally for now as the trend is clearly down.

nifty outlook

nifty future may find support around 6000 / 5980 and rebound. In case 5980 is breached, next weekly support is expected around 5900. niftychart

nifty future levels

Nifty future traded in a very narrow range between 6295-6332 levels. Nifty future may continue to remain in the range of 6350-6250 range until it breaks on either side. Support for nifty future is at 6260/6225 levels and resistance is at 6355/6395 levels.

nifty future,s levels

Nifty future's projected high and low for next session is 6383 and 6298 (use this projection with other indicators). Immediate resistance now comes at 6349 and crossover above 6350 may move some more towards 6375-6395. Immediate supports in now comes near 6342-6334 and then at 6317. Only bulls need to be worried if price sustains below 6317.

INTRADAY NIFTY FOR 14 OCTOBER

INTRADAY STOCK AND INTRADAY NIFTY FOR 14 OCTOBER

nifty levels for 12.10.2010

Support 6120 and resistance 6180.

nifty weekly outlook

this week nifty likely to trade in a range 5980 - 6250.

nifty outlook

nifty may find resistance at 5688 / 5710.

Weakness likely in second half of the week

The Nifty is likely to face considerable resistance around 5,432, which is the higher end of the Bollinger band on the weekly charts. The daily chart indicates resistance around 5,407. Bulls should continue to have the upper hand, as long as the index sustains above 5,400. On the negative front, selling pressure may intensify when the index slips below 5,320.