10/30/2009

NIFTY

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TODAY SELL NIFTY AROUND 4774-4798 FOR A TARGET1-4750, TARGET2- 4720 keep SL-4810

TODAY BUY NIFTY AROUND 4700-4727 FOR A TARGET1-4750, TARGET2- 4780 keep SL-4680

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RECENT TARGET LEVEL

MID-TERM SWING TARGET ACHIEVED 4859-4809-4780 (NIFTY ALREADY HITS 4738)

AS MENTIONED YESTERDAY NIFTY WITH EXISTING SWING TARGET 4720-4715(NIFTY HITS 4738)

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TODAY

CLOSE BELOW 4777 LEVEL WILL TAKE UP TO 4580 LEVEL.

ABOVE 4807 LEVEL WILL TAKE UP TO 4836-4858

EXISTING SWING TARGET 4895-4980

TODAY HIGH LEVELS(using GANN'S) @ 4836-4840 or 4858 (if 4807 crosses)

LOW LEVEL (using GANN'S) @ 4695

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NIFTY GANN'S CHART

NIFTY FIBONACCI CHART

NIFTY SWING CHART

NIFTY TREND CHART

NIFTY PIVOT TABLE


10/29/2009

NIFTY

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TODAY SELL NIFTY AROUND 4848-4871 FOR A TARGET1-4825, TARGET2- 4795 keep SL-4890

TODAY BUY NIFTY AROUND 4780-4803 FOR A TARGET1-4825, TARGET2- 4855 keep SL-4750

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LAST TWO DAYS WRITING ABOUT NIFTY MID-TERM SWING TARGET 4859-4809-4780 (NIFTY ALREADY HITS 4784). STILL LOOKING WEAK IN THE CHARTS.

DAILY TREND SUPPORT@ 4777. WEEKLY MAJOR SUPPORT@4798

TWO CONTINUOUS DAY CLOSE & WEEKLY CLOSE BELOW 4777 LEVEL WILL TAKE UP TO 4580 LEVEL.

TODAY HIGH/LOW LEVELS(using GANN'S) @ 4840-4853 / 4759-4737

NIFTY WITH EXISTING SWING TARGET 4720-4715

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NIFTY GANN'S CHART

NIFTY TREND CHART

NIFTY SWING CHART

NIFTY FIBONACCI CHART

NIFTY PIVOT TABLE

10/28/2009

NIFTY

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11:15am(USING 2562 INTRADAY THEORY)




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TODAY SELL NIFTY AROUND 4885-4924 FOR A TARGET1-4850, TARGET2- 4805 keep SL-4940

TODAY BUY NIFTY AROUND 4769-4808 FOR A TARGET1-4845, TARGET2- 4895 keep SL-4750

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AS MENTIONED YESTERDAY, BELOW 4961 KISSED 4931 & BELOW 4905 KISSED 4865.

WEEKLY MAJOR SUPPORT@4798

FALLING WEDGE IN 5-MINUTE CHART MAY TAKE NIFTY UP TO 4890

ABOVE THAT NIFTY TARGETING 4920-4955-5025 LEVEL.

GANN'S SUPPORT @ 4803 & 4760 & RESISTANCE @ 4899

NIFTY WITH A MID-TERM SWING TARGET OF 4859-4809-4780 (YESTERDAY NIFTY HITS 4829)

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NIFTY SWING CHART

NIFTY WEEKLY CHART

NIFTY 5-MIN CHART

NIFTY FIBONACCI CHART

NIFTY GANN'S CHART

NIFTY PIVOT TABLE

10/27/2009

NIFTY

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@10:15am(USING 2562 INTRADAY THEORY)




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TODAY SELL NIFTY AROUND 5010-4990 FOR A TARGET1-4970, TARGET2- 4940 keep SL-5030

TODAY BUY NIFTY AROUND 4950-4930 FOR A TARGET1-4970, TARGET2- 4995 keep SL-4910

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AS MENTIONED YESTERDAY, BELOW 4961 NON-STOP SLIDE TILL 4936-4931 NOT RULED OUT.

TODAY BREAKS 4931 WILL TAKE UP TO 4905. MONTHLY SUPPORT@4915

IF 4905 BREAKS THEN NON-STOP SLIDE TILL 4865(GANN'S & FIBONACCI SUPPORT) LEVEL.

NIFTY WITH A MID-TERM SWING TARGET OF 4859-4809-4780

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NIFTY SWING CHART

NIFTY TREND CHART

NIFTY GANN'S CHART

NIFTY FIBONACCI CHART

NIFTY PIVOT TABLE

10/26/2009

NIFTY

@11:45am

USING INTRADAY THEORY,

SELL NIFTY @ 4961-4956 TARGET 4936-4931 SL-5007

BUY NIFTY @ 5018 TARGET 5042 SL-4967

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TODAY SELL NIFTY AROUND 5016-5036 FOR A TARGET1-4995, TARGET2: 4965 keep SL-5055

TODAY BUY NIFTY AROUND 4957-4977 FOR A TARGET1-4995, TARGET2: 5025 keep SL-4935

MONTHLY SUPPORT EXISTING@4915 & TREND SUPPORT@4957

MAJOR GANN'S RESISTANCE @ 5055-5068

MAJOR CHANNEL RESISTANCE @ 5078

NIFTY TREND CHART

NIFTY GANN'S CHART

NIFTY MONTHLY CHART

NIFTY WEEKLY CHART

NIFTY FIBONACCI CHART

NIFTY PIVOT TABLE

10/23/2009

NIFTY

TODAY SELL NIFTY AROUND 5015-5042 FOR A TARGET1-4990, TARGET2: 4960 keep SL-5060

TODAY BUY NIFTY AROUND 4962-4935 FOR A TARGET1-4985, TARGET2: 5025 keep SL-4915

GO SHORT AROUND 5060-5065(MAJOR CHANNEL RESITANCE) FOR A TARGET OF 4990(in minutes it will reach these levels) SL-5085

MAJOR CHANNEL RESISTANCE @ 5045 & 5061

MAJOR GANN’S RESISTANCE @ 5039

If NIFTY able to cross & hold 5045-5061 level for 10-15minutes then BULL rally will start(short covering), minor support @ 5018-5014(Fibonacci levels), breaks will take up to 4990 level in minutes.

NIFTY TREND CHART

NIFTY FIBONACCI & SWING CHART

NIFTY GANN'S CHART

NIFTY PIVOT TABLE

10/22/2009

NIFTY

TODAY SELL NIFTY AROUND 5100-5082 FOR A TARGET1-5055, TARGET2: 5040 keep SL-5120

TODAY BUY NIFTY AROUND 5025-5045 FOR A TARGET1-5060, TARGET2: 5085 keep SL-5000

MAJOR CHANNEL SUPPORT @ 5045 & 5029

MAJOR GANN’S SUPPORT @ 5023

If breaks & hold 5023 level for 10-15minutes then BEARS will have upper hand, minor support @ 5005(swing target level), breaks will take up to 4970 level in hours.

NIFTY TREND CHART

NIFTY FIBONACCI CHART

NIFTY GANN'S CHART

NIFTY SWING CHART

NIFTY PIVOT TABLE

10/20/2009

NIFTY

TODAY SELL NIFTY AROUND 5156-5172 FOR A TARGET1-5140, TARGET2: 5120 keep SL-5185

TODAY BUY NIFTY AROUND 5127-5110 FOR A TARGET1-5140, TARGET2: 5165 keep SL-5100

NIFTY STILL HOLDING ALL MAJOR SUPPORT CHANNEL, THERE IS A POSSIBILITY FOR A NEW HIGH.

GANN'S LEVEL@ 5159(or)5135(this could be either HIGH/LOW levels for the day)

MAJOR SUPPORT @ 5015

NIFTY TREND CHART

NIFTY WEEKLY CHART

NIFTY FIBONACCI CHART

NIFTY GANN'S CHART

NIFTY PIVOT TABLE

10/15/2009

NIFTY

TODAY SELL NIFTY AROUND 5138-5158 FOR A TARGET1-5120, TARGET2: 5090 keep SL-5165

TODAY BUY NIFTY AROUND 5078-5098 FOR A TARGET1-5120, TARGET2: 5140 keep SL-5060

AS MENTIONED YESTERDAY EXISTING SWING CAN STRECTH UPTO 5140 (Due to +ve global cues it has stretched to 5152 level) , my SL-5155

NOW NIFTY may retrace till 5070 LEVEL before head HIGHER.

TODAY breaks 5070 level will create PANIC SELLING.

MAJOR TREND SUPPORT@4965

NIFTY TREND CHART

NIFTY FIBONACCI CHART

NIFTY SWING CHART

NIFTY GANN'S CHART

NIFTY PIVOT TABLE


10/14/2009

NIFTY

TODAY SELL NIFTY AROUND 5086-5120 FOR A TARGET1-5060, TARGET2: 5020 keep SL-5135

TODAY BUY NIFTY AROUND 5020-4990 FOR A TARGET1-5050, TARGET2: 5090 keep SL-4975

NIFTY STILL HOLDING ALL MAJOR SUPPORT CHANNEL, THERE IS A POSSIBILITY FOR A NEW HIGH. BREAKS 4990 is the sign of weakness.

EXISTING SWING TARGET IS 5140(Go SHORT around that level with SL 5155 for a target 5050)

MAJOR SUPPORT @ 4940

NIFTY TREND CHART

NIFTY GANN'S CHART

NIFTY MONTHLY CHART

NIFTY PIVOT TABLE

NIFTY SWING CHART

NIFTY WEEKLY CHART

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All the content mentioned in this blog is my personal journal and should not be taken as a trading advice. Please use the content purely for learning purposes. I may or may not be holding any positions in the stocks/contracts under discussion. I will not be responsible for your profits or losses