NIFTY HOURLY

 

FOR 3-3:30pm

LOWER CIRCUIT LEVEL – 4654.7 ((GO LONG FROM 4654-4659 WITH SL 4650)

UPPER CIRCUIT LEVEL – 4674 (GO SHORT FROM 4674-4670 WITH SL 4678)

FOR 3-4pm

 LOWER CIRCUIT LEVEL – 4643 (GO LONG FROM 4643-4653 WITH SL 4640)

 UPPER CIRCUIT LEVEL – 4686 (GO SHORT FROM 4676-4686 WITH SL 4690)

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HOW UPPER/LOWER CIRCUIT WORKS??

  BULLISH

  Go LONG above UPPER CIRCUIT with UPPER-CIRCUIT level as STOP-LOSS

Go LONG near LOWER CIRCUIT with LOWER CIRCUIT level as STOP-LOSS

BEARISH

Go SHORT below LOWER CIRCUIT with LOWER-CIRCUIT level as STOP-LOSS

Go SHORT near UPPER CIRCUIT with UPPER CIRCUIT level as STOP-LOSS

 

(NOTE: ALL THESE LEVELS WHERE APPLICABLE ONLY FOR THAT PARTICULAR HOUR)

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NIFTY

I PLANNED TO UPDATE MY BLOG HOURLY FROM TODAY, REGARDING UPPER/LOWER CIRCUIT OF NIFTY FOR EVERY HOUR (from 11am-3.30pm).

Happy trading to all.

GANN'S SUPPORT@4530(MAJOR)

NIFTY STILL TO CONFIRM UP-TREND

AS PER THE BELOW CHART TILL 20SEP09 UP MOVE WILL CONTINUE

MID-TERM TREND

4732 CRUCIAL SUPPORT FOR NIFTY

WEEKLY CHART

MONTHLY CHART - BELOW 4580 BEARS WILL HAVE UPPER HAND

PIVOT TABLE

BUY NIFTY AROUND 4705-4680 FOR A TARGET1-4730, TARGET2: 4760 keep SL-4670

SELL NIFTY AROUND 4785-4760 FOR A TARGET1-4730, TARGET2: 4705 keep SL-4795

NIFTY

NOTHING MUCH TO ADD UNTIL BREAKOUT HAPPEN 4750/4600 LEVEL

BUY NIFTY AROUND 4655-4670 FOR A TARGET1-4690, TARGET2: 4705 keep SL-4640

SELL NIFTY AROUND 4722-4705 FOR A TARGET1-4685, TARGET2: 4670 keep SL-4735

NIFTY

TREND DECIDING DAY

4750 & 4570 breakout levels.

Till 1.30-2pm no major move expected.

few BEARISH Signal in the charts (See yesterday's chart for BULLISH). So wait for the break-out levels & trade accordingly

TODAY if 4730-4750 not crossing with volumes ???? PANIC SELLING WILL START

BUY NIFTY AROUND 4660-4670 FOR A TARGET1-4680, TARGET2: 4690 keep SL-4650

SELL NIFTY AROUND 4702-4692 FOR A TARGET1-4680, TARGET2: 4660 keep SL-4710

NIFTY

WAIT & WATCH NIFTY WILL BREAK 4750 LEVEL BY TOMORROW AFTER 2PM.

EXPIRY WILL BE ABOVE 4750 ONLY

BUY ON DIPS AROUND 4630-4610 SL4570

BUY NIFTY AROUND 4610-4620 FOR A TARGET1-4655, TARGET2: 4685 keep SL-4600

SELL NIFTY AROUND 4710-4685 FOR A TARGET1-4665, TARGET2: 4630 keep SL-4720

NIFTY

BUY NIFTY AROUND 4585 FOR A TARGET1-4635, TARGET2: 4675 keep SL-4570

SELL NIFTY AROUND 4705-4675 FOR A TARGET1-4650, TARGET2: 4610 keep SL-4710

(NOTE: DEPENDS UPON DAY OPENING & GLOBAL CUES GO LONG OR SHORT -->TRADE TOWARDS THE TREND)

NIFTY

TODAY SHOULD BE A TREND DECIDING DAY.

BUY NIFTY ABOVE 4605 FOR A TARGET1-4660, TARGET2: 4700 keep SL-4565

BUY NIFTY AROUND 4540 FOR A TARGET1-4600, TARGET2: 4660 keep SL-4500

NIFTY

BUY NIFTY AROUND 4400-4420 FOR A TARGET1-4445, TARGET2: 4485 keep SL-4385

SELL NIFTY AROUND 4485-4505 FOR A TARGET1-4460, TARGET2: 4425 keep SL-4520

NIFTY@2PM

NIFTY INTRADAY’S VIEW

NIFTY

AS NIFTY ALREADY BROKEN THE MONTHLY BULLISH CHANNEL@4580 LEVEL & ABOUT TO BREAK WEEKLY BULLISH CHANNEL@4360LEVEL

EXISTING SWING TREND WILL TURN TO BULLISH ONLY WHEN NIFTY TRADE ABOVE 4470-4480 LEVEL.

AS DAILY TREND IS BULLISH, GO LONG WITH A STOPLOSS OF 4360 FOR A TARGET OF 4520 LEVEL

BREAK-OUT LEVELS ARE 4350 & 4530

BUY NIFTY AROUND 4358 FOR A TARGET1-4385, TARGET2: 4420 keep SL-4350 -4320

SELL NIFTY AROUND 4450 FOR A TARGET OF 4400 SL-4470

Baby's Naming CEREMONY - 18AUG09

My baby was named as "K.DHARSHA"on 18Aug09 in chennai.

( I thought i will share a snap on my BABY's-naming CEREMONY to you all)

NIFTY

SHORT-TERM UPTREND CONFIRMED

KEEP STOP-LOSS 4490(Fibonacci support) & GO LONG FOR TARGET 4800 LEVEL

TRADE TOWARDS THE TREND "DON'T GO SHORT TODAY".

WAIT FOR 4544-4534 LEVEL & GO LONG WITH SL 4510

BUY NIFTY AROUND 4560-4544-4534 FOR A TARGET1-4584(Fibonacci & Gann intersestion point), TARGET2: 4607-4627keepSL-4510-4490

SELL NIFTY AROUND 4678 FOR A TARGET OF 4620 SL-4705

REMEMBER:

FROM MONDAY I WAS TELLING YOU ALL, CORRECTION WILL BE OVER VERY SOON WHEN NIFTY IS @ 4450 LEVEL & MENTIONED MAJOR SUPPORT @4350. SEE WHAT HAPPENED, ALREADY REACHED 4614 LEVEL FROM 4359

NIFTY @ 1PM

GO SHORT NOW WITH SL 4580 OR TODAY’S PREVIOUS HIGH.

TARGET 4525

NIFTY

10:03am

NOW GO LONG IN NIFTY AROUND 4525 SL 4510 TARGET 4560 LEVEL

TODAY NIFTY NEED TO CLOSE ABOVE 4460 LEVEL FOR UPTREND CONFIRMATION WITH TARGET OF 4560-4600 LEVEL

BUY NIFTY AROUND 4425-4390 FOR A TARGET OF 4450 SL-4380

SELL NIFTY AROUND 4520-4490 FOR A TARGET OF 4460 SL-4535

UP MOVE ALREADY STARTED NEED TO CONFIRM BY CROSSING 4530-4560 LEVEL FOR A TARGET 4850