Saturday, June 26, 2010

NIFTY THIS WEEK
Nifty this week traded in a tight range with negative bias and closed below the 5300 levels. Volume was good. FII’s remained net buyers thought the week except Friday. Technically a indecisive pattern had formed in the weekly price chart.
Dow Jones traded in a wide range with negative bias and closed below the 10200 levels. Volume was very low. Technically a bearish pattern had formed in the weekly price chart.

NIFTY NEXT WEEK
For next week trade the 5275 and 5383 levels would be significant level to be watched. As FII’s had turned net buyers for the past two weeks we may expect an up move from here. Technically in the weekly price chart a breakout pattern had formed. I expect a breakout possibly up side next week.
Dow Jones last week declined without increase in volume. Any price decline without increase in volume is not bearish. Based on this I expect it would trade in the positive zone. Let’s see what happens on next week.
NIFTY TRADING RANGE
FOR UPMOVE 5275 – 5550
FOR DOWN MOVE 5275 – 4850

NIFTY FOR MONDAY
For Monday trade the 5275 and 5383 levels should be watched carefully. As FII’s turned net buyers, we may expect an up move on Monday. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 5275 T1 – 5305, T2 – 5330, T3 – 5360 STOPLOSS – 5260
SELL BELOW 5260 T1 – 5235, T2 – 5205, T3 – 5180 STOPLOSS - 5275

SUBSCRIPTION DETAILS.

NIFTY FUTURE TIPS - 3000/= per month.
• DAILY 1 – 2 CALLS on CURRENT MONTH FUTURES
• Sometimes BANK NIFTY CALLS given
• MONTHLY around 35 – 40 CALLS in 22 trading sessions
• WEEKLY market predictions & TRADING RANGE given
• We assure 70% - 80% ACCURACY
• Good attention all the time
• Calls given through SMS.


STOCK TIPS - 3000/= per month.
• Daily 3 – 5 cash market calls
• Around 6 – 8 swing calls will be given per month
• Nifty daily outlook will given
• We assure 70% - 80% ACCURACY
• Good attention all the time
• Calls given through SMS.

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