NIFTY THIS WEEK
This week nifty had traded in a tight range with positive bias and closed above the psychological level 5400. Nifty had witnessed heavy selling pressure at every raise. Volume was low compared to previous week. FII’s remained net buyers for all long week. This week nifty had marked new year highs and break out had happened which was awaited for.
DOW JONES
DOW this week traded in a wide range with positive bias and closed above Feb. 19th close. The 10375 levels act as a support for DOW and it closed just above this level. Volume was increased compared to previous week.
NIFTY NEXT WEEK
An important economic event, credit policy, falls on next week. Its outcome would give direction for nifty. In addition contract expiry too falls on next week. Furthermore FII’s were remained continuous buyers for past two weeks and nifty remains in year high levels, we may expect them to book profits at higher levels. Based on this I expect a mixed trade next week. Technically, in the weekly price chart nifty remains above the 20 &50 EMA indicators.
DOW JONES
Any positive news can push DOW to the 10600 levels next week. Let’s see what happens next week.
Let’s see what happens next week.
NIFTY NEXT WEEK TRADING RANGE
FOR AN UP MOVE 5400 – 5550
FOR DOWN MOVE 5400 – 5200
NIFTY FOR MONDAY
For Monday trade the 5483 levels would be crucial to be watched. Global cues would lead the market. On credit policy expectation I feel market would remain in a tight range with positive bias. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 5450 T1 – 5485, T2 – 5505, T3 – 5530 STOPLOSS – 5435
SELL BELOW 5430 T1 – 5405, T2 – 5380, T3 – 5355 STOPLOSS - 5450
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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