NIFTY THIS WEEK
This week nifty traded in a tight range with negative bias and managed to close above the 5200 levels. Volume was rather good. FII’s remained net sellers except one day. Technically in the weekly price chart an indecisive pattern had formed. Global cues would decide the trend going forward.
DOW JONES
This week Dow traded in a wide range with negative bias and closed just below 9600 levels. Volume was very low. Technically in the weekly price chart a strong support exits around 9500 levels.
NIFTY NEXT WEEK
Next week, would nifty manage to stay above the crucial level 5275, then we may say bulls are intact; else we may see steep correction. Below 5180 levels we may see huge selling pressure. For past 10 trading sessions Dow had been sliding without any significant recovery. I expect a pullback rally in Dow next week and this in turn would propel nifty to 5400 levels. The proportion of FII’s selling to buying from June 10 is 10-odd percent. Based on this any negative global cues may trigger huge selling. Furthermore any positive news may elevate nifty to 5500 plane.
DOW JONES
Next week, 9500 levels would be crucial levels to be watched. Below these levels we may see heavy selling pressure. As the volume previous week was not increased in tandem with price decrease, I expect a pull back next week. Let’s see what happens next week.
NIFTY NEXT WEEK TRADING RANGE
FOR UP MOVE 5240 – 5520
FOR DOWN MOVE 5240 – 4850
NIFTY TIPS FOR MONDAY
MONDAY LEVELS
Technically in the daily price chart an indecisive pattern had formed on Friday. So, clearly global cues lead the market on Monday. Let’s see what happens on Monday.
NIFTY LEVELS
BUY ABOVE 5240 T1 – 5275, T2 – 5305, T3 – 5335 STOPLOSS – 5225
SELL BELOW 5225 T1 – 5190, T2 – 5165, T3 – 5135 STOPLOSS - 5240

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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