Friday, July 9, 2010

NIFTY THIS WEEK
This week nifty traded in a rather tight range with positive bias and closed above 5350 levels. It was closed around April 16th close level. Volume was low. Technically a bullish pattern had formed in the weekly price chart.
Dow Jones this week traded in a wide range with positive bias and managed to close above 10100 levels. Technically a bullish pattern had formed in the weekly price chart. Volume was low.
NIFTY NEXT WEEK
For next week trade IIP data would lead the market. Fresh buying may take nifty to higher levels. The 5383 levels would be a crucial level to be watched. FII’s are buying in a huge way is a positive for the market. Would nifty surpass this level, we may see nifty around 5550 levels next week itself. Technically I expect a breakout next week.
Dow Jones may trade in a mixed way next week with first half bullish and second half rather bearish. Technically I expect a range trade next week.
Let’s see what happens next week.
NEXT WEEK TRADING RANGE
FOR UP MOVE 5340 – 5620
FOR DOWN MOVE 5340 – 4950
NIFTY MONDAY
For Monday trade the 5383 levels would be crucial levels to be watched. As FII’s were huge buyers on Friday we may expect an up move on Monday. IIP data should be watched carefully for any trades in nifty. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 5355 T1 – 5385, T2 – 5415, T3 – 5445 STOPLOSS – 5340
SELL BELOW 5340 T1 – 5305, T2 – 5275, T3 – 5240 STOPLOSS – 5355

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.

For subscription, drop your mobile number, name & product in the comment box. For payment, I sms my bank account number.

For any queries mail me, scsudha72@gmail.com

Thanks for visiting!

No comments: