Sunday, July 18, 2010

NIFTY THIS WEEK
This week nifty traded in a tight range with positive bias and closed below 5400 levels. Nifty surpassed the psychological levels 5400 and marked new 52 weeks high. Weekly volume was good. FII’s remained net buyers all long week.
DOW JONES
This week Dow traded in a tight range with negative bias and managed to close above 10000 levels. It was a mixed week. Volume was low.
NIFTY NEXT WEEK
As FII’s remained net buyers for past week I expect nifty to move up next week. The 5441 levels would be a strong resistant to surpass in next week. Technically nifty may mark New Year highs hereon. Credit policy falls on July 27th which is for market is waiting to react I feel so. Based on this I do not expect any deep correction next week.
DOW JONES
Next week, technically, I expect Dow to trade in positive zone. As the price declined without increase in volume last week, we may expect an up move next week.
Let’s see what happens next week.
NIFTY TRADING RANGE FOR NEXT WEEK
FOR UP MOVE 5405 – 5620
FOR DOWN MOVE 5405 - 5240
NIFTY MONDAY
As us market closed in red on Friday, we may see some selling pressure on the first half of the trade. As FII’s were remained net buyers on Friday we may not see any huge correction. Technically I expect nifty to close in the positive zone on Monday. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 5405 T1 – 5435, T2 – 5465, T3 – 5495 STOPLOSS – 5390
SELL BELOW 5390 T1 – 5360, T2 – 5330, T3 – 5305 STOPLOSS - 5405


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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