Friday, August 27, 2010

NIFTY THIS WEEK
This week nifty traded in a tight range with negative bias and managed to close above the 5400 levels. Volume was low compared to previous week trade. FII’s were sold more than what they had bought this week. Technically an indecisive pattern had formed in the weekly price chart.

DOW JONES
This week Dow had traded in a tight range with negative bias and managed to close above the 10000 levels. The volume was increased compared to previous week trade. Technically in the weekly price chart a trend stopping pattern had formed.

NIFTY NEXT WEEK
Global cues would lead the market next week. The 5383 would be crucial levels to be watched for next week trade and below this level nifty may weaken. My bias would be positive for next week. For past 10 weeks nifty had been trading in a tight range without any significant move on either side. I expect an upside breakout next week.
As FED chairman had positively commented on their economy, I feel that ripples would be felt in our market. Would it happen, and then we may see nifty trading around 5700 levels next week.

DOW JONES
FED chairman’s positive comments would lead Dow to trade in positive zone I feel so. I expect a tight or rather wide range trade with positive bias come week. The 10000 levels would be crucial levels to be watched for next week because below this level we may see huge fall. The 10600 would be a gateway for bull trend.

Let’s see what happens next week.

NIFTY NEXT WEEK TRADING RANGE
FOR UP TREND 5400 – 5700
FOR DOWNTREN 5400 – 5200

NIFTY MONDAY
Global cues will lead the market on Monday. I expect a gap up opening. However the 5383 levels would be significant levels to be watched for Monday trade. Below this level nifty may weaken further. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 5405 T1 – 5440, T2 – 5470, T3 – 5600 STOPLOSS – 5390
SELL BELOW 5390 T1 – 5360, T2 – 5330, T3 – 5300 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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