Saturday, September 11, 2010

NIFTY THIS WEEK
At last long waited breakout had happened. Nifty managed to close above the psychological level 5600. Volume was decreased compared to last week. FII’s were net buyers for all long week except one day. Technically a bullish pattern had formed in the weekly price chart.
DOW JONES
This week Dow traded in a tight range with negative bias and managed to close above the crucial 10200 levels. Volume was increased compared to previous week. Technically an indecisive pattern had formed in the weekly price chart.
NIFTY NEXT WEEK
As the IIP data had beat the street expectation and US’s long term infra spending would sustain the ongoing Bull Run in next week too, I feel so. I expect nifty to trade around 5800 levels next week. Technically a bullish pattern had formed in the price chart and I expect a wide range trade with positive bias next week.
DOW JONES
The unemployment data and government long term infra spending are very positive for the market; we may expect an up move in the ensuing week. The 10600 levels would be a significant level to be watched.

NIFTY TRADING RANGE FOR NEXT WEEK
FOR UP MOVE 5600 - 5800
FOR DOWN MOVE 5600 - 5400
NIFTY MONDAY
As FII’s were good buyers on Friday we may expect an up move on Monday. However global cues will lead the market. The 5600 levels would be significant levels to be watched. My bias would be positive. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 5640 T1 – 5670, T2 – 5700, T3 – 5730 STOPLOSS – 5625
SELL BELOW 5625 T1 – 5590, T2 – 5560, T3 – 5530 STOPLOSS - 5640



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: