Saturday, September 18, 2010

NIFTY THIS WEEK
This week nifty traded in a wide range with positive bias with marking new high and volume was increased compared to previous week volume. FII’s were remained huge buyers for all long week. This week they had bought for 9000-odd crores! Technically in the weekly price chart, past two weeks, a marubozu white candles had formed which a bullish pattern.
DOW JONES
This Dow traded in a tight range with positive bias and managed to close above the last week close. Weekly volume was increased compared to previous week. In addition it also surpassed the crucial 10600 levels which was the open level on Aug 11! Technically in the weekly price chart an up move pattern had formed.

NIFTY NEXT WEEK
As FII’s were remained net buyers for last week we may expect an up move next week. However global cues cannot be ruled out. Technically I expect nifty to mark new highs in next week. The psychological level 6000 would be a crucial level to be watched and also have an eye on the 5830 levels. We may see nifty to trade around 6000 levels net week I hope so. My bias would be positive for next week.
DOW JONES
After one month Dow had touched the crucial 10600 levels which is good news for the market. Very small degree of improvement in the important economic data may help to sustain the up move in ensuing week, I feel so. Technically I expect an up move next week and also looking forward for Dow to surpass its 52 wks high. NIFTY NEXT WEEK TRADING RANGE
FOR UP MOVE 5900 – 6100
FOR DOWN MOVE 5900 – 5700
Let’s see what happens next week.

NFITY MONDAY
Global cues would lead the market. As FII’s were net buyers on Friday we may expect an up move on Monday. Technically the 5860 level would be crucial level to be watched. Let’s see what happen on Monday.
NFITY TIPS
BUY ABOVE 5885 T1 – 5910, T2 – 5940, T3 – 5970 STOPLOSS – 5870
SELL BELOW 5870, T1 – 5840, T2 – 5810, T3 – 5780 STOPLOSS - 5885
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: