Friday, October 22, 2010

NIFTY THIS WEEK
This week nifty traded in a tight range with negative bias and closed below the 6100 levels. Volume was low compared to previous week volume. FII’s were remained net buyers for all long week. Technically an indecisive pattern had formed in the weekly price chart.

DOW JONES
This Dow had traded in a tight range with positive bias and managed to close above the 11,000 levels. Volume was increased compared to previous week volume. Technically an indecisive pattern had formed in the weekly price chart.

NIFTY NEXT WEEK
As FII’s were remained net buyers for next week we may expect an up move come week. Technically in weekly price chart a side way pattern had formed for past three week, so, would global cues happen to be positive, I expect an upward rally for around 800 points in ensuing weeks! My bias would be positive for come week.

DOW JONES
As Dow had closed above the significant level 11,000 we may expect Dow to trade in a positive region next week. The 11,140 would be the crucial levels to be watched for next week trade. Would it close above this level we may expect a rally for about 1500 points on upside. Technically I expect a break out next week in Dow. Let’s see what happens tomorrow.

NIFTY TRADING RANGE FOR NEXT WEEK
FOR UPMOVE 6100 - 6500
FOR DOWN MOVE 6100 - 5900

NIFTY ON MONDAY
Global cues would lead the market on Monday. As FII’s were remained net buyers on Friday we may expect an up move on Monday. Let’s see what happens on Monday.
NIFTY TIPS
BUY ABOVE 6080 T1 – 6110, T2 – 6140, T3 – 6170 STOPLOSS – 6065
SELL BELOW 6065 T1 – 6030, T2 – 6000, T3 – 5970 STOPLOS - 6080

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

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