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Chennai, Tamil nadu, India

Monday 21 July 2008

21-07-2008 Views

Hi, Closed at4092.25 and immediate sup 4073 below which4063and 4030 below which 3940, 3930. may bounce from3940,3930 region or from3800 region. If it materialises it will face resistance at 4157, then 4200. Major resistance will be above 4200 to 4400. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Monday 14 July 2008

15-07-2008 Views

Hi, On 14-07-2008 nifty touched 4004 in the first fiveminutes itself and started mooving up. it met resistance near 4114 at 4118 came down . It closed at 4040 . If nifty moves up above 4100 then nifty will go to 4200 level and get resisted there. Downside below 3995 it will go to 3800 and 3700. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Sunday 13 July 2008

14-07-2008 Views

Hi, Nifty is at very important level. If nifty tests 4002 and 3989 and goes below there is chance for it to go down to 3800,3700 levels . If it rebounds from 3989 Nifty may moove up to4141 and 4200 levels. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Tuesday 8 July 2008

08-07-2008 Views

Hi, Nifty has to cross 4093 first and resistance then4140 level.we may get selling at this place . Today nifty will be up and down. After Prsident comes to capital thenonly the real political drama start. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Monday 7 July 2008

07-07-2008 Views

Hi, We are starting another week . Nifty closed above 4000. Now Nifty will have resistance at 4100 area and to sustain bullishness it has to pass above 4100. Else it will come down to 3950, 3700 and 3550 levels. The visiters are adviced to follow the trend since the political drama will affect the market very much. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Friday 4 July 2008

04-07-2008 Views

Hi, NIFTY went down to 3850 level(3875 was low)like it was pedicted for 3-7-2008.Nifty opened just2 points above the pevious close, 4093 and closed at3926 above yesterday's low and open.The world indices are mixed. If Asian markets are positive Nifty may show some strength. But everything will depend upon the political drama and the inflation figures which will be released today. If anyone had followed yesterday's sugestion it would have turned profitable. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Thursday 3 July 2008

03-07-2008 Views

Hi, On 02-07-2008 NIFTY closed 196 points up. The recovery was V shaped and sharp. It is resting below 4100 at4093 which is low of June 25. The American and Europian indices are in red and at the time of this posting all important Asian indices are also in red(Indian time 8.15 A.M.). NIFTY has not bottomed out and it has resistance at 4140 level and if Nifty closes above this level convincingly it will touch 4300 level.Otherwise it will travel back to 3850 levels. 3800 put can be bought now and 4100 call can be bought when the market dips and the premium for 4100c is available at lower rates. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Tuesday 1 July 2008

1-7-2008 Views

Hi, Some more down side is expected .Nifty may go down to reach 3980 level and go down further to 3933.If NIFTY goes down further it may rebound from 3840.All stock levels are at low level and buying may emerge selectively. What ever may be we have not reached bottom. Upperside it will reach 4300 level with ease and face heavy resistance. If NIFTY survives the onslaught at this juncture and stays above 4300 NIFTY will reach 4400. While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.

Indivdual company of NIFTY50

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INDIVIDUAL COMPANY IN NIFTY JUNIOR

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