| Niftyon27-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5412.35 | Op:5413.70 | Hi:5485.80 | Lo:5413.60 | Cl:5476.10 |
Here is your free Nifty analysis for 30-05-2011.
Nifty took support at lower trend line and bounced to 5476. If Nifty goes above 5500 and stays there we may see nifty reaching 5600 and 5700. People who bought 5800 call of June month can keep and hedge with buying a put at the money.
| Niftyon24-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5386.55 | Op:5385.10 | Hi:5422.60 | Lo:5367.45 | Cl:5394.85 |
Here is your free Nifty analysis for 25-05-2011.
In the great money spinner IPL CSK (Chennai Super Kings) stormed into finals.
Like that will Nifty follow suit?
If Nifty crosses the resistance points between 5400 and 5460 and stays above 5454 lot of short covering will happen and Nifty will reach 5500 to meat higher resistance.
We can buy 5500 call of next month and wait and when Nifty reaches 5500 buy 5500put and lock the profit.
| Niftyon23-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5486.35 | Op:5456.70 | Hi:5456.70 | Lo:5373.00 | Cl:5386.55 |
Here is your free Nifty analysis for 24-05-2011.
Nifty is near the lower line of the channel mentioned earlier.It may go either way. This week is settlement week and short covering may lift Nifty up.You must be prepared for either way movement. Buy at the money straddle.
| Niftyon19-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5420.60 | Op:5448.15 | Hi:5452.60 | Lo:5411.25 | Cl:5428.10 |
Here is your free Nifty analysis for 20-05-2011.
Nifty went upto 5452 and came down to close at 5428 after touching 5411 which is near the support at lower trend line of one year graph connecting June10 low and March11 low. IF Nifty goes down and close below 5400 we may see even 5300.
| Niftyon18-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5438.95 | Op:5448.20 | Hi:5460.50 | Lo:5401.25 | Cl:5420.60 |
Here is your free Nifty analysis for 19-05-2011.
Nifty is below the lower line of channel formed connecting Feb11 low and low formed on March21.Till Nifty goes above this channel( this makes interesting study; http://www.investopedia.com/articles/trading/05/020905.asp?partner=COTW05)If Nifty goes below 5400 it has the chance of touching 5300 level.
People bought the 5500call and 5500 put can book profit and keep the call, when it struggles to go below yesterday's low.
| Niftyon16-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5544.75 | Op:5541.70 | Hi:5487.65 | Lo:5499.00 | Cl: |
Here is your free Nifty analysis for 17-05-2011.
Nifty is near the support level of 5500. That is the only advantage for the market.Nifty may go either way.Buy 5500put and 5500call for the next month contract.
| Niftyon13-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5486.15 | Op:5492.35 | Hi:5605.00 | Lo:5472.15 | Cl:5544.7 |
Here is your free Nifty analysis for 16-05-2011.
Nifty went up to 5605 and came down to close at 5544. If Nifty does not go above 5600 and comes below close of yesterday we will find more down.Unless Nifty closes above 5600 we can expect lower points only.
| Niftyon9-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5551.45 | Op:5575.20 | Hi:5586.05 | Lo:5502.40 | Cl:5551.10 |
Here is your free Nifty analysis for 10-05-2011.
Nifty went up to 5586.05 and started coming down .Down ward movement arrested at 5502.40 and moved up to close at 5551.10. This means the market players are undesided. Today it may go either way.Unless Nifty moves above 5600 we may see more down side.
| Niftyon06-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5459.85 | Op:5477.65 | Hi:5564.40 | Lo:5472.45 | Cl:5551.45 |
Here is your free Nifty analysis for 09-05-2011.
Nifty has closed above 5550 which is important level. If nifty goes above 5600 where resistance prevailed previously Nifty may go to 5750 range and face resistance.One can buy 5800 call now and buy 5700 put when it reached 5750.But if Nifty struggles to go above 5600 buy 5500put immediately.
| Niftyon05-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5537.15 | Op:5531.60 | Hi:5560.30 | Lo:5443.65 | Cl:5459.85 |
Here is your free Nifty analysis for 06-05-2011.
Nifty as researched earlier and posted in this blog that it will come down to 5500 and below has come true.Now what? Only market will have to tell or will may 13 th(ELECTION RESULT) will pull down further. what ever may be it is good opportunity to buy low keeping in mind for investment purposes.
| Niftyon03-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5701.30 | Op:5689.70 | Hi:5710.80 | Lo:5554.85 | Cl:5565.25 |
Here is your free Nifty analysis for 04-05-2011.
Nifty went below 5700 level then broke 5600 and took support at 5550 level. If Nifty goes below this level it will go to 4800 level.
| Niftyon02-05-2011 | ||||
|---|---|---|---|---|
| Prcl:5749.50 | Op:5766.90 | Hi:5775.25 | Lo:5687.70 | Cl:5701.30 |
Here is your free Nifty analysis for 03-05-2011.
Nifty has closed near 200 DMA at 5701 after going down to touch 5687.70. So long Nifty stays above 5700 we may see 5900. Initially it may go down further to test lower point again and go up.To day market may rebound from this point on world market cues.
| Niftyon29-04-2011 | ||||
|---|---|---|---|---|
| Prcl:5785.45 | Op:5782.50 | Hi:5804.30 | Lo:5706.05 | Cl:5749.50 |
Here is your free Nifty analysis for 02-05-2011.
Nifty is spending its time between the range 5720-5940. On 29th it briefly touched 5706 and closed 40 points above. If Nifty does not go below the 5700 level
it will go to upper channel level of 5940 and face the selling pressure.
Every thing depends upon the RBI credit policy.
