"NIFTY LEVEL FOR FRIDAY (30.03.2012)

LAST THURSDAY’S (29.03.2012-EXPIRY DAY) CLOSE WAS AT 5178.85 (-15.90 POINTS). THE DAY HIGH WAS 5194.30 AND LOW WAS 5135.95. WEEKLY HIGH IS AT 5385.95 AND THE WEEKLY LOW IS AT 5135.95.

5SMA=5216                       9SMA=5245                     14SMA=5297                     20SMA=5297                     50SMA=5306                    100SMA=5071                    200SMA=5150

5-DAY RSI AT 35.89, 9-DAY RSI AT 39.05 AND 14-DAY RSI AT 42.73 INDICATES NIFTY IS IN BEARISH ZONE.

INTRADAY POSITIVE WILL BE ABOVE 5200 AND NEGATIVE WILL BE BELOW 5177. IMMEDIATE INTRADAY SUPPORTS ARE AT 5170, 5150 AND 5130 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5200, 5227, 5239, 5267 AND 5290 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5110-5250.

VIX AT 24.33 (-0.54)  IS INDICATING AVERAGE VOLATILITY IN THE MARKET.
BUY NIFTY FUTURE ABOVE 5200 FOR TARGET 5227/5234; STOPLOSS BELOW 5190.
SELL NIFTY FUTURE BELOW 5177 FOR TARGET 5150/5130; STOPLOSS ABOVE 5190.

FOR RISKY TRADE:  BUY RIL 740CE BETWEEN 20-22 FOR TARGET OF 35-50 WITH STOPLOSS OF 16; BUY 5900CE BETWEEN 2-2.25 AND HOLD TILL EXPIRY.

BEST BUY: WATCH FOR ITC (230CE), JPASSOCIATES (80CE). THOSE WHO WISHES TO TAKE A SMALL AMOUNT RISK, CAN BUY 5900/6000CE @2.10/1.30

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS.

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVELS FOR THURSDAY (29.03.2012)"

LAST WEDNESDAY’S (28.03.2012) CLOSE WAS AT 5194.75 (-48.40 POINTS). THE DAY HIGH WAS 5236.55 AND LOW WAS 5169.60. WEEKLY HIGH IS AT 5385.95 AND THE WEEKLY LOW IS AT 5169.60.

5SMA=5226                       9SMA=5260                     14SMA=5308                     20SMA=5305                     50SMA=5302                   100SMA=5072                   200SMA=5151

5-DAY RSI AT 38.04, 9-DAY RSI AT 40.74 AND 14-DAY RSI AT 43.60 INDICATES NIFTY IS IN BEARISH ZONE.
INTRADAY POSITIVE WILL BE ABOVE 5200 AND NEGATIVE WILL BE BELOW 5177. IMMEDIATE INTRADAY SUPPORTS ARE AT 5170, 5150 AND 5130 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5200, 5227, 5239, 5267 AND 5290 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5150-5250.

VIX AT 24.87 (-0.18)  IS INDICATING AVERAGE VOLATILITY IN THE MARKET.
DUE TO EXPIRY DAY, NO RECOMMENDATION FOR TODAY.

FOR RISKY TRADE:  BUY RIL 740CE (APRIL) BETWEEN 20-22 FOR TARGET OF 35-50 WITH STOPLOSS OF 16

BEST BUY: WATCH FOR BHARATIAIRTEL 340CE. THOSE WHO WISHES TO TAKE A SMALL AMOUNT RISK, CAN BUY 5900 OR 6000CE (APRIL) @1.50/2.50

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS.

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVEL FOR WEDENSDAY (28.03.2012)"

LAST TUESDAY’S (27.03.2012) CLOSE WAS AT 5243.15 (+58.90 POINTS). THE DAY HIGH WAS 5277.95 AND LOW WAS 5184.65. WEEKLY HIGH IS AT 5385.95 AND THE WEEKLY LOW IS AT 5174.90.

5SMA=5260                     9SMA=5281                   14SMA=5310                   20SMA=5314                   50SMA=5295                 100SMA=5073                 200SMA=5153

5-DAY RSI AT 44.53, 9-DAY RSI AT 44.50 AND 14-DAY RSI AT 46.25 INDICATES NIFTY IS IN BEARISH ZONE.

INTRADAY POSITIVE WILL BE ABOVE 5250 AND NEGATIVE WILL BE BELOW 5227. IMMEDIATE INTRADAY SUPPORTS ARE AT 5227, 5210 AND 5189 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5250, 5267, 5295, 5310 AND 5340 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5190-5300.
VIX AT 25.05 (-0.69)  IS INDICATING AVERAGE VOLATILITY IN THE MARKET.
BUY NIFTY FUTURE ABOVE 5250 FOR TARGET 5270/5290; STOPLOSS BELOW 5227.

SELL NIFTY FUTURE BELOW 5224 FOR TARGET 5200/5177; STOPLOSS ABOVE 5250.

FOR RISKY TRADE:  BUY RIL 740CE BETWEEN 22-24 FOR TARGET OF 35-50 WITH STOPLOSS OF 18

BEST BUY: WATCH FOR BHARATIAIRTEL (340CE)

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS.

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVELS FOR TUESDAY (27.03.2012)"

LAST MONDAY’S (26.03.2012) CLOSE WAS AT 5184.25 (-93.95 POINTS). THE DAY HIGH WAS 5274.95 AND LOW WAS 5174.90. WEEKLY HIGH IS AT 5385.95 AND THE WEEKLY LOW IS AT 5174.90.

5SMA=5266                       9SMA=5306                     14SMA=5308                     20SMA=5321                     50SMA=5288                   100SMA=5073                   200SMA=5154

5-DAY RSI AT 33.48, 9-DAY RSI AT 38.34 AND 14-DAY RSI AT 42.28 INDICATES NIFTY IS ENTERING BEARISH ZONE.

INTRADAY POSITIVE WILL BE ABOVE 5200 AND NEGATIVE WILL BE BELOW 5170. IMMEDIATE INTRADAY SUPPORTS ARE AT 5170, 5150 AND 5100 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5227, 5250, 5267 AND 5290 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5190-5270.
VIX AT 26.74 (+3.40) IS INDICATING MORE THAN AVERAGE VOLATILITY IN THE MARKET.
BUY NIFTY FUTURE ABOVE 5280 FOR TARGET 5310/5340; STOPLOSS BELOW 5267.

SELL NIFTY FUTURE BELOW 5267 FOR TARGET 5240/5210; STOPLOSS ABOVE 5280.

FOR RISKY TRADE:  BUY 5200CE BETWEEN 52-55 FOR TARGET OF 75-80 WITH STOPLOSS OF 48

BEST BUY: WATCH FOR ITC (230CE), JPASSOCIATES (80CE) AND BHARATIAIRTEL (340CE)

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS.

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVELS FOR MONDAY (26.03.2012)"

LAST FRIDAY’S (23.03.2012) CLOSE WAS AT 5278.20 (+49.75 POINTS). THE DAY HIGH WAS 5312.00 AND LOW WAS 5220.00. WEEKLY HIGH IS AT 5385.95 AND THE WEEKLY LOW IS AT 5205.65.

5SMA=5281                      9SMA=5333                    14SMA=5315                    20SMA=5326                    50SMA=5281                  100SMA=5074                  200SMA=5156

5-DAY RSI AT 44.88, 9-DAY RSI AT 45.50 AND 14-DAY RSI AT 47.47 INDICATES NIFTY IS IN BEARISH ZONE.

INTRADAY POSITIVE WILL BE ABOVE 5280 AND NEGATIVE WILL BE BELOW 5250. IMMEDIATE INTRADAY SUPPORTS ARE AT 5250, 5227 AND 5203 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5295, 5310, 5324, AND 5340 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5200-5340.
VIX AT 25.47 (-0.86) IS INDICATING AVERAGE VOLATILITY IN THE MARKET.
BUY NIFTY FUTURE ABOVE 5280 FOR TARGET 5310/5340; STOPLOSS BELOW 5267.

SELL NIFTY FUTURE BELOW 5267 FOR TARGET 5240/5210; STOPLOSS ABOVE 5280.

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS.

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVELS FOR MONDAY (12.03.2012)"

LAST FRIDAY’S (10.03.2012) CLOSE WAS AT 5333.55 (+113.10 POINTS). THE DAY HIGH WAS 5342.30 AND LOW WAS 5291.60. WEEKLY HIGH IS AT 5382.05 AND THE WEEKLY LOW IS AT 5171.45.

5SMA=5283                       9SMA=5320                     14SMA=5370                     20SMA=5399                     50SMA=5163                   100SMA=5057                   200SMA=5164

5-DAY RSI AT 53.80, 9-DAY RSI AT 49.84 AND 14-DAY RSI AT 51.88 INDICATES NIFTY IS IN BULLISH ZONE.

INTRADAY POSITIVE WILL BE ABOVE 5350 AND NEGATIVE WILL BE BELOW 5310. IMMEDIATE INTRADAY SUPPORTS ARE AT 5310, 5290, 5268 AND 5241 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5350, 5371, 5382, 5400, 5420 AND 5450 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5290-5420.  GLOBAL INDICATORS ARE INDICATING A GAP UP OPENING ABOVE 5382/5400. VIX AT 25.47 (-0.86) IS INDICATING AVERAGE VOLATILITY IN THE MARKET.

BUY NIFTY FUTURE ABOVE 5370 FOR TARGET 5390/5420; STOPLOSS BELOW 5350.

SELL NIFTY FUTURE BELOW 5350 FOR TARGET 5330/5310; STOPLOSS ABOVE 5370.

FOR RISKY TRADE:  BUY 5500CE AROUND 65-70 WITH STOPLOSS OF 55 AND HOLD FOR A TARGET OF 90/100 (SMALL QTY);

BEST BUY: WATCH FOR ITC, SBIN, ICICI.

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS.

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVELS FOR FRIDAY (09.03.2012)"

LAST WEDNESDAY’S (07.03.2012) CLOSE WAS AT 5220.45 (-1.95 POINTS). THE DAY HIGH WAS 5243.85 AND LOW WAS 5171.45. WEEKLY HIGH IS AT 5382.05 AND THE WEEKLY LOW IS AT 5171.45.

5SMA=5288                        9SMA=5314                      14SMA=5387                      20SMA=5403                      50SMA=5149                    100SMA=5055                    200SMA=5164

5-DAY RSI AT 21.44 AND 14-DAY RSI AT 42.86 INDICATES NIFTY IS IN BEARISH ZONE. 

INTRADAY POSITIVE WILL BE ABOVE 5241 AND NEGATIVE WILL BE BELOW 5200. IMMEDIATE INTRADAY SUPPORTS ARE AT 5200, 5170, 5150, 5110 AND 5080 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5240, 5268, 5294, 5330 AND 5350 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5170-5330. VIX AT 26.33 (-1.01) IS INDICATING AVERAGE VOLATILITY IN THE MARKET.

BUY NIFTY FUTURE ABOVE 5241 FOR TARGET 5268/5300; STOPLOSS BELOW 5220.

SELL NIFTY FUTURE BELOW 5220 FOR TARGET 5210/5170; STOPLOSS ABOVE 5241.

FOR RISKY TRADE:  GO LONG FROM 5200 WITH ABILITY TO ADD MORE AT 5170 WITH STOPLOSS OF 5150; OR BUY 5500CE AT/AROUND 40 WITH STOPLOSS OF 32 FOR TARGET OF 68-70 (TILL 15TH MARCH).

BEST BUY: WATCH ITC, DABUR AND BALRAMPUR CHINI ON LONG SIDE.
ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS. 

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"HAPPY HOLI"

WISH YOU ALL A VERY VERY HAPPY HOLI
FOR MORE ABOUT HOLI, READ HERE

NOTE: INDIAN MARKETS WILL BE CLOSED FOR HOLI ON THURSDAY, 08.03.2012.

"NIFTY LEVELS FOR WEDNESDAY (07.03.2012)"

LAST TUESDAY’S (06.03.2012) CLOSE WAS AT 5222.40 (-57.95 POINTS). THE DAY HIGH WAS 5382.05 AND LOW WAS 5206.40. WEEKLY HIGH IS AT 5458.80 AND THE WEEKLY LOW IS AT 5206.40.

5SMA=5312                      9SMA=5337                    14SMA=5408                     20SMA=5411                     50SMA=5139                   100SMA=5053                   200SMA=5165

5-DAY RSI AT 21.65 AND 14-DAY RSI AT 42.99 INDICATES NIFTY IS IN BEARISH ZONE. 

INTRADAY POSITIVE WILL BE ABOVE 5241 AND NEGATIVE WILL BE BELOW 5210. IMMEDIATE INTRADAY SUPPORTS ARE AT 5210, 5200 AND 5171 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5227, 5250, 5268, 5289, 5300 AND 5331 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5170-5300. VIX AT 27.34 (-1.58) IS INDICATING MORE THAN AVERAGE VOLATILITY IN THE MARKET.

BUY NIFTY FUTURE ABOVE 5268 FOR TARGET 5300/5330; STOPLOSS BELOW 5241.

SELL NIFTY FUTURE BELOW 5241 FOR TARGET 5210/5170; STOPLOSS ABOVE 5268.

FOR RISKY TRADE:  GO LONG FROM 5200 WITH ABILITY TO ADD MORE AT 5170 WITH STOPLOSS OF 5150

BEST BUY: POWERGRID 115CE AROUND 3 WITH STOPLOSS OF 2 AND HOLD FOR A TARGET OF 7-8 (CALL GIVEN ON 29TH FEB.). 

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS. 

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.

"NIFTY LEVELS FOR TUESDAY (06.03.2012)"

LAST MONDAY’S (05.03.2012) CLOSE WAS AT 5280.35 (-79.05 POINTS). THE DAY HIGH WAS 5344.50 AND LOW WAS 5265.70. WEEKLY HIGH IS AT 5458.80 AND THE WEEKLY LOW IS AT 5265.70.

5SMA=5345                      9SMA=5366                    14SMA=5430                    20SMA=5416                    50SMA=5130                  100SMA=5052                  200SMA=5166

5-DAY RSI AT 28.19 AND 14-DAY RSI AT 46.88 INDICATES NIFTY IS IN BEARISH ZONE. 

INTRADAY POSITIVE WILL BE ABOVE 5310 AND NEGATIVE WILL BE BELOW 5265. IMMEDIATE INTRADAY SUPPORTS ARE AT 5265, 5230, 5200 AND 5175 LEVEL. IMMEDIATE INTRADAY RESISTANCES ARE AT 5300, 5331, 5367, 5377, 5389 AND 5404 LEVEL. EXPECTED RANGE FOR TODAY PROBABLY BETWEEN 5200-5370. HUGE VOLATILITY WILL BE SEEN DUE TO ELECTION RESULT. VIX AT 28.92 (+0.72) IS INDICATING MORE THAN AVERAGE VOLATILITY IN THE MARKET.

BUY NIFTY FUTURE ABOVE 5300 FOR TARGET 5350/5400; STOPLOSS BELOW 5265.

SELL NIFTY FUTURE BELOW 5265 FOR TARGET 5230/5110; STOPLOSS ABOVE 5300.

FOR RISKY TRADE: AVOID TRADE FOR TODAY. 

BEST BUY: POWERGRID 115CE AROUND 3 WITH STOPLOSS OF 2 AND HOLD FOR A TARGET OF 7-8 (CALL GIVEN ON 29TH FEB.). 

ALL LEVELS ARE NIFTY SPOT LEVEL. ONE MAY PLACE A FILTER OF (+/-) 10-15 POINTS. 

NOTE: THE ABOVE CALLS MAY NOT BE TAKEN AS RECOMMENDATIONS. THIS IS ONLY MY VIEW/TRADING IDEA. IT IS ADVISED THAT EACH AND EVERY BLOG VISITORS/TRADERS/INVESTORS DO THEIR OWN RESEARCH AND/OR CONSULT FINANCIAL ADVISERS BEFORE TAKING ANY ACTION ON THE ABOVE MENTIONED CALLS.