Mktviews Weekly Nifty Analysis (30/05/2011-03/06/2011)

Post F&O expiry, decent pullback was witnessed from 5340 to 5480 levels & it closed on a weekly high followed by Short Covering & selective buying support @ lower levels.  Current Fall may be halted & Markets may stage a minor pullback upto 5600 levels before a further slide. 

Stay Cautious of this Upmove till 5612 is not crossed & sustained as it may only turn out to be a pullback & not a Bullback.  

 

Going Forward,
Nifty Fut will face stiff resistance @ 5593-5612 levels crossing & sustaining abv which further Momentum would lead to 5740 & 5834.
But, If fails to cross & sustain abv 5612, Will be in a trading range 5376-5612. 
Strong support lies @ 5378-5384.
If breaks & closes below 5376, it may touch 5256 & 5139.

  

 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com 

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Disclaimer :
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Nifty Trade 23/5/2011

Short Nifty @ 5419 SL 5438 Tgt 5390, 5365.

Mktviews Weekly Nifty Analysis (23/05/2011-27/05/2011)

Markets are in a consolidation phase & Every attempt of a Small Pullback are embraced with bouts of Huge Selling Pressure.
Statements from MET w.r.t progress of Monsoon would be a key trigger for the Markets.
With Results season into its Penultimate week & FnO Expiry on Thursday, Movements are likely to be very volataile & choppy.

Going Forward,
Nifty Fut will face stiff resistance @ 5541-5561 levels crossing & sustaining abv which further Momentum would lead to 5680 & 5774.
But, If fails to cross & sustain abv 5561, Will be in a trading range 5349-5561. 
Strong support lies @ 5351-5356.
If breaks & closes below 5349, it may touch 5232 & 5119.

  

 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com 

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews

Search for Facebook Group "mktviews" & Join it.

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For Recieving the Nifty Levels on Cell Phone,
TYPE a SMS "JOIN mktviews" & Send it to 09219592195

Also Join us on Twitter : http://twitter.com/mktviews.

 

Disclaimer :
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Nifty Trade 2 (20/5/2011)

Short Nifty @ 5507 SL 5526 Tgt 5465

Nifty Trade 20/5/2011

Buy Nifty @ 5445 SL 5425 Tgt 5481, 5520.

Nifty Trade 19/5/2011

Short Nifty @ 5433 SL 5453 Tgt 5400, 5386*

Nifty Trade 2 (16/5/2011)

Buy Nifty @ 5509 SL 5492 Tgt 5540, 5565

Nifty Trade 16/5/2011

Short Nifty @ 5527 SL 5546 Tgt 5500, 5480.

Mktviews Weekly Nifty Analysis (16/05/2011-20/05/2011)

Last Week, Nifty had taken Support @ 5460-5470 area & bounced back to 5620 following Positive Election Results & Spectacular IIP data. But Every Upmove had been embraced by sustained selling Pressure & is not able to cross critical resistance 5640-5650 which is 200 DMA as well as 38.2% Fib Retracement levels. Fuel Price Hike announced yesterday would have a negative impact on Monday.

Going Forward,
Nifty Fut will face stiff resistance @ 5631-5650 levels crossing & sustaining abv which further Momentum would lead to 5743 & 5827.
But, If fails to cross & sustain abv 5650, Will be in a trading range 5411-5650. 
Strong support lies @ 5412-5421.
If breaks & closes below 5411, it may touch 5320 & 5190.   

  

 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com 

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews

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Disclaimer :
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Nifty Trade 3

Short Nifty @ 5590 SL 5610 Tgt 5550, 5535

Nifty Trade 2

Buy Nifty @ 5584 SL 5564 Tgt 5615, 5630

Nifty Trade 1

Short Nifty @ 5556 SL 5576 Tgt 5520

Nifty Trade 2 (12/5/2011)

Short Nifty @ 5547 SL 5567 Tgt 5500, 5450

Nifty Trade 1 (12/5/2011)

Buy Nifty @ 5563 SL 5543 Tgt 5600, 5619

Nifty Trade 4 (11/5/2011)

Buy Nifty @ 5554 SL 5542 Tgt 5595.

Nifty Trade 2 (11/5/2011)

Buy Nifty @ 5542 SL 5522 Tgt 5570, 5590

Nifty Trade 1 (11/5/2011)

Short Nifty @ 5543 SL 5563 Tgt 5515, 5480.

Nifty Trade 2 (10/5/2011)

Short Nifty @ 5592 SL 5612 Tgt 5560, 5530

Nifty Trade 1 (10/5/2011)

Buy Nifty @ 5570 SL 5550 Tgt 5600.

Nifty Trade 2 (9/5/2011)

Buy Nifty @ 5531 SL 5511 Tgt 5560, 5578.

Nifty Trade 9/5/2011

Short Nifty @ 5515 SL 5534 Tgt 5475.

Mktviews Weekly Nifty Analysis (09/05/2011-13/05/2011)

After a sharp cut of 500 pts in Nifty Futures (5950 to 5450) in last 2 weeks, Expect a small pullback upto 5640 which is 38.2% Fibonacci Retracement of the current fall from 5970 to 5445. Use this to reduce your Long Positions as bouts of Selling Pressure would be witnessed on all rises. If 5664 is not crossed & sustained, then it may only be a PullBack & not a Bullback.

Going Forward,
Nifty Fut will face stiff resistance @ 5645-5664 levels crossing & sustaining abv which further Momentum would lead to 5758 & 5839.
But, If fails to cross & sustain abv 5664, Will be in a trading range 5419-5664. 
Strong support lies @ 5420-5426.
If breaks & closes below 5419, it may touch 5335 & 5240.  

Be quick in your Trades as Movements are expected to be very spiky & Trade with Stricter SL. When in Profits, Either book Gains or Keep Trailing with a revised SL in order to maximize gains & reduce Risk Factor.
 
Important : We may daily post some information regarding Nifty movement in Live Markets too.
Those who require it, Kindly join the Yahoo Groups by clicking the following Link :

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Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com

Disclaimer :
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.

Nifty Trade 2 (6/5/2011)

Buy Nifty @ 5514 SL 5494 Tgt 5535, 5559.

Nifty Trade 6/5/2011

Short Nifty @ 5522 SL 5542 Tgt 5500, 5475.

Nifty Trade 5/5/2011

Short Nifty @ 5556 SL 5576 Tgt 5520, 5502.

Nifty Trade 3/5/2011

Short Nifty @ 5707 SL 5727 Tgt 5680, 5640. Trade in low Qty.

Nifty Trade 2 (02/05/2011)

Short Nifty @ 5740 SL 5760 Tgt 5700.

Nifty Trade 2/5/2011

Short Nifty Fut @ 5749 SL 5766 Tgt 5719

Mktviews Weekly Nifty Analysis (02/05/2011-06/05/2011)

RBI policy meet on 3rd May would be a key trigger as to whether it gives preferance for Higher Growth or tightens rates to tame Rising Inflation.
Crucial Resistance Zone of 5920-5940 is proving too stiff for bulls & every attempt of pullback are embraced with huge selling pressure post Mixed Corporate Earnings coupled with arrests of High Profiled Politicians & Corporates in 2G & CWG scams last week.

Going Forward,
Nifty Fut will face stiff resistance @ 5849-5867 levels crossing & sustaining abv which further Momentum would lead to 5984 & 6096.
But, If fails to cross & sustain abv 5867, Will be in a trading range 5665-5867. 
Strong support lies @ 5668-5685.
If breaks & closes below 5665, it may touch 5545 & 5459.  

Be quick in your Trades as Movements are expected to be very spiky & Trade with Stricter SL. When in Profits, Either book Gains or Keep Trailing with a revised SL in order to maximize gains & reduce Risk Factor.
 
Important : We may daily post some information regarding Nifty movement in Live Markets too. Those who require it, Kindly join the Yahoo Groups / Google Groups by clicking the following Link :

Search for Facebook Group "mktviews" & Join it.

Yahoo Groups : http://in.groups.yahoo.com/group/mktviews
Google Groups : http://groups.google.co.in/group/mktviews 

Yahoo Online Support : Marketview@ymail.com

 

For Recieving the Nifty Levels on Cell Phone,
TYPE a SMS "JOIN mktviews" & Send it to 09219592195

Also Join us on Twitter : http://twitter.com/mktviews.

 

Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
Facebook : www.facebook.com/mktviews

 

Disclaimer :
As equity traders/Advisors We, our relatives and friends may have position in the stocks suggested by us. We are individuals and dont belong to any brokerage house or company. All Recommendations are based on technical and/or fundamental analysis and/or Personal observations.
Trading in stock markets involves risk . We give Recommendations, opinions or suggestions with the understanding that readers acting on this information take in to account all risks involved with market. Acting on the basis of views expressed here is the sole responsibility of the reader. No responsibility will be assumed by the authors for the consequences what so ever, resulting out of acting on these recommendations. The information herein, together with all estimates and forecasts, can change with/without notice depending on the Market Conditions.