Nifty Trade 30/8/11

Short Nifty @ 4980 SL 5000 Tgt 4960, 4930

Nifty Trade (29/8/2011)

Buy Nifty Fut @ 4850 SL 4830 Tgt 4880, 4910

Nifty Trade (26/8/2011)

Short Nifty @ 4866 SL 4884 Tgt 4832, 4810.

Nifty Trade (25/8/2011)

Short Nifty @ 4888 SL 4908 Tgt 4860, 4845.

Nifty Trade (24/8/2011)

Short Nifty @ 4944 SL 4962 Tgt 4910, 4895.

Nifty trade 2 (23/8/2011)

Buy Nifty @ 4895 SL 4880 Tgt 4919, 4934+++

Nifty trade 1 (23/8/2011)

Short Nifty @ 4893 SL 4910 Tgt 4865. 4845.

Nifty Trade 2 (22/8/2011)

Short Nifty @ 4850 SL 4870 Tgt 4820, 4790.

Nifty Trade 1 (22/8/2011)

Buy Nifty @ 4848/4850 SL 4830 Tgt 4880, 4910

Nifty Trade 2 (19/8/2011)

Short Nifty @ 4865 SL 4885 Tgt 4830, 4810.

Nifty Trade 19/8/2011

Buy Nifty @ 4870 SL 4851 TGt 4915, 4939.

Nifty Trade 18/8/2011

Short Nifty @ 5049 SL 5069 Tgt 5010, 4995

Nifty Trade (17/8/2011)

Buy Nifty Fut @ 5067 SL 5047 Tgt 5089, 5114

Nifty Trade 16/8/2011

Short Nifty @ 5114 SL 5132 Tgt 5084, 5065.

Mktviews Daily Market View 16 Aug 2011

Expect Markets to open gap up on account of Positive global markets. Post Opening, Nifty Fut would consolidate in 1st Half & trade rangebound. If Nifty Fut crosses & sustains abv 5215, Expect Short covering upto 5260/5285 if its crossed. If does not cross 5215, may retest support zone of 5130/5095 again.
Nifty Fut would find support @ 5157 & 5123. Upside Resistance would be capped up @ 5191 & 5215. Probable Trading Range 5123-5215.


Regards,
Team Market View Investments.
Mo : 9987750901.
Visit www.mktviews-nifty50.blogspot.com
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Mktviews Weekly Nifty Analysis (16/08/2011-19/08/2011)

Higher IIP nos failed to cheer the Mkts & Sharp Sell off was witnessed on Friday on Account of fear of another rate Hike by RBI in its efforts to curb rising Inflation.
Anna Hazare's protest from 16th Aug v/scorruption w.r.t Jan Lokpal Bill would be very crucial & could lead to political crisis endangering Govt's stability.
Although Nifty has pulled back from Lows of 4960 levels to 5180 & closed around 5080 levels, Dont try to bottom fish as we feel that its just a technical rebound & before any fresh upmove markets could once again retest its Weekly Trend Line Support area of 4916-4935 again.
Also, Real Panic & price capitulation would set in once we close below 4915 & it could then cause the index to drift to lower levels of 4789/4661.
Further Pullback upto 5329/5480 would be witnessed only if critical resistance area of 5221-5238 is crossed but use the upmove to reduce longs on every rise till 5480.
If fails to cross above 5238, will be in a trading range 4915-5238.

Regards,
Team Market View Investments. 
Mo : 9987750901. 

Yahoo Online Support : Marketview@ymail.com

Yahoo Groups : http://in.groups.yahoo.com/group/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 12/8/2011

Short Nifty @ 5157 SL 5177 Tgt 5126, 5102, 5065

Mktviews Daily Market View 12 Aug 2011

Expect Markets to open gap up on account of Positive global markets. May consolidate & trade rangebound 5168-5198 till IIP data is announced. 5212-5232 is a critical resistance zone. Expect Short covering upto 5298/5340 if its crossed. If does not cross 5232, may retest support zone 5110 again. Weakness upto 5045/4985 if sustains below 5110.
Nifty Fut would find support @ 5167 & 5128. Upside Resistance would be capped up @ 5194 & 5232. Probable Trading Range 5128-5232.


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

Mktviews Weekly Nifty Analysis (08/08/2011-12/08/2011)

Fears of acceleration of Growth Slowdown in US economy coupled with fresh tremors of Eurozone Debt crisis triggered bloodbath in Global Mkts. Downgrade of US economy by 2 major credit rating agencies (Dagong's of China & S&P of US) in less than 48 hours is a major concern for world economy. 

We have been advising for the past 2 months that Markets are clearly in negative zone & are facing selling pressure on all rises & any rally should be used to exit long positions and fresh short positions should be added at higher levels. Markets exactly behaved as per our predictions and Nifty continues to trade below its 200 DMA for more than 2 Months. With Rising Inflation & High Interest rates very certain to dampen corporate profitability, We can expect some more selling in the comming weeks admist occasional bouts of small short-coverering pullback rallies. 

Currently, After a sharp cut of 596 pts in Nifty Fut (5710 to 5115) in last 2 weeks, Expect a max pullback upto 5340 which is 38.2% Fib Retracement of the current fall but use it to reduce long positions as Selling pressure would be witnessed on all rises. 

Nifty Fut made a high of 6210 in Jan 2011 & made a low of 5175 in Feb 2011. From 5175, it bounced back to 5945 in April 2011. It has created a parallel channel & lower end of the channel could terminate around 4910 area. (6210-5175 = 1035 points & now 5945-1035 = 4910). 

Now, again for the markets to be start a new bull rally, it has to touch the lower end of the channel from 5945 to 4910 which incidentally is very similiar to channel pattern created during Apr 2011 to July 2011 where it made a high of 5945 in April 2011 & again a bottom around 5175 level in June 2011. From 5175, it again bounced back to 5710 area. (5945-5175 = 770 points, Now 5710-770 = 4940). 

Hence We could conclude that a new rally could resume only after creating a new bottom around 4910-4940. A deeper correction could be possible if Nifty would breach 4905-4920 area.

Going Forward,
Nifty Fut faces crucial Trendline resistance @ 5345-5362 levels crossing & closing abv which further Momentum would lead to 5484 & 5569.
But, If fails to cross & sustain abv 5362, Will be in a trading range 5058-5362.
Strong support lies @ 5060-5065.
If breaks & closes below 5058, it may touch 5963 & 4875.

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 2 (5/8/2011)

Short Nifty @ 5203 SL 5220 Tgt 5160, 5145, 5120

Nifty Trade 1 (5/8/2011)

Buy Nifty @ 5214/5216 SL 5199 Tgt 5260

Mktviews Daily Market View 5 Aug 2011

Expect Markets to open Gap Down following bloodbath in Global Markets across all asset classes including Commodities & Equities. Nifty Future has important support around 5136-5175 which if breaks would lead to some serious damage positionally for Long Positions. Expect Pullback if 5136 is held.
Nifty Fut would find support @ 5168 & 5126. Upside Resistance would be capped up @ 5245 & 5278. Probable Trading Range 5126-5278.

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

Mktviews Pre-Market View 4 Aug 2011

Expect Markets to open on a Flat to  Positive Note.
5440-5455 is a critical resistance which if crossed may trigger further short-covering upto 5490/5515.
Weak if sustains below 5402.
Nifty Fut would find support @ 5402 & 5374. Upside Resistance would be capped up @ 5445 & 5479. Probable Trading Range 5374 to 5479.

Mktviews Daily Market View 3 Aug 2011

Post Opening has pulled back till 5426. Now Going Forward, Further pullback upto 5470+ would be possible only if 5435 is crossed & sustained. If does not cross 5435, will fall upto 5360/5340 now.

Nifty Trade 2/7/2011

Short Nifty @ 5484 SL 5499 Tgt 5458, 5435

Mktviews Daily Market View 2 Aug 2011

Markets have opened around 0.5-1% negative following Negative Asian Peers & Dow slipping off roughly 150 pts from day's high.
Nifty would consolidate in 1st half with a Negative Bias. 5475-5480 is a decent support. If holds, Expect a bounce back. If does not, then 5420 area may be retested. Nifty Fut would find support @ 5479 & 5449. Upside Resistance would be capped up @ 5519 & 5549. Probable Trading Range 5449 to 5549.

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