dollar index 90 min charts

dollar index may move up towards 80.3-80.5 range in 3-4 sessions

supp at 79.2-79 range

CONTRA BULLISH VIEW..TRGTS 6500

  A BULLISH WW DEVELOPING IN WEEKLY NS CHARTS

TRGTS 6500 IN NEXT 12 MONTHS
WITH SOME MODIFIED PATTERN TRGTS ARE COMING NEAR 6000+ IN 4-5 WEEKS

NIFTY GUESSPOT

EXPECTING ALTERNATE DAYS OF RED AND GREEN DAYS NEXT WEEK
MOSTLY WILL DO OPPOSITE AT CLOSE OF OPENING
IF OPEN WITH NEGATIVE BIAS WILL CLOSE IN GREEN
AND IF OPENS WITH POSITIVE BIAS WILL CLOSE IN RED
MONDAY: OPEN POSITIVE CLOSE RED
TUESDAY : OPEN NEGATIVE CLOSE GREEN
WEDNESDAY:  DOJI DAY
THURSDAY : OPEN POSITIVE CLOSE RED
FRIDAY ; OPEN NEGATIVE CLOSE GREEN

THESE ARE JUST MY VIEW AND PLZ DONT TRADE BASED ON THESE VIEWS ONLY..DO YOUR OWN ANALYSIS AND TRADE

I MAY BE TOTALLY WRONG ALSO

NIFTY VIEWS FOR NEXT WEEK

DAILY CHARTS ARE INDICATING A SHORT TERM TOP NEARBY
MACD IS VERY NEAR TO ITS FALLING RES LINE
WATCH CAREFULLY MACD LINE IF BREAKS ABV THE FALLING T/L WILL BE INDICATION OF SOME MORE STRONG UPMOVE IN COMING DAYS
5690-5730 RANGE WILL BE STIFF RES FOR NIFTY TO SAIL ABV
VOLATILITY IS SURE TO INCREASE IN COMING DAYS
OPTION TRADERS (BUYERS)WILL HAVE GOOD TIME AHEAD AS NIFTY RANGE MAY EXPAND IN COMING DAYS
INDIA VIX DIPPED BELOW 14 LEVELS INTRADAYFOR FIRST TIME
AUR KITNA GIREGA??
IN 2010 WHEN VIX WAS LAUNCHED IT MOVED UP ALONG WITH NIFTY FROM 14.X LEVELS TOWARDS 26 LEVELS WITH 800 ODD POINTS RISE IN NIFTY IN 8 WEEKS
TMC,SP AND OTHER COALITION PARTNERS PUTTING PRESSURE ON GOVT FOR ROLLBACK OF DIESEL PRICES,FDI IN RETAIL...IF GOVT SUCCUMBS UNDER PRESSURE THEN ...NIFTY KAHA JAYEGA??
MMS ALSO ANNOUNCED...JAAYENGE TO LAD KE JAYENGE
DOLLAR/RE  IS ALSO FALLING...MAY GET IMMED SUPP NEAR 53.5-53.75 RANGE(DOLLAR INDEX HAS SUPP NEAR 77.5)
FII ADDING STOCKS WHEN NIFTY WAS AT LOW AND DOLLAR AT HIGH MAY PULL SOME MONEY OUT NOW WHEN  DOLLAR AT LOW AND THEIR STOCKS ARE PULLED (OR PUSHED)UP TOWARDS HIGHS...
SONE PE SUHAGA

 EXPECTING NS TO TRADE IN 5515-5690 RANGE NEXT WEEK

NIFTY VIEWS FOR NEXT WEEK

NEXT WEEK NS MAY TRADE IN 5515-5690 RANGE
EXPECTING ALTERNATE DAYS OF RED AND GREEN
IF OPENS WITH POSITIVE BIAS WILL END IN RED AND VICE VERSA

MONDAY MAY OPEN WITH POSITIVE BIAS NEAR 5600 AND TRADING RANGE MAY BE 5547-5623

BELOW 5500 NS WILL GET WEAK FOR 5327

DOW JONES WEEKLY CHARTS

DOW JONES WEEKLY CHARTS
BE CAUTIOUS WITH LONGS IN COMING DAYS...THIS QE3 NEWS MAY KEEP DOW NEAR 13300-13800 FOR 2-3 WEEKS (TIME DOLLAR INDEX MAY TOUCH 77.5 LEVELS) THEN SHARP CORRECTION IS EXPECTED
SL ABV 14100

dollar index wekly charts

dollar index wekly charts:
may trgt 77.5 levels till 2nd week of october

80.50 is res as of now

ROADMAP OF NIFTY

probable roadmap of nifty(green lines)

5423-5340-5630-5150

expecting ns to trgt 5630 near 1st-2nd week of october as per symmetry of the WW pattern(violet lines)
sl below 5250ns as of now
if ns trade abv 5410-5423 range  then TSL will be below 5327

fall after reaching trgt near 5630 can be very swift towards 5150

india vix and nifty charts
at arrow pointed VIX made a low of 14.35 then started to move up towards 24 along with nifty  sharp upmove of nearly 900 points in 8 weeks
and today  VIX made a low of 14.45

nifty??????

views updated

5374-86 range is immediate res in nifty for monday/tuesday
abv 5393 if sustains bulls will accelerate with full throttle towards 5478-5550 in quick time
being september MF may also start buying to improve their NAV
5253 is TSL for longs as of now
as per fractals buying all dips in 5280-90 range with sl below 5253 is advisable

only VIX index is creating doubt for this bullish scenario....
for nifty to move up VIX index generally corrects but at such lower values where it will go if ns has to move up significantly??
although i have seen some time VIX also moves along with nifty in same direction

BN expected roadmap is
10226-9970-10440-10040 in next 10-12 trading sessions
calculation based on fractals and for keen watch
aggressive trading shd be avoided as this view can be totally wrong also

SILVER WEEKLY CHARTS

SILVER WEEKLY CHARTS:

A BULLISH WW DEVELOPING IN WEEKLY SILVER CHARTS
MAY TRGT 46$ LEVELS IN 10-12WEEKS

bank nifty charts

nifty charts

red line will be target price

views for 7/9/12

tomm ns may open near 5278 and may move uptill 5290-93 range where it may pause or show some correction  for inviting shorts and then in mid afternoon another upmove may start for 5323-34 range near eod
this upmove may take ns towards 5367-79 range till monday from where another round of correction may start
will update more after tomm closing

Bn may trgt 10100

TATA STEEL

TOMM BUY TATA STEEL NEAR 345-50 RANGE WITH SL BELOW 330 TRGTS 412 AND MUCH MORE

views for 6/9/12

tomm nifty may open with positive bias
immed res at 5241ns
abv 5241 res at 5267-5288-5311
if opens with negayive bias supp exist at 5208-5203 range where intraday longs can be openerd with trgts of 5267
sl below 5193

posnl sl below 5170

HINDUNILVR CHARTS

SELL HINDUNILVR ON UPMOVE NEAR 525-27 RANGE WITH SL ABV 533 TRGTS 517-511 IN 4-5 DAYS

views for 5/9/2012

tomorrow nifty may open with negative bias near 5267 and may dip towards 5256..
if 5254-57 range is protected then a smart upmove may be seen towards 5323-45 range
expecting this upmove towards 5372-86range  this week from where the fall may start towards 5136 in next week
more updates will be made as day progresses

BN views

BN may form pt 4 near 9945 levels (pink lines)then may dip towards 9900-9880 levels for a strong upmove(green lines) till eod and tomorrow morning session

nifty views

those who trade in multiple lots may start accumulating longs in fut or options from 5235ns at interval of 20 pts
5235-5215-5195
sl below 5170ns
we are expecting ns to test near 5220 levels but operators knowing that may take nifty up from here only and we will miss train
25% at 5235
50% at 5215
25% at 5195

Bn have completed pt 5 of bullish  WW  pattern for trgts of 10100 till 10.30-11 am tomm

but a dip towards 9900-9880 ns will triger a smaller bullish WW pattern within larger above Ww pattern
trgts will be 9980 till 3.00pm today

nifty 5 day charts

A bullish WW pattern developing in NS charts

NS may dip towards 5220-10 range tomorrow and then may move up towards 5325-30 range till wednesday/thursday

buy near 5220 ns with sl below 5180 trgts 5325-5342-5356

ITC DAILY CHARTS

SELL ITC ON UPMOVE NEAR 273-75 WITH SL ABV 279

TRGTS 256-245

OR SELL IF SUSTAINS BELOW 264 FOR SAME TRGTS

TCS 3 MIN CHARTS

TOMMOROW BUY TCS ON DIPS NEAR 1325 SL BELOW 1317 TRGTS 1355

IF OPENS WITH NEGATIVE BIAS BUY ALL DIPS NEAR 5242-45 RANGE
WILL UPDATE MORE TOMORROW IF DIPS NEAR 5242-45 RANGE  BUY WITH SL BELOW 5220

NIFTY VIEWS

TOMORROW NS MAY OPEN NEAR 5278 AND MAY MOVE UPTILL 5292-95 RANGE IN FIRST FEW MIN OF TRADE.

NS MAY TRADE FOR MOST PART OF THE DAY IN 5273-5293 RANGE AND EXPECTING IN LAST HR OF TRADE NS MAY MOVE UPTILL 5320-23 RANGE WITH CLOSE NEAR DAYS HIGH

STRATEGY:
SELL NIFTY NEAR 5292NS WITH SL ABV 5303
TRGTS 5282-5273

BUY NEAR 5273 SL BELOW 5262 TRGTS 5282-93