NIFTY VIEWS

TOMORROW SELL NIFTY ON ANY UPMOVE ABV 6740 NS LEVELS

TRGTS 6530-6450-6370

IN 6-8 TRADING SESSIONS

SL ABV 6780NS

J P ASSOCIAT

ON MONDAY MAY SELL J P ASSOCIAT IN 53.50-54.00 RANGE

WITH SL ABV 55.1

TRGTS 47-48 RANGE

OR SELL IF SUSTAINS BELOW 50.80

ON MONDAY MAY BROADLY TRADE IN 54.00-51.00 RANGE

FROM 54 TO 48 MAY TAKE 7 TRADING SESSIONS

AND THERE MAY BUY IT AGAIN FOR 62 LEVELS

WILL UPDATE MORE WHEN 48 LEVEL COMES

NIFTY VIEWS FOR 31ST MARCH

ON MONDAY 31ST MARCH

SELL ALL UPMOVE NEAR 6730-40 NS RANGE

SL ABV 6767NS

TRGTS 6600-6570 RANGE TILL TUESDAY 11A.M

NIFTY VIEWS

NIFTY VIEWS

NIFTY IS MOSTLY TRADING IN A CHANNELL PATTERN IN 3 YEAR CHARTS SHOWN IN BLUE LINES

CHANNELS UPPER T/L IS VERY NEAR (MAY BE NEAR 6740) AND NIFTY MAY FACE SOME 

RESISTANCE NEAR TO IT FOR SOME WHILE

ALSO A BEARISH WW IS DEVELOPING IN NS CHARTS SHOWN IN RED LINES AND PT5 IS 

DEVELOPING NEAR 6700-6800 NS LEVELS AND PATTERN HAS TRGTS NEAR 5870 AND THAT 

ALSO 

INCIDENTALLY WILL BE SUPPORT OF LOWER T/L OF CHANNELL ALSO AND TRGT TIME IS NEAR 

ELECTION RESULTS TIME(INTERSECTION OF RED CONVERGING LINES)

PINK LINES ARE INDICATIVE OF RESISTANCE IN NIFTYS PATH!!!!!!!!!!

LOWER PINK LINE AND UPPER T/L OF CHANNELL ARE INTERSECTING(MEETING) NEXT WEEK AND 

THAT MAY GIVE SOME STIFF RESISTANCE NEAR 6740NS LEVELS.......

.

IF THIS EUPHORIA OF FII'S INFLOW CONTINUES THEN LOWER PINK T/L MAY NOT GIVE 

RESISTANCE AND NIFTY MAY MOVE UP TOWARDS UPPER PINK LINE AND THAT HAS HUGE 

TARGETS OF 7400+

WILL THE GRAND OLD ADAGE OF BUY ON RUMOUR AND SELL ON NEWS WILL HOLD TRUE AGAIN 

AND AFTER RESULTS THIS BUBBLE MAY BURST(POSSIBILITY IF NDA COULD NOT WIN MORE 

THAN 220 SEATS)

mcdowell-n

buy mcdowell on dips near 2610

2630 is immed supp

cmp 2639

sl below 2589

trgts 2730-50 range

mcdowell(USL) has been included in nifty from today

will markets salute it?????

if mcdowell does not break below 2600 today then has the potential to 

even test 

levels abv 2800 in next week

small intraday trade......buy mcdowell near 2630 trgts 2655,,sl below

 2619....cmp 

2635

nifty intraday views

nifty has immediate supp at 6650 and if that support is held for today then may possibly trgt highs of 6698 ns levels intraday

may buy all dips near 6650-55 range  sl below 6648

trgts 6698ns

today nifty opened at 6673

expecting nifty to close near 6673 

a perfect doji candlestick may form in daily charts

6652 is some support

55ema in 2 min charts

6660 is immed res 

confluence of emas in 2 min charts

expecting nifty to trade in 48pt range today

considering if lows have bben made at 6650 then 6658 will be intraday high

and if high is at its place near 6685 then 6637 will be lows

my guess is nifty will trade in 6650-6698 range today

BE CAUTIOUS NEAR 6698NS LEVELS

6590 IS 5 DEMA AND

6320 IS 55DEMA

tomorrow 5 dema may be near 6615ns levels as i am expecting ns to 

test 6695-98 range tomorrow and that 

6615ns may be critical level for bears or bulls

tomorrow nifty is buy on all dips near 6626-16 range for trgts near 6695 

and sell on all upmove near 6695


keep sl near 20 pts either side


i guess tomorrow this upmove may terminate and bulls may take a 

pause for while to enter again at some lower 

levels

nifty may correct towards 6350(my actual number is 6335ns) which may 

be near to developing 55dema in daily 

charts and also trgt price of bearish WW pattern

time taken may be 8-10 trading session(near 8th april)

from there again an upmove may start for 7000 near levels near to 16th

 may

NIFTY VIEWS

 SELL HERE AT 6645NS........

SL ABV 6656NS

I GUESS 6615-20 RANGE WILL BE TESTED ONCE EVEN IF IT HAS TO MOVE TOWARDS 6673NS INTRADAY 

OR IF BREAKS BELOW 6614 THEN 6580 ON SCREEN TODAY

MCDOWELL-N(USL)

MCDOWELL MAY TRGT 2730-2749 IN 3-4 DAYS

BUY IF SUSTAINS ABV 2626

OR ON DIPS NEAR 2590 LEVELS

NIFTY VIEWS

TOMORROW EXPECTING NIFTY TO TRADE IN 6573-6633 NS RANGE

ABV 6633 NIFTY WILL FACE RES NEAR 6656NS FROM WHERE EXPECTING FALL TOWARDS 6370NS IN 8-10 TRADING SESSIONS(MAY START FROM FRIDAY)

6305 IS CURRENT 55DEMA AND IN NEXT 8-10 SESSIONS MAY MOVE UP TOWARDS 6370 NEAR LEVELS WHICH WILL LEND SUPPORT TO NIFTY AT THAT TIME

6350-70 IS ALSO TRGT PRICE OF BEARISH WW PATTERN.NIFTY HAS NOT YET GIVEN A BREAKOUT ABV T/L (TO FORM PT5 )JOINING PTS 1AND 3...MAY KEEP ABV 6600 FOR NEXT 2 DAYS BEING EXPIRY WEEK TO TRAP BULLS.......BE CAUTIOUS WITH LONGS ABV 6633NS

WEAKNESS IN NIFTY BELOW 6520NS

nifty views

As per my reading of charts for next week i guess nifty may show some

 correction at start of next week may be towards 6445-6425 range(may 

come near 21ema in daily charts) and also possibly premium in futures 

and call options will erode and then from there it may start another  

upmove towards 6610 till next friday/monday

(buying 6400 calls near 6425ns will be a jackpot trade.

zero or hero trade:

buy 6500ce near 6425ns levels on tuesday (may get near 10 and trgts 

can be 50-80-110)

6508-6515 is immediate resistance range

on monday any upmove towards 6515-08range can be shorted for trgts 

near 6445 levels on monday and 6425 till tuesday

sl abv 6538ns

reverse trade if ns moves abv 6541ns levels with 6508 as sl

trgts 6590-6610

nifty views

was expecting nifty to test 6470 levels tomorrow

ns did a low near 6473 today only

charts indicating that till 12.30 tomorrow nifty may trade in 6470-60 range and 

6505-15 range ,may make a lower low below 6470 and then may start its upmove 

for 6590-6610 till monday

sl below 6440

where longs may be exited for 6360-80 range in next 5-6 trading sessions

sl abv 6644

buy 6500ce near 35-40 levels tomorrow (near 6470)for 80-110-140 this series only

also may buy 6500pe when nifty is near 6505-6510 range after opening as expecting nifty to dip towards 6470 once again be4 nifty start its upmove

WOLFE WAVE IN NIFTY

a small bullish WW developing in ns charts

ns may have formed pt4 near 6523 today

pt5 may form near 6470 tomorrow (symmetry indicating near 12.30pm 

tomorrow)and then may move up towards trgt price of 6535-55 next

 week and 

may extend towards 6590-6610(pt5 of larger bearish WW pattern as 

below)probably on monday next week

a larger bearish WW is also developing of which pt4 may form near 6470

 tomorrow and then may form pt abv 6590 next week.......trgt price 

towards 

6415-6400 (may be during start of next series)

will post charts tonite

buy 6500pe near 6515ns today.trgt 6475-65 range tomorrow

buy 6500ce near 6470 ns levels tomorrow.trgt 6590-6610 till tuesday 

next week

WW IN NIFTY

two bearish WW are developing simultaneously

smaller bearish WW

pt4 may have formed now just below 6543ns

pt5 may form near 6555

trgt near 6530-35 near 2.30pm

larger bearish WW

a larger bearish WW may also develop in ns charts

trgt price of abv bearish WW may form pt4 of larger WW near 6533 near 2.30pm today

then ns may form pt5 abv 6578 tomorrow in first hr after open and then may fall for trgt price of near 6520 tomorrow only 

buy all dips near 6533ns with sl below 6517

trgts 6578-85 range tomorrow

nifty views

now two possibilities are expected till election results are announced on 16th May

1.nifty may make a high near 6590-6610 this week and may dip towards 6320-40 in few days and again an upmove shall start towards 6830 ns levels near 16th may and fast fall may happen after results if BJP doesnt come into power

2.ns after making a high abv 6610 this week may start its downfall towards 5900-5850 range with small pause near 6320-40 range till election results and if BJP comes with majority then a big upmove shall start for 7700-7800 range and if doesnt then may even see lower levels near 4500

these are just my views plz trade as per your expert advice and your knowledge

NIFTY VIEWS

BUY NIFTY HERE AT CMP 6510NS 

WITH SL BELOW 6487NS

TRGTS 6575 INTRADAY

AND 6610 TILL TOMORROW

SELL NEAR 6610 TOMORROW FOR TRGTS NEAR 6320 IN NEXT 7 SESSIONS

SOME STOCK VIEWS

1.
SELL RCOM ON ALL UPMOVE NEAR 123-125 RANGE

TRGTS BELOW 110

2.
SELL ALL UPMOVE IN RELIANCE NEAR 884

TRGTS 804

3.
SELL ALL UPMOVE IN MCDOWELL-N(USL) NEAR 2515
TRGTS 2400-2380

ALL LEVELS ARE CASH LEVELS

TRADE WITH SL AS PER YOUR RISK

BUY 6600PE

BUY 6600PE  NEAR 65-70 RANGE WHEN IT COMES OR BUY WHEN NIFTY COMES NEAR 6610NS LEVELS

SL 30

TARGETS 300-350 NEAR 20TH MARCH

BE CAUTIOUS NEAR 6610NS

ON MONDAY NIFTY MAY OPEN WITH SMALL NEGATIVE BIAS NEAR 6507 AND THEN MAY MOVE UP TOWARDS 6567 INTRADAY

ON TUESDAY NIFTY MAY TEST A HIGH OF 6580-85 RANGE

ON WEDNESDAY NIFTY MAY TEST  6610 AND THAT MAY BE BEST LEVEL TO SHORT AS THAT MAY BE HIGH OF THIS SERIES AND THE DOWNFALL MAY START

expecting a downmove of near 280 pts from 6610 in 6-8 trading sessions

MORE UPDATES AS NEXT WEEK TRADING STARTS AS TIME PERIOD MAY CHANGE A BIT TOO

THIS VIEW IS BASED ON MY FRACTALS ANALYSIS AND SOME MATHEMATICAL CALCULATION

I MAY BE TOTALLY WRONG ALSO 

INTRADAY VIEWS

BUY NIFTY NEAR CMP 6462

SL BELOW 6447

TRGTS NEAR  6490-95 RANGE NEAR 12-12.30 NOON

SELL NEAR 6490-95 RANGE FOR TRGTS NEAR 6430 INTRADAY

NIFTY VIEWS FOR NEXT 2 DAYS

TOMORROW NIFTY MAY TRADE IN 6300-6357 RANGE

MAY OPEN WITH SMALL NEGATIVE BIAS

BUY ALL DIPS NEAR 6300 SL 6282

AND SELL NEAR 6355 SL ABV 6377

+/-5 PTS AS PER UR RISK CAPACITY

EXPECTING CLOSE NEAR DAYS HIGH AND A GAP DOWN OPEN ON FRIDAY AND DOWNMOVE OF NEAR 130 PTS FROM 6355NS

AND THEN I GUESS 6410-30-60 COMING NEXT WEEK 

NIFTY VIEWS

I guess nifty will not fall heavily till 6410-6430 is reached

they may show some pseudo resistance near 6355-58 range and that may induce big shorts in markets

they may even bring down nifty towards 6220-30 range once may be on friday to induce more shorts and then will trap shorts till 6410-30 is reached

even move up towards 6460 has small possibility

my view is selling shd be done in 6430-60 range 

my expectation is near 1100 pts in nifty in 45 days -60 days from next week highs 

nifty

sl hit in longs in nifty

may again try longs in bn mow near 10728cmp

trgts 10880

sl 10698

nifty too at good support near 6242

worth taking risk for longs now

INTRADAY NIFTY VIEWS

BUY NIFTY HERE AT CMP 6255 SL BELOW 6245

TRGTS 6293 NEAR EOD TODAY OR TOMORROW

SELL NEAR 6203 WITH SL ABV 6310NS 

TRGTS 6245 TOMORROW