8490 to watch tomorrow

possible bullish counts

era infra

ERA INFRA (update)

today if closes abv 5.25 may see it hitting few UC in coming days

WAVE ANALYSIS ON NIFTY CHARTS

9695 CALLING

is 7997 the bottom of 4th wave??(channel charts are indicating of bottom at its place)

or some more downside left till 7599??

if 4th is done at 7997 then 

5th may move up towards 7997+1698(length of 1st wave)=9695

:especially 4th wave tend to retrace to within span of previous 4th wave of one lesser 

degree(3rd ka 4th was 7961)

if its 4th wave running then it has retraced 28%(23-38%)of 3rd wave so far

3rd wave was 5119 to 9119(=4000 pts)

28% of 4000=1120 pts

end of 3rd at 9119-1120=7999


38% of 4000=1520

trgt 9119-1520=7599

4th wave details:

A.9117-8269(=848 pts)
B.8269-8845
C.8845-7997(=848 pts)(4.C=4.A)

also 8010 is 55ema in weekly charts(till it does not give a weekly close below it bulls may bounce back sharply)

Wave 
2.6229-5119=1110 PTS(0.65% of wave 1)(6229-4531=1698 pts)
4.9119-7997-1122 PTS(o.28% of wave 3) 

nifty views

may sell nifty her cmp near 8545 ns levels
trgts near 8200-8180

considering the downmove from 8788 in 5 waves then
1. 8788-8537,
2. 8537-8627,
3. 8627-8269,
4. 8269-8545/56
5. if 5=1 then 8545-251=8194

8555 is 5ema in weekly charts

8554 is 13ema in daily charts

8556 is 80% retracement of 8627-8269 

abv 8556 res at 8584 and 8610

ERA INFRA

BUY ERA INFRA ABV 4.90
CMP 4.80
SL 3.30
TRGTS 6.50-10.00-13.00
IF CLOSES ABV 4.90 THEN MAY POSSIBLY DO FEW 5%UC IN COMING DAYS

NIFTY VIEWS

BUY NIFTY INTRADAY NEAR 8944
CMP NEAR 8950NS
TRGTS 9007 INTRADAY

EXIT LONGS ONCE NEAR 9007

WILL BUY AGAIN ON DIPS NEAR 8925 TILL TOMORROW FOR 9235

NIFTY VIEWS

POSITIONAL CALL

BUY NIFTY ON DIPS NEAR 8622 NS LEVELS

SL INITIALLY 8520

TRGTS 9030-9145-9260

9030 MAY BE ACHVD IN 10-12 SESSIONS

IN FEB SERIES

NIFTY VIEWS

BUY NIFTY AT CMP NEAR 8752NS LEVELS

SL BELOW 20 PTS

TRGTS 8850 INTRADAY

SELL AGAIN AGRESSIVELY NEAR 8850 FOR TRGTS 8688 TILL TOMORROW

GUJARAT PIPAVAV PORT LTD

GPPL looking on verge of a big move from tuesday next week

1st completed at 231

possibly may dip towards 205-201 levels(to complete 2nd)

3rd waves 1st and 

2nd may be completed till tuesday

3rd ka 3rd may statr from tuesday for trgts abv 250

cmp 210

may keep sl below 198

nifty views

on tuesday nifty has immed support at 8313-8793 range below 8700 will exit longs once below 8700 support at 8576-8445 from 8445 to 8866 nifty is moving approx 30 pts per day so res of t/l joining these pts may be near 8896-8926 range on tuesday. 8926-56 range on wednesday this upmove has trgts near 8990 near levels(will it come this week?? if has to come then may come on thursday eod or friday open) my expectation of expiry may be abv 8900 possibly may take 8917-87XX-8990 path also if considering movr from 8453 will be a five wave move to complete a larger wave then fractals indicating a 118 pt move(1st was 118 pt move from 8453-8571) from 8797 may trgt 8915(shd sustain abv 8867(terminated 5th))

NIFTY VIEWS

BUY NIFTY ON ALL DIPS IN 8300-8320 RANGE

8291 IS STRONG SUPPORT LEVEL

SL BELOW 8268 ON CLOSING BASIS

TRGTS 8560-8620-8700

IN 15-20 SESSIONS

momentum pick(ASSAM CO.)

BUY ASSAM CO. INDIA LTD (500024)

CMP 5.29

SL 4.9

TRGTS 8.00

positional targets are huge

nifty views

On monday nifty may open flat with negative bias

may probably dip again towards 8375-65 range (close was 8395)

may buy all dips in 8375-65 range with sl below 8353(intraday)

trgts near 8435 intraday

may again dip for 8365-75 range till tuesday

and then upmove again towards 8500 -8546 in next week(strating from 5th jan)

positional sl is 8248

N.B.expecting a correction again towards 8250-8300 range from 8500-8550 range will update as nifty progresses

CAIRN 230PUTS

BUY CAIRN 230PUTS NEAR 2.00(MULTIPLE 

LOT TRADERS MAY START ACCUMULATING 

FROM 2.45)

SL BELOW 1.45(OR ZERO AS PER UR RISK 

CAPACITY)

CMP 2.60

CAIRN 230PUTS LOWS SO FAR IS 2.45

CAIRN ABV 242 MAY TRGT 245 LEVELS

SL ABV 246.5 ON CLOSING BASIS

246.5 IS 21EMA IN DAILY CHARTS

AND CAIRN HAS NOT CLOSED ABV 21DEMA 

SINCE SEP10,2014 WHEN THIS SLIDE 

STARTED