INTRADAY NIFTY VIEWS

NS AT 6065CMP

MAY FACE IMMED RES NEAR 6077-

6080(PINK CHANNEL)

MAY DIP TOWARDS 6040 AGAIN TODAY TO TEST YESTERDAYS BOTTOM AND MAY MOVE UP TOWARDS 6103 NEAR EOD TODAY

IF DIP TO 6040 AND MOVES UP AGAIN WILL MAKE DOUBLE BOTTOM PATTERN

nifty views

if tomorrow again open with gapup and sustains abv 6091ns then may even trgt 6127 where nifty may face some res

may see correction of near 140 points towards 5987 during start of next week 

if ns ends its correction near 5987 then may start another round of upmove

if breaks below 5972 then correction may get deeper 

nifty intraday views

expecting following path in nifty till 1.15pm

6046(cmp)-6058-6041-6070(near 1.15pm)

shorts may be booked once below 6045

will sell again near 6070

NIFTY VIEWS

I WAS EXPECTING TODAYS MOVE TO HAPPEN ON MONDAY
SO MY VIEW OF TUESDAY MAY BE SEEN TOMORROW

MAY OPEN WITH A SMALL GAPUP TOMORROW

MAY FALL TOWARDS 6000-6010 RANGE INTRADAY AND IN LATER PART OF DAY MAY COVER ALL THE LOSSES AND MAY CLOSE NEAR TODAYS CLOSE NEAR 6045

TOMORROW HIGH MAY BE 6065-75 RANGE,BUT WILL IT COME IN 1ST HR AFTER OPEN OR IN LAST HR MOVE IT HAS TO BE SEEN TOMM

IF U SEE THIS RANGE OF 6065-75  AT OPEN THEN SELL WITH SL ABV 6091NS

TRGTS 6000+/-10PTS

BUY AGAIN NEAR 6000-6010
SL BELOW 5978NS

ON THURSDAY NS MAY TEST 6091NS AND MAY SEE START OF SOME CORRECTION THEREAFTER

tata steel call review

SUNDAY, APRIL 28, 2013

SOME STOCK VIEWS FOR NEXT WEEK

TATA STEEL HAS GOOD SUPPORT NEAR 303-304 RANGE

IF ANY1 WISH TO BUY NEAR THOSE LEVELS MAY 

KEEP SL BELOW 292

TRGTS 312-318-323

all targets done in tata steel

may test 333 soon

NIFTY VIEWS FOR MAY SERIES

TRADING RANGE FOR NEXT 2 WEEKS(FROM 6TH MAY TO 17TH MAY) IS 6091-5884 NS LEVELS

START ACCUMULATING SHORTS FROM 6070 NS TO 6090 NS RANGE  IN  NEXT WEEK

SL ABV 6140NS

TRGTS  MAY BE 5840 THIS SERIES(AND THAT MAY BE THE LOW OF THIS SERIES ALSO) IN WEEK STARTING FROM 20TH MAY

VIEWS FOR NEXT WEEK

MONDAY:MAY OPEN WITH SMALL GAPUP AND EXPECTING A GOOD  GREEN DAY WITH CLOSE NEAR DAYS HIGH,INTRADAY TRADING RANGE MAY BE 80-85 POINTS

5DEMA SHALL BE LONGS SL ON CLOSING BASIS AS OF NOW ITS 5929

TUESDAY:MAY OPEN WITH SMALL GAPUP AND THEN MAY SEE SHARP DIP  INTRADAY BUT WILL RECOVER ALL THE LOSSES BEFORE CLOSE AND MAY CLOSE NEAR MONDAYS CLOSE AGAIN ,INTRADAY RANGE MAY BE 70-75 POINTS

TUESDAY HIGHS MAY BE 10PTS MORE THAN MONDAYS HIGH

WEDNESDAY:AGAIN NEAR SAME TRADING RANGE OF 70-75 POINTS AS TUESDAY BUT WEDNESDAY HIGHS MAY BE 10-15 PTS MORE THAN TUESDAY HIGH BUT CLOSING SHALL BE BELOW TUESDAYS  CLOSE

NIFTY VIEWS

SELL NIFTY NEAR 6090-95 RANGE WITH SL ABV 6140

TRGTS 5950-5790

THOSE WILLING TO TAKE RISK MAY BUY SOME 5900/6000 PUTS NEAR  6040+ LEVELS AND IF NS MOVES UP TOWARDS 6090 THEN SELL IN FUTURES AS THERE IS POSSIBILITY THAT NIFTY MAY SHOW REVERSAL FROM 6040  LEVELS ALSO