Markets likely to close negative in MAY 2010

Markets likely to close negative in MAY.

Every alternate year Nifty have closed negative.

LAST HOPE FOR BULLS WATCH OUT 5104 ON SPOT ::: SUSTAIN BELOW MINOR SUPPORT AT 5080 THEN 5030

NIFTY SPOT TRADING & SUSTAINING BELOW BEAR FEAR ZONE 5142

LIVE NIFTY INTRADAY REALTIME SPOT CHART 14th MAY 2010

Nifty Eod Chart : Views / Road Map Ahead: As said will not sustain at Higher level's .... Tata Steel 593>>572 ::: hope minted money

 

Day resistance at 5185 and 5214
Day support at 5156 / 5142 / 5120 / 5104
long stop loss 5142 ... last hope for bulls 5104

Bull Fear Zone 5214 :::: Bear Fear Zone 5142

Bulls will have full control above 5214 and will fear the bears

Bears will have full control below 5142 and will fear the bulls

If nifty spot manage to close above 5214 we need to exit short's...

Even today Nifty Spot just bounce back from resistance level - day high 5112.7

hope added fresh short's near 5195

so now the avg short is at ((5120+5195)/2) avg 5157

and hope also booked nifty 5200 call we bought to hedge nifty on monday as guided yesterday

tatasteel told to short at higher levels yesterday close was 584.45

today high was 593 then made a day low 572 ..

hope few minted money :: but we could not...

sorry all was not there since morning to guide / update & give views

coz got bit busy due 2 days pending work .. as was on bed rest for 2 days

Start Buying Near / Below 4900 level

Closing basis Nifty spot not below 4830

On fall we would be buying just four stocks

1) Jindal Steel & Power ::: btw 610-630 (expect upmove of 200-250)

2) Tata Steel ::: btw 520-535 (expect upmove of 200-250)

3) DLF ::: btw 265-280 (expect upmove of 80-120)

4) KFA ::: btw 43-46 (expect upmove of 20-25)

Astro View on Nifty : 14th May 2010

•The days in May when Nifty will be highly volatile- 17,18,20,31.
(Keep in mind that the yearly weightage "5201" is not  supporting the Nifty)

•Investors can slowly buy till May 19, 2010.
•From opening to 10:10, Nifty is likely to make a V-shaped graph. So position yourself accordingly.
•10:05 to 10:35- Nifty can undergo some correction.
•10:35 to 13:35- Nifty is likely to move up step-by-step but beware of a steep dip sometime during the period.
•13:35 to the end of trading day- Nifty will move downwards.

Source: GaneshaSpeaks

LIVE NIFTY INTRADAY REALTIME SPOT CHART 13th MAY 2010

NIFTY VIEWS / UPDATES :: DOW TRADING +146 POINTS AT 12:48PM :: WOULD IT SUSTAIN??? NO ... IT SHOULD NOT

At 12:48pm dow trading +146 points

everyone must be expected gap-up opening???

would be it sustain ... no ... it should not

try to book profit in nifty 5200 calls taken for hedge purpose bwt 5180-5195

add fresh short's in nifty fut around 5180-5195

long stop loss 5142 ... last hope for bulls 5111

bear's will have upper hand below 5111

day resistance at 5185 and 5214

Bull Fear Zone 5214 :::: Bear Fear Zone 5142

Still we keep our target of 4900 on nifty intact

closing basic nifty is not below 4830 ... intraday may be possible

wait & start buying near / below 4900 level's

avoid buying at current market level's

Those stuck in old longs use rise to exit for re-entering at lower levels

Watch out tatasteel for entering fresh short's at higher level's closed at 584.45

Astro View on Nifty : 13th May 2010

•The days in May when Nifty will be highly volatile- 17,18,20,31.
(Keep in mind that the yearly weightage "5201" is not  supporting the Nifty)

•Investors can slowly buy till May 19, 2010.
•Ganesha is not very satisfied with what the day has to offer today.
•Till 10:05- Nifty may stay strong. But if it takes a big dip along the way, don't get shocked.
•10:05 to 10:50- Nifty may be down.
•10:50 to 14:05- There may be some buying in the midcap and later in the largecap shares.
•14:05 to 14:50- Nifty will follow a bearish trend.
•14:50 to 15:30- Nifty will go up.

Source: GaneshaSpeaks

KEEP HOLDING / CARRY SHORT NIFTY FUT HEDGED WITH 5200 CALL - TAKEN ON MONDAY