FOR FURTHER WEEKNESS NIFTY FUT NEED TO SUSTAIN BELOW 5020 ::: THEN ONLY BEAR'S WILL HAVE FULL CONTROL OVER BULLS

FOR FURTHER WEEKNESS NIFTY FUT NEED TO SUSTAIN BELOW 5020

THEN ONLY BEAR'S WILL HAVE FULL CONTROL OVER BULLS

THOSE TAKEN SELL ON NIFTY AS PER THE CALL GIVEN

HOLD WITH STOP LOSS 5070 ON NIFTY SPOT

CARRY ONLY IF CLOSE BELOW 4980 .. ELSE EXIT

OR WILL UPDATE LATER

OM SHRI GANESHAYA NAMAH

LIVE NIFTY INTRADAY REALTIME SPOT CHART 18th MAY 2010

Views on Nifty and Road Map Ahead ::: Tuesday 18th May 2010

Sgx nifty closed at 4999 on today made intraday low of 4982

Another successful trade on nifty avg short 5157 >>> 4967 + 190 points (avg nearly + 170)

We are Holding Nil position in Nifty fut as well as stock fut as on closing 17th May 2010

Dow Jones made a good intraday swing from +40 to - 200 to closed in +5 points

 

::: SWING VOLUME PATTERN CHART ::: ::: ITS ALL ABOUT VOLUME GAME ::: 

SVP Chart indicating that we are still on last leg of fall of correction

which indicate we are near the bottom but one or two panic selling can not be rules out

For Intraday i.e 18th May 2010 as well as for positional / carry trade

Sell below 5030 nifty spot

Trg 4980 / 4960 / 4920 / 4870

Stop loss 5070 carry only if close below 4980

Buy above 5080 nifty spot
Trg 5120 / 5156 / 5185 / 5214

Stop loss 5040 carry only if close above 5120

Still we keep our target of 4900 on nifty intact

Closing basis nifty is not below 4830 ... intraday may be possible

Start buying near / below 4900 level's all four stocks we have recmd at prev post

TATASTEEL BWT 520-530 UPSIDE TRG PLUS RS. 200-250
JSPL BTW 610-625 UPSIDE TRG PLUS RS. 200-250
DLF BTW 260-280 UPSIDE TRG PLUS RS. 80-120
KFS BTW 42-46 UPSIDE TRG PLUS RS 20-30
IF WISH CAN ALSO BUY RELCAP BWT 620-650

OM SHRI GANESHAYA NAMAH

Astro View on Nifty : 18th May 2010

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

•Investors can slowly buy till May 19, 2010.
•Be careful during this weak. There is likely to be a significant selling pressure at the Nifty.

 Be particularly careful on May 20, 2010.

•From the opening, Nifty will gradually move downwards. So plan your move accordingly.

  This period trend will persist till 10:30.
•10:30 to 11:50- Nifty will go up.
•11:50 to 12:25- This a very small time slot. Expect a correction in the market.
•12:25 to 14:45- Nifty will make you play on both sides. Overall, the market will remain strong.
•14:45 to 15:30- Nifty will go soft.

Source: GaneshaSpeaks

AVOID BUYING / FRESH LONG ::: STILL WE ARE ON LAST LEG OF DOWN FALL AS PER SVP CHART DATA :: AVOID FRESH LONG :: AVOID FRESH SHORT TOO FRESH SHORT TO BE MADE ONLY IF NIFTY SPOT MANAGE TO SUSTAIN / CLOSE BELOW 4980

LIVE NIFTY INTRADAY REALTIME SPOT CHART 17th MAY 2010

BOOK 50% AT CMP 4967 ::: 5157>4967 +190 ::: HOLD BAL 50% WITH STOPLOSS 4980 (NIFTY SPOT) CLOSING BASIS :: INTRADAY STOPLOSS 5010 (NIFTY FUT)

Astro View on Nifty : 17th 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.
•Be careful during this weak. There is likely to be a significant selling pressure at the Nifty.

 Be particularly careful on May 20, 2010.
•From opening to 9:15- Nifty will hover around the surface before falling. Don't trust the the opening period.
•9:15 to 10:25- Nifty may go down.
•10:25 to 13:25- Nifty may move up.
•13:25 to the end of the trading day? This time slot will see a lot of ups and downs at Nifty. The overall strength is not too good.

Source: GaneshaSpeaks

:: NIFTY SPOT ::: SWING VOLUME PATTERN CHART ::: MAY BE COULD NOT UPDATE LIVE DURING MRT HRS

::: SWING VOLUME PATTERN CHART :::
::: ITS ALL ABOUT VOLUME GAME ::: 

DATE                  NSE VOLUME
7th May 2010      233,345,722 -VE DOWN
10th May 2010    191,632,764 +VE UP
11th May 2010    168,751,932 -VE DOWN

12th May 2010    187,111,358 +VE UP

13th May 2010    179,378,582 +VE UP

14th May 2010    144,381,001 -VE DOWN

AS PER THE OBSERVATION / STUDY ON SVP CHART
LAST FEW DAY VOLUME INDICATING NIFTY NEAR / ALMOST IN END OF THE DOWN FALL

IT'S AN SIGN OF REVERSAL

BUT THE PICTURE WOULD BE CLEAR BY TODAY I.E. 17TH MAY 2010 MONDAY & TUESDAY CLOSING

TODAY WE EXPECTING GAP DOWN NEARLY BTW -0.80% TO - 1.20%

REST ALL INFORMATION POSTED IN PREV POST

I HAVE JUST CAME BACK HOME FROM FRNDS WEDDING

SO HAVE NO IDEA IF WOULD ABLE TO UPDATE LIVE VIEWS TODAY OR NOT

PLZ DO REF THE IMP NOTE GIVEN IN PREV POST HAVE ALSO MENTION BELOW AGAIN

WE KEEP OUR DOWNSIDE TARGET ON NIFTY OF 4900 INTACTclosing basis nifty is not below 4830 ... intraday may be possible

Start buying near / below 4900 level's all four stocks we have recmd level & trg on blog 

Note: IMP :: Must Read (if we are unable to update live during market hrs)

If in a case nifty try to hit / come near 4980 and does not sustain below the same

on bounce back just exit from short's on nifty future or any other stock future

and wait for higher levels for re-entering...... will keep on updating

as such time does not wait for anyone so have to keep an active eye on the market watch

wish you all best

OM SHRI GANESHAYA NAMAH

Views on Nifty and Road Map Ahead ::: Monday 17th May 2010

On monday nifty should open gap down btw -0.8% to -1.2%

Sgx nifty closed at 5020 on friday made intraday low of 5001

Another successful trade on nifty avg short 5157 (5120 + 5195) & exit from 5200 call

On friday intraday was getting nearly 100 points on nifty short, but we did not booked

We are Still carrying short's in nifty future  and as advised hope all are going along with us

do you remb tatasteel 590>>>>>545 :::: alert send on wenesday late night

::: SWING VOLUME PATTERN CHART :::
::: ITS ALL ABOUT VOLUME GAME :::
Shortly would be update on SVP chart also 

Level to watch out for Monday 5030 on nifty spot

If sustain below 5030 can add Fresh short's on nifty for intraday only

with Stop loss 5060 on nifty spot

Carry Shorts only if nifty spot manage to close below 4980

we will update the same during market hrs on groups & blog 

Day resistance at 5080 and 5120
Day support at 5030 / 4980 / 4920

Stop loss for short 5120 ... last hope for bulls 4980

Nifty 100 day EMA :: 5104  

Nifty 200 day EMA :: 4888

Weekly Resistance :::: Close Above 5196 target 5297 / 5381 ::: Stop loss 5110

Weekly Support :::: Close Below 5008 target 4925 / 4824 ::: Stop loss 5110

Note: IMP :: Must Read (if we are unable to update live during market hrs)

If in a case nifty try to hit / come near 4980 and does not sustain below the same

on bounce back just exit from short's on nifty future or any other stock future

and wait for higher levels for re-entering...... will keep on updating

as such time does not wait for anyone so have to keep an active eye on the market watch

wish you all best 

Still we keep our target of 4900 on nifty intact

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

Start buying near / below 4900 level's all four stocks we have recmd level & trg on prev post

OM SHRI GANESHAYA NAMAH