WE WOULD BE CARRYING OUR LONG WE BOUGHT YESTERDAY AND ADDED MORE TODAY .. NIFTY SPOT CLOSING 6060 UNLIKELY

BUYING MAY START ANYTIME FROM NOW

BUYING MAY START ANYTIME FROM NOW ....
BUT KEEP SL OF 6060 ON CLOSING BASIS ON NIFTY SPOT
AS TOLD YESTERDAY AND UNDER WEEKLY OUTLOOK DT. 03 JAN POSTED

OM SHRI GANESHAYA NAMAH

BUY LNT ABOVE 1950 TARGET 2160 AND STOPLOSS 1885 ON CLOSING BASIS

BUY LNT ABOVE 1950 TARGET 2160

ADD MORE ON CLOSE ABOVE 2020

TARGET 2160 AND STOPLOSS 1885 ON CLOSING BASIS

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK JAN 06, 2011

On Wednesday, market opened lower and continue second day of profit booking and close down in red. Major buying interest was seen in FMCG and IT whereas Banks and Realty remain under selling pressure however Auto also faced selling pressure. Volume for the day was lower then previous trading session. Market breadth was negative. Midcap index and Small caps index closed down in red.

For the day, the level of 6045 and 6015 may act as a major support for the market and the level of 6100 and 6125 may act as a major hurdle.

Short term trend will turn negative below the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6100 with stop loss 6070 for target 6125 / 6155 and can go short below 6045 with stop loss 6075 for target 6015 / 5990.

Index Range

Nifty: 6079.80
Range: 6015-6125
Resistance: 6100-6125-6155
Support: 6045-6015-5990

Bank Nifty: 11305.45
Range: 11030-11580
Resistance: 11360-11470-11580
Support: 11250-11140-11030

Short term: Up (6060)
Medium term: Up (5970)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3245.55-3485.85= -240.30
DII:  1349.98-1451.73= -101.75

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

CAN TAKE FRESH BUY AND THOSE HOLDING NIFTY CAN ADD MORE

CAN TAKE FRESH BUY AND THOSE HOLDING NIFTY CAN ADD MORE
PREV BOUGHT ABOVE 5970 AND 6065 BOOKED SOME NEAR 6180
BUY NIFTY FUTURE AT CMP 6097 NIFTY SPOT 6073
STOPLOSS 6060 CLOSING BASIS
TARGET 6180 / 6280

ALL SPOT LEVELS

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK JAN 05, 2011

On Tuesday, market opened higher and traded in the range thru out the day however market faced profit booking during final hour of trading session and close down in red. Major buying interest was seen in FMCG and Oil & Gas whereas Banks and Realty attract selling pressure. Volume for the day was higher then previous trading session. Market breadth was negative. Midcap index and Small caps index closed down in red.

For the day, the level of 6125 and 6095 may act as a major support for the market and the level of 6155 and 6180 may act as a major hurdle.

Short term trend will turn negative below the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6155 with stop loss 6125 for target 6180 / 6210 and can go short below 6125 with stop loss 6155 for target 6095 / 6070.

Index Range

Nifty: 6146.35
Range: 6095-6180
Resistance: 6155-6180-6210
Support: 6125-6095-6070

Bank Nifty: 11564.00
Range: 11395-11730
Resistance: 11620-11675-11730
Support: 11505-11450-11395

Short term: Up (6060)
Medium term: Up (5970)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  3381.89-2664.13= +717.76
DII:  1474.07-1965.64= -491.57

All Above Spot Levels

OM SHRI GANESHAYA NAMAH

NIFTY SPOT JUST TRADING BTW NO TRADE ZONE 6125-6180 ::: KEEP AN EYE ON MCDOWELL IT'S A BUY ABOVE 1485

NIFTY SPOT JUST TRADING BTW NO TRADE ZONE 6125-6180 .... IT IS INTRADAY SHORT BELOW 6125 AND BUY ABOVE 6180

BUY MCDOWELL-N ABOVE 1485
CONDITION CLOSING REQUIRED ABOVE 1485
STOPLOSS 1425 CLOSING BASIS
TARGET 1600 / 1680

OM SHRI GANESHAYA NAMAH

:)) NIFTY MOVED AND UP MORE THEN 50 POINTS FROM THE ALERT MSG .......... ENJOY :))

OM SHRI GANESHAYA NAMAH

AVOID SHORT AT THESE LEVELS ... NIFTY SPOT STRONG SUPPORT BTW 6125-6120

AVOID SHORT AT THESE LEVELS ... NIFTY SPOT STRONG SUPPORT BTW 6125-6120
MARKET MAY BOUNCE BACK, AVOID SHORT IN MARKET ..... USE DIPS FOR BUYING
BEATAN DOWN STOCKS FOR THE DAY ARE BANK ... BUY SOME BANKS
NEXT SUPPORT 6095 BELOW 6125-6120
NIFTY SPOT SOON HEADING FOR 6280

OM SHRI GANESHAYA NAMAH

NIFTY DAILY OUTLOOK JAN 04, 2011

On Monday, market opened on positive node and traded higher in the range thru out the day; however market failed to hold major gains of the day in final hour of trading session but manage to close up in green. Major buying interest was seen in Metals whereas IT and Auto attract selling pressure. Volume for the day was lower then previous trading session. Market breadth was positive. Midcap index and Small caps index closed up in green.

For the day, the level of 6125 and 6095 may act as a major support for the market and the level of 6180 and 6210 may act as a major hurdle. Market may attract buying.

Short term trend will turn negative below the level of 6060.

"Spot Levels" Day trader can go long on nifty above 6180 with stop loss 6150 for target 6210 / 6135 and can go short below 6125 with stop loss 6155 for target 6095 / 6070.

Index Range

Nifty: 6157.60
Range: 6095-6210
Resistance: 6180-6210-6235
Support: 6125-6095-6070

Bank Nifty: 11855.80
Range: 11670-12015
Resistance: 11890-11945-12015
Support: 11780-11725-11670

Short term: Up (6060)
Medium term: Up (5970)
Long term: Up (5350)

Cash Market Trading Activity (Prov. Figure in Rs. Crores)

Cat: Buy Val - Sell Val=   Net Val
FII:  1516.59-1175.62= +340.97
DII:  1044.56-1168.57= -124.01

All Above Spot Levels

OM SHRI GANESHAYA NAMAH