INTRADAY SHORT NIFTY FUTURE AS PER SPOT LEVELS - SHORT ON BREAK BELOW 5600 ON SPOT

INTRADAY SHORT NIFTY FUTURE AS PER SPOT LEVELS
SHORT ON BREAK BELOW 5600 ON SPOT
TGT 5574 / 5560 / 5546 / 5533 / 5519
SL ABOVE 5630

CARRY SHORT 9 COUNTERS FOR 2-3 DAYS : BANKNIFTY - DLF - HDIL - SBI - ICICIBANK - IDFC - LIC - RELIANCE - SUNTV

SHORT BANKNIFTY BELOW 11210 SL 11260 TGT 11120 / 11060 / 10960
SHORT DLF BELOW 231 SL 233.50 TGT 226 / 223 / 219
SHORT HDIL BELOW 161 SL 163 TGT 159 / 157 / 153
SHORT SBI BELOW 2455 SL 2477 TGT 2428 / 2412 / 2385
SHORT ICICIBANK BELOW 1056 SL 1066 TGT 1048 / 1040 / 1027
SHORT IDFC BELOW 137 SL 139.30 TGT 134.70 / 133.40 / 131
SHORT LIC BELOW 221 SL 223.50 TGT 218 / 216 / 213
SHORT RELIANCE BELOW 867 SL 876 TGT 858 / 852 / 843
SHORT SUNTV BELOW 326 SL 336 TGT 318 / 313 / 305

ALL CASH AND SPOT LEVELS

NIFTY SPOT INTRADAY LEVELS

ABOVE 5602 WILL MOVE FOR 5615 / 5628 / 5656 / 5669
BELOW 5560 WILL MOVE FOR 5546 / 5533 / 5519 / 5505

UPDATE: NIFTY AHEAD - NIFTY SPOT EOD CHART DT 15 JULY 2011 - TREND BEARISH ON CLOSE BELOW 5580

NIFTY SPOT EOD CHART DT 15 JULY 2011
FROM LAST TWO TRADING SESSION NIFTY HAD BEEN FACING SELLING PRESSURE FROM THE HIGHER LEVELS WITH VOLUME

DURING THE SAME WHAT WE HAVE NOTICE IN OPTIONS
1) WHEN MARKET RISE
CALL ARE NOT RISING MUCH AND PUT ARE FALLING LESS
2) WHEN MARKET IS FALLING
PUT ARE RISING MUCH HIGHER COMPARE TO CALLS AND CALL ARE FALLING MORE

AS PER OPTION DATA FROM LAST 3 TRADING SESSION AND FII OPTION DATA
WE SEE BUYING IN 5500 PUTS THEN PUT WRITTING WHAT OTHER ARE ASSUMING

NOW WE COME TO NIFTY IF ON MONDAY NIFTY SPOT MANAGE TO CLOSE BELOW 5580 THE TREND FOR COMING DAYS WILL TURN BEARISH AS PER THE LOWER SUPPORT TRENDLINE SHOWN IN CHART

HOW EVER BELOW 5580 TWO MINOR SUPPORTS COMES AT 5530 AND 5505, IF NIFTY SPOT MANAGE TO SUSTAIN BELOW 5495 WITH VOLUME THEN WE MAY SEE A INTRADAY FREEFALL TILL 5440-5420

SO ON MONDAY ONE CAN TAKE RISK OF FEW POINTS AND SHORT ON RISE FOR TGT 5430 / 5340 / 5260 WITH KEEPING TWO MINNOR SUPPORT IN MIND AND CLOSING BELOW 5580 IS MUST HOWEVER IF CLOSING ABOVE 5580 ONE SHOULD TAKE AN EXIT FOR CONFIRMATION NIFTY NEED TO CLOSE BELOW 5580 ON TUESDAY AS WELL

FOR CARRY STOPLOSS WILL REMAIN THE SAME AS GIVEN ON THURSDAY FOR CARRY AND SHORT ON BREAK BELOW 5620 FOR TGT 5580-5560-5540 WITH SL 5655 CLOSING ON NIFTY SPOT
ALL ABOVE SPOT LEVELS

SHORT ACTIVE ON BREAK BELOW 5573 ON NIFTY SPOT FOR FOR 5546 / 5519 / 5495 SL 5603 - AND IF ANYONE WENT LONG AT 5631 NIFTY SPOT - DID IT EVEN SUSTAIN FOR SECONDS ... NO IT DID NOT

UPDATE + INTRADAY TRADING LEVELS AS PER SPOT : NIFTY SPOT BEARISH BELOW 5540

NIFTY SPOT BREAK AND SUSTAIN BELOW 5540 WILL TGT 5520-5500

HOW EVER IF MARKET BREAK AND SUSTAIN BELOW 5495 FREE-FALL TILL 5440-5420

SPOT LEVELS - INTRADAY TRADING

BULLISH ABOVE 5630 FOR 5657 / 5683 / 5708 SL 5600

BEARISH BELOW 5573 FOR 5546 / 5519 / 5495 SL 5603

TGT 1 DONE NIFTY SPOT 5620>>>>5580 IN MINS

INTRADAY / CARRY SHORT NIFTY FUT AS PER SPOT LEVELS - SHORT ON BREAK BELOW 5620 SL ABOVE DAY HIGH TGT 5580-5560-5540

JUST IN : vat up on cigrates in tn - ON ITC WE HAVE A TGT BTW 182-178

YESTERDAY LOW STILL NOT BROKEN ON NIFTY SPOT - IF BREAK THEN A SIGN OF WEEKNESS - WE WOULD BE TAKING FRESH CARRY SHORT BELOW 5495 ON NIFTY SPOT