Return of Johnnie and RPL - Kailash Pareek

Apologies for my long silence. I hope I will be able to post regularly. Since this is the first post after a long time, I have not much to write. I will update later.

For now, I would like to tell you about one stock. An interesting thing happened about this stock. CNBC's Udayan asked an analyst about it, 3-4 days ago, and this analyst said that the company had not yet started production, hence there was no reason to buy the stock,

Udayan then murmured to Mitali, that a few months ago, he had asked this analyst about this stock - then priced at Rs 235 - and he had told him to buy like hell. This stock is RPL.

I put a buy on it with a stoploss of 158, for the the longer term, and 155 for the short term.

So, Monday morning, it will be only RPL. Lets see how much u guys respect my call.

Dow Jones Tonight for Sep 5 - Viral Joshi

Pivot is 11,250 and support is 11,100.

S1 11,150; S2 11,120; S3 11,100; and R1 11,200; R2 11,250; R3 11,300.

Above 11,250 Dow is positive and below 11,150 Dow is negative.

Nifty Future for Sep 5 - Viral Joshi

Pivot is 4445 and support is 4325.

S1 4445; S2 4420; S3 4380/4325; and R1 4460; R2 4480; R3 4500/4550;

Buy above 4460 and if it breaks 4480 then 4500 - 4550.
Short below 4445 and if it breaks 4420 then 4380 - 4325.

(Risk traders can buy Nifty future @ 4325 SL 4318 TGT 4350 - 4380 - 4445)

Daily moving averages:

5DMA 4375;
20DMA 4417;
50DMA 4265;
200DMA 4991.

Nifty Update for Sep 5 - Inder Bhatia

The Indian market opened on a weak note and remained in the narrow range throughout the session. For the coming session if Nifty trades above 4481 we could see a rally up to 4521-4540. If Nifty trades below 4438 it can test 4401-4381. Market will react on global cues.

Nifty Future For September 4 - Viral Joshi

Pivot is 4475 and support is 4400.

S1 4500; S2 4475; S3 4450/4400; and R1 4530; R2 4550; R3 4580/4610;

Buy above 4530 and if it breaks 4550 then 4580 - 4610.
Short below 4475 and if it breaks 4450 then 4420 - 4400.

Daily moving averages:

5DMA 4344;
20DMA 4419;
50DMA 4260;
200DMA 4999.

Dow Jones Tonight for Sep 4 - Viral Joshi

Pivot is 11,490 and support is 11,420.

S1 11,520; S2 11,490; S3 11,450/11,420; and R1 11,550; R2 11,600; R3 11,620.

Above 11,550 Dow is positive and below 11,490 Dow is negative.

Nifty Future for September 4 - Santosh Gundecha

Nifty future has good support at 4210 -4150 (which was held in the August expiry too). The trendline support looks good. Nifty can move up on the back of falling crude prices (although Dow is not supporting as of now!).

One can expect a possible pullback (may be on Thursday or Friday). Nifty future has a rest at 4650-4725. It will require much effort to cross these hurdles.

PS: The Political Drama on Nuke deal is set to give the expected pull back.

One can go long on pull back , near the supports.

Nifty Update for September 4 - Inder Bhatia

The Indian market opened on a positive note and saw a smart rally across the board. Nifty saw a breakout from range and closed above 4500. We had given a weekly Hammer target of 4501. On the weekly basis, our target is done. For the coming session we could test 4560-4580 further, but on the lower side 4440-4365 would act as support zone.

Dow Jones Tonight for Sep 2 - Viral Joshi

Pivot is 11,585 and support is 11,480.

S1 11,540; S2 11,520; S3 11,480; and R1 11,585; R2 11,600; R3 11,620.

Above 11,585 Dow is positive and below 11,540 Dow is negative.

Nifty Future for Sep 2 - Viral Joshi

Pivot is 4320 and support is 4280.

S1 4320; S2 4310; S3 4280; and R1 4380; R2 4400; R3 4420/4450;

Buy above 4380 and if it breaks 4400 then 4420 - 4450.
Short below 4320 and if it breaks 4310 then 4300 - 4280.

Daily moving averages:

5DMA 4310;
20DMA 4414;
50DMA 4255;
200DMA 5005.

Nifty Update for September 2 - Inder Bhatia

The Indian market opened on a weak note on the back of global cues and saw a further dip during the noon session. The markets saw a smart recovery at the end of the trading session and closed with marginal losses. For the coming session if Nifty trades above 4335, we could test 4370-4410 levels. On the lower side 4280 would act as a strong support zone.

Dax Weekly for Sep 1-5 - Rakesh Chandra

Upwave (4-5) WUT3 : 6,619;
Upwave (2-3) WUT2: 6,568;
Upwave (0-1) WUT1: 6,486.

Price is bullish above 6,435.17 and bearish below weekly pivot point 6,403.83.

Down wave (0-1) WLT1: 6,353;
Down wave (2-3) WLT2: 6,271;
Down wave (4-5) WLT3: 6,220.

Nifty Update for Week Sep 1-5 - Inder Bhatia

The Indian market opened on gap-up, and sustained gains to close with handsomely in the green zone. For the coming session we could witness more upside toward 4398-4413. On the other side 4284-4313 would act as a support zone.

Daily: Last week nifty closed with gain of 0.80 percent. The market saw a smart recovery from lower levels, propelled by lower inflation and a further fall in crude. The Nifty opened gap-up on Friday and closed near the day's highs.

On the daily chart the Nifty has formed a Marubozu candle which is a bullish sign for the bulls. The Nifty has taken support from the 50 percent retracement of a rally from 3790-4650 levels, and is still holding a higher top and higher bottom formation as shown on chart.

Weekly: On the weekly chart the Nifty has made a Hammer pattern again, which is a good sign for the bulls. Crossing above 4398 it could test 4501 levels. For the coming session we could test 4379-4438 levels. We could see some profit booking near 4413-4450 zone. On the other hand, 4320-4280 will act as a support zone. For this week the key level is 4320.


The Nifty weekly Hammer closing pattern above 4398 - target 4501.

Hot Calls for Week Sep 1-5 - Inder Bhatia

Buy CNXIT above 3968 TGT 4051>4110 Stop loss 3912.

Buy PUNJLLOYD above 304 TGT 313 >321 Stoploss 298.

Buy PNB above 485 TGT 493>501 Stoploss 477;

Buy SATYAM above 424 TGT 431>437 Stoploss 419.50;

Stocks to Watch: IDFC, IDBI.