Saturday, September 13, 2008

Stocks Update for Sep 15 - Kailash Pareek

Market seems to be nervous now. As there was massive selling, some pullback is expected before further fall. Below are some calls. Please note that these are cash rates, so watch cash market rates.

JPASSOCIAT - Short below 155.75;
M&M - Short below 537.90;
BOMDYEING - Short below 527.50;
ABB - Short below 846.90.

Friday, September 12, 2008

Dow Jones Tonight For Sep 12 - Viral Joshi

Pivot is 11,300 and support is 11,250.

S1 11,400; S2 11,350; S3 11,300/11,250; and R1 11,450; R2 11,480; R3 11,500.

Above 11,440 Dow is positive and below 11,400 Dow is negative.

Nifty Future for Sep 12 - Viral Joshi

Pivot is 4310 and support is 4250.

S1 4300; S2 4280; S3 4250; and R1 4310; R2 4340; R3 4365/4380;

Buy above 4310 and if it breaks 4340 then 4365 - 4380.
Short below 4300 and if it breaks 4280 then 4260 - 4250.

Daily moving averages:

5DMA 4399;
20DMA 4379;
50DMA 4292;
200DMA 4956.

Thursday, September 11, 2008

Nifty Update for September 12 - Inder Bhatia

The Indian market opened on a weak note and closed in heavy losses with deep red zone. The market struggled throughout the session and saw selling across the board. For the coming session, 4200- 4221 will act as a support. Breaking 4200 would take the Nifty 4177-4155. On the other side 4354-4377 would act as a resistance zone .

Hot Calls for September 12 - Kailash Pareek

The market is really worrisome again. Forming of an H&S in Nifty is negative for bulls. The calls below are cash rates hence, please watch the cash rates and trade.
BHEL - Short below 1649;
LICHSGFIN - Short below 318.40;

HDFC - Short below 2337. A H&S top formation is seen;
Inflation remains unchanged.

Wednesday, September 10, 2008

Nifty Update for September 11 - Inder Bhatia

The Indian market closed in the red zone. Market witnessed selling pressure at higher levels and closed on a red note. For the coming session Nifty is near the support zone. If it breaks below 4382 we would witness more selling toward 4321. On the other side 4440-4494 would act as resistance zone.

Dow Jones Tonight for Sep 10 - Viral Joshi

Pivot is 11,325 and support is 11,150.

S1 11,200; S2 11,180; S3 11,150; and R1 11,325; R2 11,350; R3 11,400.

Above 11,325 Dow is positive and below 11,200 Dow is negative.

Nifty Future for Sep 10 - Viral Joshi

Pivot is 4470 and support is 4350.

S1 4470; S2 4420; S3 4350/4320; and R1 4500; R2 4520; R3 4550/4580;

Buy above 4500 and if it breaks 4520 then 4550 - 4580.
Short below 4470 and if it breaks 4420 then 4350 - 4320.

Daily moving averages:

5DMA 4451;
20DMA 4403;
50DMA 4277;
200DMA 4969.

Tuesday, September 9, 2008

Nifty Update for September 10 - Inder Bhatia

The Indian market opened on a weak note but saw smart recovery during the trading hour. Market faces resistance near 4500-4540 zone and saw profit booking at higher levels. For the coming session if Nifty trades above 4483, it can test 4504-4523 zone. On the lower side, if Nifty trades below 4443, it could test 4421-4404.

Dow Jones Tonight for Sep 9 - Viral Joshi

Pivot is 11,420 and support is 11,300.

S1 11,480; S2 11,420; S3 11,300; and R1 11,550; R2 11,580; R3 11,620.

Above 11,550 Dow is positive and below 11,420 Dow is negative.

Nifty Future For Sep 9 - Viral Joshi

Pivot is 4520 and support is 4400.

S1 4480; S2 4450; S3 4420/4400; and R1 4520; R2 4550; R3 4580/4620;

Buy above 4520 and if it breaks 4550 then 4580 - 4620.
Short below 4480 and if it breaks 4450 then 4420 - 4400.



Daily moving averages:

5DMA 4427;
20DMA 4406;
50DMA 4270;
200DMA 4977.

Monday, September 8, 2008

Dow Jones Tonight for Sep 8 - Viral Joshi

Pivot is 11,180 and support is 11,000.

S1 11,180; S2 11,150; S3 11,120; and R1 11,240; R2 11,300; R3 11,400.

Above 11,240 Dow is positive and below 11,180 Dow is negative.

Nifty Future for Sep 8 - Viral Joshi

Pivot is 4375 and support is 4300.

S1 4350; S2 4320; S3 4300; and R1 4375; R2 4400; R3 4420/4450;

Buy above 4375 and if it breaks 4400 then 4420 - 4450 - 4520.
Short below 4350 and if it breaks 4320 then 4300 - 4280.

Daily moving averages:

5DMA 4403;
20DMA 4408;
50DMA 4267;
200DMA 4984.

Sunday, September 7, 2008

Nifty Future for Week Sep 8-12 - Rakesh Chandra

These are the levels for the Nifty future for the coming week:

Weekly UT3: 4,617;
Weekly UT2: 4,554/4,514;
Weekly UT1: 4,451.

Price is bullish above 4,387.57, which is above the weekly pivot point.
Price is bearish below 4,348.43, which is below the weekly pivot point.

Weekly LT1: 4,285;
Weekly LT2: 4,182/4,222;
Weekly LT3: 4,119.

Nifty Update for Week Sep 8-12 - Inder Bhatia

The Indian market opened gap-down and traded in a tight range. The markets slipped further in the second session of trading and closed in the deep red zone. For the coming session if the Nifty is above 4375, we could test the 4435-4485 zone. On the other side 4305-4284 would act as a support zone.

Weekly Chart: Last week, the markets closed with a marginal trading loss of 0.18 percent respectively. The markets are trading in range as shown in the chart between 4160-4650. Nifty has reached our target of 4501 as indicated by the previous weekly hammer but it closed in the red zone.

For the coming session we could see the Nifty open gap-up on Monday, following the NSG meet at Vienna. On the daily chart, the Nifty is still holding a higher top and higher bottom formation, which is a good sign for the bulls. On the upside side, the Nifty would face resistance at 4455-4515 zone, while on the lower side 4320-4264 would act as a support zone. For this week, the key levels are 4385.

The Nifty's weekly trading range in 4160-4545.

Hot Calls for Week September 8-12 - Inder Bhatia

Buy ABAN above 2307 TGT 2353>2416 Stoploss 2279.

Buy APIL 402 TGT 411>423 Stoploss 396.

Sell ESSAROIL below 199 TGT 193 >187 Stoploss 204.

Buy NTPC above 174 TGT 181>185 Stoploss 171.

KM

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