Friday, January 9, 2009

Nifty Future for January 9 - Viral Joshi

Pivot is 2950 and support is 2820.

S1 2900; S2 2880; S3 2850/2820; and R1 2920; R2 2950; R3 2980/3020;

Buy above 2900 and if it breaks 2920 then 2950 - 2980 - 3020.
Short below 2900 and if it breaks 2880 then 2850 - 2820 - 2800.

Daily moving averages:

5DMA 3047;
20DMA 2988;
50DMA 2868;
200DMA 4035.

Dow Jones Tonight for Jan 9 - Viral Joshi

Pivot is 8,700 and support is 8,600.

S1 8,700; S2 8,650; S3 8,600; and R1 8,725; R2 8,750; R3 8,800/8,850.

Above 8,725 Dow is positive and below 8,700 Dow is negative.

Wednesday, January 7, 2009

Dow Jones Tonight for January 7 - Viral Joshi

Pivot is 9,025 and support is 8,900.

S1 9,000; S2 8,950; S3 8,900; and R1 9,025; R2 9,050; R3 9,100/9,150.

Above 9,025 Dow is positive and below 9,000 Dow is negative.

Nifty Future for January 7 - Viral Joshi

Pivot is 3100 and support is 3050.

S1 3100; S2 3080; S3 3050; and R1 3120; R2 3150; R3 3180/3200;

Buy above 3100 and if it breaks 3120 then 3150 - 3180 - 3200.
Short below 3100 and if it breaks 3090 then 3080 - 3050 - 3030.

Daily moving averages:

5DMA 3055;
20DMA 2981;
50DMA 2871;
200DMA 4045.

Nifty Future for January 7 - Rakesh Chandra

The Nifty hourly chart analysis shows the
4th downwave price target has been met but has to spend more time in the 4th wave. Thus, any upside price will not sustain. Chances are that this is a triangular zig-zag formation. Book profits on the upside and buy any lows with stop loss.

With 3,127, buy Nifty future above 3,139.60, with up target >3,161>>3,195>>>3,216.

With 3,140, short below 3,126.50 with lower target >3,105>>3,071>>>3,050.

Monday, January 5, 2009

Nifty Update for January 6 - Inder Bhatia

The Indian market opened gap-up, saw a smart rally in the afternoon session and closed with handsome gains. For the coming session 3158 level is the main hurdle for Nifty. If it crosses this, Nifty could test 3210- 3234 zone. On the lower side 3101 levels would act as a support zone.

KM

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