Thursday, March 26, 2009

Nifty Update for March 27 - Inder Bhatia

The Indian market saw strong opening and closed with huge gains .For coming session we are heading near strong resistance near 3120-3150 levels . On the other side 3014-2978 zone will act support zone.


HOT STOCK: L&T

Dow Jones Tonight for March 26 - Viral Joshi

Pivot is 7,680 and support is 7,600.

S1 7,720; S2 7,680; S3 7,620; and R1 7,750; R2 7,800; R3 7,850.

Above 7,750 Dow is positive and below 7,720 Dow is negative.

Nifty Future for March 26 - Viral Joshi

Pivot is 2920 and support is 2900.

S1 2970; S2 2950; S3 2920/2900; and R1 3000; R2 3020; R3 3050/3080;

Buy above 2970 and if it breaks 3000 then 3020 - 3050 - 3080.
Short below 2970 and if it breaks 2950 then 2920 - 2900 - 2880.

Daily moving averages:

5DMA 2895;
20DMA 2745;
50DMA 2785;
200DMA 3504.

Wednesday, March 25, 2009

Power Booster Bhel - Inder Bhatia

Power Booster Bhel

Hot Stock: Unitech

The Importance of Protecting 3020 for Bears - AP


By not letting the Nifty rise beyond 3020, bears have saved themselves a massive 700-point headache.

Dow Jones Tonight for March 25 - Viral Joshi

Pivot is 7,720 and support is 7,500.

S1 7,620; S2 7,550; S3 7,500; and R1 7,720; R2 7,800; R3 7,850.

Above 7,720 Dow is positive and below 7,620 Dow is negative.

Nifty Future for March 25 - Viral Joshi

Pivot is 2960 and support is 2850.

S1 2920; S2 2900; S3 2880/2850; and R1 2960; R2 2980; R3 3000/3020;

Buy above 2940 and if it breaks 2960 then 2980 - 3000 - 3020.
Short below 2920 and if it breaks 2910 then 2900 - 2880 - 2850.

Daily moving averages:

5DMA 2858;
20DMA 2733;
50DMA 2784;
200DMA 3513.

Tuesday, March 24, 2009

Nifty Update for March 25 - Inder Bhatia

The Indian market opened on a gap-up note but was not able to sustain above 3000 levels and thus saw profit booking at higher levels. For the coming days, if Nifty is able to open gap down and trade below 2895, it could test 2859. However, trading above 2976 will see Nifty test 2997-3026 levels.

Dow Jones Tonight for March 25 - Viral Joshi

Pivot is 7,620 and support is 7,500.

S1 7,750; S2 7,700; S3 7,620; and R1 7,800; R2 7,850; R3 7,900.

Above 7,800 Dow is positive and below 7,750 Dow is negative.

Nifty Future for March 24 - Viral Joshi

Pivot is 2920 and support is 2880.

S1 2920; S2 2900; S3 2880; and R1 2950; R2 2980; R3 3000/3020;

Buy above 2920 and if it breaks 2950 then 2980 - 3000 - 3020.
Short below 2920 and if it breaks 2910 then 2900 - 2880 - 2870.

Daily moving averages:

5DMA 2821;
20DMA 2725;
50DMA 2788;
200DMA 3523.

USE DAY FOR PROFIT BOOKING.

Monday, March 23, 2009

Nifty Update for March 23 - Inder Bhatia

The Indian market opened bang above 2830 levels which is our breakout level and closed with huge gains. For the coming session we are heading near 2967-2977 which is a strong resistance level. Nifty is trading in the overbought zone on the hourly chart. On the lower side 2911-2872 will act as the support zone.

Dow Jones Tonight for March 23 - Viral Joshi

Pivot is 7,310 and support is 7,200.

S1 7,270; S2 7,250; S3 7,200; and R1 7,310; R2 7,350; R3 7,400.

Above 7,310 Dow is positive and below 7,270 Dow is negative.

Nifty Future for March 23 - Viral Joshi

Pivot is 2800 and support is 2720.

S1 2800; S2 2780; S3 2750/2720; and R1 2820; R2 2840; R3 2860/2880;

Buy above 2800 and if it breaks 2820 then 2840 - 2860 - 2880.
Short below 2800 and if it breaks 2790 then 2780 - 2750 - 2720.

Daily moving averages:

5DMA 2789;
20DMA 2717;
50DMA 2791;
200DMA 3532.

Sunday, March 22, 2009

Nifty Update for March 23 - Inder Bhatia



The Indian market opened on a weak note, traded in the red zone, but saw a smart recovery in the trading session. For the coming session Nifty is near breakout or breakdown zone. If its trades above 2830 we could see more upside towards 2880. On the other side, if it trades below 2771-levels it could test 2745-2730. Nifty on the daily chart is trading in a narrow zone for the last three trading sessions.



Short-term Buy: CONTAINER CORP

KM

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