Dow Jones Tonight for April 2 - Viral Joshi

Pivot is 7,720 and support is 7,600.

S1 7,750; S2 7,700; S3 7,650; and R1 7,785; R2 7,820; R3 7,900/7,950.

Above 7,785 Dow is positive and below 7,750 Dow is negative.

Nifty Future for April 6 - Viral Joshi

Pivot is 3040 and support is 3000.

S1 3060; S2 3040; S3 3020/3000; and R1 3080; R2 3100; R3 3120/3150;

Buy above 3070 and if it breaks 3080 then 3100 - 3120 - 3150.
Short below 3060 and if it breaks 3050 then 3040 - 3020 - 3000.

Daily moving averages:

5DMA 3050;
20DMA 2822;
50DMA 2811;
200DMA 3462.

Nifty Update for April 2 - Inder Bhatia

HOT STOCK: BEML

The Indian market opened at the lower end and bounced sharply from the lower levels, to close in the green zone. For the coming session trading above 3066 the Nifty could test 3105-3127 zone, and on the lower side 3003 -2986 would act as a support zone. Nifty is taking support from 2960 zone and has broken the 3055 zones.

Dow Jones Tonight for April 1 - Viral Joshi

Pivot is 7,675 and support is 7,400.

S1 7,550; S2 7,500; S3 7,450; and R1 7,675; R2 7,720; R3 7,770.

Above 7,675 Dow is positive and below 7,550 Dow is negative.

Nifty Future for April 1 - Viral Joshi

Pivot is 3020 and support is 2920.

S1 3000; S2 2980; S3 2950/2920; and R1 3020; R2 3050; R3 3080/3100;

Buy above 3020 and if it breaks 3040 then 3060 - 3080 - 3100.
Short below 3010 and if it breaks 3000 then 2980 - 2960 - 2940.

Daily moving averages:

5DMA 3035;
20DMA 2802;
50DMA 2805;
200DMA 3470.

Nifty Update for April 1 - Inder Bhatia

The Indian market opened up with gap traded in a choppy session and closed in the green zone. For the coming session, trading below 3000 it will test 2962 -2910 zone and cracking of lower trend line will give more confirmation. On other side trading above 3035 it will test 3050-3070.

Dow Jones for March 31 - Viral Joshi

Pivot is 7,500 and support is 7,400.

S1 7,500; S2 7,450; S3 7,400; and R1 7,550; R2 7,600; R3 7,650.

Above 7,550 Dow is positive and below 7,500 Dow is negative.

Nifty Future for March 31 - Viral Joshi

Pivot is 2990 and support is 2880.

S1 2980; S2 2950; S3 2920/2900; and R1 2990; R2 3020; R3 3050/3080;

Buy above 2990 and if it breaks 3000 then 3020 - 3050 - 3080.
Short below 2980 and if it breaks 2960 then 2950 - 2920 - 2900.

Daily moving averages:

5DMA 3018;
20DMA 2789;
50DMA 2801;
200DMA 3478.

Nifty Update for March 31 - Inder Bhatia

The Indian market opened gap-down and traded in the red territory throughout the session and closed in the deep red zone. We had indicated about negative divergences on the hourly chart and correction came today. For the coming session trading below 2970 it will test 2930-2896.On other hand trading above 3009 Nifty can test 3027-3043 levels .

Mercury is Back - Rakesh Chandra

The market has behaved in the same wayas we have pointed out in our last astro report. Last 2 weeks, bulls have had a field's day post March 12.

Now, March 31, Mercury is back with Sun, so a dip is on cards. This essentially means a buy on declines.

For next week, with 3,106 as Stoploss, buy above 3,148.37, for targets of 3,218 and 3,330.

With Stoploss 3,148, Short below 3,105.63 with lower target 3,036 and 2,924.

For S&P500, with stoploss 808 buy next week above 816.30 for target 829 and 851.

With stoploss 816, next week short below 808.20 with target 795 and 774.

Dow Jones Tonight for March 30 - Viral Joshi

Pivot is 7,780 and support is 7,550.

S1 7,750; S2 7,700; S3 7,650; and R1 7,780; R2 7,800; R3 7,850.

Above 7,780 Dow is positive and below 7,750 Dow is negative.

Nifty Future for March 30 - Viral Joshi

Pivot is 3100 and support is 3000.

S1 3100; S2 3080; S3 3050/3020; and R1 3120; R2 3150; R3 3180/3200;

Buy above 3120 and if it breaks 3130 then 3150 - 3180 - 3200.
Short below 3100 and if it breaks 3090 then 3060 - 3030 - 3010.

Daily moving averages:

5DMA 3011;
20DMA 2780;
50DMA 2796;
200DMA 3486.

Nifty Update for March 30 - Inder Bhatia

BUY ABAN ABOVE 445 TGT 470>484 STOPLOSS 427

The Indian market opened on a flat note and saw a choppy session, but managed to close in the green zone. For the coming session RSI is showing negative divergence on hourly chart, which indicates profit-booking around 3136-3153 zone. On the other side 3082-3067 zone will act as support zone.

BUY TATAMOTORS 191 TGT 197>204 STOPLOSS 184

Last week Sensex had crossed the psychological 10,000 mark and Nifty crossed 3100. On a daily chart Nifty is heading near the upper channel and with strong resistance zone at 3173-3240.

On the above chart, the bulls are trying to make a third attempt to crack 3180 on a closing basis while on the other side bears have failed their third attempt to crack the lower side below 2500, on closing basis.

We see that the RSI has crossed above 60, for the first time, in this bear market. This indicates the market is in the grip of bulls and they are trying to crack the band of 2500-3200. Technically, a third or fourth attempt makes bulls or bears weak to hold on to a specific zone. Market has move from 2500 to the 3100 zone without any correction, hence a correction is due.