Dow Jones Tonight for April 9 - Viral Joshi

Pivot is 7,800 and support is 7,600.

S1 7,750; S2 7,700; S3 7,650; 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 April 9 - Viral Joshi

Pivot is 3280 and support is 3250.

S1 3350; S2 3320; S3 3300/3280; and R1 3370; R2 3390; R3 3410/3450;

Buy above 3370 and if it breaks 3080 then 3400 - 3420 - 3450.
Short below 3360 and if it breaks 3350 then 3320 - 3300 - 3280.

Daily moving averages:

5DMA 3178;
20DMA 2920;
50DMA 2838;
200DMA 3443.

Nifty Update for April 9 - Inder Bhatia

The Indian market opened gap-down on weak global cues but saw smart recovery during the session to close with handsome gains. For the coming session we could see more upside toward 3400-3470 zone. On the lower side 3230 would act as a support zone.

Dow Jones Tonight for April 8 - Viral Joshi

Pivot is 7,800 and support is 7,600.

S1 7,750; S2 7,700; S3 7,650; 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 April 8 - Viral Joshi

Pivot is 3250 and support is 3150.

S1 3220; S2 3200; S3 3180/3150; and R1 3250; R2 3280; R3 3300/3320;

Buy above 3250 and if it breaks 3280 then 3300 - 3320 - 3350.
Short below 3250 and if it breaks 3220 then 3200 - 3180 - 3150.

Daily moving averages:

5DMA 3105;
20DMA 2882;
50DMA 2827;
200DMA 3449.

Nifty Update for April 8 - Inder Bhatia

The Indian market opened gap-up but traded in narrow range and closed on a positive note. For the coming session trading below 3230 it will test 3210-3195 and trading above 3283 it could test 3301-3321. Markets are trading in an overbought zone and hence profit-booking could be seen at higher levels.

Dow Jones Tonight for April 6 - Viral Joshi

Pivot is 8,020 and support is 7,900.

S1 8,000; S2 7,950; S3 7,900; and R1 8,020; R2 8,050; R3 8,100/8,150.

Above 8,020 Dow is positive and below 8,000 Dow is negative.

Nifty Future for April 6 - Viral Joshi

Pivot is 3220 and support is 3200.

S1 3220; S2 3200; S3 3180; and R1 3250; R2 3280; R3 3300/3320;

Buy above 3265 and if it breaks 3280 then 3300 - 3320 - 3350.
Short below 3265 and if it breaks 3250 then 3220 - 3200 - 3180.

Daily moving averages:

5DMA 3076;
20DMA 2851;
50DMA 2819;
200DMA 3455.

Nifty Update for April 6 - Inder Bhatia

HOT STOCK: Buy RPL above 104 TGT 109>113 Stoploss 102.

HOT STOCK: Buy BHARATFORGE above 108.50 TGT 113>117>121 Stoploss 106.

Last week the market extended gains by 3.3 percent in Nifty and crossed the main hurdle of 3150. For the coming weeks, trading above 3250 would mean a test of 3353-3430. On the upside there is strong and major downward sloping trendline resistance near 3460.

Last week we had an update about RSI indicating about the trend shifting from Bears to Bulls and technically the third or fourth attempt makes bulls or bear weak to hold on the zone. For this week closing below 3130 it will kiss 3086-3039 levels.

The Indian market opened big gap-up and traded in one direction crossing the main hurdle 3170 level s and closed above 3200. For the coming session Nifty is heading toward a major hurdle at 3240. If nifty opens gap up on Monday above 3250, then it will head toward 3360-3400. On the other hand 3150-3055 would act as a support zone. Market is in the overbought zone.