Nifty Future For 02 JULY,2009 - Viral Joshi

Pivot is 4320 and support is 4250.

S1 4335 S2 4320 S3 4300/4280 R1 4350 R2 4365 R3 4380/4400

NIFTY FUTURE
BUY ABOVE 4350 & IF BREAK 4365 THEN 4380 - 4400 - 4420.
SHORT BELOW 4320 & IF BREAK 4300 THEN 4280 - 4265 - 4250.


Daily moving averages:

5DMA 4328;
20DMA 4418;
50DMA 4100;
200DMA 3368.

Bank Nifty For 02 JULY,2009 - viral Joshi

Pivot is 7420 and Support is 7250

s1 7450 s2 7400 s3 7350/7300 R1 7480 R2 7500 R3 7550/7600.

Buy Above 7450 & If Break 7480 Then 7500 - 7550 - 7600.
Short Below 7450 & If Break 7420 Then 7400 - 7350 - 7300.

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Dow Jones Tonight For 02 JUly,2009 - Viral Joshi

Pivot is 8,525 and support is 8,350.

S1 8,500; S2 8,450; S3 8,400; and R1 8,525; R2 8,550; R3 8,600.

Above 8,525 Dow is positive and below 8,500 Dow is negative.


Comment:-

Gap Up Opening Today.

support for day 4250.

nifty try to hold 4300 level & if 4365 broken then 4380 - 4400 - 4420.

Trend Can Change to Be negative if & only If 4100 Broken. Still that
Positive Trend .

nifty trianglular shape"rakesh chandra"

here nify eod chart analyiswe r progresing 4h corective waveits complex paatern (triangular formation)traingular shape takes a b c d e wave copletion4450 was d wave target and now we r followong towards e wavehope a-c-e will act support zone thenthen 5ht up wave .on card..look upside arrowtrade cautious..since length of d -e wave is small and cofuisng..and any side reversal will be strong.....obey ..level for day
S&P CNX NIFTY* RC Wave* stoplls:4,294 next day_Buy above :4,316.43next day up target>4,353>>4,413>
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S&P CNX NIFTY* RC Wave* stoplls :4,316 next day_Short bellow :4,293.67next day lower target >4,257>>4,197>>>4

Nifty Update for June 30 - Inder Bhatia

The Indian market opened on a flat note and saw an upward journey in the afternoon session and closed in the flat zone. Nifty is showing profit-booking at higher level and all the gains vanished at the end of the session. For the coming session trading below 4368, Nifty will test 4342-4300. On the other side 4480-4513 zone will act as strong resistance.

Nifty and Stocks Update for June 30 - Inder Bhatia

Sell M&M below 683 TGT 653>638 Stoploss 705.

Buy ICICIBANK above 757 TGT 785>803 stoploss 729.

Last week we had mentioned that any major rally would correct before a next move, yet we saw just a 23 percent retracement to 4151. A 38 percent retracement would be around 3850 and 50 percent retracement is 3592 as shown in above chart.

Last week the Sensex gained 1.7 percent and Nifty ended higher by 1.4 percent respectively. As last week we had mentioned that some pullback can be expected and Nifty bounced from lower levels to touch 4370 levels before moving ahead to 4442-4483-4553 which will act as resistance zone. On the lower side if Nifty cracks below 4140 we could see a deep correction toward 4000-3865. For the coming weeks closing below 4310 levels we could test 4220-4150.

The Indian market opened on higher note tracking positive cues from global market and close with hand some gains.For coming session nifty trading above 4380 it likely to test 4440-4483 zones. On the other side 4290-4240 levels will act as support zones.