NIFTY VIEW - VIRAL JOSHI

Dow Jones Hold 9000 Level & Break 9200 Level ,
If It Sustain Then Dow Going Towards 12000 Level.


On Our Last Post We Said If Nifty Hold 4485 Level Then 5000 Level.
Which As Been Conformed.

As Dow Broken 9200
We Will Break 4650 & 4750 & Lead Towards 5000 Level.


In Short, In This month Augest We r expecting nifty target 5000.

start buying things at every dip
don't miss this levels
according to my technical calculation
wihin 18 feb,2010

NIFTY FUTURE TG 7100.
SENSEX TG 24,500.

NiftyUpdates For31jul09------InderBhatia

The Indian market opened on flat note on weak global cues and turned positive zone with volatile session and close with green zones. For coming trading session if nifty trade above 4580 levels it can test 4604-4621 zones .On the lower side trading below 4520it likely to test 4503-4469 zones .

NiftyUpdates For30jul----InderBhatia

The Indian market opened on weak note on weak global weak cues and close with negative zone .As we had mention below 4529 rising wedge will crack and kiss low 4410 levels .For coming session 4542-4560 zone will act resistances and if nifty trade below 4463 it likely to test 4427-4342 zones .

NiftyUpdates For29jul----InderBhatia

The Indian market opened on marginally up and after opening turned in to negative zones and end session with red zone. Nifty was trading in narrow range on hourly chart nifty is forming rising wedge pattern and trading below 4529 it will confirm sell pattern .If nifty trade above 4587 it can test 4602-4624 zones on the lower side below4530 it will test 4460-4410 zones .

NiftyUpdates 28jul------InderBhatia

The Indian market opened on positive note but saw profit booking at higher level and close flat zones . For coming trading session if nifty trade above 4593 zones it will test 4630-4650zones .On the lower side trading below 4550 level it can test 4510-4500 level .On the daily chart nifty had form narrow range body which suggests indecisiveness.

Nifty Future For 27 JULY,2009 - Viral Joshi

Pivot is 4550 and support is 4450.

S1 4550 S2 4535 S3 4520/4500 R1 4580 R2 4600 R3 4650/4700

NIFTY FUTURE
BUY ABOVE 4580 & IF BREAK 4600 THEN 4635 - 4650 - 4700.
SHORT BELOW 4580 & IF BREAK 4565 THEN 4550 - 4535 - 4500.

Daily moving averages:

5DMA 4493;
20DMA 4301;
50DMA 4340;
200DMA 3369.

Bank Nifty For 27 JULY,2009 - viral Joshi

Pivot is 7400 and Support is 7250

s1 7350 s2 7300 s3 7250 R1 7400 R2 7450 R3 7500/7550.

Buy Above 7400 & If Break 7450 Then 7500 - 7550 - 7600.
Short Below 7380 & If Break 7350 Then 7300 - 7280 - 7250.

Dow Jones Tonight For 27 JUly,2009 - Viral Joshi

Pivot is 9,065 and support is 9,000.

S1 9,080; S2 9,050; S3 9,000; and R1 9,100; R2 9,120; R3 9,150/9,200.

Above 9,100 Dow is positive and below 9,080 Dow is negative.

www.wishmasterfinancialservice.com

Comment:-

Gap UP Opening Today.

support for day 4550.

AS SAID IN LAST POST DOW JONE GOING TOWARDS 9200 JUST CHECK OUT it is right now at 9,093.24" perfect" . only 106..76 POINT LEFT

ALSO SAID NIFTY NEED TO HOLD 4200 TOWARDS 4485 AND IF IT HOLD FOR 3 DAYS 4485 HOLD THEN 4650 AND 4750 LEVEL.

WE ACHIVED 4485 AND TODAY 4650 GOING TO BREAK.

NOW IF 4650 & 4750 BROKEN THEN NIFTY GOING TOWARDS 5000.

NOW QUESTION IS WILL WE BREAK 4750 LEVEL?
ANSWER OF THIS QUESION WAS HOLD BY DOW JONE
IF DOW JONE HOLD 9000 LEVEL THEN YES WE WILL SEE 4750 LEVEL AND
IF DOW JONE BREAK 9200 LEVEL THEN WE WILL BREAK 5000 LEVEL.

SO DOW IS THE KEY FOR 5000 LEVEL.KEEP WATCH IT

Above 4400 It lead to 4600. & if 4650 broken then only 4800 - 5000.

Below 4300 it lead to 4100 & if 4050 broken then only 3900 - 3750.

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

WeeklyUpdates For 27Jul09----InderBhatia

BUY JINDAL SAW ABOVE 438 TGT 456>467STOPLOSS423

BUYAPTECH AROUND 172-174 TGT185>193 STOPLOSS166

Last week sensex gains 4.30% and nifty spurt by 4.43% respectively, closed for the second consecutive week upside .As moving head there are multiple resistances around 4650-zones .On weekly chart we are witnessing flag pattern breakout and inverse head &shoulder pattern forming but in past we had seen failure in nifty bearish hns pattern and Rsi is reach near resistances point from last time it was breakdown as shown in above chart. If nifty closed below 4340 zone flag pattern will in valid for long one has to move stoploss4340 zones .For coming week closing above 4583 zone it will likely to test 4647-4682 zones and closing below 4480 it will test 4445-4380 zones .

The Indian market opened on gap up on strong global cues and close with strong note .For coming session we had seen disappoint result from Reliance Industries if nifty open gap down around 4510-4483 zones it will act support zone .On hourly chart we are witnessing negative divergences on charts as shown above chart.On the other side 4593 zone will act as resistance for the day and trading above 4593 zone it will test 4630-4645 zones .