NIFTY FUTURE - SBI -ICICI - AXIS - RELCAP ANALYSIS FOR 01/10/12

DON'T CHASE THE MARKET. If you are slow, and miss a day trade that suddenly looks like it would have made you a fortune, do NOT panic and try to jump in late - you will almost certainly be buying the top or selling the bottom. Remember that the market will be there tomorrow, and the day after, and for ever, so ANY trade, no matter how important it looks, can be ignored if necessary. Keeping your powder dry, and being ready for the next one, is more important than hitting every day trading opportunity you see. Many successful day traders only trade for a few hours a day - they miss plenty of action but don't care, because they know the market will be around when they come back.

LAST CLOSE @ 5730

THE SHORT TERM TECHNICAL PICTURE IS STILL BULLISH.

FOLLOW BUY ON DIPS STRATEGY

A BREAKDOWN BELOW 5630 WILL SIGNAL THAT THE UPTREND IS FINISHED AND ALSO A MOVE ABOVE 5770 SIGNAL CONTINUATION OF UPMOVE

MAIN SUPPORT AROUND  @ 5640---------- 5630 LEVELS

MAIN RESISTANCE AROUND @ 5780--------- 5790 LEVELS

IF PRICE CAN TRADE AND  SUSTAIN ABOVE 5735 WITH VOLUME FOR 10- 20 MINUTES 

THEN BULLS TRY TO KISS

5766 ------ 5780 ------- 5785- -----5790

TRADE BELOW 5730

SEE NON STOP FALL UPTO

5708 -------- 5700

THEREAFTER

5678 AND 5670 WILL ACT AS SUPPORT

LAST CLOSE @ 2241

MAIN SUPPORT @ 2170- 2155

MAIN RESISTANCE @ 2285- 2300

INTRADAY VIEW

TRADING BELOW 2240...INDICATING WEAKNESS

SEE SLIDE UPTO 2225 - 2215

INTRADAY RESISTANCE @

2252 ------- 2265- -------2278

LAST CLOSE @ 1059

MAIN SUPPORT @ 1050 AND 1030

MAIN RESISTANCE @ 1085 AND 1090

INTRADAY VIEW

 SUPPORT @ 1050 AND 1041

INTRADAY RESISTANCE 

@

1072 AND 1080

LAST CLOSE @ 431.50

SUPPORT @ 420- ---------423 LEVELS

STIFF RESISTANCE AROUND 445

LAST CLOSE @ 1136

INTRADAY SUPPORT @ 1130 - 1120

STRONG SUPPORT @ 1120

RESISTANCE  AROUND 1150 AND 1160

Subject To Disclaimer

SIMPLE ANALYSIS OF INFY - SBI -HDIL - RELIANCE

IMPORTANCE OF VOLUME

ALERT !!! VOLUME DIVERGENCE IN SBI
Volume is an important indicator in gauging the strength of a move, wheather upward or downward. If an up or down side price movement is accompanied by high volume, the move can be termed as strong.

If a 

stock is an uptrend but the up trading days are marked by lower volumes , it is assign that the trend is starting to lose steam as the bulls are exhausted and such a trend may end soon.

When a market or stock is rising , but the volume is falling, it indicates that the price is no longer driven by demand. Decreasing volume coupled with rising prices is generally a warning signal and one should be careful at this point may lead to an imminent correction.

NIFTY FUTURE TRADING STRATEGIES FOR 26/09/12

LAST CLOSE @ 5683

AS EXPECTED NIFTY  CONSOLIDATED IN RANGE BETWEEN 

5650 AND 5710

MAIN RESISTANCE ZONE @ 5735 --------- 5760

MAIN SUPPORT ZONE @ 5635------- 5630

IN INTRADAY

TRADING BELOW 5685

SUPPORT @ 5675 - ------5670 ------- 5660

MINOR HURDLE @ 5652

THEREAFTER  5635- --------5630 WILL ACT AS SUPPORT

HURDLES @  5710- 5730 - 5735

NIFTY FUTURE TRADING STRATEGIES FOR 25/09/12

LAST CLOSE @ 5682

STIFF RESISTANCE AROUND 5735------- 5760 LEVELS

STRONG SUPPORT AROUND 5635--------- 5630 LEVELS

EXPECT CONSOLIDATION OR TRADING RANGE  IN BETWEEN 5630- 5735 LEVELS IN FEW DAYS BEFORE ANY UP OR DOWN SIDE BREAKOUT...

EXPECT HIGH VOLATALITY AHEAD OF EXPIRY IN COMING THREE DAYS

RESISTANCE @ 5735 AND 5750 AND SUPPORT @ 5670 AND 5655

MADE HIGH @ 5729 AND MADE LOW 5675

IF BULLS CAN TRADE AND SUSTAIN ABOVE 5685

THEN BULLS INTRADAY TARGET 

 5700 ----- 5730 ---------5735 LEVELS

THEREAFTER 5750 ------------ 5760 WILL ACT AS RESISTANCE

INTRADAY SUPPORT @ 5670------ 5655 ---------- 5635 LEVELS

TRADING BELOW 5670.....SEE NON STOP SLIDE UPTO 5635 - 5630 LEVELS NOT RULED OUT

Subject To Disclaimer

NIFTY FUTURE - ICICI - RELINFRA TRADING STRATEGIES FOR 24/09/12

LAST CLOSE @ 5707

IF BULLS CAN SUSTAIN ABOVE 5710

WILL TAKE TO 5735- 5750- 5760

EXPECT SOME PROFIT BOOKING AROUND @ 5750- 5760 LEVELS

ABOVE 5760

HURDLES @ 5780 - 5790 

SUPPOSE BREAKS AND SUSTAIN BELOW 5700 WITH VOLUME FOR 10- 20 MINUTES

PROBLEM FOR BULLS

SEE FREE FALLLLLLLL

UPTO

5670- 5658- 5652 NOT RULED OUT

THEREAFTER 5635 AND 5630 WILL ACT  AS SUPPORT 

FOLLOW BUY ON DIPS STRATEGY

LAST CLOSE @ 1066

INTRA RESISTANCE @ 1070- 1086

SUPPORT @ 1055- 1041 - 1030

LAST CLOSE @ 544

RESISTANCE @ 551 AND 560

SUPPORT @ 535- 528 LEVELS

NIFTY FUTURE - ICICI- SBI - RELINFRA - RELCAP ANALYSIS FOR 21/09/12

AS EXPECTED VERY CHOPPY AND VOLATILE MARKET

NOW TRADERS ARE MEETING TO DETERMINE HOW TO HANDLE IT...???

BEST STRATEGIES ARE OPTIONS AND DAY TRADING

LAST CLOSE @ 5571

TRADING BELOW 5565

WILL TAKE TO

5550---------------------5530 

SUPPOSE CLOSING BELOW 5530

OR 

ONCE BREAK BELOW 5530 AND SUSTAIN 

CAN SEE REAL PANIC AND  REAL FACE OF BEARS

UPTO     ?????

STIFF RESISTANCE AROUND 5597- 5602 LEVELS

ONCE BREAK 5602 AND SUSTAIN FOR 15- 20 MINUTES WITH VOLUME 

SEE RALLY UPTO 5630- 5635 LEVELS

AS EXPECTED IN FREE FALL MODE

TRADING AND STAYING BELOW 496

FREE FALLLLLLLL

UPTO 490----- 483 -------- 478

CLOSING BELOW 490

ULTIMATE TARGET FOR BEARS IN COMING DAYS

 470---------- 463 (?????????)

BULLS NEED TO CLOSE ABOVE 507

FOR ANOTHER UPMOVE

HURDLES FOR BULLS

@

505---------511

BELOW 363

WILL FAVOUR BEARS ONLY

TARGET FOR BEARS

356-------351

SUPPOSE CLOSING BELOW 356

THEN ULTIMATE TARGET ??????

BELOW 1018

SEE PANICCCCCCCCC

UPTO

1010-------1003

CAN WE EXPECT 990- 980 IN COMING DAYS ?????

RESISTANCE @ 1030- 1040

WAITING FOR FREE FALL...........????????????

BELOW 2125

TARGET INTACT IN INTRA

2100-------------2088-------------2080

HURDLES

@

2138---------------2156

Subject To Disclaimer

NIFTY FUTURE TRADING STRATEGIES FOR 20/09/12

EXPECT HIGH VOLATALITY - DIRECTIONLESS - CHOPPY MARKET - CONFUSING TO TRADERS-TERRIBLE AHEAD ?????

TRADING IS NOT EASY IN CHOPPY AND VOLATALITY MARKET...SO DEVELOP  THEIR OWN RULES......DONT TRADE BLINDLY...

There is only one side of the market and it is not the bull side or the bear side, but the right side. Jesse Livermore 

CASH IS KING...FIRST PRIORITY GIVES TO CAPITAL PROTECTION

LAST CLOSE @ 5612

SUPPORT @ 5593

TRADING BELOW 5610....IT WILL FAVOUR BEARS ONLY

SUPPORT @5593

ONCE BREAK 5593

UNEXPECTED SELLLLLLLLL OFF

DOORS ARE OPENED FOR 

5565- 5545 -5540

LAST HOPE FOR BULLS @ 5530

SUPPOSE CLOSING BELOW 5530

SEE BLOOOOD BATH

ULTIMATE TARGET ?????

HURDLES FOR BULLS

5635-  5670- 5690

RELIANCE - SBI - ICICI- -AXIS - RELINFRA TRADING STRATEGIES FOR 20/09/12

LAST CLOSE @ 855.60

BEARISH HARAMI PATTERN FORMED...INDICATES BEARS IN CONTROL

TRADING BELOW 855

TARGET FOR BEARS 845 - 825 AND 812

RESISTANCE @ 873 AND 880

LAST CLOSE @ 1049

BEARISH HARAMI CROSS PATTERN FORMED....INDICATES BEARS IN POWER

The Bearish Harami Cross Pattern is a major reversal pattern and is more significant than a regular Bearish Harami Pattern.

BELOW 1050

SEE NONSTOP SLIDE UPTO

1041- 1030

SUPPOSE CLOSING BELOW 1030

CAN SEE REAL POWER OF BEARS 

ULTIMATE TARGET 985

HURDLE FOR BULLS 

@

1055 AND 1070

LAST CLOSE @ 2150

RESISTANCE @ 2157 AND 2170

EXPECT SHARP FALL BELOW 2150

PAAAAANIC UPTO

2125- 2095 - 2085

SUPPOSE CLOSING BELOW 2085

ULTIMATE TARGET FOR BEARS

????????

LAST CLOSE @ 512

TRADING BELOW 512...INDICATES PANIC

EXPECT SHARP FALLLLLL

UPTO

505 - 495

RESISTANCE @

520 AND 526

LAST CLOSE @ 1073

BELOW 1075

SEE BLOOD BATHHHHHH

 UPTO

1060- 1045 - 1035

RESISTANCE @ 1085 - 1090- 1095