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

NIFTY FUTURE TRADING STRATEGY FOR 18/09/12

STIFF RESISTANCE @ 5670

(HIT HIGH 5670 AND VERTICALLY CRASHED TO 5593)

YESTERDAY NIFTY IN LARGE INTRADAY SWINGS....BOTH UP AND DOWN

EXPECT  CONSOLIDATION OR TRADING RANGE  IN BETWEEN 5570 AND 5700 IN FEW DAYS

TODAY 

 RESISTANCE @ 5635 AND 5670

ONCE BREAK AND SUSTAIN ABOVE 5670

BULLS TRY TO HIT 5700

INTRADAY MAIN SUPPORT @ 5598- 5590

TRADE BELOW 5590 WITH VOLUME FOR 10- 15 MINUTES

SEE NON STOP SLIDE UPTO 5565- 5545

TRADERS SHOULD BECOME ALERT ON A BUYING OPPORTUNITY AFTER THE EXPECTED DIP

FOLLOW BUY ON DIPS STRATEGY

IF NIFTY FUTURE  CLOSING BELOW 5530...THEN AVOID ANY FURTHER BUYING.

TRADE WITH LEVELS ONLY.

Subject To Disclaimer

NIFTY FUTURE - SBI -AXIS - RELCAP AND RELINFRA TRADING STRATEGIES FOR 17/09/12

LAST CLOSE @ 5585

BULLS IN ACTION FROM 5237 TO 5598

(GAINED 360 POINTS IN JUST 7 SESSIONS)

 TRADERS SHOULD MAINTAIN A BULLISH BIAS

 WATCH CURRENT POLITICAL SITUATIONS 

&

RBI BANKING POLICY ON 17/09/12 CAREFULLY

DON'T JUMP AND BUY @ HIGHER LEVELS

STEP ASIDE AND BUY ON DIPS STRATEGY

IN INTRADAY KEEP AN EYE

 @

5635  - 5640 LEVELS CAREFULLY

 TODAY 

TRADING AND STAYING ABOVE 5598

BULLS MAY TAKE TO

5635- 5670 LEVELS

THEREAFTER 5690 - 5700 WILL ACT AS HURDLES FOR BULLS

BELOW 5585

TARGET FOR BEARS

5565 - 5540 LEVELS...

ONCE BREAK BELOW 5540 WITH VOLUME AND TRADE 15- 20 MINUTES

SEE PANIC UPTO 5515- 5508 LEVELS NOT RULED OUT

LAST CLOSE @ 1972

NEXT HURDLES FOR BULLS 

@

1990- 2000

.........TRADE AND SUSTAIN ABOVE 2000.......

MAY TAKE TO 2025- 2030 LEVELS 

MAIN SUPPORT @ 1905- 1910 LEVELS

INTRADAY PLAYERS KEEP AN EYE

@

1930- 1935 LEVELS

LAST CLOSE @ 352

TECHNICALLY STRONG !!!!

SUPPORT @ 345- 340 LEVELS

........IF BULLS CAN SUSTAIN ABOVE 345 LEVELS.....

EXPECT BULLS MAY TAKE TO 

365- 375 LEVELS IN COMING DAYS

NEXT RESISTANCE AREA @ 365- 368 LEVELS

LAST CLOSE @ 471

HURDLES FOR BULLS 

@

472 AND 478 LEVELS

CROSSOVER AND STAYING ABOVE  472

SEE FIRE UPTO 478 - 483 LEVELS IN INTRDAY ITSELF

THREE CONSECUTIVE  DAYS CLOSING ABOVE 363 LEVELS

ULTIMATE TARGET FOR BULLS IN COMING DAYS

495 - 497

SUPPORT @ 460- 462 LEVELS

LAST CLOSE @ 1010

ABOVE 1005

WATCH RALLY UPTO

1025- 1035 LEVELS

THEREAFTER  1045 WILL ACT AS RESISTANCE 

SUPPORT @ 1000 - 988- 984 LEVELS

Subject To Disclaimer