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Friday, April 29, 2011

Overnight View on Nifty (29-04-2011)

  2:53 PM    

Nifty Daily Chart: Will 5690 hold? Selling in Nifty intensifies during the afternoon session today. Will 5690 hold is a key factor to be looked on. If it holds then we are about to witness another round of upside next week. Well we are looking for the close of this week...

  No Comments

Midday Outlook for Nifty (29-04-2011)

  11:57 AM    

Nifty Intraday Chart: Nifty moving well along the down channel. We still remain neutral on Nifty and we might see a bounce in Nifty late this afternoon session. As long as Nifty moves in between 5690 and below the negative sloping trend line, Nifty is...

  No Comments

Nifty Outlook for 29-04-2011

  8:50 AM    

Nifty Daily Chart: Prices have pushed Nifty to no man's land. All we need to wait and watch is whether prices will push above the negative sloping trend line or will push down accompanied by piercing through the lower band of Bollinger Band. Till we see some actions we...

  No Comments

Thursday, April 28, 2011

Overight View on Nifty (28-04-2011)

  3:02 PM    

Nifty Intraday Chart: Nifty still moving on within the trend channel. This is first sign of bearishness. We will turn neutral in Nifty trend if Nifty closes below 5830; which is likely to happen. We are on the verge of a big fall if we fail to see a last lap surge in Nifty....

  No Comments

Midday Outlook Nifty (28-04-2011)

  12:01 PM    

Nifty Intraday Chart: We can see a down channel in effect on the intraday chart. Today being FNO expiry, we might see moves up and down in late afternoon session. Nifty also holding on to the negative sloping trend line. A close below 5830 would make us to change the trend...

  No Comments

Nifty Outlook for 28-04-2011

  8:58 AM    

Nifty Daily Chart: Nifty struck in between negative sloping trend line and mid band of Bollinger Band. We should see prices moving very soon and most probably on the upside. RSI and MACD has room for furtherning the up mov...

  No Comments

Wednesday, April 27, 2011

Overnight View on Nifty (27-04-2011)

  2:53 PM    

Nifty Intraday Chart: Nifty moving up as expected. We can see this up trend continuing for rest of the session today. We might see a close below the negative sloping trend line for 9th time today. I still feel Nifty will move up in coming days sessio...

  No Comments

Nifty Outlook for 27-04-2011

  9:00 AM    

Nifty Daily Chart: Negative sloping trend line holds on good for the 8th time yesterday. Seems to me like nifty is struck between mid band of BB and negative trend line. BB is pinching giving us a clue that we are about to see a major move very soon. We need to get a good...

  No Comments

Tuesday, April 26, 2011

Overnight View on Nifty (26-04-2011)

  3:00 PM    

Nifty Intraday Chart: Nifty moved up as we expected. Now Nifty is in highly overbought zone on intraday cards, need a pausing and will resume its journey upwards tomorrow. Today's close would be critica...

  No Comments

Midday Outlook for Nifty (26-04-2011)

  11:50 AM    

Nifty Intraday Chart: Nifty might move towards 5760 and a bounce from that level. The selling pressure could be as nifty fails to moves above the negative sloping trend line. We need to wait and watch will this negative sloping trend line will hold on for days to come....

  No Comments

Nifty Outlook for 26-04-2011

  8:44 AM    

Nifty Daily Chart: Nifty moved in a tight range yesterday, only significance was it filled the gap at 5857 that was formed last week. Nifty still holding beneath the negative sloping trend line. I still feel we might get a move up before we turn terrible bearish. Last day,...

  No Comments

Monday, April 25, 2011

Midday Outlook for NIfty

  12:53 PM    

There is a system problem at our office. Nifty moving sideways from morning session, no clear direction formed till this noon. Will update you at Overnight Outlo...

  No Comments

Nifty Outlook for 25-04-2011

  9:02 AM    

Nifty Daily Chart: Nifty need to move above the negative sloping trend line today. Today's session could be detrimental for the nifty action this week. Kindly also read the weekly outloo...

  No Comments

Sunday, April 24, 2011

Weekly Outlook for Nifty

  9:32 AM    

Nifty Daily Chart: It could be an interesting week ahead for Nifty, as we move on to a cluster of previous resistance zone. Prices at these levels have failed to cross over and has made a major move downwards. Prior Resistance are at 5944, 6069, 6181, 6284 and 6338 and...

  No Comments

Thursday, April 21, 2011

Overnight View for Nifty (21-04-2011)

  3:05 PM    

Nifty Daily Chart: Nifty finding it hard to sustain above the negative trendline, however i feel it will mange to cross over by morning session on Monday. Positional traders can hold long on nifty with SL at 580...

  No Comments

Midday Outlook for Nifty (21-04-2011)

  12:05 PM    

Nifty Intraday Chart: A little move downwards on the intraday from now on, thereafter we will move forward upward. Nifty need to close above the downward sloping negative line, if our assumption on nifty holds tr...

  No Comments

Nifty Outlook for 21-04-2011

  9:04 AM    

Nifty Daily Chart: Nifty still under the downward sloping negative trendline. I think Nifty will mange to break out the trendline and move towards the first resistance at 618...

  No Comments

Wednesday, April 20, 2011

Midday Outlook on Nifty (20-04-2011)

  11:58 AM    

Nifty Intraday Chart: Nifty holding on strong from the morning session gap up. It seems to me a little push down, trying to fill today's gap and we would be ready for the take off to new leg up. We will keep our subscribers on the strategy through sms. I feel today's close...

  No Comments

Nifty Outlook for 20-04-2011

  9:03 AM    

Nifty Daily Chart: Will Nifty hold on to 5650, our lower base of our target zone? Well we are on the verge on starting a new leg up, i believe. RSI has started to move sideways and on the MACD parameters we are still in negative zone. The morning session in Nifty will...

  No Comments

Tuesday, April 19, 2011

Overnight View on Nifty(19-04-2011)

  3:20 PM    

Nifty Intraday Chart: I have pulled up a two hour chart for you here, which shows the downside is almost over. I believe a leg down in tomorrows morning session and we would be ready for a next move upward...

  No Comments

Midday Outlook for Nifty (19-04-2011)

  12:30 PM    

Nifty Daily Chart: A little more and we would be done. We are moving towards the lower part of the target that we have set last Sunday. We are not holding any position nor on intraday basis. I am sorry for the delay and non regular updates. It would be in line from tomorrow....

  No Comments

Thursday, April 14, 2011

Nifty Outlook for 19-04-2011

  11:51 PM    

Nifty Daily Chart: A just little push downward and we could be done with the downside and ready to move upward. I have just reached from my vacation, will update you in the midday outlook about the possibilitie...

  No Comments

Wednesday, April 13, 2011

Overnight View in Nifty (13-04-2011)

  3:03 PM    

Nifty Intraday Chart: Nifty marching higher and higher, seems to me as our pattern for downside is complete. One can build long in Nifty as we expect nifty to go higher from friday. I will update on positional stratergy at 3.20 and friday view this nigh...

  No Comments

Midday Outlook for Nifty (13-04-2011)

  11:57 AM    

Nifty Intraday Chart: Nifty touched our target zone in the morning session and moved upwards. We need to see whether the correction is over and we will understand by today's close which makes today's close important. At the moment nifty is poised for moving lower in the...

  No Comments

Nifty Outlook for 13-04-2011

  8:36 AM    

Nifty Daily Chart: I expect at the opening of today's session, we would enter into the target zone we have set for the week. RSI and MACD would also complete the pattern that we were discussing on weekly outlook earlier this Sunday. In today's chart I have added Keltner...

  No Comments

Monday, April 11, 2011

Overnight View on Nifty (11-04-2011)

  3:00 PM    

Nifty Intraday Chart: I was wrong! I expected a bounce from 5790 this afternoon session, however nifty started to move sideways for the rest of the day. Hold nifty short for the day. We received calls asking for intraday tips for the day, however, would like to inform...

  No Comments

Midday Outlook on Nifty (11-04-2011)

  11:59 AM    

Nifty Intraday Chart: It has been a movement less morning session. Opened up in a gap down, filled the gap, moved lower and started moving sideways. We expect a bounce on intraday chart in afternoon session from around 5790. However, I am not trading anything and just holding...

  No Comments

Nifty Outlook for 11-04-2011

  8:56 AM    

Nifty Daily Chart: Just to add on to the previous day's weekly outlook. I have added Bollinger Band study in the below chart, we can see that prices are off from the upper band and moving towards the mid line, we expect the same to be met in our target zone of 5750~5650....

  No Comments

Sunday, April 10, 2011

Nifty Outlook for the Week

  11:17 AM    

Nifty Daily Chart: Nifty showed some signs of sluggishness on Friday. I have drawn what might look like in nifty in the days to come. I feel Nifty will move a little down or sideways to burn off the over bought situation felt in RSI and resume back the rally. Ideal price...

  No Comments

Friday, April 8, 2011

Overnight View on Nifty (08-04-2011)

  3:00 PM    

Nifty Daily Chart: As we expected, Nifty is still under pressure. We can see further fall if Nifty manages to close below 5890 and we expect the same. RSI has turned negative and holding on to it's negative ground today. Positional Traders can build short in Nifty with...

  No Comments

Midday Outlook on Nifty (08-04-2011)

  12:00 PM    

Nifty Intraday Chart: Nifty was under pressure during the morning session and would be in the late afternoon session. I feel it might move towrds 5885-90 before it turns down again for the remaining day. Just for your information: Did you notice a flash trade in early...

  No Comments

Nifty Outlook for 08-04-2011

  9:04 AM    

Nifty Daily Chart: It was a sluggish day yesterday. Nifty still holding on to the downward trendline, however fails to move faster on the downside. The best strategy would be to wait and watch. RSI and MACD are giving us mixed signals at the moment. Hope we get clear...

  No Comments

Thursday, April 7, 2011

Overnight View on Nifty (07-04-2011)

  3:07 PM    

Nifty Intraday Chart: Nifty moved as we expected late afternoon session. Nifty still in no man's land for the next big move. Kindly do not hold any position in nifty for the day and remain neutral. There is every possibility for a reversal in trend tomorrow...

  No Comments

Midday Outlook for Nifty (07-04-2011)

  12:02 PM    

Nifty Intraday Chart: It's been a tight day, movements restricted to 25 points in nifty during the morning session. I feel on the intraday movements, markets would try to move towards 5900 and will fall back to form new lo...

  No Comments

Nifty Outlook for 07-04-2011

  8:56 AM    

Nifty Daily Chart: As discussed yesterday in the overnight view, we need to watch out for today's action in nifty. Will Nifty hold on to the downward sloping trendline? RSI rolled over from the overbought zone yesterday while we need to see the sluggishness in MACD yet....

  No Comments

Wednesday, April 6, 2011

Overnight View on Nifty (06-04-2011)

  3:20 PM    

Nifty Daily Chart: Is this topping? Nifty on the daily chart seems to hit a sloping downward trendline (marked in white line) and RSI too turned down from the overbought zone in today's session. There are also a possibilty for nifty to march towards 6180 (marked in blue)...

  No Comments

Midday Outlook on Nifty (06-04-2011)

  12:03 PM    

Nifty Intraday Chart: Some more upside expected on the intraday chart. We have build long on nifty for our intraday basis. The evening update would be at 3.15 today as the days session could be critica...

  No Comments

Nifty Outlook for 06-04-2011

  9:01 AM    

Nifty Daily Chart: Nifty still looking strong. We can see some correction if 5875 is broken downside. RSI and MACD are still in strong zone. We are expecting to see some negative divergence in a day or two take forward with the positio...

  No Comments

Tuesday, April 5, 2011

Overnight View on Nifty (05-04-2011)

  3:01 PM    

Nifty Intraday Chart: As expected Nifty moved from the low of 5855 this mid session and we got a solid 30 points gain in nifty. Nifty still looking strong and positional traders can hold long with the said S...

  No Comments

Midday Outlook for Nifty (05-04-2011)

  12:03 PM    

Nifty Intraday Chart: Nifty moved lower in the morning session and i believe it would bounce back from the support level of 5860. Still nifty is in positive trend, hence kindly do not build short position until we see some negative divergence is in plac...

  No Comments

Nifty Outlook for 05-04-2011

  9:01 AM    

Nifty Daily Chart: Nifty looking queit strong on the daily chart. RSI has entered the overbought zone, however we still feel it has the potential to take nifty further upward. MACD too looking strong at the movement. However, we do not recomend to build fresh long at this...

  No Comments

Monday, April 4, 2011

Overnight View on Nifty (04-04-2011)

  3:00 PM    

Nifty Daily Chart: Wow a great start for the week. Nifty broke the resistance at 5875 and moving solidly ahead. RSI has room for further en the move ahead. Nifty might be marching ahead to the next resistance at 6180, meanwhile we can see some negative divergence in RSI-price...

  No Comments

Midday Outlook on Nifty (04-04-2011)

  12:00 PM    

Nifty Intraday Chart: Seems to be another day of sideways movement. The interesting fact on the intraday chart is that the RSI is griding lower, however the prices stalls within a fixed range. This could lead to the continuation of further upside movement in Nifty....

  No Comments

Nifty Outlook for 04-04-2011

  8:56 AM    

Nifty Daily Chart: Nifty showed first signs of weakness on friday after a week of upside movement. Nifty need to move lower and faster from here on, if this is the new start of a leg down. RSI supports this view however we do not see sluggishness in MACD. Well we would...

  No Comments

Friday, April 1, 2011

Overnight View for Nifty (01-04-2011)

  2:59 PM    

Nifty Daily Chart: A boring day to start off the new financial year. Nothing much commentable, as nifty moves sideways throughout the session. Only interesting fact is that RSI has turned down now, however need a big move down in nifty to substantiate it....

  No Comments

Midday Outlook for Nifty (01-04-2011)

  11:55 AM    

Nifty Intraday Chart: Nifty trading below the positive trendline for the first time after a week of positive moves. Nifty need to close below the positive trendline today and this will lead to formation of a negative trendline on intraday char...

  No Comments

Nifty Outlook for 01-04-2011

  9:08 AM    

Nifty Daily Chart: Nifty resisted at 5875 levels yesterday, and as we expected there were wild swings due to FNO expiry. Looking at the chart, I feel that nifty will start moving down in a day or two and will try to fill the gaps formed during last week; before it...

  No Comments

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