Choppy Trade Ends 2013 at 6304

Dear All,

Wish you All a Very Happy New Year - 2014

Happy to announce the New Year Special Scheme - 2014.

>>> NIFTY <<<

>>> Click the chart to see on full screen <<<

Volatile market made Nifty to trade below the resistance and outside the channel. Need to wait for more clarity.

>>> Bank of India <<<

>>> Click the chart to see on full screen <<<

Hit Stop Loss with a loss of Rs.8000/-

>>> Zeel <<<

>>> Click the chart to see on full screen <<<

Yes we are short in Zeel. If Support 275.70 breaks then free fall not ruled out. Lets See.... Cheers!!!

6321 Resisted again

Dear All,

Wish you all a Very Happy New Year 2014.

>>> NIFTY <<<

>>> Click the chart to see on full screen <<<

Unable to cross 6321 again and need to break 6263 for more weakness. Lets wait and see.

Weekly Review - 30.12.2013

Wish You all a Very Happy New Year 2014.

Yes - On New Year - We have New Scheme - Only Rs.30,000 for the entire Year of 2014 - means Just Rs.2500 pm. Enjoy.


>>> Nifty Weekly - As Updated on 14th Dec, 2013 <<<

>>> Click the chart to see on full screen <<<

Wrote 2 weeks before about the expanding triangle on weekly chart and importance of 6420. Since after 2 weeks Nifty still trading behind the mentioned level suggest the danger is still ON.

>>> Happened and Yet to <<<

>>> Click the chart to see on full screen <<<

All comments on Chart.

>>> NIFTY - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

6321 Key Resistance should be watched. If not crossed then Fall not ruled out.

>>> HIT CALLS OF THE WEEK<<<

>>> BHEL <<<

>>> Click the chart to see on full screen <<<

>>> ARVIND <<<

>>> Click the chart to see on full screen <<<

>>> ULTRATECH <<<

>>> Click the chart to see on full screen <<<

>>> CIPLA <<<

>>> Click the chart to see on full screen <<<

>>> PFC <<<

>>> Click the chart to see on full screen <<<

>>> MISSED CALL OF THE WEEK <<

>>> RCOM <<<

>>> Click the chart to see on full screen <<<

>>> CHART FOR NEXT WEEK <<<

>>> ARVIND <<<

>>> Click the chart to see on full screen <<<

We have short position in Arvind and booked part profit of 8000. Next week if breaks 133 then expect free fall to continue.

>>> PERFORMANCE <<<

>Click the image to see on full screen <<<

6263 Still Holding.

Dear All,

>>>> Click the chart to see on full screen <<<<

6263 still holding after expiry. Should wait for more clarity.

>>> RCOM <<<

>>>> Click the chart to see on full screen <<<<

Rcom Hit Stop Loss with a Loss of Rs.6000.

>>> PFC <<<

>>>> Click the chart to see on full screen <<<<

Almost PFC near first target 160 with a Profit of Rs.10,000. If breaks the channel as shown on chart then free fall.

>>> New Year Special Offer - 2014 <<<

>>> Click the below Link and check the new year Special Offer. <<< New Year Special Offer

Support 6263 to decide on Expiry.

Dear All

>>> Click the chart to see on full screen <<<

Interim support 6263 and 6238 and 6220 should decide Expiry. Resistance 6320. Lets See.

>>> ULTRACEMCO <<<

>>> Click the chart to see on full screen <<<

Ultra Tech - Yes we are long since 1750-1765 level hit today 1803 crucial resistance level. If crosses then expect all around buying and big upmove.

>>> CIPLA <<<

>>> Click the chart to see on full screen <<<

Cipla done second target also. Cheers!!!

>>> New Year Special Offer - 2014 <<<

>>> Click the below Link and check the new year Special Offer. <<<

New Year Special Offer

Support 6238 & 6220

Dear All,

>>> click the chart to see on full screen <<<

Nifty support 6238 and 6220. Resistance 6321 and 6368. Lets See.

>>>BHEL - Update <<<

>>> click the chart to see on full screen <<<

Bhel made a Big move and gave us a Big Profit.

>>> ARVIND - Update <<<

>>> click the chart to see on full screen <<<

Big move on Arvind Too. Great Profit.

>>> New Year Special Offer - 2014 <<<

>>> Click the below Link and check the new year Special Offer. <<< New Year Special Offer

Weekly Review 23.12.2013

Dear All,

>>> Nifty - Alternative - 1 - Bearish View - As given last weekly Review <<<

>>> Click the chart to see on full screen <<<

Above chart was updated last week as Bearish View on Nifty. As said this week nifty took support at 6126 or 78.6% retrace. Lets see what's next.

>>> Happened and Yet to <<<

>>> Click the chart to see on full screen <<<

The current upmove may be a corrective upmove for wave (ii) as a-b-c. So the resistance like 6285, 6322 and 6368 may act as a resistance for bulls. Unable to cross these levels may trigger a severe sell of for wave (iii) on the downside.

>>> Nifty - Alternative - 2 - Bullish View - As give last weekly review <<<

>>> Click the chart to see on full screen <<<

Above chart was updated last week as Bullish view on Nifty. Since nifty took support at 6127 no need arises for the support 6067.

>>> Nifty - As Updated on 18th Dec, 2013 <<<

>>> Click the chart to see on full screen <<<

Yes we are Long since the RBI day. Lets see whats next ...

>>> Happened and yet to <<<

>>> Click the chart to see on full screen <<<

Previous fall marked as Wave (ii) looks sticky and complicated and if that is right then upmove for (iii) rd wave should help the bulls next week.

>>> Bank Nifty - As Updated Last Weekly Review <<<

>>> Click the chart to see on full screen <<<

Wrote last week 200 dma is a support along with channel.

>>> Happened and Yet to <<<

>>> Click the chart to see on full screen <<<

Two alternatives discussed on same chart. Unlike last week update, this week included bullish count also. In case channel at 11040 and 200 dma holds then it should be understood that Wave C of B should start on the upper side.

Possible upper side targets as given on chart shall be 11726, 12143, 12480 and 12816. Interesting chart. Lets see.

>>> Chart Busters of the Week <<<

>>> ARVIND - As Updated on 16th Dec, 2013 <<<

>>> Click the chart to see on full screen <<<

>>> Happened on 17th dec, 2013 <<<

>>> Click the chart to see on full screen <<<

All Targets done on Arvind. Excellent Profit.

>>> BHEL <<<

>>> Click the chart to see on full screen <<<

We did an excellent Profit in BHEL also, More upmove also coming next week.

>>> CIPLA <<<

>>> Click the chart to see on full screen <<<

Cipla first target met and more upside left.

>>> MISSED CALLS <<<

>>> ZEEL <<<

>>> Click the chart to see on full screen <<<

ZEEL hit SL. Loss 10,000.

>>> ORIENTBANK <<<

>>> Click the chart to see on full screen <<<

Orient Bank Hit SL with a Loss of Rs.6000.

>>> PERFORMANCE <<<

>>> Click the chart to see on full screen <<<

For queries email to us on niftyforall@yahoo.com

No Direction - Cat on a Wall

Dear All,

> Click the chart to see on full screen <

>>> CIPLA <<<

> Click the chart to see on full screen <

We Booked small profit today, though more upmove left in cipla. Buy on every dips. Cheeers!!!

Rate Unchanged & 6240 Holds.

Dear All,


>>> NIFTY <<<

>>> Click the chart to see on full screen <<<

6240 on Hold and Rajan Unchanged Rates. Yes we are long in Nifty as per call pasted on nifty chart above. Lets See.

>>> BHEL <<<

>>> Click the chart to see on full screen <<<

Bhel moving good. We are long from 154.50. More up move on card. Lets See.

RBI to decide "What's Next ???"

Dear All,

With food prices showing no signs of abatement, the Reserve Bank is likely to hike its key policy rate by 0.25 per cent tomorrow, the third straight increase under Governor Raghuram Rajan as part of the war against inflation.

>>> Nifty <<<

>>> click the chart to see on full screen <<<

Nifty should hold 6140, if not then fall till 6067 or even till 5972 not ruled out. All depends on RBI's outcome on how to deal with inflation. Lets See.

>>> Arvind - As Updated Yesterday <<<

>>> click the chart to see on full screen <<<

>>> Happened and Yet to <<<

>>> click the chart to see on full screen <<<

>>> ORIENTBANK <<<

>>> click the chart to see on full screen <<<

Stop Loss hit on OBC with a Loss of Rs.6000. Break out failed and Exited.

>>> ZeeL <<<

>>> click the chart to see on full screen <<<

Zeel Hit SL after the Merger news.