Saturday, May 30, 2015

Weekly Review - 01.06.2015

Dear All,

>>> Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<
Above weekly chart shows a mixed trend. A red colored Hanging man and Side way move on RSI after Break out happened last week. 15 and 25 WMA may act as a hurdle for the bulls. Though a gap up opening expected on Monday due to better than expected GDP data and govt. efforts to push the land ordinance for the third time. One should maintain a cautious approach until 8530 or 8520 surpass.

So far the corporate results are not encouraging. RBI decision on tuesday should be watched carefully. Apart from Interest rate decision, RBI's Outlook on the economy is much more important.

Slow down on china - FED decision to Hike Interest rate - Greek Worries - Gulf Turmoil etc., along with Global Currency War going to impact our economy heavily.

MODI 365 - So far Yielded no result to common man or corporate world.

So altogether - it looks like - the entire tunnel is full of darkness and no light seen yet. Lets see what the other charts also suggest.

>>> Nifty Daily Chart - As Posted Last Weekly Review <<<

>>> Click the chart to see on full screen <<<
Last week - We wrote on Daily chart - That we have booked our Longs on Nifty with 320 to 340 Point Profit. See what happened this week.

>>> Nifty Daily Chart - Happened <<<

>>> Click the chart to see on full screen <<<
Yes - We have entered Long again from 8320-40 Level, Now with a Profit of 100 Points. Price if able to cross 50 dma - may test 100 dma as shown on chart.

>>> Nifty Hourly Chart - As Posted on Last Weekly Review <<<

>>> Click the chart to see on full screen <<<
Last week - Mentioned clearly - After a break out from IHS nifty crossed 8420 and said Nifty may see some consolidation. See what happened !!!

>>> Nifty Hourly Chart - Happened <<<

>>> Click the chart to see on full screen <<<
As Said Nifty corrected till 8270 from 8450 and tested the IHS Neck line. Price took support @ 8270 and started moving up again. After crossing 8420 resistance, it seems price may reach next resistance 8520 also.

>>> Nifty Hourly Chart - Posted on Last Friday <<<

>>> Click the chart to see on full screen <<<
Have mentioned as a Break out above 8330-35. See what happened

>>> Nifty Hourly - Happened <<<

>>> Click the chart to see on full screen <<<
As expected Break Out Happened above 8330-35 and Market rallied on friday. More rally soon to touch the channel top as shown on chart.

>>> Bank Nifty Daily - Posted Last Weekly Review <<<

>>> Click the chart to see on full screen <<<
Last week on Bank Nifty we Booked almost a 900 to 1000 Points Profit. Also mentioned that there can be a consolidation too. See what happened.

>>> Bank Nifty Daily - Happened <<<

>>> Click the chart to see on full screen <<<
As expected Bank Nifty made a dip till 18225 from 18433. We have entered long at 18360 and holding for next week. News like better than expected GDP and forthcoming RBI Rate Cut may trigger more rally next week. We expect nifty to hit above 19000.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
Above 18755 Rally to continue till 19077.

>>> STOCK Performance <<<

>>> ACC <<<

>>> Click the chart to see on full screen <<<
We Booked a Profit of Rs.5000/-.

>>> LT <<<

>>> Click the chart to see on full screen <<<
We Booked a Profit of Rs.5000/-

>>> ORIENTBANK <<<

>>> Click the chart to see on full screen <<<
Profit so Far Rs.10,000. More rally coming soon.

>>> DLF - Send on Whatsup - on Friday <<<

>>> Click the chart to see on full screen <<<
Above chart was send to all whatsup clients - Holding the Long still and expect a Good Rally next week.

>>> Performance for the month end of May, 2015 <<<

>>> Click the image to see on full screen <<<
For details of our service - Send email to niftyforall@yahoo.com or chat with us on whatsup @ 9677924975

Thursday, May 28, 2015

Support @ 8272. Break Out above 8330-35

Dear All,

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

8272, 100 Hour Moving Average and the channel support still holding. Break out above 8330-35 may give strength to Bulls. Week end trade tomorrow. Interesting day ahead. Cheers!!!

Wednesday, May 27, 2015

Support @ 8272. Resistance @ 8372 & 8431

Dear All,

>>> Nifty Hourly Chart <<<

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

As expected Nifty holding 8272. Now expect a pull back rally if the channel or 8272 holds, as shown on chart. Key Resistance 8372 and 8431.

>>> Bank Nifty Hourly Chart <<<

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

We are long in Bank Nifty from 18360, with 200 Points Profit. Expect more rally above 18645 level. Cheers!!!

Tuesday, May 26, 2015

Next Support @ 8313 & 8272

Dear All,

>>> Nifty Hourly Chart <<<

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

Today Support Taken at 8320. Break below 8320 may test 8313 and 8272. Expiry to decide.

>>> Bank Nifty Hourly Chart <<<

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

Bank Nifty took support @ 18280. Break below may test 18168 also.

>>> LT - Posted on 25th May, 2015 <<<

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

We have recommended a short to our Clients on LT @ 1650 on 25th May, 2015. See what happened.

>>> LT - Happened <<<

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

Yes We have covered our Short near 1610 with a Profit of Rs.5000/-

>>> ACC - As Posted on 25th May, 2015 <<<

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

Shorted @ 1520. See what happened.

>>> ACC - Happened <<<

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

Covered @ 1480 with a Profit of Rs.5000/-. Cheers!!!

Monday, May 25, 2015

Next Support @ 8355 & 8313.

Dear All,

>>> Nifty 5 Min Chart - Posted on Weekly Review <<<

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

Wrote on weekly review - Nifty may test the three support as given on chart. See what happened today.

>>> Nifty Hourly Chart <<<

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

As expected Nifty broken the first Support @ 8406. Almost near 2nd Support 8355. Tomorrow if 50 Hour Moving Average OR 8355 Holds, the there can be a bounce again before a fall. Expecting nifty to test the third support before expiry.

>>> ACC <<<

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

Wedge is broken and more fall likely.

>>> LT <<<

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

As shown on chart - If the channel Support unable to hold for tomorrow also, Expect more correction. Cheers!!!

Saturday, May 23, 2015

Weekly Review - 25.05.2015


Dear All,

>>> We are on WhatsUp <<<


Please send as per format given with Name on Whatsup Only. Avoid sending sms.

>>> Nifty - Weekly Chart - Posted Last Weekly Review <<<

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

Wrote last week - Price closed above 50 Week Moving Average and Doji on Weekly Chart was a Positive Sign. See what happened.

>>> Nifty Weekly Chart - Happened <<<

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

Above Weekly chart shows how the Price moved up as expected.

>>> Nifty Daily Chart - Posted Last Weekly Review <<<

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

Wrote Last Week - 8320 and Pitchform need to cross for a Healthy Upmove. See what happened.

>>> Nifty Daily Chart - Happened <<<

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

Clear Break out from Pitchfork and 8320. Price Rallied till 8490. We had a 320 - 340 Points Profit as we made some profit booking near 8440.

So far we have seen the Performance on Nifty - Lets See whats next on Hourly and 5 Mins chart.

>>> Nifty Hourly Chart <<<

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

After breaking from the IHS, Nifty rallied as expected. Now 8520 acts as a Resistance. Moving Average Cross over Looks Bullish. Next Week is an Expiry Week.

Price if able to cross above the golden ration 61.8% or 8520, No doubt Big rally and short covering may come in.

Interesting week with lots of UP and DOWN possible. See more on 5 mins chart.

>>> Nifty 5 Mins Chart <<<

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

Support 8406, 8356 and 8313. Key Resistance 8490 & 8520.

>>> Bank Nifty - Weekly Chart - As Posted Last Week <<<

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

Wrote last week - Bank Nifty Weekly - RSI Break out and a Positive Sign for a good Upmove. See what happened.

>>> Bank Nifty - Weekly Chart - Happened <<<

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

As expected - Bank Nifty made a good rally. But the candle formation - Looks like a Shooting star and Should be watched with caution.

>>> Bank Nifty Daily - As Posted Last Week <<<

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

Last week it was a Break above 18110 and looking for Next Resistance 18645. See what happened.

>>> Bank Nifty Daily - Happened <<<

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

Price hit 18645 as expected. Rally Only above 18645 possible.

>>> Bank Nifty - Hourly <<<

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

Clear break out on RSI. If 50 HMA breaks on Monday, Price may test the channel support as shown on chart.

>>> STOCKS <<<

>>> ASIANPAINTS - As Posted on 16th May, 2015 <<<

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

Wrote on 16th May, 2015 to Sell AsianPaints. See what Happened.

>>> ASIANPAINTS - Happened <<<

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

We booked on first Target 750. Still its a sell on rise. More fall likely, unless it cross the resistance given on chart.

>>> ITC - Posted on 18th may, 2015 <<<

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

We have exited ITC on 22nd May, 2015 with Profit. Results were declared on friday evening, hope its not upto market expectations. Monday its going to a after results movement.

>>> STAR - Posted on 20th May, 2015 <<<

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

Advised caution on STAR - Our Short call fetched 10K. But the stock reversed on the next day - after news - that STAR acquired an Australian company.

>>> STAR - Happened <<<

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

It was a bad day, Price reversed after the news came out. Hit Our Stop Loss also.

>>> Performance till 22nd May, 2015 <<<

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

Send email to niftyforall@yahoo.com for details our service. Go to Performance tab on the Blog for entire history on Performance. Nifty and Bank Nifty Performance not included in all our performance.

Thursday, May 21, 2015

Nifty may test 8340-45 - before next bounce.

Dear All,

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

Fall can be upto 8340-45, if unable to cross 8440-45.

>>> STAR - Posted Yesterday <<<

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

We wrote STAR as a Sell Candidate and We had a Profit of Rs.10,000/-

>>> STAR - Happened <<<

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

Sudden new of Fresh Buy Out from Australia made the stock to move in the opposite direction. We hit Sl @ 1178 with loss.

Wednesday, May 20, 2015

Resistance @ 8440-45. Support @ 8400.

Dear All,

>>> Nifty 5 Mins Chart <<<

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

Short term move on nifty looks cloudy. Seems like if price unable to cross above 8440-45 and if breaks below 8400, we may see some correction before a bounce towards 8520.

>>> STAR - As Posted Yesterday <<<

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

Wrote Yesterday, STAR facing a resistance @ 1120-22. See what happened.

>>> STAR - Happened <<<

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

Price made a low of 1086 from 1120. More fall likely. Lets wait and see. Cheers!!!