NiftyforAll

Saturday, March 16, 2013

Weekly Review :- 18.03.2013

Dear All,

Gave Last Week for Daily Chart :-

Happened and Yet to :-

Wrote Last week about Head and Shoulder and advised 5971 as a Stiff Resistance. Nifty touched 5971 and fell down to 5792.5. Still the Possibility of Head and Shoulder is intact.

Gave on 14th March for Hourly Chart :-

Happened and Yet to :-

As Updated on 14th Mar, it seems like still a possibility of IHS on Hourly chart persist, provided it should break above 5971. On the contrary if break below the bottom of the channel line, the IHS gets negated and down move should continue for a free fall.

>> DLF << Following Chart Updated on our Face Book Page :-

As DLF trying to form a Head and Shoulder and advised for a fall..

>>Happened and Yet to<<

As Said DLF fell down to 271.55 from 285. Since the Price has broken below the lower channel, should fall more. One can short below 268 for a Target of 256.

>>> RELINFRA<<< Following Chart Updated on our Face Book Page :-

>> Happened and Yet to<<

Gave earlier the Reliance Infra Chart on Face Book Page. Price came down form the high of 434.75 to 417.5, touched the lower channel. So if breaks the lower channel next week, fall should continue.

Thursday, March 14, 2013

Bear Trap or Bull Trap ???

Dear All,

Nifty fell down nearly 50 Points on the early trade due to independent investigative journalist, Aniruddha Bahal of Cobrapost, about the widespread money laundering in India's top private sector lenders ICICI Bank Ltd, HDFC Bank Ltd and Axis Bank Ltd.Bahal, founder and editor-in-chief of Indian news and opinion website Cobrapost.com, said he had collected hundreds of hours of video recordings from "dozens and dozens" of bank branches across the country. He did not say when the recordings were compiled.

An article on the website posted on Thursday said an associate editor, using an alias and pretending to work for a fictitious politician who wanted to launder money, sought advice from bank officials on how to do it.

The article said branches across all the three banks suggested laundering methods that were "imaginative in their range and brazen in their approach."

Cobrapost alleged that these money laundering services are being openly offered to even walk-in customers who wish to launder their illicit money and a variety of options for laundering ill-gotten cash are being offered brazenly. The post said these these money laundering services are being offered practically as a standard product across the country. "This huge money-laundering racket being run by these banks has been captured by Cobrapost, on video-tape, running into hundreds of hours. The evidence is graphic, crystal-clear and clinching," the site said.

The investigation by Cobrapost finds the banks and their managements systematically and deliberately violating several provisions of the Income Tax Act, FEMA, RBI regulations, KYC norms, the Banking Act and Prevention of Money laundering Act (PMLA) with utter disregard to consequences, driven by their desire to boost cheap deposits and thereby increasing their profits.

Later WPI-based inflation rose to 6.84% in February 2013 after falling to a three-year low of 6.62% in January.With inflation in manufactured items showing signs of decline, the Finance Ministry today expressed the hope that RBI will reduce key interest rate in its monetary policy review next week.

Most analysts are expecting the RBI to do a trade off with growth with at least a 0.25% cut in the short-term lending rate in the March 19 policy meet.

So Market Recovered from the Deep loss from 5792 to 5920 nearly 128 Points Gain.

So whats the Technical Says....

Nifty formed a IHS like Pattern, Usually IHS formed on the top of the chart doen't work, but if breaks above the Resistance line on chart or 5971, then a 300 Points Rally not ruled out.

Lets see it on Interesting Friday...Cheers!!!

Wednesday, March 13, 2013

Bear on its Way !!!

Dear All,

As expected and wrote Yesterday, Nifty open Gap down and broken an important support at 5854. Next support 5818,5782 and 5730. Lets See!!!

Tuesday, March 12, 2013

Beware - Bears are Here !!!

Dear All,

> Gave Yesterday <

Told Yesterday 5971 as a Stiff Resistance.

Happened and Yet to :-

Hit a Low of 5893 and still on a Bearish Mood, Probably may Open a gap down, if happen so, then its a Island Reversal - which should be a Negative move to help Bears in days to come.

>> IDFC <<

IDFC - If can't Hold 50dma or 161, then the break out is a false and free fall not ruled out.

>> RCOM <<

Rcom - if can't Hold 64 then get ready for a good fall.

Cheers!!!

Monday, March 11, 2013

Caution Advised. Resis 5971

Dear All

5971 Resisted Nifty today. Bulls may move forward only if able trade above 5971, else 5850 shall be the rest for Bears.

Many queries about DLF. 288 act as a Stiff Resistance, 272, 277.50 and 268 Support. Below 268 Stock should fall freely. Above 288 Price should move towards 300 and 310. Lets see

Saturday, March 09, 2013

Weekly Review

Dear All

>>> NIFTY - WEEKLY <<<

Weekly chart Pattern and MACD in a sell Mode.

>>> NIFTY - DAILY <<<

Daily chart suggest a Head and Shoulder formation. Right shoulder top yet to decide the fall.

>>> NIFTY - HOURLY <<<

On going Upmove alomost retraced 61.8% and a cross above may see a maximum of 78.6% which is 6015 from where nifty must resume its fall.

>> STOCK - DLF <<<

DFL - Caution advised. Resistance 282-84. Support 268.

>>PERFORMANCE<<

Thursday, March 07, 2013

HS Vs IHS

Dear All,

Nifty as I wrote Yetserday Crossed the Key Resistance Channel 5830 and able to touch 5877.9. Now 5879 seems to be the Neck Line as shown on chart. Also a Possible IHS formation shows if breaks above 5879 shall given another 200 Points Rally on card.

Alernative Move :-

Please don't confuse with this alternative count,as EW gives lot of assumptions as per wave move. As per the current upmove, i have assumed that as 1-5 and may take as wave (a). So a possible downside for wave b only if nifty failed to cross 5879 tomorrow.

In such a case Nifty can retrace till 5795-5800 or 5700-5710 as shown on chart.

Interesting day tomorrow, Friday's can give miracles also. Lets see..

Wednesday, March 06, 2013

Nifty on Key Resistance

Dear All,

Gave Yesterday :-

As Said Yesterday there was a Break out...Nifty jumped today in green..So whats Next ??

Happened and Yet to:-

As wrote Yesterday Nifty crossed 2 Resistances like 5818 and touched 5830 Channel Resistance Line. Cross above 5830 may see 5854 and 5906. Support 5782 and 5738. Lets See.

>> IBREALEST << Follow Up

IBREAL given Yesterday as Break out candidate...

Happened Today

Target Achieved.

Sent on Mar 05, 2013 12:26:23 PM ****N4A-STOCK-ALERT**** Buy IBREAL above 59.50. SL below 58.50. Target 62.50 and 66.50 (all spot lvl) http://niftyforall.blogspot.in

Sent on Mar 06, 2013 10:27:14 AM ****N4A-STOCKS-UPDATE**** IBREALEST NEAR 2ND TARGET 66.50. CMP:65.8 BOOK PROFIT. 4000 x 6 = 24000 ONLY. ENJOY http://niftyforall.blogspot.in

>> DLF <<<

DLF On key Resistance... Lets See

Tuesday, March 05, 2013

Bulls are Back.

Dear All,

Wrote and Gave Yesterday as below :-

Wrote Yesterday 5730 as Resistance. Today Opened above 5730 and hit 5790. So lets See Whats Next..

Yet to Happen Next :-

Nifty seems like an Interim Break out on chart, If 5782 holds tomorrow then possible upmove till 5818 and 5814. Support 5738. Lets see.

>>> PHARMA STOCKS <<<

Above Image posted on 04th feb on my Face book Id
https://www.facebook.com/pages/Niftyforall/389891927770442

As given Yesterday - for a Break Out.

>> Happened Today <<

> Performance <

Sent on Mar 04, 2013 10:20:33 AM ****N4A-STOCK-ALERT**** Buy AUROPHARMA near 155. SL below 152. Target 162 and 167 (all spot lvl) http://niftyforall.blogspot.in

(3/5/2013 2:58:06 PM): ****N4A-STOCK-UPDATE**** AURO PHARMA NEAR 2ND TARGET .CMP:165. BUY GIVEN AT 155. PROFIT 2000X10=RS.20000/- HOPE ALL ENJOY http://niftyforall.blogspot.in

>>> CIPLA <<<

Sent on Mar 05, 2013 10:45:48 AM ****N4A-STOCK-ALERT**** Buy CIPLA above 373.50. SL below 363. Target 384 and 394. (all spot lvl) http://niftyforall.blogspot.in Buy Trigerred Now above 373.50

Sent on Mar 05, 2013 02:15:33 PM ****N4A-STOCK-ALERT**** CIPLA NEAR 1ST TARGET 384. BUY GIVEN AT 373.5. PROFIT 1000X10.5=10500/- ENJOY http://niftyforall.blogspot.in

>>> IBREALEST <<<

Looks like a Break Out on IBRealEst. If trades above 61 and 61.75, get ready to see an good Upmove. Lets See. Cheers!!!

Monday, March 04, 2013

Cat on the Wall

Dear All,

Nifty should break either side for confirmation. 5640 or 5730, neither down or up depends on this move. Lets see.

>>> AURO PHARMA <<<

Auro Pharma - If Breaks above Falling Wedge - then Get Ready for a Upmove.

Weekly Review - 04.04.2013

Dear All,

>>> NIFTY <<<

An Inside Bar - Trend may Change, shows a possible reversal ahead.

>>> NIFTY - HOURLY CHART <<<

As shown on chart, Wave C retraced almost 127.2% of Wave A and I hope an Interim bottom has been found for a bounce from here.

>>> DLF <<<

Sent on Mar 01, 2013 09:26:02 AM ****N4A-STOCK-ALERT**** Sell DLF below 275. SL above 282. Target 267 and 258. (all spot lvl) http://niftyforall.blogspot.in

Sent on Mar 01, 2013 01:38:46 PM ****N4A-STOCK-UPDATE**** DLF NEAR 2ND TARGET 258. SELL GIVEN AT 275. BOOK FULL PROFIT. 1000X17=RS.17000/- ENJOY http://niftyforall.blogspot.in

Thursday, February 28, 2013

BEAR BACK ON BUDGET

Dear All

Gave on 26th Feb, 2013

Wrote on 26th Feb, 2013 as Support 5738 and First Target 5675.

Happened :-

First Target 5975 Done..

What's Next :-

Tomorrow if Nifty breaks todays low 5675, then Nifty should touch 5595. Inter Supports are 5665 and 5618. Lets See.

>> PANTALOON <<< FOLLOW UP <<<

On 26th, Feb 2013