NiftyforAll

Monday, April 18, 2016

Next Move till 7990-8015

Dear All,

>>> Nifty Hourly Chart <<<

Next move till 7990-8015.

>>> Bank Nifty Hourly Chart <<<

Possible Rally till channel top.

Sunday, April 17, 2016

Dear All,

Fourth quarter earnings will be the key driving force behind the movement of the stock market in a holiday-shortened week ahead, say experts.

Stock market will remain closed on Tuesday for Mahavir Jayanti.

Infosys, India's second-largest IT services firm, on Friday reported better-than-expected 16 per cent rise in the fourth-quarter net profit and forecast strong revenue growth for the current fiscal on new client additions.

Next week will see major BSE-listed companies such as TCS, Wipro, HDFC Bank, IndusInd Bank, Cairn India and Hindustan Zinc, among others reporting their quarterly earnings.

Among macroeconomic data, inflation based on wholesale price index (WPI) for March 2016 is scheduled on Monday.

The domestic WPI data and Chinese housing figures on Monday, German ZEW economic sentiment, euro zone's current account data on Tuesday and the region's PMI reading towards the end of the week would be other developments that may sway the market sentiment next week.

>>> Nifty Daily Chart <<<

Price crossed 7760 and Next Resistance @ 7990 to 8015.

>>> Nifty Hourly Chart <<<

Above 7760 & 7777 - Possibilities like 7890 and 7990-8015 open for the bulls. We have NIL Position.

>>> Bank Nifty Daily Chart <<<

Above 16265 - Possible rally till 17040.

>>> CEATLtd - Hourly Chart <<<

We have re-entered our short near 1139, Expecting for fall below 1100.

>>> Performance till 13th April, 2016 <<<

Kindly send email to niftyforall@yahoo.com for details of our service or whatsapp @ 9677924975.

Tuesday, April 12, 2016

Next Resistance 7720

Dear All,

>>> Nifty Hourly Chart <<<

In two days - it was a 200 Points Rally. Above chart shows how the Price broken down from the channel and thrown back again to test the channel bottom. If the count I have marked is not wrong, Wave X, then Price may get a stiff resistance from 7720-30, Else Rally may continue above 7720-30. Cheers!!!

Monday, April 11, 2016

Sudden Spike - May Face Resistance @ 7677 & 7720

Dear All,

>>> Nifty Hourly Chart <<<

Sudden spike today may face its resistance @ 7677 and 7720.

>>> LICHSGFIN - Shorted @ 480 <<<

Shorted @ 480 Today and holding for a correction. Cheers!!!

Saturday, April 09, 2016

Weekly Review - 11.04.2016

Dear All,

Fall in crude oil prices, mixed economic data from major economies along with uncertainty over rate hike by the US Federal Reserve kept Indian equity markets more nervous.

Investors’ attention now has shifted to fourth quarter earnings starting next week after the market discounted the Reserve Bank of India's (RBI's) interest-rate cut that was widely expected.

The RBI policy actions were on expected lines, with a 25 bps rate cut. Overall, we believe that the measures are positive for the fixed-income market and we should see a gradual easing of long-term yields. In the near-term, the equity markets are likely to remain lack-luster as the earnings season kicks in. There would be stock-specific movements as results roll out. Going into May, the global markets will look to further actions by the Fed, ECB and the outcome of the referendum in Britain regarding membership of the European Union. Hence we may see volatility.

Investments by FIIs, trend in global markets will be the key driver of the market in the truncated week ahead.

The markets will remain closed on Thursday and Friday on account of Dr Baba Saheb Ambedkar Jayanti and Ram Navami, respectively.

The government will announce Index of Industrial Production (IIP) data for February and the consumer price index (CPI) data for March 2016 on Tuesday.

The next major trigger for the Indian markets is Q4 results of India Inc. The Q4 results season starts next week with IT major Infosys announcing its Q4 March 2016 results on Friday.

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

Posted on last weekly review - Hanging man and Death Cross Over. See what happened.

>>> Nifty Weekly Chart - Happened <<<

Price corrected nearly 235 Point from the high and we expect more correction in the coming week also.

>>> Nifty Daily Chart <<<

After 7580, next key support shall be 7526-30, if breaks fall to continue, Else expect some bounce.

>>> Bank Nifty Weekly Chart <<<

Weekly Chart for Nifty Bank - Shows a Bearish Engulfing Candle. Caution advised.

>>> Bank Nifty Daily Chart <<<

Bank Nifty - after resisted @ 16265 - Price made a fall till 15458. 15600 being a good support must hold next week for an healthy upmove. Else price may test near 15180.

>>> Bank Nifty Hourly Chart <<<

15600 looks important. lets wait.

>>> Apollo Tyre - Booked Profit <<<

We Booked our Short in Apollo Tyre with Rs.30K Profit.

>>> LICHSGFIN - Booked Profit <<<

We Booked our Short in LICHSGFIN with Rs.17600 Profit.

>>> TATAMOTORS - Booked Profit <<<

We Booked our Long in Tata Motors with Rs.15000/- Profit.

>>> SKSMicro - We have Shorted <<<

Shorted SKSMicro and Holding for a good correction.

>>> CEAT LTD - We have Shorted <<<

Shorted CEATLTD at 1097 and test 1077 almost 20 Points down. Holding for more correction.

>>> Performance till 08th April, 2016 <<<

For details of our service send email to niftyforall@yahoo.com or whatsapp @ 9677924975

Thursday, April 07, 2016

Broken Support 7580. Caution Advised.

Dear All,

>>> Nifty Hourly Chart <<<

Nifty Spot Broken 7580, Now look for next support @ 7530 & 7480. Cheers!!!

Wednesday, April 06, 2016

7580 If holds - Expect a Bounce.

Dear All,

>>> Nifty Hourly Chart <<<

7580 Still Holding and expect a bounce if holds.

>>> TATA MOTORS - Profit Booked <<<

We Booked 10 Pts or Rs.15000/- Profit on Tata Motors today. Cheers!!!

Tuesday, April 05, 2016

Key Support 7580

Dear All,

>>> Nifty Hourly Chart <<<

7580 Next Support. Lets wait.

>>> Bank Nifty Daily - Posted Yesterday <<<

Wrote Yesterday - Bank Nifty Daily Chart - Made a Bearish Hanging Man. See what happened.

>>> Bank Nifty Daily - Happened <<<

Almost a 500+ Points fall. Next Support @ 15600.

>>> LICHSGFIN - Profit Booked Rs.17600 <<<

Booked Profit @ 167 with Rs.17600/-

>>> Apollo Tyre - Profit Booked Rs.30,000/- <<<

Booked Rs.30,000/- Profit. Cheers!!!

Monday, April 04, 2016

Above 7760 - Next Resistance @ 7820

Dear All,

>>> Nifty Hourly Chart <<<

Price may see 7820 if crosses above 7760.

>>> Bank Nifty Daily Chart <<<

Bank Nifty with a Red Colored Hanging man near key resistance 16265, Lets rajan decide what's next. Cheers!!!

Saturday, April 02, 2016

Weekly Review - 04th April. 2016

Dear All,

Markets will watch out for the RBI policy meet next week and a rate cut of above 50 bps could be a positive surprise. However, 25 bps is already factored in the markets. One of the key cues that we would look at is the earning season and how the monsoons will actually pan out.

World stocks gained during major part of the week after US Federal Reserve chair Janet Yellen indicated that the central bank would move cautiously in regards with interest rate hike.

On the macro-economic front, economic data released by the government on Thursday showed that the output of eight core industries comprising nearly 38 per cent of the weight of items included in the Index of Industrial Production (IIP) surged 5.7 per cent in February 2016, the highest rate of expansion in the past 15 months.

Bank shares edged higher on expectations of rate cut by RBI. Further, the central bank on Tuesday clarified some of the provisions relating to the Marginal Cost of Funds based Lending Rate (MCLR) system, which came into effect from April 1, 2016.

WEEK AHEAD:-

The major event next week is the first bi-monthly monetary policy of the Reserve Bank of India (RBI) for FY16-17 on Tuesday amid clamor for a 25 bps rate cut.

Markit Economics will unveil the outcome of a monthly survey on India's manufacturing sector for March 2016 on Monday.

The initial public offer (IPO) of Chennai-based microfinance lender Equitas Holdings opens for bidding on Tuesday.

On the political front, six-phase polling for assembly election in West Bengal and two-phase polling for assembly election in Assam kicks off on 4th April, 2016

>>> Nifty Weekly Chart <<<

Its a Hanging Man on Weekly Chart. Bearish Cross over should be noted down. Caution Advised.

>>> Nifty Hourly Chart <<<

Hourly chart suggest a bounce possible if 7666 holds.

>>> Bank Nifty Daily Chart <<<

RBI Policy on 05th April, 2016. Looks like market expecting more from Rajan. Any dis-appointed move from rajan may Upset Bulls.

>>> Bank Nifty - Hourly Chart <<<

Its an expanding - zig zag upmove, finds its resistance @ 16265.

>>> CEAT LTD - Posted on Last Weekly Review <<<

Wrote on last weekly review - we have entered short on CEAT Ltd for the third time. See what happened.

>>> CEAT Ltd - Booked a Good Profit <<<

Booked a Good Profit of Rs.42000/-

>>> Apollo Tyres - Holding <<<

Apollo tyre - Still on Hold.

>>> BharathForge - Booked Profit <<<

Have Booked Rs.13000/- Profit.

>>> BOSCHLTD - SL HIT FIRST TIME & BOOKED PROFIT SECOND TIME <<<

Thursday - SL hit and Re-entered short on Friday - Booked a Good Profit of Rs.21000/- Cheers!!!

>>> Performance for the month end of March, 2016 <<<