5890 - Saved Market !!!

Dear All,

>Click the chart to see on full screen <

As wrote yesterday 5890 hold. Now if 5934 and 5968 should broken on the upper side to move further. Lets See!!!

>>>SBIN<<<

>Click the chart to see on full screen <

SBIN managed to close above 100 dma today and able to hold 2280 as wrote on last weekly review shows that possible 'U' turn soon.

Lets See!!! Cheers!!!

5890 - Will this Support Nifty ???

Dear All,

As Posted Yesterday On Weekly Review as Follows :-

>Click the chart to see on full screen<

Yesterday on Weekly Review, said sw(2) might have finished landing as the fall has taken 78.6% of the 5(v)th move at 5884.

Happened today and Yet to :-

>Click the chart to see on full screen<

Today the entire 5th wave also retraced 38.2% retrace at 5890 as shown on chart, shows that a bounce back should be here if these levels hold for tomorrow also. lets see.

Today's Performance :-

Sent on Feb 11, 2013 09:30:09 AM ****N4A-STOCK-ALERT**** Buy CIPLA above 386. sl below 378. Target 390,398 and 403 (all spot lvl).

Sent on Feb 11, 2013 01:04:19 PM ****N4A-STOCK-UPDATE**** CIPLA 395. BUY GIVEN AT 386. ALMOST 1000X9=RS 9000/- SL CTC FOR NEXT TARGET.

Cheers!!!

Weekly Review - 11.02.2013

Dear All,

>> NIFTY - HOURLY <<

>Click the chart to see on full screen <

Nifty broken all support earlier I gave. 5960 / 5930 got broken last week. Now 5844 and 5823 are the last hope for bulls.

>> NIFTY - DAILY <<

>Click the chart to see on full screen <

Nifty Trading below 15dsma / 20dsma and 50dsma - shows the bear strength. Cross over of 15dsma and 20dsma also signalling the strength of bear. Last hope lies on 100dsma should rescue the bulls from severe fall in coming days.

>>BANK-NIFTY<<

>Click the chart to see on full screen <

Of course raising wedge broken and ew count suggest a possible support at 12183 for a bounce from here. Below 12183 next strong support at 11981.

>>SBIN<<

>Click the chart to see on full screen <


SBIN looks like standing on many of its supports like 38.2% retrace, 100 dsma and trend line support. Will it hold all of its kind to bounce back next week?? or fall ?? Lets See.

>>PERFORMANCE<<

>Click the Image to see on full Screen<

Nearing the Channel Support

Dear All,

>Click the chart to see on full screen <

>Click the chart to see on full screen <

Nothing more to say, Hope charts give you clear Picture. Cheers!!!

50DMA - Life Saver

Dear All,

>Click the chart to see on full screen <

After Yeterdays Gap down Opening and today Gap Up Opening followed by a sell off in the later part of the trade was saved by 50dma as shown on chart. Though trading below the channel, 50dma act as a good support.


>> GAIL <<<

>Click the chart to see on full screen <

Last Update on 31st Jan,2013 Updated Gail with Triple Bottom. Now attached hourly chart suggest a break out needed above 345-357 for a good Up Move. Lets see

Where is the Bottom ?

Dear All,
>>NIFTY<<

> Click the chart to see chart on full screen<

Support 5960 and 5940.

Resistance 5986, 6010,6030 and 6050

>>SBIN<<

> Click the chart to see chart on full screen<

Should cross the Channel Line for Upmove. Lets See!!! Cheerss!!!

Weekly Review 04.02.2013

Dear All,

The RBI in its third quarter monetary policy review on Tuesday surprised the market by cutting short-term lending rate called repo by 0.25% to 7.75% and Cash Reserve Ratio (CRR) by similar margin to 4%, releasing Rs 18,000 crore primary liquidity into the system.

The Reserve Bank of India also lowered its growth projection for the Indian economy as new investment demand continues to remain muted. The banking regulator now expects the domestic gross domestic product (GDP) growth at 5.5% in the current financial year. It had earlier projected 6.5% growth in July, 2012. But lowered it to 5.8% three months later as investment demand slowed, consumption spending moderated and export performance eroded.

Growth in Indian manufacturing slowed to a three-month low in January, as new export orders lost momentum, a business survey showed on Friday, underscoring the risks to India's economy from weak global demand, particularly in Europe.

The HSBC Markit manufacturing Purchasing Managers' Index (PMI), declined to 53.2 in January, after rising to a six-month high of 54.7 in December.

Nifty ended over 1% lower in the week to February 1 weighed down by profit booking in rate sensitive stocks after the Reserve Bank of India at its policy meet struck a cautious note on further easing as it awaits government's plan to control the rising fiscal deficit and said that inflation continues to remain above its comfort zone.

>>> NIFTY <<<

Last week our entire Supports got broken, Nifty broken even 6008 and its time for us to find out the alternative (counts) analysis for next week and coming days too..

As Such we have 2 alternatives discussed below :-

Alternative - 1 :-

>Click the chart to see on full screen<

Entire Support given last week has been broken and hence forth re-counted,above give is first alternative.

Last leg of 5th wave is going on, in that case (i),(ii),(iii),(iv) and (v) or a,b,c,d and e must be there and 5965 should give a good support.

Alternative - 2 :-

>Click the chart to see on full screen<

Second alternative shows that wave (1) got completed and broken the important trend line support for a wave 2 correction which was divided as a,b and c. If 5970 gets broken 5890 shall be tested soon.

>>> BANK NIFTY <<<

As given Last Week :-

>Click the chart to see on full screen<

>Click the chart to see on full screen<

> Happened and Yet to :- <

>Click the chart to see on full screen<

As Said Last week 12523 gave a good support and end its 4th sub wave. On going may be 5(ii) as 5(i) completed its journey at 12960. Support between 12580 to 12600.

>> PERFORMANCE <<

For Queries and Details contact niftyforall@yahoo.com

Cheers!!!

No Where to Go - Supp 6030 / 6008

Dear All,

>Click the chart to see on full screen<

Expiry day was Quiet and Now Nifty should find its support at 6030 and 6008.

>>> GAIL <<<

>Click the chart to see on full screen<

Gail - Looks like a Tripple Bottom and if Support given Here means - A Good Bounce - Get Ready to Catch it. Cheers!!!

Expiry to Decide Nifty Direction ?

Dear All,

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

As said last 2 days Nifty holding 6045 and unable to surpass 6080. Volatile trade persist as a result of Result season. Now Nifty should cross 6084 and 6096 Resistance as shown on chart for any further upmove to break 6111.8 high. If breaks 6045 or 6008 on the downside then may test 5980.

Since tomorrow is a Expiry Day, its going to be an Interesting day. Lets See. cheers!!!


Follow Up Stock - >>> TATA GLOBAL <<<

As given on 7th Januaury - 2013

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

As given on 11th Januaury - 2013

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

Gave Chart on 07th and 11th January shows that Stock has lost it Support and ready for a clear fall. As Said Tata Global touched a low of 143 Today. Now Whats Next ???

>>> Happened and Yet to <<<

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

Yes Price Should find its support near 140, if breaks then 131 next Support. So will it hold 140 for Upmove ???? Lets See!!! Cheers!!!

6045 & 6008 Support

Dear All,

As gave Yesterday :-

>Click the Chart to See on full Screen<

Happened and Yet to :-

>Click the Chart to See on full Screen<

As Wrote Yesterday Nifty holding the Support 6045 although it break at 3:15 and made a low of 6042 and managed to close 6050.

Support for Tomorrow :- 6045 and 6008.

Lets See !!! Cheers!!!

RBI to Decide Nifty Move !

Dear All,

> Click the Chart to See on Full Screen <

It was a Choppy trade in Nifty ahead of RBI's Monetary Policy tomorrow. Since no Major Movement and also we have discussed a lot in last week, lets look into a very close look at in 5 min Chart about whats happening in today's move.

Above chart is a 5 mins chart - forming a 1-5 movement. The Count invalid below 6045 or to say it as a Intermediate Reversal.

Since FOMC meet also to be held for 29th and 30th of January, there can be a lot of Volatile due to news flow.

Support 6051 and 6045

Resistance 6083 - 86 and 6105

Lets See!!!

Weekly Review - 28.01.2013

Dear All,

>>> Re-Cap from Last Week's Update <<<

>>Click the Chart to See on Full Screen<<

In Last weekly Review, Have assumed that sw(iii) is completed and sw(v) may get extended as shown above with possibilities, instead (iii)rd of (v)th extended as a diagonal as shown below.

>>Click the Chart to See on Full Screen<<

So the fall happened after an ending diagonal for the (iv)th sub wave happened as below.

>>Click the Chart to See on Full Screen<<

Happened and Yet to :-

As said last week 6020 gave a good support with Channel shows the end of (iv) th wave and upmove looks like (v)th wave. Now 6080 and 6100 act as a Resistance next week and cross above can give a new high in coming days. Short Sellers should take care of their stop loss. Lets see.

>>> Bank Nifty <<< As given Last Week :-

>>Click the Chart to See on Full Screen<<

Updated on 24th Jan, 2013 :-

>>Click the Chart to See on Full Screen<<

Happened and Yet to :-

>>Click the Chart to See on Full Screen<<

Last Weekly Review wrote that 12523 as a support, which gave a good support for last week for an upmove. As shown on above chart it seems like a break out and a possible upmove should continue in next week also.

>>>ANDHRA BANK<<< as given last friday

>>Click the Chart to See on Full Screen<<

Happened as follows :-

>>Click the Chart to See on Full Screen<<

Sent on Jan 24, 2013 02:35:30 PM *****N4A-STOCK-ALERT***** Buy ANDHRABANK near 112-113. SL below 107. Target 117 and 122 (all spot lvl

Sent on Jan 25, 2013 02:52:43 PM ****N4A-STOCK-UPDATE**** ANDHRA BANK NEAR FIRST TARGET 117. BOOK 4000 x 4 = RS.16000/- SL CTC http://niftyforall.blogspot.in


>>PERFORMANCE<<

>>Click the Chart to See on Full Screen<<

Cheers!!!

Again 6020 !!!

Dear All,

>click the chart to see on full screen<

Nifty Support 6020 again on Hold, also 100dma making sense for Bulls. Lets wait and see.


D Subbarao, P Chidambaram discuss economic situation

RBI Governor D Subbarao, who will announce the quarterly monetary policy on January 29, today discussed the prevailing macro-economic situation with Finance Minister P Chidambaram.


"Our next quarterly review policy is scheduled for Tuesday. As per standard practice, I have come to review macro economic situation with the Finance Minister," he told reporters after the meeting here.

The third-quarter monetary policy review is keenly watched by the industry as well as the market because the central bank has not lowered the key interest rate (repo rate) since March on concerns of inflation.

>> BANK NIFTY << >> As given on Weekly Review <<

>click the chart to see on full screen<

>> Happened and Yet to <<

>click the chart to see on full screen<

As wrote on Last Weekly Review - Bank Nifty holding 12523 and if holds tomorrow, then possibility of bounce is high.

>>SBIN <<

>click the chart to see on full screen<

SBIN looks like getting a channel support and 2420 and 2440 act as a support as i assumes that 5th sub wave should start from here.

>>ANDHRA BANK <<

>click the chart to see on full screen<

Andhra Bank on Channel Support and 100 dma. Lets wait for a Bounce.

Between 6020 to 6060 !!!

Dear All,

>Click the chart to see on full screen<

Nifty took support at 6020 and touched 6060 as shown on chart. Now if breaks on either side to decide trend. Lets wait.

>>Unitech<< Gave Yesterday :-

>Click the chart to see on full screen<

Happened Today :-

>Click the chart to see on full screen<

Performance :-

Sent on Jan 22, 2013 09:17:29 AM ****N4A-STOCK-ALERT**** Sell UNITECH below 37.90. SL above 38.90. Target 35 (all spot lvl)

Sent on Jan 23, 2013 02:50:26 PM ****N4A-STOCK-UPDATE**** UNITECH NEAR FINAL TARGET 35. SELL GIVEN AT 37.90. ALMOST 20,000 PROFIT. ENJOY

Low Made 34.60

>>AUROPHARMA<<<

>Click the chart to see on full screen<

AuroPharma - on a Head and Shoulder formation, Break below the base line may trigger and Sell off and free fall not ruled out.


Cheers!!!

Support 6010 ???

Dear All,

As gave Yesterday :-

>Click the chart to see on full screen<

Happened and Yet to :-

>Click the chart to see on full screen<

Yesterday wrote Yesterday, Ending diagonal broken today and fell down.
Now Nifty has Support as follows 6045, 6010 and 5982

>>UNITECH<<

>Click the chart to see on full screen<

Unitech just broken down the Intermediate Support, as the fall is confirmed with Negative divergence on MACD and RSI too broken down.

Let see.