MARKET GUPSHUP~~~!!!!

Nifty (6238.80, +38.75, +0.62%)

Today, the market may show strength if it were to move up it would face supply pressure between 6244 and 6259—this is a strong supply zone and once crossed the next target zone would be 6291 and 6310. However, on the first day of the March settlement, chances are we might see lower levels in the initial hours unless there are any major positive cues either domestically or internationally. Initial good support zone would be between 6209 and 6186. Only if this range is violated with good volume based selling expect further lower levels.

Most critical levels for the day: 6244 – 6259, its strong resistance zone
Next strong resistance: 6291 – 6310
Major resistance: 6338 – 6362
Strong support: 6209 – 6186
Major support: 6147 – 6122

Bank Nifty (10730.40, +63.65, +0.60%)

If the Bank Nifty were to move up from here then it needs to cross the range between 10771 – 10777 levels decisively. In so doing, it should also not fall below 10681 – 10634 range in any profit taking led sell off. If that happens, the index and the bank stocks would show considerable weakness while, on the other hand, sustaining above 10777 would show real strength to climb up to 10920 – 10950 major supply zone and the target for this pull back rally.

Most critical levels for the day: 10697 – 10777
Immediate support: 10681 – 10634
Strong support: 10562 – 10522
Major support: 10418 – 10317
Strong resistance: 10771 – 10777
Major resistance: 10920 - 10950

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

PURE HEDGE OF NIFTY WTH MARCH MONTH PUT~~~!!!

UPDATE 07.03.2014
6500 FROMMM 6240 MEANS 260 POINT PER LOT
6200 PUT CMP 16.40 MEANS -44 POINT LOSS PER LOT

260-44=216*50=10800 PROFIT PER LOTTTTTTTTT BOOOKK FULL NWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWW~~~!!

TOLD YOU ALL SAFE TRADE HAI KAR LO....AB AUR KYA CHAIYE???

BOLA THA ALL THE BEST TAKE REST HAHAHA SAMAJDAAR HO TO...MAAN LO BAAT~~~!!

UPDATE 06.03.2014

6403 TODAY NOW CMP 03.07PM MEANS 6240 TO 6403=163 POINTS IN LONG AND SAME TIME 6200 PUT RATE IS 18 WE BAUGHT IT IN 60 RS

163*50=8150(PROFIT IN BUY NIFTY)
60-18=42*50=2100(LOSS IN PUT)

TOTAL,
8150-2100=6050 NET PROFIT PER LOT BOOK MOREEEEEEEEEE.....



BUY MARCH MONTH NIFTY AROUND 6240--50
&
HEDGE IT WITH 6200 PUT CMP AT 60 AND HOLD TILL MARCH MONTH....!!!!

YOU WILL GET MINIMUM 7500 RS IN THIS TRADE WITHOUT ANY RISK

ALL THE BEST AND TAKE REST~~~!!!


WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUPSHUP~~~!!!

Nifty (6200.05, +13.95, +0.23%)

The index has managed to close at the 6200-mark; it has not been able to get past the critical supply zone boundary of 6212 on closing basis though intraday it did manage to post a high of 6216.85. Now, in order to move up it needs to clear this 6212 decisively—however, it looks as if the range between 6202 through 6217 would be the new supply zone for the day; our understanding is that while the bias of the price movement during the day could be moderately upward but it would be a small range day mostly. In case, any directional swing happens it would face resistance between 6235 and 6244 while on the downside the same could be said for 6165 to 6158 for support.


ranadeep ghoshal: Most critical levels for the day: 6200 – 6217, its immediate resistance as well
Strong resistance: 6235 – 6244
Next strong resistance: 6249 – 6263
Major resistance: 6291 – 6310
Strong support: 6176 – 6158
Major support: 6143 – 6129

 Bank Nifty (10666.75, -16.75, -0.16%)

The bank index failed to get past the strong resistance above 10770-mark. This zone would continue to act as a strong resistance for the index during the trading session in case the Bank Nifty manages to come close to it. Its closing is quite weak and may show some more correction during the day if the 10625 gets taken out again in the intraday price swings with good volume activity; however, till such time that happens the bank bulls does not need to worry so much. Today, staying above 10690 would be quite crucial if it were to really move up else any failed attempt to cross this hurdle would, most likely, see quite a bit of selling and a retest of 10632 – 10586 support area might well happen.

Most critical levels of the day: 10682 - 10690, its immediate resistance
Strong resistance: 10708 – 10735
Major resistance: 10752 – 10777
Strong support: 10632 – 10586
Major support: 10586 – 10488

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARCH PAIR STRETEGY~~~!!!

NIFTY TRADING ABOVE 6150-6170 MEANS GOOD SIGN FOR BUYING BUT BREAK BELOW THAT SOME PANIC POSSIBLE....SO FINDING TRRBL???????

OHHH "MAIN HU NAA"

BUY NIFTY MARCH 6400 CALL @26
&
BUY NIFTY MARCH 6000 PUT @ 26

TOTAL=52

TGT DBBL~~~!!!


WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUPSHUP~~~!!!!

Nifty (6186.10, +30.65, +0.50%)

Two days prior to the February equity derivative settlement, the Nifty closed on a strong note but a tad lower than the resistance zone between 6193 and 6212. This range would be the most critical levels for the bulls to take out; however, if they manage to do it then the next target would be 6244 through 6259. In any case, sustaining above 6212 would be quite crucial; any failure to do so would invite profit taking where 6158 or even 6141 could also be tested again. If this range is not broken on any sell-off for any reason, the Nifty would bounce back again.

Most critical levels for the day: 6193 – 6212, its immediate resistance
Strong resistance: 6244 – 6259
Major resistance: 6287 – 6310
Strong support: 6158 – 6141
Major support: 6118 – 6091


Bank Nifty (10683.50, +129.15, +1.22%)

The bank index has closed just above the important resistance level of 10682; it surely looks bullish! Now, it needs to stay above this level of 10682 and scale up. Once it sustains above 10708, it is likely to gather momentum and move up beyond 10750 to test the next resistance zone between 10774 and 10783. This is, by our reckoning, the last supply range before the index tries to climb up to the current pullback rally target between 10926 and 10950. On the downside, even in the event of any profit taking, unless it falls and closes below the support zone between 10598 and 10546, there would not be any problem for the bulls to pull it up again.

Most critical levels for the day: 10682 – 10708

Strong resistance: 10774 – 10783

Major resistance: 10926 – 10950

Immediate support: 10660 – 10625

Strong support: 10598 – 10546

Major support: 10496 - 10458

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

NATURAL GAS SPREAD PURE AND SAFE HEDGE WTH GOOD PROFITS~~~!!

25.02.2014 06.44pm
FEB MONTH MADE LOW OF 306.20
MARCH MONTH CMP AT 28

MEANS,
FEB MONTH PROFIT 401-304=97
MARCH MONTH LOSS 320-285.50=35

97-35=62*1250=77500

 NET PROFIT IN SINGLE LOT SINGLE TRADE AND ALSO A SINGLE ONE DAY HAHAHAHAHAHA~~~~!!!

AB MERI JAAN LOGE KYA?????????


TOLD YOU ALL BEFORE ALSO ITS JUST ONE DAY GAME SAFE MONEY N MONEY ONLY
BECAUSE OF THIS KIND OF STUFF I LOVE TO HEDGE EVERYWHERE HAHAHHA~~~!!!

BHAI AUR BHEN KOI KAMAYA HO TO TO PLEASE DOG & COW KO MAT BOLNA PURA GINTI KE SATH 10% BOLE TO 7700 PURAAAAAAAAAAAAAAAAAA HAHHHA~~~~!!

08.38PM
NATURAL GAS FEB AT 357.20 FROM 401 MEANS 401-357=43 NET
& MARCH MONTH MADE LOW OF 300.70 MEANS 320-300=20

43-20=23*1250=28750 NET PROFIT~~~!!!!
CHEERRRSSSSS~~~!!!



SELL FEB MONTH NATURAL GAS BETWEEN 400--410--CMP 401.10 
&
BUY MARCH MONTH NATURAL GAS AT CMP 320

MINIMUM 20-30-40 POINTS IN JUST ONE DAY AS ITS EXPIRY NEAR

PUREEEE HEDGE

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUPSHUP~~~!!!

Nifty (6155.45, +64, +1.05%)

The index posted a grand recovery wiping out all the losses of the previous session. Now, it is likely to scale up even higher and test the next resistance zone between 6193 and 6212. The bulls are on the front-foot and they would retain the initiative unless the support between 6139 and 6111 are violated. Once the index stays above 6167, we can expect a strong upward march towards the critical supply zone between 6193 and 6212. If the range is successfully taken out then the next target zone would be between 6244 and 6259.

Most critical level for the day: 6167, its immediate resistance as well
Strong resistance: 6193 – 6212
Major resistance: 6244 – 6259
Strong support: 6139 – 6111
Major support: 6084 – 6058

Bank Nifty (10554.35, +126.05, +1.21%)

The Bank Nifty is looking all set to attempt to clear the important supply zone between 10682 and 10776 once it takes out the 10597 – 10625 zone, its initial resistance and the most critical levels for the day. Once we see it firmly getting past 10682- 10776 range, the pullback rally might even push the index to 10929 – 10950 target zone. However, for such a strong upsurge to happen the level of 10776 should be taken out decisively. On the downside, so long as the 10513 – 10420 range gets broken on heavy selling the bank bulls would push the index up once again.

Most critical levels for the day: 10597 – 10625, its initial resistance zone as well
Strong resistance: 10682 - 10776
Strong support: 10513 – 10420
Major resistance: 10625 – 10660


WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUPSHUP---21ST FEB~~~!!!

Market Outlook 21 February 2014                 
Nifty (6091.45, -61.30, -1.00%)

The index is looking weak, it has closed just below the 6092-mark. Now, we need to see if it manages to sustain above this level. While staying above this level may be good, the index ought to cross 6122 in order to move up again—any failure to do so would attract fresh selling. In order to show real strength, it should get past 6143 – 6162 range, which looks like a tall order. On the downside, if it were to fall below even 6080 it could go down to test 6058 – 6020 support area going forward.


Most critical level for the day: 6092

Immediate resistance: 6105

Strong resistance: 6115 – 6123

Major resistance: 6141 – 6163

Strong support: 6080 – 6058

Major support: 6020 – 5983

Bank Nifty (10428.30, - 181.30, -1.70%)

Bank index is weak again. It can slide further down from here if it were to stay below 10395 in today’s session. This happens to be the most crucial level for the day for real weakness would be signaled only when the bears take out this decisively. On the other hand, if there were to be any recovery from here, the index would needs to get past 10471-mark and stay above that level on the back of strong buying. The major resistance, however, remains located between 10560 and 10660—unless this zone is firmly taken out all rallies would just be pullback ones.

Immediate resistance: 10439 – 10471

Strong resistance: 10525 - 10560

Major resistance: 10625 – 10660

Most critical level for the day: 10395, its immediate support level

FOR NIFTY "40" & "76" BOTH ARE MAGGICAL FIGURE

IF NIFTY LOW IS BELOW “40” AND ON THE SAME DAY IF NIFTY CROSS “40”& “76” THEN ALWAYS  TRADE IN BUY SIDE WITH SL OF “40”.

IF NIFTY’S YESTRDAY’S LOW IS ABOVE “40” AND  TODAY IF NIFTY’S OPEN & LOW RATE ABOVE “40”THEN ALWAYS TRADE IN BUY SIDE WITH SL OF “40”.(IN INTRADAY ALSO YOU CAN USE THIS METHOD IN HOURLY BASIS CANDLES.)

IF NIFTY HIGH IS ABOVE “76” AND ON THE SAME DAY IF NIFTY BREAK “76” & “40” THEN ALWAYS SELL SELL SELL & SELL WITH STOPLOSS OF “76”.

IF NIFTY’S YESTRDAY’S HIGH IS BELOW “76” AND TODAY ID NIFTY’S OPEN & HIGH RATE BELOW “76” THEN ALWAYS SELL SELL & SELL WITH STOP LOSS OF “76”. ”.(IN INTRADAY ALSO YOU CAN USE THIS METHOD IN HOURLY BASIS CANDLES.)

ALL THE ABOVE METHOD’S ARE FOR PURE INTRADAY IF YOU TRADE POSITIONALLY THEN PLEASE FOLLOW YOUR STRICT STOPLOSSES.

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUPSHUP~~~~!!!

Nifty (6127.10, +53.80, +0.89%)

Our Nifty is on a strong upward momentum; however, it needs to remain above the most critical support range of 6115 through 6104 to maintain this strong bullish tempo. On the other hand, its momentum would be more pronounced once it takes out 6140 – 6150 strong resistance area. Once it crosses and stays above that zone, its next target and major resistance would be the levels between 6191 and 6212. While that being the bullish projection, we also need to monitor lower support levels between 6080 and 6078 in the event of any profit booking led sell off. To maintain the current strength, the Nifty should not fall below this range even during intraday session let alone on closing price basis.

Most critical levels for the day: 6115 – 6104, 

its immediate support level as well

Strong resistance: 6143 – 6162

Major resistance: 6191 – 6212

Strong support: 6092 – 6078

Major support: 6038 – 6021

Bank Nifty (10575.20, +248.65, +2.41%)

The prospect of a real test of the major supply zone for the Bank Nifty looms large in today’s session. There is every probability of a test of 10625-level today and the index would acquire real bullish strength to get into a new intermediate uptrend when it takes out and closes comfortably above the 10658-level. The important support levels between 10430 and 10357 should hold and even in case of any profit taking led sell-off the lower boundary of 10357 should not be violated even in intraday session and by no chance on closing basis if the current bullish tempo is to be maintained.  

 Most critical levels for the day: 10595 – 10658, its immediate supply zone as well

Strong resistance: 10701 – 10740

Major resistance: 10793 – 10906

Strong support: 10430 – 10357

Major support: 10279 - 10193 

Global gold demand declines by 15% to 3,756 tonnes in 2013

In 2012, the global gold demand stood at 4,415.8 tonnes, the WGC 'Gold Deamand Trends 2013' report said. There was a net outflow from ETFs of 180 tonne in Q4 as investors continued to re-evaluate their portfolios in response to market conditions.   Overall, investors redeemed 881 tonne from ETFs in the full year. However, the gold market saw 21 percent growth in demand from consumers, the report said. 

 

2013 has been a strong year for gold demand across sectors and geographies, with the exception of western ETF markets. Specifically, it was the year of the consumer. Although demand has continued its shift from west to east, the growing demand for gold bars, coins and jewellery is a global phenomenon," WGC Managing Director, Investment Strategy, Marcus Grubb said in a release issued here.   

 

Jewellery demand for the year rose 17 percent to 2,209 tonnes, while investment in bars and coins was up 28 percent to 1,654 tonnes. China and India both recorded increased demand in 2013, while consumer demand in China rose 32 percent to a record level of 1,066 tonnes, in India demand rose 13 percent to 975 tonnes. The report further said, across the world there was huge rise in consumer appetite for gold in both emerging and developed markets.   Demand in Turkey was up 60 per cent, Thailand up 73 percent and the US up 18 percent.  

 

The sustained environment of lower prices, coupled with improving consumer sentiment and the onset of the main Q4 buying season resulted in a pick up across a number of western markets, the report said. The annual imports of gold jewellery into the US increased for the first time since 2005, with significant volume increases in imports from India, China and Italy. The report further revealed that Central banks continued to be strong buyers of gold and saw net purchases in all four quarters totaling to 369 tonne in 2013, even as it was down by 32 percent from 2012.   The total supply for the year declined by 2 percent to 4,340 tonnes compared to 2012. 

MARKET GUPSHUP~~~!!!!!

Market Outlook 18 February 2014               
Nifty (6073.30, +24.95, +0.41%)

The closing is pretty much encouraging since the Nifty has managed to close above 6073. Now, it needs to consolidate the gains over the last two sessions. The most critical level remains at 6073 itself while the immediate support now would be the range between 6058 and 6054. To show real strength we need to see a close above 6115—in fact, the range between 6101 and 6115 would act as a strong supply zone and the major resistance is likely between 6129 and 6150 in the event of a strong upsurge.


Most critical level of the day: 6073

Immediate support: 6058 – 6054

Strong support: 6029 – 6020

Major support: 6004 – 5981

Strong resistance: 6101 – 6115

Major resistance: 6129 – 6150

Bank Nifty (10326.55, +122.80, +1.20%)

To show continuation of the upward momentum gathered primarily during the last hour of trade yesterday, it needs to stay above 10321-mark, its most critical level for the day. However, the real test of the bank bulls would begin from the levels of 10430 onwards. The whole range between 10430 and 10625 is likely to bring strong supply pressure unless the bank bulls are confident of the central bank softening its monetary stance soon enough. On the downside, its immediate support levels are located between 10268 and 10255. It would be quite comfortable for the bank bulls if they manage to hold this support range even in the event of a profit taking led sell off during the day.

Most critical level: 10321

Immediate support: 10268 – 10255

Strong support: 10193 – 10130

Major support: 10060 – 9850

Strong resistance: 10374 – 10395

Major resistance: 10430 - 10625


WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

BUDGET SPECIAL 17.02.2014

BUY NIFTY 6200 CALL AT 15
&
BUY NIFTY 5900 PUT AT 17

TOTAL PAIDA 15+17=32

TGT DBBL TRRPL


WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS 
AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUP SHUP~~~!!!!17-02-2014~~~!!!

Nifty (6048.35, +47.25, +0.78%)

The Nifty, in order to move up carrying on the momentum of last hour of Friday last, should be able to get past 6073 comfortably and it should not also fall below the immediate support range between 6045 and 6042. This is the minimum precondition that must be met so as to continue the upward march. Only if we see the index clearing 6115 resistance level decisively, we can expect the pullback swing to continue with strength. Whatever happens, to make this upmove a truly bullish reversal, the Nifty should not fall below 6003 – 5980 major support area even during intraday swings—this support range should hold not just for today but for the days to come else the intermediate downswing would resume in full blast.

Most critical level of the day: 6073, its immediate resistance level as well

Strong resistance: 6095 – 6115

Major resistance: 6143 – 6162

Immediate support: 6045 – 6042

Strong support 6003 – 5980

Major support: 5943 – 5923

Bank Nifty (10203.75, +68.05, +0.67%)

Crossing and sustaining above the range between 10208 and 10220 would be critically important for the index for any failure to do so comfortably would mean weakness setting in again. However, for the Bank Nifty to show some real strength, you need to see it getting past 10321-mark as well in the early hours of the day preferably or at least on a closing basis. In the event of any profit taking led sell-off, the support range between 10130 and 10060 must hold else it may slip below even the 10000-mark. In any case, so long as we do not see the Bank Nifty crossing 10560 through 10625 supply zone all rallies from lower levels would just be pull back correctives.

Most critical levels for the day: 10208 – 10220, its immediate resistance

Strong resistance: 10275 – 10321

Next strong resistance: 10395 – 10430

Major resistance: 10560 – 10625

Immediate support: 10170


Strong support: 10130 – 10060

SBIN RESULT STRETEGY~~~!!!!

SBIN CMP IS 1501 IN NSE CASH
SBIN Fibonacci price 0% LEVEL IS 1466 ABV THT 1750 BELOW THAT DOORS OPEN FOR 1184 POSITIONALY???

THINKING WHAT TO DO????

IN THIS SITUATION ALWAYS GO FOR PAIRS.....

AND ITS VALENTINE DAY TODAY SO MAKE A CUTE COUPPLE OF CALL & PUT HEHEHE

BUY SBIN 1350 PUT @ 3
&
BUY SBIN 1650 CALL @ 5

TOTAL PAID 8RS TGT DBBL OR MOREEEEEEEE???

OR 

BUY SBIN 1400 PUT @7
&
BUY SBIN 1600 CALL @ 10-11

TOTAL PAID 18RS TGT DBBL OR MOREEEEEEEEEE


THE PPL WHO INTRADAY PLAYING CAN BOOK ON SMALL PROFITS MY VIEW IS POSITIONAL~~~!!!!





WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!

MARKET GUPSHUP~~~!!!

Nifty (6020)

The bulls are still indecisive as shown by the dragonfly doji candlestick pattern on the end-of-day chart of the Nifty. Today, the range between 6010 and 6041 would be quite crucial since staying above this range on a sustained basis would indicate bullishness while any decisive fall below 60010 would signify fresh bearishness setting in. However, the next strong supply zone between 6110 and 6133 would be another hurdle that the bulls would need to overcome. Chances are we would see a lower close today despite a probable higher opening around 6024.


Most critical levels for the day: 6007 – 6045, its immediate resistance as well

Strong resistance: 6037 – 6053

Major resistance: 6092

Strong support: 6000 – 5990

Major support: 5947 – 5947

WATCH THE VIDEOS AND SHARE IF POSSIBLE MAY U CANT BUT SOME ONE ELSE CAN HELP OTHERS~~~!!!

6000 PE OI crossed 1 Cr.; falling market no OI unwind, 5950 crucial bottom now; first time in last 7 months, single strike price OI cross 1 Cr.; never in history of derivatives an expiry has come below strike price when OI has crossed 1 Cr.; next 2 days very crucial if 6000 PE does not shed OI, NIFTY has lot of chances for expiry above 6000.

6000 PE OI crossed 1 Cr.; falling market no OI unwind,  5950 crucial bottom now; first time in last 7 months, single strike price OI cross 1 Cr.; never in history of derivatives an expiry has come below strike price when OI has crossed 1 Cr.; next 2 days very crucial if 6000 PE does not shed OI, NIFTY has lot of chances for expiry above 6000.

Mid-session Outlook(13-02-2014)

As good selling at higher levels therefore following lines were told both previous Outlooks yesterday:-

1- As higher levels selling and lower levels supports between 5934-6106 therefore Indian markets will be understood range bound and Nifty will firstly prepare for next trend within or near about this range

2- Confirm selling near about 6100 today and now Nifty will remain sideways between 5934-6106 and prepare for next trend,valid break out of this range will be next trend confirmation.

view is still Bullish and rally continuation is expected despite today down moves since opening today. Next supports should be firstly watched now which have been updated yesterday. Let down moves stop and consolidation start then fresh up moves will be considered.

MARKET GUPSHUP~~~!!!

Nifty (6084.00, +21.30, +0.35%)

The bulls are still indecisive as shown by the dragonfly doji candlestick pattern on the end-of-day chart of the Nifty. Today, the range between 6064 and 6091 would be quite crucial since staying above this range on a sustained basis would indicate bullishness while any decisive fall below 6064 would signify fresh bearishness setting in. However, the next strong supply zone between 6119 and 6153 would be another hurdle that the bulls would need to overcome. Chances are we would see a lower close today despite a probable higher opening around 6090.

Most critical levels for the day: 6063 – 6091, its immediate resistance as well
Strong resistance: 6119 – 6153
Major resistance: 6192
Strong support: 6030 – 6018
Major support: 6003 – 5980

MARKET GUPSHUP

Nifty (6062.70, +9.25, +0.15%)

The index has become directionless once again and is trading within a narrow range. Now, it needs to clear 6091 on the upside while it should not fall below 6050 on closing price basis to retain the bullishness shown through last week’s price action. Going by the movement of the SGX Feb Nifty (6115.50, +42.00, as we write this Market Outlook), we are likely to open somewhere around the 6090-mark itself. If we manage to clear the 6120 – 6129 range in today’s bullish environment that would be one step ahead towards clearing the eventual hurdle at 6150 before the uptrend acquires some directional momentum. However, at the end of the day, if the Nifty were to fall again and close below 6050, for whatever reason, the bullishness would dissipate in a big way.

Most critical level for the day: 6091, it will act as a pivot level for the index today
Strong resistance: 6120 – 6129
Major resistance: 6150 – 6191
Immediate support: 6056 – 6043
Major support: 6030 – 5979

Bank Nifty (10245.45, +31.55, +0.31%)

In today’s session the Bank Nifty must be able to clear the gap between 10321 and 10406 - if it were to do so, the confirmation of its taking out those levels would come through a movement above 10430-level as well. However, to morph into a sustainable uptrend, the index should also take out 10560 - 10625 supply zone decisively. During the day, on any profit taking or any other form sell-off for any reason, it should not fall below the 10240 - 10235 support area. Even if it falls below that on intraday swings the close should be much above that to retain some strength to move up further for any decisive fall below 10235 would signal the onset of a fresh bear pressure building up.


Most critical levels of the day: 10240 – 10235, its immediate support as well
Immediate resistance: 10321 – 10378
Strong resistance: 10406 – 10430
Major resistance: 10560 – 10625
Strong support: 10170 – 10130
Major support: 10010 - 9850

MARKET GUPSHUP

Nifty (6036.30, +13.90, +0.23%)

Unless the Nifty clears the 6050 through 6063 range early this morning it would be difficult to commit on the long side since the rally so far has been quite anemic and we have not seen any consistent buying pattern in the latest pullback. Right, till now, it is just a pullback and the rally is acutely vulnerable to further fall since one category of major players—the FIIs—are hardly playing ball on the long side. In any case, as we said earlier, we need a firm close above the 6129 – 6143 range as a confirmation of a real uptrend even if for the short term. Today, any sustained campaign below 6030-level would prompt the Nifty to retest 6000 – 5975 range again.


Most critical levels for the day: 6030 – 6045

Strong resistance: 6063 – 6091

Major resistance:
ranadeep ghoshal: Most critical levels of the day: 10205 – 10238
Strong resistance: 10270 – 10316
Next strong resistance: 10360 – 10407
Major resistance: 10560 – 10625
Strong support: 10130 – 10010
Major support: 9910 - 9850

Bank Nifty (10205.20, -26.45, -0.26%)

We are now quite skeptical about this recovery; we tend to think we are headed to see another fall here shortly. Unless the Bank index clears the supply zone between 10209 and 10238—levels, we are likely to see the bears mounting a fresh offensive. Till such time, the above levels are taken out, we should not be expecting further higher technical levels. On the contrary now, any fall below 10010 or even 9850 eventually could bring in the onset of a medium term downtrend in banking stocks.
ranadeep ghoshal: Most critical levels of the day: 10205 – 10238
Strong resistance: 10270 – 10316
Next strong resistance: 10360 – 10407
Major resistance: 10560 – 10625
Strong support: 10130 – 10010
Major support: 9910 - 9850

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

07.02.2014 LEVELS~~~!!

sell eurinr at 84.78 sl 84.82 tgt 84.67--84.60---84.49

buy eurinr 84.82 sl 84.78 tgt 84.93--84.99--85.10

sell usdinr 62.69 sl 62.72 tgt 62.60--62.54--62.45

buy usdinr abv 62.72 sl 62.69 tgt 62.81--62.86--62.95

BUY BANKNIFTY FUT AT 10182 SL 10156 TGT 10251----10294---10363

SELL BANKNIFTY FUT BELOW 10156 SL 10182 TGT 10087--10044--9975

BUY NIFTY FUT 6023.90 SL 6005.30 SL 6072--6102--6151

SELL NIFTY FUT 6005.30 SL 6023 TGT 5956--5926--5877

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

MARKET GUPSHUP

Nifty (6022.40, +21.50, 0.36%)

The index is showing some signs of revival despite its failure to close above the 6030-mark. We have seen some good buying by domestic institutions while the FIIs continue to be sellers in the index future and cash segments both in large amount to offset an otherwise substantial buying by their domestic counterparts. Now, as we said yesterday, the index needs to clear 6025 – 6050 supply zone decisively to show that the pullback does have some more strength left to march upward.

Most critical levels of the day: 6025 – 6050
Strong resistance zone: 6065 – 6078
Major resistance zone: 6095 – 6129
Strong support: 6000 – 5976
Major support: 5943 – 5890

Bank Nifty (10231.65, +40.45, +0.40%)

The bank index needs to get past 10213 – 10255 today at the earliest to show real signs of strength and it also should not fall below this range to suggest that the pullback rally does have some real steam. It is very much due for a substantial pullback for a test to levels close to or above the 10500-mark. It also attracts bargain hunters and value seekers to buy whenever it comes close to 10100 – 10000 support area.
Most critical levels of the day: 10213 – 10255
Strong resistance: 10370 – 10435
Major resistance: 10560 – 10625
Strong support: 10130 – 10010

Major support: 9925 - 9860

NEW NIFTY PAIR FOR FEB

6200 CALL BUY @ 34
5800 PUT BUY @ 43

TOTAL PAID 34+43=77

TGT DBBL

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!

NEW PAIR FOR BANKNIFTY FEB MONTH

BUY BANKNIFTY 10600 CALL AT 134
BUY BANKNIFTY 9700 PUT AT 125

TGT DBBL HOLD TILL EXPIRY

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!

04.02.2014 TRADING LEVELS~~~~!!!

SELL USDINR 62.98 SL 63.05 TGT 62.80---62.69--62.51

BUY USDINR 63.05 SL 62.98 TGT 63.23--63.34--63.52

SELL EURINR 85.04 SL 85.11 TGT 84.86---84.75--84.58

BUY EURINR 85.11 SL 85.04 TGT 85.29--85.40--85.58

SELL GBPINR 103.09 SL 103.32 TGT 102.48--102.11--101.50

BUY GBPINR 103.32 SL 103.09 TGT 103.93--104.31--104.92

SELL JPYINR 61.96 SL 62.07 TGT 61.67--61.49---61.20

BUY JPYINR 62.07 SL 61.96 TGT 62.36--62.54--62.83
SELL BANKNIFTY FUT 10197 SL 10222 TGT 10133--10093---10029

BUY BANKNIFTY FUT 10222 SL 10197 TGT 10287---10327--10391
SELL NIFTY FUT 6061 SL 6077 TGT 6021---5995---5955

BUY NIFTY FUT 6077 SL 6061 TGT 6118--6143---6184
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!