Friday, February 26, 2010

TREND WATCH-MARCH 2

· In the medium term,
--- Nifty is in up trend (from 26th Feb.) with targets of 4990**, 5070, 5150.
--- The up trend will ‘terminate’ below 4784.

· In the short term,
--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960**.
--- The up trend will ‘terminate’ below 4834.

(Targets are +/- 20 points, ** means target achieved)

INTRADAY WATCH-FEB 26

· Nifty made high and low of 4880 and 4835 on last trading day.
· Trading above 4871, up move will be seen up to 4890, 4910, 4930. Above 4930, further up move will be seen up to 4960, 4990, 5020.
· Below 4835, correction will be seen up to 4820, 4800. Below 4800 further correction will be seen up to 4780, 4750, 4720.

Monday, February 22, 2010

TREND WATCH-FEB 23

· In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4930.

· In the short term,
--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900**, 4960.
--- The up trend will ‘terminate’ below 4805.

(Targets are +/- 20 points, ** means target achieved)

Tuesday, February 16, 2010

Trend Watch-Feb 17

TREND WATCH------


• In the medium term,

--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.


• In the short term,

--- Nifty is in uptrend (from 11th Feb.) with targets of 4880**, 4900, 4960.
--- The up trend will ‘terminate’ below 4784.

(Targets are +/- 20 points, ** means target achieved)

Friday, February 12, 2010

FOR FEB 15

TREND WATCH------
• In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.
• In the short term,
--- Nifty is in uptrend (from 11th Feb.) with targets of 4880, 4900, 4960.
--- The up trend will ‘terminate’ below 4748.

(Targets are +/- 20 points, ** means target achieved)

FUND FLOW- FEB 11------

• FII in cash market: + 212 cr

• DII in cash market: + 61 cr

• FII in Index Fut: + 675 cr (open interest -22000 contracts)

• FII in Stock Fut: + 293 cr (open interest -3100 contracts)

(From www.nseindia.com)


DERIVATIVE CUES----

• Nifty February future discount converted in to premium of 2 points so cost of carry increased. (Bullish)
• Nifty open interest decreased by 13 lacs suggests short covering. (Total OI now at 3.18 cr )
• Nifty calls shed 17 lacs and puts added 19 lacs in open interest. (Bullish)
• Nifty open interest put-call ratio is at 1.05.
• 4800 puts had open interest of 61 lacs ( + 8%) and 5000 calls had open interest of 60 lacs ( - 7%), so 4800 and 5000 will be important levels to watch for.
• India VIX closed at 28.81, decreased by 5.7% suggests stability. (Bullish)
• In Nifty stocks, advance-decline ratio is 44/6. (Bullish)

Thursday, February 11, 2010

TIME TO BE BULLISH??



CHART TAKEN FROM http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1606987&cmd=show[s68785462]&disp=P



CHART TAKEN FROM http://www.icharts.in/charts.html

Trend Watch-Feb 11

In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.

In the short term,
--- Nifty is in downtrend (from 5th Feb.) with targets of 4780**, 4730**, 4690**.
--- The down trend will ‘terminate’ above 4827.

In the immediate term,
--- Nifty is in corrective up move (from 8th Feb.) with targets of 4790**, 4820**, 4845**.
--- The up move will ‘terminate’ below 4739.

Wednesday, February 10, 2010

FUND FLOW- FEB 10

FII in cash market: -209 cr

DII in cash market: +459 cr

FII in Index Fut: +879 cr (open interest -23000 contracts)

FII in Stock Fut: +307 cr (open interest -6000 contracts)

From www.nseindia.com

TREND WATCH- FEB 10

· In the medium term,

--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.

--- The down trend will ‘terminate’ above 4951.

· In the short term,

--- Nifty is in downtrend (from 5th Feb.) with targets of 4780**, 4730**, 4690**.

--- The down trend will ‘terminate’ above 4949.

· In the immediate term,

--- Nifty is in corrective up move (from 8th Feb.) with targets of 4790**, 4820**, 4845.

--- The up move will ‘terminate’ below 4739.

Tuesday, February 9, 2010

FUND FLOW- FEB 9

FII in cash market: -525 cr

DII in cash market: +399 cr

FII in Index Fut: +1135cr (open interest -44000 contracts)

FII in Stock Fut: +116 cr (open interest +292 contracts)

From www.nseindia.com

FUND FLOW- FEB 8

FII in cash market: -935 cr

DII in cash market: +381 cr

FII in Index Fut: -295 cr

FII in Stock Fut: -5 cr

From www.nseindia.com

TREND WATCH-FEB 9

In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.

In the short term,
--- Nifty is in downtrend (from 5th Feb.) with targets of 4780**, 4730**, 4690**.
--- The down trend will ‘terminate’ above 4949.

In the immediate term,
--- Nifty is again in corrective up move (from 8th Feb.) with targets of 4790**, 4820, 4845.
--- The up move will ‘terminate’ below 4675.

Sunday, February 7, 2010

FUND FLOW- FEB 6

FII in cash market: -28 cr

DII in cash market: +32 cr

FII in Index Fut: +12 cr

FII in Stock Fut: +8 cr

From www.nseindia.com

Saturday, February 6, 2010

Trend Watch- Feb 8

In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.

In the short term,
--- Nifty is in downtrend (from 5th Feb.) with targets of 4780**, 4730**, 4690**.
--- The down trend will ‘terminate’ above 4949.

In the immediate term,
--- Nifty is in corrective up move (from 6th Feb.) with targets of 4785, 4810, 4835.
--- The up move will ‘terminate’ below 4692.

Friday, February 5, 2010

FUND FLOW- FEB 5

FII in cash market: -1726 cr


DII in cash market: +1169 cr


FII in Index Fut: -1929 cr


FII in Stock Fut: +177 cr


From www.nseindia.com

Trend Watch-Feb 6

In the medium term,
--- Nifty is in down trend (from 5th Feb.) with targets of 4740**, 4600, 4460.
--- The down trend will ‘terminate’ above 4951.

In the short term,
--- Nifty is in downtrend (from 5th Feb.) with targets of 4780**, 4730**, 4690**.
--- The down trend will ‘terminate’ above 4949.


**targets achieved

TREND WATCH- FEB 5

In the medium term,
--- Nifty is in corrective down move (from 21st Jan.) with targets of 5010 (achieved), 4950 (achieved), 4890 (achieved).
--- The down move will ‘terminate’ above 4951.
--- Nifty will be in medium term downtrend below 4766 with targets of 4740, 4600, 4460.

In the short term,
--- Nifty was in downtrend (from 21st Jan.) which is terminated.
--- Nifty will be in short term downtrend below 4814 with targets of 4780, 4730, 4690.

In the immediate term
----Nifty is in corrective up move (from 29th Jan.) with targets of 4910 (achieved), 4930 (achieved), 4960, 5010.
--- The up move will terminate below 4814.

FUND FLOW- FEB 4

FII IN CASH MARKET: -155 cr

DII IN CASH MARKET: +241 cr

FII IN INDEX FUT: -196 cr (Open Interest: +9000 contracts)

FII IN STOCK FUT: -342 cr (Open Interest: +7000 contracts)

From www.nseindia.com

Thursday, February 4, 2010

NIFTY IN TRIANGLE



--Nifty is in triangle and any breakout from it will provide trading opportunity.

FUND FLOW-- FEB 3

FII IN CASH MARKET--- +396

DII IN CASH MARKET--- +1

FII IN INDEX FUT--- +2447

FII IN STOCK FUT--- +452

Wednesday, February 3, 2010

NIFTY TREND WATCH-FEB 4

In the medium term,
--- Nifty is in corrective down move (from 21st Jan.) with targets of 5010 (achieved), 4950 (achieved), 4890 (achieved).
--- The down move will ‘terminate’ above 4951.

In the short term,
--- Nifty was in downtrend (from 21st Jan.) which is terminated.

• In the immediate term----Nifty is in corrective up move (from 29th Jan.) with targets of 4910 (achieved), 4930 (achieved), 4960, 5010.
--- The up move will terminate below 4814.
--- Above 4951, up move will convert into short term uptrend.

Tuesday, February 2, 2010

Nifty Trend Watch-Feb 3

In the medium term,
--- Nifty is in corrective down move (from 21st Jan.) with targets of 5010 (achieved), 4950 (achieved), 4890 (achieved).
--- The down move will ‘terminate’ above 4951.
In the short term,
--- Nifty was in downtrend (from 21st Jan.) which is terminated.
In the immediate term
----Nifty is in corrective up move (from 29th Jan.) with targets of 4910 (achieved), 4930 (achieved), 4960, 5010.
--- The up move will terminate below 4766.

Monday, February 1, 2010

Nifty Trend Watch-Feb 2

In the medium term,
--- Nifty is in corrective down move (from 21st Jan.) with targets of 5010 (achieved), 4950 (achieved), 4890 (achieved).
--- The down move will ‘terminate’ above 5292.
In the short term,
--- Nifty is in downtrend (from 21st Jan.) with targets of 5090 (already achieved), 5020 (achieved).
----The down trend will ‘terminate’ above 4930.
In the immediate term
----Nifty is in corrective up move (from 29th Jan.) with targets of 4910 (achieved), 4930, 4960, 5010.
--- The up move will terminate below 4766.