TOUGH DAY

Markets pleased to deceive today by not sustaining 4400 NS levels and the slow unwinding took its own time bringing the markets down to the support zone of 4250 app.. So what do we have now..close of today is at 4290 ( We are now testing the lower range of 4300-4500) any more fall from here can take us all the way to 4220-30 zone again..resistance now lies around 4340 zone ..Trade with care in the coming days in case 4220 breaks ..enjoy the day cheers..

RANGE BOUND TRADE

Global markets are positive, Range for us is set at 4300-4500..the bias is towards the positive side as of now ( 4250 support held well a few days back ), Swings will be available to savvy traders for good intraday gains..Trade accordingly..cheers

EVEN STEVENS DAY

Markets just abt. kept the consolidation mode today giving away nothing nor gaining anything ..The morning dips bought into & late afternoon sold off quickly..4450 will remain a feed area above which is 4510..supports at 4290-4310 ..It was a great trading day again, which gave sufficient gains due to the Big Swings Intraday..Volatality will surely be the key in the coming days .take care enjoy the day..cheers.

WEEK AHEAD

Markets took support around 4250 zone and rallied from there after FII buying came in..4300 zone is S/R area for this week with targets around 4430-50 to start with. A Event is again there by the coming week of the budget & cross of 4450 can take the 4550-4600 zone again..& break of 4300 takes us all the way to 4150 or below..Trade accordingly cheers..

SPECTACULAR RALLY

Markets just about discounted every thing..(FII selling , bad moonsoon etc etc ) to move slowly but surely from supports of 4250 zone ..to the resistance zone of 4405-4450..with supports now at 4350 and 4290.. 4290 is turning out to be the key area for short term traders to trade..Shorts did get caught today , and their covering kept taking markets higher...Very interesting turn now ..we are close to last months close of 4446 and 2 days trading still left..enjoy the weekend..cheers

NEW SERIES

June series closed on a negative note..FIIs still net sellers everyday..Every rise is being sold into now..For today range..look for 4280-4290 on the higher side and 4220-4200 on the lower side ..Markets may move in a narrow range before they make a move..use 4250 as S/R..enjoy the day cheers..

SWINGING MATCH

Markets almost took to the range 4250-4350 as mentioned by me, Great swinging day again, though markets did nothing for most part of the day after open7 the initial slide , Till the last move down..( we too did nothing after the intial trade due to the very narrow range of the market , today seemed to be a rest day ..)The point to be noted here by techno guys .. is that we are closing BELOW LAST MONTHS settlement of (4337) & may end up closing below last months close 0f (4448).. too..This has happened after many months and does have a Technical signature ....lets look deeper into this over the weekend..enjoy the day ..cheers.

SETTELMENT DAY

Markets tested low around 4220, made a higher low to 4143 , moved on to close at app. the high point of the day..( swing trading worked well again )..Retracements were to take us to app. 4400 zone over 4290....4290 is the zone to watch again for support while resistance being first at 4350 then at 4405 range..Last trading day could be volatile so Trade accordingly..enjoy the day ..cheers

MARKET SWINGS

Today again the Markets gave very good swings UP/DOWN/UP..giving ample opportunity to techno savvy traders to go in BOTH DIRECTIONS and take good gains..Well 4220-4300 was the App. range of the day and the market just about did that..The range may extend to 4250-4350 now..enjoy the day cheers..

SETTLEMENT BLUES

TWO days to settlement..cues are soft FII's still selling..(they hv. been selling from the tops )Where are we headed..4225 should be S/R for today with resistance around 4290-4300 or supports around 4140-50, Wild swings would surely help the technical swing traders with good gains intraday...Trade accordingly ,,cheers

ANOTHER TRADING SYSTEM

Many friends visiting here have been enquiring about our Sample trading calls/systems.. I am posting another chart /trading system we use for our positional/intraday calls for Nifty futures/options..This clearly explains how the markets traded from the top of 4693 till todays low of 4143..The chart is self explanatory and gives clear signals of BUY/SELL..(Pure Technicals) we do also use a few more charts/parameters /systems in our day to day trading and calls for optimising profits for our clients.. (As per this system in case if CROSS OVER takes place here upwards ,we will move towards the PINK LINE..)...Hope this awnsers everyones querries...enjoy the day Cheers..
PS:Do join us in our paid service in case you are still struggling daily with nifty futures & options and and are unable to figure on directions and levels etc ..
We are now offering special services for HNI's & BULK NIFTY FUTURE/OPTION players.
You can also learn technicals from us thru the NET during weekends to trade youself like a PRO.

ANOTHER INTRA TRADING DAY

A very good day again today for intraday traders..Markets fell hard to bounce back & forth around yesterdays close. 4150 provided the much needed support in the morning, though 4280 in NS could not be achieved intraday..Markets are nervous still and it seems on every rise unwinding is taking place. 4200-4250 zone is very important now for BULLS to protect otherwise we can go much deeper down , as still lots of profits on the table..Tomorrow is another day and intraday tech traders must be all smiling at the HUGE SWINGS..they r getting everyday in INTRA trades..cheers..

SELLOUT ALL OVER

Global cues suggest a gap down ( SGX NIFTY is down)..Break of 4200 (our range was 4200-4300-4400) should take us to 4150-4100 around..almost 600 points from the Top..supports lie at 4150 and deeper at 4090..some select trading/delivery buying can be done on these good dips for gains on the bounce.happy trading....cheers

STILL WEAK

Markets it seemed pleased to deceive today in the opning session..opened up then traded lower & lower all through the day..closing literally at the lows of the day..Well I had written in the blog on saturdays post of WEEK AHEAD that below 4300 ...tricky & caution..( hope it helped friends visiting here)We are approaching 4200 zone , lets see whether this holds or not..Only above 4300 Markets can show some strength..Another day of good swing trading..enjoy the day cheers..

TRADE WITH CARE

Range for this week should be around 4200-4400..Break either way can take markets 150-200 points..As this is settlement week ,Volatality maybe at the fore , so trade carefully & in the direction as swings could be big....enjoy the day..cheers.

THE WEEK AHEAD

The week gone by was full of excitement going down & with good intraday swings . Next week is settlement week and we can expect volatality also..The speed with which it recovered from the 4200 levels would have caught a lot of bears by surprise..Thats markets my friends ..Technically speaking the market was giving huge POSITIVE DIVERGENCE all through the day till the very end or lows.. implying clearly that it will bounce back very hard....& thus the gains for TECHNO SAVVY PLAYERS players ..The area to watch next week is 4400..We will climb back to 4500 maybe in case we stay over this zone ..below 4300 levels its tricky AREA again for test of low or below....enjoy the weekend..cheers..

GREAT TRADING DAY

Markets traded on the dot ..4200-4300-4400.....worked beautifully, technically speaking with great intraday swings..(once again ALL OUR CLIENTS closed this week with very good gains).. This is just technicals..Hope the range I gave has helped all visiting here also..Shorts seemed to be covered in a hurry and after many days, we broke a high swing finally (4311)..in intraday..which indicates more upside ..The next day or so is crucial , watch 4290 in close again for any weakness , till then the baby bears will keep wondering what happened today that caused this Superfast Reversal.. enjoy the weekend , will try to post thoughts during the weekend for trade ahead..keep visiting...cheers

PS: ..To join our service do send us a E-mail or call or chat up..

RANGE BOUND

Markets should be range bound after this huge jerk they gave in the last few days..4200-4400 could be a range as of now with 4300 as S/R..Be patiant..that will be the key???? , who knows whats in store in coming days- weeks, we are still much much over the March Lows....cheers..

PROFIT BOOKING STILL ON

Nothing much to write about todays mayhem, except if you had booked last week at top,we are app. 500 points down now , today was the day to deploy some of that money for a trading bounce..anyhow..4200-4180 is a good support zone below todays low and 4405-4445 will give resistance..we are oversold so bounce can be expected..INTRADAY SWINGS are giving good returns to technical traders ..enjoy the day cheers

PS: thanks guys for ur enquiries..keep visiting..

CAUTIOUS AHEAD

Markets gave the much awaited JERK, ruffling quite a few DIEHARD BULLS..Can it be another buy in dip market..????The next few days will tell only,Only cross of 4520 now will be a BULLISH MOVE..& for now It could just be a sell in rally..4350-4450 is the range now which will be broken either way....enjoy the trades..cheers..

PS: The note of caution given from last week in this BLOG of the MAJOR STAR going retro & the JERK around the corner..must have helped all of you visiting here..Keep visitng or join our service ...

WHAT A JERK ??????

Markets just about rose to deceive..( Had clearly written today morning that 4500 is the key S/R for this market...hope ppl. benefitted with this call)..Have been writing continuously in the blog from the last few days that a GOOD JERK is round the corner..Today was a REAL big one..Hope friends visiting here had unwinded in time & will be in cash to buy when this fall stops...The fall from the top is over 360 points in nifty..Watch around 4300 or below it where we could be oversold for some bounce back..Best stratergy will be to watch & see & do selective picking of your favorite stocks for delivery with this fall.. ..enjoy the day..cheers..

SOFT CUES

Markets did give an opportunity yesterday to go light for a few days and trade in the Direction in the coming days..4500 now is a KEY area to be used as S/R..The range should be 4450-4550 for the market today , before they take a decesive step on either side..Careful in your trades in case Fii's are Unwinding Longs..enjoy the trade ...Cheers..

TRADING DAY AGAIN

The JERK of the GAPDOWN came today..Markets did take support around 4400 zone to bounce above 4500 as had written in the morning..Perfect trading day of good gains for intraday traders.. ..4550 is a resistance zone & 4450 a support now..enjoy the day ..cheers..

SELLING ALL OVER

Markets are selling all over, the loaded markets are finally succumbing to profit taking, The new high was a classic TRAP at top as Markets like to catch the Babies (Bulls or Bears) at the tops & bottoms..Watch 4400 area around for maybe a small bounce back ..4510 now becomes a resistance zone..Trade cautiously as volitality will creep back & markets can hit & break any number of supports too..Wait watch will be the keylet markets stabalise....enjoy the day.. cheers.

INDIAN UNITY

Seems we Indians have great unity , we just followed our T20 Team today( spiralled down )..Unwinding was the key, though RIL being soft added to the fall..We did take a support near 4510 and bounced back some good 80 points, to get a huge unwinding JERK again..Well the Market today again was a traders paradise..with a TWO way SWING's..Both BULLS & BEARS went home happy..Below todays low 4400 area is a watch area.enjoy the day ..cheers..

STARTING SOFT

Cue's not very encouraging..( Indain T20 Team too hit the dust)..Weekly range could be 4400-4750, Profit taking on every rise will be routine ,,,,4510 is a support zone to watch..Can it still be in a range bound intraday swing like days before...Maybe yes..but be very careful of the sudden JERK which can happen both ways...The size of the DIPS will be the cue to markets ahead..watch that and VOLUME/TURNOVER closely this week's for Trading stratergy..Happy trading..cheers

FANTASTIC TRADING DAY.

Once again markets gave a Perfect Intraday Trading Day..( Our Clients went home into the weekend with huge smiles)..On the cue markets started selling off near 4700 top & stopped somewhere near the 5 SMA..below 4600...As i have been saying its become a traders paradise with Both way Swings ..Markets are nervous and volumes downwards are higher than upwards..also falls are now becoming faster than the rise..Lets see how things pan out globally..till then enjoy the technical intraday trades & profits..enjoy the weekend..cheers..

FLAT CUES

Markets globally are just about flat, not getting enough inputs for further rise on these heights..QIP's are in place....Trading these days is (good fall quick buy& sell) ..range bound ..Todays Range to trade could 4600-4700 (+ _ 50 points)..INTRADY TRADING is KING right now..enjoy the swings and make money till this lasts..cheers..
PS.: A major star turns retro next week..lets see its impact..

CONSOLIDATING

Markets did just about the consolidation game, with the CLASSIC ..JERK ..of the heights.. What next..app 4600-4650-4700 range is set..nothing much to do except ride the breakout , and in the direction....Care should be taken while trading in coming days to trade with strict SL...enjoy the day cheers

CONSOLIDATION AHEAD

Markets should take a pause after 2 solid days of gains..Some unwinding did take place yesterday at the peak..4740 is a watch zone over yesterdays top and 4610 as support..Market may trade in a band for a day or so and then see ahead from next week..Caution is advised though MONEY & MOMENTUM has made a MOKERY of all fundaments & technicals so far..still use technicals and play intraday ..enjoy the day..cheers

SURGING AHEAD

Markets opened higher and frenzied short covering took it zipping away in no time...Please note markets have crossed the OLD SWING of 4649( August 08)...and closed over it..( FROM YESTERDAYS LOW 300 POINTS PLUS) Markets will always remain bullish over this level...The NEXT SWING or swings over this are far away..The intraday unwinding also was quick & swift..so care should be taken in longs in the next day or so..enjoy the day ..cheers..

BULLISH STILL

First of all thanks for the response to the TRADING SYSTEM I posted.. Will try to reply as soon as possible with details..
The markets closed at threshold of 4550 again yesterday..Asian markets are positive..We should watch 4590-4607 closely over which 4650 again become a top. Supports now lie at 4510 app. levels.Plainly speaking Its becoming difficult to say what will happen tomorrow..The WHACKS are HARD, sudden with surprise..so are the recoveries..This will end on one side one of these days..When & from where who knows..Be a intraday trader & play the range..its 4400-4600, +/-50 points right now.. enjoy the day ..cheers

TRADING SYSTEM CONTINUED

This is the follow up of the trading system we posted a few days back that we use As INTRADAY TRADING SYSTEM. Kindly notice the ease of going short from friday and long in the morning today..Good gains/profits as markets are giving good swings, and the trade is without any heartburns & in the direction..( Friends wanting to take trades in NIFTY FUTURES & OPTIONS without any hiccups or pain .. can Email or chat up with us.Hope this also gives the ansto all the friends who have been enquiring about our daily trading system. and calls )we use a few more charts for daily and positional trades..

Coming to the markets well it did take support app. at the area i mentioned in the morning ie 4365 , halted/turned and then went strength to strength crossing 4450/4509 closing over 4550..Where it heads from here ..well the next few days & global cues will tell..enjoy the day cheers

A GOOD JERK

Money making had become VERY easy, and the JERK was round the corner( BABY BULLS WERE VERY EXCITED..SMART BULLS TOOK PROFIT) the huge bullish calls were in the AIR..... The fact is within a day we are 250 points away from the top of FRIDAY afternoon...GLOOMY ..As falls are fast furious also who knows where this will end..Pls.. note that failure to cross 4509 will confirm that the correction of the whole move has started..small supports lie in zone of 4360-80 zone & resistance for the day at 4450....enjoy the day cheers..
PS: hope friends remember the fibonnaci sequence footprint i wrote about a few days back.

PROFIT TAKING DAY

Our Markets went into profit taking right from the word go today..& the Bears kept pounding the market's every rise..It clearly broke the old support of 4450 to take support at 4400..Further support maybe here or a little lower for the markets to retest its strenght again.. Break of 4350 will take markets deep down..enjoy the day..cheers..

WEEK AHEAD

The chart posted during weekend of monthly candles showed a SWING of 4650 app. from before and on friday we stopped at 4636..Cross of these SWINGS will quickly move the markets ahead (4750-4800)..4450 remains strong support as of now..4600 APP. seems to be the S/R of this week..Trade accordingly..cheers..

TRADING AHEAD..MONTHLY CHARTS

The above MONTHLY Chart is self explanatory..The blue lines are the SPEEDLINES of Market movements connecting the top (2008 jan.) & a bottom 2539( 2009 Mar.)..Which is showing a tentative target of 4800..over which will be BREAKOUT..
The yellow lines ARE the Retracement targets connecting 6357-2252 NS..
The red lines are again the SPEEDLINES connecting bottom 2539- to 4636 yesterdays top .These lines show a possible retracement we may get in near future in case we are near a top..Take the trades in the Direction of the market in the coming days and weeks and hope the above chart helps all in Tentative levels markets may achieve in BOTH the directions..enjoy the weekend..cheers..

RALLY TODAY 3 MONTHS..LOW TO HIGH

Markets have completed 3 months today from LOW TO HIGH & looked to be having VERTIGO , slipping hard fast from every rise/high.. Distribution was very evident today with profit taking in small /mid caps and INDEX being held in ROTATION with SELECT stocks..So what next..Well we need influx of good funds for any move up as STOCKS now are not as cheap as they were in early March..Also MONEY MAKING from hereon become difficult with volatality setting in with nervousness..My advise to small retail investors /traders is to take a break for a few days and let the market play out..will check charts and try to post something over the weekend for trade ahead..keep visiting ..cheers..

WHAT NEXT

Markets globally are slightly positive, and as BSE sensex registered a high of 15k plus close we may see NSE Nifty too may close over 4600..Still a tight zone..and the range SET now is 4450 on the lower side and app. 4600 at the top..We will be a TAD over bought again over 4600 in Intrday..Take trades as it comes in this Trading zone..enjoy the day ..Cheers

PS: Some friends visiting have been asking for detailed reports on directions/trading etc etc. This is the best we can do on this free site..Detailed Analysis on LEVELS /TRENDS /DIRECTIONS are provided daily/weekly/Monthly for our PAID clients only..and Their funds help us maintain this site and our time..

TRADERS PARADISE

I have been mentioning last few days as to how this market has become Traders Paradise..One of the CHARTS we use daily to give our intraday calls is enclosed above , and does not need any explanations( Many parameters along with change of colours if you notice for buy/sell calls of nifty futures & options , for our clients) as anyone can see the markets turns...As the swings are big the movements are also big intraday...Hope this helps all understand the technicals of intraday trading..

Coming to our markets , well again the range trading started , it retested the lows , turned and moved back to retest highs( maybe some more juice left as per the chart above)..Right now markets are doing 4450-4590 zone..Break can rush markets 130-150 points of this range ..enjoy the day ..cheers..

CONSOLIDATING

Markets are soft all over , will keep testing their strenght & wait for fresh buying for any move up..we maybe in now for some smaller range bound trading , till one of the range levels is breached on either side..range is. 4480-4580, Technical traders, specially nifty traders are getting ample opportunities daily to trade the huge intraday movement range..enjoy the profits till this consolidation lasts....cheers..

TESTING STRENGTH

Markets are just about testing their strenght to see whether it should move up or just about unwind..Distribution seems to be the order , sectoral rotation is on..What Next???? nothing much..The range is 4480-4580..It will break either way surely soon ..till then buy low/sell high..enjoy the day...cheers..

RANGE BOUND AHEAD

Markets from here on maybe be on a consolidating mode broadly between 4500-4600, to decide on the next move..liquidity is pumping all markets ahead though valutions is worrying all the Market gurus..All seem to be riding the momentum till next key resistance and then moving ahead again despite valuations now having no meaning vis a vis earnings ...Thats the Markets for us my friends....( Same we heard around NOV-JAN 2008 before all hell broke loose)..Trade with care..enjoy the day cheers..

VOLATILE DAYS

Profit taking set in right from the word go..nice intraday correction which almost did the range I in wrote in the morning..4586-4551, nice trading zone we got of sell high /buy low, helped mainly by the technicals and the charts..Watch to trade cautiously around this zone of 4530-4600 ...some sideways consolidation and strenght test may be in offing here....enjoy the day cheers..

MOMENTUN DRIVEN MARKETS

Despite markets running on huge steam, caution should be taken at least by small/retail investers as the JERK could be sudden and severe.Keep trading but do protect yourself by playing intraday & with very strict stoploss.. Area to watch will be 4600-4620 zone , supports are deeper down at 4450-4350..Enjoy the day..cheers..

POSITIVE DAY

Markets gave the 3rd gap up, traded below the pole the whole day & finally ran up in the last hr. to close near the morning highs..4620 could be a tentative target over 4560 ..Weakness below 4510.. Most traders & Intraday players are just chasing the momentum , as no one knows when & where this party will end..follow the techs .. and trade with strict SL....cheers..

MONTH AHEAD

Markets moving up every week from March onwards ...JUNE MONTH's S/R is 4200 with a range of 4100-4600 in smaller frame and app. 4800-3800( or a little more broader range) in a larger frame.Weekly techs suggest a range of 4200 -4600, As i mentioned in my note yesterday , this week will be a very interesting week to watch moving forward( watch DOW 8600 levels closely for cues...) enjoy the trade ,but keep strict SL's. cheers