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Monday, June 16, 2008

Market view

24April-
Keep booking profits at these levels and keep cash in hand...as market may go down to 4900-4850 levels before bouncing back....
Better to do buying again at some lower level!!

25 April-
As said on 24April,Market is volatile and one must stay cautious in this market!!
Avoid too much of delivery in stocks,play intraday for earning profit and keep cash in hand!!


29 April
Above 5110,nifty is safe,and it can go to 5245-5270-5300 levels,below 5107 weak!
But stay cautious and use these rises to book profit,dont do fresh buying at these levels,as due to profit booking it may slip down from higher levels.
so stay cautious,and keep booking profit!!


30 April
Look at the accuracy,todays high for nifty is 5245.6....and we told yesterday the exact level for nifty. Njoy the accuracy to make profit!!
Njoyyy profittt!!!


2May-
Market to open with gap up opneing!


5May-
Above 5245 level, Nifty can show 5285-5300-5320 levels, support exist at 5190-5155-5135.
On lower side 5030 is crucial level,one should make this level as caution point,above this level Nifty is safe.
Profit booking can be seen at higher levels,so dont leverage!


9May-
I hope u all must b njoying the accuracy of the market view!! I told u all few days back that dont leverage,market may go down.....and look at the result urself!! So,i hope u all must have followed my advice,and must have booked all the profits before downside of mkt!
Njoyyy accuracy,njoyy profit!

12May-
All members were informed through sms,that support for nifty is 4930-4920 if breaked,then b ready for 4800,and if bounces back from support,then njoy upside!
nifty low today was 4923,and then went100+ pts. upside from there!
njoy accuracy,njoy profit!


14May-
For nifty 4920 is still a support,if sustains above this,we can see 4975-4995-5015-5040 levels, and if 4920 breaks then ready to see more downside!

15May-
See the accuracy of themarket view....see our levels for nifty..and actual levels!!!
NJoyyy accuracy,njoy profit!!!


20May-
Nifty view for this week-
Resistance 5170-5190-5220-5255-5280
Support-5120-5080-5030-4990-4950
If nifty sustains above 5100,then get ready for 5250-5300!


25May-
Nifty view for ths week-
In the current scenario,4920-4900 is still a gud support for nifty,bounce back from ths level wil lead to more upside of nifty and we can see 5050-5100+ levels thn! If the level of 4900 is breached with selling pressure....more downside cant b ruled out!Below 4900 we can see 4880-4865-4845-4815-4800 levels!
Be ready to see the insane behaviour of market!!!

1June-
Nifty view for this weeek
Support for nifty from current levels exists at 4830-4820-4800-4760,bounce back from these levels wil lead to more upside and then resistance exists at 4900-4930-4980-5000!!
4800 level wil act as a major support for market on downside!Below this huge selling pressure!


5June-
Look what i said on 1June "Below 4800 huge selling pressure"...and see the result urself!
At present market looks highly oversold,due to continuous selling by FIIs, and that is why we can see a bounce back any time...but that bounce back wont be stable,as selling pressure will again come at higher levels.
So better not to do go for long positions at highs,stay calm for some time,and wait for the right time. Use spread buying to maximise profit!
Use highs for profit booking,not for buying,as at high levels fresh selling pressure can come again!Market is safe only above 4820 levels!



9June
Dont go for long positions in this current market.Be cautious,and stay with cash. Still more downside can come!!
Below 4600 levels,we can see 4570-4520-4450 & if 4450 level is breached then b ready for fresh selling pressure!
Dont go for short selling if market is around the last support level of 4450!!


16June-
If Nifty crosses 4560-70 and sustains, then we can see 4630-4700 levels. Closing above 4710 level will lead to 4770-4800 levels!!
If unable to sustain above 4560-70...we can see selling pressure!!
Market is safe only above 4700 levels,so till then use every rise to book profits.
Dont leverage,stay with cash!!

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