How the Stock Market will perform in coming week?

Dear All,

As per the my prediction market goes down up-to level 5690 which i was predicted last to last week!

So, People those who have taken its advantage, congratulations!

Now, we are on crucial supports, of uptrend line, and RSI and Stochastic are also below 30, this week may bull can make a good party upto the level of 5930, yes, people can get up to 200 points gain in this week, but if market closes below 5668, then you will be the victim to a great fall up to 5300. When we compare Dow Jones chart with Nifty chart, we can say, we are safe right now, but on crucial supports, market will remain in the range of 5690 to 5930 this week, but remember one thing, this is a purely traders market now, if you want to invest for long term period, this is not a right time for long term, so enjoy the trading by watching charts and making money. 

From Laxmi Pujan, all the time, Bear overpowered the market for last 3 weeks, so this week bear may enjoy the holiday, so that greed gets created!! lets have fun with Bull if market is above 5668......................

Watch out All reality stocks, they will give us good gain in this week!!!

Nifty Support: 5690 - 5668 - 5639

Nifty Resist: 5828 - 5883 - 5906

Intra-day Stocks:

1. City Union: Long Position, Key Reversal Pattern
2. IRB Infra: Long Position, Key Reversal Pattern
3. Panacea Bio: Long Position, Bullish Kicker
4. Adani Enter: Long Position, Window Pattern, (Risky Trade)
5. Bajaj Hind: Long Position, Double bottom, (Risky Trade)
6. BGR Energy: Long Position, Market News, (Risky Trade)
7. Guj Fluoroch: Short Position, Bearish engulf
8. IDBI: Long Position, (Risky Trade)
9. JP Power: Windows Gap
10. KGL: Short Position, Bearish Kicker
11. LIC: Good to buy LIC at the level 820 to 870
12. Rcom: Long Position, Double Bottom, (Risky Trade), On monday if rcom's open and High are same, then go short, target is 108, but open and low is same then rcom has taken major support of 130
13. Suzlon: Long Position, (Risky Trade)
14. Unitech: Long Position, (Risky Trade)

F & O Stocks:

1. Apollo Tyres: Short Position, Bearish Engulf
2. Balarampur Chini: Long Position, Spinningtop at bottom
3. Bank Nifty: Long Position, Spinningtop at bottom
4. BankIndia: Long Position, Key Reversal pattern at bottom
5. Hind Petro: Long Position, Spinningtop at bottom
6. HDIL: Long Position, Risky Trade
7. NTPC: Long Position, Risky Trade
8. RNRL: Short Position, Bearish Kicker
9. TataPower: Long Position, Bullish Kicker

Delivery Stocks:

No Stocks

If you have any query please get in touch with me.

Anagha Bhave

Technical Analyst

Aabhineesh Total Solutions.

1st Floor, Gajanan Krupa Apt,

Sadashiv Peth, Near Nagnath Par,

Pune 411030.

94 202 14 800