18-04-2011: Bullish Trend upto 10th of May!!

Hi All,

Looking at price pattern breakout, market has to reach6008 level shortly, and may be upto 10th of May market may go upto 6300 level.

Why i am saying like this?

Market has taken wide support at the level of 5740 levels, so, if it corrected market may go upto that level, but after achieving 6300 level again, market may fall drastically, like upto 25% because of political instability and off course inflation and global market will be the main reason, but, this down move will be for short term basis, not more than a month or so... only profit booking or fresh buying you will see.

So, next few days will be very crucial for the market, everybody will make money from the market like anything.

Pivot Levels:

P: 5846

R1,R2,R3: 5886 - 5947 - 5987

S1,S2,S3: 5785 - 5745 - 5684

Technical Support: 5806 - 5748 - 5711

Technical Resist: 5861 - 5898 - 5923

Intraday Stocks:

1. CMahendra: Long Position
2. Mayur Leath: Long Position
3. Infosys Tech: Long Position
4. Mastek Ltd: Long Position

F & O Stocks:

1.  IFCI: call option 60 buy
2. Tatamotors: 1200 call option buy
3. Infosys: Call option 3100 buy
4. Aban: Long Position
5. Alok text: call option buy 25
6. Asian Paint: Short Position
7. Bharatiartl: Long Position
8. LIC: Long Position
9. Suzlon: Short Position
10. Tata comm: Long Position

Delivery Stocks:

1. DCB: Short term hold

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

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

www.niftyweeklyoverview.blogspot.com

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Tele: 020-25456310

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

13-4-2011: DII's started buying again??

Hi all,

Finally silver came down.... from 61000 to 59350, and low was 58880, for may contract. This is a good sign for cash market, crude oil also came down.

Looking at chart and considering 2 holidays in a week, there will not much more changes in the graph, but now, FII's started selling the stocks and DII's started buying the stocks, which will boost the market up.

Pivot Levels:

P: 5798

R1,R2,R3: 5818 - 5850 - 5870

S1,S2,S3: 5765 - 5746 - 5713

Technical Resist: 5805 - 5830 - 5864

Technical Support: 5755 - 5736 - 5711

Intraday Stocks:

1. Infotech enter: Long Position
2. MVL Ltd: Long Position

F & O Stocks:

1. Abirlanuvo: Short Position
2. Axis Bank: Short Position
3. Chennaipetro: Short position
4. Cipla: Long Position
5. Hotel Leela: Short Position
6. Zeel: Long Position

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

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

11-4-11: Bull and Bear: which rally will be there?

Hi All,

From last few days market was negative because of political instability. But that gets settled down on Saturday which indicates strength of the market, so, for time being market was on bearish mode, but tomorrow onwards market will be more on positive side. 

Tomorrow market may open on positive note, after that due to profit booking, it may drag down for a while, but overall market may be in bullish mood, as there was a boosting decision taken by government.If market manages to stay above 5920 level then it may touch the level of 6000 shortly.

Concentrate on pharma and Oil stocks, and off course banking stocks also.

Pivot Levels:

P: 5863

R1,R2,R3: 5905 - 5969 - 6010

S1,S2,S3: 5800 - 5759 - 5695

Technical Support: 5822 - 5810 - 5778

Technical Resist: 5864 - 5886 - 5926

Tomorrow's trading session will decide the market direction, so, its safe to play in nifty rather than stocks, till that point, once the direction gets fixed, then logic in trading in stocks, till that point of time trade in nifty future, its safe game who are having holding capacity.

Sincerely,

Anagha Bhave

[Technical Analyst]

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

8-4-2011: Market will be bullish Or Bearish Today?

Hi All,

After a long time.... 

Market has a good rally from last few days, it settles down at the level of 5800 - 5920 level, now, will it break the 5800 level, easily or it will remain above this level lets check out with the chart.

Market has a resistance at the level 5910, if it remain below this level, then market may touch level of 5650. If market manages to close above 5910 level, then that will be bullish sign and market may touch 6300 in short period. So, watch out the levels.

Looking at FII & DII Data, DII people were scared about political instability and because of this profit booking is there.

In the month of April, FII's people always are the strong buyers, but, surprisingly, they are buying in Equity market and Selling in Future market, so, these people also, scared about political instability in the market, which will suggest us that market will be in the range of 5650 - 5910, either of the breakout will decide the market direction, till  that point, traders will be more happy because of both side gains.

Pivot Level:

P: 5886

R1,R2,R3: 5905 - 5926 - 5946

S1,S2,S3: 5866 - 5846 - 5826

Technical Supports: 5866 - 5842 - 5810

Technical Resist: 5906 - 5944 - 5967

Intraday Stocks:

1.  

F & O Stocks:

1.  

Delivery Stocks:

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

Sincerely,

Anagha Bhave

[Technical Analyst]

9922944434 / 9922942422

Precise Analysis Pvt Ltd.

Flat No: 7, 2^nd Floor, Indraprastha Apt, Near Ambar Hall,

Mayur Colony, Kothrud, Pune 411038

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com