Market is chooppy??? Bullish or bearish??

Hi All,


After a long days... -:)


Nifty is in range bound of 5320 to 5600 level, it has major resistance at the level of 5600, and a crucial support at  5329 levels.


Looking at political instability market will be more dicey for next couple of days.
But if we trade stock specific then market will give us a good return.
Tomorrow market will open slightly up but gradually it may fall down to 5484 level. If political instability remains as it is, then it may fall further, so, those are long in the market can book profit in the initial levels itself.


Pivot Levels:
Pivot: 5543
R1,R2,R3: 5579 - 5641 - 5676
S1,S2,S3: 5481 - 5445 - 5383


Technical Resist: 5565 - 5604 - 5628
Technical Support: 5507 - 5489 - 5459


Intraday & F & O Stocks:
1. Sun TV: Long Position
2. Tatamotors: Long Position, call option 1050, 1100 buy for intraday

Delivery stocks:
1. Calsoft: medium term hold
2. Gul alki: Short term hold


Intraday stocks means you don't have to follow it blindly, please apply intraday strategies which i usually taught you in the lectures.

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

99 22 944 434 / 99 22 942 422

Anagha@preciseanalysis.com; Anagha@aabhineeshsolutions.com

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

30-03-2011: What will be the market today?

Hi All,

Market is making huge runs with lots of sixes and boundaries??? Will it continues till 6000 level? From last 6 days market is bullish and FII's and DII's buying quantity is also huge!!

Looking at this market conditions, market will easily touch 6000 level!! But last trading session, there were profit booking also, by DII's, so, today, market may open on gap down basis, it may fall up to the level 5650, but after that it will gradually rise at the end of the day, market will be more dicey, and both side move will be possible for tomorrow.

As mentioned in the last blog, keep eye on pharma, banking and financial stocks, which has given 30% rise in only 10 days, congratulations, those who have follow the blog....

Pivot levels:

P: 5729

R1,R2,R3: 5777 - 5818 - 5867

S1,S2,S3: 5687 - 5639 - 5598

Technical Resist: 5770 - 5801 - 5833

Technical Support: 5711 - 5686 - 5645

Do not trade stocks for next 2 days, as market is very dicey, so, better to trade in index rather than stocks.

If you have 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

25-03-2011: Today who will win the battle Bulls OR Bear??

Hi All,

As per the prediction, market was bullish yesterday. Today market may open on flat note, and then it will gradually increased with a target of 5600+, as market has given up flag breakout, because of slightly profit booking of trader, market may fall up to yesterday's median that is 5512. But over all market will be bullish.

Concentrate on Bank Nifty and Banking stocks, even Finance related stock also.

Pivot Levels:

P: 5516

R1,R2,R3: 5536 - 5548 - 5568

S1,S2,S3: 5503 - 5483 - 5470

Technical Resist: 5563 - 5608 - 5664

Technical Supports: 5501 - 5484 - 5445

Intra-day stocks:

1.  Ador Fontech: Long Position
2. BHEL: Long Position
3. Chambal: Long Position
4. Glaxo: Long Position
5. Jindal Cotex: Long Position
6. Prakash Ind: Long Position

F & O Stocks:

1.  Aban: Long Position
2. ABB: Short Position
3. Asian Paints: Short  Position
4. Balarampur chin: Short Position
5. Infosys Tech: Long Position

Delivery Stocks:

1. APIL: Short Term Hold
2. CPIL: Short Term Hold
3. Glaxo: Medium term hold
4. Godrej Ind: Medium term hold
5. Prakash Ind: Medium term hold
6. Unitech: Long term hold

If you have any problem 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