Nifty Outlook for - 07-sept. 2012

Yesterday the trend was CONFUSION TREND In Sep series Nifty future shed 9.45 lakh position in Open Interest and this accounts to -5.3 % of Total Open Interest in Sep series.The Nifty Sep series is trading at 22.7 Rs premium to Underlying . In derivative cumulatively for all series contract Nifty future net shed 8.69 lakh position in open interest and this accounts to -4.54 % of Total Open Interest in all series and cumulatively trading in average premium of 51.55 Rs to Underlying. The open interest is also not increasing with trend so be careful..

At current price strike the activity is tilted to put side but writing of call is slightly increasing at 5300 level Yesterday Nifty Put option has added 612.63 lakh position and Nifty call option has added 653.96 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 11.2 crore in value and Nifty call option has added Rs 12.22 crore in value on cumulative basis



To Get Free Nifty Tips- http://www.tradingresearch.in/free-stock-tips-free-commodity-tips/  or Reach us @ 8878998885, 0731-6461777

Nifty Tips 8 August 2012,NSE Nifty Trend, Nifty Outlook

Tomorrow trading is expected between the broad levels of 5255-5390,If the market breaches the level of 5360 on the upper side then the next resistance level will be 5390.

But if nifty breaches the support level of 5295 then it may go down till the level of 5255.

For More Details log on to- http://www.tradingresearch.in/free-trial or Reach us @ 0731-6461777

Nifty Trend For Today- 27-07-2012

BEARS TAKES AWAY 5100 AND SEE A CLOSE BELOW 5066 AT 5043. THE NEXT SUPPORT ARE AT 5022 ANDAT 4977. ANY CLOSE BELOW 4977 WILL LEADPANIC AND WILL ALSO TERMINATE THE SHORT TERMTARGET 5600.

BUT AFTER THEN GLOBAL TRENDS TURN GREEN ANDDOW TRADING WITH 180 POINTS GREEN.SO PULL BACK EXPECTED AT FRIDAY OPENING.BUT CLOSE ABOVE 5155 NEEDED TO TERMINATE CURRENT BEARISH TREND.

CLOSE ABOVE 5288 WILL TAKE NIFTY TO 5355 AND TO 5444.SHORT TERM TARGET FOR NIFTY AS FOLLOWS,

THE LOW OF NIFTY ON 20/12/2011 IS 4531.THE HIGH OF NIFTY ON 22/02/2012 IS 5628.
THE TOTAL RALLY IS 1097. 







For More Details Log On to- http://www.tradingresearch.in 
or Reach us @ +91+8878998885
 

Nifty Trend for Today- 26-july-2012

Nifty: The Nifty is likely to open flat on the back of flattish Asian cues. It is likely
to trade in the range of 5080-5160. The trading strategy would be to create long
positions if the Nifty takes support at around 5090 levels for targets of 5125 and
5145. On the other hand, one can also create short positions if it resists at
 around 5160 levels.

Bank Nifty: The Bank Nifty is likely to trade in the range of 10200-10550.

For More Info Log on to http://www.tradingresearch.in or Reach us @ +918878998885, 0731-6461777,7999 

Nifty breaking below 5150 is worrying

Nifty has a fair chance of holding 5,150 only if Bank Nifty holds 10,350.

Nifty breaking below the crucial level of 5,150 is a matter of concern because the next support for Nifty is at 5,050.According to rollover data, the entire strength of Nifty is lying on Bank Nifty currently. T

he Bank Nifty can easily outperform Nifty from here on.Nifty has a fair chance of holding 5,150 only if Bank Nifty holds 10,350." I would prefer going long on bank Nifty and shorting Nifty from the current levels.Meanwhile, from the auto pack, I expects Bajaj Auto to outperform peers. "Around Rs 1,575-1,580 one should accumulate Bajaj Auto for a minimum trading target of Rs 1,625 on the upside and keep a strict stop loss of Rs 1,550.

Nifty Trend for 06/03/2012

Markets had a gap down opening for the week and remained negatively biased for the whole session. When European markets opened then sentiments worsened further and nifty future slipped below 5300 to make intraday low of 5295. Now, for the coming sessions in this week, 5300 will act as crucial level as it has given breakout on lower levels on daily charts from the consolidation so formed last week. Now, 5260 is seen as support while 5380 will act as resistance.

TREND: SIDEWAYS

SUPPORT: 5260 & 5180 RESISTANCE: 5380 & 5450

Major Market News-

·        Sensex plunges 274 points; Realty, Metal drag.

·        Adani Enterprises inks pacts with NTPC for supply of imported coal.

·        Tata Power in JV with Exxaro Resources.

·        Suzlon arm bags order worth Rs 3.67 bn.

·        Indian private sector output expands at a slightly slower pace in Feb.

·         IRB Infra denies over bidding in Ahmedabad project

Nifty Levels and News on - 04-11-2011

Sensex closes 17 pts up as Europe rallies, BHEL jumps 4%

The NSE Nifty recovered in late trade to close with moderate gains on Thursday. Indian market started recovering as European markets bounced on hopes that Greece referendum may not happen. The Nifty held on to the 5200 mark quite nicely since last week, which is looking like the support in the near term. The index rose 7.3 points, to end at 5,265.75. The 30-share BSE Sensex recovered 200 points from day's low, before closing up 17.08 points at 17,481.93.

Every market across the globe has priced in all negatives associated with Europe and is awaiting conclusive decision from the G-20 meet that started today. According to Nick Parsons of National Australia Bank, collapse of Greece government will be positive for global markets. He said ouster of PM Papandreou would mean no referendum in Greece.

European markets bounced back sharply after a fall of 1.5-2% in the initial trade. France's CAC and Germany's DAX moved up 1% each while Britain's FTSE rose 0.3%. Athex Composite (Greek) shot up 2.7% and IBEX (Spain) was up 1.25%.

Back home, heavyweights Reliance Industries, Bharti Airtel and SBI led the major support; respective stocks gained 1.51%, 2.15% and 1.34%.

Power stocks rallied after the government meeting on import duty for foreign power equipment. BHEL shot up 4.18% and Tata Power rallied over 3% while NTPC gained 1%.

However, the fall of 0.5-1% in Infosys, ICICI Bank, HDFC Bank, L&T and Wipro has limited the upside.

SAIL lost 3% after less than expected numbers in Q2. The company's net profit fell 54.6% to Rs 495 crore in the second quarter of FY12 due to forex loss Rs 509 crore.

Total traded turnover was more than Rs 1.16 lakh crore. Declines outnumbered advancing ones by 752 to 653 on the National Stock Exchange.

Nifty future closed 30 points up @ 5309. Now 5340 is very crucial resistance for nifty this level is 200 day moving average (DMA). Nifty break level of 5225, after that it take reversal made day high and closed around high. Market seems to be positive if it cross and maintain above 5340. Some major stocks looks bullish on charts market may be positive if maintain on tops.

 Sensex ends near 17500, 17 pts up as Europe rallies, BHEL jumps 4%, DLF, Tata Power up.
SAIL Q2 net falls 54.6% to Rs 495 cr.
Food inflation at 12.21% YoY on Oct 22.
Federal Bank not to jump into savings rate hike war.
On Mobile up 7%; Q2 net profit more than double.
Greek PM Calls for emergency meet as banks tank over 5%.

Source: www.commodityonline.com