iCharts Discussions

[sraj]

NFTY SPOT

Today if nifty spot breaks 5273 then further up move possible, and it may try to move up towards 5307, above this level if it sustains strongly then next important resistance may comes around 5365 range, generally today expect volatile or flat market,

Today if it breaches 5258 then further down fall may starts and the down fall may get support around 5220, below this level easy down move may come towards today’s levels, so understand the situation and then trade

NIFTY SPOT TODAYS LEVELS

NIFTY SPOT ABOVE 5265 TARGET 5273, 5292, 5301, 5307, 5314, 5337, 5349, 5367, 5375

NIFTY SPOT BELOW 5258 TARGET 5230, 5220, 5183, 5170, 5159, 5136

SCRIPT TO WATCH

DLF

Buy above 313 Target 320, 326, 332, 337, 343, s/l 307

Sell if not breaks 313 s/l 313 Target 303, 298, 295 to 294

THANKS
SARAVANABALAAJI S

[sraj]

WORLD MARKET

World index are in mild volatile situation, today we don’t find any power full buying strength in our market as per some calculation, even though the levels 5258 to 5263 may act as an important, and 5168 may act as another important point in down side, and down side move also looks with very flat and volatile, it indicates that we may see another tension full volatile and flat session as yesterday,

NIFTY SPOT

Today if nifty spot breaks 5258 and 5263 then further up move may starts towards 5285, 5301, and today if it breaches 5238 then further down fall may come as per today’s levels, and as shown in picture below nifty spot has some channel support around 5238 range, below this range next major support comes around 5205 to 5200,

So only below 5200 on closing basis! we may have chance to face some good correction with first target of 5130 and second target of 4970, same as in up side we have resistance around 5360 as first and 5440 as second, this levels are only for today, it will change every day as per our beta calculation

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5258 TARGET 5301, 5314, 5365, 5399, 5406

NIFTY SPOT BELOW 5238 TARGET 5215, 5204, 5193, 5168, 5153, 5130

SCRIPT TO WATCH

NTPC

BUY ABOVE 209 TARGET 220 S/L 201 POSITIONAL CALL

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKET

World markets are in good manner, reflecting this our market may open with gap, even though if it breaks 5345 then it has bright chance to move up in up to 5450++, if so you can use it

NIFTY SPOT

Today if nifty spot breaks 5318 then further up move may possible, even though 5345 is an important level to watch, above this level nifty may blast in up side towards 5450++, if so you can use it, same as if it breaches 5286 then it may come down,

Even though down move may do flat and thin, generally there is an opportunity for good up move, so if there is any down fall then you can buy on dips with s/l of 5220, below this 5220 next support is at 5140

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5310 TARGET 5318, 5329, 5341 TO 5344, 5440 TO 456, 5482, 5494, 5523

NIFTY SPOT BELOW 5286 TARGET 5272, 5256, 5245, 5195, 5191, 5179, 5167, 5154, 5140

SCRIPT TO WATCH

Buy NTPC ab 209 target 219 to 220, s/l 204.5

Buy SUNPHARMA ab 1812 target 1838, 1850, 1864, s/l 1800

Buy DLF with s/l of 306 on every dips target 328, 337, 348 - all are positional based

thanks
saravanabalaji s

[sraj]

WORLD MARKET

Status of world markets are not looks supportive for us, same time if it breaks 5393 and 5406 then we may expect some up move, if not there is a chance to move towards 5313

NIFTY SPOT

Today if nifty spot breaks 5393 then this is the first step for continues up move, even though above 5406 there may be a bright chance for our previous targets, so as of now 5393 and 5406 are the key points today for further up move,

Same as today if it breaches 5345 then we may expect some down fall as per today’s levels, generally today if nifty spot not able to breaks 5393 then it may give some difficult and we don't find any buying support up to 5310, so there may be a chance to move down towards 5310,

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 5393 TARGET 5406, 5435, 5448, 5460, 5472

NIFTY SPOT BELOW 5345 TARGET 5309, 5298, 5286, 5269, 5249, 5225

SCRIPT TO WATCH

GAIL

Buy above 427 Target 445, 465, s/l 410 close Positional call

thanks
saravanabalaji s

[sraj]

NIFTY SPOT

Today if nifty spot breaks 5382 then further up move may possible, but that up may be very thin and flat or with mild volatile, generally try to avoid new position for swing trading and short term trading, day traders must keep s/l, and be fast with your profit, don't hang for too profit,

Today if nifty spot breaches 5358 then further down move may come, even though we can expect strong down move only below 5320, if so you can use it, generally today's market may do flat with mild volatile

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5382 TARGET 5391, 5402, 5425, 5448, 5465, 5473, 5488

NIFTY SPOT BELOW 5358 TARGET 5348, 5333, 5325, 5320, 5257, 5253, 5228

SCRIPT TO WATCH

BHARTI AIRTEL

Buy above 324 target 335, 342, s/l 318 positional call,

thanks
saravanabalaji s

[sraj]

WORLD MARKET

World markets are in tension, reflecting this our market may do the same, due to this nifty spot has support around 5367, 5341, 5325, below this level good down fall may come as per today’s levels, and 5408 to 5433 is the resistance area

NIFTY SPOT

Today if nifty spot holds 5367 to 5370 then further up move possible, and it has chance to get resistance around 5408, 5429, 5433, above this level further good move possible up to 5470 to 5480 or up to 5500,

Generally we are in the end of the stage of one fine up journey from 4675, so always keep it in your mind, and 5470 to 5480 or 5500 is the strongest resistance for us, above this level if nifty spot close for some days then it has to be move towards 6200 to 6300, but now this kind of situation is not here,

As we expect in previous posts our target of 5470 to 5500 is also very near, and now the strongest resistance also comes in the same levels, another one for nifty is need not necessary to touch 5470 to 5500, so we are in the kind of tension full and danger market, same time down fall may not come sudden, before that market has to do too much of volatile, giving trading opportunity, flat session, so be cautious with your longs,

Market may start its down fall by end of this month (not sure), as of now selected scripts may have move up, so trade care full, keep s/l, don't hang for too many profits, concentrate on small scripts, today if nifty spot breaches 5367 then further down fall may come, but only below 5320 we may expect some good down fall as per today’s levels

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5408 TARGET 5412, 5418, 5422, 5429, 5433, 5496 TO 5503

NIFTY SPOT BELOW 5367 TARGET 5354, 5342, 5432, 5325, 5260, 5243, 5225

SCRIPT TO WATCH

As per charts there is chance for small scripts to move further, so we can concentrate on small scripts like BAJAJ HOLD, ABG SHIPYARD, PRISM CEM, INDIA CEM, PFC, BHARAT FORGE, here after expect some volatile and flat session, so don’t hang for too many days in any script, and keep s/l, don't hesitate for small losses

thanks
saravanabalaji s

[sraj]

NIFTY SPOT

Today if nifty spot holds 5290 then it may try to move up, if not then we may expect some good down fall, same time if it breaks 5317 then it is a first step for further up move, but only above 5348 we will get strong conformation about good up move towards 5380, 5400, if so we can concentrate on buying,

Same as today if nifty spot breaches 5303 its a first indication about down fall, even though only below 5290 we can expect good down fall as per today’s levels, and if nifty spot try to move up with out breaches the 5290 then we may expect 5430 to 5470 soon, see the chart picture below


NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5317 TARGET 5338, 5347, 5388, 5395, 5417, 5430

NIFTY SPOT BELOW 5303 TARGET 5290, 5252, 5234, 5126, 5095, 5070

SCRIPT TO WATCH

ORGAN COMM - ( 512097 - BSE)

Buy above 220 target 230, 237, 260, 285, s/l 205 or 193 positional call

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKET

American index Dow Jones doing good, and if it breaks and try to close above 11030 then we can expect further 180 points in up side that means around 11180, and it has strong resistance around 11240 to 11250 as 61.8% Fibonacci Retracement, this one is an important resistance,

Today all world markets are in good mood, reflecting this our market may also do the same, but if it breaks 5400 then further up move, if not down move with flat and volatile method


NIFTY SPOT

Today if nifty spot breaks 5400 strongly then further up move may possible up to 5440 and 5480, same time if not able to cross strongly or get resistance around 5386 to 5400 then it may try to move down towards 5315 to 5300, continues chance for down move may happen if it breaches 5283, if so the strength of the down move will come stronger and it may move towards 5248, 5200,

Generally 5440 to 5480 is the key point, we can decide the next direction of nifty based on its movement and reaction around these level, until being perfect in profit is nice

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5386 TARGET 5394 TO 5400, 5440, 5470, 5476, 5508

NIFTY SPOT BELOW 5315 TARGET 5309, 5301 TO 5299, 5289, 5283, 5248. 5209

SCRIPT TO WATCH

ACC

Buy above 957 target 970, 973, 983, 987, 996, s/l 947

Sell below 947 target 933, 921, 917, 910

thanks
saravanabalaji s

[sraj]

WORLD MARKET

As we expect Dow Jones had taken some mild resistance around 11030, according to the status of world markets today nifty spot may have good support around 5330, 5323 to 5320, and it may have resistance around 5338, 5378, 5405

NIFTY SPOT

As per current situation our nifty spot has good and strong channel support around 5320, there is a chance to get recover from this level, if so slowly it may move up, if so you can concentrate on buying with s/l of 5320, and the resistance levels stand in the line like 5338 as a first resistance and 5378 as a second one, Finally 5405 may act as very strong resistance, if it breaks out strongly, then the travel path of nifty spot may change totally,

Same as today if nifty spot breaches 5318 strongly then it may move down, and 5285 to 5280 is the another key levels for strong down move, below these levels strong down move may come as per today’s levels, if so you can concentrate on shot selling

NIFTY SPOT TODAY’S LEVEL

NIFTY SPOT IF HOLDS 5320 TO 5323 TARGETS 5338, 5378 TO 5385, 5392 TO 5405, 5452, 5474, and 5493

NIFTY SPOT BELOW 5318 TARGET 5296, 5285, 5224 TO 5218, 5205, 5189, 5177

SCRIPT TO WATCH

INDIA CEMENT

Buy above 145.5 targets 150, 154 to 156, 161, 170 s/l 142 positional call (always keep s/l, nervous market)
thanks
saravanabalaji s

[sraj]

WORLD MARKET

As we expect last few days b4 American index Dow is moving towards 11180 to 11250 after had got break out the 11030, reflection of this is going on in other world indexes, following this our nifty may open in good manner, even though 5413 to 5416 may act as strong resistance, above this level good up move may possible, if not down move towards 5365, 5317

NIFTY SPOT

Today nifty spot has some flat and thin resistance around 5365 to 5395, and there is another strong resistance around 5413 to 5416, if it breaks and sustains above this level we can expect some strong up move, and 5458 to 5463 is the channel top, suppose if these levels will get breaks then further very strong up move may possible,

Same time last Tuesday nifty had broken 2 important channel support and then got back, so this will give some guilty conscious, that means there is an opportunity to come down, today if nifty spot breaches 5317 then further down move may come but the strong full down move will come only below 5290

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5416 TARGET 5457 TO 5463, 5579

NIFTY SPOT BELOW 5317 TARGET 5305, 5298, 5291, 5260, 5245, 5230, 5222, 5210, 5183,

SCRIPT TO WATCH

HERO HONDA

Buy if take support 1977 to 1974 Target 2002, 2020, 2035, 2050+++, s/l 2065

Sell below 2065 Target 1920, 1888, 1850, s/l 1980

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKET

As we expect American index Dow Jones had crossed 80% of our target, but current situation of world index are not witnesses nice, due to this our nifty spot have support around 5255 to 5250, same as 5304 may act as strong resistance, nifty will move on that direction which levels will get breaks,

NIFTY SPOT

For the fast few days it self we intimate you all to book profit on every rise, and we said don’t hang in new position, following this daily we describe about the chance of that down move with using of charts, now its happening, if this down move continues then down side target may be towards 5159 TO 5150, 5130 TO 5120, 5080,

Below these levels further deep down fall may come, but describing this is not perfect in this situation, suppose if there is more chance for that, I will give detailed post about that, now it is a time to arrange and wait with good amount in hand, after getting correction, I will give some good scripts for medium term around our down side target area, you can use it,

okay lets comes to today’s market, today if nifty spot breaks 5304 then further up move possible, same time this up move may get resistance around 5333, 5368, 5385 , above this level we can expect very good up move towards 4479, same as today 5261 to 5255 is an important points to watch, and we don’t think about correction if these levels hold up, if breaches then further down move may come as per today’s levels

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5304 TARGET 5333, 5345, 5367, 5385, 5479

NIFTY SPOT BELOW 5262 TO 5255 TARGET 5215 TO 5212, 5159 TO 5155, 5135, 5120, 5107

[rajanx12]

Tq

good info
regards
raj

[sraj]

WORLD MARKET

World indexes are being normal, reflection of this our market have some fear less open, same time 5212, 5200 are an important support zone, and 5257, 5285 are the resistance zone in up side, above this level free up move possible

NIFTY SPOT

Today if nifty spot breaks 5243 then further up move possible, and yesterday high 5257 may act as resistance level, above this level next up side move may possible up to 5285, 5302, suppose if nifty spot close above 5305 today, then we can expect 5400 soon, if so use it,

Same as if nifty spot breaches 5212 and 5200 today then next a down fall may come as per today’s levels, if so we have to be care full, there is a chance for free down fall below 5200, but some buying strength are there to restrict the free fall

NIFTY SPOT TODAY’S LEVELS

NIFTY SPOT ABOVE 5243 TARGET 5262, 5270 TO 73, 5278, 5285, 5330, 5339 TO 342, 5253, 5371, 5483

NIFTY SPOT BELOW 5226 TARGET 5212, 5200, 5150, 5125, 5080, 5040, 5012

SCRIPT TO WATCH

ABB

Buy above 865 Target 906 to 910, s/l 850 on close for positional traders

Trading targets ab 865 Tr 873.5, 879, 885, 902, 910 s/l 859 for traders,

THANKS
SARAVANABALAJI S

[sraj]

5230 to 5220 is crucial level for nifty fut as of 1.50pm today, if take support then further up move possible up to 4300 to 5310, above 5310 target 5410, if breaches 5220 strongly then expect some down move up to 5130 level soon, so keep eye on that, and risky trader can take risk, ur s/l is 5220 for long
thanks 'saravanabalaji s

[ridinghood]

thanx for yr nifty update!
keep updating!!
regs
ridinghood