iCharts Discussions

[sharemuthu]

As you told market took u turn from 5838 level that was superb thank you sir

[kraj67]

hi sarvana its really very good , it wil be more intresting if u post ur technicals over here

regards
rajan

[sraj]

sharemuthu,
welcome.

kraj67,
sure rajan, (when time permits).

[sraj]

WORLD MARKETS

Asians are doing with sudden 100 point up move, what ever it may; today if nifty spot breaks 5798 then further up move, if not further down move or volatile move.

NIFTY SPOT TODAY

Today if nifty spot breaks 5798 then further up move will have some power to move towards yesterday's high, following this if it breaks and sustains above 5851 then we can expect 5871 as a good resistance level.

But we have to keep the following things in our mind strongly that is; if nifty spot closes above 5850 for 2 days ideally then it will have more and more chance to move towards 6500++,

Same as if it not able to breaks 5798 or if it breaches 5774 strongly then we can take it as a first sign for bear move, and if it breaches 5750 strongly then we can expect a good down move towards our today's levels…

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 5798 TARGET 5840, 5851, 5871, 5599 TO 5906, 5941, 6004

NIFTY SPOT BELOW 5774 TARGET 5763, 5756 TO 5750, 5711 TO 5700, 5674, 5667

SCRIPT TO WATCH

IFCI

Buy around 57.5 Targets 61.5 to 62, 68, s/l 57
Sell below 57 Target 52, s/l 59

SCRIPT FOR SMALL PROFIT (DO YOU OWN RESEARCH):

Rel cap good above 810
Dlf good above 352
Tata motor good above 1087
I b real weak below 173
Jsw steel weak below 1195
Cairn has resistance around 330 to 332

thanks
saravanabalaji s

[sharemuthu]

As u told market is taking u turn from 5869 sir . i took short at 5869 (fut) and covered at 5848

[jjm]

Dear Sraj,

At the out set I thank you for this wonderful thread you have been keeping alive day in day out.

Today's stock recommended by you has crossed the suggested pivots like relcapital closed above 810 , Cairns above 332..

Will you please confirm the targets and SL for these..

Regards,

JJM

[sraj]

sharemuthu,

Nice.

jjm,

today i gave it for intra trade( just for 1 to 2 %), if u want more i will give details soon

[t.chatterjee]

sraj sir, that was my 1st msg, i was new to ichart and did not know how to post reply at that time, so i just sent u a private msg, u r doing a great job for a long time about the most difficult subject of our market.( i think working on nifty with such an accuracy over a long time is most difficult,bcoz there are lots of factors which are to be considered before taking a call as issues like international economics, even international politics also effect the nifty) so u must be very busy, plz dont feel bad sir,

[sraj]

WORLD MARKETS

Asians are doing some volatile, our opening will be based on the Asian’s status of 9 am, even though 5843 and 5833 will give some support at open phase, same as 5892 will act as resistance today.

NIFTY SPOT TODAY

Today if spot holds 5843 and 5833 then it will try to move up towards 5890 to 5893, following this if it sustains above 5893 then we can expect some further up move as per today's levels, same time 5904 and 5919 will act as good further resistance,

Same as today if it not able to breaks 5893 and if it breaches 5836 then it will give some strength to bear move, even though the bear move may do with slow and volatile up to 5800, and following levels will act as supports in down side 5800, 5789, 5762, if spot slips below 5762 then we can expect some good down fall…

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 5892 TARGET 5904, 5919, 5940, 5977, 6026, 6203

NIFTY SPOT BELOW 5860 TARGET 5843, 5833, 5825, 5808 TO 5804,
5789, 5772, 5762, 5729, 5712, 5709, 5677

SCRIPT TO WATCH

ABB
Buy above 810 Targets 815 to 817, 834, s/l 801

GAIL
Buy above 493 Targets 497, 519, 527, 487

HERO HONDA
Buy above 1750 Target 1762, 1771, 1780, 1802, 1842, s/l 1732 (above 1763, your s/l comes to 1760)

RIL
Has resistance around 1026 to 1031, above 1031 if sustains next 1050 to 1060 possible

THANKS
SARAVANABALAJI

[sharemuthu]

herohonda 1767

[sharemuthu]

abb also rocking sir wooooow. today my trade is over thank you sir . nextu ------- restu again thank u

[rajanmadhavan]

I make profit in ABB very nice call. Thanks Sraj

Rajan

[sraj]

sharemuthu,

welcome. and all the best.

rajanmadhavan,

all the best, and welcome

[sharemuthu]

thank you

[sraj]

NIFTY SPOT TODAY

Today if nifty spot breaks 5846 then further up move will happen as per today's levels. Same as today if it stays below and sustains below 5846 then we can expect some down fall, but the down fall up to 5800 and 5768 will not give clear and perfect move, rather we can expect flat or volatile move,

If it breaches strongly below 5768 then we can expect easy down move as per today's levels, following this if nifty spot close below 5714 for 2 days then it may help to nifty to try to reach 5500 in coming days (not only below close of 5714, need more strength)

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 5846 TARGET 5862, 5878, 5885, 5910, 5945, 5965, 5987, 6027

NIFTY SPOT BELOW 5825 TARGET 5812, 5803 TO 5798, 5787 TO 5780,
5770 TO 5768, 5720 TO 5714, 5679 TO 5674, 5658

SCRIPT TO WATCH

DLF
Buy above 360 Target 365 to 366, 372 to 374, 383, 392, 410, 425, s/l 349 (positional cum intra)

CAIRN
Has resistance around 339.5, so sell on rise with s/l of 340, Target 331, 326, 323, 321, 310 to 308, 290
Buy above 340 targets 344, 352 to 353 s/l 337

HINDUSTAN LEAVER
Buy above 284 target 291, s/l 281
Sell below 275 target 268 s/l 279

TATA MOTOR
Sell below 1017 Target 1008, 1003, 980, 960, s/l 1031, if not breaks 1017 then it will move up

BHARTI TELE
Sell below 345 target 338, 332, 318 s/l 353

All are the positional targets, intra day traders can book as you wish and don't wait for targets

THANKS
SARAVANABALAJI S