iCharts Discussions

[anand1234]

hi, snr_1977.................boss u r just great..................wthat a news.........dcm & lichousing...................
thnks..........again thanks..........pls keep updating........

thanks
anand

[sraj]

Due to expiry day technical may not work properly, chance for so many s/l hit in both side, so better avoid today, even though nifty is in some channel support so we will see about this generally,

As of now 5970 is the channel support, if it breaches strongly this level then we can expect a down move towards 5850 soon, same time in between that there is a level which has good reason to give strong support for nifty, that level is 5930 with reason of recent higher bottom of this rally,

So if nifty spot breaches 5970 then we can expect 5930 as first target and if it stays below this range then next one may be at 5850,

Same time if it not get breached the 5970 then it may try to move up towards 6105, if it close above this range continues for 2 days and above ideally then we may expect 6230, 6350, 6500

THANKS
SARAVANABALAJI S

[anand1234]

hi,.........snr_1977....................u r just great year..................what nws about dcm now @128...........thanks agaain................but to day u did not post any comments..........r u bussy to day?..........

thanks
anand

[snr_1977]

Dcm Hit TGT Rs.130

[sraj]

WORLD MARKET

World indices are giving mild confident, today we may have up move above 6045 and 6076 may act as resistance, 6022 may act as support and below 5958 strong down fall may occur…

NIFTY SPOT TODAY

Today if it breaks 6030 then there may be some good chance to move up towards 6045, 6065, 6076, next the level 6076 may act as strong resistance today, so we have to be care full around this level, and risky trader can go for short sell around this level with s/l of 6082 (must keep),

If it breaks 6082 then it may try to move towards 6115 to 6130, if it closes above 6130 then it will try to move towards 6250, so don’t think about short sell above 6136

If not close above 6130 or if not able to breaks 6076 then it will try to come down towards 5980 to 5958, and below 5930 it will try to move down towards 5860, so try to sell near 6076 with s/l of 6082, and again try to sell freshly around 6115 to 6130 with s/l of 6136,

If it breaks 6136 then don't try for short, and most important one don't average your short of 6076 around 6130, keep s/l (small lose is better than big),

Today if it breaches 6022 then we may expect some down fall but we can expect strong down fall only below 5958 and 5930

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6030 TARGET 6045, 6059 TO 6064, 6074 TO 6076,
6091 TO 6094, 6110 TO 6117, 6134, 6156, 6184

NIFTY SPOT BELOW 6022 TARGET 6013, 5999 TO 5994, 5984, 5973, 5958, 5930, 5883

SCRIPT TO WATCH

BUYING CALLS

CAN BANK
Buy above 590 Target 596, 608, s/l 580

UNION BANK
Buy above 394 Target 407, s/l 387

CIPLA
Buy above 327 Target 338, 345 s/l 312


SELLING CALLS

ACC
Has good support around 975 to 971, (this is buying area) Target 993 to 995
Below 968 (sustains) sell Target 960, 950, 935, 920, 900, s/l 976

BPCL
Sell below 740 Target 733, 725, 718, 712, s/l 750 (or)
Sell on rise around 765 to 772 s/l 775 Target 750, 740, 725, 712

thanks
saravanabalaji s

[sraj]

WORLD MARKETS

World indices are not doing well; if it continues in the same manner then we can expect the same volatile in our market too. Same time if there are any positive changes in world indices then we can expect strong up move here. Today above 6169 and below 6160 nifty may move on the same direction,

NIFTY SPOT TODAY

If spot breaks 6169 and sustains above strongly then we can expect a up move towards 6211, if sustains above 6211 then it has technical chance to move up continues towards 6250 and 6264 to 6267,

If so today we cans expect some resistance around 6245 to 6251 and 6264 to 6267, and we have to be careful with our longs when nifty spot in and around these levels,

Today if it breaches 6160 strongly then bear trend may initiate its work in market, even though today bear move may do with volatile and nervous full due to tight technical levels, and 6117 may have chance to give some support to bear trend nifty,

Next in other way if spot breaks and breaches the both levels (6169, 6160) in opening phase then we can expect volatile session

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6169 TARGET 6201, 6211, 6246 TO 6251, 6264 TO 6267, 6297, 6304 TO 6308

NIFTY SPOT BELOW 6160 TARGET 6147, 6139, 6130, 6122 TO 6117, 6104, 6088, 6065, 6055, 6046

SCRIPT TO WATCH

BPCL
Buy above 763 Target 769.6, 777, 782, 790, s/l 755 - Positional and Intra call

DCB
Buy above 60.5 Target 63, 67.8, s/l 58 - Positional and Intra call (good one for long term)

PROVUGUE
Buy above 76 Target 87, 98, s/l 66 close (Buy more on dips) Positional and Intra call

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKETS

American’s yesterday close and their current future's status all are well, this will help us to do good, following this Asian’s are also in good manner, this will give more strength for us and Singapore nifty did gap up and doing flat, in this situation if we breaks and sustains above 6231 strongly then we can expect a further up move towards the life high …

NIFTY SPOT TODAY

If it breaks and sustains above 6156 then we can expect good up move, following this there is a chance to get struck around 6231 levels,

Suppose if it breaks and sustains above this 6231 strongly for a while then we can expect another strong up move towards 6288 to 6295 and towards life high.

Today if it breaches 6153 then we can expect some down move, if so we can expect some volatile and nervous full tight move due to tight technical levels

Generally and technically today our markets are for bulls, but need support form world indices and from big hands that’s all

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6156 TARGET 6179 TO 6185, 6196, 6208 TO 6211, 6231, 6288 TO 6295, 6340 TO 6345

NIFTY SPOT BELOW 6153 TARGET 6131, 6120, 6108 TO 6106, 6097, 6088, 6063, 6047

SCRIPT TO WATCH

HANUNG TOYS
Buy above 376 Target 390, 400, 420, 458, s/l 360 close - Intra and positional call

RUCHI SOYA
Buy above 137.5 Target 145, 150 to 153, s/l 133 close - Intra and positional call

ESSAR OIL
Buy above 147 Target 155, 165, 180, 193, 210, s/l 140 close - Intra and positional call

EXTRAS

BPCL ABOVE 768, CIPLA ABOVE 335, JP ASSOCIATE ABOVE 131, AMBUJA CEM ABOVE 143,
are good for intra move, do your own research and then trade

BHARTI TEL looks weak; HINDUSTAN LEAVER (302.5) and HDFC BANK (2435) are in support

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKETS

Volatile is going on in world indices, this will give us short selling chance in up side, today 6193, 6219, 6227 are have chance to act as resistance, and 6180 act as support

NIFTY SPOT TODAY

If holds above 6193 then we can expect further up move towards 6219 to 6227, suppose if it breaks and sustains above 6227 then we can expect further up move towards 6258 to 6262,

As of now this levels are an important one for us, if it breaks and sustains above this level on close basis then we can expect a new high soon, if so we can hold our longs for further profit,

Same time if it not able to breaks 6219 to 6227 and following this if it stays below 6180 strongly then we can expect a down fall towards 6117 today or in coming days

NIFTY: WHAT WILL HAPPEN NEXT

As shown in the picture below nifty got channel break out around 5550 with target of 6225 to 6235, now it is in the target levels, for the last 2 days nifty had a technical chance to move up towards the life high, but it had missed the opportunity,

So it is telling us to be care full with longs, and for the two days nifty is taking a perfect resistance around the big channel top and it was turning around, next as of now Reliance Ind (RIL) has a strong resistance around 1055 (if breaks next resistance is at 1085), following this indicator RSI is coming towards the negative divergence, following this nifty PE ratio is around 26 (when ever nifty in above 25.5 in PE; then it got good correction, except 2008),

So all the above things are indicating us there is a chance for some correction in nifty in coming days if it not breaks 6227 and 6262, so don't go fresh positional longs, book your previous longs,

Those who want to go short try to sell on every rise with s/l of 6262 on close basis for 2 days ideally with positive bias, we have chance to come down towards 5930, 5800, 5700, 5500, 5300

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6193 TARGET 6219 TO 6227, 6258 TO 6262, 6335, 6357

NIFTY SPOT BELOW 6182 TARGET 6166, 6150 TO 6144, 6118, 6105 TO 6096, 6083, 6065, 6000

SCRIPT TO WATCH

HDIL
Buy above 286 Target 293, 300, 310, 320, s/l 278

HINDUSTAN LEAVER
Sell on rise around 303 to 307 s/l 310 Target 297, 290, 289 to 287

ITC
Sell on rise with s/l of 175, Target 168, 163, 159, 152 OR

Sell below 168 Target 163, 159, 152, s/l 175

EXTRA

JP AB 142, BIOCON ABOVE 396, good for intra move

BHARTI TEL in weak, sell on rise with s/l of 363

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKETS

As per yesterday world indices are in volatile mood, so today also we may have short selling opportunity, same time there may be no restriction for volatile too, so take care, 6105 TO 6097 support, 6148 resistance today…

NIFTY SPOT TODAY

If holds and sustains well above 6137 to 6148 then we can expect a further up move as per today's levels, generally we can strongly think about further up move to 6500++ only if it breaks and holds above 6230, 6260 on close basis, so as of now and as of my technical view every up move with below close of 6260 must be used for profit booking.

Today if nifty spot breaches 6105 and sustains strongly below this level for a while then we can expect down fall, even we can think about 6005 as down side target, chance for this target may be today or in coming days, same time as per ADX Indicator we have chance for volatile too, so take care and do well.

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6137 TARGET 6148, 6168 TO 6178, 6196, 6209 TO 6213, 6235, 6258, 6289

NIFTY SPOT BELOW 6105 TARGET 6088 TO 6084, 6067 TO 6064, 6055 TO 6045, 60030, 6005,

SCRIPT TO WATCH

APOLLO TYRE

Buy around 81.5 to 80, s/l 80 Target 85 to 86, 90--- Intra and Positional call - keep s/l
Sell below 80 (if sustains for a while) Target 77 to 76 s/l 82.5

DLF

Sell below 378 Targets 369, 366, 360, s/l 386

ICICI BANK

Sell below 1127 Target 1116, 1111, 1100 to 1097, s/l 1141

MAHINDRA LIFE SPACE

Buy on every dips up to 450 to 443, s/l 440 close for 2 days, Target 545, 667 - positional call

THANKS
SARAVANABALAJI S

[sraj]

WORLD MARKETS

Current situation of world indices are not showing good, if they have any changes in positive bias during our opening then we may have good open based on this. Today 6129 may act as good support and 6148 may act as resistance...

NIFTY SPOT TODAY

If spot breaks and sustains above 6148 then we can expect further continues up move towards 6187, 6204, 6225, and these are all having the chance to act as resistance too.

Same as today if it breaches 6129 or if it not able to breaks 6148 then we can take it as a bear sign, following this we have some supports around the following levels like 6118, 6110 to 6106, if spot breaches 6106 strongly for a while then we can expect some easy down move as per today's levels,

So take the trading decision based on the market situation. Generally we may have some zig zag moves for some more days

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6148 TARGET 6174 TO 6176, 6187 TO 6191, 6207, 6224, 6237, 6285

NIFTY SPOT BELOW 6135 TARGET 6129, 6118, 6112 TO 6106, 6086, 6073, 6058, 6034

SCRIPT TO WATCH

ACC
Buy around 1012 to 1015 Targets 1023, 1042, 1052, s/l 1012
Sell below 1012 Target 1004, 991, 980, 960, s/l 1023

BHARTI TELE
Sell below 338 Target 325, s/l 344
Buy if holds 338.5 Target 344, 357, s/l 338

THANKS

SARAVANABALAJI S

[sraj]

WORLD MARKETS

World indices are doing well with volatile; if they continue the same then we may have good open, 6102, 6145, 6176 these are all resistance levels, 6084 is support

NIFTY SPOT TODAY

Today if spot breaks above 6102 then we can expect further good up move as per today's levels, and if it sustains above 6176 then we can expect further good up move towards 6225++. Same as today if spot breaches 6084 then we can expect a down move and it may do as per today's levels,

As we saw in previous days still we are in the volatile mood (6225 to 5930), so take your trading decision as per the situation of the market's move with the help of our sup/res levels…

NIFTY SPOT TODAY'S LEVELS

NIFTY SPOT ABOVE 6102 TARGET 6124, 6136, 6153, 6166, 6176, 6191, 6228

NIFTY SPOT BELOW 6084 TARGET 6068, 6051, 6036, 6025, 6007 TO 5994, 5970 TO 5965

SCRIPT TO WATCH

ACC

Has good support around 990 to 988, buy near 988 s/l 982 Target 1110 to 1112

Sell below 982 Targets 968, 963, 950, 935, s/l 992

HERO HONDA

Buy above 1890 Target 1906, 1933, s/l 1878

MARUTI

Buy above 1534 Target 1547, 1564, s/l 1517

TCS

Buy above 960 Targets 966, 970, 975, s/l 953

thanks
saravanabalaji s

[DH1988]

crash!super crash!

[anand1234]

hi................market will fall from here?????????? ........can any body tell??????..........I think so...........lets c..........
thanks
anand

[DH1988]

[sharemuthu]

sraj sir further up move will b there?