Thursday, January 14, 2010

Nifty Cash Outlooks : 5234 | Date : 14th Jan 2010

Technical Analysis For The Date :  14th Jan 2010
 
Nifty Cash Outlooks : 5234
 
Waves Outlooks

Large  Medium Term Pattern Unfold : # NO CHANGE SINCE LAST UPDATE #
Complex Double combination corrective pattern  is forming in wave 'a. Wave 'b is ON. Pattern is FLAT formation. Wave' b is also in complex pattern. After wave' b complete, wave' c will start downside. The minimum correction should be 38.2% of Wave 'b. Conclusion is that wave' c will be failure one and will not retrace all the wave' b. Our bearish pattern will be over there. New impulsion of major bull phase will start till 2016.


Year 2010,
Conclusion is that Market will likely to remain volatile in both direction. ONE Big fall
is seen in 2010. Also likely to complete the  major correction Zone, which started at 6347(10th Jan'2008).The base of bull markets will likely to form in 2010 and New major bull phase will start till 2016.
 
Small Term Internal Patterns:
Large Wave 'b is still ON
.
 
Wave' b is also in complex pattern. Internal Pattern wave’ e is in progress.Time period is about to end for Wave’ e. Any sharp fall out below 5160 will change all market trends. Also any fall out below 4940 will conclude the larger wave' b is complete.
 
Trading Strategies: Global cues is that  HANG SANG ,NIKKI ,ALL ASIAN MARKETS are in RED. So NIFTY will likely to open  Downside @30-40 points.
Weekly and Medium term Investors & Traders:
# NO CHANGE SINCE LAST UPDATE #
AS market looks some uncertain movement in medium term and we conclude as per Elliott wave that market is likely to correct in medium term. But hold Rising SL for medium term investors is at 4940.
 

Daily Traders:
For Long, As market is not break 5160,market likely to remain sideway. Buy only above 5290.  For short, HOLD short with SL 5285 Initial target will be 5120-5055.
 
Mechanical Levels For NIFTY CASH:
 
SUP 3 SUP 2 SUP 1 TREND REV RES 1 RES 2 RES 3
5145 5180 5215 5260 UP 5260 5285 5335
Positional Calls :

AFTEK(23.35):  Buy with SL 21.5.Target will be at 27 & 31.(ONE WEEK Call)
JBF IND(116.5):  Buy with SL 112.Target will be at 135 & 148.(TWO WEEK Call)
VIKASWSP(30.65): Buy with SL 29.Target will be at 38 & 44.(ONE WEEK Call)


PORTFOLIO PICKS:
Here we give you a Stock ,which is analysis by ELLIOTT WAVES for PORTFOLIO INVESTMENTS. TIME FRAME: 1-2 Years.
NO CALLS.

 
Future & Options Calls:  NO CALLS
   
Thursday, January 14, 2010 08:39:54 AM
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Disclosers: We or Our Clients may have some position in above calls.

Tuesday, December 22, 2009

Nifty Cash Outlooks : 4952 | Date : 22nd DEC 2009

Technical Analysis For The Date :  22nd DEC 2009
 
Nifty Cash Outlooks : 4952
 
Waves Outlooks

Large  Medium Term Pattern Unfold : Complex Double combination corrective pattern  is forming. wave 'b is ON, Likely to form FLAT formation. Till now wave' b achieved @ 131% of wave 'a. It is strong wave' b. After completion of wave' b , wave' c will start downside. The minimum correction is 38.2% of Wave 'b. Conclusion is that wave' c will be failure one and will not retrace all the wave' b. Our bearish pattern will be over there. New impulsion of major bull phase will start till 2016.
Perspective about wave may change above 5182.
 
Small Term Internal Patterns: Here we will not discuss about small pattern inside wave. If we assume 5182 is top of wave 'b then wave 'c  downside will have to minimum 38.2% of wave 'b(@ 4150-4200).
Perspective about wave may change above 5182.
 
Trading Strategies: Global cues  is that  HANG SANG ,NIKKI ,ALL ASIAN MARKETS are in UP TREND. So NIFTY likely open Higher @15-20 points..

Weekly and Medium term Investors & Traders: AS market looks some uncertain movement in medium term and we conclude as per Elliott wave that market will  likely to correct down side in medium term. SL for medium term investors is at 4850.

Daily Traders: For Long, Buy NIFTY with SL 4910.Market will likely to move up to 5070-5100 level. For short, As the target 4945 is achieved. Book profit. Wait for better rise.
 
Mechanical Levels For NIFTY CASH:
 
SUP 3 SUP 2 SUP 1 KEY REV RES 1 RES 2 RES 3
4870 4905 4925 5060 UP 4980 5000 5035
Mechanical Levels for MOST ACTIVE SCRIPTS  CASH LEVEL:
 
SCRIPT CLOSE TREND CHANGE IF S3 S2 S1 R1 R2 R3
AXIS BANK 955 945 DOWN 916 924 937 972 992 1005
DLF 350 361 UP 336 339 344 361 368 383
HDIL 341 341 NEUTRAL 320 326 333 348 357 363
INFOSYS 2510 2510 NEUTRAL 2420 2445 2480 2540 2560 2595
ICICI BNK 810 830 UP 751 786 798 818 831 859
RELIANCE 1016 1040 UP 966 977 995 1040 1066 1085
SBI 2147 2170 UP 2065 2080 2110 2170 2190 2230
TISCO 555 555 NEUTRAL 528 539 546 565 571 576
TELCO 726 714 DOWN 690 705 715 740 752 762
YES BANK 248 251 UP 238 241 245 251 255 264
Positional Calls : NO CALLS.
 
Future & Options Calls: NO CALLS.

PREVIOUS DAYS OUTLOOKS:

15/12/09      16/12/09      17/12/09      18/12/09      21/12/09 

 
Tuesday, December 22, 2009 09:07:06 AM
We give Updated Premium Calls & Detail Analysis more then this to Our Paid Members via SMS , intraday Login and Via Live Chats.
Disclosers: We or Our Clients may have some position in above calls.