Thursday Strategy------------------Date 11/02/10
Highly disappointing session as every body was predicting a gap up opening but that not worked out finally.The fears are in more strength and on thursday we can see a level of 4700 but we won't recommend to keep positions open as Friday market is closed and after 3 consecutive close day where will the market open is not easy to predictable.Any extreme high and low is not seems to be happening on thursday and on higher side nifty can go up to 4810 level.So tommorow better play in intraday range rather than holding any position.
Aditya Bhatnagar (For Marketspeaks)
Wednesday Strategy------------------Date 10/02/10
It was a relatively good day for market.We were predicting a closing above 4800 but it was little down than this.But now as the US market is trading higher and up by more than 1.5% we can hope for a good bounce tommorow.The important level is still 4900 as per the sustainability of this momentum is concerned.Above 4900 we can see a further drift to 4970-5000.
As per the wednesday level is concerned we believe one should book profits at around 4870 nifty and a re-entry can be made if market breaches 4900.On negative side 4750 should be treated as selling signal.
Congratulation to all those who have brought nifty above 4800,wednesday will be your day.
Aditya Bhatnagar (For Marketspeaks)
Tuesday Strategy------------------Date 09/02/10
It looks like that market is not getting that momentum which is required for an upside rally and still 4800 level is not broken.This is the time to play very cautiously,Now the nifty is consolidating in the range of 4670 to 4770 and it is definitely not a good sign as this is a consolidation at lower levels and any further bad momentum will drift it to 4500 level because if the support level of 4600 breaks then it will definitely be in decisive way.
So for tommorow we are cautious on Nifty and recommend any further buying in Nifty only if it breaks 4800 and sustains.On negative side 4670 is the trigger point and below this, a sharp sell can be seen.
Aditya Bhatnagar (For Marketspeaks)
Monday Strategy------------------Date 08/02/10
Saturday's short trading session was a breath provider for the market and it also created a lot of mental work to do and to identify the next levels for the market.Technically market should come down to 4600 but there is one more important level now and that is 4800.If market break this and sustains then another rally may stretch it to 4890 atleast.We won't emphasize more on saturday as it was the day with small volumes and all FII's were almost absent on that day.So Monday is very important,If market breaks 4690 then it is going towards its support level of 4610-4640.So be cautious,don't do any further buying and selling until one of these levels breaks and clouts clears.
Our recommendation for value buying is still the same.No body can exactly predicts point to point the buy and selling price but the circumstances like this are opportunities because you can't be assured that i will get the train again from the same station.So go and buy stocks which you find at lower levels and with good fundamentals.
One need to be worry only if market also breaks 4600 and it is less likely.Probability theory recommends buying at these levels.
Aditya Bhatnagar (For Marketspeaks)
Monday Strategy------------------Date 08/02/10
Saturday's short trading session was a breath provider for the market and it also created a lot of mental work to do and to identify the next levels for the market.Technically market should come down to 4600 but there is one more important level now and that is 4800.If market break this and sustains then another rally may stretch it to 4890 atleast.We won't emphasize more on saturday as it was the day with small volumes and all FII's were almost absent on that day.So Monday is very important,If market breaks 4690 then it is going towards its support level of 4610-4640.So be cautious,don't do any further buying and selling until one of these levels breaks and clouts clears.
Our recommendation for value buying is still the same.No body can exactly predicts point to point the buy and selling price but the circumstances like this are opportunities because you can't be assured that i will get the train again from the same station.So go and buy stocks which you find at lower levels and with good fundamentals.
One need to be worry only if market also breaks 4600 and it is less likely.Probability theory recommends buying at these levels.
Aditya Bhatnagar (For Marketspeaks)
Friday Strategy------------------Date 05/02/10
Now the bears are in command after thursday's drastic and disappointing day.The nifty is moving towards 4600 levels as per the technicals but in this situation what an investor should do.The answer of this tricky question underlies in India's growth story. we believe on India's growth story and after this correction we see nifty making a new high but it may take 1-2 month time.
So this is the time for value buy.Buy fundamentally strong stocks.We are bullish on LT,Reliance,Bharat Electronics,Bhel,Hindalco,Sail,Sesagoa,TCS,Powergrid,Petronet.These stock will be the drivers of next bull run so buy these stocks and wait for your turn to laugh.
Now the strategy about tommorow levels ,if nifty breaks 4730 (In our opinion market will go up to this level) and remain in that level than the next target for nifty is 4620 with in 1-2 days but on the other side if market crosses and sustains above 4850 then buy nifty for the target of 4930 for short term.
Aditya Bhatnagar (For Marketspeaks)
Thursday Strategy------------------Date 04/02/10
Now after achieving 4950 but not with sustainability the faith of market furure momentum depends on thursday and as per the technicals 4950 is now really a very crucial level.We don't think that market will again retest that 4800 level until any sudden bad news comes.For thursday the support for nifty is 4890 and on higher side 4980 is the target and one can keep the position open if it closes near 4890.
Aditya Bhatnagar (For Marketspeaks)
Wednesday Strategy------------------Date 03/02/10
Tuesday was a disappointing day for investors as the market heavily changed the trend and closed in deep red.For wednesday the strategy is little difficult to design but in our opinion market may again show a bounce back and now this bounce back will create a new strong support at 4830 level.As per the day strategy is concerned one can buy nifty at 4900 level for a target of 4950 ( it may take one or two trading sessions if bounce back comes).On negative side any level below 4800 will be a very dangerous sign.
Dow jones is near around 100 point plus and it is expected that tommorow we may see a gap up opening.
Tuesday Strategy------------------Date 02/02/10
The market has shown good consolidation at 4880 level and it seems that market may get a good bounce back from here.But still we recommend to buy nifty only after it crosses 4950 and sustains.On downside 4880 level is very important because the next down rally will through the nifty near around 4700 level.
After 4950, the first target for nifty will be 5000 and a good bounce back can give it a trigger up to 5080 level.
Monday Strategy------------------Date 01/02/10
The market is in a very unpredictable mode and as per the technicals it seems that nifty may come down to 4650-4690.So we recommend to be remain very cautious.Any fresh buying can be done only after nifty crosses 4950 and sustains on that level.
We are in favour of booking profits wherever possible.
Tuesday Strategy------------------Date 24/11/09
Nifty has successfully crossed 5100 and now it will be important for market to sustain at this level to create new 52 week high.5200 target for nifty is very much convincing now,But lot more depends upon the tuesday run of martket.US and Europeon markets are trading higher and if Asian market will be supportive in the morning then we can expect a gap up opening.
On negative side 5070 will be a signal for downside momentum.
FridayStrategy------------------Date 20/11/09
A big sell off is expected tommorow.US Market and Europeon markets are trading down by more than 1.5%.By new Nifty positions only after Nifty crosses 5000 and sustains till 2:00p.m.
Wednesday Strategy------------------Date 18/11/09
We had shown our concern yesterday and recommended to book profits.5100 is a very deciding target for nifty on positive side so one should be remain cautious while nifty reaches to 5100.
US Market and Europeon markets are trading week and we think that 5060 should be a barrier for tommorow and on negative side if nifty trade below 5000 till 2:45 pm them nifty futures will be a sell.
Members can calculate resistance and support for nifty and for any share with the calculator given to registerd members so we are not writing here about resistance and supports.
We are very soon starting our live market call services and the charge will be levied accordingly.We would appreciate if visitors can write about their expectations and mode of communication they want in Forum Section.
Tuesday Strategy------------------Date 17/11/09
Tommorow may be the day when nifty would touch 5100 and then we have to decide accordingly.US and Europeon market is trading in positive surge and the impact will definitely be on our markets too.Market may get a gap up opening and can go up to 5090-5110.
We recommend our visitors and members to Buy nifty futures only if it trade above 5130 atleast till 2:45 p.m.
If some positions are already open then in that case book profits near around 5100 and reenter as per the given condition of nifty.
Thursday Strategy------------------Date 12/11/09
the target of 5000 Nifty is achieved finally.But the next target to predict is little bit difficult for now as the nifty has again entered in its previous zone.As per the technicals is concerned we expect a good profit booking today which may drive the market in negative.
We advice all our members and visitors to book profit today and wait till market crosses 5100 on positive side.
Wednesday Strategy------------------Date 11/11/09
Market has lost its winning streak on tuesday but still it got able to close above 4850.So today the crucial part for the whole day will be 4850 level on lower side and 4900 on higher side.
So in specific terms Sell Nifty below 4850 and Buy Nifty above 4900.
Tuesday Strategy------------------Date 10/11/09
Nifty has crossed 4900 and we don't see a turnaround before 5000.So stay invested in Nifty for a target of 4980-5000 with a stop loss od 4850.All the Europeon market is trading positively and U.S. market is also in upside mode,so it will further drift our market and we recommend to book the profit near 5000 level of nifty and to take the new position only after getting further movement technical signal.
Friday Strategy------------------Date 06/11/09
Market has safely crossed all the barriers now and it is heading toward 4840.We advice to keep a strict stop loss of 4700 with retaining the nifty futures positions.The US Market is trading higher on the news of reduction in job claim data and the impact will be seen in our market too.
Thursday Strategy------------------Date 05/11/09
Be ready for profit booking.Market surge today is an opportunity for profit booking.US Market is trading higher and we hope that we may see a little gap up opening,so book profit if market breaks opening level with more than 20 points.
Wednesday Strategy------------------Date 04/11/09
Market should show some consolidation today with some positive points.Today Nifty future may touch 4500 and then a bounce back is possible.
The day is more of a trading day and we won't recommend any carry forward short or buy position in Nifty.Intraday trading is better for today.
The calculation for Resistance and Support can be done with calculator given to members so we are not writing here about them.
Hang Seng is trading in positive with morethan 1.5% upside and Nikki is almost trading flat.
For long term investor,We recommend not to buy and sell at this moment.Below 4500,market will again be in selling pressure and if it crosses 4700 then we may consider some buying.So wait for the clearing of this clout.
Tuesday Strategy------------------Date 03/11/09
Market is likely to be in negative zone today and the Target for Nifty is 4500 in 2-3 days and for Sensesx 15000.So trade cautiously and don't buy any long position in Nifty until it crosses 4770.
Friday Strategy------------------Date 30/10/09
Nifty is likely to open with positive gap on positive cues from US and Europeon market.
Buy Nifty above 4780 and Sell Nift below 4740.
Thursday Strategy------------------Date 29/10/09
U.S. Marlet and Europeon market is trding weak amd i think market may take some more falling steps.The situation is not clear and we advice traders and investors to remain cautious.As per the technicals market may go up til the time of closing but due to absence of gloabal support we think it is better to wait for tommorow asian world indices movements.
Wednesday Strategy------------------Date 28/10/09
After expected steep fall below 4975 tommorow may be a day for consolidation with little recovery.Nifty have a small support near 4800 and we will advice the traders to cover short nifty futures till we don't get next breakout either positive or negative.
It is estimated that RBI hike in SLR by 100 basis points may suck 30000Cr from the market so we should wait for the momentum before taking any new buying position for long amd middle term.Intraday trading in this situation is better.
Now every visitor can calculate the Resistance and Support with the calculator provided in members area so we are not writing here the support and resistance levels for tommorow.Please calculate your self and if you have any difficulty in using the calculator then write to us in Guestbook or at marketspeaks@gmail.com.
Friday Strategy------------------Date 23/10/09
As we had said market has taken a big dip today after crossing 5060.Now the time is to remain cautious and we advice investors to book partial profits in nifty futures if nifty crosses 5020 on positive side and on negative side Nifty will convert in heavy sell after crossing 4975.
Thursday Strategy------------------Date 22/10/09
Nifty has not closed below 5060 but if on thursday it trade below 5060 or 5050 till 1:30 p.m. than it will be sell signal for nifty.As per the techicals tommorow we may see recovery in nifty from the opening.
Wednesday Strategy------------------Date 21/10/09
The consolidation at around 5100 is happening and it will create a good support for next rally.We are bullish on nifty right now and we advice investors to Buy nifty futures on any drop.Mid term target for nifty 5200 -5250.
For tommorow Nifty may open in negative and it should take a support near around 5080 and depending upon all othe major global indices it will take the direction.But it should not close below 5060 as this level will covert the direction of the trend.
So Buy Nifty with a strict stop loss of 5060.
Saturday Strategy------------------Date 17/10/09
Wishing all of you good luck for Muhurat Trading.
Buy Nifty Futures for a target of 5200 in 1-2 days of trading.
