Guide- Candle Stock Patterns ( Tradeing Guide )

Thursday, March 31, 2011

01 April 2011

NIFTY SUPPORT- 5790 - 5650
        RANGE- 5800
   RESISTANCE- 5800 - 5850

NIFTY 200 DAYS MA IS 5691.NIFTY CLOSED ABOVE the 200 days SMA.


SELL NIFTY ONLY BETWEEN 5765-5750 SL 5795 ( SPOT ). TGT 5680-5620.
As we advised in AXISBANK , BHARTIARTL -- Both stocks are 5 % Down each - even in the market moves 50 points UP .


SOME MORE STOCKS are PROFIT BOOKING ZONE, Over brought, looking negative, may fall 10% from CMP, Please stay away from this stocks & DON'T take any fresh position in this stocks, how are all don't want to sell in this stocks please do the hedging in the stocks,  Stocks are mentioned below


ADANIENT

BHARTIARTL


BOSCH


MAX


LICHOUSING FIN


NTPC


PNB


ULTRACEMCO


WIPRO


YESBANK





NIFTY may fall until 5600 level please DONT take any  fresh position until break 6030 ( as we advised to take fresh position in the range of 5540 - 5550 please book your profit of 300 points and stay away, please dont HOLD )




Tuesday, March 29, 2011

30 Mar 2011

NIFTY SUPPORT- 5760 - 5502.60
        RANGE- 5700
   RESISTANCE- 5800 - 5850

NIFTY 200 DAYS MA IS 5691.NIFTY CLOSED ABOVE the 200 days SMA.

INTRADAY BUY NIFTY ONLY ABOVE 5800 SL 5760 TGT-5840-5880-5900.

SELL NIFTY ONLY BETWEEN 5710-5750 SL 5795 ( SPOT ). TGT 5680-5620.
BUY NIFTY PE ( next month ) @ CMP - Target 100 - 120 Time Frame - ONE WEEK.

DON'T HOLD ANY POSITIONS ( especially in BHARTIARTL , AXISBANK ). Stocks are looking HEAVY OVEERRR BOUGHT


PLEASE WATCH MY SOFTWARE VIEW'S




MY DELIVERY CALL STATUS.

STOCK       ENTRY PRICE          STATUS 

HINDALCO    189          3ND TGT  ACHIEVED 206
KTK BANK    99.8         3ND TGT  ACHIEVED 106 (( PLEASE EXIT ))
VIDEOCON    181          2ND TGT  ACHIEVED 192

Thursday, March 24, 2011

NIFTY

NIFTY SUPPORT- 5482.90 - 5502.60
        RANGE- 5515.80 
   RESISTANCE- 5535.50 - 5548.70

NIFTY 50 DAYS MA IS 5499.NIFTY DOWN TREND ONLY BELOW 5489.

INTRADAY BUY NIFTY ONLY ABOVE 5552 SL 5422 TGT-5564-5577-5590.

SELL NIFTY ONLY BELOW 5488 SL 5518. TGT 5476-5460.

MY DELIVERY CALL STATUS.

STOCK       ENTRY PRICE          STATUS 

HINDALCO    189          2ND TGT  ACHIEVED 206
KTK BANK    99.8         2ND TGT  ACHIEVED 106
VIDEOCON    181          2ND TGT  ACHIEVED 192

Wednesday, March 23, 2011

24-MAR-2011


WE HAVE A LONG POSITION IN NIFTY @ 5442  YESTERDAY 1ST TARGET ACHIEVED @ 5502(50PTS).

POSITIONAL TRADERS HOLD NIFTY LONG POSITION WITH SL 5442 ON COSING BASIS TGT 5517-5533. BREAK 5538 ON CLOSING BASIS TGT WILL  BE 5558-5586-5600.

MY DELIVERY CALL HNDALCO GOING STRONG 1ST TARGET ACHIVED @ 196. CALL GIVEN @ 187-192.

SHORT TERM DELIVERY BUY HCL-INSYS BETWEEN 98-101 SL 96.1 TGT 104.4-109-112-125 HOLD FOR TWO WEEKS.

INTRADAY BUY MCDOWELL ONLY ABOVE 1035 SL 1017 TGT 1044-1054-1064-1088-1100.


NIFTY & BANK NIFTY HOURLY CHARTS 



NIFTY & BANK NIFTY DAILY CHARTS






Monday, March 21, 2011

22-mar-2011

NIFTY SUPPORT- 5310-5337
       RANGE - 5375
       RESIS - 5402-5440

INTRADAY BUY NIFTY ABOVE 5439 SL 5407 TGT 5451- 5464-5480 

INTRADAY SELL NIFTY BELOW 5373 SL 5497 TGT 5361-5350 BELOW 5350 TGT WILL BE 5338-5320.


buy & hold hindalco between 187-193 sl 183 tgt  196-199-203-209-222.

SHORT TERM DELIVERY BUY & HOLD KTK BANK BETWEEN 97- 99.8 SL 95 TGT 103-107-115


INTRADAY CALLS SEND VIA YAHOO MESSENGER.ADD MY YAHOO MESSENGER ID niftyhitech@yahoo.com

Friday, March 18, 2011

NIFTY WILL BE

WE ALREADY MENTIONED ON 16-MAR-2011
IN SHORT TERM NIFTY STRONG SUPPORT @ 5431. BREAK THIS LEVEL ON CLOSING BASIS EXIT LONG.

POSITIONAL TRADERS EXIT NIFTY LONG POSITION.BUY ONLY CLOSE ABOVE 5442 ON CLOSING BASIS.

NIFTY WEEKLY LEVELS

SUPPORT -5317  - 5381
RANGE-5472
RESI-5536 - 5627


INTRADAY SELL NIFTY BELOW 5379 SL 5411 TGT 5365- 5354-5340.

Thursday, March 17, 2011

18-Mar-2011

BUY & HOLD BHEL 1950 CALL BETWEEN 28-33 SL 21 TGT 38-42-58-80

buy & hold arevat&d at cmp 224 sl 217 tgt 228-234-247-270

Nifty Target achived

NIFTY SELL CALL 2ND TARGET ACHIVED @ 5572. MODIFY SL TO @ COST

Wednesday, March 16, 2011

17-Mar-2011



NIFTY SUPPORT 5448 - 5479
RANGE         5507
RESISTANCE    5538 - 5566

IN SHORT TERM NIFTY STRONG SUPPORT @ 5431. BREAK THIS LEVEL ON CLOSING BASIS EXIT LONG.

INTRADAY TRADERS BUY NIFTY ONLY ABOVE 5542(SPOT)SL 5512 TGT 5556-5572-5592.


INTRADAY NIFTY SELL BELOW 5503 SL 5543 TGT 5486-5472-5452.


BUY & HOLD VIDEOIND BETWEEN 181 TO 186 SL 176 TGT 189 - 192-196-205.



Thursday, March 10, 2011

16 Mar 2011


Nifty Support 5397  5464 
        Range 5501
        Res   5567  5604







INTRADAY TRADERS BUY NIFTY ONLY ABOVE 5540  SL 5507 TGT 5570- 5600-5620.


POSITIONAL TRADERS BUY NIFTY BETWEEN 5512-5550 SL 5400 ON CLOSING BASIS.


NIFTY 20 Days SWING ATR CAN BREAK @ 5538  ( Until today not yet broken ), FRESH LONG POSITION CAN BUY ABOVE 5540, 50 Days MOVING AVERAGE @ 5588, IF ITS BREAKS THEN WE CAN SEE THE NIFTY IN BULLISH MODE.






AREVAT&D BUY ABOVE 249 & HOLD with SL @ 239  Target 256 / 262 / 272 & ABOVE  ( 20 Days Swing ATR 264 )--- Reason for the BUYING CALL within last 10 days Sharply corrected almost 20 % and its going to break the MOVING averages.


Wednesday, March 9, 2011

Mcleodruss --- SELL CALL

SELL --- MCLEODRUSS  BETWEEN 250 -- 245 , SL 260, Target 240 / 235 / 225


Please TRADE in FUTURE to Avoid Short covering on the SAME day and targets


10 Mar 2011


S 2 S 1 Pivot R 1 R 2
5438.00 5484.45 5523.90 5570.30 5609.75


INTRADAY TRADERS BUY NIFTY ABV 5525  STRICT SL 5480 TGT 5570- 5590-5620.

POSITIONAL TRADERS SELL NIFTY BETWEEN 5645-5690 SL 5720 ON CLOSING BASIS.

MAXIMUM UPPER-SIDE WILL BE 5670
 
 
INDICATORS ARE LOOKING NEGATIVE FOR NIFTY, so Please don't take any fresh position until NIFTY breaks 5625.

Tuesday, March 8, 2011

09Mar

SHORT TIME DELIVERY HOT PICKS Call GIVEN on 04 Mar 2011

SKUMARS  BUY BETWEEN  52 - 56   --- SL 48,, Target 58 / 59 /62 / 65.


Book Partial Profit Above 58, SL Modify to Cost

Cairn 340 Put target 1 achieved  

PatelEng target 1 achived -- Book partial profit & Modify the SL to Cost

Monday, March 7, 2011

08-mar-2011

NIFTY INTRADAY SUPPORT 09-03-2011

S 2 S 1 Pivot R 1 R 2
5439.55 5480.15 5505.35 5545.95 5571.15





INTRADAY TRADERS BUY NIFTY ABV 5510 SL 5470 TGT 5540- 5570-5620.

POSITIONAL TRADERS SELL NIFTY BETWEEN 5645-5690 SL 5720 ON CLOSING BASIS.

MAXIMUM UPPER-SIDE WILL BE 5670 

NIFTY WEEKLY SUPPORT 
5060 - 5181 - RANGE - 5354.00-RES - 5475-5647


For Free Trial, Software Demo, Live Support -- Add our Yahoo Messenger ID       niftyhitech@yahoo.com

Sunday, March 6, 2011

ITC

SAFE TRADERS BOOK PROFIT ITC 170 PUT @ 5.4 CALL GIVEN @ 3.5.

RISKY TRADERS  HOLD FOR TARGET.


BUY ArevaT&D between 252 - 254 With Strick SL 249, target 264 / 266 / 270




BUY  CAIRN - 340 PE Between 1 - 2, Target 5 / 7 / 11 --- Time Frame -- Until Month Expiry

Friday, March 4, 2011

5472.90 5505.80 5557.00 5589.90 5641.05



NIFTY INTRADAY SUPPORT 09-03-2011

S 2 S 1 Pivot R 1 R 2
5439.55 5480.15 5505.35 5545.95 5571.15





INTRADAY TRADERS BUY NIFTY ABV 5510 SL 5470 TGT 5540- 5570-5620.

POSITIONAL TRADERS SELL NIFTY BETWEEN 5645-5690 SL 5720 ON CLOSING BASIS.

MAXIMUM UPPER-SIDE WILL BE 5670 

NIFTY WEEKLY SUPPORT 
5060 - 5181 - RANGE - 5354.00-RES - 5475-5647








Wednesday, March 2, 2011

04-Mar-2010



NIFTY TAKE SUPPORT AROUND 5430-5450.MAX TGT WILL BE 5570-5640 -5680. MAJOR DOWNSIDE EXPECTED ONLY BELOW 5358.
SHORT TRADERS SELL NIFTY NEAR 5650 LVL SL 5702.TGT WILL BE 5530-5480-5428.


NIFTY WEEKLY SUPPORT
5060 - 5181 - RANGE - 5354.00-RES - 5475-5647



BUY & HOLD ITC 170 PUT BETWEEN RS.3 TO RS.4 SL RS.1.5 TARGET 5.5 -7 -9



SHORT TIME DELIVERY HOT PICKS


SKUMARS  BUY BETWEEN  52 - 56   --- SL 48,, Target 58 / 59 /62 / 65.


ADANIPOWER  BUY BETWEEN 107 - 114 --- SL 102,, Target 117 / 122 / 126 / 135


STRONG BUY FOR SHORT TERM  DELIVERY


PATELENG  BUY 138 - 140 --- SL 134, 
Target 145 / 150 / 160 & Above




AREVAT&D  BUY 252 - 254 --- SL 248,
Target 256 / 260 / 270 & Above