31st AUGUST NIFTY VIEW

On the back of positive close in the World markets, Nifty Future opened firm but could not sustain at higher levels. In the early trades, it made a high of 5465 and in the 2nd half of the day it broke the previous day's low to make a lower low at 5391. In a surprises move it showed sharp recovery in the last 30 min and closed higher at 5426....It is pertinent to note the current fall is without any negative news for the market and hence optimism creeps in at lower levels. Secondly, on the weekly chart 5398 is the immediately preceding weekly top - break of which will indicate a major bearish signal.

For tomorrow, I would continue to suggest - avoid long positions. On higher side, Nifty Future will find resistance at 5465 and 5485 and this area may provide good opportunity to go short with strict stop loss of 5500.

All the best

ALERT

WATCH SUGAR STOCKS....... ONE SIDE FALL 8%

BAJAJHIND 122 TO 114.5 NOW


NIFTY ALSO GONE......


NOW ALSO SAME STRATEGY .... SELL SELL ... EVERY RISE SELL SELL .

ALERT .

WATCH FRIDAYS SHORT CALLS :

SUZLON DOWN DOWN ......MY TARGETS 42-37-32

SUGAR STOCKS DOWN ALMOST 6-8%

TATASTEEL SOME INSIDE NEWS(PLANT SALE NEWS) THATS WHY MOVING UP.....BUT I DON'T THINK THIS RALLY SUSTAIN......BIG SLIDE ON CARD....ANY RISE SELL SELL SELL.

DON'T BUY ANYTHING .... HIGHER LEVELS SELL SELL ALL YOUR DELIVERY HOLDINGS..... SL 5555 .....ONCE BREAKS 5365 WITH VOLUMES ...MY NIFTY TARGETS 5240 -5125 - 4990 -4700-4500-4200.

ALERT

YESTERDAY ONLY GIVEN LEVLS:we may see some bounce considering the channel support. However, I would not advise going long at this stage, This bounce may take Nifty Future to 5455 or 5470. At this level, it will be better to go short, with stop loss of 5500.

WATCH NIFTY HIGH 5465 ....AND COMING DOWN ... NOW AT DAYS LOW 5432

AUGUST 30th NIFTY VIEW

In Friday's trading Nifty Future had to contend with the high of 5490 in the early trades. In the second half it maintained downward bias and went down to make a weekly low of 5398. It closed at 5416 - near the low of the day. Nifty Future took support at the lower channel - first critical level that was being mentioned for some days now.As is being mentioned for sometime now, market needs to correct and I feel Friday's move has given the first confirmation of the same.If you feel that channel break on the down side could eventually take the market down to much lower levels - just to remind you of the big gap left on the day after the election results, it is still not too late to sell on delivery basis so that buying can be done at the lower levels. the lower level of the channel is near 5000 - a good 400 points below the current level.

Tomorrow, we may see some bounce considering the channel support. However, I would not advise going long at this stage, This bounce may take Nifty Future to 5455 or 5470. At this level, it will be better to go short, with stop loss of 5500. Nifty Future has to cross 5500 to regain strength - which looks difficult considering the sharpness of the fall during the second half of the Friday.On the down side, 5380 and 5350 may provide minor support but eventually market has to seek lower levels in the coming days. Nifty Future may find good support at 5225-5250.

All the best.

TODAY NIFTY SHORTED LEVEL 5480(call given @ 10.22) ....CLOSING 5405 ...STILL HOLDING SHORTS

PUTS ALMOST DOUBLE FROM BUYING LEVEL

SUGAR STOCK FALL 6% FROM YESTERDAY CALL.... STILL SHORTS HOLDING

EVRYTHING FALLINGGGGGGGGGGGGGGG.


FALL ENJOYED OR NOT ??

GUYS... WATCH BLOG REGULARLY ..... YOU SHOULD GET 100% PROFITABLE CALLS EVERY DAY .

ALERT

WATCH NOW.....EVERYTHING FALLING ONESIDE.

NIFTY FREE FALL......ME WRITING FROM LAST 15 DAYS .... 5555 SL ... SHORT NIFTY ... NOW WATCH....DIDN'T BROKEN 5555 AND FALLING ONESIDE....PATIENCE IS MAIN THING HERE.

SUGARS FREE FALL MODE...

METALS ALSO STARTED FALLING ...

MERCATOR(MLL) HOLD ...AND BUY MORE AT LOWER LEVELS.... ..MY TARGET 57 -62