Dow - Will the correction get over ?

NIFTY INTRADAY - DT.09-012-09

Nifty Weekly chart.

Nifty - Ready to break out !

Golden correction in GOLD !

Gold mini December contract daily chart @ 3.55pm.

Today Gold mini corrected heavily hitting the low of Rs.17372.00 at 1:15pm in December contract. It will be making bearish engulfing candle if it does not recover at the end of the day, or if recovers it can make a hanging man. In both case, it will be a sign of correction in strong uptrend. Can take support at 20DMA.

INDIAN OVERSEAS BANK - can give good upmove !

Buy IOB with stop loss below 113.20. If you are lucky, and does not hit the stoploss, book where ever you like as shown in the chart.

NIFTY - TODAY'S OUTLOOK.

NIFTY - SUPPORT - 4856, RES- 5024. EXIT LONGS IF TRADES BELOW 4856 FOR MORE THAN 30MIN. EXIT SHORTS IF TRADES ABOVE 5024 FOR 30MIN. PIVOT - 4940.

Indian Rupee to gain more strength against US $

Indian Rupee can strengthen against US $. ( Or US $ loosing strength world wide). If this happens, it can help bulls in Indian Stock Market. Indian Stock Markets to remain volatile?

Nifty - monthly chart with Andrew Pitchfork.

One of the possibility : Markets may go for W shaped recovery. Time will tell. I will be pleased if any learned person will share the views.

Trading Call.

On demand from some friends, I will post some trading calls as and when I find them appropriate. Do not compromise with the stop loss.

NAGARCONST

Buy in the range of 151.10 to 155.30.

Stop Loss – below 149.00.

Intra day target – 162.00.

Nifty EOD chart with fib and parallel lines.

Nifty - at crucial level.

Nifty tagging lower Bollinger band, RSI near 40 mark. Further slide can be a night mare for Bulls.

HAPPY DIWALI AND NUTAN VARSHABHINANDAN !

Dear Friends,

DHAN LAKSHMI
DHANYA LAKSHMI
DHAIRYA LAKSHMI
SHOURYA LAKSHMI
VIDYA LAKSHMI
KARYA LAKSHMI
VIJAYA LAKSHMI
RAJ LAKSHMI

MAY ALL THE ASHTA LAKSHMI SHOWER THEIR BLESSING UPON YOU AND YOUR FAMILY.

Nifty EOD with regression channels.

NIFTY 60 MIN CHART.

NIFTY READY TO EXPLODE !

There can be a correction up to 4865, but very soon nifty can explode and go up to 5800+ level. Nifty easily crossed 5050 level which I thought, could have resist for a short while.

NIFTY - 5050, very strog resistance.

NIFTY 15MIN CHART.

NIFTY CAN BE VERY VOLATILE IN NEXT WEEK

NITY TOO MUCH, TOO FAST.

PROVISIONAL DATA - FII NET SELL RS.399.92 CRORE, DII NET SELL 5.35CRORE ON DT.04-08-09 FRIDAY. NIFTY GAINS +86.85 POINTS (1.9%).

Nifty in the triangle?

NIFTY EOD - LOOKS VERY GRIM.

The picture though looks very grim but down fall might not be very strong and drastic.

Nifty monthy chart.

In August 2009 FII selling = Rs. 3767.03, DII Buying = Rs. 4984.71.
In this Big fight of Big Bulls and Big Bears, we all should be very care full.

NIFTY - INITIAL UPMOVE DIFFICULT TO SUSTAIN.

NIFTY 3LINE BREAK, 60MINUTE CHART.

MICHCHHAMI DUKKADAM

At any point of time,

I may have hurt you or your emotions,

Knowingly or Unknowingly,

Through my actions or words,

I ask for forgiveness.

Michchhami Dukkadam.

NIFTY HEADING TOWARDS 4600 !

Will nifty be able to cross the hurdle of 4600?
FII NET BUY - RS.532.80 CRORE (PROVISIONAL), DII NET BUY RS.95.72 CRORE (PROVISIONAL) ON Dt. 21/08/09.

Nifty can test 4325

Nifty needs consolidation.

VANDE MATARAM

Vande Mataram
Sujalam suphalam malayaja shitalam,
Shasyashyamalam Mataram!
Shubhra jyostna-pulakita yaminim,
Phullakusumita-drumadala shobhinim
Suhasinim sumadhura bhashinim,
Sukhadam varadam Mataram!

Trimshakotikantha-kalakala-ninada karale
Dvitrimshakoti bhujair dhrita-khara karavale
Abala kena ma eta bale!
Bahubaladharinim, namami tarinin,
Ripudalavarinim Mataram!

Tumi vidya, tumi dharma,
Tumi hridi, tumi marma,
Tvam hi pranah sharire!
Bahute tumi ma shakti,
Hridaye tume ma bhakti,
Tomari pratima gari mandire mandire !

Tvam he Durga dashapraharana dharini,
Kamala, kamala-dala-viharini,
Vani vidyadayini namami tvam
Namami Kamalam amalam atulam,
Sujalam suphalam Mataram,
Vande Mataram!

Shymalam, saralam, susmitam, bhushitam,
Dharinim, bharanim Mataram.

As translated by Sri Aurobindo, it reads:
I bow to thee, Mother,
richly-watered, richly-fruited, cool with the winds of the south,
dark with the crops of the harvests, the Mother !
Her nights rejoicing in the glory of the moonlight,
Her lands clothed beautifully with her trees in flowering bloom,
Sweet of laughter, sweet of speech,
The Mother, giver of boons, giver of bliss!
Terrible with the clamorous shout of seventy million throats,
And the sharpness of swords raised in twice seventy million hands,
Who sayeth to thee, Mother, that thou art weak?
Holder of multitudinous strength, I bow to her who saves,
To her who drives from her the armies of her foemen, the Mother!
Thou art knowledge, thou art conduct,
thou art heart, thou art soul,
for thou art the life in our body.
In the arm thou art might, O Mother,
In the heart, O Mother, thou art love and faith,
It is thy image we raise in every temple.
For thou art Durga holding her ten weapons of war,
Kamala at play in the lotuses
And speech, the goddess, giver of all lore, to thee I bow!
I bow to thee, goddess of wealth, pure and peerless,
Richly-watered, richly-fruited, the Mother!
I bow to thee, other, dark-hued, candid,
Sweetly smiling, jeweled and adorned,
The holder of wealth, the lady of plenty, the Mother!

NIFTY - 5min, hourly, eod, weekly, fibonacci level charts.

Finantech surges !

Finantech

Buy with the stop loss of 1295. Short term target 1463, 1525, 1602, 1741.

NIFTY - needs some more steam !

Nifty - 100sma crossing 200sma!

Nifty - Showing some weakness, but no trend reversal yet.

Nifty - No trend reversal yet.

Axis Bank - looks weak!

Thanks to nifty.bhaloo .

Will SBI hold out?

Reliance breaking the triangle on upside without increase in volume.

(Click to enlarge the image)

Reliance have broken the triangle on upside. If this was with good increase in volume then it could have been a very bullish sign.

Ready for 52wk high!

(click on the chart to enlarge)

Dancing with the BULLS !

GRAND BULL PARTY

Jai Ho!

If there is favourable poll out come, nifty can Blast !

Gold losing the shine?