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Tuesday, 26 July 2011

Nifty Intraday Outlook For Tomorrow 27-July

Indian markets opened with a sideways bias but failed to manage up-trend. Nifty found unable to break last day's high and broke 5,600 levels on downside, which shows BEARS are having control at the moment.

For coming trading sessions selling pressure may continue if Nifty trades below 5,550 levels. On the upside, recovery may only be seen if Nifty manages to trade above 5,600 levels.

For intraday trading tomorrow, trend deciding level is at 5,580-5,600. If Nifty shows strength above these levels, then rally to 5,650/5,680/5,710 levels may be seen. If Nifty does not show strength above 5,600 levels then selling pressure till 5,550/5,520/5,480 may also be seen.

Monday, 25 July 2011

Stock Tips For Tomorrow 26-July

Thermax Ltd.
Buy around 605-607 for target of Rs 615-622-626 with placing a stop loss of Rs 597.

Jyothy Laboratories Ltd.
Buy above 248 for target of Rs 251.40-253.25-255 with placing a stop loss of Rs 245

Hindalco Industries Ltd.
Buy above 180 for target of Rs 183-185-186.40 with placing a stop loss of Rs 176.80.


Nifty Intraday Outlook For Tomorrow 26-July

Indian Markets opened flat and closed at 5680 with good gains. Closing above 5,655 level is a positive signal for markets in coming sessions. For Next trading sessions market is expected to trade in a wide range of 5620-5750 with high volatility as account of RBI-Credit policy and reliance industries results ahead.

For intraday tomorrow the Nifty may trade in between 5,655-5,710 and the resistance may be at 5,750 and the crucial resistance may be at 5,800. The support for the Nifty may be at 5,635-5,610. Traders are recommended to buy Nifty at dips for the coming session.

Friday, 22 July 2011

Intraday Stock Tips For Monday 25-July

MphasiS Ltd.
Buy above 445 for target of Rs 450-454-457 with placing a stop loss of Rs 439.60.

Sintex Industries Ltd.
Buy around 184-184.50 for target of Rs 187-188.75-189.60 with placing a stop loss of Rs 181.70.

Sesa Goa Ltd.
Buy above 284 for target of Rs 286.80-289-281.50 with placing a stop loss of Rs 281



Nifty Intraday Outlook For Monday 25-July

It was quite good week for Indian Stock Markets. The Sensex gained 0.8% while the Nifty closed with 0.9% gains during the week.

While commenting on Nifty for Monday it is expected that market may remain volatile. Today Nifty managed to close above 5,600 with considerable gains, however 5,650 level may continue to be danger area for the bulls. Until Nifty closes above 5,650 level, the possibility of loosing to support levels exists. Good support for Nifty exists at 5,540-5,500 levels. Monday will witness results of heavyweight Reliance and NTPC. Reliance results are likely to influence the market trend in short term. Nifty is likely to consolidate within 5,500-5,700 range.

Thursday, 21 July 2011

Intraday Tips For Tomorrow 22-July

Suzlon Energy Ltd.
Buy at 52.75 for target of Rs 53.50-54.30-55 with placing a stop loss of Rs 51.80.

Sesa Goa Ltd.
Sell below 280 for target of Rs 275-272.40-270 with placing a stop loss of Rs 284.

Nifty Trend & Intraday Tips For Tomorrow 22-July

Indian markets witnessed selling pressure for the second consecutive day. Nifty has given a break down at 5550 level in intraday and closed below it which suggests market trend is bearish for coming trading sessions.

Selling pressure may continue if Bulls unable to protect 5,550 level, decisively the selling pressure may be continuing. For intraday tomorrow, Trend deciding level is at 5,550. If Nifty shows strength above this level, then rally to 5,580/5,620/5,650 levels may be seen. On the downside if Nifty does not show strength above 5,550 levels then selling pressure till 5,500/5,450/5,400 may also be seen.

Wednesday, 20 July 2011

Stock Tips For Tomorrow 21-July

Housing Development & Infrastructure Ltd.
Sell below 156.80 for target of Rs 154.50-153-151.85 with placing a stop loss of Rs 160.

Jindal Poly Films Ltd.
Sell below 280 for target of Rs 275-272-270 with placing a stop loss of Rs 285.

Dena Bank
Sell around 80-80.50 for target of Rs 78.60-77.25-77 with placing a stop loss of Rs 82.

Nifty Outlook For Tomorrow 21-July

Nifty witnessed a sharp fall below the support level of 5,600 and closed below the middle Bollinger band of 5,585 and this level has become its immediate resistance. Above this level Nifty has resistance at 5615 and 5650 while the support may be seen at 5,540 and 5,500 levels.

For intraday trading tomorrow, trend deciding level is at 5,560. If Nifty shows strength above 5,560 levels, then rally to 5,585/5,615/5,650 levels may be seen. On the downside if Nifty trades below 5,540 levels then selling pressure till 5,500/5,450/5,400 may also be seen.

Monday, 23 May 2011

Delta Divergence Short Setup on Crude Oil

I noticed this nice short setup on CL today. Cumulative Delta was lower while price was higher(also it was a morning High of Day).

Delta Divergence Short Setup on Crude Oil

I noticed this nice short setup on CL today. Cumulative Delta was lower while price was higher(also it was a morning High of Day).

Monday, 9 May 2011

Delta Footprint Charts

The key move occurred at 8:46am (11:46am EST).

Cumulative Delta goes negative @ 8:46, then price reverses and goes higher past negative Delta price level. MELT UP!

The Cum. Delta started dropping at 842.5 at a key reversal time period 11:45am (2:45pm EST)

Delta Footprint Charts

The key move occurred at 8:46am (11:46am EST).

Cumulative Delta goes negative @ 8:46, then price reverses and goes higher past negative Delta price level. MELT UP!

The Cum. Delta started dropping at 842.5 at a key reversal time period 11:45am (2:45pm EST)