WEEKLY REVIEW

JAY SWAMINARAYAN...ON 4-4-11 WE SAID " IT IS VERY HARD FOR NIFTY TO GIVE CLOSE ABOVE 5980-6020 " AND " IF NIFTY NOT HOLD 5750-5660 LEVELS THEN WE SEE SHARP DOWNFALL TOWARDS 5500-5400 "
YOU SAW  IN LAST 3 WEEK NIFTY WAS  TRADED BETWEEN 5980-5660.AND EVEN NIFTY NOT READY TO  TOUCH 5980 OR 5660.
WE EXPECT IN THIS WEEK NIFTY SHOULD BE TRADED BETWEEN 5980 -5660.THIS IS F&O EXPIRY WEEK SO VOLATILITY WILL BE EXPECTED.BUT REMEMBER  WHAT WE SAID FROM LAST 3 WEEK, WE ARE  NOT TRADE ANY SIDE BETWEEN 5870-5980. AND NOW YOU KNOW VERY WELL WHEN TO OPEN LONG OR SHORT ON NIFTY.

WE EXPECT IN UPCOMING 3-4 WEEK'S NIFTY WILL BE START  TO GOING  FOR BIG MOVE. 800-1000 POINTS MOVE EIGTHER SIDE ( UP OR DOWN ).UP MOVE PROBABILITY IS 40% AND DOWN MOVE PROBABILITY IS 60%

NIFTY :: OP : 5882.85 , HI : 5912.90 , LO : 5864.35 , CL : 5884.70.

WEEKLY REVIEW

JAY SWAMINARAYAN...WE SAID ON 4-4-11 "NOW NIFTY WILL LOSE IT'S MOMENTUM & STRENTH DAY BY DAY AND GOING TOWARDS 5750-5660. " AND YOU SEE NIFTY LOW WAS 5737.
 NOW IN THIS WEEK WE STILL CONTINUE WITH OUR  4-4-11 STATMENT . THAT NIFTY GOING DOWNSIDE AND IF NOT HOLD 5750-5660 THEN IT SHELL FALL SHARP TOWRDS  5500-5400 LEVELS . SO BELOW 5870 CONTINUE YOUR SHORT WITH SL OF 5930 . IF NIFTY GET SUCCESS TO GIVE CLOSE ABOVE 5980 THEN ONLY OPEN FRESH LONG.
AFTER 1ST OR 2ND WEEK OF MAY-11 WE WILL SEE MORE DOWNSIDE LEVEL AND 5000 IS POSSIBLE TGT..

NIFTY : OP: 5898.75 , HI : 5907.35 , LO : 5806.45 , CL : 5824.55 . 

WEEKLY REVIEW

JAY SWAMINARAYAN...ONCE AGAIN WE CAUGHT NIFTY MOVE SUCCESSFULLY AS USUAL. LAST WEEK NIFTY TRADED AS WE SAID ON 4-4-11. NIFTY LOST IT'S STRENTH & MOMENTUM DAY BY DAY AND CLOSED BELOW LAST DAY ALMOST EVERY DAY.
WE EXPECT IN THIS WEEK NIFTY WILL GOING DOWN TOWARDS 5750-5660. SO OPEN YOUR SHORT RIGHT NOW WITH SL OF 5980.[IF SOME ONE NEED TIGHT SL THEN PUT YOUR SL FOR 50% QUANTITY AT 5890 AND FOR REST 50% PUT SL AT 5930.REMEMBER OUR SL WORKING ON CLOSING BAISE].IN ANY CONDITION IF NIFTY WILL GET SUCCESS TO CLOSE ABOVE 5980, ONLY THEN WE OPEN LONG.WE AGAIN SUGGEST " BETWEEN 5870 - 5980 AVOID FRSH POSITION ANY SIDE " [NOT SHORT OR NOT LONG]
WE EXPECT 5800-5750 IS 1ST SUP. & 5660-5620 IS 2ND SUP. FOR NIFTY AND 5890-5930 IS 1ST RES. & 5980-6020 IS 2ND RES. FOR NIFTY.
WE EXPECT IN CURRENT WEEK IF NIFTY WILL CLOSE BELOW 5780-5750 THEN NEXT WEEK NIFTY DEFFINATE GO DOWN FUTHER AT 5660-5570.AND THEN WEEK START FROM 25-4-11 NIFTY WILL TRADE IN SIDEWAYS AND WILL BE GIVE CLOSE IN GREEN WITH LITTLE BIT GAIN, NOT TO MUCH. THEN IN MAY WE WILL SEE ACTUAL DOWN FALL.

NIFTY :: OP = 5886.75 , HI = 5926.95 , LO = 5822 , CL = 5842 .

WEEKLY REVIEW

JAY SWAMINARAYAN....WE EXPECT NOW NIFTY HAVE TO FACE VERY  STRONG  RESISTANCE  AT 5930-6020 LEVEL . IT IS VERY HARD FOR NIFTY TO GIVE CLOSE ABOVE 6020 AND SUSTAIN ABOVE 6020. [THERE ARE VERY LITTLE CHANCE , BUT ONCE NIFTY WILL GET SUCCESS TO SUSTAIN ABOVE 6020 THEN WE WILL SEE  MORE UPSIDE BEFORE MAY-2011]. WE EXPECT NOW NIFTY NEAR TO SURRENDER IT'S GAIN AND GO BACK TO TEST 5800-5750 LEVEL AFTER 2-3 DAY'S. IF NIFTY NNOT HOLD 5750-5660 LEVEL THEN WE SEE SHARP DOWN FALL TOWARDS 5400-5300. NOW DAY BY DAY NIFTY LOSE IT'S STRENTH & MOMENTUM BUT BEFORE THIS HAPPENED A JERK IS NOT RULED OUT .

NIFTY ::  OP = 5842 , HI = 5918.70 , LO = 5833.20 , CL = 5908.45 .