Once Again We Succeeds

JAY SWAMINARAYAN

We said last week   “   Nifty will be traded with negative bias below 8630 and it would be declines towards 8540 – 8450. Other hand above 8630 Nifty will be traded with positive bias and it would be tries to touch 8720 – 8810.   “   We suggested Strategy:   [1]  Open short below 8630 with stop loss 8720 for targets 8590 – 8540 – 8500 - 8450.   [2]  Open long above 8630 with stop loss 8540 for targets  8680 – 8720 – 8770 – 8810.

Nifty opened positive and traded expected. In first half Nifty registered high of 8619.95 then declined sharp below 8300 and retest recent low of 8269. Nifty achieved our both down side targets and registered low of 8273.35 in second half. Nifty lost massive 300 points ( - 3.49 %) and closed in red.

                                         Once Again We Succeeds As Usual

Ø  We warned you in our weekly review from last 3 months every time, when Nifty came near 8900.

Ø  In our weekly review of 25-01-2015 when Nifty closed at 8835.

Ø  In our weekly review of 15-02-2015 when Nifty closed at 8805.

Ø  In our weekly review of 22-012-2015 when Nifty closed at 8833.

Ø  In our weekly review of 01-03-2015 when Nifty closed at 8901.

Ø  In our weekly review of 08-03-2015 when Nifty closed at 8837.

Ø  This time it closed at 8780 on 10-04-2015 and next week high was at 8844.

                                                    Our Warning

Ø  Plz keep close eye on 8900 level, in any situations if Nifty fails to cross and sustains above 8900 than it will be in big-big trouble in upcoming weeks and declines sharp towards 8450/8000.

                                                      Our Success 

      Result :: Nifty registered high of 8844.80 on 15-04-2015 than declined sharp and register low of 8273 on 24-04-2015.  Thus Nifty lost more than 500 points in just 2 weeks.

      Remember :: This time it closed at 8780 on 10-04-2015  (next week high was at 8844) and gained more than 500 points in last 2 weeks.

                                                      Our Success 

      Result :: Nifty registered high of 9119.20 on 04-03-2015 than declined sharp and register low of 8270 on 27-03-2015.  Thus Nifty lost more than 800 points in just 3 weeks.

      Remember :: when we warned you, in our weekly review of 08-03-2015, Nifty closed at 8937 and gained more than 600 points in last 3 weeks and closed in green each n every week. Only two days before (on 04/03/2015) RBI surprised again with post-budget rate cuts. 2^nd time in last 50 days and it was really a positive and unexpected surprise for the market, So sentiment was too high and most people were again start talking about 10000 level on Nifty. But we warned you at real time with perfect down side targets of 8450/8000 and Nifty made low of 8270 on 27/03/2015.

                                 

                                                         Our Success  

      Result :: Nifty registered high of 8996.60 on 30-01-2015 than declined sharp and register low of 8470 on 10-02-2015.  Thus Nifty lost more than 500 points in just 8 trading sessions.

      Remember :: when we warned you, in our weekly review of 25-01-2015, Nifty closed at 8835 and gained more than 800 points in last 3 weeks and closed in green each n every week. Only a week before (on 15/01/2015) RBI overnight cuts Rate, 1^st time after so long time and it was really a positive surprise for the market and sentiment was too high and most people were talking about 10000 level on Nifty. But we warned you at real time with perfect down side targets of 8450/8000 and Nifty made low of 8470 on 10/02/2015 and then turned up.  

                                                              For This Week

We expect, Nifty will be traded with negative bias below 8270 and it would be declines towards 8180 – 8090 - 8000. Other hand above 8270 Nifty will be traded with positive bias and it would be tries to touch 8360 – 8450 - 8540.  Nifty have 1^st Sup. at 8270 – 8230 & 2^nd Sup. at 8180 – 8140  3^rd Sup. at 8090 – 8050 and Nifty find 1^st Res. at 8360 – 8410 & 2^nd Res. at 8450 – 8500 & 3^rd Res. at 8540 - 8590.

This is the small & truncated week with holiday on Friday and also the F & O expiry in this week so be cautious and trade carefully. Hence we expect volatility to remain in the market.

Strategy:

[1]  Open short below 8320 with stop loss 8410 for targets 8270 – 8230 / 8180 – 8090  / 8050-8000.

                                                 

[2]  Open long above 8320 with stop loss 8230 for targets  8360 – 8410 – 8450 – 8500 / 8540 -8590.

NIFTY :: OP = 8618.80     , HI = 8619.95 , LO = 8273.35 , CL = 8305.25.

Weekly Review

JAY SWAMINARAYAN

We said last week   “   Nifty will be traded with negative bias below 8720 and it would be declines towards 8630 – 8540. Other hand above 8720 Nifty will be traded with positive bias and it would be tries to touch 8810 – 8900.   “   We suggested Strategy:   [1]  Open short below 8770 with stop loss 8860 for targets 8720 – 8680 – 8630 - 8590.   [2]  Open long above 8770 with stop loss 8680 for targets  8810 – 8860 – 8900 – 8950.

Nifty opened positive and traded expected. In first half Nifty registered high of 8844.80 and achieved our 1^st upside target. After that Nifty turned back towards our shorting level and declined sharp below 8600. Nifty achieved our both down side targets and registered low of 8596.70 in second half. Nifty lost 174 points ( - 1.99 %) and closed in red.

                                 For This Week

We expect, Nifty will be traded with negative bias below 8630 and it would be declines towards 8540 – 8450. Other hand above 8630 Nifty will be traded with positive bias and it would be tries to touch 8720 – 8810.  Nifty have 1^st Sup. at 8590 – 8540 & 2^nd Sup. at 8500 – 8450 and Nifty find 1^st Res. at 8680 – 8720 & 2^nd Res. At 8770 – 8810.

Strategy:

[1]  Open short below 8630 with stop loss 8720 for targets 8590 – 8540 – 8500 - 8450. 

                                                 

[2]  Open long above 8630 with stop loss 8540 for targets  8680 – 8720 – 8770 – 8810.

NIFTY :: OP = 8801.75     , HI = 8844.80 , LO = 8596.70 , CL = 8606.00.

Weekly Review

JAY SWAMINARAYAN

We said last week   “   Nifty will be traded with negative bias below 8540 and it would be declines towards 8450 – 8360. Other hand above 8540 Nifty will be traded with positive bias and it would be tries to touch 8630 – 8720.   “   We suggested Strategy:   [1]  Open short below 8590 with stop loss 8680 for targets 8540 – 8500 – 8450 - 8410.   [2]  Open long above 8590 with stop loss 8500 for targets  8630 – 8660 – 8720 – 8750.

Nifty opened positive and traded expected. In first half Nifty registered low of 8573.75 than turned up and gave smart rally towards 8800. Nifty achieved our both upside targets and registered high of 8787.40 in second half. Nifty traded with strength and closed in green all days of the week and gained massive 194 points ( + 2.26 %) and closed in green.

                                 For This Week

We expect, Nifty will be traded with negative bias below 8720 and it would be declines towards 8630 – 8540. Other hand above 8720 Nifty will be traded with positive bias and it would be tries to touch 8810 – 8900.  Nifty have 1^st Sup. at 8720 – 8680 & 2^nd Sup. at 8630 – 8590 and Nifty find 1^st Res. at 8810 – 8860 & 2^nd Res. At 8900 – 8950.

Strategy:

[1]  Open short below 8770 with stop loss 8860 for targets 8720 – 8680 – 8630 - 8590. 

                                                 

[2]  Open long above 8770 with stop loss 8680 for targets  8810 – 8860 – 8900 – 8950.

NIFTY :: OP = 8615.80     , HI = 8787.40 , LO = 8573.35 , CL = 8780.35.

Weekly Review

JAY SWAMINARAYAN

We said last week   “   Nifty will be traded with negative bias below 8360 and it would be declines towards 8270 – 8180. Other hand above 8360 Nifty will be traded with positive bias and it would be tries to touch 8450 – 8540.   “   We suggested Strategy:   [1]  Open short below 8360 with stop loss 8450 for targets 8320 – 8270 – 8320 - 8180.   [2]  Open long above 8360 with stop loss 8270 for targets  8410 – 8450 – 8500 – 8540.

Nifty opened positive and traded expected. In first half Nifty registered low of 8380.75 than turned up and gave smart rally towards 8600. Nifty achieved our both upside targets and registered high of 8603.40 in second half. Nifty recovered all losses of the last week and gained massive 244 points ( + 2.94 %) and closed in green.

                                 For This Week

We expect, Nifty will be traded with negative bias below 8540 and it would be declines towards 8450 – 8360. Other hand above 8540 Nifty will be traded with positive bias and it would be tries to touch 8630 – 8720.  Nifty have 1^st Sup. at 8540 – 8500 & 2^nd Sup. at 8450 – 8410 and Nifty find 1^st Res. at 8630 – 8660 & 2^nd Res. At 8720 – 8750.

Strategy:

[1]  Open short below 8590 with stop loss 8680 for targets 8540 – 8500 – 8450 - 8410. 

                                                 

[2]  Open long above 8590 with stop loss 8500 for targets  8630 – 8660 – 8720 – 8750.

NIFTY :: OP = 8390.95     , HI = 8603.40 , LO = 8380.75 , CL = 8586.25.