Investment Pays!!!!!

We had a good rally from 15800 -17000 in just few sessions . Would you call this Bull Market , Bear Market or Technical Bounce . Who cares what ever it may be as invetment is just to bring maximum return .

Our last free recomentation here also paid :

Hindalco : 131- 161

Tatamotor : 740 -790

Bank Nifty : Near 10k.


What next what to do with this portfolio that you are holding ?

If you are short term Swing trader our advise would be booking short term gains and sit in cash for next opportunity

If you are medium term investor you can hold possition with sl of 3%

Long term investors hold on possition .

Fno traders who have leverage possition can exit entire possition @ 5220 or keep sl of 5076 and trail profit


Happy Investing !!!!!

Regards
NIFTYTRENDS TEAM

Time for investment Buys!!!!!!

NIFTY never crossed high of channel shown in below chart and continue to move down. Market was in tight range and holding same since long time and given breakdown on downside .

Nifty current view : Time to start investment .This will be golden investment of your life time rembember the same as many midcaps and heavy weight are lowest point of weekly support.

Some of our picks : Investment can be done in Bank nifty near 9340 ,Tatamotor near 732-740, Hindalco near 131. Icici bank near 790-810 .

Downside risk is lower here according to us as there is derivative expiry in 5 days and History reveals a good bounce from weekly support .

Regards

Nifty TrendsTeam .

Nifty Short term view !!!!

New Low or New High !!!

Dear Readers ,

We have showed in our last posting that some big movement was due and that happened . Nifty was not able to cross 5930 and broke support of 5760 which made panic selling .But question is that will this fall sustain , its unusual question as generally people say will this rise will be sustained ?

According to our view we don't see market falling below 5440 on closing basis. Just now this was one way cut in rate concern sector but I feel its too much .May as we all know is bad month for Bulls as we see history of market but this year we feel history will be not repeated . Our reports on index wise analysis will be available on weekend .

Some of value picks according to us : Vijya bank with sl 69 target 86+,
Bank nifty with sl 10554( closing basis) target 11400, 11630,

Bhel : with sl 1970 target 2390 .

Patel eng ,Sadbhav eng ,Tata steel ,Timken india, Goldyne technology.


Regards

Niftytrends Team

Nifty Short term view

Nifty consolidating near past resistance . We don't see any weekness in charts . Any break above 5930 and close will lead to 6180.

Regards

Nifty Trends Team

Nifty 15/4/11

Nifty following Trenlines and fibonacci levels. A good bullish candle. But volumes are still a concern. As EMA crossovers are still in buy, longs should be held with adequate stop loss.

Nifty update for 24-03-11

We need to watch 5540-60 in spot.

Nifty update 21 Mar 2011

This is the Daiy chart of Nifty. It is in a triangle now and breakdown below 5310 will take it down further. The oscillators are pointing downwards. Any upmove will face resistance around 5650 if 5500 is taken out..

Tata Steel EOD chart 14/3/11

EOD chart of Tisco shows a Head and shoulder pattern. Failure to go above 592 and 600 will show a fall up to 550 levels. A break of 580 with volumes will confirm the down trend.

Bank Nifty 8th Mar

Bank Nifty on EOD chart is hovering around 50 EMA. The next two days will decide the trend for it. As of now it is in a downward channel. If 10670 levels are broken then we can see swift fall.

Nifty outlook for 1st March

Today was a very volatile day. Hope nobody was caught on the wrong foot. The EOD chart of Nifty seems to be showing a diamond pattern. 5280 is the level to watch on the lower side. 5500 seems to be the resistance as of now above which we can see 5650.

Nifty update 25 feb

A very volatile month with wild moves in nifty. Today Nifty fell more than expected. There was a gap down in nifty with huge vols. This is not very good for market. The next 2 trading days should be avoided as Rail budget and Union Budget. Nifty is also near Trendline supports. All bounces will be a fresh short as of now.

Bank Nifty real Wealth Builder

Bank nifty need to be watched as per attached chart . Trade this possitively .


Regards
NIFTY TRENDS TEAM

outlook Feb 18

Nifty as expected facing resistance around 5550. Above that 5620-50. As expiry is next week expect a decrease in volatility. OI in 5600 CE is high. Expect a range bounce or even a slight dip before the upmove continues.

outlook for 17th feb

Nifty facing resistance around 5515 levels. Above that expect it to go to 5550.

STOCK PICK

Hexaware short around 108.8 with SL of 109 with tgt of 104.

outlook for 15th Feb

Nifty has moved up smarhttp://www.blogger.com/img/blank.giftly from friday. Bank nifty has given a 10 percent upmove. Today Index was in a narrow range. It is facing resistance around 5515-5520 levels above which we will see more upmove. Keep a trailing stop loss if you are long

McLeod Russel


This is a weekly chart of McLeod Russel. We have seen a good consolidation in a triangle. A breakout will give a target of 234 and then 265 levels on upside. The breakout will also be a breakout of RSI from triangle. A strict stop loss of around 200 can be maintained.

Nifty 14th Fb

Nifty gave a good recovery on friday. The volumes also were good during the upmove. The levels to watch is 5370-80 and then 5450. There are many resistances after 5450 levels. The oscillators are in oversold regions. This might be a short term pullback. Watch for any weakness. As of now, exit on rallies on the upside.

Nifty update 11 Feb

Nifty is trying to hold on to the supports mentioned earlier. Now we may see Nifty volatility coming down and markets may try to move up a little. Risk traders can write 5100 PE for expiry. Some stocks which look good are Essar Oil, Cairn India.

Feb 9th

People living on hope that Nifty will take one support or the other. But there is relentless selling pressure. Stop losses also get hit in volatile markets. Nifty broke some important supports. All rises should be an opportunity to exit.

One good investment pick is Financial Technologies.


This is the weekly chart where we can see a falling wedge pattern. Good volumes also being observed in last two and a half weeks. Is it accumulation?
Target on upside is around 850-900.

Updates for Feb 8th

Nifty today broke some crucial supports. We will have to watch tomorrow the movement. On the downside 5250 to 5150 is the support. There is relentless selling and all levels are being sliced through. Wait for some stability to enter any fresh positions in Nifty.


TITAN IND

This is the daily chart of Titan. It fell today with good volumes and closing below good supports. Short trade posible in it keeping 3300 as SL for a 100-150 rs downside. As market is too volatile, SL is a must.