Thursday, December 31, 2009
CALL FOR NEW YEAR
Tuesday, December 29, 2009
Treasure Hunting Map ( Nifty ) - 30th Dec
Hello Pirates
If we look at todays session, just few days before the new year is yet to begin we saw some great moves by our Index and yet again we have seen a new high on the screen and nifty spot was also able to cross the shy level which was 5200, which is a good note for bulls, but if we look at the data nifty has a major hurdle at 5224 spot which has to be crossed and final hurdle which can be seen is at 5149 levels, which when broken and went ahead can lead to bulls getting strong and bears loosing out there power....
Over all, nifty has not able to close above 5200 levels yet again after making new highs which proves profit booking is seen at higher levels and open interest on the puts side is also on high pecks, if we look at the global data, Dow is able to hold 10500 levels and closing on a flat note, seems that FIIS are on a holiday and the index are operated by operators only, the volumes again are not upto the mark which is not a good sign for the bulls....
Nifty for the session which is tomorrow can touch 5200 - 5209 on the upside will act as resistance and on the down side 5181 - 5171 are important supports, any side brake out would lead to further moves, over all the trend is still bullish as per we are trading above 5180 levels and 5145 levels, the weekly pivot is also at 5110 which is a major golden gate for bulls, so bears have to attack big to take over the expiry....
If we look at todays session, just few days before the new year is yet to begin we saw some great moves by our Index and yet again we have seen a new high on the screen and nifty spot was also able to cross the shy level which was 5200, which is a good note for bulls, but if we look at the data nifty has a major hurdle at 5224 spot which has to be crossed and final hurdle which can be seen is at 5149 levels, which when broken and went ahead can lead to bulls getting strong and bears loosing out there power....
Over all, nifty has not able to close above 5200 levels yet again after making new highs which proves profit booking is seen at higher levels and open interest on the puts side is also on high pecks, if we look at the global data, Dow is able to hold 10500 levels and closing on a flat note, seems that FIIS are on a holiday and the index are operated by operators only, the volumes again are not upto the mark which is not a good sign for the bulls....
Nifty for the session which is tomorrow can touch 5200 - 5209 on the upside will act as resistance and on the down side 5181 - 5171 are important supports, any side brake out would lead to further moves, over all the trend is still bullish as per we are trading above 5180 levels and 5145 levels, the weekly pivot is also at 5110 which is a major golden gate for bulls, so bears have to attack big to take over the expiry....
If 5175 is broken tomorrow then we might test 5145 and 5094 levels also and if 5230 is broken then we can test 5255 - 5280 levels
Reliance Industries had a move in todays session but was not able to cross its major hurdle at higher levels to make nifty attempt to touch 5300 levels, thus thats a hurdle and nifty has to close above 5230 levels on closing basis for conservative days for a big blast on the screen....
EXPECT A VOLATILE SESSION AND NIFTY MIGHT BE IN THE HANDS OF BEARS AND A SMALL BABY BEAR MIGHT CATCH OVER THE BEARS
As we had mentioned earlier we have to close above 5235 for a big move
As we had mentioned earlier we have to close above 5235 for a big move
We would like to wish all the Pirates a very all the BEST.
Disclaimer : -
The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.
Regards
Treasure Captain
www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Disclaimer : -
The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.
Regards
Treasure Captain
www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Yahoo User ID - moneybaghunt
Live Conference at www.treasurebag.ning.com
Monday, December 28, 2009
SGX Nifty Magic Missed or Soon on Screen :)
Hello Pirates
Hope all have had a nice weekend and a long time to relax in between the closed session, well to jump start the session, here is a picture which would shock you all, its a must see ....
High 5300 Low 5000
Sgx Nifty has made a high of 5300 and a low of 5000 in todays session, but our markets were closed for the session thus we missed the biggest dream coming dream for the day and for the week also, this could had been our new year gift.....
Hope all have had a nice weekend and a long time to relax in between the closed session, well to jump start the session, here is a picture which would shock you all, its a must see ....
High 5300 Low 5000
Sgx Nifty has made a high of 5300 and a low of 5000 in todays session, but our markets were closed for the session thus we missed the biggest dream coming dream for the day and for the week also, this could had been our new year gift.....
Treasure Hunting Map ( Nifty ) - 29th Dec
Hello Pirates
Hope all have had a nice weekend and a long time to relax in between the closed session, well to jump start the session, here is a picture which would shock you all, its a must see ....
Hope all have had a nice weekend and a long time to relax in between the closed session, well to jump start the session, here is a picture which would shock you all, its a must see ....
High 5300 Low 5000
Sgx Nifty has made a high of 5300 and a low of 5000 in todays session, but our markets were closed for the session thus we missed the biggest dream coming dream for the day and for the week also, this could had been our new year gift.....
Over all Nifty has made a 3rd attempt to cross 5185 levels on closing basis but failed to cross teh levels and thus as before we saw profit booking at higher levels....
For the week, we have to cross 5260 on closing basis for a long run ahead for the bulls and may find resistance at 5210 - 5235 levels
Until we are trading above 5110 levels we are in the favor of the bulls and break below 5110 would lead to 5061 as the immediate support and below 5035 bears would take over the court and may take revenge for a deceptive move by the bulls.
Sgx Nifty has made a high of 5300 and a low of 5000 in todays session, but our markets were closed for the session thus we missed the biggest dream coming dream for the day and for the week also, this could had been our new year gift.....
Over all Nifty has made a 3rd attempt to cross 5185 levels on closing basis but failed to cross teh levels and thus as before we saw profit booking at higher levels....
For the week, we have to cross 5260 on closing basis for a long run ahead for the bulls and may find resistance at 5210 - 5235 levels
Until we are trading above 5110 levels we are in the favor of the bulls and break below 5110 would lead to 5061 as the immediate support and below 5035 bears would take over the court and may take revenge for a deceptive move by the bulls.
For the Week NIFTY may touch 5197 - 5284 or 5061 - 5011
Over all expiry is near and many people are watching out 5300 and 5400 levels on the cards, but after such a big bang, nifty might get back to a range bound situation and consolidate for the coming days....
The range for nifty comes out to be 5235 and 4950, over all either side brake out would favor the bulls or the bears, important levels for the week are mentioned below
The range for nifty comes out to be 5235 and 4950, over all either side brake out would favor the bulls or the bears, important levels for the week are mentioned below
Bulls - 5210 - 5235 - 5260 - 5335
Bears - 5160 - 5135 - 5110 - 5035
For the session global ques would play an important role and if we look at the volumes, they were not upto the mark as compared to the 4% return seen on Wednesday...
Over all get all set for a big surprise and a deceptive move, we had warned earlier also about a deceptive move and a xmis gift, hope all enjoyed the xmis gift, now wait for 3 more days for a new year gift
Bears - 5160 - 5135 - 5110 - 5035
For the session global ques would play an important role and if we look at the volumes, they were not upto the mark as compared to the 4% return seen on Wednesday...
Over all get all set for a big surprise and a deceptive move, we had warned earlier also about a deceptive move and a xmis gift, hope all enjoyed the xmis gift, now wait for 3 more days for a new year gift
CLOSING ABOVE 5235 WOULD FAVOR THE BULLS BELOW 5110 BEARS
We would like to wish all the Pirates a very all the BEST.
Disclaimer : -
The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.
Regards
Treasure Captain
www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Disclaimer : -
The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.
Regards
Treasure Captain
www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Yahoo User ID - moneybaghunt
Live Conference at www.treasurebag.ning.com
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