Wednesday, November 30, 2011

How Beml is moving today ...have a look

trade for lower targets  492  489    sl as per ur risk

Nifty ..Dilemma...move up or down ?

Remarks can be seen at SGX chart 

Brazil stocks end lower; other LatAm markets up


 Brazilian stocks closed lower Tuesday, pulling back after scoring a 2% gain a day earlier as traders continued to eye developments in the euro zone, but better-than-expected data on U.S. consumer confidence offered broad support for Latin American markets.
Stocks in Argentina, meanwhile, tracked the U.S. market higher, catching up to broad market gains in the region on Monday, which was a national holiday.


Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:11,555.63
Trade Time:4:02PM EST
Change:Up 32.62 (0.28%)
Prev Close:11,523.01
Open:11,523.01
Day's Range:11,517.04 -11,623.94
52wk Range:10,362.30 -12,928.50

Tuesday, November 29, 2011

we are bearish on beml ...it is closed making doji /spinning top

we are bearish on beml and result is here ...today it is closed negative..sudden drop in upward momentum..
and have a look on its eod chart ...
volume is reducing
upward move is not there
perfect spinning top / doji is noticed
see video http://www.youtube.com/watch?v=tgE5Dow-BMg
waiting for confirmation....
targets mentioned here ...
http://dhanvarshagrp.blogspot.com/2011/11/495-is-crucial-for-beml-just-waitwatch.html
Money is moving out from market is clearly  indicating that it is kept up by manipulation ...see money flow index...

trading volume is reducing every day ..see the fall  in traded quantity...
251>165>77>  next ???
open interest decreased by 2000...

DATEOPENHIGHLOWCLOSECONTS.OPENINTC'O'INTCOST
Rs.
EQCLOSE
Tue-08/11/2011553.25556.85553.2553.3541,0001,000276675.0548.05
Wed-09/11/2011554.0554.0553.0553.022,0001,000276500.0538.35
Fri-11/11/2011535.0539.7532.9534.6595,5003,500267325.0528.3
Mon-14/11/2011542.0542.0521.0524.0128,0002,500262000.0520.75
Tue-15/11/2011523.0523.0500.0501.2711,5003,500250600.0499.9
Wed-16/11/2011500.0500.0495.0495.0312,5001,000247500.0487.35
Thu-17/11/2011496.0499.8489.25495.91216,0003,500247950.0494.15
Fri-18/11/2011487.15501.6484.75489.151421,5005,500244575.0488.25
Mon-21/11/2011493.45493.45477.0478.552329,5008,000239275.0482.95
Tue-22/11/2011480.0486.3472.0478.4512867,00037,500239225.0472.85
Wed-23/11/2011464.5467.2435.05449.517680,50013,500224750.0449.05
Thu-24/11/2011442.0472.5439.4467.8243139,50059,000233900.0462.2
Fri-25/11/2011463.05491.6463.05487.5251141,5002,000243750.0484.0
Mon-28/11/2011494.55509.95493.0501.8165149,0007,500250900.0497.5
Tue-29/11/2011500.0504.55495.5501.0577147,000-2,000250525.0500.2

FIIs were net sellers in equities on 29 Nov 11...buyers in F&O segment ...

FIIs were net sellers in equities on 29 Nov 11...buyers in F&O segment ...



Once again market traded as per prediction

we predicted ....
After yesteray's short covering rally ...we can expect range bound trades or some selling pressure today in our market.... possible support 4805 spot ....upside resistance 4932 
http://dhanvarshagrp.blogspot.com/2011/11/after-yesterays-short-covering-rally.html
kailash123p (11/29/2011 11:57:49 AM): nifty spot reached to previous close....if sustain above it.. will take nifty to 4932 on failure will see 4850 4815
kailash123p (11/29/2011 12:17:45 PM): 4840 traded
kailash123p (11/29/2011 2:24:41 PM): cover nifty short and go long now at 4800



GIRISH WARKAD (11/29/2011 2:58:49 PM): dir sir as per your advise i buy nifty @4800 kay use cover karu ?
dhanvarshagrp (11/29/2011 3:05:10 PM): nifty men 20 point hen
dhanvarshagrp (11/29/2011 3:05:13 PM): book it
dhanvarshagrp (11/29/2011 3:05:22 PM): 4822 he
only 1 day left for special offer....

http://dhanvarshagrp.blogspot.com/2011/11/bumper-offer-on-completion-of-2-years.html
Pay for 1 month and get advise/ tips and support  for 3  months ....

sell beml bindas in cash and futures keep sl as per ur risk..

sell beml  bindas in cash and futures   keep sl as per ur risk.
.as it was unable to cross last days close and trading in negative territory
 see targets at dhanvarsha  
http://dhanvarshagrp.blogspot.com/2011/11/495-is-crucial-for-beml-just-waitwatch.html 

can expect range bound trades or some selling pressure

After yesteray's short covering rally ...we can expect range bound trades or some selling pressure today in our market.... possible support 4805 spot ....upside resistance 4932 ..have a nice day
You can see  open interest reduced by 5 84 700  in Nifty on up move ..not a healthy sign ..

Mon-28/11/20114750.04874.84750.04870.3362,24321,332,600-584,700243515.04851.3

and remember that if market moved up due to short covering only it will have to stay there only for some time or it must correct to the lower level....
Today's possible levels     4805  4932  5029
Nifty hourly chart is indicating that momentum was reduced in last hour ..


U.S. stocks surge with hopes for Europe


U.S. stocks leapt Monday, posting their best day in at least a month, as Wall Street embraced moves by European leaders to join euro-area members in a fiscal union and on evidence U.S. holiday sales got off to a record start.
“It seems European leaders are coalescing around a plan, and that plan is for greater integration of the European Union in terms of fiscal policy, and that would be good,” said Alan Skrainka, chief investment officer of Cornerstone Wealth Management.
“It’s clear that Germany has been holding out for greater fiscal integration, a plan with real teeth. [Officials] weren’t going to provide a bailout with no strings attached. This crisis has provided them with the leverage they need to get this done,” said Skrainka.


Dow Jones Industrial Average

 (DJI: ^DJI )
Index Value:11,523.01
Trade Time:4:01PM EST
Change:Up 291.23 (2.59%)
Prev Close:11,231.78
Open:11,232.47
Day's Range:11,232.16 -11,562.03
52wk Range:10,362.30 -12,928.50

FIIs were net sellers in equities and buyers in F&O segment on 28 Nov 11

FIIs were net sellers in equities and buyers in F&O segment on 28  Nov 11

Monday, November 28, 2011

495 /- is crucial for beml ..just wait...watch and trade accordingly ...

Today we advised to sell Beml ...
its eod chart is indicating that scrip is caught in cluster of moving averages ..
closed at 497.50 ... upside resistances/targets  are  510  527 555 as per fib level
495 is crucial  for beml tomorrow....
below 495  it may  see 481 461 435 407
low volume at 500 level is indicating that traders are not interested in it...and having supply zone above 500 level
please see at eod chart ...
Hourly chart is indicating that, it is trading well below of resistance level ...and selling increased when Nifty was moving up  ...levels 480  471  462  433
it has broken raising trend line( imaginary )

Sudden drop in futures trade is indicating that it will not sustain at higher levels...
trade with strict stop loss in either side of trades ...495 is crucial  for tomorrow....

DATEOPENHIGHLOWCLOSECONTS.OPENINTC'O'INTCOST
Rs.
EQCLOSE
Tue-08/11/2011553.25556.85553.2553.3541,0001,000276675.0548.05
Wed-09/11/2011554.0554.0553.0553.022,0001,000276500.0538.35
Fri-11/11/2011535.0539.7532.9534.6595,5003,500267325.0528.3
Mon-14/11/2011542.0542.0521.0524.0128,0002,500262000.0520.75
Tue-15/11/2011523.0523.0500.0501.2711,5003,500250600.0499.9
Wed-16/11/2011500.0500.0495.0495.0312,5001,000247500.0487.35
Thu-17/11/2011496.0499.8489.25495.91216,0003,500247950.0494.15
Fri-18/11/2011487.15501.6484.75489.151421,5005,500244575.0488.25
Mon-21/11/2011493.45493.45477.0478.552329,5008,000239275.0482.95
Tue-22/11/2011480.0486.3472.0478.4512867,00037,500239225.0472.85
Wed-23/11/2011464.5467.2435.05449.517680,50013,500224750.0449.05
Thu-24/11/2011442.0472.5439.4467.8243139,50059,000233900.0462.2
Fri-25/11/2011463.05491.6463.05487.5251141,5002,000243750.0484.0
Mon-28/11/2011494.55509.95493.0501.8165149,0007,500250900.0497.5