sgx nifty is trading above horizontal channel

sgx nifty is trading above horizontal channel

sbin pe 1750 gained 100 % in intra day trade

sbin pe 1750 gained 100 % in intra day trade

have a look at call

kailash123p@yahoo.co.in (10/30/2013 11:42:02 AM): buy sbin 1750 pe at 21 23 sl 14 tgt 29 39 intra trade trading at 23

kailash123p@yahoo.co.in (10/30/2013 2:26:30 PM): sbin pe bang on tgt 1

kailash123p@yahoo.co.in (10/30/2013 2:36:29 PM): sbin pe trading at 35 advised to buy at 21 23

kailash123p@yahoo.co.in (10/30/2013 2:36:59 PM): bang on tgt 39

// ]]>

sbin pe 1750 gained 100 % in intra day trade

Nifty blasted up after RBI's credit policy

Nifty blasted up after RBI ‘s credit policy -Sudden up swing in a day on RBI news pull market up and in up trending channel. hurdle 6250  support 6000 as per fib retracement levels  ..one  more big news will be announced today, that is out come of  FOMC  meet be cautious …

Bank nifty  moved up by 400 points  …it was on expected line as bank nifty was under performing and yesterday got fuel in the form of RBI policy ..It may move up by 200  points more then big hurdle at eod  200 dma will welcome it for 500 to 700 points  reversal  if it will not be able to cross if  it will move past 200 dma  then other 500 points up move  can not be ruled out …stay on chart  candles  and emas..Fib levels 10291  10888   11484  200  dama 11406  ltp 11242

Positive to gap up opening is expected with extremely volatile session ahead .

1304700  OI decrease   while up move ..addition for Nov   more than 50 lac nifty share at 6250  75 … If profit booking emerge at higher levels then panic sell off below 6250  60  can not be ruled out but it seems market players will try to hold it at 6280 6320  Nov future levels and will wait for big move only tomorrow …stay at chatroom dhanvarsha   for real time updates and calls  http://dhanvarsha.in/chatroom/

Trade in Nifty futures Nov as per these levels

Buy at / above: 6303   Targets: 6319 – 6336 – 6356 – 6376
Stoploss : 6280
Sell at / below: 6280   Targets: 6263 – 6244 – 6224 – 6204
Stoploss : 6300

How to trade on these levels ??

suppose  NF is trading at  6250 in that case  6244  will work as down side support ( target  for short sellers ) and 6263 will act as resistance .  if nifty will start its move from 6250 and fail to  breach down side support  1 can buy above  6244  for target 6263  6280 with stoploss below 6244 …so  trade according to levels in same fashion you may go short at 6355  if  nifty futures wont move above 6356   with sl above 6356   for targets  6336   6319  6303  and so on

 

The US government will hit Indian outsourcing giant Infosys with the largest immigration fine ever levied. According to court documents and officials familiar with the case, Infosys has agreed to pay $35 million in a civil settlement to avoid restrictions on its use of US work visas.

Read more at: http://www.firstpost.com/business/will-infosys-lose-face-in-paying-record-fine-to-settle-us-visa-fraud-claims-1201393.html?utm_source=hp-footer

// ]]>

Nifty blasted up after RBI's credit policy

Flat to positive opening is expected-RBI policy day

Flat to positive opening is expected …traders are booking profit since last 6- 7 sessions may continue today also . RBI Governor Mr  Raghu Ram Rajan will announce RBI policy and out look on GDP  will dictate market direction … restrictions   …The wholesale price (WPI) and consumer price inflation, both, accelerated in September 2013. WPI inflation accelerated to 6.46% in September 2013, from 6.1% in August 2013. The annual rate of inflation based on the combined consumer price index (CPI) for urban and rural India rose 9.84% in September 2013, from 9.52% in August 2013.every one is expecting 25 to 50 basis points rate increase to tame inflation but if status quo will be there then ??? will bank nifty and nifty shoots up ? Technically charts are supporting bears have a look at nifty eod chart .

Bank nifty eod chart is showing bearish engulfing candle after 3  4 days range bound trading .

Trade in Nifty Futures as per these levels

Buy at / above: 6126   Targets: 6144 – 6159 – 6178 – 6198-6218
Stoploss : 6103
Sell at / below: 6103   Targets: 6086 – 6067 – 6048 – 6028-6003-5956
Stoploss : 6126

Stay at dhanvarsha chatroom for free trading calls and support from experts   http://dhanvarsha.in/chatroom/

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Flat to positive opening is expected-RBI policy day

Gap up opening is expected 28 Oct 13

Gap up opening is expected  as Singapore nifty is trading at or above 1 % . Action pack expiry week started  and this is expiry volatility ,  nifty  may move  up or down by 200 to 400 points  due to increased volatility but sometimes dull sessions also spotted  where nifty traded within 100 points range in entire week and within 30 points range on expiry day so , every thing is possible  .

The Nifty struggled to get past the prior swing high at 6,230. After edging above this level, the index closed on a distinctly weak note on Thursday. This is a sign that sellers are still active at higher levels. Until there is a convincing breakout past 6,250, the pressure would be on the downside.

Read more at: http://www.firstpost.com/investing/rbi-banks-hold-key-to-how-nifty-will-move-this-week-1195595.html?utm_source=ref_article

Nifty came down of up trending channel … buying with volumes will pull nifty up  towards 6350 otherwise it will move towards 6020 , 5850 in slower pace in next week… have a look at eod chart

Trade in Nifty futures as per these level

Buy at / above: 6201  Targets: 6218- 6237 – 6257- 6277
Stoploss : 6181
Sell at / below: 6181   Targets: 6165- 6145 – 6126 – 6106
Stoploss : 6201

bank nifty ….dilemma is still there  http://dhanvarsha.in/bank-nifty-maintained-upside-momentum-last-week/

 

Gap up opening is expected 28 Oct 13

NIFTY RESILENCE... YET TO BE SEEN...

BLOG .... dear viewers before we wrap-up & ramp-up the market analysis for the coming week,  Please to highlight/understand few aspects, that the author will post further update on these analysis, only when YOU show interactive comments, contributions and involvements in respective blog below comments section.  If no blog participation from the viewers, author will not post any analysis.  The decision is at your-side to go with pain or take-way gain.

Let us proceed ....on the topic...

Global Sketch

As a positive, strong manufacturing data from China provided support to the prices. In this respect, Markit/HSBC preliminary PMI Index for China grew to seven-month high of 50.9 in October. On the other hand, there are still concerns regarding the spiraling debt in China. Domestic banks have aggravated their loan write-offs. As a result, short-term interest rates in China have spiked higher, with the seven-day repo rate surging to 5%.  In addition, the political regime is expected to initiate a variety of reforms in the coming months, which can cool down the economic growth in the short run.

Markets are factoring in the probability of a delay in the tapering of the monetary stimulus by the Federal Reserve. Some expectations state that central bank will keep the bond buying program intact March 2014. On currency front, US dollar has tumbled to a two year low against Euro in the light of fragile US employment report. In this respect, September payrolls increased by only 148,000, well below the expectations of an addition for 180,000 jobs. Market participants did not pay heed to the fact that the unemployment rate inched lower to 7.2%. 

Domestic Sketch

On the domestic front, investors were cautious ahead of the RBI policy decision next week. Sentiment weakened further after Icra slashed India's GDP growth estimate by 0.20 per cent to 4.7-4.9 per cent in FY'14

In Indian physical markets, gold spot premiums have hit US$120/oz over London spot prices, as the supply remains constrained on account of import restrictions.  However in the light of recovery in Indian rupee, it is widely anticipated that the government may ease the curbs on imports in the days ahead.

The Telecom Regulatory Authority of India is firm on its stand of lowering the reserve price for spectrum auction by 60%.  IT spending in India is expected to reach US$71.3bn in 2014, a 5.9% increase over 2013 forecast, research firm Gartner said. BP is working with Indian Oil Corporation to set up an acetic acid plant in Gujarat, while the BP-RIL joint venture has submitted a proposal for Gujarat State Petronet Corporation’s LNG terminal in the state.  RBI policy meet (28 Oct),  Sep fiscal deficit (31 Oct),  Oct Markit manufacturing PMI (1 Nov)

Key domestic benchmarks ended on a bearish note as the Sensex closed in the red for the fourth day on the trot tracking weakness in fellow Asian equities as disappointing US economic data clouded the outlook for the global economy. Also, citing hardening interest rates which may have a negative impact on the already tepid economy.

India's foreign exchange reserves shot up for the third week in a row, adding a healthy $1.9 billion to touch 4281.12 billion in the week to October 18 on account of growth in a key component, the Reserve Bank of India (RBI) reported on Friday.

 

WrapUp

After enjoying three consecutive weeks of gains the Indian equity markets took a breather as participants  preferred to take some profit off the table at higher levels.

Both the key Indices managed to hit their respective three year high for the first time since November 2010, but were unable to sustain as traders turned cautious ahead of the the RBI policy meet scheduled next week.

The market edged lower last week, with stock-specific action on the basis of outcome of second quarter results taking centre stage. Almost 350 companies have declared their results so far with almost 16.1% growth in the top line and 11.7% growth in the bottom line. Other income grew by 4.5% and interest expense grew by 16.2%.

 

 

The FIIs for the week remained net buyers , while DIIs were net seller for the week. Nifty future has seen some unwinding in last few trading session, while long addition was witnessed in bank nifty future. The rollover in Nifty and Bank Nifty future stood at 32% and 13% respectively. On option front, fresh put writing has been seen at 6100strike and 6000strike, while call writing was witnessed at 6200 and 6300 strike. Nifty might trade in the range of 6000-6320.

 

RampUp

 

Given persistent inflationary pressure at the consumer level and uptick in inflation at the wholesale level, RBI is expected to increase repo rate in Oct 29 monetary policy by 25bps. Further, the market expects a further 50 bps reduction in the MSF rate. The other major economic data to watch out next week are the September core sector data and the manufacturing PMI data for October. Moreover, F&O expiry on  Thursday will keep the market volatile in the coming week.

We advocate caution in the coming days and would advise initiating long positions only on a confirm breakout above 6,200. Nifty has been showing immense resilience sustaining above 6,050 but failure to register a weekly close above 6,200 could confirm a ‘double top reversal’. Moreover, with Nifty appearing overstretched and negative divergence in momentum oscillators.

Going to next week, next batch of second quarter results of India Inc, the outcome of Reserve Bank of India's (RBI) Second Quarter Review of Monetary Policy 2013-14 and the outcome of the Federal Open Market Committee's (FOMC) two-day policy meeting will dictate near term trend on the domestic bourses. The market may remain volatile as traders roll over positions with F&O expiry in the week.

Among prominent quarterly results which will be announced next week, Maruti Suzuki, NTPC, Ranbaxy, Bharti Airtel, DLF, Grasim, Lupin. Jindal Steel & Power, Sesa Sterlite, Bank of Baroda, Dr Reddy’s and IDFC are the one’s which will be awaited. Auto and cement stocks will be in focus as the companies from these sectors start unveiling their monthly sales volume data for October 2013 from Friday itself and new month starts on. Further, there would be stock specific movement as and when corporates announce their second quarter earnings.

Nifty@Resilience Test

28-10, 29-10 Market would Rock

Rock N Roll



OMSARAM

Bank nifty maintained its upside momentum last week

Bank nifty maintained  its upside momentum last week and closed in green but below pivot level . It may move plus or minus 700 points next week as RBI policy will be there on 29 th and chart is still showing indecision .

Learn about money flow index  it is pointing down

Definition of ‘Money Flow Index – MFI’

A momentum indicator that is used to determine the conviction in a current trend by analyzing the price and volume of a given security. The MFI is used as a measure of the strength of money going in and out of a security and can be used to predict a trend reversal. The MFI is range-bound between 0 and 100 and is interpreted in a similar fashion as the RSI.

http://www.investopedia.com/terms/m/mfi.asp

The money flow index is calculated by using the following formula:

Typical Price = (High + Low + Close) / 3

Money Flow = Typical price * Volume

Money Ratio = Positive Money Flow/Negative Money Flow

Note: Positive money values are created when the typical price is greater than the previous typical price value. The sum of positive money over the number of periods used to create the indicator is used to create the positive money flow – the values used in the money ratio. The opposite is true for the negative money flow values.

Money Flow Index = 100 – (100/ (1 + Money Ratio))

and at bank  Nifty chart MFI is pointing down – Caution

// ]]>

Bank nifty maintained its upside momentum last week

4 Trend reversal candles were spotted at double top

4 Trend reversal candles were spotted at double top -hang man, spinning top,  hang man then shooting star with very long tail at previous top level is clearly indicating that supply is here …It is Friday  and trades will like to book some gains still there is a chance to book gains at higher levels  … try to en-cash  increased volatility .

 

Foreign and domestic interest in Indian equities took the BSE Sensex to a three-year high of 21,039.42 on Thursday — the first time it crossed the 21,000 mark since November 8, 2010 — but profit booking took the benchmark index down to 20,725.43 points, a loss of 42.45 points over Wednesday’s close.

It was a third consecutive day of equity market closing in red this week after a stellar rally seen earlier. Key Benchmark indices ended marginally lower on Thursday after hitting 3-year intra-day highs after index heavyweights pared most of the early gains and selling pressure in IT majors set in.

 

negative  to gap down opening is expected with possibility of  Friday fry …

take money home  by selling your holdings at top as up side is limited and down side open …reason you all know …

Trade in Nifty Futures as per these levels

Buy at / above: 6184   Targets: 6198 – 6218 – 6237- 6257
Stoploss : 6162
Sell at / below: 6162   Targets: 6145 – 6126 – 6106 – 6087
Stoploss : 6184

minimum 500 points  up  or down in bank nifty  within 1 week as per this chart   4 candles closed above falling trend line but below crucial pivot level /resistance if buying will come with volumes 500 points up move and selling will take it below 500 points to 10300 level .

24 Oct 13, 09:15 AM

admin: SELL at / below: 6199 Targets: 6169 – 6149 – 6129 – 6106-6082 Stoploss : 6211

24 Oct 13, 09:23 AM

admin: sl triggered in nifty SELL call

24 Oct 13, 09:26 AM

admin: SELL nifty as advised with same sl

24 Oct 13, 10:08 AM

admin: SELL nifty at 6255 65 sl 6276 target 6231 6201

Join Dhanvarsha  to learn and earn

http://dhanvarsha.in/chatroom/

You may see full chat   history at  http://clientsviews.blogspot.in/

24 Oct 13, 10:11 AM

admin: SELL bank nifty at 11060 80 sl 11132 target 10955

moved  below target

4 Trend reversal candles were spotted at double top

pe 6100 moved up by 130% after buy call

pe 6100   moved up by 130%  after buy call

call was

24 Oct 13, 09:44 AM

admin: BUY 6100 pe at 19 20 sl 16.45 tgt 24 28 32 trading at 19

24 Oct 13, 09:57 AM

nkgupta: sir can u post chart for ur PE BUY call at 19 SL 16.45

chart  on demand

pe 6100 moved up by 130% after buy call

bearish engulfing hanging man spotted at Nifty eod chart

EOD candle hanging man with long tail plus bearish engulfing  rsi at 83.62 MFI pointing to South adx converging all indications are  supporting …….

Nifty call gained 100 or more points …http://dhanvarsha.in/100-points-gained/

Dhanvarsha chatroom is for you   joining free  http://dhanvarsha.in/chatroom/

bank nifty  maintained  its level above falling trend line if wont fall below it and break horizontal channel also then 500 points up blast minimum will be there which will take bn to 11500 and above and nifty to all time high but chances are grim only surprise can do it means  news which is gud  for bank nifty ..

 

Trade in Nifty Futures as per these levels

Buy at / above: 6211   Targets:  6233 – 6257 – 6277

Stoploss : 6185
Sell at / below: 6185   Targets: 6169 – 6149 – 6129 – 6106-6082

Stoploss : 6211 

Flat to positive opening with increased volatility will be there closing in red cant be ruled out today …

yesterday call on bank nifty worked well and banged on intra day target …it was 1 target call with stoploss order

call was   kailash123p@yahoo.co.in (10/23/2013 9:24:35 AM): sell bank nifty at 10860 sl 10955 tgt 10760

bearish engulfing hanging man spotted at Nifty eod chart

100 or more points gained by nifty sell call

100 or more points gained by nifty sell call

call was

kailash123p@yahoo.co.in (10/23/2013 9:07:11 AM): sell nifty at open at 6230 35 sl 6255 for 20 points at-least .. exit within 3 mins from trade …later we will plan new trade

kailash123p@yahoo.co.in (10/23/2013 9:11:56 AM): nifty settled at 6209.55 up 6.75 dilemma still there

kailash123p@yahoo.co.in (10/23/2013 9:14:01 AM): call active Sell at / below: 6227 Targets: 6209 – 6186 – 6165 – 6145 Stoploss : 6256

23 Oct 13, 01:11 PM

[×] [o] admin: book short positions nowwwwwwwwwwwwwww

100 or more points gained by nifty sell call

Eod nifty traded making lower high / higher low

Eod nifty traded making lower high and higher low , ended making spinning top showing in-decision, bucking of trend ,consolidation …traded below previous close entireday and settled just 2 points down .

bank nifty also ended making spinning top if 1 more same closing will be there within  1 week  4 to 5 % correction won’t be ruled out in bank nifty and nifty. therefore we are advising to trade wisely ..seeing intra trades  moves and positional traders  are advised to accumulate short positions with stop losses  as per their risk .Bank nifty trading at crucial levels …and being ready for a big move direction   either side.. charts are  supporting bears but  markets are over and above everyone .

For intra day real time support and calls stay at chat room Dhanvarsha http://dhanvarsha.in/chatroom/

Flat to positive opening is expected with choppy session ahead as decay in options is very fast and market participants are initiating their option  positions keeping expiry level in mind … continue decrease in open interest in third session is indicating that fresh long buildup at and above 6150 was not there .. traders /big players closing their long  positions so open interest is decreasing day by day and smart traders initiating positional shorts for Nov contracts  at 6275   6300 levels   .

Trade in Nifty futures as per these levels 

Buy at / above: 6246   Targets: 6259 – 6277 – 6297 – 6317
Stoploss : 6227
Sell at / below: 6227   Targets: 6209 – 6186 – 6165 – 6145
Stoploss : 6246

Do u want to join Dhanvarsha premium group for life time at free ???  if Yes…  contact admin after market hours  at 09451659275 ..or mail  at kailash123p@yahoo.co.in

 

Eod nifty traded making lower high / higher low

patience and trust

patience and trust

advised  to trade according to trading market at  http://dhanvarsha.in/nifty-trading-range/

buy and sell  sell and buy with 16 points sl

accumulation 140 to 150 points

4 short trades and 4 long trades

count ur self

patience and trust

Rs 1500 loss incurred within 30 minutes of bank nifty sell call

Rs 1500  loss incurred within 30 minutes of bank nifty sell call

call was

22 Oct 13, 10:28 AM

[×] [o] admin: SELL bank nifty at 10830 sl 10890 tgt 10715

sl triggered

Rs 1500 loss incurred within 30 minutes of bank nifty sell call

nifty trading in range

nifty range 6212  6230  …if wont break  sell at 6230   cover at 6212    buy at 6212  sell at 6230  keep sl of 15  16 points ..trade accordingly till range break is not there

nifty trading in range

spinning top spotted at eod Nifty chart

spinning top /long legged doji /hanging man spotted at eod double top of Nifty spot  …if it is  double top then minimum fall  will be 350 points if move up then market will move towards all time high ….

Chatroom  Dhanvarsha   …here  you will get real time calls,updates and lot of knowledge   http://dhanvarsha.in/chatroom/

Negative to gap down opening is expected  with possibility of profit booking at higher levels …nifty  /market to be trade in pressure as 2 days up move was due to short covering only and there were  no fresh longs initiated   if market moves up means golden opportunity to initiate short  …keep booking profits also to en-cash each swing of market move …

Trade in Nifty futures as per these levels

Buy at / above: 6226   Targets: 6239 – 6259 – 6277 – 6297
Stoploss : 6206
Sell at / below: 6206   Targets: 6183 – 6162 – 6143 – 6126-6091
Stoploss : 6226

Nifty  bank nifty and  natural gas trades  …calls and charts are posted here  http://dhanvarsha.in/nifty-bank-nifty-natural-gas-trades/

If you are having PC / lappy   internet and 1 mobile phone …you can learn trading  and prediction while sitting at your home / offfice  and make fun plus positive use of  your free  time …. We are having 5 Years experience  of on line teaching ….having separate blog Gurukul for students … Join Today

bank nifty is  trading at pivot and falling trend line ….crucial  level either side break of 500 to 700 bn points within 10 days can not be ruled out

 

spinning top spotted at eod Nifty chart

nifty, bank nifty and natural gas trades

nifty  , bank nifty and natural gas trades

21 Oct 13, 09:19 AM

[×] [o] admin: seeing sell signal in nifty sell on rise keep sl at 6246

21 Oct 13, 09:54 AM

[×] [o] admin: do not miss selling opportunity in nifty at highs keep sl at 6246 trading at 6231

21 Oct 13, 01:37 PM

[×] [o] admin: sel bank nifty at 10840 60 sl 10940 tgt 10760 10620 and below

Bank Nifty traded below 10755

21 Oct 13, 05:21 PM

[×] [o] admin: SELL nat gas 232.80 233 sl 234.70 tgt 231.20

traded below 230  ……………

nifty, bank nifty and natural gas trades

nifty failed to make higher highs

nifty failed  to make higher highs but also lower lows  not seen so dilemma is there …prefer shorts on rise trading at 6217 keep sl at 6246

nifty failed to make higher highs

Nifty opening with upside gap

Positive to gap up opening is expected  …if sustains at or above 20  30 points for more than 20 minutes then it will remain in positive territory till mid session and if failed to sustain up then profit booking may be seen which may bring it back to 6150 or below that in intra  day trades . Possibility of some negative news inflow  from Japan is there if it happens then our market will react on it accordingly.

Trade in Nifty Futures as per these levels

Buy at / above: 6221   Targets: 6237 – 6257 – 6277 – 6297
Stoploss : 6201
Sell at / below: 6201   Targets: 6184 – 6165 – 6145 – 6126
Stoploss : 6221

Nifty opening with upside gap

6200 is Crucial - Aar Paar ki ladai

 

6200 is crucial level for every one.If nifty won’t break and sustain above 6200, it may trade at or below 5600 in next 4 to 6 weeks as per weekly chart previous move… immediate support will be 5843.

On breaching of 6200  nifty can trade 6290  6350 before Deewali

Nifty moved up on Friday open interest decreased why ? because no one was willing to buy at 6200 level …only traders who were having margin issues were covering their short positions  …Big players  who bought at lows  and moved up they had closed  their positions before 3.30 PM  so open interest decreased .They may or may not play same game on Monday .

Bank Nifty covered  its losses and nifty moved up will bank nifty continue its positive journey ? No major addition in OI spotted on Friday and RSI trading above 80  on 30 Mins Nifty an=d bank nifty charts

so Watch intra day real time charts and stay at chat room Dhanvarsha for real time calls tips and support.http://dhanvarsha.in/chatroom/

An excellent article composed and presented by Om sai ram for next week nifty move  at http://dhanvarshagrp.blogspot.in/2013/10/globaljoy-niftyaction.html

possible weekly nifty range  for nifty is 6180  plus minus 180.

6200 is Crucial - Aar Paar ki ladai

GLOBAL@JOY,  NIFTY@ACTION...

On Friday, the markets made surprise gains, with the benchmark Sensex rallying more than 500 points in late trade and the rupee strengthening to below 61 against the US dollar in intraday trade. Boosting the sentiments was good numbers coming from China. Its GDP rose 7.8% in the third quarter year on year.

For the week Nifty and sensex closed positive 1.53% and 1.73% respectively. Most of the sectors have been in positive territory with CNX metal leading with 3.36% gain followed by CNX Energy up 2.95% gain. Losers have been on CNX Auto and CNX Pharma with have closed flat to negative for the week. On NSE 678 shares advanced, 418 shares declined and 498 shares remained unchanged on the exchange.

Key Indices extended its upmove for third consecutive week on back of impressive start to the earnings season. Market participants shrugged off rising WPI and CPI inflation concerns after corporate heavyweights like Infosys, TCS, Reliance Industries, Bajaj Auto and HCL Tech beat market expectations.

The market has seen some positive momentum,  The Reserve Bank of India maintained its easing policy, saying its dollar window for oil marketing companies remains open. Any tapering would be done in a calibrated manner, the RBI further said.   State-run Life Insurance Corporation of India ( LIC) also re-asserted faith in the market, saying it will invest Rs 40,000 crore ($6.53 billion) in domestic equities in fiscal year 2014.  

On the global front with US back to work after the 16 day shut down and also a supportive data from China has boosted the overall sentiments for the markets as well. FII’s have also remained net buyers in equities for this month almost upto Rs. 7000crs.   The result season has been in full swing with almost 77 companies declaring their results with 17.6% growth in top line and 19.8% growth in Bottom line. The other income grew by 4.3% and interest expense grew by 12.8% in the same period.  As a headwind, political deadlock induced slower US economic growth can dampen the investment appetite for industrial commodities. However, slower growth can corroborate the inference that Federal Reserve will maintain the monetary stimulus for at least two quarters. Ensuing weak US dollar.  the political deadlock in US is partially resolved, which has paved the path for resumption of government services and extension of the debt ceiling deadline. After two weeks of turmoil, US Congress have eventually kicked the can down the road, implying that the exercise of a mutual consensus on fiscal discipline and debt ceiling extension will take place a few months later. In this respect, US Senate has passed the bill to extend US federal borrowing until February 7 and allow the Treasury to provisionally avert default if Congress does not raise the debt ceiling by the mentioned date. Markets are trying to factor in the fact that the recent shutdown of US government services did some damage to the real economy and slowdown in Q4 growth may persuade the Fed Reserve to persist with its loose monetary policy stance for quite some quarters. As the recent shutdown of US government has compelled the Federal Reserve to procrastinate the decision of tapering the monetary stimulus. Effectively, October FOMC policy meet will be considered as a “non event”. However, it will be crucial to see any concrete uptick in the investment demand (particularly ETF buying). Without any notable improvement in  investment demand, prices may find it difficult to sustain any substantial upside.

On domestic front now the next batch of earnings will be in focus with important results for next week like, HDFC, Asian Paints, Cairn India, Wipro, ACC, Ambuja Cements, Hero MotoCorp and Power Grid Corporation of India, Kotak Mahindra Bank, NMDC ITC, ICICI Bank and GAIL (India). 

  

Nifty rallied this week above the congestion of resistance levels placed between 6,050-6,150. Currently, it is on the verge of breaking out from a neckline of an inverted head & shoulders
pattern. Breakout from the above pattern will be confirmed only with a weekly close above 6,200. Meanwhile, BankNifty is trading at resistance of its 100-DMA which coincides with the upper trendline of a bearish triangle pattern, indicating limited upside.

Much of the current optimism can be attributed to the Indian Rupee, it extended recent gains to the highest in more than two months breaching the psychological 61 per dollar mark. This strength in the Indian unit was seen after the RBI recently facilitated a swap deal on FCNR dollar deposits. Meanwhile, inflation accelerated to a seven- month high of 6.46% in September, driven by higher food prices, and the ongoing regular hikes in diesel prices.

The nifty future and Bank nifty has seen fresh addition.of long addition in last few trading session. FIIs remained net buyers, whereas DIIs remained net sellers for the week. On option front, Nifty 6200 strike call has seen unwinding , while fresh put writing was seen at 6100 strike. The one month VWAP for the nifty future is at 6020 which may act as support in near term. Banking, Metals and Capital goods stocks have seen fresh long addition.

For the coming week, the next batch of Q2 corporate results, trend in investment activity of FIIs and movement in local currency and global markets will determine the near term trend on the domestic bourses. Wipro will announce its earnings and as seen in other Tier 1 IT players, we expect Wipro to also come out with relatively strong set of numbers for Q2 FY14 on both the revenue and margin front. We expect dollar revenues to expand 3.2% qoq to US$1.64bn and OPM to expand 127bps to 22.1%.

Highlights.

• The World Bank has revised downwards India’s economic growth forecast for the current fiscal to 4.7 %.
• The Planning Commission has estimated that the current account deficit for 2013-14 will be around 2.5 % of GDP (Gross Domestic Product), sharply lower than Finance Minister P. Chidambaram’s ‘red line’ target of 3.7 % of GDP.
• The chances of Reserve Bank of India Governor Raghuram Rajan reducing key lending rates on October 29 look remote with both wholesale price index (WPI)-based inflation and retail inflation for September coming in at higher-than- expected levels.
• The Reserve Bank of India (RBI) would soon come out with major reforms in the banking sector that would allow foreign banks to enter India in a big way and even take over domestic lenders, Governor Raghuram Rajan said. 

 

NIFTY@BREAKOUT

(6039-6050-6070-6142-6170-6182-6237-6275-6317)

25-10-13 IID would Rock

Rock N Roll

OMSAIRAM

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sell nifty at 6215 20 and add more at highs

nifty trading at level where  1 can go positional short …sell nifty at 6215   20  and add more at highs upto 6300  for tgt  5900 and below

sell nifty at 6215 20 and add more at highs

spotted death cross at small TF chart sell nifty futures on rise

spotted death cross at small TF chart sell nifty  futures on rise

see call at  http://dhanvarsha.in/chatroom/

spotted death cross at small TF chart sell nifty futures on rise

Nifty corrected yesterday

Nifty  corrected yesterday also moved and traded as per prediction and calls and closed well below pivot level . Have a look at eod  analysed chart ..

Positive to gap up opening is expected with  range bound trades initially followed by increased volatility , bears are dominating on bulls because market is over bought and corporate quarterly results are not pleasing market players …hope of rate cut or status quo diminished because of increased inflation.

Trade in nifty futures for Intra day trades as per these levels

Buy at / above: 6143   Targets: 6159 – 6178 – 6198 – 6218
Stoploss : 6121
Sell at / below: 6121   Targets: 6103 – 6086 – 6065 – 6048

 Stoploss : 6143

Yesterday premium members  got these real time intraday calls

kailash123p@yahoo.co.in (10/17/2013 9:09:20 AM): nifty settled to open at 6,098.50 +9.45 (0.16%)

kailash123p@yahoo.co.in (10/17/2013 9:10:46 AM): call active SELL NF at / below: 6119 Targets: 6096 – 6087 – 6067 – 6048 – 6028-5992 Stoploss : 6132

kailash123p@yahoo.co.in (10/17/2013 9:15:45 AM): 6117 sell nf

kailash123p@yahoo.co.in (10/17/2013 9:16:54 AM): 6110 now have u sold if not sold sell here

kailash123p@yahoo.co.in (10/17/2013 9:22:19 AM): book 50 % at tgt 1 nifty

kailash123p@yahoo.co.in (10/17/2013 9:27:07 AM): nifty trading at tgt 2 book 75 % at tgt 2 6088

kailash123p@yahoo.co.in (10/17/2013 9:31:33 AM): never miss profit booking and trading opportunity ….train once missed then u have to wait for next 1

kailash123p@yahoo.co.in (10/17/2013 9:55:36 AM): sell nifty at 6113 19 sl and tgt as advised

kailash123p@yahoo.co.in (10/17/2013 9:57:09 AM): sell 6100 ce at 102 107 sl 114 tgt 91 81

kailash123p@yahoo.co.in (10/17/2013 10:09:32 AM): please trade and update ur trade within 5 minutes of receipt of call

kailash123p@yahoo.co.in (10/17/2013 10:14:04 AM): buy 6000 pe at 54 56 sl 48 tgt 60 64 trading at 56

kailash123p@yahoo.co.in (10/17/2013 10:30:47 AM): 6112 6124 band is crucial …either side break is possible so trade with sl and book small gains or exit sl for sell side is 6133 and if u want to buy keep s;l at 6086

kailash123p@yahoo.co.in (10/17/2013 10:37:27 AM): nf short sl triggered

kailash123p@yahoo.co.in (10/17/2013 10:40:43 AM): nifty sell at or below 6124 sl and tgt later trading at 6133

kailash123p@yahoo.co.in (10/17/2013 10:50:30 AM): please update when u enter in trade will pass u target ansd sl 6128 now

kailash123p@yahoo.co.in (10/17/2013 10:56:44 AM): do not sell short if nifty staying above 6124

AM kailash123p@yahoo.co.in: nifty ka sell call aaye to pe buy karna at same level jis par nifty sell mile

kailash123p@yahoo.co.in (10/17/2013 11:15:02 AM): book nifty profit at 6106 08

kailash123p@yahoo.co.in (10/17/2013 11:26:15 AM): next support will be 6088 book 75 % gains near 6088 92

kailash123p@yahoo.co.in (10/17/2013 12:46:18 PM): market is tradinfg in range …..neeras …no maza

kailash123p@yahoo.co.in (10/17/2013 12:58:01 PM): buy 6000 pe at 50 52 tgts 56 61 sl plan urself not more than 6 Rs

kailash123p@yahoo.co.in (10/17/2013 1:14:41 PM): sell jp futures at and below 44.70 tgt 44 42 40 sl ask me at yahoo trading at 45.20

kailash123p@yahoo.co.in (10/17/2013 1:16:28 PM): sell jp futures at and below 44.70 tgt 44 42 40 sl ask me at yahoo trading at 45.20

kailash123p@yahoo.co.in (10/17/2013 1:31:43 PM): niftyyyyyyyyyyyyyyyyyyyyyyyyyy gayi

kailash123p@yahoo.co.in (10/17/2013 1:32:17 PM): 53 to 63 pe book 75 %

kailash123p@yahoo.co.in (10/17/2013 1:48:54 PM): 6000 pe hope u enjoyed gains

kailash123p@yahoo.co.in (10/17/2013 5:16:26 PM): 40$ GAIN IN GOLD WITHIN 24 HOURS OF TRADING CALL http://dhanvarsha.in/40-gain-gold-within-24-hours-trading-call/ personal assistance and support shared at article

kailash123p@yahoo.co.in (10/17/2013 5:43:29 PM): buy copper at 448 448.55 sl 446 tgt 450 452 455

kailash123p@yahoo.co.in (10/17/2013 6:09:45 PM): buy natural gas at 229.50 70 228.40 sl target will be 232.80 234 238

kailash123p@yahoo.co.in (10/17/2013 6:42:03 PM): 229.90 230 exit from natural gas buy call

kailash123p@yahoo.co.in (10/17/2013 7:42:36 PM): buy or add more copper on dip sl 445.90 trading at 447.40 call was 17 Oct 13, 05:43 PM [×] [o] admin: BUY copper at 448 448.55 sl 446 tgt 450 452 455

kailash123p@yahoo.co.in (10/17/2013 8:24:44 PM): buy ng at 229.50 230 sl 228.40 target 232 234 trading at 230

kailash123p@yahoo.co.in (10/17/2013 10:40:14 PM): crude intra day buy at 6150 6145 sl 6128 tgt 6184

kailash123p@yahoo.co.in (10/17/2013 10:45:28 PM): crude 6145 to 6156

kailash123p@yahoo.co.in (10/17/2013 10:49:04 PM): crude book 50 % at 6166 trading at 6158

kailash123p@yahoo.co.in (10/17/2013 10:51:13 PM): 6168 traded dhanvarsha super fast book 50%

kailash123p@yahoo.co.in (10/17/2013 10:53:36 PM): u may update if gained 20 or more points in crude

kailash123p@yahoo.co.in (10/17/2013 11:07:07 PM): crude book full gains at 6155

Nifty corrected yesterday

40$ gain in gold within 24 hours of trading call

40$ gain in gold within 24 hours of trading call

yesterday  it was advised to buy  gold at  1280  for a target of 1320   and  gold traded at 1320.4 $  today

have a look

kailash123p@yahoo.co.in (10/16/2013 3:33:54 PM): buy gold at 1280 81 sl 1268 tgt 1300 and above 

TaHiR (10/16/2013 5:12:41 PM): should buy gold

kailash123p@yahoo.co.in (10/16/2013 5:17:47 PM): yes

TaHiR (10/17/2013 12:42:00 AM): sir gold 30 min third previous candle what is this its like +

kailash123p@yahoo.co.in (10/17/2013 12:42:36 AM): I told u to buy on dips gold with sl

kailash123p@yahoo.co.in (10/17/2013 12:42:46 AM): see ng kissed my tgt

kailash123p@yahoo.co.in (10/17/2013 12:43:00 AM): 3.78 for u i gave

kailash123p@yahoo.co.in (10/17/2013 12:43:17 AM): gold tgt i gave u 1300

kailash123p@yahoo.co.in (10/17/2013 12:46:46 AM): tahir
kailash123p@yahoo.co.in (10/17/2013 12:47:09 AM): gold may kiss 1320 plus in this spell

kailash123p@yahoo.co.in (10/17/2013 12:54:26 PM): are u booking gains at 6100

TaHiR (10/17/2013 12:54:33 PM): 5 out 5 indi says long

kailash123p@yahoo.co.in (10/17/2013 12:54:46 PM): as nifty is trading in short range 6120 6104
TaHiR (10/17/2013 12:55:04 PM): no trades open except gold

40$ gain in gold within 24 hours of trading call

do your home work before initiating trade

Home work to be done before initiating trade for example… is market choppy or is in trend  ? If it is choppy or range bound  is it at over bought zone or at oversold  zone or it is at middle ?  on initiation of trade where will be stop loss and what will be anticipated profit ? If you will be able to find all of these answers then place your orders entry order and stop loss order …when entry order will get executed place your profit taking order . If you are unable to plan all this Join hands with Dhanvarsha  for distant learning  …we are  having 5 years experience of online  teaching and you can learn chart reading  positive trading and market prediction sitting at home/office/ at your work place.

Flat to positive opening is expected with possibility of choppy session initially …which may trade with increased volatility at later stage .Day before yesterday market behaved as per pre market prediction and all trading calls bang on target .

http://dhanvarsha.in/picked-50-nifty-points/

EOD nifty  chart is trading at pivot level .

trade in Nifty futures as per these levels for intra trades

Buy at / above: 6123   Targets: 6139 – 6159 – 6178 – 6198
Stoploss : 6103
Sell at / below: 6103   Targets: 6087 – 6067 – 6048 – 6028-5992
Stoploss : 6123

Yesterdays  Chat room action after 5 PM see here  http://dhanvarsha.in/chatroom/

16 Oct 13, 05:16 PM

[×] [o] admin: SELL nat gas at 237.70 238 sl 239.20 target 237.10 236.20

16 Oct 13, 06:55 PM

[×] [o] admin: natural gas traded at target  1 BOOK 50 % here

16 Oct 13, 08:20 PM

[×] [o] admin: natural gas traded at 236 both targets  done

[×] [o] admin: SELL crude at 6284 90 sl 6316 tgt 6262 32 trading at 6285

16 Oct 13, 09:45 PM

[×] [o] admin: crude call sl triggered loss 3000/- per lot

Mail your contact details to kailash123p@yahoo.co.in or call at +919451659275 to get chat room gateway …!!!

do your home work before initiating trade

have you picked only 50 Nifty points ?

have you picked only 50 Nifty points out of these nifty long and short calls …

These are premium /free  Dhanvarsha calls shared in real time at yahoo messenger and chat room Dhanvarsha  http://dhanvarsha.in/chatroom/

kailash123p@yahoo.co.in (10/15/2013 6:41:01 AM): sgx nifty 6,202.50 +56.50 (+0.92%) at 6.40 AM

kailash123p@yahoo.co.in (10/15/2013 7:32:26 AM): last 1 hour trade at sgx Nifty is indicating for suspicious move …trading in close range of only 10 points 6200 6210 …last trdaed price is 6204 …expect sharp profit booking at open from 6200 to 6150 40 …those who are holding stbt exit if sustains at 6150 60 ..as we are expecting that 6140 may extend gud support to Nifty futures if profit booking came today …place AMO sell for nifty at 6194 for minimum gain of 25 points .

kailash123p@yahoo.co.in (10/15/2013 8:18:38 AM): for today’s outlook and levels of trade visit at http://tipsncalls.blogspot.in/2013/10/market-outlook-and-nifty-levels-for-15.html 
kailash123p@yahoo.co.in (10/15/2013 8:30:29 AM): On 14 Oct 2010 high was 6284 and low was below 136 points 6158 before closing at 6177 will we experience same volatility today after 3 years ?

kailash123p@yahoo.co.in (10/15/2013 8:37:06 AM): nifty outlook trading levels , reliance eod analysed chart are updated athttp://dhanvarsha.in/divergence-spotted-nifty-hourly-chart/ have a gr8 day
kailash123p@yahoo.co.in (10/15/2013 8:44:53 AM): do not miss trading opportunity at first 2 minutes trade..we are expecting more than 30 points trading range within 1st 1 min of trade 6200 6170 6160 
kailash123p@yahoo.co.in (10/15/2013 8:47:29 AM): Singapore nifty from 6211 to 6197 in last few mins 
kailash123p@yahoo.co.in (10/15/2013 9:07:42 AM): sell reliance at 898 sl 911 tgt 889 881 intra trade 
kailash123p@yahoo.co.in (10/15/2013 9:15:47 AM): 887 book 100 % reliance 

kailash123p@yahoo.co.in (10/15/2013 9:16:26 AM): 6177
kailash123p@yahoo.co.in (10/15/2013 9:20:25 AM): sell nifty at at cmp 6170 75 sl 6196 tgt 6152 

kailash123p@yahoo.co.in (10/15/2013 9:31:24 AM): have u received reliance sell call at 9.07 ??

kailash123p@yahoo.co.in (10/15/2013 9:43:24 AM): who sold nifty at open and gained …. traded from 6193 to 6163 net 30 points move as advised like this (10/15/2013 8:44:53 AM): do not miss trading opportunity at first 2 minutes trade..we are expecting more than 30 points trading range within 1st 1 min of trade 6200 6170 6160
kailash123p@yahoo.co.in (10/15/2013 9:50:40 AM): sell nifty at cmp at 6178 82 sl 6205 tgt 6153

kailash123p@yahoo.co.in (10/15/2013 9:59:07 AM): i will pass options trade at my own…. do not trade options at your own if u are not sure …. and do not waste your and mine time also in asking what are u looking to buy in options ….options trading is gud only during trending market …in range bound trades avoid options…

kailash123p@yahoo.co.in (10/15/2013 10:02:02 AM): have u traded nifty ??? or calls not received

kailash123p@yahoo.co.in (10/15/2013 10:05:30 AM): 6164 book partial gains

kailash123p@yahoo.co.in (10/15/2013 10:06:06 AM): 6158 now

kailash123p@yahoo.co.in (10/15/2013 10:06:14 AM): book more

kailash123p@yahoo.co.in (10/15/2013 10:06:55 AM): 5156

kailash123p@yahoo.co.in (10/15/2013 10:09:43 AM): have u traded and gained in nifty call 6150 now target done book full call was kailash123p@yahoo.co.in (10/15/2013 9:50:43 AM): sell nifty at cmp at 6178 82 sl 6205 tgt 6153

kailash123p@yahoo.co.in (10/15/2013 10:17:26 AM): 6141

kailash123p@yahoo.co.in (10/15/2013 10:17:34 AM): 6139]

kailash123p@yahoo.co.in (10/15/2013 10:20:21 AM): 6127

kailash123p@yahoo.co.in (10/15/2013 10:20:35 AM): sab kuch likha tha advance men

 

kailash123p@yahoo.co.in (10/15/2013 11:26:37 AM): buy nifty at 6090 99 tgt 6125 sl 6076

kailash123p@yahoo.co.in (10/15/2013 2:16:46 PM): keep sl for nifty short at 6154.60 6134 now

kailash123p@yahoo.co.in (10/15/2013 2:20:16 PM): sell nf 6145 sl 6154.60

kailash123p@yahoo.co.in (10/15/2013 2:21:53 PM): 6148 add short sl as advised
kailash123p@yahoo.co.in (10/15/2013 2:26:21 PM): 6145 is very tough level ..neeche bears and oopar bulls will dominate …stay in trade with sl

kailash123p@yahoo.co.in (10/15/2013 2:34:27 PM): 6135 hope u are enjoying tug of war and trade also

kailash123p@yahoo.co.in (10/15/2013 2:35:49 PM): 6130 enjoy and start booking gains

kailash123p@yahoo.co.in (10/15/2013 2:41:15 PM): 6127 traded

kailash123p@yahoo.co.in (10/15/2013 2:41:51 PM): 6119 done

kailash123p@yahoo.co.in (10/15/2013 2:43:08 PM): keep sl at 6121.20

kailash123p@yahoo.co.in (10/15/2013 2:44:08 PM): book 25 points on nifty short

kailash123p@yahoo.co.in (10/15/2013 3:14:29 PM): reliance is trading in red …below 0.3% at 868 it was posted at dhanvarsha in morning that it may trade in red zone …..” at the time of last quarterly result reliance started gap up but ended in red… so be cautious while trading reliance today as revenue is above 100k Cr but GRM is down which is not very healthy so if history will be repeated then you may see profit booking at higher level in reliance. ” http://dhanvarsha.in/divergence-spotted-nifty-hourly-chart/ sell advised kailash123p@yahoo.co.in (10/15/2013 9:07:42 AM): sell reliance at 898 sl 911 tgt 889 881 intra trade

have you picked only 50 Nifty points ?