Market direction for coming days



Hi friends c the EOD chart its almost Double Top this can take the mkt to down? or the Top will breakout and new high?
watch and c the game.


for swing trade v can buy above 3500
sell bellow 3450

What the NIFTY Weekly chart says-HISTORY REPEATS

Hi friends how are you?
How was the weekend?
Last week all you know we are in the good profit track on daily trade.Specially we never hit the NIFTY stop loss.

People are asking me how your analyzing the market? i use to say TECHNICALS IS 0-9 there is nothing NEW This has been already discovered by someone .we are using 0-9 in different method.if i said new method 10 then i am taking 1 and 0 from that. is it new?

OK for coming week the NIFTY weekly CANDLE chart says its an SHOOTING STAR BEARISH.That means the bull run is going to stop for a while, one thing you have in your mind is technical some times fails, if 3515 breaks on coming days v can c 3600 .Other wise our trading on BEAR Side if 3300 breaks.

You can c the NIFTY SHOOTING STAR BEARISH effect in the past trend,so we can c the same now also
by the time be with http://ema4nifty.blogspot.com

08/04/09


Hi friends thanks for your Feedback.Most of the people they said they had a good profit on March, same we are going to do in this month also.
for coming week my view is if 3223 breaks v can c 3173, 3130, 3095
if 3305 breaks 3355,3403,3445

Feedback time

Friends i need Feedback from your side about my market view and http://ema4nifty.blogspot.com/ site.you can send your feedback by messenger or mail.

Thanks

Balaji.v

LIVE NIFTY CALLS -For more CALLS join yahoo id- balajivan@yahoo.com/balajimars@gmail.com


Nifty spot Price 17/03/09

Sell
Buy

2763.52 Entry 2777.77
ACHIEVED 2754.69 Tgt-1 2786.63 ACHIEVED
ACHIEVED 2745.99 Tgt-2 2795.40 ACHIEVED

2728.51
Tgt-3 2813.09

2676.53 Tgt-4 2866.38

2781.00 Stoploss-1 2760.30






Till market in Range between 2500 to 3150 , so below chart show the entery and exit for the


coming days if the 2870 level breaks in SPOT we can expect 2750 to 2670 S.L 2965


If Market moves 2969 and Above we can see 2983,3020,3055 & 3095 S.L 2930.


LongTerm Investors pls Away from the Mkt for some time.


This is Trading market Year.

Forecast for 12-01-09


we can see the Triple bottom in the nifty in the last trading day,so we can expect small bull for the next 2days . if the bottom breaks then 2765, 2740, 2675, 2575

NIFTY AND RIL Piercing line Bullish

Hi friends this my view for the coming week as per the weekly chart NIFTY & RIL formed an piercing Bullish so we can except coming week also a bullish week.
If the mkt doesn't cross the nifty last week high mkt can go down again.
if market cross last week low we can expect bearish again .





swing Trade for coming days31-12-08

Todays market had a good bull run but it fail to cross 3000 and same time it created an Double top in NIFTY,RIL and SBI.so we have go long after this three breakes the todays (30-12-08)high.other wise be on BEER side.
Happy trading

RIL
BUY-1278
STOPLOSS-1220
TGT-1300, 1350 AND 1400

SELL-1220
STOPLOSS-1278
TGT-1200,1140,1100

SPOT NIFTY
BUY-3006
STOPLOSS- 2895
TGT- 3040,3100 AND 3250

SELL-2895
STOPLOSS-3006
TGT-2810,2710 AND 2575

SBIN & INFY FOR 24-12-08

You can see the DOJI in INFY & SBIN on 23-12-08 EOD so we can enter for TOMORROW trade.

DOJI in SBIN EOD
BUY-1285
STOPLOSS-1245
TGT-1290,IF BREAKS 1325 THEN 1350 AND 1400

SELL-1245
STOPLOSS-1285
TGT-1226,1190,1150





FOR INFY TRADE

BUY- 1195
STOPLOSS- 1158
TGT-1205,1250,1300&1350

SELL- 1158
STOPLOSS- 1195
TGT-1140,1120,1100&1090