Sunday, September 27, 2009

views for tuesday

  1. The Oversold level would be 4883.10
  2. The 5 EMA is at 4966
  3. The Trading SL for Shorts is 5036
  4. The weekly Overbought level now is 5097
  5. Investors: Keep buying on dips
  6. Day Traders: If Nifty goes below 4925 before 10:30 am buy for a target of 4950
  7. Swing traders: Short Nifty below 4880; Above 4880 don't short

Thursday, September 24, 2009

views for thursday

  1. The Overbought level would be 5045
  2. Resistances below that level are: 5027, 5013, 4994, 4982
  3. The 5 ema is at 4962
  4. Trading SL for longs is 4931.90
  5. Investors SL is 4255; or 4300 puts of Oct Series
  6. As long as 4520 is not breached, Nifty is in uptrend

Monday, September 21, 2009

Views For Tuesday

  1. The Overbought Level for Tuesday is 5013
  2. The resistances above it are 5023, 5036, 5048
  3. The supports below are 4995, 4980, 4960, 4948,
  4. The 5 EMA is at 4927
  5. The weekly Overbought Level is 5048
  6. Nifty might not breach 5048 level this week
  7. There is likelihood of a negative closing
  8. Options data suggests that downside is limited
  9. The 5 ema of VIX is 28.17, lowest in 2009, reflecting stability

Sunday, September 20, 2009

Heiken-Ashi Chart For Nifty

read this

The October 4200 put was quoted at 13.40 last on Friday. Whether the Market crashes or bounces from here, the investor stands to gain in both situations; the true objective of Technical Analysis! (The article appears courtesy vfmdirect.com)

Thursday, September 17, 2009

views for friday

  1. Enjoy, but don't throw caution to the wind
  2. The Overbought Level would be 4992
  3. The Resistances are placed at 5002, 5016, 5028
  4. The Supports are placed at 4958, 4937, 4924
  5. The Options Data Suggests that Downside is limited.
  6. FIIs are net buyers for 11,282.16 Cr and DIIs for 24,468.81 since 1st September 2009.
  7. A link to a StockChart, that shows ADX and PSAR has been included under Easy Trading Rules in pure-profits.blogspot.com for the trailing Stop Loss.
  8. Thanks everybody for your wishes, and making this blog number one site in the world on the topic of Pure Quantitative Analysis (See here), I hope your wealth multiplies exponentially in the coming months

For Records Only

http://www.vfmdirect.com/forums/show.cgi?topicid=1242726273 http://www.vfmdirect.com/forums/show.cgi?topicid=1242861855

Tuesday, September 15, 2009

views for wednesday

  1. The Overbought Level would be 4922
  2. The Resistances are placed at 4932, 4947, 4960
  3. The Supports are placed at 4887, 4865, 4852
  4. The Options Data Suggest a bounce ahead
  5. The Monthly Breakout Point is 5392, for September - A closing above 5392 in September would invalidate my forecast of an impending C wave (Major Correction)
  6. If Nifty closes above 5392 in September, then we would have 12000 within one year. But a closing above 5392 in September 2009 is very unlikely
  7. Half Yearly Overbought Level: 4958, Monthly Overbought Level: 4925, Weekly Overbought Level: 4955
  8. A closing above 4941 would bring 5036 sure shot

Monday, September 14, 2009

Views For Tuesday

  1. Nifty continues to be in uptrend
  2. There is a likelihood of a swing this week
  3. If the swing doesn't happen this week, we would see a bounce from current levels
  4. Main Pivots are 4877, 4769, 4734, 4698
  5. Nifty would try to touch 4821 on the up and 4778 on the low.
  6. Thanks VK Bhai, Sureela ji, and Sundaribala ji, I would answer your queries in a day or two.

Wednesday, September 9, 2009

views for wednesday

  1. Nifty would be overbought at 4831.
  2. Resistances would be 4809, 4831, 4843.
  3. Supports are placed at 4767, 4752, 4727.
  4. A trend reversal is fast approaching Nifty.
  5. Gold touched $1000 yesterday.
  6. Next target for Gold is $1200, or Rs. 17200 locally.

Monday, September 7, 2009

Views For Tuesday

  1. Nifty has resumed it's uptrend, following a short squeeze.
  2. Nifty would be overbought at 4796.
  3. It has resistances at 4808, 4825, 4840.
  4. Supports are placed at 4773, 4755, 4729.
  5. It'd try 4825 on the high, and 4755 on the low.

Views

  1. On Monday, Nifty would try to cover 4726 on the high and 4667.35 on the low.
  2. Closing could be positive.
  3. This week important level would be 4614.
  4. There is a good chance that Friday's closing might be lower than 4680.
  5. In the current scenario, it's unlikely that Nifty would cross 4925 in September.

Thursday, September 3, 2009

Views

  1. Possibility of a Trend Reversal in next two months
  2. Meanwhile Nifty continues in Swing Mode
  3. Overbought at 4746.70, Oversold at 4529
  4. Pivots are at 4626, 4591, 4555, 4480, 4464, 4447
  5. Nifty would be weak below 4594
  6. The high could be around 4663 and low around 4570.