Monthly Archives: December 2011

Nifty Index Outlook for 2-6 January 2012

By | December 31, 2011

Happy New Year 2012 to all Site readers.   2011 came to an end on dismal note with Sensex recorded its second worst performance in the last 14 years, second only to 2008 .BSE and Nifty is down 24%  making it one of the worst performers in the global stock markets.  The real pain is… Read More »

Nifty Expiry levels for December 2011 Series

By | December 29, 2011

Nifty Hourly Nifty hourly chart has corrected from the high of 4801 and closed above 4700 yesteday, Today SGX suggests opening near 4700 range. Break of 4682 on Nifty will lead to 4631 levels where next major support lies.  Nifty Daily   Daily chart nifty has broken the upper channel which gives bearish signal. As… Read More »

Technical Calls:RIL,SBIN and Raymonds

By | December 28, 2011

Raymonds   Raymonds have a excellent trade set up with good risk to reward ratio. Stock is oversold on daily charts and trading at lower end of trading range @321 as yesterdays fall was with negligible volumes as compared to previous trading sessions. Buy above 327 Tgt 334,339 and 345 .   Reliance RIL has… Read More »

FII F&O Data analysis for 28 Dec trade in Nifty future

By | December 27, 2011

Below is my Interpretation of FII OI data Sheet for 27 Dec.   1. FII bought  13,409  Contracts in NF worth 317.32  Cores in Index Futures with Open Interest decreasing  by 3783 contracts. 2. As NF  was  up  by 38  points  with Open Interest decrease by  FII . Fall in OI with fall  in price means … Read More »

Technical Calls for Intraday:HDFC,Coal India and Sun TV

By | December 27, 2011

As traders try to improve performance, the one piece of knowledge that is often overlooked, is self-knowledge. Most traders would benefit by simply focusing on doing more of what works and less of what doesn’t, which sounds obvious, but the reality is that most do just the opposite. Learning to identify which behaviors work and… Read More »

FII F&O Data analysis for 27 Dec trade in Nifty future

By | December 26, 2011

Below is my Interpretation of FII OI data Sheet for 26 Dec.   1. FII bought  12,404  Contracts in NF worth 272  Cores in Index Futures with Open Interest increasing  by 4984 contracts. 2. As NF  was  up  by 68  points  with Open Interest increase by  FII . Rise in OI with Rise  in price means … Read More »

Technical Calls:Bata India,Infosys and Polaris Software

By | December 26, 2011

Polaris Software     Polaris Software took support at 114 -115 range which is the lower end of trading zone. Volumes were less than average on a declining day, so which shows lack of interest of traders to break the range. Bounce Back can be expected as Polaris held its low. Buy above 116.7 Tgt… Read More »

Nifty Weekly Technical Analysis for 2011 December Expiry week

By | December 25, 2011

Wishing all Site Readers a Merry Christmas and Happy and Profitable New Year 2012 It’s Christmas Eve today and we are almost reaching the close of 2011. From India’s perceptive 2011 is the year everyone wants to forget as it was primarily characterized by  prolonged bear market, economic slump,inflation,corruption scams and weak rupee. Will things… Read More »

Technical Analysis:Bank Nifty,Reliance,LT and Coal India

By | December 23, 2011

Bank Nifty Bank Nifty will continue its upmove and will face resistance at 8585 levels. Move above this will take Bank nifty to8685.Stoch has generated a buy.   Buy above 8430 Tgt 8480,8513 and 8585 Sell below 8288 Tgt 8210,8160 and 8100   Reliance Industries RIL is approaching its trendline resistance and 20 SMA @762.… Read More »