ABB BUY

BUY & HOLD ABB FUT ONLY ABV 742(CASH PRICE) SL 716 ON CLOSING BASIS TGT 773-803

Nifty will be

Nifty supp-5373.85-5443.00
Range-5528.70
Res-5597.80-5683.50


Nifty 50Day SMA 5889

Nifty 100Day SMA 5967

Nifty 200Day SMA 5622


Fibonacci price projections:

          0%    61.8%    100%    161.8%    261.8%

Up    5721    6005       6181       6465        6925

Dn    6181    5897       5721       5437        4977

Nifty close below 50 DAY & 100 DAY & 200day moving average(5622).Next support @ 5437. break this level we can expect 5366.

Short term traders buy nifty only above 5535 sl 5432 on closing basis.

DOWNTREND WILL TERIMINATE ABOVE 5723 N CLOSING BASIS.

IMPORTANT LEVELS TO WATCH 5572 & 5632.





NIFTY DAILY CHART

Happy Trading 

Uthayakumar.K

28-01-2011

NIFTY WEEKLY SUPP & RESI

SUPP-5565.90 - 5631.15

RANGE- 5689.40

RES-5754.65-5812.90.


Intraday buy nifty future only 5627 sl 5600 tgt 5639-5648-5680.

                         NIFTY DAILY CHART

                                   SBIN  DAILY CHART 

NEW SOFTWARE FOR STOCKS & FUTURE

Very long time I am not updating  my blog because i developing new software for Nifty & Stock Future .

It will help to reduce the loss & success ratio @ 80%.  It will generate auto buy & sell signal. we mostly used MACD & STOCHASTIC & MOVING AVERAGE.

if you need any help for stocks & nifty please post chart box. i will reply with my chart.

here I posted Intraday chart for Nifty future & Reliance .please check

                                        Nifty Future

                             Reliance In Daily Chart

Any query regarding this software feel free to call 8122716318.

Happy Trding.
Uthaya Kumar.K

NIFTY OVERSOLD

NIFTY DAILY CHART OVERSOLD

12-Jan-2011

Day traders Buy nifty below 5810 lvl. sl 5750 on closing basis.

Major uptrend only above 5898 on closing basis. Keep watch.

04-01-2011

voltas 1st target achived @ 225 call given @ 218. hold for target.

buy & hold apollohospital between 458-470 sl 451 tgt 478-486-497-510-520.

03-01-2010

Buy & hold voltas between 213 to 220 sl 207 tgt 225-232-240-260 hold for two weeks.

 Short term delivery call beml rocking 2ns target achived @ 1045 call given @ 981.