Monday, December 21, 2009

Some More Tips from Different Broking Houses

  • India Buls
  • Gupta Equity
  • Finquest
  • Tantia cuntruction
  • Mansukh Bahi
  • ETC.......
Courtsey : ShareGuru
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NIFTY VIEW FROM DIFF. BROKARAGE HOUSE (ALL IN ONE )

 
 

INDIA BULLS COMMENT ON NIFTY

Nifty is expected to move within a range in the coming week amid very high volatility. The F&O data is also supporting this statement as maximum OI has been added in the calls ranging from 5000-

5200 and on the flip side we can see a high OI build up in 4900 puts. Downside 4900 will be the immediate support for it and incase it moves past this level, it can be further dragged to the next crucial level at 4850. Upside, 5060 and 5100 will be the major resistances for Nifty and if it breaches these levels it can further go up to test 5180-5200 levels. Also, the movement of the global

markets will remain the key indicator in deciding the direction of the Indian market. Buying could be seen in Pharma and FMCG

stocks while selling

might be witnessed in Metal stocks.

 

 

 

 

 

ADITYA BIRLA NIFTY VIEW

Nifty is expected to be on weaker  note.  Break of Immediate support level of 4930 would test  4830 levels in near   term.  Resistance is  seen at  5120  levels.  Strong buying   would  emerge on break 5120,  which  would test  5180  and  5200  levels  respectively.  Indicators  like MACD and   stochastic  directs  the   market   in  negative   zone.  Cautious trade   is suggested for the week.

 

 

 

 

BONANZA NIFTY VIEW

 

After making Doji candlestick previous week, Nifty showed selling pressure, which shows Bears are having control at the moment. However, Nifty is still trading above its important support at 4940 levels. As long as

4940 levels are intact, volatility and range bound scenario in 4940-5050 may take place. On breakdown of

4940 levels, selling pressure may accelerate.  On short term basis, Nifty is trading below 4990 levels, which shows short term down trend is on.

 

For trading during the coming trading sessions, trend deciding level is 4990. If Nifty shows strength above 4990 levels then we may see rally to 5050/5090/5150. If Nifty doesn't sustain above 4990 then decline to /4950/4850/4790 may be seen.

 

PRAKASH GABBA NIFTY LEVEL

 

Nifty (4988) we said 'the market has unfolded once again in the sideways zone and rallies until 5100 can be sold' the market cracked and closed in the red below the 5000 mark. The market still looks weak and can come down to around 4850 levels.

 

 The crucial support on the downside for the Nifty is 4950-4850 and resistance at 5100

 

BSE Sensex: (16720) the crucial support on the Sensex on the downside is 16600 and resistance at 17050

 

MANSUKH VIEW ON NIFTY

 In Nifty trend line drawn from the lows of 3918 providing good support at this juncture. Value for this trend line stood at 4800 level.  Moreover trend line adjoining tops of 4693 and 5181 seems to be determining new range in upcoming sessions however such possibility looks illusive at this point. Hence for upcoming sessions range bound scenario between 4800-5200 looks more prominent and worthy

 

 

CAPS NIFTY VIEW

With these facts, we expect the Nifty to move in a range of 4,840-5,100 with a lot of intra-day volatility. Technically, the bullish set-up has changed as most technical indicators like Daily RSI and Stochastic indicators entered to the oversold region and MACD shows divergence to book profit from the long trade. Nifty also closed  below 5 day EMA Low (5014) and Weekly 5 EMA close (5024).Resistance comes at

5020-5102-5180 levels and a trend reversal is possible around 4925 levels. Immediate support for the Nifty is seen at 4980-4925-4840-4780 levels

 

IBN SERVICE DELHI NIFTY LEVELS

NIFTY: Weekly Close: 4987.70 (129.60) Resis – 5180, 5150, 5230, 5350, 5500 Supports – 4900, 4750, 4550, 4400, 4200

 

SENSEX: Weekly Close: 16719.83 (399.20) Resis – 17300, 17500, 18000, 18500 Supports – 16500, 16000, 15300, 14750

 

Sensex Range This Week: 16300 - 17300 above which it will touch 17500 & Below Tgt 16000; Resis at 17300 closing.

 

Nifty will find support around 4940-4900 & expected good bounce due to short covering & rollover. High volatility can be seen lesser days in F&O exp. Hot sector for the Week: Metals.

 

 

 





PRAVEE (TECHNICAL ANALYSIS)


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Weekly Notes..from different Broking houses

Click Here for weekly study report of Different Broking Houses..
Courtsey :- ShareGURU
 
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Last week Market Summary


Last trading day: Friday, 18 December

It was a lackluster week for our market that continued to trade in a tight range. Experts feel the market is headed lower if 4950 breaks on Nifty. This week's flat figures were: Sensex down 2.3% and Nifty down 2.5%. BSE Midcap index was down 1.9%, BSE Smallcap index down 1% over the week. BSE IT index was up 3%. BSE Bankex index was down 5.7%, BSE Realtydown 5.5%, BSE Oil & Gas down 4.25% and BSE FMCGindex down 3.3%.  

It was another flat and weak day of trade. The market closed below the crucial Nifty 5000 levels. Experts feel if 4950 breaks on Nifty, market will drift lower. They believe market needs good conviction or triggers to take it higher and so is likely to trade sluggish till earnings season in January. Sensex shut shop at 16719, down 174 points and Nifty is at 4987, down 54 points from the previous close. CNX Midcap index was down 0.80% andBSE Smallcap index was down 0.38%. The market breadth was negative with advances at 422 against declines of 835 on the NSE. Top Nifty gainers includedTata Motors, TCS and Ranbaxy while losers wereUnitech, Gail and DLF.  

Earlier the Nifty range was 4800-5200 and now this has got narrower, says Dipan Mehta, market expert, on CNBC TV18. In the near term, the market is likely to be rangebound, he feels. The trend will be determined by global markets and though it is difficult to predict a deep correction, there is weakness, he adds. 

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