Daily Post

"We become what we think about." Eral Nightingale.

Daily Post

" The reason i talk to myself is because I'm the only one whose answer I accept" -- 

 George Charlie.

Hi All,

nifty has formed a head and shoulders pattern on 60 min chart. So i think it will fall up to 5550 to 5500. So one should short with a stop loss of 5760.

Technical Analysis: 

   

Daily Post

" If the wind will not serve, take to the oars" --Latin Proverb

Nifty 

Hi All,  

I think as Nifty is trading below 200 and 20 day moving average, So one has to be caution. Now it can move to any direction. Those who are bullish, can long above 5783 and if you wish to short, then short below 5730.

Daily Post

" Inspiration exists, but it must find you working" Pablo Picasso

Hi All,

I think Nifty has good support at 5781. So one can wait till expiry or long with the stop-loss of 5780. CMP (5825).

One has to be very caution on bank nifty, it has broken all the major averages. If one wish to long then one has to wait till 10025. So buy above 10025 for the target of 10220. CMP (9990).

Stock to watch for next week. 

Long SBI with a stop loss of 1647. CMP 1650.

Daily Post.

" Our Greatest glory is not in never falling, but in rising every time we fall." Confucius

Nifty looks week on half hourly chart. It has broken 20 days and 50 days EMA. Its a sign of weakness. Also it has tasted 89 days EMA. So my views are, one can short with a stop-loss of 5919 or the target of   5800. 


Stock of the Week " LT". Click Stock live to know more.

Bank Nifty has reached from where it has started. If one is thinking to short at this level, then its very risky. I suggest, one should wait till 10220 to short. So, if it cross 10220 then one should short for the target of 10025.

Daily Post.

" The Only way to do great work is to love what you do" -- Steve Jobs

Dow, S&P hit record after Fed hold of on Taper

Nifty gap up 160, SENSEX up 515, Bank Nifty up 680, Rupee at 61.30, all stocks up, lets hope RBI don't act as game spoiler. Now go long in PSU Smidcap, Dena, Allahabad Bank, NTPC, 

Daily Post

" The best revenge is massive success" -- Frank Sinatra

Hi All,

Not much change from yesterday, still one has to be caution. One should wait till tomorrow. Fed decision regarding the Bond will be disclosed. The direction will be  decided tomorrow. Till then wait and watch. 

Stock of the day, One can long Maruti ( CMP - 1375), for the target of 1450, stop loss 1364.