15-oct-2013 NIFTY VIEW

OLD BLOG REF DT 8 OCT 
WILL BE IN UP MOVE & AS SOON AS WE CROSS 6012 WILL BE IN CLEAR BULLISH MODE .

5925 IS VERY IMP LEVEL IN CASH WE ARE BELOW 5925 & IN FO ABOVE 5925 .AS FAR AS TRADE IS MATTER WE ARE BULLISH .

CONCLUSION:-


IF MARKET IS OPEN WITH GAP THEN 5935 WILL BE SUPPORT. IF MORE GAP LIKE 60 POINT THEN 5950 WILL BE SUPPORT

FOR 4.5% SWING  OF WEEK THEN WE CAN GO UP TO 6119 & FOR 3.5 % WILL BE 6060
MARKET ABOVE 5925 WILL BE ALWAYS IN BULLISH MODE

15 OCT 2013

NOT WRITING  BLOG BECAUSE NO CHANGE IN VIEW        

TODAY FIRST DAY &   NIFTY VOLUME IS VERY LOW

O  6117 H 6155 L 6104 C 6147 avg  6133

AS PER OUR TARGET WE HAVE   BOOK ALL PROFIT @ 6119 & 6060 . AS PER RECENT ACTIVITY  MARKET BREATH IS VERY GOOD  MID CAP IS MOVING BETTER THEN NIFTY, REASON IS  FROM LAST 3 YR MARKET DE CAPLING MID CAP NOW AS PER STANDARD DEVIATION MUST RE  CAPLING TO HIS DEVIATION WITH NIFTY.

ADV : DEC IS ABOVE 1.10 THIS A STRENGTH OF MARKET . & MAY GO ABOVE  1.1..NOW 

AS FAR AS CONCERN WITH NIFTY WILL BE IN RANGE FROM FRIDAY CLOSING 6143 +100-100 & WEEK CLOSING WILL BE BACK TO NEAR +- 0.5%   (FROM 6143 TILL 6243 OR FROM 6143 TILL 6045 & CLOSE WILL BE AROUND 6120 OR 6175)

FII DATA

TODAY AGAIN FII NET BUYER IN CASH …. IN INDEX  NET BUY OF 23000 &  SELL OF PUT (MORE THEN 31000 CONT  STOCK ALSO NET SELL BUY SMALL ATTY 8000

FII IS MORE LONG ON INDEX FUT NEAR TO 3.75 LAC  FIRST TIME I HAVE SEEN THIS MUCH LONG POSITION .WE MAY CONSIDER OVER BOUGHT FOR TEMPORARY.. 

CONCLUSION

WE ARE IN BULLISH VIEW & THIS WEEK  WE WILL TRADE WITH TIME PERIOD, BECAUSE NIFTY UPPER & LOWER LEVEL BOTH IS TRADING RANGE .

SUPPORT OF NIFTY  BUYING ZONE IS 

 6045(LAST THREE DAY AVG )…….  SELL ZONE 6242 (8% OF MONTH SWING)