NSE-Alert

Today NIFTY showed a smart upside move but failed to close above its 50DMA at 5575.
Tommorrow if NIFTY manages to cross 5575 then the market may move upto 5625-5640 levels.
So, Its a buy for all the NIFTY lovers with SL of 5503.

NSE-Alert

Since all the indicators are indicating a little more fall on NIFTY....therefore it is expected that the NIFTY may fall to  5250-5270 level from where a bounce back is expected. This may happen only if NIFTY broke below 5350 on closing basis that is its long term support trend line.
So tread cautiously.......and accumulate stocks around 5350 and 5250-5270 levels

NSE-Alert

Buy HINDALCO around 205 with SL 200 target 210-212-218

NSE-Alert

NIFTY has started showing positive divergence on the chart. But still not a strong move.......an attempt to buy can be made around 5500-5510 levels with stop loss of 5476 for the target of 5600-5620-5635

MARKET Alert

LOOK.......!!! As we said....NIFTY (spot) touched 5600 after the RBI's credit policy........
There is weakness in NIFTY. Today NIFTY achieved all our targets.......

NSE-Alert

As said earlier, WAIT for RBI's credit policy. If the policy is favourable i.e RBI keep the rates unchanged then we may expect some bounceback in the market especially in BANKING sector.


If the policy fails to please the market participants then expect some sharp declines in the market.
As indicated in the chart, NIFTY is weak due to negative divergence on the chart. MACD has break down the signal line showing weakness in days to come.
NIFTY's probable targets are 5450-5400.
Yesterday NIFTY went down below its 200DMA.
Further CCI is also showing weakness on NIFTY.
So by all means NIFTY is weak with possible targets of 5400-5450 in days to come.

NSE-Alert

JUST WAIT n WATCH for RBI policy.......!!!!
and then plan ur trade.....


We will update the levels for NIFTY later on........