NIFTY FOR THE WEEK ENDING 28TH SEPT CLOSED AT 5703 COMPARED TO ITS PREVIOUS WEEK’S CLOSING OF 5691. ALTHOUGH SUCH TYPE OF CLOSING BY JUST 12 POINTS UP ON A WEEKLY BASIS CAN BE CONSTRUED AS A FLAT CLOSE, YET THE FACT THAT NIFTY MADE A HIGHER WEEKLY HIGH , HIGHER WEEKLY LOW & A HIGHER WEEKLY CLOSING IS A CLEAR INDICATION THAT THE MEGA BULL RUN IS VERY MUCH INTACT AND THE EXPECTED OPERATOR INDUCED FALL LIKELY TO BE INFLICTED IN OCTOBER SHOULD ENCOURAGE THE FENCE SITTERS TO BOLDLY BUY FOR LONG TERM AND THE ALREADY LONG POSITION HOLDERS TO ADD ON TO THEIR LONGS ON EVERY DECLINE.
MARKETS FOR 28TH SEPTEMBER
DUE TO EXPIRY CONSIDERATIONS, NIFTY CONTINUED TO REMAIN WEAK AND CLOSED AT THE EXPECTED LEVEL OF 5650. TRADERS & INVESTORS MUST KEEP IN MIND THAT THE WHOLE MARKET IS MANIPULATED BY A HANDFUL OF BIG EXTERNAL OPERATORS & SOME INTERNAL OPERATORS & NEVER EVER ANYTHING CAN BE DONE ABOUT IT. THIS MANIPULATION OF MARKETS WILL CONTINUE AND ONE HAS TO LIVE WITH IT. AFTER MAKING THE LAST FRIDAY’S HIGH OF 5720 SPOT NIFTY LEVELS, NIFTY IS IN THE PROCESS OF MAKING A PERFECT FLAG FORMATION AND TECHNICALLY THIS FLAG FORMATION AFTER THE BIG RISE FROM 20TH SEPT LOW OF 5535 TO THE 21ST SEPT HIGH OF 5620 IS A HIGHLY BULLISH SIGNAL FOR MUCH HIGHER LEVELS AND A BREACH
MARKETS FOR 27TH SEPTEMBER
AS WAS WRITTEN YESTERDAY, DUE TO EXPIRY CONSIDERATIONS, NIFTY CONTINUED WITH THE RANGE BOUND MOVEMENTS WITH A NEGATIVE BIAS. WEDNESDAY SAW NIFTY MAKING THE 3RD CONSECUTIVE DAY OF LOWER HIGHS AND LOWER LOWS THAT ENCOURAGES ONE TO SHORT THE INTRADAY RISE AS LONG AS SPOT NIFTY FAILS TO CROSS LAST FRIDAYS HIGH OF 5720. EVERY INTRADAY RISE TOWARDS OR ABOVE 5700 SPOT LEVELS MAY BE RUTHLESSLY SHORTED BY HAVING A STOP LOSS ABOVE SPOT NIFTY LEVEL OF 5720 FOR GOOD INTRADAY GAINS. BEING EXPIRY DAY
MARKETS FOR 25TH SEPTEMBER
DUE TO THE EXPIRY WEEK CONSIDERATIONS BEING IN PLAY, NIFTY CONTINUED TO TRADE IN A TIGHT RANGE OF 5710 ON THE HIGHER SIDE AND 5663 ON THE LOWER SIDE TO CLOSE AROUND 5672. TILL EXPIRY IS OVER ON 27TH SEPTEMBER, ONE WILL OBSERVE RANGE BOUND MOVE WITH A NEGATIVE BIAS. AS OF NOW THE EXPIRY IS LIKELY TO BE EITHER 5700 OR 5600. THE PRICE PATTERN SUGGESTS THAT THE BIG OPERATORS MAY PULL NIFTY DOWN FURTHER FROM THE PRESENT LEVELS TO HAVE THE EXPIRY AROUND 5600 LEVELS. HOWEVER THERE WILL BE MUCH BIGGER MOVEMENTS IN THE INDIVIDUAL STOCK PRICES OFFERING GREAT OPPORTUNITIES TO EARN HANDSOME GAINS IN THEM.
FOR TUESDAYS INTRADAY TRADING PURPOSE, SPOT NIFTY IS LIKELY TO BE RANGE BOUND AGAIN IN A TIGHT RANGE OF 5700 TO 5710 ON THE HIGHER SIDE & 5660 TO 5650 ON THE LOWER SIDE. SPOT NIFTY HAS INITIAL SUPPORT AROUND MONDAYS LOWS OF 5663 TO 5660 LEVELS SUSTAINING BELOW WHICH MAY EASILY SEE SPOT NIFTY SLIDING TOWARDS 5650 TO 5645 LEVELS. SIMILARLY ON THE HIGHER SIDE, SPOT NIFTY MAY FIND IT TOUGH TO BREACH 5696 TO 5700 ZONE SUSTAINING ABOVE WHICH ONLY ONE MAY SEE NIFTY MOVING UP IN STEPS TOWARDS 5705 TO 5710 FOLLOWED BY 5720. ONLY SUSTAINING ABOVE THE SPOT NIFTY LEVEL OF 5720 MAY GENERATE SHORT COVERING TO PROPEL NIFTY TOWARDS 5730 FOLLOWED BY 5740 LEVELS.
MARKETS FOR 24TH SEPTEMBER
THE MARKETS CONTINUE TO REMAIN BULLISH TOWARDS NEW LIFE TIME HIGHS ABOVE 6300+ NIFTY LEVELS AS PART OF THE MEGA 3RD SUB WAVE OF THE MONSTER 3RD UP WAVE. USE EVERY CORRECTION TO BUY ONLY. HAVE TRAILING STOP LOSS AS THE MARKETS MOVE UP. SPOT NIFTY HAS INITIAL SUPPORT AROUND 5686 FOLLOWED BY 5666 & IF THE CRITICAL LEVEL AROUND 5666 DOES NOT HOLD THEN IT HAS STRONG SUPPORT AROUND 5630. NO CHANGE HAS BEEN MADE TO THE DAILY CHART ABOVE, AS THE MARKETS ARE MOVING UP EXACTLY AS PER THE LEVELS GIVEN IN THE CHART ABOVE. THE INVERTED HEAD & SOLDER AS GIVEN IN THE CHART ABOVE CAN SEE THE NEXT TARGET OF 5950 SPOT NIFTY LEVELS THAT WILL BE FOLLOWED BY NEW LIFE TIME HIGHS ABOVE 6357 WITH MANY PAUSES AND CORRECTIONS TILL SPOT NIFTY MAKES A NEW LIFE TIME HIGH.
ON THE HIGHER SIDE, SPOT NIFTY FINDS INITIAL RESISTANCE AROUND 5740 WHERE ONE MAY EXPECT SOME PAUSE THAT MAY SEE PITCHED BATTLE BETWEEN THE BULLS & THE BEARS TO REGAIN SUPREMACY. ONCE SPOT NIFTY BREACHES 5740 AND MORE IMPORTANTLY MANAGES TO CLOSE ABOVE IT THEN THERE IS NO STOPPAGE FOR SPOT NIFTY TOWARDS THE NEXT TARGET OF 5900+ LEVELS IN NEX FEW DAYS. LONG TO MEDIUM TERM HOLDERS MAY HOLD LONGS AND ADD LONG POSITIONS ON EVERY DECLINE AS LONG AS SPOT NIFTY DOES NOT BREACH 14TH SEPT OPENING GAP LOW OF 5530 ON A CLOSING BASIS. IN CASE SPOT NIFTY CLOSES ABOVE 5740 MORE LONGS BE ADDED TO SEE 5900 OR EVEN HIGHER LEVELS.
MARKETS FOR 20TH SEPTEMBER
AS WAS WRITTEN BELOW FOR 18TH SEPT, INDIAN MARKETS TOOK A PAUSE AND AFTER 9 CONSECUTIVE DAYS OF MEGA RISE FROM THE 5TH SEPT LOW OF 5215 TILL 17TH SEPT HIGH OF 5650 SPOT NIFTY LEVELS, NIFTY CERTAINLY DESERVED A FEW DAYS OF PAUSE BEFORE RESUMING THE UPWARD MARCH AS PART OF THE MONSTER 3RD SUB LEG OF THE MEGA 3RD UP WAVE . ALTHOUGH HOLDERS OF SHORT POSITIONS MAY CONTINUE TO HOLD THE SHORT POSITIONS TILL SPOT NIFTY DECISIVELY BREACHES THE MONDAY 17TH SEPT HIGH OF 5650 & MORE IMPORTANTLY TILL SPOT NIFTY CLOSES ABOVE THE 22ND FEB SWING HIGH OF 5631, YET THE LIKELY INITIAL SLIDE ON THURSDAY 20TH SEPT SHOULD BE USED BY SHORT HOLDERS TO AT LEAST
MARKETS FOR 18TH SEPTEMBER
NIFTY AS EXPECTED OPENED WITH A BIG GAP UP AND IN THE OPENING SECONDS ONLY REACHED THE DAY HIGH OF 5650 SPOT LEVELS MUCH HIGHER THAN THE CRITICAL SWING HIGH OF 5630. HOWEVER AFTER THE OPENING MINUTES NIFTY FAILED TO BREACH THE OPENING HIGH OF 5650 AND FELL TO MAKE AN INTRADAY LOW OF 5585 MUCH BELOW THE OPENING GAP LOW OF 5636. THREE MORE ATTEMPTS WERE MADE BY SPOT NIFTY TO BREACH THE CRITICAL RESISTANCE OF 5630 BUT IT FAILED ALL THE TIMES TO FINALLY CLOSE THE DAY AROUND 5610. NOW, SHOULD SPOT NIFTY FAIL TO BREACH THE CRITICAL 5630 & MORE IMPORTANTLY IF IT FAILS TO
MARKETS FOR 17TH SEPTEMBER
LAST WEEK ENDING 14TH SEPTEMBER, AS EXPECTED NIFTY MADE A MONSTROUS UP MOVE TO REACH A WEEK ENDING HIGH OF 5587 FROM A WEEKLY LOW OF 5332 AND CLOSED THE WEEK AT 5578 WITH A GAIN OF MORE THAN 5% THAT TOO MUCH HIGHER THAN THE PREVIOUS WEEK ENDING 8TH SEPT HIGH OF 5366, LOW OF 5215 AND CLOSING OF 5358. THE MORE IMPORTANT FACTOR TO BE KEPT IN MIND IS THAT THE MONSTROUS WEEKLY GREEN CANDLE THAT WAS FORMED HAS PIERCED THE WEEKLY BOLLINGER BAND TO CLOSE THE WEEK MUCH ABOVE THE UPPER BAND FOR
MARKETS FOR 14TH SEPTEMBER
THE MARKETS ARE MOVING EXACTLY AS PER THE WEEKLY ANALYSIS GIVEN FOR THE WEEK ENDING 14 SEPTEMBER BELOW. THE RELEVANT ASPECTS OF MARKET MOVEMENTS FOR THE WEEK ENDING 14TH SEPTEMBER HAVE NOW BEEN HIGHLIGHTED FOR READY REFERENCE. NIFTY AS PART OF THE MONSTER 3RD UP WAVE WILL MAKE A NEW LIFE TIME HIGH ABOVE THE EARLIER HIGH OF 6357 MOST LIKELY BY END OF THE CURRENT FINANCIAL YEAR IF NOT AS EARLY AS THIS YEAR’S DEWALI OR NEW YEAR EVE. SO, LIKE IT HAS BEEN SAID MANY A TIMES IN THE WEEKLY ANALYSIS, JUST LOOK
MARKETS FOR 13TH SEPTEMBER
NIFTY AS PER THE EXPECTATIONS REMAINED BULLISH AND MADE A HIGHER HIGH AT 5435 , HIGHER LOW AT 5394 AND A MUCH HIGHER CLOSING AT 5431 AROUND THE HIGHEST POINT OF THE DAY. THE EARLIER MENTIONED MONDAY’S DOJI HIGH OF 5275 PLAYED THE TRICK OF CATAPULTING NIFTY SPOT TOWARDS 5435 AND TUESDAYS OUTSIDE BAR LOW OF 5332 WILL BECOME A STRONG SUPPORT FOR NIFTY IN MAINTAINING THE UPWARD MOMENTUM. AS LONG AS SPOT NIFTY DOES NOT CLOSE
MARKETS FOR 12TH SEPTEMBER
AFTER THE INITIAL HITCH DUE TO THE DOW INDUCED NEGATIVE OPENING OF SPOT NIFTY AT 5336 ON TUESDAY, TO FALL TILL 5332 MUCH BELOW THE MONDAYS MINI DOJI LOW OF 5349 & THEN SHOWING A REMARKABLE BOUNCE LATER IN THE DAY TO RISE TO A DAY’S HIGH OF 5393 TO CLOSE THE DAY AT 5390 THAT TOO MUCH ABOVE MONDAY’S DOJI HIGH OF 5375 & ABOVE THE DAILY PIVOT IS A MEGA BULLISH SIGNAL
MARKETS FOR 11TH SEPTEMBER
THE FEAR OF 9/11 WILL HUNT THE MARKETS IN USA FOR TWO TO THREE DAYS FROM 10TH SEPT TILL 12TH SEPTEMBER AND ALL THE NEWS EVENTS TO BE ANNOUNCED IN USA WILL BE NEGATIVE FOR THE REST OF WORLD MARKETS. SO THE RISE WHICH ONE HAD SEEN ON FRIDAY AND SATURDAY IN INDIAN MARKETS OR THE RISE OF REST OF THE WORLD MARKETS ON FRIDAY & MONDAY WILL BE COMPENSATED BY THE MAFIA
MARKETS FOR 10TH SEPTEMBER
NIFTY BEHAVED EXACTLY AS WAS WRITTEN DURING LAST FEW DAYS AND TESTED THE 50% RETRACEMENT LEVEL OF 5240, THE LOWER BOLLINGER BAND AROUND THE BASE OF THE UPWARD LOOKING CHANNEL AT 5215 TO SHOW A REMARKABLE BOUNCE FROM THE LOW OF 5215 TO BOUNCE AND CLOSE AROUND THE SPOT NIFTY LEVEL OF 5359 ON SATURDAY. THE BIG GAP UP ON FRIDAY INDUCED BY THE FAVORABLE OUTCOME OF ECB THAT PUMPED DOW SOARING TOWARDS NEW HIGHS, SAW INDIAN
MARKETS FOR 7TH SEPTEMBER
NIFTY ON THURSDAY MADE A LOW OF 5218 JUST ABOVE THE WEDNESDAY’S LOW OF 5215 AND ALSO MADE A HIGHER HIGH AT 5261 & ALSO A HIGHER CLOSING AT 5240 ABOVE WEDNESDAY’S CLOSING OF 5226 SPOT. THIS HIGHER LOW, HIGHER HIGH AND THE HIGHER CLOSING ON THE AUSPICIOUS THURSDAY WAS PERHAPS THE INITIAL INDICATION OF WHAT IS IN STORE FOR NEXT FEW DAYS .THE ENDING OF ECB THAT HAS BROUGHT GREAT CHEERS FOR EUROPEAN MARKETS & DOW WILL HAVE
MARKETS FOR 6TH SEPTEMBER
NIFTY CONTINUED WITH ITS DOWN SLIDE CORRECTIVE MOVE WITH A LOWER LOW, LOWER HIGH AND LOWER CLOSING & THIS MAY CONTINUE FOR SOME MORE DAYS WITH A MILD REVERSAL IN BETWEEN TO ALLURE THE BULLS INTO BUYING MODE TO BE TRAPPED BY THE WELL LAID OUT BULL TRAP EXACTLY SIMILAR TO THE BULL TRAP LAID ON TUESDAY TO TRAP THE BULLS ON WEDNESDAY MORNING. NIFTY WILL BE
MARKETS FOR 5TH SEPTEMBER
NIFTY AS EXPECTED BREACHED MONDAYS LOW OF 5243 AND ALSO BREACHED LAST WEEK’S LOW OF 5239 TO MAKE A NEW LOW AT 5233. BUT THE WAY NIFTY BOUNCED UP TO A DAY HIGH OF 5278 FROM THE LOW OF 5233 TO FINALLY CLOSE AT THE HIGHEST POINT OF THE DAY AT 5278 (AVERAGED CLOSE FOR SPOT NIFTY IS 5274) IN THE FORM OF A BULLISH ENGULFING CANDLE TO THE CANDLE OF MONDAY IS TECHNICALLY A SIGN OF STRONG BULLISHNESS, ALTHOUGH IT HAS ALL
Lovefailure's Technical call(5th Sept)
Source :LF team(greed4fear@gmail.com)
Sell ApolloFut @93.5-94.5 SL 98.5 above.
Target 90/85/80..
Source :LF team(greed4fear@gmail.com)
Sell Voltas @110-110.5 SL 113 above.
Target 108/106/104...
MARKETS FOR 4TH SEPTEMBER
NIFTY TRADED WEAK ON MONDAY & WAS RANGE BOUND WITHIN THE TIGHT RANGE OF 5295 TO 5243 SPOT LEVELS. ALTHOUGH IT DID NOT BREACH THE FRIDAYS LOWS OF 5239 ( OH, WHAT A MAGNANIMOUS EFFORT BY THE ROBUST INDIAN BULLS ! ) YET IT DID NOT BREACH FRIDAYS HIGH OF 5299 EITHER. HOWEVER IT CLOSED AT 5253 ON AVERAGING BASIS, ALTHOUGH THE LAST PRICE WAS 5245. WITH DOW CLOSED ON MONDAY NIGHT, ALTHOUGH THE ADVERSE INFLUENCE MAY NOT
MARKETS FOR 3RD SEPTEMBER
AS WAS MENTIONED EARLIER, SPOT NIFTY TESTED THE CRITICAL 50% RETRACEMENT LEVEL OF 5240 ON FRIDAY TO CLOSE THE DAY, WEEK AND THE MONTH OF AUGUST AROUND 5258 SPOT LEVELS EXACTLY AROUND THE 50 DAY EMA. THE CRITICAL 50 DMA IS ALSO PLACED AROUND THE SAME LEVEL OF 5258 WHERE SPOT NIFTY HAS CLOSED ON FRIDAY. THE RISE OF DOW BY NEARLY 100 POINTS ON FRIDAY NIGHT ALTHOUGH UNDER NORMAL CONDITIONS SHOULD TRIGGER A GAP UP OPENING, YET AS LONG AS
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