Indian markets closed the week on some good recovery, but still this was not strong enough to hold nifty above its resistance level of 5569. So we are again back in the consolidation expecting the breakout in the coming sessions. However our strategy for next week will be to enter long only if nifty manages to close above the 5571 mark continuously for 2 trading sessions. The targets for long ... [Continue Reading]

Nifty futures has sown the sign of the reversal in its downtrend we are now expecting the upside form the current levels targeting the 5690 level in near term. However we will advice traders to add long position on every down move. We are going to see more buying from the current levels which will push the markets towards the 5690 level of past. So the current trend is up ward and taking the ... [Continue Reading]

After the long consolidation in the markets we are now looking for fresh rally towards the 5700 levels as the markets are now now heading upward. However we are still expecting some minor selling from current levels, also this selling will be very good opportunity for short term buying in the frontline stocks. Once the Nifty breaks above the 5571 level and closes above it for continuously 2 ... [Continue Reading]

Selling from all sides has pulled the markets from 5900 levels to the current 5350 levels. However we are still expecting this trend to continue targeting 5150 levels soon. We will be looking for only selling opportunities as long as nifty is trading below 5558 level. Today Nifty futures is trading lower by 36 points, but still we will be trading short in this market scenario as the technical ... [Continue Reading]

Nifty futures continuing its downtrend falling from 5900 to 5414 levels last Friday. We are looking for selling opportunities only on every up move from here. Also markets are likely to stay highly volatility due to F&O expiry this week. However we will advice traders to build short position on every up move. We are going to see more selling from the current levels which will pull the markets ... [Continue Reading]