For 01-04-2011.

Monthly closing of Nifty future done well above 7 EMA.

Now what next----

(1) If Nifty future can go up and trade above 5869,

Then can face a medium strength Resistance at 5878 level, and if can cross this level then can go up to 5908 and 5913.
If can cross 5913 and stay above this level then can go up to 5938, and above this can go up to 5985 level.


(2) If Nifty future not able to sustain above 5869,

And trade below 5862, then can go down towards 5816.
Below 5816, 5811 and 5802 are two medium strength support.
Break of these two support, NF can easily go down up to 5758 - 5754.
Below this, a strong supporting zone existing in between 5742 - 5725.






All levels are for my own trading targets and support and Resistance levels. Others can use it for educational purpose.

Intra up date.

Alert NF turning towards bearish zone.

Be careful who are in long.

If NF break and trade below 5765,

then can go down towards 5684 - 5680.





All levels are for my own trading targets and support and resistance. Others can use it for educational purpose.

For 30-03-2011.

Nifty future could not sustain above up side Chanel which are at 5770 - 5772 - 5774 .

Now what next.
From yesterday, Negative divergence building in different TF indicators.

Now if NF can trade above 5755 and 5757 , then can test 5786 , and if can cross 5786 level ,
then can go up to 5838 - 5840 level. above this 5869 .

Now Tomorrow if Nifty future trade below 5755 and 5757 , and break down below 5746 then first can go down up to 5730 and 5720 .
Below 5720 , can go down to 5702 - 5700 level.

If break with volume 4694 , then can slide up to 5670 - 5660.
5660 is a good support area, and if break this then next support is at 5639 and 5630 .
Below this support , next support is at 7 Dema , which is at 5620 , calculating on today's closing, Tomorrow it can ( 7 dema ) change it position with few points.






All levels are for my own trading targets and support and Resistance level. Others can us it for educational purpose.

For 29-03-2011.

Nifty future is moving up side with over bought condition.
Today some negative divergence developed in hourly- Rsi chart.

Now if Nifty future can trade above 5714 , then can try 5727 , if can cross 5727 then a medium strength up side Chanel resistance is at 5741.
Above 5741 , NF can easily test 5770-5772-5774.

A hard core up side Chanel resistance are at 5770-5772-5774 . If can cross these line then have to think more.

And if Nifty future trade below 5691-5690, then can go down to 5674 .
If trade below 5674 , then can go down to 5649-5646. Below this 5638 is a good support.
Below 5638 , NF can go to 5605 - 5592.







All levels are for my own trading target levels and support and Resistance levels. Others can use it for educational purpose.

For 28-03-2011.

What a strong up move, huge opened short probably closed today.
NF cmp is 5673.

Now what next --
Currently NF is at OB zone.
A strong up side Chanel resistance is at 5702 - 5706 level.
Above this level If NF sustain then can move higher level up to 5757 and 5783 level.

But due to highly OB condition, probably NF will not sustain above 5702 - 5706 level, If can cross 5692 ( Today's high ) .

And If trade below 5690 , then NF can fall down side up to these level's -----

5601 , if break then 5591, if break then 5577.






All levels are for my own trading target levels and support, resistance level. Others can use it for educational purpose.

For 25-03-2011.

Now for Tomorrow trade cautiously. Today's NF closing at 5550.

Any Gap up opening of 35 - 50 points can trigger a down fall for one day.
If tomorrow NF open with 35 - 50 points gap up, then expecting a down fall and can fall up to
5523 - 5514 level.

A strong support existing at 5497 level .

And if not gap up open not happen , then also trade cautiously - a choppy movement few up side and then towards down side can happen.

Nearest up side levels are 5569 and 5590 which i posted before also.






All levels are for my own trading target level and support level. Others can use it for educational purpose.

For 23-03-2011 and Next.

Nifty future closed above -- 3 Day EMA - 5425.

Now what next.
Now NF should stay above 5447 for next up side movement.

Above 5447 , Nifty future should stay above 5468.
If can stay above 5468 then next target levels are -----

5490 and 5503

above 5503, can go up to 5569 and next 5590.

Down side support levels from current level are at ---

If 5435 breaks then can slide up to 5429 and 5425,
and below this 5416.
A strong support existing at 5416 and 5403 levels.






All levels are for my own trading targets and support levels. Others can use it for educational purpose.

For 21-03-2011.

HAPPY HOLI TO ALL

-----------------------------------------------------------

Nifty future's reversal point is very near, and expecting from Monday it can start up side journey from any down side level.

Down side expecting NF can break 5357,
and can go few points down up to 5347
and next 5314.
A strong supporting Chanel existing at 5314 level.

From down side to up side targets levels are --

5408 - 5420 - 5439 - 5441.

and above this level's -- 5469 .

will post next level.






All level's are for my own trading target's. Others can use it for educational purpose.

for 16-03-2011.

Today seen a great volatile day.
what next Tomorrow........
Today's high -- 5504 and Low -- 5374.
Tomorrow watch the levels..
upside resistance today's high at 5504, then 5508 and most strong resistance at 5514 level.
Tomorrow if Nifty future can go up-to 5514 and can sustain above this level then can move further upside ( not thinking so ), or else down fall will continue.

Down side nearest support at 5416.
If this support NF can break then will go to 5374.
If break this support then can face a strong support at 5371 level.
If can break tomorrow this 5371 level, then can go down and can test 5350 level.
Below 5350, NF can test 5331 - 5308 - 5298.

Most strong support existing down side is at 5300 - 5298. And expecting this level will not break.
Lets see.......






All levels are for my own trading targets and levels. Others can use it for educational purpose.

For 15-03-2011.

Today Nifty future closed above again 7 ema .
Tomorrow if can sustain above 5572, then can only go above and can test 5598 and 5604.
But i don't think can sustain upper level.
any fall below 5503 and 5492 can trigger the down fall.
Tomorrow trade as per OI indication and NF buy/sell indication.

My MT4 software hang out at 5526 level.
Will try to post Tomorrow.




All levels are for my own trading targets and level. Others can use it for educational purpose.

for 14-03-2011.

Our sympathy and Condolences to all those families who lost their loved family member and others. May God bless them, and prayers for the safety for those alive one who is affected by the Tsunami in Japan.





Nifty future closed below 7 ema( pink line) and most valuable Black line. So i came out from longs last day.
It indicates down trend. Now on 14-03-2011, NF can start fall from here, or can go up little bit up side.
Up side resistance points are at 5479, then 5483, then 5490, then 5494.
And down side support level below 5412 that NF can test are at 5380 5385.
If NF can break this support then can test 5350.
Below 5350, NF can test 5331 - 5308 - 5294.
Lets see.......





All charts and levels are for my own trading levels and targets.Others can use it for educational purpose.

For 11-03-2011.

Today on 10-03-2011 is also another volatile day. Last few days, we watched NF was
extremely volatile and NF faced so many Bear attack. We have seen so many bear dance in these days, but they could not succeed to drag down Nifty future below 7 Dema ( Day ema ) on closing basis.
Please study the above chart, the pink line is the 7 Dema.
NF never closed below 7 dema from last 7 trading days.
Once its closed above 7 dema on last 7 day ago, from that day several attack made by bear and during trading hours they drag down nifty future several times below 7 dema , but could not succeed to close below 7 dema , and always closed above 7 dema in these days.

WHY so ......... ????

There is up move left , I strongly believe there is a final up move left.
And it will start from Tomorrow or day after tomorrow.
Not posting upward levels , because it is posted before, see yesterdays and before posts.
The levels are intact as of now, if require to change then will post.
First let it start to move up side..
I am holding longs from last few days back......Lets see........






All levels and charts are for my own trading purpose and targets. Others can use it for educational purpose.

For 10-03-2011.

Today's (09-03-2011) Low is 5477 and high is 5572.
As of now, after made low of 5400 recently, NF forming higher highs and higher lows.

So on 10-03-2011, first resistance will be at 5572 and next at 5582 level.
If clear then NF will face next resistance zone at 5600 to 5610 level.
above 5610 can go up to 5619 - 5630 - 5642.
Above 5642 NF can test 5676, If can sustain above 5676 then will see more up side.
Let it complete first. I am bullish as of now.





All levels and charts are for my own trading targets level. Others can use it for educational purpose.

Nifty Future for 09-03-2011.

Nifty future closed above - 3 Dema and 7 Dema.
A good support developed at 5500-5504, as long as NF trading above this support can be good for long.
what next, above 5510, next target is 5582.
above 5582, there is a resistance zone at 5603-5610.
If can sustain and trade above 5610, then can test 5619 to 5630.
Lets see up to which it can trade tomorrow.
If can achieve all then will try to point out final target zone.




All charts and levels are for my own trading targets, others can use it for educational purpose.

Nifty Future for 08-03-2011.

As yesterday posted EW count ( See previous posted chart), as per my count 4th wave completed today, and 5th wave started.
Now nearest small resistance is at 5496-5500, then 5510.
Above 5510, NF will test the upper Chanel at 5582.
Above this NF can test 5610, above 5610, NF can test 5654 and 5670.
Let it trade above 5510 and then trade above 5610.
Then will post.








All trading levels and charts are for my own trading purpose. Others can use it for educational purpose.

Nifty Future for 07-03-2011.

Today's volatility showing this above picture, and after completion of this "C" , NF can move upward for final top.
My final top target was little bit higher, that was 5746 to 5820-5840.
But after today's move, had to calculate again with new data( top can be 5646- 5670/5676).
Today NF breached most valuable line, which is always used for advance reversal signal in past and always.

So now , I am thinking that can NF break this up side Chanel resistance ( Red Chanel in 2nd chart), Last month also bounce back from this Chanel resistance also.
Now this Chanel resistance is at 5670-5676.

And before this Chanel resistance, there is another resistance also at 5640 also.

If NF can sustain above 5676, then only can think about new targets.

So any way, to test these all above resistances, NF will have to cross 200 day ema which is at now 5605.
So now if NF can go above its 200 day ema, which is now at 5605, and after that from any above level NF starts falling and cross down below 200 day ema, then can think NF start down trend.

So be alert always, because we are near to top (short term).


Will post again..









All levels and targets are for my own trading purpose, others can take it as a educational purpose.

Nifty Future for 04-03-2011.

Tomorrow (04-03-2011), NF can dip few points up to 5502 to 5478.
And then can go up side .
NF can face Resistance at 5555-5565. If cross then can go up to 5621, break of this can go up to 5634, if break this can go up to 5652-5676.
From any of these up side target, NF can enter into 4th wave type formation.we are near to up side top. Always be alert.







All Levels and charts are for my own trading targets.Others can use it for educational
purpose.

Nifty Future for 03-03-2011.

CMP - 5554.
Due to OB region, Nifty future can fall from here, or from 5568, or from 5610 level.
And can fall up to 5504, if break then up to 5491, if break then 5468.
Trend will remain up side for few more days, and can buy from lower levels.
Now what is the final up side level..
If NF can breach up side Chanel resistance at 5655 (expecting will break),
Then some final top level's are -

1. 5758, and if break up this, then,

2. 5820 - 5840.

I am expecting can reach 5820 - 5840 levels.
After that, a huge fall will start.
Let the market complete its uptrend, then will post for down side targets level.





All charts and levels are for my own trading purpose and levels are for my target.
Others can use it for educational purpose.