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CHART FOR 25 JAN 2012

6 MONTHS DAILY EOD CHART FROM  15 JUL 2011 TO 24 JAN 2012     

CLICK ON THE CHART BELOW TO ENLARGE  

 


 

   
 
 

                

MARKETS FOR 27 JAN 2012  WILL NOT BE UPDATED FOR FRIDAY 27TH JAN. FRESH UPDATING FOR NEXT WEEK WILL RESUME FROM SUNDAY 29TH JAN.

 

SPECIFIC INTRADAY TRADING LEVELS FOR NIFTY FUTURES, STOCK FUTURES, NIFTY AND STOCK OPTIONS WILL BE DIRECTLY SENT TO ALL THE SUBSCRIBERS ON SMS & YM BEFORE THE MARKET HOURS INITIALLY AND MOSTLY DURING THE MARKET HOURS AS PER THE PROGRESS OF MARKETS. THE LEVELS GIVEN ABOVE ARE GENERAL IN NATURE.

 

MARKETS FOR 25 JAN 2012RBI’S  SURPRISE ANNOUNCEMENT OF 50 BASIS POINT CUT IN THE CRR BROUGHT GREAT CHEERS FOR THE MARKETS THAT SAW THE INITIAL BOUT OF SHORT COVERING TO PROPEL NIFTY  ABOVE THE 5100 MARK & AS NIFTY SUSTAINED ABOVE THE PREVIOUS SWING HIGH OF 5100, FURTHER BUYING CAME IN TO PROPEL NIFTY TOWARDS THE 200 DAY EMA AROUND 5140 TO FINALLY CLOSE THE DAY AROUND SPOT 5127 STILL MUCH ABOVE THE 7TH DECEMBER SWING HIGH OF 5099. WITH EXPIRY FALLING ON WEDNESDAY, THE HIGH CLOSING OF NIFTY ON TUESDAY SUGGESTS THAT ANOTHER UPWARD PUSH MAY BE GIVEN TO NIFTY TO HAVE THE EXPIRY CLOSING AROUND 5150 OR EVEN 5200 BEFORE THE BULLS HAND IT OVER TO THE BEARS,  FOR THE BEARS  TO AT LEAST HAVE SOME SATISFACTION  TOWARDS THE MONTH END AFTER HAVING BEEN BATTERED  ALL THE WAY FOR THE ENTIRE MONTH OF JANUARY.

 

LIKE THE EARLIER EXPIRY DAYS, THIS TIME EXPIRY ALSO MAY NOT ADHERE TO THE TECHNICALS AND MAY CLOSE AT THE PRE DETERMINED LEVELS OF BIG MARKET PLAYERS. HOWEVER A RISE ABOVE 5150 TOWARDS 5200 SPOT LEVELS MAY ENCOURAGE TRADERS TO SHORT FEBRUARY FUTURES OR BUY FEBRUARY 5100 PUTS TO TRY THEIR LUCK DURING THE LIKELY BEARISHNESS THAT MAY BE SEEN DURING THE ENDING 2 TO 3 TRADING DAYS OF JANUARY AND FIRST WEEK OF FEBRUARY. HOWEVER TRADERS & INVESTORS MUST KEEP IN MIND THAT  NIFTY IN CASE SUSTAINS ABOVE 5100 OR MORE IMPORTANTLY ABOVE 5050 THEN  THIS  MAY POSSIBLY SPELL THE END TO THE LINGERING TERM ‘THE DEAD CAT BOUNCE’ & WILL BE REPLACED BY THE TERM AS ‘FRESH BULL RUN’ & THE MOST FEARED BUDGET MONTH MAY SEE NIFTY CROSSING THE MAJOR RESISTANCE LINE AROUND 5313 TO EYE FOR THE CRITICAL 50% RETRACEMENT LEVEL OF 5434 TO CONFIRM THAT THE MARKETS ARE IN FOR A ROARING BULL MARKETS TOWARDS MUCH HIGHER LEVELS.

 

FOR THE INTRADAY TRADING PURPOSE ON THE EXPIRY DAY, SPOT NIFTY FINDS INITIAL SUPPORT AROUND 5118 TO 5105 . INABILITY OF THE BULLS TO HOLD THE SUPPORT AROUND SPOT 5105 MAY SEE NIFTY SLIDING FURTHER TOWARDS THE SUPPORT LINE AROUND 5080 WHICH SHOULD BE PROTECTED BY THE BULLS  AT ANY COST FAILING WHICH A TUNNEL MAY BE DRILLED BY THE BULLS THEMSELVES AROUND SPOT 5080 TO CRAWL THROUGH IT TOWARDS 5050 & THE TUNNEL MAY THEN  BE FURTHER EXTENDED BY THE BEARS TOWARDS 5000 SPOT LEVELS BY END OF JANUARY MONTH TO AT LEAST SATISFY THE BEARS THAT THEY COULD PUSH THE BULLS DOWN BY 150 POINTS FROM 5150 TO 5000 LEVELS, SO WHAT IF THE BEARS  HAD TO BE KICKED  ALL AROUND RIGHT FROM THE FIRST TRADING DAY OF 2ND JANUARY LOW OF 4588 TILL 24TH- 25TH JAN HIGH OF 5140 OR 5150.

 

SIMILARLY ON THE HIGHER SIDE, IF A RENEWED OFFENSIVE BY THE BULLS  CAN TAKE NIFTY ABOVE THE 5130 TO 5140 ZONE, THEN BULLS MAY JUST SIT TIGHT AFTER THAT AS BEARS THEM SELVES WILL TAKE NIFTY TOWARDS 5200  BY THE MERE STRENGTH OF THEIR GLORIOUS SHORT COVERING. THE BULLS MUST KEEP IN MIND THAT THEY HAVE TO TAKE NIFTY ABOVE THE CRITICAL LEVEL OF 5140 TO 5142 WHICH WERE THE TWIN LOWS OF 11TH & 14TH NOVEMBER THAT HAD SEEN THE BULLS GETTING BUTCHERED  FOR NEXT SEVEN TRADING DAYS TO REACH A LOW OF 4640 ON 23RD NOV 2011. SO A FAILURE TO MOVE UP AND SUSTAIN ABOVE THE CRITICAL ZONE OF 5140 TO 5150 MAY SEE A REPEAT OF SIMILAR BUTCHERING OF THE BULLS AT THE HANDS OF THE BEARS DURING THE FAG END OF JANUARY & EARLY FEBRUAR

 

LIKELY EXPIRY MAY BE AROUND 5100  OR AROUND 5050 LEVELS IF BEARS ARE DOMINANT. IN CASE BULLS ARE DOMINANT THEN ONE MAY HAVE THE EXPIRY AROUND 5150 OR EVEN NEARER TO 5200.

 

 

SPECIFIC INTRADAY TRADING LEVELS FOR NIFTY FUTURES, STOCK FUTURES, NIFTY AND STOCK OPTIONS WILL BE DIRECTLY SENT TO ALL THE SUBSCRIBERS ON SMS & YM BEFORE THE MARKET HOURS INITIALLY AND MOSTLY DURING THE MARKET HOURS AS PER THE PROGRESS OF MARKETS. THE LEVELS GIVEN ABOVE ARE GENERAL IN NATURE.

 

MARKETS FOR 24 JAN 2012    TUESDAY BEING THE CRITICAL DAY OF RBI ANNOUNCEMENTS, ONE MAY EXPECT A HIGHLY RANGE BOUND MARKET TILL AROUND 5 MINUTES SHORT OF THE ANNOUNCEMENT. JUST SHORT OF 5 MINUTES OF THE ANNOUNCEMENT ONE MAY SEE HIGH VOLATILITY THAT WILL TRIGGER MOST OF THE STOP LOSSES AT WHATEVER DISTANCE THESE ARE PLACED. THE IDEAL TRADE FOR TUESDAY MAY BE NO TRADE TILL THE ANNOUNCEMENT IS MADE & IN CASE ONE FEELS ITCHY TO TRADE THAN IT IS WISER TO HAVE BOTH A JANUARY CALL OF NIFTY 5000 AND ALSO A PUT OF NIFTY 5100 WITH A BIAS TILTED TOWARDS MORE CALLS THAN PUTS OR ONE MAY HAVE 1 CALL & 1 PUT TILL THE VOLATILITY STARTS AND ADD 1 MORE CALL ON INTRADAY MARKET FALLS BEFORE THE ANNOUNCEMENT  TO SIT WITH 2 CALLS TO 1 PUT FOR THE FINAL ANNOUNCEMENT.

 

MOST LIKELY 25 BASIS POINT CRR CUT MAY BE THERE. ALTHOUGH IT IS ON EXPECTED LINES, STILL MARKETS WILL SHOOT UP AFTER THIS EXPECTED ANNOUNCEMENT. IF REPO RATE  CUT ALSO IS ANNOUNCED THAN ONE CAN SEE NIFTY SHOOTING UP LIKE A BALLISTIC  MISSILE WITHOUT  LETTING ANYONE KNOW THE HEIGHT NIFTY MAY REACH. A STATUS QUO WITH THE AS USUAL CONFUSING & POSITION SAVING STATEMENT BY THE RBI MAY SEE NIFTY FALLING LIKE A DEAD STONE STRAIGHT  TOWARDS 4900 LEVELS WITH OUT LETTING BOTH THE BULLS AND THE  BEARS REALIZE AS TO WHAT THE HELL HAS  HAPPENED TO INDIAN MARKETS. IN CASE OF NO RATE CUT  BOTH IN REPO RATE & CRR  THEN ONE MAY QUICKLY QUIT CALLS AND ADD DOUBLE THE AMOUNT OF PUTS. IN CASE THE ANNOUNCEMENTS ARE MARKET FRIENDLY WITH BOTH  REPO & CRR CUT, THEN ONE MAY ADD CALLS & QUIT THE PUTS IMMEDIATELY. BE CAUTIOUS AS EXTERNAL OPERATORS & MARKET MANIPULATORS WILL BE WAITING WITH THEIR CROCODILE MOUTH OPEN  TO SHORT THE MARKETS OUT OF SHAPE &  RIP THE BULLS APART  WHATEVER THE ANNOUNCEMENT MAY BE , WHETHER  MARKET FRIENDLY OR UNFRIENDLY.

 

ALTHOUGH INTRADAY NEAR SUPPORTS AND NEAR RESISTANCES HAVE NO MEANING FOR TUESDAY, YET NIFTY FUTURE FINDS INITIAL SUPPORT AROUND 5044 BELOW WHICH NIFTY FUTURE MAY FALL BY ANOTHER 20 TO 25 POINTS TOWARDS 5020 LEVELS ENTIRELY SKIPPING MONDAYS LOWS OF 5034. A FURTHER SLIDE BELOW 5020 WILL RENDER NIFTY FURTHER WEAK TO TRAVEL TOWARDS FRIDAYS LOWS OF 5005 OR EVEN TOWARDS 4990. ON THE HIGHER SIDE A DECISIVE BREACH OF THE 5055 TO 5065 ZONE MAY SEE  EARLY BOUT OF SHORT COVERING TO PROPEL NIFTY FUTURES  TOWARDS 5095 OR EVEN 5100 LEVELS AS IT WILL TRIGGER THE BREACH OF THE RECTANGULAR FLAT CHANNEL FORMED BY THE TIGHT RANGE BOUND MOVEMENT OF NIFTY FUTURES ON  FRIDAY & MONDAY. SO BE BOLD IN ADDING LONGS IN CASE OF A SURPRISE MARKET FRIENDLY RATE CUT  IS ANNOUNCED BY THE RBI GOVERNOR & BE RUTHLESS IN SHORTING  THE MARKETS OUT OF SHAPE IN CASE OF  AN AS USUAL  NO RATE CUT & STATUS QUO IS  MAINTAINED BY THE RBI.

 

 

 MARKETS FOR 23 JAN 2012 NIFTY AS PER PREDICTIONS CLOSED THE WEEK ON A TRIUMPHANT NOTE & MADE IT THE THIRD CONSECUTIVE WEEKLY RISE.  WITH THIS WEEK’S CLOSING AT 5048,  NIFTY HAD A RISE OF MORE THAN 3.7% COMPARED TO LAST WEEK’S CLOSING OF 4866. THIS TYPE OF RISE ALSO IS  ACHIEVING THE AIM OF  GRADUALLY FADING AWAY OF THE CONCEPT OF DEAD CAT BOUNCE AND ONCE SPOT NIFTY CLOSES  ABOVE THE PREVIOUS SWING HIGH OF 5100, ALMOST 50% OF THE CONCEPT OF DEAD CAT BOUNCE WILL FADE AWAY AND FURTHER RISE TO CLOSE ABOVE THE MAJOR RESISTANCE LINE AROUND 5300   WILL ALMOST MAKE SURE THAT THE PRESENT UP MOVE WAS NOT A  DEAD CAT BOUNCE AND A CLOSE ABOVE THE 50% RETRACEMENT LEVEL OF 5434 WILL CONFIRM THAT THE 20 DECEMBER 2011 LOW OF 4531 WAS THE BEAR MARKET LOWS AND THE  RISE FROM THE LOWS OF 4531 IS A FRESH BULL MARKET UP MOVE THAT MAY EVEN BREACH THE  NOV 2010 DIWALI HIGH OF 6338 BY HUGE MARGIN AS PART OF A ROARING BULL MARKET TOWARDS 8000+ NIFTY LEVELS BY END OF 2013.

 

WELL, NIFTY ON FRIDAY MADE A HIGH OF 5064  & HAS JUST MANAGED TO REACH VERY NEAR TO THE CRITICAL 61.8% FIBO LEVELS OF 5068 COUNTED FROM 2011 NOV  DIWALI HIGH OF 5400 TILL 20 DECEMBER LOW OF 4531. THE PREVIOUS MILD SWING HIGH ALSO STANDS LIKE CHINA WALL NEAR 5100 LEVELS FROM   WHERE NIFTY FELL  TO THE NEW LOW OF 4531. SO, ONE HAS TO AGAIN WATCH THE RBI ANNOUNCEMENT ON 24TH JAN AT  SIMILAR LEVELS OF NIFTY AROUND 5100  WHETHER TO PULL NIFTY ABOVE THE LEVEL OF 5100 FROM WHERE IT HAD PULLED IT DOWN FROM 7TH DECEMBER. ALSO AROUND THE CRITICAL LEVEL OF 5100 REMAINS THE CONFLUENCE OF VARIOUS RESISTANCES WITH THE PRESENT UP CHANNEL HIGH AROUND 5088 TO 5100 AS WELL AS THE 200 DAY EMA CAMPING AROUND 5035 AS CAN BE SEEN IN THE DAILY CHART ABOVE.

 

THE RESISTANCE LINE COMING FROM 26TH JULY HIGHS OF 5702 THROUGH 4TH NOV 2011 DIWALI HIGH OF 5400 ALSO MEETS NIFTY AROUND 5105 TO 5115. SO, THERE IS A NEED  FOR A SOLID MARKET FRIENDLY ANNOUNCEMENT FROM RBI ON 24TH JAN TO  SEE NIFTY BREACHING ALL THESE CONFLUENCE OF RESISTANCES BETWEEN 5085 TILL 5135  TO  SIGNAL FRESH MOMENTUM FOR INDIAN MARKETS OR ELSE ON MAY BE ABSOLUTELY SURE TO SEE NIFTY  SLIDING AGAIN FROM AROUND THE 20  DECEMBER HIGHS OF 5100 AFTER MAKING A DEVASTATING DOUBLE HEAD THERE, FOR THE MORE DEVASTATING LEG OF THE DOWN SWING AFTER MAKING THE 3, 3, 5  FLAT WITH HIGHS AROUND 5100 &  2B LOWS AROUND 4720 & 4531. SO, NOT WITHSTANDING THE BULLISH OUTLOOK PRESENTED IN PARA 1 ABOVE, NIFTY LOOKS HIGHLY VULNERABLE AROUND THE LEVEL OF 5100  &  MAY  RESUME THE DOWN SWING FROM AROUND THIS FRIDAY 20 JAN HIGHS OF 5064  TILL  5135 LEVELS POSSIBLY AFTER THE RBI ANNOUNCEMENTS OR AFTER THE EXPIRY ON 25TH JAN, IF THIS TIME RBI ANNOUNCEMENTS ARE AS  DEPRESSING AS ALL THE EARLIER CASES .

 

AS REGARDS MOST OF THE ASIAN & REST OF THE WORLD MARKETS ARE CONCERNED, MOST OF THESE ARE LOOKING HIGHLY BULLISH AS PER THEIR WEEKLY & MONTHLY CHARTS. WELL, IF THESE MARKETS SHOW CONTINUATION  OF THE UP MOVE, THEN INDIAN MARKETS MOST LIKELY WILL INCH UP HIGHER & IT WILL AGAIN BE THE RBI ANNOUNCEMENT ONLY, WHICH HAS DEPRESSED INDIAN MARKETS & IN ALMOST ALL CASES HAS TRIGGERED THE DOWN SWINGS, AGAIN  WILL PLAY ITS DEPRESSING ROLE TO RUIN INDIAN MARKETS  TO PERMANENTLY ASSIGN INDIAN MARKETS AS THE WORST PERFORMING MARKET IN THE WORLD. WELL, IF REST OF THE WORLD MARKETS START THEIR PAUSE OR DOWN SWING THEN RBI BY A SURPRISE MARKET FRIENDLY & FAVORABLE ANNOUNCEMENT MAY BECOME THE TEMPORARY SAVIOR OF INDIAN MARKETS AGAINST THE ADVERSE INFLUENCE OF REST OF THE WORLD MARKETS.

 

TECHNICALLY SPEAKING, SOME OF THE  INDICATORS IN THE DAILY CHARTS ALTHOUGH LOOK OVER BOUGHT, YET THESE HAVE NOT YET DELIVERED SELL SIGNALS. SOME CRITICAL DAILY INDICATORS LIKE MACD  HAVE GENERATED STRONG BUY SIGNALS AGAINST THE DECEPTIVE OVERBOUGHT  SIGNALS FROM DAILY STOCH & RSI.  CONTRARY TO THE MIXED SIGNALS FROM THE DAILY INDICATORS,  THE WEEKLY INDICATORS HAVE GENERATED ROBUST BUY SIGNALS THIS WEEK.  NIFTY’S WEEKLY CLOSING AT 5048 ABOVE THE 20 WEEK MOVING AVERAGE AROUND 4950 IS THE INITIAL SIGNAL FOR BULLISHNESS AFTER NIFTY DECISIVELY CROSSED & CLOSED ABOVE BOTH THE 20 & 50 DMAS AROUND 4825  LAST WEEK. EVEN MONTHLY INDICATORS SO FAR  HAVE STARTED TO GENERATE PAUSE SIGNALS TO THE DOWN SWING AFTER 13 MONTHS OF FALLS  AFTER 2010 DEWALI HIGH OF 6338. A  GOOD CLOSE BY END JANUARY WILL STRENGTHEN THE INITIAL TURN AROUND SIGNALS OF THE MONTHLY INDICATORS.

 

SO, THE COMING TRUNCATED WEEK WITH HOLIDAY ON THURSDAY & EXPIRY ON WEDNESDAY & BALANCE OF SIX TRADING DAYS OF JANUARY MONTH WILL DECIDE THE FATE OF INDIAN MARKETS TO DEPICT WHETHER THE PRESENT UP MOVE FROM 20 DEC LOW OF 4531 WAS A DEAD CAT BOUNCE TO FIZZLE OUT BEFORE CONQUERING THE CRITICAL 50 POINT ZONE BETWEEN 5085 TO 5135 OR THE  PRESENT UP MOVE WAS  PART OF A MUCH BIGGER BULLISH UP MOVE TOWARDS NEW LIFE TIME HIGHS. WELL, THE PRESENT UP MOVE IN INDIAN  & REST OF THE WORLD MARKETS PURELY ON TECHNICALS LOOK FOR MUCH HIGHER LEVELS WITH INTERMITTENT PAUSES & RETRACEMENTS . EVEN  ALL THE ODDS OF INTERNAL ECONOMIC STRUGGLE COUPLED WITH PLANTED STORY ON EUROPEAN CRISES RAISING ITS HEAD AT REGULAR INTERVALS TO REGULATE THE WORD MARKETS MAY NOT PLAY ANY BIG ROLE IN PREVENTING THE POSSIBILITY OF GRADUAL UP MOVE IN INDIAN & REST OF THE WORLD MARKETS TOWARDS MUCH HIGHER LEVELS.

 

MOST LIKELY INDIAN MARKETS WILL TAKE A PAUSE AFTER THE INITIAL RISE ON MONDAY  & RBI’S LIKELY LOWERING OF 25 BASIS POINT IS ALREADY IN THE PRICE. WITH CONFLUENCE OF RESISTANCES BETWEEN THE 50 POINT CRITICAL ZONE OF 5085 TO 5135  CAN ONLY BE BREACHED DECISIVELY BY THE RBI MEGA PUSH WHICH AS OF NOW LOOKS NOTHING MORE THAN  A 25 BASIS POINT CUT. WELL, IF NIFTY MANAGES TO SHOOT PAST THIS CRITICAL ZONE OF 5085 TO 5135 TO CLOSE ABOVE THIS ZONE  ANY TIME DURING THIS MONTH OR NEXT MONTH,  THEN ONE MAY  JUMP INTO BUYING MODE FOR MUCH HIGHER LEVELS. HOWEVER WITHOUT CLOSING ABOVE THE 200 DAY EMA AROUND 5135 LEVELS IF NIFTY FALLS & CLOSES BELOW THE LIKELY JUNCTION POINT OF  20 & 50 DMAS AROUND 4825 THEN ONE MAY FORGET ANY FURTHER UP MOVE AND THERE COULD BE THE CERTAIN RESUMPTION OF THE DOWN SWING TOWARDS NEW LOWS BELOW  20 DECEMBER LOWS OF 4531. NIFTY AS CAN BE SEEN IN THE CHART ABOVE  HAS ALREADY MADE FOUR GAPS  AND THE  5TH  GAP IF COMES  ON MONDAY MAY BE AN EXHAUSTION GAP FOR A PAUSE TO EITHER FALL BADLY AFTER THE RBI ANNOUNCEMENT ON TUESDAY OR  IT WILL BE ANOTHER ROARING UP MOVE TOWARDS 5200 NIFTY LEVELS BY END JANUARY.

 

FOR MONDAY’S TRADING PURPOSE, THE INITIAL MINUTES WILL DEPEND ON THE BEHAVIOR OF ASIAN MARKETS WHICH ARE LIKELY TO TAKE A PAUSE EVEN THOUGH US MARKETS CLOSED HIGHLY POSITIVE ON FRIDAY. HOWEVER IN CASE ASIAN MARKETS CONTINUE TO REMAIN BUOYANT THEN HIGHLY OPERATOR INFECTED SGX NIFTY MAY GET CRIPPLED TO ADVERSELY INFLUENCE INDIAN MARKETS AND THE LAST HALF HOUR SHARP SPURT GENERATED ON FRIDAY FROM DAYS LOW OF 5004 TO THE DAY HIGH OF 5064 IN A SPAN OF JUST 30 ENDING MINUTES MAY NOT ACT AS A BULL TRAP FOR ALL THOSE WHO CARRIED LONGS & MAY INSTEAD HELP THEM TO MAKE MORE GAINS ON MONDAY MORNING.

 

FOR  INTRADAY TRADING PURPOSE, SPOT NIFTY FINDS INITIAL RESISTANCE AROUND  FRIDAYS HIGHS OF 5064 WHICH MAY VANISH IN NO TIME THROUGH A GAP UP OPEN OF NIFTY ABOVE IT IN CASE ASIAN MARKETS & SGX NIFTY ARE NOT REGULATED IN A NEGATIVE FASHION. SUSTAINING ABOVE 5065 MAY SEE ANOTHER BOUT OF SHORT COVERING BY THE SHORT POSITION HOLDERS WHO CARRIED SHORT POSITIONS  FROM FRIDAYS SHARP LAST 30 MINUTE SPURT THINKING THAT IT WAS A WELL ORGANIZED BULL TRAP FOR MONDAY MORNING. THIS SHORT COVERING BY THE BEARS MAY LIFT NIFTY TOWARDS 5100 OR JUST NEARER TO IT OR ABOVE IT THAT MAY SEE BULLS BOOKING WHATEVER PROFIT THEY CAN MUSTER  AS NOBODY WOULD LIKE TO BUY AND HOLD NEARER TO EARLIER SWING HIGHS OF 5100 WHEN THERE IS A CONFLUENCE OF AROUND FIVE IMPORTANT RESISTANCE PARAMETERS BETWEEN 5088 TILL 5135.

 

INABILITY OF NIFTY TO APPROACH EVEN 5100 WILL SEE BEARS CURSING THEMSELVES AS TO WHY THEY HAD TO COVER THEIR OVERNIGHT SHORTS SO EARLY IN THE DAY  AND BEARS IN FACT MAY RESUME FRESH SHORTING  BY HAVING A WIDER STOP LOSS ABOVE THE RESISTANCE ZONE OUT SIDE OF  5135 TOWARDS 5150 AND CARRY THE SHORTS WITH THE RISK OF RBI ANNOUNCEMENT ON 24TH & EXPIRY ON 25TH.  NIFTY SPOT FINDS INITIAL SUPPORT AROUND 5030 FOLLOWED BY 5015 & 5005 TO 4990 BELOW WHICH EVERY TAXI DRIVER & PAANWALA  CAN BE HEARD DISCUSSING THAT THE DEAD CAT BOUNCE IS OVER. HARD CORE TRADERS MUST KEEP IN MIND THAT IT IS NOTHING UNCOMMON TO SEE NIFTY FALLING BELOW 5000 TO 4990 TO BE ATTRACTED BY THE THURSDAYS OPENING GAP  TO FALL TILL 4950 TO MEET THE SUPPORT LINE AROUND THIS LEVEL DURING THE WEEK.  MONDAY’S TRADING PATTERN MAY TRY TO TEST THE POWER OF BOTH THE BULLS & THE BEARS  WHO DARE NOT TAKE A CHANCE WITH THE RBI GOVERNORS LIKELY BENIGN ANNOUNCEMENTS AFTER RIL AS USUALLY HAS CONFUSED BOTH THE  BULLS & THE BEARS  AFTER ITS RESULTS ON FRIDAY AFTER THE MARKET HOURS.

 

 

 

ASTROLOGICAL INDICATIONS      PURELY BASED ON ASTROLOGICAL POINT OF VIEW, THE PRESENT LUNAR CYCLE ENDS ON MONDAY 23RD JANUARY WITH THE NEW MOON FALLING IN CAPRICORN SIGN WITH THE CHINESE NEW YEAR FALLING ON THE SAME DAY WITH THE ANIMAL SYMBOL OF DRAGON FOR THE YEAR 2012.. DUE TO THIS AFFECT, THE MARKETS MAY SHOW FURTHER BULLISH MOMENTUM  THAT MAY ENCOURAGE SHORT TERM INVESTORS TO BUY THE DECLINES FOR VERY GOOD GAINS DURING THE YEAR 2012. AS PER NUMEROLOGY ALSO, THE YEAR 2012  TOTALING TO SINGLE DIGIT  5  RESEMBLES  SIMILAR SIGNIFICANCE TO THE YEAR 2003 THAT HAD STARTED THE LAST BULL MARKET FROM 2003 TILL JAN 2008. THE RISE OF INDIAN MARKETS FROM FIRST TRADING DAY OF JANUARY MONTH OF 2012 SIGNIFIES THAT THE YEAR AS A WHOLE IS LIKELY TO BE SIMILAR TO 2003 & THUS ONE MAY ASSUME THAT THE PRESENT  MOVE MAY CONTINUE  AS A MEGA BULL MARKET UP MOVE TOWARDS NEW LIFE TIME HIGHS.

 

HOWEVER, JUPITER, THE PLANET IN CHARGE OF FINANCE & STOCK MARKETS  IS PRESENTLY TRANSITING IN ARIES TILL MID MAY, TO BE FOLLOWED BY ITS TRANSIT IN TAURUS SIGN DURING THE 2ND HALF OF THE YEAR. THIS 12 YEAR CYCLIC TRANSIT OF   JUPITER IN ARIES & TAURUS IS DEADLY AGAINST THE STOCK MARKET RISE  AS WAS DURING ITS TRANSITS DURING THE EARLIER BEAR MARKETS OF 1928- 1929, 1986-87, 2000-2001 WHEN JUPITER TRANSITED THE SAME SIGNS OF ARIES & TAURUS DURING MOST PART OF THESE BEAR MARKETS. ALTHOUGH THERE WILL BE MANY OTHER COUNTER ACTING INFLUENCES  OF OTHER PLANETS ON JUPITER,  YET ONE SHOULD NOT FORGET THE HISTORY OF PREVIOUS BEAR MARKET CYCLES RELATED TO JUPITER TRANSITS OF CONSECUTIVE FAIRY & EARTHY SIGNS .

 

 

 

 

BIGGEST MISTAKES BY TRADERS  

MOST OF THE LOSSES OF TRADERS COMES THROUGH CARRY OVER OF POSITIONS & OVER LEVERAGING. TWO OF THE BIGGEST MISTAKES  MOST TRADERS GENERALLY COMMIT ARE:--FIRSTLY,  THEY DO NOT FOLLOW THE TREND,  HAVING AN  EVER LASTING TENDENCY OF  ALWAYS TRADING AGAINST THE EXISTING TREND WHETHER INTRADAY OR DAILY OR WEEKLY. SECONDLY, NOT HOLDING ON TO THEIR GAINS THINKING THAT GAINS WILL GO AWAY THUS QUITTING EARLY FROM  LIKELY GREAT GAINS AND AT THE SAME TIME BOLDLY HOLDING ON TO THEIR LOSS MAKING TRADES FOR DAYS, WEEKS & MONTHS TOGETHER THINKING THAT LOSS WILL BE REDUCED OR  WILL TURN OUT TO BE A GAIN IN A FEW DAYS WHICH ACTUALLY NEVER COMES AND   THE LOSS GRADUALLY BECOMES SO BIG THAT ENTIRE CAPITAL IS WIPED OUT OR ONE IS FORCED TO QUIT AT A MUCH BIGGER LOSS & INTERESTINGLY PRICE TURNS JUST AFTER QUITTING. WITH THIS WRONG TRADING HABIT, 5 TIMES OF GAINS ARE WIPED OFF BY A SINGLE LOSS. SO, IF ONE WANTS TO  BE A SUCCESSFUL TRADER, THEN THESE TWO WRONG TRADING HABITS MUST BE RECTIFIED BY    FIRSTLY TRADING IN THE DIRECTION OF THE EXISTING TREND, SECONDLY  DEVELOPING  A HABIT OF QUITTING LOSSES EARLY  AND HOLDING  ON TO THE  GAINS BY MENTALLY SHIFTING  MUST QUIT POINTS IN THE DIRECTION OF GAIN. LAST BUT NOT THE LEAST, IF YOU ARE AN INTRADAY TRADER THEN PLEASE AVOID CARRY OVER OF UN-HEDGED F&O POSITIONS .

LIVE & ENJOY LIFE  EVERYDAY AS  IF TODAY IS YOUR LAST DAY. SIMILARLY TRADE EVERYDAY AS IF EACH TRADE IS GOING TO BE YOUR LAST TRADE,  A  FAILURE MAY EAT UP YOUR CAPITAL TO DENY YOU ANOTHER TRADE.

 

 

 

STOCK FUTURES & OPTIONS TRADING FOR SUBSCRIBERS ONLY AS PRE MARKET MESSAGE &  DURING TRADING HOURS 


INTRADAY TRADING LEVELS FOR NIFTY FUTRS  25 JAN 2012  (NIFTY FUTURES FOR SUBSCRIBERS ONLY AS PRE MARKET MESSAGE OR DURING TRADING HOURS)


(FOR SUBSCRIBERS BY SMS OR YM) FOR INTRADAY TRADING, NIFTY FUTURE HAS INITIAL RESISTANCE AROUND TO LEVELS. BREACH OF  CAN TAKE NIFTY TOWARDS BREACH OF WHICH CAN TAKE NIFTY UP TO NEXT IMPORTANT INTRADAY RESISTANCE AT . BREACH OF CAN TAKE NIFTY UP TO CRITICAL RESISTANCE AT   WHERE IT SHOULD FIND SOME PROFIT BOOKING BY THE LONG POSITION HOLDERS. ABOVE NIFTY CAN MOVE UP TO  THAT WILL GENERATE MERCILESS BULL LIQUIDATION & RUTHLESS BEAR HAMMERING. ON THE LOWER SIDE NIFTY FINDS INITIAL INTRADAY SUPPORT  AROUND TO. BREACH OF CAN TAKE NIFTY TO CRITICAL SUPPORT AT TO LEVELS BELOW WHICH NIFTY BECOMES WEAK TO RETEST OR LOWER LEVELS . INABILITY TO SUSTAIN ABOVE WILL SCARE THE BULLS THAT MAY START THE BULL SELL OFF & RUTHLESS SHORTING BY BEARS THAT CAN SLIDE NIFTY NEARER TO LEVELS.

CLOSING LEVELS FOR SPOT NIFTY  25 JAN  ()       CLOSING SUPT         CLOSING RES  

STOCK FUTURES FOR  JANUARY  2012      ( 10 TRADING JEWELS FOR  JAN  2012) FOR SWING TRADING SUBSCRIBERS

 

 BULLISH / BEARISH  CASH & FUTURES FOR 25 JAN 2012  :- -  FOR SUBSCRIBERS

(BUY  IN BULLISH MARKET CONDITIONS ONLY& SHORT IN BEAR MARKET CONDITIONS INTRADAY) 

  (SHORTING & COVERING SHORTS, BUYING & BOOKING PROFIT  POINTS FOR STOCK FUTURES AND NIFTY FUTURES  ARE FOR SUBSCRIBERS ONLY  TO BE SENT DIRECTLY TO THEM AS PER INTRADAY CHARTS DURING MARKET HOURS. )

 1 TO 10.  FOR SUBSCRIBERS ONLY

OPTION TRADING

TRADING ADVICE FOR SMALL CAPITAL TRADERS     ( RS.15,000 TO 20,000)(ONLY FOR SUBSCRIBERS  BY  SMS & YAHOO MESSENGER) AS & WHEN TRADING OPPORTUNITY COMES DURING THE DAY FOR THE UNDER MENTIONED ACTIVE OPTIONS 

 

DATA  GIVEN BELOW ARE NOT UPDATED

1. TISCO 380 CALL                    BUY AT--SELL AT--

2.TISCO 360 PUT                        BUY AT----SELL AT--

3. ITC 200 CALL & PUT             BUY AT-- SELL AT

4.RIL  700 CALL                         BUY AT- SELL AT-

5.RIL  700 PUT                            BUY AT-SELL AT-

6.CAIRN 320 CALL&PUT         BUY AT -SELL AT-

7. NIFTY  FUTR                             BUY AT--SELL AT--

8. NIFTY 4800 CALL                   BUY - AT- SELL AT-

9.NIFTY  4700 CALL                   BUY-AT--SELL AT--

10.NIFTY 4800 PUT                    BUY AT-- BUY AT

11.NIFTY 4700 PUT                    BUY AT  SELL AT

IMPORTANT POINTS FOR OPTION TRADERS

 

AS OPTION TRADER REMEMBER CERTAIN GOLDEN RULES FOR OPTION TRADING

  

 1. DONT HOLD AND SIT TIGHT WITH YOUR OPTION. TRADE EVERY DAY. SAY, YOU HAVE BOUGHT A PUT  OPTION AT 100, LETS SAY IT HAS COME TO 90, YOU DONT HAVE TO WAIT FOR IT  TO GO ABOVE 100 TO BOOK PROFIT,  YOU SELL YOUR OPTION  ON MARKETS INTRADAY FALL AND THEN  YOU BUY BACK  THE OPTION  ON MARKET RISE AND POCKET THE DIFFERENCE OF AT LEAST 10 TO 15. AS FAR AS POSSIBLE AVOID CARRYING OVER OF OPTIONS UNLESS YOU ARE SURE OF THE MARKETS NEXT DAY. IF YOU BOUGHT A CALL OR A PUT AT START OF THE MONTH AT 150, YOU WILL FIND ITS VALUE AT 75 OR LESS BY MIDDLE OF THE MONTH SO IF YOU HAVE NOT TRADED DAILY , HALF OF THE VALUE IS LOST BY MID MONTH.

     

2.WHETHER MARKET GOES UP OR DOWN OR FLAT, OPTION VALUE WILL REDUCE BY AT LEAST 5 POINTS EVERY DAY, SO TRADING DAILY  AT LEAST GIVES YOU BACK  THE DAILY 5 POINT AUTOMATIC LOSS DUE TO TIME DECAY. SO WRITING OPTIONS (SELLING FRESH A CALL INSTEAD OF BUYING A PUT AFTER  MARKET RISE OR SELLING FRESH A PUT  INSTEAD OF BUYING A CALL AFTER MARKET FALLS )  HAVE A MUCH BETTER CHANCE OF GAIN  THAN BUYING OPTIONS.

      

 3. IF YOUR OPTION VALUE GOES DOWN BY 25% , BOLDLY QUIT THE OPTION. THIS WILL PROTECT YOU FROM SEEING ZERO VALUE FOR YOUR OPTION. THE HABIT OF HOLDING ON TO THE OPTION THINKING THAT IT MAY GAIN AFTER SOME DAYS MAY GIVE YOU ONLY 1 SUCCESS OUT OF 10 ATTEMPTS SO BE BOLD TO QUIT EARLY. (THIS IS THE MOST IMPORTANT POINT IN OPTION TRADING, PEOPLE GENERALLY BOOK BIG LOSS IN OPTIONS WHEN THIS GOLDEN POINT IS NEGLECTED.)

      

 4. DO NOT EXHAUST ALL YOUR MONEY IN BUYING OPTIONS. ONLY TRADE IN 60% OF MONEY AND ALWAYS HAVE 40% RESERVE FOR OPPORTUNISTIC TRADES.

      

 5. THOUGH AVERAGING OF OPTIONS LOOKS VERY ATTRACTIVE, IT IS LIKE SLOW POISON. AVOID AVERAGING AS FAR AS POSSIBLE.  ADJUST YOUR MIND TO DO REVERSE TRADE,  MEANING  IN CASE OF HOLDING  5000 PUT, SELL A LOWER OPTION SAY 4800 PUT IN CASE OF FALL IN MARKETS & RISE IN PUT VALUE, OR IN CASE HOLDING  5000 CALL, THEN ON MARKET RISE WHEN CALL VALUE RISES SELL HIGHER CALL OF 5200 OR IF HOLDING A PUT, BOLDLY BUY A CALL AGAINST  THE  OBJECTION OF YOUR   MIND.

 

 6. THE ABOVE OPTION RULES ARE TIME TESTED  AND MOSTLY FOUND TO BE CORRECT. ALTHOUGH MOST OF THE TIME  YOUR ANALYST  WILL GUIDE YOU WHEN TO BUY OR SELL BUT  YOU ON YOUR OWN ALSO BE  RIGID ON THE ABOVE  5  GOLDEN RULES FOR OPTIONS. YOU MAY FAIL ONCE  BUT 9 OUT OF 10 TIMES YOU  WILL NOT REGRET.

 

7.THE MOST IMPORTANT THING TO BE KEPT IN MIND IS THAT YOU MUST HAVE YOUR OWN MENTAL MUST QUIT LEVELS SAY ABOUT 5 OR 10 POINTS TO AVOID BIGGER LOSS IN CASE THE COMMUNICATION FROM ADVISERS SIDE FAIL DUE TO UNFORESEEN CIRCUMSTANCES.

 

8.IN CASE YOU ARE HOLDING AN OPTION   WITHOUT STOP LOSS  OR HEDGING & IT GOES BADLY AGAINST YOU, THEN  DO NOT PANIC, AROUND THE END OF THE 3RD WEEK OF THE MONTH QUIT THE OPTION AND BUY THE SAME OPTION OF NEXT MONTH AND AFTER THE MARKET HAVING GONE IN ONE DIRECTION, IT WILL RETRACE  SOME AMOUNT TO HELP YOU TO GAIN IN THE NEXT MONTHS OPTION AS THE CURRENT MONTH OPTION WOULD BECOME ZERO IF HELD AGAINST THE CURRENT TREND.

 

9. THE MOST IMPORTANT POINT TO REMEMBER IN OPTION TRADING IS, IN CASE YOU HAVE BOUGHT A CALL AND IT HAS GONE AGAINST YOU, THEN WHILE AVERAGING BY BUYING ANOTHER CALL AT A LOWER PRICE, NEVER HESITATE TO BUY A PUT ALSO . MEANING EVERY TIME YOU AVERAGE YOUR ORIGINAL OPTION, AT EACH TIME BUY AN OPPOSITE OPTION ALSO. SO EVERY TIME YOU AVERAGE THE ORIGINAL CALL, AT EACH TIME BUY A PUT ALSO ALONG WITH THE CALL . THIS PUT  INVARIABLY WILL BE YOUR PROTECTOR AS THE AVERAGED CALL WILL INVARIABLY BECOME ZERO. REMEMBER THIS GOLDEN RULE.

 

Advice for Stocks, Futures& Options (Intra day) Stop Loss not to be fed but must be kept in mind to quit the position ( DATA GIVEN BELOW  ARE SAMPLES & NOT THE ONLY FUTURES & OPTIONS TO TRADE  & MAY NOT BE SUITABLE AFTER MARKET OPENS. SO  TRADE  ONLY ON PRICES SENT THROUGH  MOBILE SMS / Y.  MSNGR DURING MARKET HOURS)

Buying Trade:- FOR SUBSCRIBERS--SMS/ Y MESSENGER DURING TRADING HOURS

 

SL.

        Name

Buy at

Stop loss

   Target

    Remarks

   1

Nifty Futr

Subscribers

 

 

 

 

 Buying Point For Subscribers Only

   2

Tata Steel Futr

subscriber

 

 

 

 

    DO

   3

Nifty 5400 Call

--do--

 

 

 

 

   DO

   4

HDIL Futr

--do--

 

 

 

 

    DO

   5

Bank Nifty Futr

--do--

 

 

 

 

    DO

 

SHORTING TRADE

 

SL.

        Name

Sell at

Stop loss

   Target

    Remarks

   1

NIFTY Futr

 

 

 

 

 

Also Short boldly if spot NSE  cross -- level(level for subscribers only)

   2

Tata Steel Futr

 

 

 

 

 

 Subscribers only

   3

Rel Capital Futr

 

 

 

 

 

 Subscribers only

   4

HDIL Futr

 

 

 

 

 

 Subscribers only

   5

Bank Nifty Futr

 

 

 

 

 

 Subscribers only

 

  BUYING --                                                                                                   :RATE ONLY FOR

  SELLING --                                                                                                   SUBSCRIBERS

 

 

 

SERVICES  PROVIDED (MOST OF OUR ADVICE IS FOR INTRADAY TRADING IN FUTURE & OPTIONS)

 

 (WE MONITOR EACH TRADING CALL, FOLLOW IT UP ,CHANGE TARGET OR SL OR ADVISE REVERSE TRADE)


  1.NIFTY & STOCK FUTURES & OPTIONS INTRA DAY TRADING (Through Yahoo messenger  and  Mobile SMS during trading hours ) 

 

  2.Intraday trading advice:- EQUITY CASH -- BUY & SHORT SELL INTRADAY & BTST,STBT ( during trading hours)


   3.Stock Investment advice for short, medium and long term.

 

   4.Swing Trading Advice.

 

   5.1 to 1  Tele chat regarding trade & held position (RATES DIFFERENT)

 

   6.Trade As Per  Your  HOROSCOPE  Indications (Date, time & place of birth required)

 

  7. DAILY, WEEKLY & PRE MARKET NEWSLETTER

 

(EXCEPT FOR A  PRE MARKET GENERAL INFORMATION ON INDEX RANGE, SUPPORT & RESISTANCE AT 8.30AM DAILY, ALL OTHER TRADING TIPS ARE SENT DURING MARKET HOURS ONLY)

 


OUR SUBSCRIPTION RATES

(From Calendar Date to Calendar Date from 1st October 2010)

 

(Please add Rs.100/- per month   if tips by sms And + Rs.169/- for cash deposit in ICICI  or Rs.110/- for cash deposited in  HDFC Bank  respectively

 

Services

Monthly

(Rs.)

3 / 6months

(Rs.)

SMS On Mobile +Yahoo Messenger 

1.Futures, Options& cash(2each of     nifty futr, options & stock futr, options & cash)  

 

 

 

 

2.Only Nifty Futr&Options(2NiftyFutr+2 nifty option.Intraday Trades  as per graph,Sure shot if no carry forward)

 

 

 

 

 

 

3.For Options Only (Both Nifty & active stock options)

 

 

 

 

 

4.Guaranteed

 A. (Both stock & nifty futr & option,subscription refunded in cas no gain) Only 2 high margine stock Futrs,2 nifty futr & 2 Options Tips in a Day.Traders with At least 3 To 5 Lakh Capital Only To Enter This Scheme

 

 

  B. GUARANTEED  WITH 1 STOCK FUTR, 1 NIFTY FUTR AND 1 OPTION TIP DAILY

 

 

 5.Profit Sharing (Only Guaranteed Nifty Trade of Minimum 5 lots trading in small batches of 2,3 & 5 lots at a time + STOCK FUTRS of 1 lot at a time

 

 

 

6.GUARANTEED ASTRO(as per individual horoscope we  will make)

 

 

7.ONE TRADE SURE TRADE Intraday – As per your choice of stock futr or nifty futr or any option

 

 

 

 

 

 

 

1. 2500

 

 

 

 

 

2. 2000

 

 

 

 3.1500

 

 

 

 

 

 

 

 4A.10000

 

 

 

 

 

 

4B. 4000

(Please add Rs.100/-for Tips by mobile sms to all 5 above)

 

 

 

 

 

 

5. 2000

(entry fee)

20% OF TOTAL DAILY PROFIT TO BE TRANSFERRED SAME NIGHT

 

 

6. 7000 PM

 

 

7. 3000 PM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.  6500(12000 for 6 months)

 

 

 

 

 

 

 

2.    5000(9000For 6 months)

 

 

 

 

 

 

 

3.   4000(7500 for 6 months)

 

 

 

 

 

 

 

4A.   25000(3 MONTHS)

 

 

 

 

 

4B. 10000(3 MONTHS)

(Please add Rs.300/-for Tips by mobile sms to all above)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Only 1 option call  out of 4 to 6 daily trading  future & option calls with only 
 about Rs.20000/-investment with your broker can give you a regular daily income. Just try & see for yourself) 
 

TRIAL :-THERE IS NO FREE TRIAL

BANKING DETAILS

NAME:-  Pradipta  Kumar  Patnaik

HDFC BANK A/C NO. 00421330005405    (SECUNDERABAD BRANCH)IFSC CODE-HDFC0000042
ICICI BANK A/CT NO. 630801532020   ( SECUNDERABAD BRANCH ) IFSC CODE-ICIC0006308

(Online Transfer or Cheque/Cash deposit, Demand Draft Or Money Order)

(For Cash Deposit, FOR ICICI Bank add Rs.169/- & FOR HDFC  bank  add RS.110/- as  banks service charge) 

 Send:-- NAME, MOBILE NUMBER, YAHOO ID, PACKAGE PAID FOR & BANK, BY E-mail (MUST) after your payments to get trading Calls)

Mobile No--09391023729

&    09603641122

Land Line:040-40146657

                                                                                                                       040-27796285

E-mail:-     pikpot@yahoo.co.in

Yahoo id:--  pikpot

 

Disclaimer: This newsletter is an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. The information provided herein is not to be construed as an offer to buy or sell securities and derivatives of any kind. Traders should incorporate their own safety mechanism and stop loss in trading in order to avoid loss.  

 

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