Thursday, May 15, 2008

nifty future 16 may- daily report

once again..every thing is going fine accoring to analyis.market did resist there for about 2 hours during the day due to mention in last day report-"but keep in mind bears stills smiling quite so volatiltily cant be ignore" and since it was mentioned-"now matches r under the bulls control" ultimaterly price wentup..now intermediatte momentam directio is upward ..and accelrating..will lead to nifty futre wekely level(chek report)now its time for postional trader to take profit home at comfort level..and let it c0me new monday..new weekly report..acording to that we will add postion acording to direction.specific stok wil perform acoring to their technical..
++++(5,122.26) intraday bulish level--------
----(5,109.74) intraday bearish level--------
chek wekely reprt for uper and lower target

nifty future 15may report

yes..market reacted at the same way as mentioned in lasd day reprt(After this 5th down wave termination or failure, we will see upside in price.)now matches r under the bulls control ..but keep in mind bears stills smiling quite so volatiltily cant be ignore.upsiding opening of NIFTY FUTURE WILL GO TO touch WUT1 5066 LEVEL IN FIRST sesion..then need to be consolidtion on 5mint scale.then have to chek posibility or truncaion of 5th upwave ..its depend upon how much time it has takne in consolidation and how much low it made.(let this part left to marekt)
++++(5,018) intraday bulish level--------
----(5,005) intraday bearish level-------
(chek weekly report of uper and lower target)

Wednesday, May 14, 2008

nifty future 14may report

yes..yesterday fall was due on card. and was mentioned on last day nifty report.on eod basis still upper channel line has not been compted complety.so still there is hope of bull but sesion will be volatile..day trader can adjust their postion both side at weekly level given.on 5mint chart exrednd 3wave coplted ..any some upside in first session willl go just to4h up wave then 5th down wave will be on card..aftere 5th wave termination or fail..upside price r weclome
++++(4,959.81) intraday bulish level--------
----(4,942.19) intraday bearish level--------(chek weekly reprt for uperside and lower side target)

Tuesday, May 13, 2008

nifty future 13 may report

nifty future on hourly chart currently trading in 4th wave after completon of 3rd down wave .still elliot oscilltor has not given bullish divergence signal..this signal will come only aftere upside price move and then some decline..for aggresive trader.proift booking at gapupis not a bad idea... can reenter on some price decline at one of given level in weely report
+++5035 intraday bullish level
---5019 intrady bearish level(chek weekly report for uper side and lowerside level)

Monday, May 12, 2008

DOWJONES -12-17 MAY

dow jones on hourly chart scale colpted 5th down wave cyle.. so there is good chance to upsdie if traded above wekly bullish level...on eod basis this upwave will lead to uper chanel line
PIVOT , LOWER TARGET AND UPER TARGET VALID ONLY FOR CURRENT WEEK ONLY ---------------------
UPWAVE(4-5) UT3 : --13,071
UPWAVE(2-3) UT2 : --12,988 (target achived)
UPWAVE(0-1) UT1: --12,854 (target achived)
UT=UPER TARGET
++++(12,770.66) PRICE IS BULLISH ABOVE WEEKLY PIVOT POINT (price trigerd)
------(12,719.34) PRICE IS BEARISH BELOW WEEKLY PIVOT POINT
LT=LOWER TARGET
DOWN WAVE(0-1) LT1 : ---12,636
DOWN WAVE(2-3) LT2 : : ---12,502
DOWN WAVE(4-5) LT3 : ---12,419

Sunday, May 11, 2008

nifty advance view

there is chances this time bull makret get truncation..on weekly scale nfity has justqulified to 4th wavve..5th down wave is stillon card..for beofre going in 5th it has to give signal on daily basiss.so any upsdite up to 5250 area is valid..then it is suspected..
++++(5,262.19) PRICE IS BULLISH AVOE MONTHLYPIVOT POINT--------
----(5,172.61) PRICE IS BEARISH monthly piviot level--

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