Follow the levels!!!!!!!!!!!!!!!!!!!!!!!

Previous Day:

As I was written in yesterday Heading choppy market, It was a somewhat choppy day of trade for the Indian market which gave a closing in the green but after having given up most of its opening gains. The Nifty, however, managed to close above the 5400 mark. Global cues were quiet-to-positive but we witnessed volatility amid a sell-off in infrastructure and IT and news of Direct Tax Code being tabled in the Parliament. Sensex closed at 18032, up 33 points and Nifty closed at 5415, up 6 points from the previous close.The market breadth closed negative with advances at 530 against declines of 747 on the NSE.

Today trading session:
Nothing change in Nifty levels, Levels are same as i yesterday mentioned, In the next session, NIFTY may trade in the range 5390-5461. Traders are suggested to follow the strategy of selling at rise. Below 5390 NIFTY may attract more selling pressure.
METALS and POWER STOCKS may appear strong while REALESTATE and BANKING may face selling at rise.

No chart for today.
Live call will provide on me messenger.

Previous day call:
Apetch has made low 142.35 , 3% return in single day.
Herohonda I feel below 1785 we will see free fall in it. its looking very week on chart.

Chopy Market!!!!!!!

Previous Day:
First day of new F&O series Indian market closed negative with huge selloff in last hour. MIDCAP stocks were weak and sector wise, realty, IT, FMCG and banks ended with losses. Sensex below the 18000 mark though the Nifty just about managed to hold on to the important 5400 level. Sensex shut shop at 17998, down 227 points and Nifty at 5408, down 69 points from the previous close. The market breadth was negative with advances at 299 against declines of 997 on the NSE.

Next Day Trading Session:
IF nifty sustained below 5390 it may test 5290. 5460 may act as a strong resistance level. Traders are suggested to sell at every high as long as NIFTY is trading below 5460 and SENSEX is trading below 18265. REAL ESTATE, METALS and AUTO may face selling pressure while FMCG may attract buying.
For today Nifty take Support 5390 - 5350 - 5290
And Nifty take Resitance aroung 5460-5490-5520
Stock for watch:
Herohonda: Stock looking week on chart one can Short around 1783- 1787 SL 1805 tgt 1725-1700 in near term.


Aptech: Looking week on chart below 147 it can touch 140-138 in 4-5 trading session.

Also watch :
Cairn looking week on chart.

Perious calls
Eicher Motor: Has given 8% return in single day.
Hdil has given good return in day.

Muted session for markets on expiry day !!!!!!!!

Was very much busy in other stuffs,People asking me to update blog on daily basis? So updating blog after a long time.
Previous Market:
The market has ended the August F&O expiry day on a positive note after a range-bound trading session. Opening higher despite flat global cues, the market had pared early morning gains and continued to trade within a fixed range. However, past noon, the market witnessed more volatility but managed to end in the green, Selling pressure over REALITY, AUTO and IT stocks drag the indices down. SENSEX closed at 18226, up 46 points and Nifty at 5477, up 15 points from the previous close. The market breadth was negative with advances at 528 against declines of 739 on the NSE.
The weekly inflation numbers for the week ended August 14 was reported to have dropped. The Primary Articles inflation came in at 14.75% versus 14.85%, on a week-on-week basis, while food inflation fell 10.05% versus 10.35% a week earlier. Food inflation slowed for a second straight week as the government maintained restrictions on the export of farm products to cool prices. Only the fuel group inflation remained unchanged at 12.57%. However, the markets failed to react to a drop in the inflation numbers.
Next Day Trading Session:
In the next session, 5450 may act as a good support level in NIFTY, below which it may test 5410. However, NIFTY is expected to trade in the range 5410-5495. Traders are suggested to follow the strategy of selling at rise as long as NIFTY is trading below 5520.
IT may attract selling pressure while CEMENT and FMCG may attract buying.

Stock for watch:
Crompton Greave Ltd :Huge vol. build up keep watch on this counter for few session as it is tradeline breakout.Buy on dips to 297 with sl 290 for tgt 325-330.

Eicher Motor Ltd:Chart showing long channel breakout with a huge vol. might show 5-8% up side move.

HDIL:Chart showing tradeline break down will get next support at 262.

Ruchi Soya Industries Ltd :Keep eye on this counter huge vol. build up buy on dips.