DATED 01-JUN-2010
I am trying to say to U all that Nifty may Break the Dax,
Sensex may break the Hangseng, Bank nifty May break the Dow Jones.
1. Nifty 5505 Dax 5990 - 485 Points Diff.
2. Sensex 16460 Hangseng 19697 - 3337 Points Diff.
3. Bank Nifty 8975 Dow Jones 10197 - 1222 Points Diff.
Watch our Forecast hitting the Targets. (June 1, 2010)
Now Today First Target (Sep 13, 2010)
Bank Nifty Now @ 11874 Trading above Dow 10462,
1412 Points above Current Level of Dow Jones. In total 2634 points above our predicted level we done on 1st June.
Now Today Second Target (Oct 4, 2010 )
Nifty Now @ 6248 Trading above Dax 6228, 20 points above the current level of Dax. We already predicted the level on 1st June 2010 when Nifty is on 5505.
SELL BELOW 5241.95 TARGET 5229-5212-5198
AND BELOW 5190.95- 5178-5164 LVLMAY CN.
BUY ABOVE 5260.05-TARGET 5274-5290-5300
NIFTY CLOSED @ 5260 CALL GIVEN @5259.05
(NO LOSS NO PROFIT)
BANKNIFTY CLOSED @ 9846 CALL GIVEN @ 9831.05
(MADE PROFIT 15 POINTS )
BUY ABOVE 5259.05 TARGET -5266-5277
AND ABOVE 5280.05 -5295-5305 MAY CN.
MORE BULL ABOVE 5317.05-5327-5338
BOOKED PROFIT IN NIFTY @ 5256 BUY CALL GIVEN @ 5247.05
( MADE PROFIT 9 POINTS )
BANKNIFTY:
BOOKED PROFIT @ 9807 BUY CALL GIVEN @ 9735.05
( MADE PROFIT 72 POINTS )
BUY NIFTY ABOVE 5247.05 TARGET 5256-5267--5277
SELL BELOW 5197.95 TARGET -5187-5177 AND BELOW
5176.95-5149 MAY CN.
WE R HOLDING NIFTY SHORT KEEP SL @ 5277.05
AND ABOVE THAT LVL BUY NIFTY TARGET 5289-5295
NIFTY MADE ALL OUR TARGET BOOKED NIFTY @5205 (72POINTS )
BUY NIFTY @ 5208 WITH SL 5176.95 TARGET 5218-5227-5242LVL
BANKNIFTY :
BOOKED FULL PROFIT @ CMP 9635 LVL SELL GIVEN
@ 9732LVL ( 97 POINTS )
BOOKED PROFIT @ 5222 LVL ( 14 POINTS )
NIFTY May Open....Around...5277 - 5261
Target 5242 - 5227 -5219 too in Today's Trade.......BUY @ Lower Level 5219 - 5223....and
Keep SL Of 5182.95 .....for Your Buying Position.........
Target 5242-5262lvl
BANKNIFTY : SELL @ CMP 9731.95
SELL BELOW 5294.95 TARGET 5281-5264LVL
BUY ABOVE 5331.05 TARGET 5346-5358-5372
OUR CALL NOT ENTERED
2DAY BUY ABOVE 5315.05 TARGET 5329-5346-5356
AND ONLY ABOVE 5368.05-5374-5387LVL CN.
SELL BELOW 5264.95 TARGET 5244-5234-5218
OUR BUY ENTERED @ 5315.05 AND NIFTY CLOSED
@ 5319.9 LVL BOOKED NIFTY BY 5 POINTS
BUY GMR IND ABOVE 130.05 TARGET 134-145-165 200+
SELL BELOW 5229.95 TARGET 5217-5209-5199
BUY ABOVE 5274.05 TARGET 5287-5299-5317
WE ENTERED LONG @ 5274.05 , MADE HIGH OF 5315 LVL
WE BOOKED PROFIT AT OUR 2ND TARGET 5299LVL
( MADE PROFIT 25 POINTS )
2DAY SELL BELOW 5228.95 TARGET 5218-5208-5194-5175
ONLY BELOW 5159.95-5149-5118 MAY CN.
BUY ABOVE 5265.05-5274-5287-5300-5326+
WE ENTERED SHORT @ 5228.95 AND WENT TIL OUR 1ST TARGET,
AND IT HITS OUR SL 5265.05 ( MADE 36 POINTS LOSS)
WE ENTERED LONG @ 5265.05 AND MADE ALL OUR TARGET ,WE
EXIT AT OUR LAST OF 5326 ( MADE PROFIT 61 POINTS )
BANK NIFTY :
BOOKED PROFIT @ 9696LVL BUY CALL GIVEN @ 9591.05
( MADE PROFIT OF 95 POINTS )
BOOK PROFIT @ 2ND TARGET 5265
BUY CALL GIVEN @ 5240.05 ( MADE PROFIT OF 25POINTS )
AND ONLY ABOVE 5269.05 -5285-5305-5332LVL MAY CN.
BANKNIFTY :
BUY CALL GIVEN @ 9507.05 AND MKT CLOSED @ 9556
BOOKED PROFIT (MADE PROFIT OF 49POINTS )
BUY PREMIER ABOVE 134.05 TARGET 139-145-164+
BUY ABOVE 5240.05 TARGET 5256-5265
AND ONLY ABOVE 5269.05 -5285-5305-5332LVL MAY CN.
SELL BELOW 5207.95 TARGET 5187-5169
BOOK PROFIT IN NIFTY @ OUR 2ND TARGET 5255 LVL
AND Only Above 5265.05 mark 5278 may cn
BOOK FULL PROFIT IN BANKNIFTY @ 9465LVL
CALL GIVEN @ 9355.05 (MADE PROFIT 110 POINTS)
2Day buy above 5226.05 Target 5236-5255
And Only Above 5265.05 mark 5278 may cn
Sell Below 5186.95 Target 5162-5147
BOOK FULL PROFIT @ OUR LAST TARGET 5176LVL.
CALL GIVEN @ 5267.95 (MADE PROFIT 91 POINTS )
BANKNIFTY :
ENTERED SHORT @ 9333.95 BOOK PROFIT AT CMP 9310
( MADE PROFIT 34 POINTS)
WE R HOLDING SHORT @ 5267.95 (FROM 16-04-2010)
WITH SL 5310.05 , 2DAY OUR TARGET MAY B CN
5247-5233-5216 AND BELOW 5205 -5195-5176 LVL.
2Day Below 5267.95 Target 5241-5223
Only Below 5216.95 -5202
Only Buy Above 5310.05 Target 5323-5336
NIFTY:
BOOK FULL PROFIT @ 5271 SELL CALL GIVEN @5307.95
(37 POINTS)
BANKNIFTY:
MADE OUR ALL TARGET AND BOOKED FULL PROFIT
@ 9355LVL (121POINTS) SELLcall given @ 9475.95
2Day buy above 5346.05 Target 5370-5387
And Only Above 5408.05 mark 5436 may cn
Sell Below 5307.95 Target 5295-5258
BANKNIFTY:
BOOK FULL PROFIT @ 9506 LVL CALL GIVEN @9545.95
MADE PROFIT ( 41POINTS)
EXIT NIFTY SHORT @ 5330
2DAY SELL BELOW 5321.95 TARGET-5308-5289
AND BELOW 5262.95-5246-5234LVL
BUY ABOVE 5378.05 TARGET -5392-5412
BANKNIFTY:
BOOK FULL PROFIT @ 9567 LVL CALL GIVEN @9607.95
MADE PROFIT ( 41POINTS)
KEEP SL NIFTY @ 5358.05 LVL
TRAIL SL 5348.05
EXIT @ COST 5336.95 LVL
2DAY BUY ABOVE 5400.05 TARGET 5411-5423-5439
SELL BELOW 5336.95 TARGET 5321-5308-5292
NIFTY MADE ALL OUR TARGET (TRAIL SL @ 5367.95)
NEXT TARGET 5392-5403 AND ABOVE 5406.05-5433LVL
BANKNIFTY:
MADE OUR 1ST TARGET AND BOOKED FULL PROFIT
@ 9687LVL (81POINTS) call given @ 9606.05
2Day Sell Below 5267.95 Target 5243-5230 and Below 5228.95-5207
Buy Above 5333.05 Target 5347-5355-5368-5379
BOOK FULL PROFIT IN NIFTY @ 5291 SELL CALL
GIVEN @ 5340.95 LVL MADE PROFIT (50 POINTS)
BANKNIFTY:
MADE OUR 2ND TARGET 9553
AND BOOK FULL PROFIT @9565LVL
SELL CALL GIVEN @ 9641.95 (77 POINTS)
NIFTY SL TIGGERED @ 5340.95
AND ENTERED SHORT @ 5340.95LVL
BOOK FULL PROFIT IN Jaicorpltd @ 184LVL CALL GIVEN @ 171.05
We R Holding Long @ 5396.05 With Sl 5340.95
Sell Below 5340.95-5328-5318-5309
We Enter long @ 5396.05 With Sl 5330.95
BankNifty :
We Enter long @ 9739.05, It made our 1st target of 9774 and made high @9787
We Booked Profit @ our 1st Target 9774 ( 35 points)
We Enter Short@ 9697.95, It made our 1st target of 9651 and made low @9641.5
We Booked Profit @ our 1st Target 9651 ( 47 points)
BOOK FULL PROFIT IN HEG @366LVL
Call Given @347.05 on (05-04-2010)
Buy EKC Above 126.05 -129-134-137+
Buy Jaicorpltd Above 171.05 -175-179+
Buy Orchidchem Above 161.05-164-169-173+
2Day Buy Above 5396.05 target 5408-5423-5442
And Above 5445.05-5470-5502+
Sell Below 5330.95-5318-5309-5296
2Day Buy Above 5385.05 Target-5394-5402-5411-5422
Sell Below 5345.95 Target -5330-5319-5309
CALL NOT ENTERED (5387.05)
TRAIL SL 5312.95
TRAIL SL 5326.95
TRAIL SL 5355.95
BOOK PROFIT IN NIFTY @5363LVL
BOOKED PROFIT @ 5363 CALL GIVEN @ 5323.05(MADE 40POINTS)
BOOK FULL PROFIT IN MADHUCON @168 CALL GIVEN @156.05 BOOK FULL PROFIT IN ADHUNIK @123.5 CALL GIVEN @117.05
BOOK FULL PROFIT IN RAJESHEXP @121 CALL GIVEN @106.05
BUY HEG ABOVE 347.05 TARGET 354-359-367+
2Day Buy Above 5311.05 for the 5323-5334-5345
And above 5353.05 -5364-5377-5384+ With SL 5262.95
ENTERED LONG @5323.05
Nifty is within a rising trend. Continued positive development within the trend channel is indicated. Is moving within a rectangle formation between support at 4806 and resistance at 5432. A decisive break through one of these levels indicates the new direction for the index. The index has broken up through the resistance at points 5160. This predicts a further rise. In case of negative reactions, there will now be support at points 5160. RSI is overbought. The index can still rise further, and we should see a decreasing RSI before this is used as a negative signal. The index is overall assessed as technically positive for the medium long term.