The Floating is just commenced...

Although the banknifty future opened today weak in a gap down and gained momentum there on and shown its power.Its acted like a silent Warrior not shown its impulsive inner strength..from the days low of 11766 12096 at last traded in 12025 in its closing trade.This is again a strong closing note.

We foreseen this up move when it fell down to 11400 and asked all our positional traders to go long , today we exited the same longs near 12060 level.Even in our yesterday's pre-market view, we posted the banknifty will cross 12000-12200 level that is achived.Today the banknifty touched 12096 level.

Tomorrow we expect a flat opening and trade in side ways,If nifty open above 5940 level fresh buying may comes in and that may boast the mid-caps stocks which fell down recently.The GDP growt shown 8.9(From 9.1)and tomorrow the euro banks test may give some more impacts on these index's

Nifty moving above 6015 level will motivate a short term rally.Avoid short if open above 5940 level.

Now Banknifty Seems To Float above the Roof

The Banknifty today opened in Gap Up about 100 points from yesterday closing.The banknifty sustained well in 11800 level the day was bit narrow within 150 points swing and witnessed a genuine trade without much gambling.

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In my friday post we wrote the banknifty will go up on monday when the most other site were foreseen the monday market may fall to new low.Today whatever we forseen and wrote on friday almost 50% result was seen and the coming sessions it will move up and try to float above the Roof(resistances) no wonder if it cross again 12200 levels.

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The banknifty and nifty shown a better low and better high.The Bn today touched 11918 and nifty was 5864 both these index are now very close to the hurdles that hinder its up moves....if break out happen it may easily touch 12000,6000 levels respectively.

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Today we made a gain of 100+ points in 3 trades without much hassles.

What a pull Back Rally?

Today The Banknifty opened in gap uo @11880 from its previous day closing 11753 level and it stayed above 11800 for 10-15 mints and fell down to 11750 level and was traded in side ways for a while.Due to the severe sacm in housing sectors the reality sectors show much weakness and fell almost all reality stocks down..The Core india projects fell from 253 to 151 and it was pull back up to 250 level again in the afternoon.After the media flash ups the reality weakness the banknifty fell down..it was a kind of free fall ...The day low was 11440 but within a hour a great recovery was seen..( from day low to high 487 points) The pull back rally made to achive new day high of banknifty at 11927 level and clsosed in 11730 level.

Today it was a JACKPOT DAY for all our clents..

We sold and covered and double bought at 470 level again sold in 880 level.The intraday tradar made around 350 points.The intra+positional traders made nearly 540 points.We made our day fruitfull.This is one of our highest gains in intraday trading. Day after day our accuracy level gone up.we are amazed by our own prediction that made many of our clients rich.

The coming session banknifty may show a minor rally/set back to sustain its status quo 12000 level. it may touch 12200 level soon.The nifty now strong above 6015 level and weak below 5460/350 levels.Today many stocks touched new year's low..The corrective phase is not complete yet..It gives good oppurtunity for the real investors to buy best stock at low price. So keep rooms for buying fresh at low!! Wait for bottom fishing.We too have some 60+ stock for bottom fishing our all seed clients will get these scrips as and when the market is ready to catch the good stocks in low value.

you can also visit here to know more>http://multibaggersstock.blogspot.com/

Banknifty Closed weak..

The Banknifty Today opened in mild gap up and traded well in 11900+ level and the opening punch shown at 12000+level. From opening it was dragging down to 11800 level and in the afternoon session, fell sharply to 11700 level and broken earlier weekly low ema's.The closing of banknifty was weak.

The nifty was some what firm and sustained 5820+ levels as today happened to be the f&o closing..but in the end it fell down and closed weak.

On the coming session we expect more selling pressure in finance&bankning sectors.That may push down nifty and banknifty further down side.The banknifty almost last 7 session closed down to 50DMA and it may take support in 200DMA .The Housing corporate scam seems to be severe day after day when all comes to daylight the weakness may deepens.

Banknifty Closed weak...

Today the market opened bit strong and firm and traded well.The market nifty and banknifty floated till after noon.The nifty broke yesterday high 5968 and lot of buying were seen.The banknifty touched a day high of 12328 and the day low made was 11740 level,From day low to day high was about 530 points.During closing the recovery made to close near 12850 level.

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The Lic Housing Finance Ltd was down nearly -20%..It traded near 1320 and free fall happened due to some scandal in its housing loans,soon after the news recived it acted fast and fell from 1300 to 1050 level in no time.The Bihar political results is in full favour of the opposition BJP alliances the congress won only 6 seats.The bihar oppsition is in full charge.This is yet again one more chellange to the present rulling Govt, as its facing problems one after another like common wealth scam,adarsh housing society scam,2G-spectrum....etc. This made a mess in market!! The market now in the corrective mode.Today many bad news made together created a panic situation among traders/market players and they start selling all finace sect stocks..The Sbi also fell down about 100 points this imapact seen in Banknifty and about300 points it fell down from 12200 level to11780 level a sharp fall occured.

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Last 3 days the banknifty shown good recovery and today too it traded well above 12280 level but during the end the moving avg fell down sharply..this put the banknifty in -ive side ,the more weakness will be there if tomorrow it trade below 11760 level.

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The nifty may take support in 5750 level and bounce up to 5800/900 levels.The 5750 breakdown may lead deeper correction uptp 5560 level.Tomorrow F&O closing so the roll over of position tend to make market swings up and down more then usual.

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I Have recived, This below one in my chat messages...

Would like to share the same with all my readers, as it awaken all of us!!!

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'First- CWG-Scam'

'Second- Adrash Scam'

'Third -2G Scam'

Now -LIC Housing Loan Scam...

If.....Roughly

We,Calculate...these Scams...Costs--Indian Public....More Than....3 Lacs Crore....!!!!!This is Ours Money..Apart for this the Indian Money Deposit in Swiss Banks

Top $700 Billion Mark

That's Means....If these Money , come back in India....

We Don't Need to Pay Any Taxes for the Next 20 Years

We'll be Free from STT,VAT,Income Tax,Direct Tax,Indirect Tax ,

Education Cess , Service Tax.and All Other Taxes..!!!

The Recovery was great!!

In- My yesterday post i wrote there may be a gap down opening tomorrow and today it opened in deep gap down and went up near 12300 level and in the mid-session due to the missile attack of korea's made panic among market players and a free fall seen .The banknifty day low was 11865 and in the after noon the recovery "u" Turn was very fast and strong and gone above 12250 level.The Nifty Was shown huge buying this may happened due to panic short covering..We were expecting it may breake the day high during closing but it trade well in 5955 but some how it missed to cross over the day high 5968!!!.

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The F&O closing is in a short while within next 2 days,so more swing in market is on card . The nifty 6000 call option added more volume today that may be used as headging against the future shorts.

Tomorrow A opening above 5940 will make market to 6000+ levels and more panic buying may comes in.If,open down to 5867 more fresh selling comes in and that may push down nifty to 5780 level.

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Banknifty, Now is in a preparation for one more upmove!!

if sustain and trade above 12290 level in another 3 to 5 session it may make it strong rally again Or it will move side ways.below 11750 it will be week.

I s the correction Suspended!!!

In my yesterday post i wrote clearly dont remain in shorts and avoid shorts.As per our market pre-view the market today rose un-expectably and the afternoon recovery was amazed many day traders.Many people were struck in short and expecting the banknifty will fall further down to 12000 level where us it took support and shoot up to the new days high 12450 from the days low 12065 level about 400 points swing in intraday.

The Nifty Was shown great weakness last week as the selling pressure was huge due to the spectrum and other expected political instability traders expected huge fall/correction.Now the market gave a new twist...As i used to say market beat's every one.We have covered our shorts in friday near 12000level and were gone fresh longs which we exited today near12420 level.We also made about 150 points + in intraday trading.

Now the banknifty tomorrow may struck in side ways as the f&o closing is near by in 3 days.The EOD chart shows still weekness and a gap down opening may be there tomorrow.The nifty closed strong above 6000+ level now the 6100 act as a resistance a bounce up above this level will add more buying pressure.

Will The correction Take Place?

Finding Way ouT To Answer This Question!!! The nifty last week huge selling was seen and during the deepawali day its gone to new high and sustained in a range. But from last 3 days trading, the nifty much selling pressure was seen .Nifty broken the critical supports-5932 and 5876 and closed weak.

In my view,

Happened due to the 2G-Spectrum Scam and the follow up Political Scene.The media were showing so many angles about the scam and its impact on the coming days.The Oppossition political parties were asking the PM to resign..This made a mess in the traders mind.The traders were not willing to take risk as many rumours about the ongoing strom in our parliment..this made the traders not to risk over carring the week end positions that would have probably added more selling pressure.The coming Thursday the F&O closing that make more swing in market.Now the cross over of 5900-6000 level may act as hurdle for upmove but after F&O closing the market may again move up.The banknifty may take support in 11780 level and bounce up again to 12,000+ levels.I wish avoid fresh shorts till f&o closing.

The Banknifty fell down to 12020 level form its day high of 12375.We started selling from the opening and gained 150 points+ in intraday.The range bound trading was over powered by the bears and broken down and took support at 12000 level.The nifty also broken the 5934 & 5878 and huge selling seen during closing.

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The bank of china hiked the Reverse Repo by 50bps.Now our banking stocks is in falling phase and more selling pressure will be seen on the coming days.

The Banknifty Slide further Down...!!

The banknifty future today huge selling was seen from the opening and closing somewhat balance to the middle. The Banknifty took support in 12,100 level and anything near 12600 it struck in range and when it move near 12800 or the chennel top selling seen.The Nifty Broken today the critical support 5937 level the next support liess in 5875 level a breake this level may weaken the market a blood bath can be seen.Avoid long now.

The above 'EOD'- chart shows the banknifty now turn to be '-ve' and a jump above 12800 may possibly lead to a new highs...But as of now the nifty is showing great weakness a further slide down is on card now.The icici,Sbi and many banks shown huge selling today.

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The traders & investors are now feared to invest in the market as every one fear about the global correction. On the other hand the FII's are consistently pumbing money into indian market last few months.i have heared about 25 billions they have already invested and seems another 10 billions they propose to invest in our market.So, fundamentally our market is attractive for the long-term investors.

The Opening we sold banknifty in 12560 level and before we place SL the market fell sharply to 495 and we covered it with 60 points profits.We made four attempts in intraday trade and made 53 points as an average in each and net profit we made in intraday today is about 200 points +..(qty-100X200=Rs.20,000/- made by all clients)

In the afternoon near market closing we kep our self's aloof and just witnessed market bounce up to 12740 levels.The sbi were very aggressively gone up in minutes and that impact shown instantly in banknifty future.The banknifty and nifty closed firm and strong as i told in my last post it will again bounce upto 12900 level and take firm move from there ..The Direction may be only can predictable during that time.

The tomorrow the banknifty may open gap down and sustains side ways as now it locked up in a range and many banking stocks touched the pinnacle so the possibilities of further upside is limited.

Banknifty Now In Selling Mode...

I was insisting in all my old posts in last 6 days > wait till 2nd week end the market will come to the ground reality..Today the iip-data was below expectation and the impact shown in the market instandly. sensex fall of -400 points.The banknifty fell right from the opening about 300 points...About 10 days ago the banknifty reached 13300 level and now came down to 12500 levels...Many people called me to seek my guidance what to do with the shorts near 12300 level? or cover in 13300 level with loss of capital!!! All those people were called me are not my clients...but still i insited them to hold the short for a month...now many realieved and started covering short partially...

Now the banknifty possibley bounce again to the chennel top mean while it may go down to 12380 level and again touch 12900+ levels.

Today we have covered all our positional shorts near 12560 which was sold on Deepawali day near 13350 level .

We also done intraday and gained about 127 points.

Be Polite

"One of the greatest victories you can gain over

someone is to beat them at politeness".

Life is like a tennis match ...

If you want to winServe well, return well,

Play cool

And do remember

That the game starts with love all.

Where This Rally Ends?

Where the Nifty and Banknifty Ends it upward move? Almost unanswerable question.On the day of deepawali the indian market witnessed a all time new high.The Nifty broke away the previous top 6349 and Banknifty was made a high of 13400 level and reached it top.The Sbi gone to 3400 level and many many scrips made new year high's..The Sensex is nearing the 21000 mark and no wonder it will cross this boundry...The COAL INDIA made our market much stronger when it touched 340 level.. the fund inflow become surplus in our market.

The Indain market is seems to be a trend setters for the Global cue's..

That too after the US-President Obama visit and his inspiring talk in the parliment made many world leaders and ceo's attention to india. He quoted- "india is not emerging country,its a emerged nation". Our nation is the attractive gold mine for the real investors and the FII's buying everday is rising and almost more than about 2-months the fund inflow to our indian stock market, mainly the value based companies have been wittnessed huge buying by these institutional investors. Many of the companies stock prices are multiplyed by 100-600% growth which is an amazing sign of growth.Our own clients of 'SEED WEALTH CLIENTS' made massive money.

So the remaining days/months going to attract more potential FII's/Investors to our market and the sensex will make another new highs.

I also, wish you to read this as well..
Written by a Pakistani journalist about India- Must forward to all Indians!
Dear All...Visit here to read this> http://wealthtrainer.blogspot.com/
An article written by a Pakistani journalist about India .. Must forward to all Indians!

Coming Back to Banknifty...

The banknifty whenever it reaches the chennal top a huge profit booking seen and it used to stand still for few sessions.The deepawali day it made a new high and afterwards it fell down about 300-400 points and today it opened in gap down and touched a low of 12990 where its sustained for a while and a certain jerk made to cross 13150 and gone up to 13187 level and fell from there to 15o and the 13150 seems a strong support for banknifty at present and it took support in this level and during the afternoon session went to another new day high of 13240 level and closed strong.We made a profit of 100+points today without any sl hit.We purposefully avoided trading few hours when the showed choppiness.

As i wrote in my earlier post the positional traders who took long can hold with trailing SL and avoid fresh positional sell at present.One can do intraday with proper SL and can make 50 points in a day easily by using all the swings.That will be an ideal choice at present.Hence it made a rally of 1000 points within few days to a week.

'Not A Time to Risk Your Capital'

The Banknifty Future Is Just Few points To touch 13,000 Mark

The Banknifty future is in its bullish run in last 3 days...Day after day it jumps ahead and closes about 100 points higher..it was in positional sell mode last week and within a day the bear was beaten enough and transformed to bulls power.I am aware there has been any desperate phone calls from many non-clients were asking our advise what to do now...many people were in short position now and the banknifty went aginst many about 700 points!!! now what to do...all i know is curtial you loss by booking profits or roll over position provided if you have enough margin in hand for managing the short fall.The banknifty is moved up by the fund managers and they make it to sustain in this 12900 level.Today it traded very much in side ways and a kind of choppiness seen.

The banknifty future is near 13,000 but some how it is not able to touch the 13000 mark.Every day its move up and create a new life time high and now this rally may touch 13,300 level.The nifty is struck in 6200 levels and unable to make i new life time high..Only the banks and their result performance took it away..The sbi&icici bank results may take it further height.

I wish the traders of banknifty to take positional short/long after 2 nd week..let the market seattle and find its move firm on one side..Now longs and shorts are almost risk wise equal to one another.