JACK POT DAY TODAY

BANKNIFTY INTRADAY

BANKNIFTY WEEKLY-5DAYS

JACKPOT DAY FOR OUR CLIENTS TODAY

Today due to the budget volatality ...Inspite of market eratic swing today, we made 341 points gain in intraday banknifty future..

i.e means >> 50X341 = Rs.17,050 gain we made for all our clients.There are few positional traders made more than 580 points today trade itself.

'We have learned the leasson how to sail smooth and catch basket full of fish in a wild strom too.'

Today opening we sold and gained 47 points and when it reached 371 we cover all short in hand also bought near 410 fresh longs and exited soon..But in no time the banknifty rose to 600,700 and touched a days high of 10799.45 we sold near 10725 and it fell down to 610 short while and covered it..likewise we made 6 intrday trades and made 341 points gain.There are few waited and covered short in 417 that was sold in 725 level .We attempt few positional traded and when we had a chance for 300+ points we covered and agin sold and covered made 580+ points..yet the market were exceeded our expectation and fell down.Any way all our clients are full of excitement to see such a profit in intraday.Many admitted to us,Today is the day-they made huge gain in intraday.

The Banknifty fell down from 10650 to 371 and made a low and again went up to 10800 level and fell back to square one 10400 level.The Nifty too done the same hike and fall and that shows the budget could'nt lift the index even in one day.So, we are expecting further fall in our market as per technicals.So avoid long as of Now.

The FEB -month we made more than 1000 points in intraday and positional about 1600 points.One of our milestone that happened/done in FEB-2011

View the chart above both intraday and 5 days are there.Its unusual swing after a long time in intraday

Jacpot for all our clients

This week alone from monday to friday we made more than 800 points in Banknifty intraday itself.

Positional we made 1200+points.The Feb month is jacpot for all our clients.

Where the Market is heading to?

The Indian market is today gave a shock and took away the hope of bulls!!.The Nifty touched a days high of 5430 and gone down to days low 5251 level and selling.Banknifty touched 10648 and gone to low of 10216 level.The sensex gave up about 600 points.

Budget may support the market!

Chairman of the Standing Committee on Finance Yashwant Sinha suggested raising the income tax exemption limit to Rs. 2 lakh in the budget, to provide relief to the common man, suffering the impact of high inflation.

Presently, income up to Rs1.6 lakh per annum is exempt from tax for individuals. For women and senior citizens, the limit is Rs. 1.9 lakh and Rs. 2.4 lakh, respectively. However, under the DTC Bill, which was introduced in Parliament last year, the I-T exemption limit is proposed at Rs. 2 lakh. This kind of positive news flow could keep the market in tight range, but any negative news flow may take the market to lower levels.

we wrote in our yesterdays post we sold in 11270 and covered the positional shot yesterday partially as we gained 800+points in a weeks time and today we booked(covered all shots) and gained about 1000+ points in 8days time.

The intraday itself we made about 130 points gain doing very conservative trades.In our earlier post we wrote the banknifty will fall down to 10000 level.Now after seeing the sell off/off loading Nifty and many front line stocks we are expecting a mild bounce up in banknifty upto 10430 level and again it may slides down to 9970 level.The Nifty head and shoulders formation was waived today..just negate and focus trades now in intraday with SL.We also advise you to be catious now in all of your holdings in the Nifty fifty stocks.

What to expect from the market now?
Foreign institutional investors off loaded stocks worth Rs. 245.42 crore on Monday along with the domestic institutional investors who in turn sold out stocks worth Rs. 27.61 crore. We expect the market to remain in the tight range despite the sell off made by the institutional investors. Market is expecting some cues from the budget but post budget there could be huge volatility in the market. Today, the market is expected to be in tight range. The upper band of the nifty may be 5520 and in case it crosses the same it could go up to 5580!

Today our market fell down sharply in the afternoon .The Banknifty gave up from its day high 10877 to 640 level.Nifty gone down from 5501 to 5426.This weak nifty and banknifty there were less buying and more selling seen on monday to till today that made the fall and the bulls have less hope now..If Nifty move above 5560 level the inverted head and shoulder may come in act and lead market to further highs and if nifty move down to 340/320 level just negate this formation it will fall further there on.

We were selling Banknifty right from the recent high's 11270 level and the partially we booked profits in positional short today in 10660 level which was sold in 11270.We made about 600 points in positional short in a weeks time.Still we hold part of our short to cover at lower level.

Today in intraday we made 4 attempts and succeded in all and gained about 130+ points profit. At last we sold in 10840 level and covered soon as we made enough gain in intraday, once we covered it fell about another 150 points.We just sat tight and kept ourselfs away from market.

The Banknifty as we mentioned in our monday post below 10770 huge selling will be there that happened after 3 days today.Now tomorrow the banknifty may trade sideways and may fall down agin in the coming days.

Banknifty View For 23.02.2011

As we stated in our yesterday post about the preview of banknifty today " it may open in gap down". The baknifty done the sameit opened today in 10925 from monday closing 11070.We gave yesterday STBT call and sold BN in 11067 and today we covered the same in 10880 level and gained 187 points profit in one over night shot.This is how we foresee things and made profit for all our clients ..If one follow us strictly it is no doubt one can win and create massive wealth soon.

Today we have done 6 tardes and gained 162 points in intraday itself apart from the STBT call.We were kept aside after 3pm to avoid the closing jerks.The banknifty today was moved up to 11000(punch) and traded well in 10950 level but there were selling instead buying...similarly when it touched the days low 10762 there were not much buying but it jumped to 840 level due to the market closing/short covering.

The Nifty gave up almost 100 points and showing weakness.The tomorrow if banknifty open below 10740 it may slide down to 10160 level and if move above 10980 and sustain above 11040 it may be strong upto 11270.Third option if open near 820-900 it will be choppy/side ways for some more sessions.

Banknifty View 22.02.2011

The Banknifty today opened in mild gap up from its fridays's closing but was jumped to 10980 level during opening and slides down sharply in no time to 10840 level.We turned the situation to our own favour and made a swing sell& buy in the opening 10 mins itself and gained 58+52 points respectively in 2 trades and in the afternoon we made another 1 attempt and made 38 points.Over all we made a gain about 140 +points today in intraday without SL-hits.

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The Banknifty showed a days low at 10784 and in the afternoon as the SBI moved up this index shoot up to 11099 about 315 points zoomed in short while.This seems no good as it is not traded well in these levels between and jumped up.These caused because of the exhaustive running gap's and that will be filled soon or latter.

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The Banknifty my friday view, i wrote if move below 10770 drastic selling will be there,but it took sup in 784 and gone up and closed well above.As the MA is still not confirming the firm direction.When i saw the Atp during closing 10922.Thats shows the Banknifty may open gap down tomorrow.But considering Nifty jump above 530 to 560 it can be more volatile upto 5640 level.I advise no fresh longs until nifty close above 5600 levels.

The Views are still same the banknifty is now weak below 780 level and may stong above 11270 level in between it sustain and can move sideways.The tomorrow market will be expected to be choppy.

Banknifty where it leads to?

The banknifty future today opned in gap up about 20 points from its previous closing and touched a days hig of 11279.70 from there on it shown great weakness and slowely fell down to 11180 level.The Nifty also was in very tight range in the opening near 5560-80 level and not much buying seen there.Instead there were lot of selling+profit booking seen and nifty also came down gradually.During the afternoon session both Nifty and banknifty felldown sharply.The BN gone down about 200 points and touched a low near 10900 fro 11279( nerly 380 points down from the days high.

Today from the opening we made conservative sell again and agin and covered in near by target and out of 6 calls, we succuceded in 5 and 1 sl hit for 10 points.The net gain we made Net gain in Banknifty Intraday>-10+30+24+34+40+38 points.There are few HNI's client of our made more than 300 points without sl-hits as per our guidance.

The Nifty Now find support in 5330 level and banknifty may find support near 10760 level down to it it may agin go near 10,000 level.If open above 11030 and sustains there may be a slight jump upto 11200 level.The Monday market we expect more eratic/selling will be there.

Our aim to make 50 points gain in banknifty intraday for all our clients and we have been doing that and many time we limit our calles when market play tricks.Today too, during closing we were kept ourselfs away from markt by sitting tight to avoid or getting/ caugt into the closing jerks.

Banknifty View For 16.02.2011

The Banknifty today done a opening punch at 10850 and traded in 10820 level then fell down to 10696 that was the days low and from there it slowly moved up and touched a new day's high 11010 and lastly traded in 10933.The pull back rally is nothing but an pre-budjet expeation that made the market to zoom up.The Nifty found hurdles in its upward move but firm and touched the days high of 5504.00.

We have done opening sell at 10820 and gave a target for buy at 10717 and it was achived in 15 mints time.We made very conservative trade and gained.

Now the Nifty has res at 5510 and the 5397 as act support.

What do we expect from market now?

The tomorrow our market is going to witness uge volatality as the prime minister is going to attend the JPC probe meeting at 10 am ...so after the news in media the market may swing either sides.

The Nifty and Banknifty continiously moved up the last 3 days and touched a peak.The Bn is about 1000 points up from friday's low so the positional/longs profit booking comes as it at little selling and also the fresh selling may be there as there are so many resistances the nifty has now in its up move.The Banknifty now find hurdle or may not cross the 11046 level and the downward move down to 688 will be add more selling pressure.So it may sustains in side ways in narrow range.

Banknifty View For 15.02.2011

The Banknifty today opened in wide gap up,although its punched 10505 the opening trading was seen above 10580 level.From its opening it sustained well and moved slowley towards up&up and touched a new days high at 10809 during the market closing.On the other hand, in a similar way the Nifty was very strong and touched a day high of 5467 from the 5346 opening level(136 points from low to high)The BN moved one direction about 300 points from its today opening.

.Lets See the last 2 days Move of Banknifty:-

The friday The banknifty opened in 10100 and day low was 10080 today it touched a day high was 10809.

.Within 2 days it gone up about 730 points.

why this certain 'U'turn and what made the market stronger all of certain?

Doosra is a delivery used by off spin bowler to deceive a batsman.
In fact it is the delivery to confuse the batsman where the ball spins from the leg side to the off side.

On Friday, the market reacted as per our expectation and we think that it is a technical bounce back. Hence the present market condition may be termed as the Doosra and if you get in to it you may be bowled out by the bears.

.What to expect from the market now?
The up move may continue but the nifty may find it difficult to cross 5500. Bears may take control of the market shortly and the present rally is called a relief rally which could fizzle out anytime. It is the time to wait and watch the nifty levels rather than to buy anything.

.The Nifty now moved beyond 5440 and sustained well above this level and Bn is well sustained above 10770 level.If tomorrow open above these level it move another high to test te chaneel resitances and Nifty has so many urdle on the up move.We do not suggest fresh long at this level as stated above this is a relief rally we need to consider the nifty move above 5650 is seems to a really rally confirmation.The BN will face hurdle now in 10830 level.

Banknifty View for 11.02.2011

Today We made good gain in Banknifty by shoting almost 5 times and gained 40+points as an average each time.We just wait for one rise and sell and buy..gave so many chances to make swing buy&sell but we made very conservative trade.Many our clients made beyond 200 points all made near about 120 points+.

The Banknifty today opened in mild gap down in 10116 level and touched a days low of 10030 and in the after noon around 240 pm it zoomed in no time the days high of 10273 and fell down to 10070 level.It happened as many would have sold as the down trend is visibile to all and placed SL here and there ...and all Sl would have hited and the pendulam were swang up and down and made the market to attain stability in the end.

The Nifty more than 3 time took good support in 5210 level and shoot up.The day's low was 5210.30..The tomorrow market if Nifty go beyond 322 level there may be a minour pull back ...if move beyond 5555 only we can consider the correction will be over or it crawls like this in some more time.

The banknifty now fall down to 9920 level and may take support and go upto 10340 level.Anything above 10440 will take it to further high and become strong or will be choppy and down will be faster than our expectation.

Banknifty view for 10.02.2011

The Banknifty opened today in gap down more than 100 points from its previous days closing 10150 to 10063 and touched today a day high of 10325.The day low was 10037.

We have foreseen the market today well before and gave a sell call in the opening high and made 42 points in few mins itself..Than We predicted the Bn move today Like an 'M" shape mode and we sold 1 by by and covered and sold high right from 10080 to 10320 level and step by step we covered and made about 140+ points gain without any SL.Our today strategy was very unique and its win -win situation only..No technicals alone enough to win in today situation but we won with 100% accuracy as no sl hits.

The Nifty gained good strength and touched days high of 5347.The Bn lastly traded in10180...so it can go a mild recovery up tp 430 level...above it it can zoom upThe 5220 level it may bounces up.a gap up opening may possible.

Banknifty View for 9.02.2011

In our View the banknifty possibly open in gap up and sustain above 10,440 level may lead it to a 10580/620 levels.If open or go's down by chance below 10343 it attracts more selling pressure and the bulls will have no hope there on!!! it may slide down to 9970 level.So trade with proper SL.The Nifty today some how retained above 5340 level..down to it a minor/major correction may occur.This is what we wrote in our yesterday post about today market pre-view.The banknifty done exactly the same as it opened in gap up about 50 points from its yesterdays closing 10375 to 10425 level.The day high was 10430 and low was 10127.It was not having strength to cross 10440 level as we mentioned.

Today we made a good gain in banknifty...when we sold in 267 level we were sure of 100 points free fall and gave a buy at 10166 after selling and many conservative traders, we made to cover when we saw 50 points gain and few of our old clients were waiting for the target and covered in 166 and made about 220+ points profit in intraday.We infact sold near the days high around 415 and also covered near days low...we made many swing trades.We also covered our Positional banknifty shots partially to near the days low 10130-40 level.

Now the yesterday view is still remain the same.the banknifty showing much weakness in the last fewdays...as the components of banknifty out of 12 banks the 10 banks were weakening day after day.Today the SBI&PNP was showing green at last the PNP gave it up after retaining its status quo for a long while...May be some huge basket selling happend in this counter.Considering this weakness the Nifty may slide down further as it broken down the major supports 5340 today and made a low of 50303..But the last traded price was 5394 seems it is again having little hope to claim up!!!.Let us not remain long in this state at the same time not advising fresh shot at this low level.Watch out carefully This weak may witness a twist in our market.The Banknifty now has strong support at 10110/9970 level.

Banknifty View For 8.02.2011

The banknifty and Nifty today gave little hope for the bulls as it openend in mild gap up and traded in a tunnel range.We sold and covered twice and gained during the opening about 60 points.The Bn was well traded between 10460 t0 420 level well and we traded many times.When we sold the 3rd time we sold and kept sl double buy at 472.Also place buy for short at 343 level as we were insisted to all our clients this level will be touched today...But market done the other way it went up and our sl-double buy was bought and we sold the same in 10510..it touched a day high of 10514.35 level and fell sharply down from that level in a short while as it indicates so much of manypulation and done a new days low of 10341.30.Many our clients sold while falling and bought exatly in the days low >10,343 level.

The Nifty was strong enough and shown too many whipsaw's moves in side ways and it also breakaway the critical day ressistance 5420 and touched 5444.50 and fell down to new day low of 5370.10 and lastly traded in 5405.The nifty gave so many pause/consolidation...and shoot up to 30 points in no time and failed in holding itself in higher levels...the spot index's also trades in premium..all it shows the future of nifty&Banknifty at present has so much selling pressure that may push the index further down.

In our View the banknifty possibly open in gap up and sustain above 10,440 level may lead it to a 10580/620 levels.If open or go's down by chance below 10343 it attracts more selling pressure and the bulls will have no hope there on!!! it may slide down to 9970 level.So trade with proper SL.The Nifty today some how retained above 5340 level..down to it a minor/major correction may occur.

Banknifty View For 4.02.2011

The tomorrow we expect a bounce up in both Banknifty and Nifty.The Nifty weekly MA rised and its having lot of chances to go beyond 5530 level once sustain above 540 it may consolidate and sharp move in the upside can be expected.The Banknifty was very weak below 10470 today it touched low of 452 that caused due to the exhaustive gap down so we need to observe it tomorrow weather banknifty sustain above 10540 or not.It will act bullish now above 10680 level or slide down to 388 level.The other chance is it crawls in sideways/become choppy.

This we wrote in our yesterday post about today market.As expected the nifty bounced up and touched a days high of 5545.90 and Lastly traded in 5538.00.

The Banknifty also gone up to 10745 level from its opening 10533.The day low was 10440 and during market closing it jumped up from 690 to 720 levels many time and finally traded in 10700.We made many intraday attempts and th net gain was almost nil as few sl were triggered.

In our View The banknifty now strong above 10770 and it has to sustain well above this level then there may be a rise up to 10840/60 level.It also find good support in 490 level so it may swing/crawl side ways between this level.If Nifty bounces above 5555 level it can jump up another 100 points to 5630/40 level.In this case the banknifty may go near 10900 level.We expect a side ways move in banknifty on the coming sessions.

Banknifty View For 3.02.2011

The Banknifty now broken down the 400/1334 EMA's gone touched the low of 10470.if tomorrow by chance if it open down to 470 it may fall shrply to 388/222 levels.If open near 540 it may crawl up to 680 level and become choppy.This we wrote in our pre- view.

The Banknifty opened in gap up at 10600 from its previous closing 10493.45 and touched the high of 10640 in opening.We sold in the opening near 10620 and placed buy at 571 it was bought.Today we done 5 trades and almost all were successfully covered without sl hits and made a net gain/profit of 110+ points.

The banknifty was caught in a narrow range for a long time between 10540-590 level we kept waiting and when it gone to 620/30 we sold twice and covered in 585 but the news of Ex-telecom Minister Raja arrest were flashed in tv the market gave up the hope and fell sharply to 500 then slide down to a new days low of10452.The nifty Was Trading near 5500 level and came down to5429 level.

The tomorrow we expect a bounce up in both Banknifty and Nifty.The Nifty weekly MA rised and its having lot of chances to go beyond 5530 level once sustain above 540 it may consolidate and sharp move in the upside can be expected.The Banknifty was very weak below 10470 today it touched low of 452 that caused due to the exhaustive gap down so we need to observe it tomorrow weather banknifty sustain above 10540 or not.It will act bullish now above 10680 level or slide down to 388 level.The other chance is it crawls in sideways/become choppy.

Banknifty View for 2.02.2011

The tomorrow market may seen a fresh bull back rally if nifty sustain well above 5540 level,The banknifty today claimed to 10724 level this may caused due to panic short covering as it again fell down to 520 level and shown some closing jerks and the closing gave no clear cut direction for tomorrow...if, open above 10770 it may act bullish or open down to 10587.

This above one is what we wrote in our yesterday post about today market.The Banknifty opened in gap up at 10700 from its previous day's closing 672, and touched a days high in the opening 720.It acted bullish as Nifty was also opened in 5542 level but it could'nt sustain in this level within 20 mins of market opening it fell down to 10,600 level from there on it was in side ways from 555 to 600 level and didnt give much chance to any buy/sell, then finally fell to 500 level and touched a low of 10470 during market closing.

The Today market was kind of choppy about more then 2 hours in a narrow range. The nifty ,Bn was done its best to move up after a long consolidation where as there were no sufficient buying pressure it could'nt move up.

The Banknifty now broken down the 400/1334 EMA's gone touched the low of 10470.if tomorrow by chance if it open down to 470 it may fall shrply to 388/222 levels.If open near 540 it may crawl up to 680 level and become choppy.The Nifty we need to observe closely as it touched a day high of 5542 and also touched a days low of 5411.It gives a negative signal as it may test its critical support near 5340...!! if broken this level, a deeper correction may occur.So let us hope a bounce up/gap up opening.