Trade with Ajeet Singh

A Free trading Hub for fellow traders, updated fortnightly.

21 March 2016

NIFTY  FUTURE Last Close : 7605.30
Friday Nifty Future was opened gap up at 7580 and slide from day’s high
Made a low was 7527.15 then taken U turn up-to 7615……….. & Closes at 7605
Already told…….. Trend is Mixed!!
FII’s continue to buying mode………..
Net buy 491 crore in Index Future and net buy 1712 crore in cash segment
This Week Trend Decider (Three Session only) 7690 & 7485
Nifty Future consider Resistance around 7630 & 7655
If stays above 7655………… finding next level around 7690
Today’s NF supports 7580 & 7550
Below 7550…………… next supports 7500
Decline to Buy…………. with stop of 7485 closing basis!!
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Banknifty Future Last close : 15669
Banknifty Future Looks very Hot………..& Sharp rally will be expected
Above 15650…………. will move 15775 & 15850
There after will kiss 16000+
Today’s Supports 15600 & 15520
If comes support level can buy……….
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SBIN above 190………. No Problem for bulls!!
Will move 195 & 200+
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AXISBANK above 432………..
Favor for bulls……….. will test 440 & 444
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( Last Close: 1337.20 )
 ACC sharp bounce back from last Two sessions
Looks good to buy at declines…….. Favored for Bulls
Facing Resistance 1355 & 1370
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( Last Close : 177.25 )
APOLLOTYRE closes above 5 Months high
Can be seen in further price rise like 182 & 185
Decline to buy!!
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(Last Close  :514  )
Last Two sessions boldly recommended CENTURYTEX at 493
Now Rocked 517…………..
Again can buy around 513-515
Expected rally up-to 525 & 530
Keep a stop of 505
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Gann View 21-25 March 2016



Last week Nifty took resistance @ the first level of 7585-7589 and then from there met our first target of 7455-22 zone. A gain of 160 points.

From 7625-7635 strong resistance zone. 

A close above 7640 may take Nifty towards 7715-7740, 7804, 7892, 7981, 8045-8070.

Major resistance levels are 7869,, 7708, 7787, 

Major support levels are  7515, 7450,  7398, , 7367-7351, 7219.

Gann  pressure dates are 21-22 & 28 March.

:DPK

14 Mar 2016



Above is Nifty Future Three Months Intraday Chart
Chart shown, Nifty Future Facing strong resistance around 7585-7610
Once if Breaks 7610 and closes above the level………..
Finding next Resistance 7690 & 7840……. So closely eye on 7610 for closing basis!!
Nifty Future consider strong supports 7405-7440 levels
Suppose if breaks 7405 and closes below the level
Sharp panic will be expected up-to 7300 & 7175
Overall view : NF decline to Buy with stop of 7405!!




8 March 2016



Above is last Six Months Nifty spot chart
Now Nifty weekly view:
Chart shown strong bounce back from 7135 level
Now……… Nifty rally continued & facing strong resistance around 7600-7675
Above levels are very hurdles…… Profit booking will be expected this levels
Suppose if close above 7675………..Will move 7975 & 8050 (Chances are remote)
Nifty consider supports 7440 & 7390
Hourly support at 7390 below weakness………!!

and here goes Today's view:
Friday NF was traded Range bound and low volume in first half
Then second half volatility seen………..
NF made a high of 7480 and low of 7405………. Then closed at 7460!!
FII’s net buy 148 crore in Index Future and net buy 671 crore in cash segment
This Week Trend Decider 7600 & 7390
Today’s Nifty Future consider Resistance 7485 & 7505
NF once if crossover & stays above 7505………… finding next resistance around 7540
Today’s Supports 7440 & 7415
If breaks 7415……….. with volumes………. We see selling pressure up-to 7370
There after 7340




4th March 2016


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