2013 BUDGET DAY MARKET PLAY

                          Dear all, this budget is a final budget for current government. So most probably aims to 2014 election & each and every announcement will be based on that election only. Now how market will react for those announcement. We are expecting volatile will be in the range of 200 points, but no one can predict the direction. FII's are looking some more relaxation for investments. Our market also expecting last 3-4 years for wipe off STT for selling shares. If we get any positive news about this STT, then market may go fire. Sugar sector looking some good news in this budget. 
               Nifty now having resistance at 5900 level. If union budget would be good then market may easily break 5900 level. Maximum we expect around 150-200 points movement surely.On down side 5739 looking good support now.we thought market have bottom out, now looking for all time high.If nifty break 5740 then we would not see all time high in this year.everybody & every firm eagerly waiting for budget. we don't thing any negative news in budget. let us wait & watch.

Nifty resistance- 5853-5860, 5893-5904(major)
Nifty support   -  5735-5750 (major)
    
Today also no stock calls just go short nifty one lot @ 5860-5870 & buy 2 lot of  5900 call it is just for intraday. market seems to be gap up opening.

PORTFOLIO ALERT

  Please hold all stocks....

THANKS & REGARDS
      NSEBSENOW
               

MARKET VIEW FOR FEB-26

                               Due to some internal work we unable to post our views here for last 3-4 days. Here after we will start our postings regularly sorry for the inconvenience. Let us see our market levels now....Nifty trading now in CAT ON THE WALL stage. We already said that Market closing below 5880 will be very weak. See now, nifty trying too hard to move above that level.Maximum nifty may test 5815-5800 zone.Risky traders may try to buy near this level with sl of 5797. Below this level we may see free fall.
                   If we consider about OI, 5800 is giving now good support. Still we have 2-3 days for this serious, So we don't thing nifty will break 5800 level But we have railway budget & union budget are coming at the neg of this serious. So anything may happen.Mostly high volatile may expect. Maximum risky traders please try to do in nifty option for next 2-3 days.Bank nifty also broke psychological level of 12000 mark in intraday. So becareful for longs. Still bulls only hope is FII's. Because lot's of news & announcement are expected in this union budget. let us wait & watch.....

Nifty resistance- 5860-5870, 5893-5904(major)
Nifty support   -  5815-5800 (major) 

Please try to do nifty option's for next 2-3 trading sessions.

PORTFOLIO ALERT

  Please hold all stocks....

THANKS & REGARDS
      NSEBSENOW

NIFTY SUGGESTION FOR FEB-20

                                   Nifty moved as per our range of 5880-5968 on closing basis. Now nifty bounced little strong because of responsible bulls. Please note market's next move will start only closing level of nifty will be above or below of our mentioned levels. Upto that market will be in that range only. After a long time FII's turned to sellers or DII's are now buyers,but market moved positively. This action was somewhat confusing also interesting. Markets advance decline ratio also seems to be good.
                   If we consider with Open interest 5900 seems to be good base And 6100 will give strong resistance. Please buy nifty only above 5968 on closing basis or above 6007 on intraday basis.Be careful for small traders because If FII's start selling more then we may see big fall, so trade small quantity.Upto budget we expect the range of market will be 5880-5970 on closing basis but intraday it may move 6009 on upside & 5850 on down side.

Nifty resistance- 5963-5970, 5998-6007(major)
Nifty support   -  5921-5929, 5880-5890(major) 

No premarket calls today.

PORTFOLIO ALERT

  Nifty shorted at 5880 & booked at 5860.  Buy sesagoa 50 Quantity at 172.

THANKS & REGARDS
      NSEBSENOW





 

WEEK END SUGGESTION FOR FEB-15

                         Market Stay now in danger zone, Near by our extraordinary support zone of 5890-5880. Last 2 weeks nifty taking breath here, Once nifty break this level then fall will be more. So be careful. If nifty break here then next support will be around 5815-5835. 20 Week moving average is there at 5835. Lot of stocks are now in oversold level,suppose if it stay in this zone for some time then trend reversal may start, that will bring the market to more downside. Some of heavy weight stocks Q3 results are looking some what worst.
              As per EOD chart of nifty shows almost close to evening star pattern. So below 5880 fall will be more. Friday effect also may add in this flow. Just go short any stocks below 5880, we will make good profit. bank nifty also seems tobe weak now.Banknifty having good support at 12200 level.Lot of banks looking for profit booking mood. So try to short bank stocks for intraday.

Nifty resistance- 5925-5929, 5950-5960(major)
Nifty support   -  5880-5875, 5835-5815(major)

Our last call oriental & LT both hit target

Short any stock below 5880 level or buy any stock with max sl of 5875. Lot of stocks are now weak only.

PORTFOLIO ALERT

  Keep go short below 5880 with sl of 5899 (spot)
 THANKS & REGARDS
      NSEBSENOW

MARKET RECOMMENDATION FOR FEB-14

                                      Market moves positively yesterday but last one hour of trade it erased all the gains. It exactly takes resistance at 5968 level. Please keep note If nifty close above then we will see 6000+ very soon. We are expecting market will be in the range of 5880-5968 upto budget. So we simply try to buy at bottom and sell at the top or sell at top and buy at bottom. Some of major firm results like SBI, Tatamotors,Lic,DLF may change the trend of the market.Already tatasteel announced their result below the expectation.
                 As per OI nifty having very massive support at 5900 level with holding of around 80lak shares.Bulls have missed this good up move but created good base now at 5900 level. So maximum we seen 5900 is a base for this serious. This serious looks good for option writers. Really they are only making profits now. If market make good base here, then we may see nifty new fresh high. Before that some of underperformed stocks & midcap have to move up. Nifty closed above 5929 is also good sign.

Nifty resistance- 5965-5973(major)
Nifty support   -  5893-5880(major) 

Our last call jpass hit target & ALBK sl hitted
 
Oriental bank  : Sell below 298 sl 301 target 
                                    will be 293,289
L & T              : Sell below 1480 sl 1492 target 
                         will be 1468,1460

PORTFOLIO ALERT

  Our portfolio holding shares are in loss now but don't worry we do some average at exact time. Please keep nifty short below 5880 on any day of this serious.
 THANKS & REGARDS
      NSEBSENOW

MARKET SUGGESTION FOR FEB-13

                       As per our nifty view market moved well & traded in our mentioned range only. Upto Budget market never go any big correction. Nifty loose more than 200 points from the recent high. Volumes of trade came low now, this shows some consolidation. This consolidation may take one week or max two weeks. Risky trader may invest 25% of your money here because, Nifty EOD chart looks some bottom out level. So market may bounce from here. It shows bullish engulf pattern now.
                 Fibonacci retracement support is there in the range of 5883-5891 level. So closing below this level seems to be bearish  and bring to next bottom. So as of now we try to do small investment in this level seems to be good. Also some of mid cap stocks are in over sold level, so those stocks may  bounce or some consolidation will go from this level. Banknifty also seems to be move up & SBI result on 14th, If they produce good result then we may see 6000 level again.


Nifty resistance-5938-5943, 5960-5968(major)
Nifty support   - 5890-5880, 5852-5845(major)  

Allahabad bank :Buy above 150 sl 145 target 
                           will be 156,163 (Positionally)
Jp associate      :Buy above 73 sl of 71 target
                           will be 74.5,76

PORTFOLIO ALERT

  Nifty 5900 PE  sl hitted. please go short nifty below 5880 sl of 5893 target later (spot level only).
 THANKS & REGARDS
      NSEBSENOW 

 

MARKET SUGGESTION FOR FEB-12

                               Weeks first day market starts with negatively. Also last two sessions nifty closed below the January month's low. Now market is fully in bears control. This trend is short term only, Long term trend is still bullish only. So this  is only correction. Suppose if nifty fall below 5815 or close below 5815 then we  may meet heavy correction. Upto that don't worry about market & try to buy near 5815 max sl of 5797.
                 We expect upto budget nifty never go below 5815, 5815 will Act as a major support for market now.Some of major firm results are expected this week.If they produce good result then market stable here. But please keep note one thing that is, every rise will be an shorting opportunity. This is the trend going on now.

Nifty resistance-5925-5929, 5960-5968(major)
Nifty support   - 5880-5875, 5852-5845(major) 

Tatasteel    :Buy near 383-385 sl of 381 target
                   will be 391,398
Union Bank:Sell below 231 sl of 235 target
                   will be 226,222

PORTFOLIO ALERT

  Nifty 5900 PE place sl at 53. If 5900 put hit sl  then try to Re-enter below 40.
 THANKS & REGARDS
      NSEBSENOW

NIFTY, STOCK RECOMMENDATION FOR FEB-08

                                         Last two days we unable to post views here, sorry for inconvenience. Anyway market moving as per our view only. We already told here that is market weak below 5968. Now market closed below 5968 for last 3 consecutive segment. So very soon we meet 5815 level, Because market now technically weak as well as sentiments are going negatively. As per Open interest nifty having little support at 5900 level but we don't thing nifty will take support there. We need some correction for healthy up move.
                     We thought nifty might fall freely below 5960, but it doing like Slow poison. Also Banknifty we said that below 12500 we may see 12000, now it came near 12300 very soon it will come down below or near by 12000.Don't go any fresh buy now, if anyone holding anything in profit please consider your profits here. Market falling down but still fii's pushing more money here. So they may indirectly hedge their holdings by using options.Now bears took the market in their control. Let us wait & watch where it will go???If market close below 5929 will be danger.

Nifty resistance-5968-5980, 6000-6007(major)
Nifty support   - 5920-5929, 5888-5893(major)

Our last calls relcapital & jain irrigation hit all targets.

Yesbank    : Sell below 504 sl 510 target

                   will be 499,494

Rpower     :Sell below 86 sl 87.5 target 

                 will be 84.2, 83

PORTFOLIO ALERT

  Nifty 5900 put activated at 48. keep hold, Once it cross 77 then put sl at 57.
 THANKS & REGARDS
      NSEBSENOW 

MARKET SUGGESTION FOR FEB-05

                              Market open gap up but not able to hold at higher level. we have seen some profit booking and closed again below 6000 mark. One more thing, that is  nifty premium was now just 9 points. Still we have more than 20days for expiry. but premium of nifty coming down.These things  gave some sell signal. We thought lots of shorts initiated.we are looking nifty below 5900 in 2-3 days. You may see nifty & bank nifty closed near our support level. All world market looking negative now.
                If nifty start fall then we are looking maximum down side would be 5815. But still FII's are pumping money in our market. So bulls last hope is now 5968-5960 level. nifty break this level & trade for 10-15 min then we may see 60-70 points very soon.

Nifty resistance-6000-6007, 6040-6046(major)
Nifty support   - 5960-5968(major), 5929-5935

RELCAPITAL target achieved hit 485

JINDAL STEEL call not activated

JAIN IRRIGATION : Sell below 71 sl 72 target 

                                will be 69.5, 68.40

REL CAPITAL         : Sell below 468 sl 474 target

                                 will be 463,459

PORTFOLIO ALERT

  Buy nifty 5900 put one lot if nifty break & hold below 5968 for 10-15 min
 THANKS & REGARDS
      NSEBSENOW

MARKET VIEW FOR FEB-4

                              All world markets are making new high but our market struggling to move up. We already said here that  rupee getting strong will impact on equity market. See now market lose more than 100points from recent high. Now market's only hope is FII's, If they do their process well as a bulls then nifty may go up. But $vs Rupee have to keep above 53. otherwise no one can save the market.
                    Now banknifty also seems to be weak.if any close below 12500 will bring to 12000 level very soon. so keep on your eyes in that. Nifty having good support at 5968-5960 zone, if it break this level then we may see 5800 level also. Now market looking for union budget, So next 2 months it may go range bound. Market highly bullish only above 6112 upto that do light quantity.

Nifty resistance-6020, 6040-6046(major)
Nifty support   - 5980, 5960-5968 (major)

RELCAPITAL   :Buy above 477 sl 473 target

                      will be 482,486

JINDAL STEEL :Sell below 413 sl 417 target

                       will be 408, 404

PORTFOLIO ALERT

      No update now....
 THANKS & REGARDS
      NSEBSENOW