THE SUPREME POWER

THE SUPREME POWER

Thursday, July 30, 2009

NIFTY VIEWS ON 30.07.2009

NIFTY FUTURE IS STRONG OVER 4495 & WEAK BELOW 4455
LAST CLOSE 4512.05
TREND DECIDER FOR TODAY <<<4500 - 4525>>>

BUY ABOVE 4528.05 SL 4508.75
TGT 4539.55 - 4554.15 - 4567.45 - 4579.25 - 4591.70 - 4601.15

IF TRADES ABOVE 4600 FOR 5-10 MINS HOLD LONGS FOR 4624 - 4648 - 4664 - 4685
BE CAUTIOUS AT HIGHER LEVELS. IF NIFTY FUTURE CLEARS 4650-75 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. ABOVE 4650 - 4675 POSITIONAL TGT 4700-4800

SELL BELOW 4500 SL 4520.25
TGT - 4490.40 - 4477.15- 4467.15- 4452.15

IF TRADES BELOW 4450 FOR 5-10 MINS SELL FOR TGT 4431 - 4421 - 4408
BELOW 4400 PANIC SELLING UPTO 4380 POSITIONAL TGT 4300, 4210, 4160

WATCH THE LEVELS IN BLUE COLOUR ABOVE. THESE LEVELS MAY GIVE GUIDANCE ABOUT MARKET DIRECTION. DO NOT ALWAYS WAIT FOR THE TARGET. BOOK PROFITS AT YOUR COMFORT LEVELS. BOUNCE BACK EXPECTED FROM 4425 - 4450 LEVELS IF REACHED .

IF MARKET OPENS ABOVE / BELOW THE RECOMMENDED LEVELS WATCH THE TREND FOR 10-15 MINUTES AND TAKE POSITION ACCORDINGLY WITH STOPLOSS AT NEXT SUPPORT / RESISTANCE. KEEP AN AYE ON UPDATES IN COMMENTS SECTION/YAHOO MESSENGER. NEVER BUY IN A FALLING TREND AND VICE VERSA

CONSIDERING CURRENT SCENARIO EXPECT MARKET TO OPEN FLAT . STAY LONG ON DECISIVE CROSSOVER OF 4535. NIFTY FUTURE SHOULD TRADE ABOVE 4435 FOR MINIMUM 5-10 MINS FOR FURTHER UPMOVE. THOUGH MARKET DATA SHOW FORMATION OF LONGS EXPECT HIGH VOLATILTY. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS. STAY CAUTIOUS ABOVE 4575

RISK LOVERS MAY TAKE A RISK OF 20-25 PTS. BUY AT/ABOVE 4480 SL 4455 FOR TGTS AS MENTIONED ABOVE. GO SHORT AT 4550 SL 4575 FOR LOWER TGTS AS ABOVE ......NOT FOR NORMAL TRADERS AS IN THIS CALL THERE IS EVERY POSSIBILTY OF HITTING STOPS

LEVELS MENTIONED ABOVE ARE FOR NIFTY FUTURE. USE STOPLOSS AS MENTIONED. HOLDING POSITION AFTER STOPLOSS LEVELS IS HIGHLY DETRIMENTAL. IF STOP HITS, WATCH THE TREND AND TRADE ACCORDINGLY WITH SL 20-25 PTS.
EXPECT HIGH VOLATILITY DUE TO EXPIRY

PLEASE WATCH UPDATES IN COMMENTS SECTION/YAHOO MESSENGER.
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA

11 comments:

DEEPA ACHARYA said...

BUY IDBI ABV FUT/CASH 103-104 SL 102 FOR TGT OF 105-107-109

BUY SUZLON FUT/CASH ABOVE 105 SL 102 FOR ATGT OF 107-110

BUY ABAN FUT/CASH ABOVE 999 SL 980 FOR ATGT OF 1019-1028-1035

BUY NDTV FUT/CASH ABOVE 135 SL 130 FOR A TGT OF 142 146.75

BUY THESE STOCK AT DIPS AS PER NIFTY FUT LEVELS. AS TODAY IS EXPIRY DAY PLEASE BE CAUTIOUS AND BUY IN RISING TREND

DEEPA ACHARYA said...

YESTERDAY'S FALL WAS PURELY OPERATOR DRIVEN AND LONG POSITIONS OF FIIs WERE CLOSED IN JULY AND LONGS WERE FORMED IN AUGUST SERIES AT LOWS. THE SAME GAME MAY BE REPEATED AGAIN TODAY. SO BE ON GUARD. TRADE THE LEVELS AS MENTIONED ABOVE AND TAKE QUICK PROFITS. BUY THE ABOVE STOCKS IN DIPS FOR GOOD RETURN.

PAVAN said...

mam
plzzz... add me
pavan_pgcil@yahoo.com
9966965991

mmshrvankumar said...

good morning deepa ji

DEEPA ACHARYA said...

GOOD MORNING FRIENDS

Jaya S said...

Hi Deepa...What a wonderful finale to an Expiry day. Thumbs up to your reading of the Mkt. Keep up the great work...All tgts reached .. Tks !!!!!

DEEPA ACHARYA said...

PAVAN YOU ARE ALREADY ADDAD IN YAHOO FROM YESTERDAY

Unknown said...

thanks for your post

Anonymous said...

dr deepa ur analysis is very good, but i am a biginor, i want separate tution. what shall i do

RK said...

On the fno closing day I normally do not enter in any trade. For the first time I traded with confidence based on ur confident calls. Bought mininifty at 4528 sold at 4566.. 36 points. Bought Aban 50 shares at 1010 booked profit at 1040. Total perfect gain of Rs:2200. This is possible purely based on not only ur calls but the continuous followup gaining confidence. Thank U Deepa for the encouragement and the great service ur doing. By heart I prey GOD be with U always and give U more strength and wealth. RK NAIDU

DEEPA ACHARYA said...

HI ANONYMOUS
PLEASE ADD YOURSELF AS A FRIEND. CLICK ON "JOIN THIS SITE" AND REST IS EASY. IF YOU WISH TO HAVE UPDATES IN YAHOO MESSENGER, LEAVE YOUR YAHOO ID HERE
THANKS
DEEPA ACHARYA

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