Nifty Prediction ( 3rd - 7th Jan )

Nifty Spot Closed @ 6134
Supports @ 6050-5960
Resistances @ 6202-6330

Strong/Weak Above/Below 6050

3 Weeks Back, We Said Strong Support @ 5750-5690. If Holds then Target 5950 and then 6050. Last Week, we said If Nifty Spot Closes Above 6050, then Target 6137-6202 and Nifty Hit @ 6147. Now Nifty Bullish Above 6050 Spot Level. In this uptrend Nifty will face next hurdle @ 6175-6202 and then Big Resistance @ 6330-6357. Hence, It's time to Hold All longs with trailing Sl. Trend will turn bearish only if closes below 6,000. We are long since 5770 levels as per our views too which we mentioned in last few weeks.



We, Wish you a Very happy New Year 2011. May next brings lots of Happiness and Wealth to all of you.


" Trade with Levels not with Hope "


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www.equityahead.com
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SPICEJET – Flying High

SPICEJET – Flying High

Nifty Future Prediction (27th - 31th Dec)

Nifty Spot Closed @ 6012
Supports @ 5950-5880-5770
Resistances @ 6070-6137-6202
Strong/Weak Above/Below 5950 Spot Closing

In Last 2 Week, We mentioned Nifty Spot has strong support @ 5750-5690. If Holds, it will move towards 5930-70 and then 6050-90. Nifty Made High @ 6017 after Crossing the hurdle @ 5950. For Next Week, Nifty will face major resistance @ 6050-90. Once Crossed & Closes above it will move towards 6137-6202 and failure will also make trend reversal. Now Nifty in Bullish mode with Strong Support @ 5950-5920. Its Buy on Decline Above 5920 which is 20 DMA. Closing Below 5920, it will turn bearish. Hence, HOLD/Buy on Decline with SL 5920 Spot Closing. Above 6070, Nifty will add more strength.


Medium Term Crucial Support @ 5555 & Resistance @ 6357 on Closing Basis.


" Trade with Levels not with Hope "


Regards,
www.equityahead.com
www.equityahead.net
www.equityahead.in

CHRISTMAS & NEW YEAR OFFER – ONCE IN A YEAR

CHRISTMAS & NEW YEAR OFFER – ONCE IN A YEAR

Nifty Predictions (20th - 24th Dec)

Nifty Spot Closed @ 5949
Supports @ 5850-5770-5690
Resistances @ 5980-6070-6180
Strong Above 5915 & Weak Below 5835 Spot Closing

Last Week, we mentioned Nifty has made double bottom @ 5750-5690, If Holds it will move towards 5930-70 and then 6050-90. Nifty Made high @ 5956. For Next Week, Nifty has Important resistance @ 6070 & Crucial Support @ 5870-30. As of now, this is pullback rally from Support 5690-5750 till 6070 with hurdle @ 5970. Until & Unless Nifty Spot Holds 5830 on closing basis, Its Buy on Decline for Upside 6070. Closing Above 6070 will break this range of 5700-6070 & will move towards 6180-6240+. Closing below 5830 will make bearish TGT. Hence, Time to Hold Longs with SL 5830
Spot Closing.


Medium Term Crucial Support @ 5535 & Resistance @ 6357 on Closing Basis.


" Trade with Levels not with Hope "


Regards,
www.equityahead.com
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Nifty Futures Outlook (13th - 17th Dec)

Nifty Spot Closed @ 5857
Supports @ 5750-5680-5520
Resistances @ 5930-6070-6200

Last Week, We mentioned Nifty will Face Hurdle @ 6030-80, If Fails to Cross then Downside target of 5865-5750 & Nifty Spot Hit @ 5721 on Friday. Now Nifty made Double Bottom @ 5750-5680 which will act as strong support for days to come. On Upside it will face hurdle @ 5930-70 & then Big Hurdle @ 6050-90. Until & Unless Nifty Breaks 6070 on closing basis, It will trade in Range of 5700-6070. On Last day, Nifty saw some pull back rally from 5721 level. Technically, Nifty Can see upward move till 6070 if holds 5750-5680. Closing Below 5680, Downside target 200 DMA i.e. 5520 and then 5400. Hence, One Can go long/Short Above/Below 5750 spot closing. Overall now trend Neutral. Bullish Above 6070 & Bearish Below 5750 spot Closing.

Medium Term Crucial Support @ 5520 & Resistance @ 6357 on Closing Basis.


" Trade with Levels not with Hope "


Regards,
www.equityahead.com
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www.equityahead.in

Nifty Futures Outlook (06th - 10th Dec)

Nifty Spot Closed @ 5993
Supports @ 5930-5865-5750
Resistances @ 6050-6140-6230

Last Week We, Mentioned, If 5670-30 Holds, Upside Target 6020 & Nifty Hit Exactly 6020+ this Week. For Coming Week, Nifty will face Hurdle @ 6030-80. Once Crosses All, it will move towards 6140-6230+, Now Trend is Bullish with Support @ 5930-5865. Some consolidation phase also possible before next 1 side move. Until & Unless 5930-5865 Holds, Short term is Bullish and any Decline is Buying Opportunity. Closing Below 5865, Short term Trend will become Bearish. In Addition, Failure of Crossing 6030-80 will lead to 5865-5750 in days to come. Hence, Watch out Nifty Spot level of 6030-80 for Fresh Long/Short.

Medium Term Crucial Support @ 5630 & Resistance @ 6357 on Closing Basis.


" Trade with Levels not with Hope "


Regards,

www.equityahead.com
www.equityahead.net
www.equityahead.in