Morning Mantra 3'rd March


On friday we said,

"Today’s rise may mislead to you. Trend is changing from positive to negative. After opening higher market will find selling pressure at every higher prices. Nifty future will find choppy or range bound movement during day. Nifty future will find selling pressure after 1:00 or 2:00 clock. Nifty may close negative. We have Q3 GDP number in India and also GDP in America. "

You can Book profit  6200 put at CMP 70 or 6100 put at 41  

You can Book Profit in nifty fu sold at friday.

NIFTY INTRADAY SCIENTIFIC CHART 3'rd March 2014

(Expected to happen during market timing)

 Thanks & Regards

 Nishant Jani

 9374083399

Morning Mantra for 3rd March 2014

Good morning,

All world markets are down as per our weekly outlook commentry sent to you last week. SGX nifty future is also down by 15 points. for today everything is written in Weekly outlook. Charts for this week are already with you from 20'th Feb. We already bought put on Friday closing basis and exited from long positions. 

Thanks & Regards

Nishant Jani
9374083399

Yesterday Nifty March future closed 6272 on 26^th Feb 2014 up by 28 point. Today we expect nifty march future to take support around 6250 at lower level and resistance around 6300,6329.

Today is first day of march expiry, we may open higher on better signals of American market. Yesterday American market closed Positive. SGX nifty future is trading positive. We have mixed trend today. While opening higher we may see rise in market up to European market opens. SGX is trading around 6313 +21 points up. Everybody on national television will be telling you target of 6400 to 6500 now.

Today’s rise may mislead to you. Trend is changing from positive to negative. After opening higher market will find selling pressure at every higher prices. Nifty future will find choppy or range bound movement during day. Nifty future will find selling pressure after 1:00 or 2:00 clock. Nifty may close negative. We have Q3 GDP number in India and also GDP in America. 

NIFTY INTRADAY SCIENTIFIC CHART 28'th Feb 2014

(Expected to happen during market timing)

Thanks & Regards

Nishant Jani

9374083399

Morning Mantra for 26'th Feb 2014 sent to paid clients in morning

Yesterday Nifty future closed 6205 on 25^th Feb 2014 up by 12 point.

As predicted in our weekly outlook, Tuesday American market close negative. As predicted in our weekly outlook SGX nifty future is trading negative. Nifty will try to recover from opening lower level. From lower level we may rise for 35 to 45 points up to 2:00 clock. After 2:00 clock we might see profit booking in market because of expiry day. Nifty future might close positive 30 points. But volatility not ruled out because of F&O expiry and GDP data on 28’Th February.

Today we expect nifty to take support around 6180 at lower level and resistance around 6227,6239. We have positive trend from lower level today. Today nifty future may make a low around 6178 and make a high 6244.  We have to exit from longs after expiry for that march chart already sent to you.

NIFTY INTRADAY SCIENTIFIC CHART 26'th Feb 2014

(Expected to happen during market timing)

Thanks & Regards

Nishant Jani

9374083399

NIFTY INTRADAY SCIENTIFIC CHART 24'th Feb 2014

NIFTY INTRADAY SCIENTIFIC CHART 24'th Feb 2014

(Expected to happen during market timing)

Chart seen below given to paid clients on Sunday.

Thanks & Regards

Nishant Jani

9374083399

Morning Mantra for 20th Feb 2014

Yesterday Nifty future closed 6166 on 19^th Feb 2014 up by 27 point. Nifty recovered as per chart End of day after choppy or range bound trading.

Today SGX nifty future down by 51 points at 6117 (predicted in weekly outlook given on Sunday to paid clients). American market closed negative yesterday. Asian trading lower or negative (predicted in weekly outlook given on Sunday to paid clients).

Today we expect nifty to take support around 6120 or 6100 at lower level and resistance around 6170. We have mixed trend but mostly negative. Today we see initial gap down effect in market then short covering at end of market. FOMC meetings minutes announced yesterday night in America. FED Continued tapering in America. Today nifty future may make a low around 6100 around 11:30 to 12:00 p.m. means we will be falling from opening point of day for approx 50 to 60 points. We will recover because of short covering at end of day only. Today at a closing time we will be trading 20 to 30 points down. We will be closing negative 15 to 25 points.

NIFTY INTRADAY SCIENTIFIC CHART 20'th Feb 2014

(Expected to happen during market timing)

FOMC meeting meets outcome:

The Dow and S&P 500 shed more than 0.5%, and the Nasdaq lost 0.9%. Tech stocks have been hot lately though. The Nasdaq has gained for the past eight days. 

The Fed released minutes from its January meeting in which it decided to further reduce, or taper, its monthly bond purchases. Though last month's decision to continue to cut back on its stimulus measures was unanimous among the Fed's 10 voting members, investors looked for hints of how the Fed might act in the future. 

To that end, the Federal Reserve indicated that it may scrap its 6.5% unemployment rate target for raising the key federal funds rate since the jobless rate is quickly approaching that threshold despite weak gains in hiring. 

Additionally, the minutes indicated that there were some Fed officials who debated the possibility of raising interest rates sooner than anticipated as the economy improves. The Fed has otherwise maintained that it intends to hold down interest rates for the foreseeable future until the economy is stronger.

(source :- Leading websites.)

Thanks & Regards

Nishant Jani

9374083399