NIFTY TODAY TOMORROW: Nifty & Tata Steel Outlook for 3'rd Nov 2009 :-

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SMALL ATTEMPT TO LOOK IN TO THE FUTURE.... DO YOU KNOW WHAT IS GOING TO HAPPEN TODAY & TOMORROW? WHAT WILL HAPPEN IN MARKET BEFORE A DAY, A WEEK OR A MONTH?NIFTY TODAY TOMORROW IS ACTUALLY AN ATTEMPT TO BECOME PROFITABLE VENTURE. TODAY’S PROFITABLE TRADING IS MUCH EASIER AFTER KNOWING TOMORROW’S TREND. SAME TIME IT BECOMES A NIGHTMARE TO TRADE WITHOUT KNOWING TOMORROW’S TREND.

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Monday, November 2, 2009

Nifty & Tata Steel Outlook for 3'rd Nov 2009 :-

Dear Viewers,
Good Morning & Wish you Happy trading today............
Nifty future Closed 4708 with a loss of 70 points. Its cost of carry also decreased which shows short position either creating or because of uncertainty traders are cutting their long position. Some call writing seen in 4800 & 4900 strike prices.
Nifty future turned into a discount of 4 points from a premium of 24 points and 5 lakh shares were added in open interest. Market Open interest was 83 000 crore and Rs3,000 crore were added in open interest. Nifty call option added 59.00 lakh shares in open interest, whereas put option added 16.90 lakh shares in open interest

In Nifty Six months chart support seen around 4620 & 4550. if Nifty breaks 4400 & support is around 4200.
Nifty Chart (Six Month)

Tata Steel ADVANCE SCIENTIFIC Chart 3'rd Nov 2009 :-
(Forecasting this to happen during the Market Trading Hours)

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Wish you Happy trading................

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A WORD NIFTYTODAYTOMORROW CHART

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Nifty is Collection of Stock & indicator of market breadth. We find maximum calls for it. Generally Market Analyst predict market instrument in general way with traditional “IF” & “BUT”. “IF” shares rise to (X) level Then prices will up to (X+Y (resistance), still looks rising then (X+Y+Z(resistance). Share prices will be now Z level.

“BUT” share goes down from A level to support B(Support) level still brakes prices then new supportive price will be A-B-C is New Supportive price. Support & Resistance are never permanent. It changes day to day. Support & resistance is exists to broken. Generally Investor, Trader or analysts can’t decide which way market is moving that is only reason why Analysts always remains success full & trader always keeps trailing stop loss. Investor keeps losing his trading capital in hope to success.

Only God knows 100% & we are poor people. As a human being we may wrong at times. We all work together to rectify our mistakes. Our chart is without “IF” & “BUT” with advance prediction of market before market opens. We show chart with every minute trend with market. Hence maximum chances of wrong predictions at every minute & we are not hiding charts in “IF” & “BUT”. Nifty is highly volatile & combination of 50 volatile stocks. Which are also major concerns for us. If any of one stock gives erratic move then chart may be wrong. However proudly we have success ratio of 70% to 80%. We try to improve day to day this.

Still we request our followers to concern below mention things.

1. This is intraday chart & predicted & made before at least a week. So minor adjustment need to be done by Traders’.

2. Avoid First & Last fifteen minutes of market & let calm down the market. First or Last fifteen minutes are different zone.

3. Consider any major National or International events & their data to & their impact in charts.

4. Respect weekly, monthly, yearly high lows.

5. If you don't find trend according to chart then stay away.

6. Put appropriate trailing profit & stop loss in your trade.

7. Plan before you trade & stick to your trading plan.