NIFTY TODAY TOMORROW: Morning Mantra for 24'th Jan 2014

Stop Gambling Start Investing

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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Friday, January 24, 2014

Morning Mantra for 24'th Jan 2014

Nifty future closed 6360 on 23^rd Jan 2014 Up by 7 point. Nifty futures premium rose to 14 points and low of 6222 nifty future risen 40 points. As predicted in weekly outlook American market closed red or negative yesterday, Dow closed -176 points -1.07%, Nasdaq -24 points -0.57%, S&P -16 points -0.89%. European market closed between negative yesterday. FTSE closed -53 points -0.78%, CAC closed -44 points -1.02%, DAX closed -89 points -0.92%. According to weekly outlook Trend is changing now. Yesterday because of this only around 6340 at 12:00 only because we send to exit message from long trading. There was thin volume in market and nifty future which was indication smart traders exiting from long positions.

In weekly outlook for today we had written I quote “On Thursday you may see fall in American market. Because of that only you may see red ticks in Asian and SGX nifty. Nifty may open lower and from their low you can buy it. You can sell nifty future at around 14:00 close which you bought in morning. Be prepare yourself for bearishness ahead. We have a RBI Policy and FOMC meet in USA next week”.

NIFTY INTRADAY SCIENTIFIC CHART 24'th Jan 2014
(Expected to happen during market timing)

SGX Nifty shows Negative points of -48 -0.70%, trading at 6318. Asian market is trading negative. Nikkei -245 points -1.56%. Hangseng -348 points -1.51%. this all predicted in our weekly outlook so I request you to go through both in weekly outlook and morning mantra both simultaneously daily basis. We send Weekly outlook on Sunday and morning mantra daily basis.

As SGX nifty future indicating Nifty future may open lower (Predicted in weekly outlook). We expect nifty future to take support around 6320 to 6300. Today nifty future has support at 6300,6280,6265 and resistance around 6350,6371,6388. We could not break the range in nifty future for entire week. Our chart shows positive trend for day up to 14:00 clock but today is last half trading positive trading day so only Aggressive traders take long position around 6290 to 6300 level in nifty future and book profit at appropriate level. We may repeat what happened yesterday but bears have upper hand now. Yesterday we opened lower from their we gave positive trend in market. We might see range bound or choppy trade today. We advise you to not to trade today. Don’t trap yourself in long today. If you make long then intraday only. Next week we see bearishness to emerge in market that is why we sent exit message yesterday at 12:00 clock. If you buy nifty future then put suitable stop loss in buying nifty future trade.

Thanks & Regards

Nishant Jani

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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.