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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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Wednesday, January 29, 2014

Morning Mantra for 29'th Jan 2014

Nifty future closed 6142 on 28th  Jan 2014 down by 6 point. Nifty futures premium rose to 16 points and low of 6086 As predicted in weekly outlook today and our chart first session will be positive due to better global positive trend from world markets. American market closed green or positive yesterday, Dow closed 90 points +0.57%, Nasdaq 14 points 0.35%, S&P 11 points 0.61%. European market closed between positive yesterday. FTSE closed 21 points 0.33%, CAC closed 40 points 0.98%, DAX closed 57 points 0.62%. According to weekly outlook Trend is changing now. SGX Nifty shows positive trend of +7, trading at 6144. Asian market is trading positive. Nikkei 261 points 1.75%. 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 (in that charts are already there) on Sunday and morning mantra daily basis. Today we have decision of FED meeting.

NIFTY INTRADAY SCIENTIFIC CHART 29'th Jan 2014
(Expected to happen during market timing)

As SGX nifty future indicating Nifty future may open flat to positive (Predicted in weekly outlook). We expect nifty to take support around 6120, 6100, 6078 at lower level And resistance around 6165,6182,6200. We expect profit booking in last trading session. Profit booking may start from 6189 to 6200 level. Bank stock and bank nifty also find profit booking in late trading session. Nifty may close negative -20 points to -30 points.

Thanks & Regards
Nishant Jani

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