NIFTY FUTURE TRADING LEVELS-31ST MARCH 2009

GAPDOWN- TREND DECIDER 2916
BUY ABOVE 2931.50 SL2900 TGT 2948/81/3014/32
SELL BELOW 2900 SL 2931.50 TGT 2882/49/2744
OPENS FLAT-TREND DECIDER-3048
SELL BELOW 3032 SL 3063.50 TGT 3012/2981/2950/31
BUY ABOVE3063.50 SL 3032 TGT 3082/3113/45/64

NIFTY- LONG TERM OUTLOOK- APRIL-JUNE 2009

Nifty is again at a crossroad looking for direction. Immediate short term monthly levels for April is plugged at 2745- breakdown and 2823- breakout. Trend Decider is at 2784. Looking at the long term levels is also showing us that Nifty is strategically placed. One very important level for the year 2009 to look out for is 2755. We are trading very near to this level. The monthly close of March 09 should give us more clarity as to which direction Nifty will finally take for the next quarter. A closure above 2755 this March will take Nifty to 3335 and closure below 2755 will take Nifty to 2172.

NIFTY MONTHLY CHART - THE ROAD AHEAD FOR 2009

THE ROAD AHEAD

THE LONG TERM MONTHLY CHARTS SHOWS NIFTY TRADING BETWEEN 2960 & 2755. CROSS OR BREAK OF ANY OF THE ABOVE LEVELS WILL SET THE TREND.

NIFTY CHART AS ON 18TH MARCH-FALLING WEDGE

Falling wedge pattern indicates a top of 2841. A reversal from this level indicates continuation of this pattern and the target is around 2513. However two or three consecutive closes above this level will negate this pattern. Trade accordingly.

INTRADAY NIFTY TRADING CALL/LEVEL-13TH MARCH 09

INTRADAY NIFTY FUTURE TRADING LEVEL/CALL FOR 13TH MARCH UPDATED

VISIT www.nsefutures1.blogspot.com

INTRADAY CALLS GIVEN ON 12TH MARCH

CALLS GIVEN FOR 12TH MARCH
NIFTY FUTURE
BUY ABOVE 2596 SL 2578 TGT 2605/2624/2684/2692
SELL BELOW 2578 SL 2596 TGT 2568/2549/2531/2521

(NIFTY FUTURE ACHIEVES 2ND TARGET ON BUY SIDE)

BANKNIFTY FUTURE
BUY ABOVE 3449 SL 3405 TGT 3473/3519/3666
SELL BELOW 3405 SL 3449 TGT 3381/3335/3289/3265

(BANK NIFTY ACHIEVES IST TARGET ON SELL SIDE)

NIFTY TRADING LEVELS-12TH MARCH

INTRADAY NIFTY TRADING CALL/LEVEL UPDATED. VISIT WWW.NSEFUTURES1.BLOGSPOT.COM

CALLS GIVEN ON 09TH MARCH 2009

INTRADAY TRADING CALLS -09 MARCH 2009

NIFTY FUTURE
BUY ABOVE 2612.50 SL 2588 TGT 2625/2651/2731
SELL BELOW 2588 SL 2612.50 TGT 2575/2550/2525/2511
(ALL 3 TARGETS MET ON SELL SIDE)


BANKNIFTY
BUY ABOVE 3530 SL 3469 TGT 3563/3627/3830
SELL BELOW 3469 SL 3530 TGT 3436/3372/3308
(ALL 3 TARGETS MET ON SELL SIDE)

INTRADAY TRADING CALLS -06 MARCH 2009

CALLS GIVEN ON 06 MARCH 2009
ALL TARGETS MET IN NIFTY FUTURE AND BANK NIFTY FUTURE

Nifty Future
Buy above 2548.50 sl 2525 tgt 2558/2576/2595/2605
Sell below 2530 sl 2548.50 tgt 2520/2502/2442/2434
Bank Nifty Future
Buy above 3364 sl 3312 tgt 3392/3446/3500/3529
Sell below 3312 sl 3364 tgt 3283/3229/3056

INTRADAY TRADING LEVELS 05 MARCH

CALL GIVEN FOR 5TH MARCH

NIFTY FUTURE

BUY ABOVE 2659.50 SL 2645 TGT 2667/2682/2730

SELL BELOW 2645 SL 2659.50 TGT 2637/2622/2607/2599/2585/2562

ALL TARGETS ACHIEVED ON SELL SIDE

INTRADAY CALLS-04 MARCH

NIFTY TRADING LEVELS GIVEN FOR 4TH MARCH

INTRADAY TRADING LEVELS-04 MARCH

NIFTY FUTURE

BUY ABOVE 2593.50 SL 2574 TGT 2603/2622/41/51

SELL BELOW 2574 SL 2593.50 TGT 2564/45/2483

NIFTY REACHES 3RD TGT

INTRADAY TRADING LEVELS -03 MARCH

CALL GIVEN FOR 3 MARCH

NIFTY FUTURE

SELL BELOW 2594.50 STOP LOSS 2620.50 TGT 2580/2553/2467

BUY ABOVE 2620.50 STOP LOSS 2594.50 TGT 2634/2661/2688/2702

CALLS GIVEN ON 2ND MARCH

INTRADAY TRADING LEVELS 02 MARCH 2009

NIFTY FUTURE
BUY ABOVE 2757 sl 2739 tgt 2767/85/2803/14
sell below 2739 sl 2757 tgt 2728/10/2692/2681

BANKNIFTY-
BUY ABOVE 3847.50 SL 3819 TGT 3864/92/3920/37
SELL BELOW 3819 SL 3847.50 TGT 3801/3773/45/28

SBIN-FUTURE
BUY ABOVE 1023.50 SL 1019 TGT 1026/30/34/36
SELL BELOW 1019 SL 1023.50 TGT 1016/12/08/05