Weekly post on Indian Market for the week February 6 2017 to February 10 2017

The resistances for Nifty are at 8773, 8838 and 8965 and the supports are at 8713, 8694, 8622 8595 and 8491. If the benchmark index conquers one resistance then it will head towards the next above and likewise if the Nifty breaches one support then it will slide towards the next support. 

We expect the week to be more of consolidation with a positive bias and gradual move towards our target of 8965 in the days to come.

As for the day traders, they may go long in Nifty futures if the spot Nifty trades above 8740 to book profits when the spot Nifty is at 8765. They may short the Nifty futures if the spot Nifty trades below 8721 to cover their shorts when the spot Nifty is at 8694.

We have revised the targets of the key stocks that we recommend to the subscribers of this blog. Moreover, few stocks have become attractive that we have recommended to be added to the portfolio. The subscribers may check their inbox. Those who haven't yet subscribed may consider following us through e mail.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Trading tips for February 3 2017

The day traders must trade with a bit of downside in mind. Chances are that the Nifty will be weak tomorrow and will consolidate as long as it remains above 8621.

That being said they may go long in the Nifty futures if the spot Nifty trades above 8742 to book profit when the spot Nifty is at 8776. They may short the Nifty if the spot Nifty trades below 8713 to cover it when the spot Nifty is at 8674.

There are excellent opportunities for mid term investors having a horizon of 2 weeks to 2 months but you will have to subscribe to this post to avail of them. Your subscribing is free of cost to you but a great source of inspiration for our team.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Trading tips for February 2 2017

With the budget and consequent euphoria behind us, the day traders may go long in Nifty futures if the spot Nifty trades above 8702 in the opening hour and book profit when the spot Nifty is at 8739. On the flip side they may short the Nifty futures if the spot Nifty trades below 8655 to cover their shorts when the spot Nifty is at 8610. A gap up may be sold into as we see a bit of consolidation after another steep spike upwards. The resistances for the day are at 8739 or 8780. The short term target for Nifty seems likely to be 8843 but this is only tentative and still too early to predict. It is just for the guidance. The supports are at 8658, 8608 and 8581.

The short term traders (with a horizon of 2 to 15 days may consider subscribing to this blog. It is free. There are excellent investment opportunities we have identified for our followers. Your subscription, which is free gives our team great inspiration.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Trading tips for February 1 2017

With the Union Budget of India slated during the ensuing session, nothing can be predicted as punters come into play on such occasions but the readers of this blog must have seen how exact we had been in our analysis of either/ or the traders must have profited on our short side equation.

Going forward, the day traders may go long in the Nifty futures if the spot Nifty trades above 8626 to book profit when the spot Nifty trades at 8657. On the flip side they may short the Nifty futures if the spot Nifty trades below 8567 to cover their shorts when the spot Nifty trades at 8531.

We like to share the good news with you that our short term traders and mid term investors have profited heavily, following our advice of going long in Gail and Hindalco and having squared off their positions yesterday. If you too want to join the band of those who make money without burning their fingers, follow this blog by subscribing... by clicking on the space below the time clock on the right hand side of this post. It's free and our aim is to protect the naive folks who get allured to the markets and loose.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Trading tips for January 31 2017

The day traders may go long in Nifty futures if the spot Nifty trades above 8650 to book profits when the spot Nifty is at 8688. They may short the Nifty if the spot Nifty trades below 8630 to cover their shorts when the spot Nifty trades at 8595.

There are excellent opportunities that our subscribers have capitalized on and there are a lot more yielding a +20% return per month to the short term traders and mid term investors. Looks Juicy? Subscribe and make money for free. Choice is yours as it comes for free.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Trading tips for January 30 2017

The day-traders may go long in Nifty futures if the spot Nifty trades above 8659 to book profit when the spot Nifty is at 8688. On the flip side they may consider going short in the Nifty futures if the spot Nifty trades below 8632 to cover their shorts when the spot Nifty is at 8607.

If you are a short-term trader or a mid term investor, subscribe to this blog to get trading and investment tips. It's free of cost. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Weekly post on Indian Market for the week January 30 2017 to February 3 2017

With the breakout in the previous week, the new resistances for the Nifty are at 8688 and 8764 and the supports are now at 8562, 8459, 8397 and 8191.

We advise caution as there can be nervous jitters in the market with all eyes riveted to the General Annual Budget of the Government of India on February 2 2017 which might or might not beat the expectations of the Financial fraternity. All you have to do is follow by e mail by submitting in the right hand side box below the clock, we offer free advice to those who subscribe to this post both for short-term trading as well as mid term investing. 

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.