nifty calls

[MAGNET MAN]

magnet call for tuesday

first of all lets discuss the major bull trend.

the whole bull trend started from the level of 920(nifty) and 2904(sensex).

now thats for sure that we r in fifth wave of thiswhole bull run,

but this major fifth wave has tgt of 5100-5300, if fifth wave is partial faliure then and it has made the top of 4647 then we r heading towards some where near 2400.
but how to examine that fifth wave is faliure.

lets talk about extreme short term, right now we may be heading towards 4000 again
we have strong suuport at 3914.if we holds 3914 then we may move towards 5000 in coming months,and if we breaks 3914 then tgt is 3500.

and if we breaks 3500 also then tgt is 2400
but i strongly bielieve that fifth wave should not be faliure, the biggest reason is strong fundamentals of indian mkt.

so overall conclusion of long term view:

if we holds 3914 in coming days then long term tgt is 5100
if we break 3914 then 3500
3500 (if it happens) will become a trend dicieder, if we holds 3500 then tgt again is 5100, and if we break that wud confirm faliure of fifth wave, and tgt for that is 2400.

again coming to extreme short term scienario,
now if dow closes in green then expect our mkt to rally up to 4270 or 4330
either from 4270 or from 4330 it will take u turn for 4000-3914.

and if dow closes in red then expectrally to fizzle out in opening, and it will move towards 4000-3914.

warm regards
magnet man

 

[MAGNET MAN]

Magnet Calls For Wednesday

as expected, it moved towards 4000,

now 2maro expect side ways movement
over all trend we have discussesd

support1 4000
support2 3914

res 4230

bullish pattern in making, if we dosen't close below 4000 then expect 4432 in coming days.

warm regards
magnet man

 

[immi22_80]

Hi everyone,
Is anybody know about todays market?????????
Please post some expert replies on it...

 

[shahgauravk]

Re: Magnet Calls For Wednesday

as expected, it moved towards 4000,

now 2maro expect side ways movement
over all trend we have discussesd

support1 4000
support2 3914

res 4230

bullish pattern in making, if we dosen't close below 4000 then expect 4432 in coming days.

warm regards
magnet man

Hi Magnetman,
By when do you see this going upto 4432, will that be before expiry?

Regards,
Gaurav

 

[renu daga]

hi
magnet man,,
where are u looking for bullish pattern,,in nifty,,!!!!
can u explain,,which angle can estimate that nifty is forming such pattern,,only that in intra it is overosld ,and in daily baout to be
need ur guidance,,

 

[MAGNET MAN]

Magnet Calls For Thursday

as said yesterday bullish pattern in making, see its still in making.

now expect mkt. to move towards 4203( spot) tommarow.
where it will feel res. and will come down 40-50 points and use that decline to buy nifty , with sl of 4219(spot) for the tgt of 4260 in coming days.

if we trades below 4120 then short nifty.

intraday support 4120
intra res.4203

major support 4000,3971.

warm regards
magnet man

 

[MAGNET MAN]

hi
magnet man,,
where are u looking for bullish pattern,,in nifty,,!!!!
can u explain,,which angle can estimate that nifty is forming such pattern,,only that in intra it is overosld ,and in daily baout to be
need ur guidance,,

dear renu,
in words its difficult to tell u, that why i am seeing the bullish pattern in making. u knows its difficut to express somethings therotically.

but yes i was sseing see the result 2day itself.

i am not confirming that we have enterd in the buying mode but bulls r trying, this is what i am saying.
lets see in coming future that its strong enough attempt, to beat bears.

warm regards
magnet man

 

[MAGNET MAN]

buy nifty on dips for the tgt of 4265,

but buy on dips only, say somewhere near 4195(spot)

medium term tgt 4375.if we dosen't volitile support level

support has moved up 4155

sl 4154

warm regadsrrd
magnet man

 

[bigdad]

Good, keep up

 

[renu daga]

what i think is nifty yestersday took bounce from oversodl zone ,,support and repecting the 200 dma,,,,,,,,,,dail..formed reversal yesterday..
and i think this reversal may last at 4400..with stiff res at 4230...

renu