ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥


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NEW TOP POSSIBLE TODAY

जो हिन्दू अपना और अपनी आने वाली पिड़िओं(Generations) का कश्मीरी हिन्दुओं जैसा इस तरह का भयावह हश्र देखना चाहता है वही मोदी जी,बीजेपी,आरएसएस और विहिप का विरोध करेगा।  

Mid-Session Outlook(15-07-2010)

ये परम सत्य है कि जिस तरह से कमीने कोंग्रेसियों,कुत्ते कम्युनिस्टों और सभी हरामजादे सेकुलरों ने हिंदुस्तान से हिन्दुओं को ख़त्म करके हिंदुस्तान को इस्लामिक देश 
बनाने का 70 सालों में षड़यंत्र रचा है 
उसे जड़ से उखाड़ फेंकने के लिए और 
हिंदुस्तान में हिन्दुओं को बचाने के लिए 
हम हिन्दुओं को 2039 तक मोदी जी की 
और उसके बाद 2054 तक योगी जी की 
बहुत,बहुत और बहुत ही जरूरत है। 

RALLY IS VERY MUCH ON

Pre-Open Market Outlook-1(15-07-2010)

Some profit booking between 5415-5440 yesterday therefore it is first minor resistance range. First support range is 5320-5380 therefore next broader trading range will be 5320-5440. Indian markets slipped firstly after double digit inflation and secondly after getting continuous weakening cues from European markets Yesterday but down move was not a result of genuine selling therefore until follow up selling does not develop till then further fall will not be expected.

Nifty will trade within 5320-5440 in the coming sessions and will prepare for next moves. 3rd wave is on and all trends are up as well as on going up move started after good consolidation at 5230 therefore complete selling patterns minimum on EOD charts required for begining of any down move and until that will not happened till then any down trend will not be imagined.

It has been the character of 3rd wave that 4 times intermediate term correction started after new top formation. Now it is million $ question is that this time intermediate term correction will start or not? My answer is no because:-

Pre-Open Market Outlook-2(15-07-2010)

1- Intermediate term correction started previously after complete distribution patterns formations and this time no such pattern yet.
2- Latest Upmove started after good consolidation and rounding bottom formations at 5230 as well as completion of short term correction. Good upmove is left yet after these bullish formations.
3- Flag formations few days back and It is the character of Bullish Flag that it is followed by a steep or nearly vertical rise.
4- MACD line intersected upward average line 2/3 days back in both Daily and Weekly MACD therefore these two have given more up moves confirmations.
5- Daily ROC and RSI have not entered into over bought zone therefore positive both indicators signalling more upmoves possibilities..

Indian markets are technically poised for upmove despite yesterday profit booking. If any devastating global cue does not emerge then fresh up move will start from coming sessions after some more consolidations.

After flat to positive opening expected that Nifty will not dip below 5320 and fresh up moves will start within next couple of sessions to form new highs of March 2009 rally.

VOLTALITY ABOVE 5400 DUE TO INFLATION DATA

Pre-Open Market Outlook(14-07-2010)

It is the day today for which I am telling non stop and can be verified in all my previous postings. As 2 weeks back short term correction was due to negative global cues without genuine selling therefore Indian markets recovered after first sign of global recovery.

All trends are up and Indian markets ignored weak IIP numbers and disappointung INFY result as wll as moved up sharply from day's lows and closed in Green after getting positive cues from US futures yesterday. As Nifty crossed 5400 by force despite last 2 sessions adverse news infected market therefore concluded that 5362 is now good support and until complete selling does not develop till then this support will not be broken.

Nifty will now trade above 5400 and for next moves possibilities I have already told in last 2 weekly analysis therefore not describing today. Wave 3 is on and its minimum target is 6359. Although I have already posted its calculations 10 months back but will again post in next weekly analysis.

Inflation data expected today therefore high voltality possibility can not be ruled out after gap up opening and positive zone trading. Positive closing expected despite high voltality.

Pre-Open Market Outlook(13-07-2010)

All trends are up and March 2009 rally formed new top yesterday. Infosys quarterly results will be declared today and positive results will lead not only Software & IT sector but may also give upward break out to last 1 year Rising channel and Indian markets are technically well poised for it at this moment also.

Indian markets slipped form day's nigher levels after weak IIP numbers yesterday and traded whole day within 5362-5400 and intraday charts are showing mixed conclusions due yesterday IIP numbers infected sentiments. Indian markets are technically prepared for a rally and positive news from INFY may give sharp upmove also.

Quiet global cues today morning and Indian markets were news effected yesterday and will also news based today therefore will be better to get confirmations from break out of yesterday trading range despite all positive technical factors.

News based market today therefore will be better to get confirmation from yesterday range break out and sustaining beyond. Technically Indian markets are well prepared for break out of last one year Rising channel and sharp rally and sustaining above 5400 today will mean begining of that move.

Just now got INFY DISAPPOINTING infy NUMBERS THEREFORE YESTERDAY RANGE SHOULD BE USED FOR CONFIRMATION OF NEXT IMMEDIATE MOVES.

BASE OF PREVIOUS WEEK BULLISH PREDICTIONS

कुंभकर्ण की नींद में सोये "ए हिन्दू" समझ ले  कि वो दिन बहुत दूर नहीं जब "कश्मीर" की जगह "तेरे शहर का नाम" लिखा होगा।