Morning update Thu, 29thJan:

Yesterday, the NF buy call @2785 hits the exact target of 2850 as well most of the option traders almost doubled the investment in 2800CE. Those who are holding long /CE should use TSL after open itself.
Today, expect a +ve open and being a F & O exp day, the traders should try to exit all long positions before 02:00 pm and initiate Feb NF short / Feb 2900PE to carry for Mon 2ed Feb (short Feb 2900CE could be a better option).


http://niftypredictor.blogspot.com/

Morning update Wed, 28thJan:

Expect a flat or +ve open for Indian markets and traders should prefer intra-day trades initially. The period post noon indicates an upward trend heading towards a ‘bullish’ expiry. Any intra-day decline should be utilized to initiate long and such long should be carried for Thu open.

http://niftypredictor.blogspot.com/

Morning update Fri, 23rdJan:

Expect a flat open for Indian markets and some weakening is possible. Those who are holding shorts / PE should use TSL to save profits. High risk traders may carry shorts / PE for Tue open.

http://niftypredictor.blogspot.com/

Morning update Thu, 22thJan:

Expect a +ve open for Indian markets and traders should prefer intra-day trades initially. Any indication of weakening should be used to initiate PE (of higher levels only) and such PE / shorts should be carried for Fri.

http://niftypredictor.blogspot.com/

Morning update Tue, 20thJan:

Yesterday it was mentioned to cover all longs / CE before last hour of trade and the traders who had initiated ‘short’ / PE would be in good profit with –ve open today. The traders should prefer intraday trades with ‘short on rise’.

http://niftypredictor.blogspot.com/

Morning update Mon, 19thJan:

On Friday it was mentioned in the chat room to initiate 2800CE for Mon. Today, expect a +ve open and the traders who had initiated long / CE should use TSL to protect profits. One may initiate with long for intra-day trade and all longs / CE should be covered before last hour of trade.

http://niftypredictor.blogspot.com/

Morning update Fri, 16thJan:

Expect a flat or slightly +ve open for Indian markets and the nifty may try to retain levels for first hour of trade. Any indications of intra-day weakening post first hour should be used to add shorts / PE and the traders must book profits in shorts / PE at the end of day. The oncoming Monday indicates strong chances for yet another bounce and its better not to carry any un hedged positions.

http://niftypredictor.blogspot.com/

Morning update Thu, 15thJan:

Yesterday it was clearly mentioned that “There are some chances for ‘heavyweight’ induced bounce which could be further used to short again”. Expect a gap down open today and those who have shorted at EOD (y’day) should use a close TSL to save profits after open. The traders may hold shorts / PE as well add more on intra-day bounce to cover at Fri EOD.

http://niftypredictor.blogspot.com/

Morning update Wed, 14thJan:

Morning update Wed, 14thJan:
The last hour recovery in dow and +ve futures along with Asians trading firm this morning have influenced a pause for further drifting in nifty. Still no major up move is expected in initial hour and traders should try to reduce short / PE positions in the first hour of trade as well use close TSL for rest of the session. There are some chances for ‘heavyweight’ induced bounce which could be further used to short again.


http://niftypredictor.blogspot.com/

Morning update Tue, 13thJan:

Expect a flat open followed by some volatile movements initially. Yesterday, it was mentioned in chat room to book profits in short / PE and re-initiate today on any bounce. Those who are holding shorts / PE should use close TSL to save profits and if TSL struck, one may re-enter on some bounce. The traders should re-enter in short mode or in PE before Europeans open and hold for Wed open. The nifty may start further drifting after Europeans open and for tomorrow, there are some strong chances for a gap down open.

http://niftypredictor.blogspot.com/

Morning update Mon, 12thJan:

Those who are holding shorts / PE should use close TSL to save profits and if TSL struck, one may re-enter on some bounce. Those who have already booked shorts / PE should re-enter on bounce and carry for next two days.

http://niftypredictor.blogspot.com/

Morning update Fri, 9thJan:

Those who are holding shorts / PE should use close TSL to save profits and if TSL struck, one may re-enter on some bounce. Those who have already booked shorts / PE should re-enter on bounce and carry for next week.


http://niftypredictor.blogspot.com/

Patience paid well

The positional call was mentioned on Mon to hold shorts and buy 3100PE / 3000PE. Most of the members of chat room were holding 3100PE @ 130 and even lower (averaged )
Today, 3100PE blasted to 270.
This is the best example, how patience pays.
Some ‘Bull’ were challenging PE in chat room. I hope, the ‘Time’ have replied them well.



http://niftypredictor.blogspot.com/

Morning update Mon, 5thJan:

Morning update Mon, 5thJan:

The much awaited stimulus package, bullish US & European markets on Friday and the gap up open for Asians today morning could make traders ‘biased’ for 3.1K+ levels but it could be a ‘bull’s trap’.
Though the Asians opened gap up this morning, they could loose their opening gains gradually and there are strong chances to close in red.
As already mentioned in update for Friday, expect a flat or +ve open for Indian markets. However this bullish move would be for a very short life (just first hour of trade). Those who are long should exit at open itself and initiate short (NF) or buy 3100PE / 3000PE. The nifty may try to retain levels for first hour of trade followed by drifting to close in red.
The breach of 3010 would impart upper edge for bears and Tue indicates strong chances for a gap down open. The traders may carry their shorts / PE for Tue.


http://niftypredictor.blogspot.com/

Morning update Fri, 2ed Jan:

Morning update Fri, 2ed Jan:

The New year started on a +ve note and nifty touched 3050 mark as mentioned.
With many bullish signals indicating the probable target of 3.1K levels, the market is heading towards the possible fall on Mon.
Today’s trade & Mon open would be a intermediate phase between the achieved rise and probable fall ahead.
Though the Asians (Hangseng) opened on a highly bullish note, their up move is likely to be restricted after Indian open.
The traders should prefer intra-day trade with strict SL for either side. Any indications for weakening after a few minute of trade should be used to go short or buy 3100PE. The open for Monday would be a hurdle to carry those shorts and the traders should judge better with relation to performance of Europeans and Dow futures. (one may enter short / PE after Mon open also to avoid risk)
On Monday, the Nifty would drift after open followed by a gap down on Tue and the shorts / PE could generate good profits.



http://niftypredictor.blogspot.com/

Morning update Thu, 1st Jan:

Morning update Thu, 1st Jan:

Wish you all a Happy New Year.
Yesterday, it was a range bound trade with low volume as expected. Today, with most of the world markets being closed, expect yet another day with low volume but in a positive direction.
The traders may initiate long / call at the open for intra-day trade to cover at EOD.
Though the intra-day trade range is small, the crossover and trade above 2980 can take nifty towards 3050.


http://niftypredictor.blogspot.com/