FIRST OF ALL I AM REPRODUCING FUTURE OUTLOOK OF YESTERDAY WHICH IS RELEVANT TODAY:-
MY MARKETS OUTLOOKS ARE LIVE PROOF OF THIS FACT THAT I WAS BULLISH WITHIN 3 HOURS AFTER FORMATION OF BOTTON AT 3919 AND SINCE THEN I AM NON STOP BULLISH. NIFTY NOT ONLY CROSSED 4480 BY FORCE BUT ALSO SUSTAINED ABOVE IT. IN THIS MANNER ALL TRENDS ARE NOW UP AND INDIAN MARKETS ARE NOW VERY WELL PREPARED FOR STRONG RALLY WHICH WILL BE SEEN FROM TOMORROW. A MOVE BY FORCE GIVES VALIDITY TO THE STRENGTH OF THAT MOVE. I NOT ONLY SPEAK BUT TRADES ALSO AND FOLLOWING LINKS ARE LIVE PROOF OF THIS FACT THAT AFTER NIFTY CROSSING 4480 BY FORCE I SENT NIFTY BUYING 2 SMS FROM DIFFERENT WEBSITES TODAY:-
1- SMS SENT FROM 1ST WEBSITE:- http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248373650950&aid=1234097281$pid=1248373650950
2- SAME SMS SENT FROM 2ND WEBSITE :- http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248373650950&aid=1234097281$pid=1248373659034
I TOLD IT TODAY AND AGAIN REPEATING IT MOW:- "I AM EXPECTING THAT NOW IN THIS RALLY NIFTY WILL TEST 4693"
ASIAN MARKETS ARE POSITIVE TODAY MORNING AFTER US MARKETS STRONG RALLY YESTERDAY. AS ALL TRENDS ARE NOW UP THEREFORE IT IS EXPECTED THAT STRONG RALLY WILL BE SEEN IN THE COMING SESSIONS AND NOW NIFTY WILL CROSS 4693. INDIAN MARKETS HAVE ENTERED INTO RESISTANCE RANGE OF 4525-4693 THEREFORE MARKET WILL MOVE UP WITH CONSOLIDATIONS AND UPMOVES MAY BE SLOW ALSO.
SENTIMENT HEATED THEREFORE PROFIT BOOKING AND VOLTALITY MAY BE SEEN AFTER POSITIVE OPENING TODAY.
(LALIT KUMAR DHINGRA)
Friday, July 24, 2009
Thursday, July 23, 2009
PRE-OPEN MARKET OUTLOOK(23-07-2009)
IT WAS THE MOST VOLATILE DAY YESTERDAY. THERE WERE SELLING FORMATIONS ON 21-07-2009 THEREFORE MARKETS WERE DUE FOR DOWN MOVES BUT MOVED UP 89 POINTS FIRST AND AFTER THAT LOST 150 POINTS. AS PER MY VIEW YESTERDAY HUGE VOLTALITY WAS FOR CONSOLIDATION. AS HEAVY BUYING POSITIONS WERE FORMED BY GENERAL TRADERS THEREFORE FOR CUTTING OF THOSE POSITIONS YESTERDAY VOLTALITY DEVELOPED YRSTERDAY. ALTHOUGH I WAS EXPECTING THAT 4400 WILL BE TESTED BUT YESTERDAY UP MOVE WAS TOO STRONG AND IT CREATED IMPRESSION OF CONSOLIDATION AT HIGHER LEVELS.FINALLY MARKET CONSOLIDATED AMID HUGE VOLTALITY YESTERDAY.
AS PER MY VIEW INDIAN MARKETS ARE WELL PREPARED NOW AND WILL FIRST MOVE ABOVE 4480 AND THEN INTERMEDIATE TERM TREND WILL BE UP. I AM EXPECTING THAT NOW IN THIS RALLY NIFTY WILL TEST 4693(MARCH 2009 RALLY HIGHEST)
AS GLOBAL CUES ARE MORE OR LESS POSITIVE THEREFORE INDIAN MARKETS WILL OPEN POSITIVE AND WILL CLOSE IN GREEN TODAY.
(LALIT KUMAR DHINGRA)
AS PER MY VIEW INDIAN MARKETS ARE WELL PREPARED NOW AND WILL FIRST MOVE ABOVE 4480 AND THEN INTERMEDIATE TERM TREND WILL BE UP. I AM EXPECTING THAT NOW IN THIS RALLY NIFTY WILL TEST 4693(MARCH 2009 RALLY HIGHEST)
AS GLOBAL CUES ARE MORE OR LESS POSITIVE THEREFORE INDIAN MARKETS WILL OPEN POSITIVE AND WILL CLOSE IN GREEN TODAY.
(LALIT KUMAR DHINGRA)
Wednesday, July 22, 2009
PRE-OPEN MARKET OUTLOOK(22-07-2009)
AS I WAS BUSY TODAY MORNING THEREFORE COULD NOT WRITE IN DETAIL AND REPRODUCING YESTERDAY FUTURE OUTLOOK OF POST CLOSING REPORT BECAUSE FOR TODAY MARKET MY VIEW IS SAME:-
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
PRE-OPEN MARKET OUTLOOK(22-07-2009)
AS I WAS BUSY TODAY MORNING THEREFORE COULD NOT WRITE IN DETAIL AND REPRODUCING YESTERDAY FUTURE OUTLOOK OF POST CLOSING REPORT BECAUSE FOR TODAY MARKET MY VIEW IS SAME:-
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
PRE-OPEN MARKET OUTLOOK(22-07-2009)
AS I WAS BUSY TODAY MORNING THEREFORE COULD NOT WRITE IN DETAIL AND REPRODUCING YESTERDAY FUTURE OUTLOOK OF POST CLOSING REPORT BECAUSE FOR TODAY MARKET MY VIEW IS SAME:-
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
AS INTRADAY CHARTS OF MANY STOCKS AND INDICES ARE SHOWING GENUINE SELLING THEREFORE MORE DOWN MOVES ARE EXPECTED AND NIFTY MAY TEST 4400 TODAY. AS I WAS EXPECTING DOWN MOVES TOMORROW THEREFORE I SHORTED NIFTY F&O YESTERDAY WHICH WILL BE PROOVED FORM FOLLOWING LINK OF THAT SMS PICTURE WHICH WAS SENT FOR SELLING NIFTY JUL FUT. AND BUYING PUT OPTIONS:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248199401843&aid=1234097281$pid=1248199401843
FIRSTLY CORRECTION IS EXPECTED TODAY.
AS GLOBAL CUES ARE POSITIVE TODAY MORNING THEREFORE MARKET WILL OPEN POSITIVE BUT WILL BE DOWN FINALLY AND EXPECTED TO CLOSE IN RED TODAY.
(LALIT KUMAR DHINGRA)
Tuesday, July 21, 2009
PRE-OPEN MARKET OUTLOOK(21-07-2009)
SHORT TERM AND LONG TERM TRENDS ARE UP AND INTERMEDIATE TERM WILL ALSO BE UP WHEN NIFTY WILL SUSTAIN ABOVE 4480. ALTHOUGH NIFTY CLOSED ABOVE 4500 AT 4502.25 YESTERDAY BUT IT HAS TO SUSTAIN ABOVE 4480 IN THE COMING SESSIONS THEN INTERMEDIATE TERM TREND WILL BE UP. I AM NOT SAYING THESE WORDS AFTER WATCHING LITTLE WEAK ASIAN MARKETS AND RED TRADING SGX NIFTY BUT I TOLD THESE WORDS IN POST CLOSING REPORT YESTERDAY WHEN US MARKETS WERE TRADING WITH GOOD GAINS AFTER EUROPEAN MARKETS GREEN CLOSING:-
"SHORT TERM IS OVER BOUGHT AND SENTIMENT IS HEATED THEREFORE MILD CORRECTION IS DUE NOW. SUSTAINING ABOVE 4500 WILL BE WATCHED TOMORROW AND IF DOES NOT SUSTAINS ABOVE IT THEN MILD CORRECTION WILL BE SEEN"
AS I SUSPECTED MILD CORRECTION TODAY THEREDORE I BOOKED PROFIT ABOVE 4500 IN NIFTY F&O INTRADAY TRADE YESTERDAY. FOR PROOF JUST CLICK FOLLOWING LINK:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248145898085&aid=1234097281$pid=1248145898085
AT PRESENT SHORT TERM IS OVERBOUGHT AND MARKET IS JUST BELOW STRONG RESISTANCE RANGE OF 4525-4693. FOR ANY UPMOVE FROM HERE GOOD CONSOLIDATION IS REQUIRED AND IN THIS PROCESS MILD CORRECTION IS EXPECTED TODAY WHICH MAY BE INTRADAY OR 1-2 DAYS. WHEN AFTER EXPECTED CORRECTION NIFTY WILL START UPMOVE THEN WILL CROSS 4480 AND SUSTAIN ABOVE IT. AT PRESENT NO THREAT TO ON GOING RALLY AND EXPECTED THAT AFTER CORRECTION UPMOVES WILL REMAIN CONTINUED.
AFTER FLAT TO WEAK OPENING NIFTY WILL TRADE FIRST BELOW 4500 AND WILL BE VOLATILE. RED CLOSING MAY ALSO BE SEEN TODAY.
(LALIT KUMAR DHINGRA)
"SHORT TERM IS OVER BOUGHT AND SENTIMENT IS HEATED THEREFORE MILD CORRECTION IS DUE NOW. SUSTAINING ABOVE 4500 WILL BE WATCHED TOMORROW AND IF DOES NOT SUSTAINS ABOVE IT THEN MILD CORRECTION WILL BE SEEN"
AS I SUSPECTED MILD CORRECTION TODAY THEREDORE I BOOKED PROFIT ABOVE 4500 IN NIFTY F&O INTRADAY TRADE YESTERDAY. FOR PROOF JUST CLICK FOLLOWING LINK:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1248145898085&aid=1234097281$pid=1248145898085
AT PRESENT SHORT TERM IS OVERBOUGHT AND MARKET IS JUST BELOW STRONG RESISTANCE RANGE OF 4525-4693. FOR ANY UPMOVE FROM HERE GOOD CONSOLIDATION IS REQUIRED AND IN THIS PROCESS MILD CORRECTION IS EXPECTED TODAY WHICH MAY BE INTRADAY OR 1-2 DAYS. WHEN AFTER EXPECTED CORRECTION NIFTY WILL START UPMOVE THEN WILL CROSS 4480 AND SUSTAIN ABOVE IT. AT PRESENT NO THREAT TO ON GOING RALLY AND EXPECTED THAT AFTER CORRECTION UPMOVES WILL REMAIN CONTINUED.
AFTER FLAT TO WEAK OPENING NIFTY WILL TRADE FIRST BELOW 4500 AND WILL BE VOLATILE. RED CLOSING MAY ALSO BE SEEN TODAY.
(LALIT KUMAR DHINGRA)
Monday, July 20, 2009
PRE-OPEN MARKET OUTLOOK(20-07-2009)
INDIAN MARKETS GOT STRONG SUPPORT WITHIN POST ELECTION RESULTS GAP OF 18-05-2009 AND RALLY STARTED AGAIN. IT SEEMS THAT 2ND WAVE(1ST CORRECTIVE) HAS BEEN COMPLETED AND 3RD WAVE(2ND IMPULSIVE) HAS BEEN STARTED ON 13-07-2009 FROM 3919. AS PER ELLIOT WAVE 3RD WAVE(2ND IMPULSIVE) TARGET IS MINIMUM 6071(3917+2154).
3917- LOWEST OF 2ND WAVE(1ST CORRECTIVE)
2154- 1ST WAVE GAINED POINTS(4693-2539)
AS PER ELLIOT WAVE 3RD WAVE(2ND IMPULSIVE) REMAINS LONGEST AMONG 3 IMPULSIVE WAVES THEREFORE IT SHOULD SHOULD GAIN MINIMUM 1ST IMPULSIVE WAVES POINTS WHICH ARE 2154.
STRONG CONFIRMATION WILL COME WHEN NIFTY WILL SUSTAIN ABOVE 4480 BECAUSE IN THAT SITUATION INTERMEDIATE TERM TREND WILL ALSO BE UP. ALTHOUGH IT SEEMS ALMOST CONFIRM THAT NIFTY WILL SUSTAIN ABOVE 4480 AND CROSS ALSO 4693 (IST WAVE HIGHEST) BUT FOR SAFETY GET CONFIRMATION FROM SUSTAINING ABOVE 4693.
INDIAN MARKETS ARE ON THE VERGE OF RESISTANCE RANGE OF 4400-4480 THEREFORE SOME CONSOLIDATION REQUIRES TODAY. AS GLOBAL CUES ARE STRONG TODAY MORNING THEREFORE CONSOLIDATION WILL BE SEEN BETWEEN RESISTANCE RANGE(4400-4480) AFTER POSITIVE OPENING TODAY. GREEN CLOSING IS EXPECTED TODAY AFTER SOME VOLTALITY.
(LALIT KUMAR DHINGRA)
3917- LOWEST OF 2ND WAVE(1ST CORRECTIVE)
2154- 1ST WAVE GAINED POINTS(4693-2539)
AS PER ELLIOT WAVE 3RD WAVE(2ND IMPULSIVE) REMAINS LONGEST AMONG 3 IMPULSIVE WAVES THEREFORE IT SHOULD SHOULD GAIN MINIMUM 1ST IMPULSIVE WAVES POINTS WHICH ARE 2154.
STRONG CONFIRMATION WILL COME WHEN NIFTY WILL SUSTAIN ABOVE 4480 BECAUSE IN THAT SITUATION INTERMEDIATE TERM TREND WILL ALSO BE UP. ALTHOUGH IT SEEMS ALMOST CONFIRM THAT NIFTY WILL SUSTAIN ABOVE 4480 AND CROSS ALSO 4693 (IST WAVE HIGHEST) BUT FOR SAFETY GET CONFIRMATION FROM SUSTAINING ABOVE 4693.
INDIAN MARKETS ARE ON THE VERGE OF RESISTANCE RANGE OF 4400-4480 THEREFORE SOME CONSOLIDATION REQUIRES TODAY. AS GLOBAL CUES ARE STRONG TODAY MORNING THEREFORE CONSOLIDATION WILL BE SEEN BETWEEN RESISTANCE RANGE(4400-4480) AFTER POSITIVE OPENING TODAY. GREEN CLOSING IS EXPECTED TODAY AFTER SOME VOLTALITY.
(LALIT KUMAR DHINGRA)
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