Thursday, August 13, 2009

PRE-OPEN MARKET OUTLOOK(13-08-2009)

INDIAN MARKETS COMPLETED INTERMEDIATE TERM CORRECTION AND UP MOVE STARTED ON 13-07-2009 AT 3919 AND MY OUTLOOKS OF 13TH JULY AND BEFORE ARE LIVE PROOF OF THIS FACT THAT I TOLD WITH CALCULATION FOR CORRECTION COMPLETION AT 3930 AS WELL AS I ALSO TOLD AT (02:21 PM) ON 13TH JULY FOR "BUYING AND UPMOVE CONSIDERATION". IN THE SAME MANNER I WAS CLEARLY TELLING FOR THE LAST 2 DAYS FOR WATCHING 4380 AND NIFTY GOT SUPPORT AND RECOVERED FROM 4373.80 YESTERDAY. I ALSO INDICATED YESTERDAY AT 01:51 PM FOR "VERY SHORT TERM UP MOVE" WHEN NIFTY WAS TRADING AT 4389.45.FOLLOWING PICTURE OF SMS IS LIVE PROOF OF TRADING ACCORDING TO MY ANALYSIS BECAUSE NIFTY FUT AND CALL OPTIONS BUYING SMS WAS SENT AT 1:45:24 PM WHEN NIFTY AUG FUT WAS TRADING AT 4382:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1250135964840&aid=1234097281$pid=1250135964840
LONG TERM TREND IS ALREADY UP AND INTERMEDIATE TERM SURVIVED AT 4380 YESTERDAY THEREFORE IT IS ALSO UP. ALTHOUGH MONSOON WEAKNESS AND SWINE-FLU CONCERNS ARE THERE BUT AFTER POSITIVE GLOBAL CUES IF NIFTY SUSTAINS ABOVE 4510 THEN UPMOVE AND RALLY POSSIBILITIES WILL INCREASE. YESTERDAY INTRADAY CHARTS ARE SHOWING GOOD BUYING AT LOWER LEVELS THEREFORE FRESH BULLISH MOVE POSSIBILITIES ARE GOOD.
IT IS EXPECTED THAT NIFTY WILL CLOSE IN GREEN AFTER STRONG OPEN AND IF SUSTAINS ABOVE 4510 THEN FRESH RALLY WILL BE SEEN IN INDIAN MARKETS.
(LALIT KUMAR DHINGRA)

Wednesday, August 12, 2009

PRE-OPEN MARKET OUTLOOK(12-08-2009)

LONG TERM TREND IS UP,SHIRT TERM TREND IS DOWN AND INTERMEDIATE TERM WILL BE DOWN BELOW 4380. IF INTERMEDIATE TERM TURNS DOWN THEN THAT WILL BE A BLOW TO INDIAN MARKETS. AS INDIAN MARKETS WILL TRADE IN RED FIRST AFTER WEAK OPENING THEREFORE WATCH 4380 ALSO AND IF SUSTAINS BELOW IT THEN SHARP DOWN MOVES WILL BE SEEN. ALTHOUGH LONG TERM TREND IS UP AND UNTIL IT IS TILL THEN RALLY HOPES CAN NOT BE GIVEN UP BUT FOLLOWING THREE NEGATIVE FACTOTOS HAVE MARRED RALLY:-
1- WEAK MONSOON
2- SWINE-FLU
3- WEAKING GLOBAL MARKETS.
INDICATORS HAVE STARTED TO CONFIRM WEAKNESS AND IF NIFTY SUSTAINS BELOW 4380 THEN NEXT HOPE FOR ON-GOING RALLY WILL BE FOLLOWING SUPPORTS:-
1- 4200
2- 3919
3- 200 EMA AND IT IS TODAY AT 3873.
I AM NON STOP TELLING FOR DOWN MOVES JUST BEFORE ITS BEGINING AND STILL EXPECTING MORE DOWN MOVES THEREFORE HOLDING SHORTING POSITIONS. MY SHORTING PROOF IS FOLLOWING SMS THROUGH WHICH I SENT SHORTING MESSAGE YESTERDAY AND MAY COVER WITH GOOD PROFITS IF I COVER IMMEDIATELY AFTER OPENING TODAY. JUST CLICK LINK TO VERIFY SMS:-
http://www.orkut.co.in/Main?uid=8275873050611306001#AlbumZoom.aspx?uid=15126964664090279701&pid=1250049495331&aid=1234097281$pid=1250049495331
RED CLOSING AFTER RED OPENING IS EXPECTED TODAY.

(LALIT KUMAR DHINGRA)

Tuesday, August 11, 2009

PRE-OPEN MARKET OUTLOOK(11-08-2009)

LONG TERM AND INTERMEDIATE TERM TRENDS ARE UP. SHORT TERM TREND IS DOWN AND IT STARTED DOWNWARD MOVE FROM 06-08-2009 AND I CLEARLY SHOWED MY DOUBTS ON UPTREND IN THESE WORDS:-
"ALTHOUGH ALL WHOLE SCENE IS BULLISH BUT UPTREND CONFIRMATION IS MUST UNDER THE SHADOW OF SWINE FLU FEAR AND IT WILL COME WHEN NIFTY WILL SUSTAIN ABOVE 4720"
I WAS BULLISH BUT FROM THE TOP I TURNED BEARISH. MY OUTLOOKS OF 7TH & 10TH AUG ARE LIVE PROOF OF THIS FACT THAT I CLEARLY TOLD FOR DOWN MOVES. WHEN SGX NIFTY WAS TRADING +93 THEN ALSO I TOLD FOR RED CLOSING YESTERDAY AND :-
"PERHAPS I AM ONE OF THE VERY VERY FEW THOSE PERSONS WHO HAD COURAGE TO TELL FOR RED CLOSING TODAY AFTER WATCHING BLASTING GLOBAL MARKETS AND SGX NIFTY TRADING AT +93 POINTS"
FOLLOWING 2 PICTURES OF SMS WILL CLEARLY PROOVE THAT I WAS BEARISH IN TRADING ALSO BECAUSE:-
1- I BOOKED PROFIT OF MY BUYING CALL WITHIN FIRST 2 MINUTES ON 06-08-2009
2- I GAVE ONLY SELLING CALLS ON 7TH AND 10TH AUG AND BOOKED IN WHICH I BOOKED PROFITS.
3- MY LAST CALL IS ALSO SELLING IN WHICH NIFTY AUG FUT WAS SOLD AT 4476 AND YESTERDAY LAST TRADING RATE WAS 88 POINTS DOWN AT 4388 AND TODAY COVERING AT OPENING WILL ALSO GIVE GOOD PROFITS.
LINK OF SMS-1:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1249957119280&aid=1234097281$pid=1249957119280
LINK OF SMS-2:-
http://www.orkut.co.in/Main#AlbumZoom.aspx?uid=15126964664090279701&pid=1249957123403&aid=1234097281$pid=1249957123403

TRADERS SHOULD CHANGE THEIR VIEWS IMMEDIATELY ACCORDING TO MARKET THEN PROFITS ARE GENERATED. I WAS ALSO BULLISH BUT AS SOON AS I FOUND DOWN MOVES SIGNALS I TURNED BEARISH WHICH ARE PROOVED FROM MY LAST 3 DAYS POSTINGS AND PICTORES OF SMS.

ALL TRENDS WERE UP BUT BELOW AVERAGE MONSOON AND SWINE FLU SPREADING NEWS STOPPED INDIAN MARKETS RALLY. NOW SHORT TERM TREND IS DOWN. IF NIFTY SUSTAINS BELOW 4380 THEN INTERMEDIATE TERM TREND WILL ALSO TURN DOWNWARD AND THEN MORE DOWN MOVES WILL BE SEEN. AS INTERMEDIATE TERM IS UP AND 4380 IS GOOD SUPPORT ALSO THEREFORE THIS LEVEL SHOULD BE WATCHED. NEXT SOPPORTS ARE;-

1- 4380
2- 4200
3- 3920

4380 SHOULD BE WATCHED FIRST AND SUSTAINING BELOW WILL GIVE SHARP DOWN MOVES. NIFTY WILL TRADE FIRST ITS LAST 15 MINUTES RANGE(4400-4340) OF YESTERDAY AND ITS BREAK OUT WILL GIVE NEXT VERY SHORT TERM MOVE CONFIRMATION. MARKET REQUIRE COMPLETE CONSOLIDATION BEFORE ANY UP-MOVE THEREFORE 4400 IS EXPECTED TO RETEST AGAIN TODAY AND REAL RISK TO RALLY WILL BE BELOW 4380.

AFTER RED OPENING 4400/4380 SHOULD BE WATCHED. IF SUSTAINS BELOW 4380 THEN MORE DOWN MOVES AND RED CLOSING WILL BE SEEN TODAY.



(LALIT KUMAR DHINGRA)

Monday, August 10, 2009

PRE-OPEN MARKET OUTLOOK(10-08-2009)

LONG TERM AND INTERMEDIATE TERM TRENDS ARE UP AND SHORT TERM IS DOWN. SELLING FORMATIONS IN INTRADAY CHARTS OF LAST FRIDAY THEREFORE FOR ANY UP-MOVE GOOD CONSOLIDATION IS REQUIRED. IT IS EXPECTED THAT IN CONSOLIDATION PROCESS INDIAN MARKETS WILL TRADE WITHIN LAST FRIDAY RANGE IN THE COMING SESSIONS. ASIAN MARKETS TRADING WITH GOOD GAINS AFTER STRONG CUES FROM US MARKETS AND IT IS EXPECTED THAT INDIAN MARKETS WILL TRADE FIRST WITHIN FRIDAY RANGE(4465-4580) AFTER POSITIVE OPENING. ALTHOUGH SGX NIFTY IS TRADING +90 AT THIS MOMRNT BUT I WOULD LIKE TO DRAW FINAL CONCLUSION FOR ANY RALLY FROM HERE AFTER CONFIRMING FRESH CONSOLIDATION PATTERNS TODAY.

ALTHOUGH I AM EXPECTING RED CLOSING AFTER GREEN OPENING BUT GLOBAL CUES ARE TOO MUCH STRONG TODAY THEREFORE WOULD LIKE TO WATCH FIRST 3 HOURS TRADING PATTERNS FOR FINAL CONCLUSION.


(LALIT KUMAR DHINGRA)