NIFTY IN "6000" WHAT WE EXPECT NEXT?

ABOVE PICS HIGHLIGHTED PART IS 1 MONTH GRAPH OF NIFTY , SEP 2009 !!! & SEP 2010!!! BOTH HAVING SOME MATCHING . BOTH MONTHS BEARS FRIED & PUT BUYERS WENT TO HELL...
NOW WHAT WE EXPECT FROM HERE. AS PER "ELLIOT WAVE THEORY" NEW HIGH IS POSSIBLE IN THIS NEW YEAR 2010, HAS BECOME TRUTH.
ONLY REASON BEHIND THIS RALLY IS FII'S BUYING OUR DOMESTIC INVESTORS HAVE NET SELLERS SO FAR. RETAIL INVESTORS HAS TO WAIT FOR CORRECTION ,RUSHING FOR RUNNING BUS IS NOT SMART

REGARDS,
PEARL KUMAR

TRUTH BEHIND THIS BULL RUN

KINDLY TAKE A LOOK @ THIS PICTURE MARKETS ARE RALLYING FII PUMPING MILLIONS OF DOLLARS AND NOW WE(RETAIL INVESTOR) HAVE NO OPTION TO COVER OUR SHORT AND GO LONG BUT BEFORE DOING THAT REVEALING THE TRUE FACE OF THIS BULL RUN

REGARDS
PEARLKUMAR

WHAT'S HAPPENING IN DALAL STREET ? EOD REPORT SEP 15

AFTER SUCCESSFUL VOLUME BREAKOUT ON MONDAY NIFTY NOT EVEN GIVING BEARS TO ENTER IN THE SCENE.
KINDLY READ THE REASON FOR PAST 3 DAYS RALLY

MONDAY : IIP DATA IS GOOD !!!???
TUESDAY : REFRESHING NEWS FROM GLOBAL SIDE & GLOBAL MARKET SUPPORT !!!???
WEDNESDAY: DECLINED INFLATION FROM 9.8% TO 8.5 % !?!?!?

ON MY VIEW ALL 3 REASONS ARE FAKE BUT "SOMEONE" NEED REASONS TO BUY..

NOW WHAT IS ACTUALLY GOING ON? NOTHING BUT FII BUYING.THEY BOUGHT NEARLY 67k CRORES YTD.WHILE DII REMAIN NET SELLERS OF 17 K CRORES YTD.

NOW WHAT TO DO SHORT OR LONG ?!!
VERY RISKY TO TAKE LONG IN 32 MONTH HIGH SO BETTER AVOID EVEN IF U GET HUGE PROFIT THAT IS NOT PROPER WAY TO TRADE
NOW ALREADY LOT OF PEOPLE TRAPPED BY GOING SHORT @ 5600-5700 LEVEL THEY HAVE TO WAIT AS THERE IS NO WAY CUT POSITION IN LOSS.
FRESH SHORTS CAN BEEN DONE ONLY IF NIFTY CLOSES IN RED .

TECHNICAL CHART(6 MONTH):
STRONG SUPPORT @ 5801 & 5760 BELOW THIS LEVEL ONE CAN THINK NIFTY IS LOSSING GROUND.
STRONG RESISTANCE: 5888 BREAKING THIS LEVEL MIGHT TAKE NIFTY FOR MORE HIGH AS FII READY TO TAKE TO ALL TIME HIGH.

REGARDS,
PEARL KUMAR
SEP 15

WHY NIFTY BLASTED TODAY?!?!

KINDLY SPEND & WATCH THIS VIDEO TOTAL TIME 3 MINS TO KNOW WHY NIFTY BLASTED TODAY

AS PER TECHNICAL CHART VOLUME & UPPER BOND BREAK OUT, TOMORROW IF NIFTY TRADES ABOVE 5750 WITH VOLUMES EXPECT HUGE SHORT COVERING THAT WILL TAKE NIFTY ABOVE MORE HIGH

WHY TODAY NIFTY ROARED ?:
AS THIS SERIOUS BEGINS I TOLD NO NEW HIGHS ARE POSSIBLE . BECAUSE LOT OF CALLS BEEN WRITTEN HEAVILY AROUND 5500-5600-5700 HEAVY MEANS NEARLY 1 CRORE OPEN INTEREST IN ALL STRIKE PRICES AND VERY VERY MINIMUM PUTS BEEN WRITTEN. AS SOON AS NIFTY CROSSES5500 WITH VOLUME ,GLOBAL GUD NEWS FOLLOWS SUPPORTED BY DOMESTIC REPORTS(IIP) ALL THESE CALL WRITING HAS BEEN COVERED IN HURRY ESPECIALLY AROUND 5700 THAT'S WHY PANIC COVERING LED HIGHEST CLOSING ...

TODAY FII'S BOUGHT BULKY : 2,519!!! CRORES AS I TOLD "ATTENTION MANIPULATION" IN THIS WEEKLY PROJECTION.
WHILE: DII'S REMAINS NET SELLERS : -960 CRORES!!!

AS LONG AS FII'S BUYING NIFTY NEVER GIVE UP AS SOON AS FII'S START'S SELLING NO ONE CAN STOP THEM SO BE CAUTIOUS...

THOSES BOOKED PROFIT DON'T RUSH AGAIN REMEMBER THERE IS NO BULL OR BEAR LIVED LONG IN STOCK MARKET ...
REGARDS & LOVE
PEARL KUMAR

NIFTY OUTLOOK FOR NEXT WEEK

NIFTY REALLY REFRESHING AND OUTPERFORMING WHEN ALL GLOBAL MARKETS MIXED OR SUBDUED. SIGNALLING THAT NIFTY READY FOR NEW HIGH KINDLY READ BELOW LINES TWICE OR THRICE

1.WHEN NIFTY IS @ 5400-5500 LEVEL WE ALL READY FOR CORRECTION AND VERY CAUTIOUS ABOUT MARKET JUST WAITING OUTSIDE.
2.BUT NOW NIFTY SHOWING GOOD RESILIENCY AND DECOUPLED AGAINST GLOBAL MARKET AND SO MANY RETAILERS TRY TO STEP IN ASSUMING THAT NIFTY WILL SETTLE UP HIGH AND WILL NEVER COME DOWN.


NOW LETS LOOK @ TECHNICAL LEVELS FOR NEXT WEEK:
NIFTY SPOT : 5640!!! FUTURE:5630...
IMMEDIATE SUPPORT :5606
IF BREAKS 5606 NEXT SUPPORT 5587 & 5566 BELOW THIS NIFTY WILL SHOW WEAKNESS

IMMEDIATE RESISTANCE:5648
IF BREAKS 5648 NEXT TARGET WILL BE 5681 "5700" WILL BE NEXT TARGET FOR BULLS REACHING THIS LEVEL NIFTY NEEDS MORE FII MANIPULATION

option data's suggesting no harm for bulls until it stays above 5600 and it seems to be bulls covering "5600" too ..........

i.e: why i am mentioning fii manipulation because they can take out breath of nifty in one single day even one single stroke

OVER ALL NEXT WEEK NIFTY NARROW BOND EXTENDED FROM 5400-5600 TO 5400-5700

regards & love

PEARL KUMAR

NIFTY EOD CHART REPORT SEPTEMBER 8

PURELY TECHNICAL VIEW OVER NIFTY 6 MONTH CHART:
SELL,SELL & SELL ONLY BUT ONE SHOULD NOT BLINDLY FOLLOW THAT NIFTY HAS TO CLOSE BELOW 5568 TO INITIATE SHORT POSITION SO 5568 WILL ACT AS SUPPORT IN COMBINED WITH MAJOR SUPPORTIVE LEVEL OF 5492 & 5421 .
UPSIDE IS LIMITED AND NIFTY HITTING THE CEILING OF 5626 (WHICH IS THE IMMEDIATE RESISTANCE) AND FAILING TO CROSS. FRESH SHORTS WILL BE CREATED AROUND 5626 UNTIL NIFTY CONVINCINGLY CLOSES ABOVE 5626...

OPTION DATA INDICATION BULLS GETTING STRONG FOUNDATION AROUND 5500 AND FIGHTING FOR 5600 LEVEL TO MAKE NEW HIGH IN COMING WEEKS ...

OVER ALL FUTURE TRADERS WHO SOLD NIFTY AROUND 5550 LEVEL AND WAITING CAN HOLD AND NEW SHORT SELLING CAN BE DONE AROUND 5626-46 S/L 5675

REGARDS & LOVE
PEARL KUMAR SEP 8 2010

NIFTY SEP 7 EOD REPORT

AFTER HUGE RESISTANCE LEVEL OF 5550 LEVEL BROKEN NIFTY FEELS COMFORTABLE AND STAYS ABOVE 5600 LEVEL
AS PER EOD SPOT 5604 FUTURE: 5585

GOOD GLOBAL CUES FOLLOWED BY STRONG SUPPORT FROM METAL INDEX IS LAST 2 DAYS HELPED MOST TO REACH "5600" MARK

AS PER DATA'S : BULLS COVER 5500 LEVEL TOO HUGE PUT WRITTEN AROUND 5500 LEVEL AND BEAR LOST HOPE 5600 LEVEL TOO TEMPORARILY SUBDUED

AS PER TECHNICAL LEVELS : DAY'S HIGH OF 5626 LEVEL WILL BE RESISTANCE AND 5600 WILL DIS COMFORTABLE LEVEL FOR NIFTY .
OVER ALL CHART IS INDICATING SELL ONLY BUT NO MATTER NIFTY IS NOT GIVING UP!!!. MARKET LOOK LIKE BOOM MARKET BUT OVER ALL LET US LOOK OUT IN CAUTIOUS WAY
SUPPORT @ 5563-5520 IF BREAKS 5480 WILL BE GIGANTIC SUPPORT

NIFTY NEXT WEEK PREVIEW!!! SEP 06-10

SEEMS TO BE NARROW = NIFTY

THIS WEEK NIFTY END UP 1.3 % up spot: 5479 future: 5481

according to data's bear's are strong in 5500 to 5600 level & bulls strongly building a huge support @ 5400-5300
so there will narrow ranged trade 40-80 points bond until major good or bad news occurs.
important thing in these kind of market lot of option premium being eaten by fii's and they make retail investors fell in Their trap by creating illusion...

technical levels:

charts indicating mild up trend combined with panic down trend but always bulls not giving chance in last 3 months because "someone" is keep on buying buying buying when everybody fears that "someone" will buy more when everybody rushing to buy that "someone" sells every thing

better follow levels to tackle this narrow trend !!!
nifty minor support : 5474& 5455 major support: 5399-5376 bears need a huge force to break this level if they done it then nifty will take huge nose dive...

nifty minor resistance: 5501-10 major resistance: 5551 bulls need dual power to break this resistance and if they did it they can take up to 5600 but hard to do so

over all sell @ 5520-5545 level stop loss 5560

and can buy @ 5400-5420 level stop loss 5360

regards

pearl kumar

i.e: this week dow & europe markets rallied 3.5% if they takes some rest then that might test our market

NIFTY EOD REPORT SEPTEMBER 2 ND

IT SEEMS TO BE BULLS BACK ? BACK TO GRAB THE NIFTY FROM BEARS HARD HANDS??

WHAT WE HAVE SEEN IN LAST 2 DAYS AUGUST 31 & SEPTEMBER 1 IS REALLY BULLS RALLY??

WE ARE HAVING A LONG EXPIRY TIME OF 15 DAYS ... WHERE WE HEAD?

NIFTY : 5486 FUTURE:5484

ACCORDING TO DATA'S STILL 5500 IS HUGE BARRIER TO BREAK AND HARD FOR NIFTY TO STAY ABOVE THAT LEVEL. GDP NUMBERS & STRONG GLOBAL SUPPORT IN LAST 2 DAYS MIGHT HELPED BUT PROLONGING BULL RUN IS ONLY POSSIBLE IF NIFTY BREAKS AND CLOSES ABOVE "5550" LEVEL.
IN THE MEAN TIME 5400 LEVEL HAS BEEN SET AS A HUGE SUPPORTIVE LEVEL.

NOW LET'S TAKE A LOOK @ TECHNICAL :
NIFTY IS BULLISH !!! & REMAIN BULLISH UNTIL IT STAYS ABOVE "5453" BELOW THAT LEVEL NEGATIVE BIAS MIGHT TAKE NIFTY NEAR 5400 LEVELS BUT THERE IS HUGE SUPPORT AROUND "5395" LEVEL.

OVER ALL TOMORROW ONE CAN SELL NIFTY ON ANY JUMP OF 20 TO 40 POINTS ABOVE 5500 LEVEL STOP LOSS 5550


REGARDS