Friday's Trading View 31-12-2010

Nifty In first half of the trading day struggled to cross TrendCalls Team  Resistance level of 6084-6090 & retraced a little to bounce back past our Resistance levels
Friday's Resistances to come at 6154-6160  & Supports to some at 6101-6107 & below that 6073-6079
Views Given By TrendCalls Team

Thursday's Trading View 30-12-2010

After a long time Nifty broke Resistance & went up but the ? is will it be able to maintain momentum.
Thursday Resistances are at 6084-6090 Nifty will face above that 6129-6136 & Supports are at 6044-6050 below that 6018-6024
Views Given By TrendCalls Team

Wednesday's Trading View 29-12-2010

Nifty was stuck as if glued by gum it did not moved much in the day.
Wednesday's Resistances to come at 6050-6056  & Supports are 5987-5993 clusters of Resistances & Supports are building in the range of  5960-5970 & 6035-6045 one of them needs to break to get a meaningful move on any side.
Views Given By TrendCalls Team

Tuesday's Trading View 28-12-2010

TrendCalls Team were again bang on Nifty, Support levels given were 5997-6003 & the low made by Nifty was   6005.2 
Tuesday's Resistances are at 6062-6068 & Supports are at 5965-5971 
Views Given By TrendCalls Team

Monday's Trading View 27-12-2010

TrendCalls Team View for Friday of Nifty was nearly exact on Supports 5968-5974 & Resistances 6035-6041 Nifty made a low of 5966.05 & High made was 6040.70
Monday,s Nifty Resistance levels are at 6079-6085 & Supports are at 6012-6018 below that 5997-6003
Views Given By TrendCalls Team

Domestic Issues For Next Week

In the previous issue TrendCalls Team wrote about markets consolidation & the sideways movement we will have to bear for quite some time. What we wrote was made evident by markets. The interest rate hike in China will have bearing on our markets also specially commodity stocks, But in medium term it is positive news if commodities correct as India & China both are big consuming nations of commodities & any slowdown or correction in commodity markets should have a positive impact on our consumers as inflation will cool down which in fact would be very positive for equity markets. Another big problem faced by domestic markets are food inflation & there is nothing that RBI can do about it as it is supply related problem & Government policies are the root cause for it.

Views Given By TrendCalls Team

International Issues For Next Week

Last week TrendCalls Team wrote about China & its property bubble & the likely effects of the bubble crash when it happens. Central bank in China is clearly worried about property prices & inflation & the surprise rate hike is only to avoid the escalation in inflation & property bubble. The markets are likely to react on the above said development. But would there be a sustained reaction on commodities or will it be temporary blip. The biggest consumer of commodities China has to be rationale in it's approach of consumption & development. The reckless money supply it created will ultimately come to haunt its citizens via inflation. The World is still divided in two parts developed economies trying to stimulate growth & developing economies trying to curtail inflation it can bring a double whammy for the growth starved economies. But in our view little less growth will help tame inflation & rising prices in all sorts of asset classes.
Views Given By TrendCalls Team 

Friday's Trading View 23-12-2010

Nifty was frozen in a very tight range so Nifty got closer to neither of the levels.
Friday's IMPORTANT PIVOTAL LEVEL FOR Nifty is 5982 Resistances are at 6035-6041 & Supports are at 5968-5974 any close above 6022 or below 5975 level to be important.
Views Given By TrendCalls Team

Thursday's Trading View 23-12-2010

TrendCalls Team was right again on both, Nifty momentarily went above our Resistance 6035 to make a high of 6043 to retrace till 5976.8 & our Support was at 5973

Thursdays Resistance are at 6042-6048 & 6084-6090 & Supports are placed at 5965-5971 below that it would be a sharp cut.

Views Given By TrendCalls Team

Wednesday's Trading View 22-12-2010

TrendCalls Team view on Nifty was nearly right again We gave Resistance at 6029-6035 & high made was 6022.
Wednesday if Nifty maintains above 6029-6035 it Resistance would come at 6078-6084 & Supports are at 5967-5973.
Views Given By TrendCalls Team

Tuesday's Trading View 21-12-2010

TrendCalls Team Resistance again came in handy & we were nearly exact when we gave Resistances 5999-6006 . Nifty made high of 5999.90 
Nifty picked up momentum from our Support levels in the morning to go all the way to our Resistances after a mild gap down opening below our Support levels 5932-5938
Tuesday Resistances are placed at 6029-6035 & Supports are placed at 5906-5912 & 5890-5894
Views Given By TrendCalls Team

Monday's Trading View 20-12-2010

Nifty fell 4 points short of TrendCalls Team Resistances of 5984 
Monday Resistance levels are at 5999-6006 & 6027-6033 & Supports are at 5932-5938
Views Given By TrendCalls Team

Domestic Issues For Next Week

RBI has given temporary relief to financial & equity markets by not hiking interest rates & easing liquidity by SLR & bond purchases. This has given some very short term boost to both the markets. But in TrendCalls Team view inflation will remain the primary target for RBI even if little growth is given off. Till now markets have been avoiding all bad news & are still hovering in the plus minus 5% zone of new highs. But in our view markets seems to be tired or will do long time consolidation or be in sideways movement for quite some time now. Dollar Euro & Yen movements will definitely influence our markets. The leadership was provided by bank stocks which are waning off & autos too will remain jittery from interest rate scenario. The only sector on out performance remains IT, but till when can it outperform?
Views Given By TrendCalls Team

International Issues For Next Week

Internationally & specially in US the bond yields are supportive of higher Dollar prices. The other factors determining the higher Dollar prices are the fear factor created by Eurozone.  Many countries there are on the  brink of default, had they not been supported by the special fund created by Eurozone .  This in turn will weaken yen & the new carry trade will begin from Dollar to Yen.  But in this whole process there still remains the threat of sovereign defaults. This is a long drawn picture it will not happen in near future. But this will be actual course the financial markets may take. Till then the ride will be bumpy & very volatile. Another scenario that may emerge is China & its property bubble which will eventually burst The ? is when & how, but when ever it happen it will create a much bigger void in financial & commodities markets than people can ever imagine.
Views Given By TrendCalls Team

Thursday's Trading View 16-12-2010

Nifty Resistance levels for Thursday's are at 5931-5937  & 5984-5990 & Supports are at 5852-5858
Views Given By TrendCalls Team

Wednesday's Trading View 15-12-2010

Nifty again found its day high  @ 5969.95  as the Resistance, as said by our TrendCalls Team levels of 5962-5968 .  

Going ahead Resistances for Nifty on Wednesday are at 6025-6035 levels but the zone between 6000-6100 will be the most crucial zone for Nifty in coming days to be crossed for strength Supports are at 5928-5934
Views Given By TrendCalls Team

Tuesday's Trading View 14-12-2010

Nifty just fell shy of TrendCalls Team Resistance of 5944-5950 & made high of 5940 in dying moments as the opening & high in nifty was same at 5985.
Tuesday Resitance levels are placed 5962-5968 & Supports are placed at 5964-5970
Correction. --Supports  are placed at 5864-5870
Views Given By TrendCalls Team

Monday's Trading View 13-12-2010

Volatility to remain & Nifty day ranges will expand Resistances level for Monday are at 5917-5923 & 5944-5950 & Supports to come at 5837-5843
Views Given By TrendCalls Team

Domestic Issues For Next Week

 News & Scams to remain main issues for this week & markets are likely to be driven by these two issues. There would be no clear direction as not much economics have been affected by any of these. May be towards end of the week markets will try to focus on economic issues till then its a bumpy ride. Liquidity is tight & TrendCalls Team had been very vocal in their stance towards inflation. So in our view suction of the liquidity was the right step taken by RBI. Now ? arises is,  whats next? Still buffer  Government spending has been parked with RBI & as soon as Government opens its coffers liquidity will be back. Postponing FPO's too, can indirectly let the liquidity flow into the secondary market. But will this liquidity be able to help equity markets or will this trend become sell on rallies. The answer to this lies in some days to come & In TrendCalls Team view markets can go in sideways mode for months to come so that we consolidate & digest the gains we had till now.
Views Given By TrendCalls Team View

International Issues For Next Week

ECB reaction to the markets forces will determine the Euro movement which in turn will guide Equity markets. Will the ECB & Euro-Zone countries bend to Euro hammering or will they stay put is the ? Japan on the other hand had always been on support of Quantitative easing & there is surplus amount of liquidity support provided by them & China is likely to exit its lax monetary policy in an orderly manner & are trying hard that it does not cause economic disruptions. But in TrendCalls Team View however hard they try there will be hard landing in China & it is inevitable. US on the other hand is paying high yields to the investors & the Dollars' strength is not at all reflective of the yields. The adjustments of the currencies world over has still not taken place completely & it will be very slow & painful process because the authorities involved are not letting the free market dynamics to play out. Politics is the center point in all economic activity all over the World & it may continue or worsen. The genie of inflation has begun its role on major parts of the world population & it will get worse if all these policies continue. Till then play for the burst of the bubble.
Views Given By TrendCalls Team

Thursday's Trading View 09-12-2010

Nifty Resistances at 5960-5966 & Supports are at 5888-5892
Views Given By TrendCalls Team

Wednesday's Trading View 08-12-2010

It was again a very volatile day Nifty break Supports & came back ferociously.
TrendCalls Team Resistances for Wednesday of Nifty are at 6036-6042 & 6060-6065 Supports to come at 5968-5973
Views Given By TrendCalls Team

Tuesday's Trading View 07-12-2010

Volatility volatility volatility was the name of the day Nifty broke Resistances & Supports both but not with lots of conviction on either side Trendcalls Team Support given was at 5998-6004 & low made by Nifty was at 5988 to close at 5992.

Tuesday move will be more stable as compared to Monday Resistances to come at 6053-6059 & Supports at 5968-5974

Views Given By TrendCalls Team

Monday's Trading View 06-12-2010

For Friday TrendCalls Team gave Supports at 5967-5973 & low made by Nifty was at 5972.05
As for Monday Nifty Resistances to come at 6047-6053 & 6063-6069 & Supports to come at 5998-6004
Views Given By TrendCalls Team

Domestic Issues For Next Week

The News flow on Domestic front is quite strong & many corporates have been hit by these non economic news flow & all for wrong reasons, But these news flow will indirectly create more stringent norms for corporate borrowers. Which in turn will create an impact on infrastructure companies which have long gestation periods & debt to equity ratio is skewed towards debt. This will certainly have an impact on the profitability of these companies. On inflation front there is some good news that food prices have started to stabilize & cement prices have started to drop. The over capacity in cement will dent the profitability of cement companies & it will take some time before this sector comes out of the shadows of overproduction.

Views Given By TrendCalls Team

International Issues For Next Week

In TrendCalls Team View markets will try to focus on ECB & Feds action & comments. Mr Bernanke is hell bent to give free flow of Dollars to the markets till a bubble is created in the markets. In his recent Statement he has indicated that they may exceed QE2 of 600 billion Dollars. The impact could be Dollars reversal & more fund flows to Emerging markets. On the other hand ECB started to buy bonds of the countries which are in peril.
In the real sense true economics is not the game anymore but interventions by Government authorities are keeping the markets on the roll & nobody knows how long they will keep supporting the markets till then its a one way journey. But as everybody knows bonds, equity, commodity or forex every market will discount this phenomenon in advance as we did in 2008 before the actual collapse started taking place.
Views Given By TrendCalls Team

Friday's Trading View 03-12-2010

Nifty opened gap up & went near TrendCalls Team Resistance level of 6044 & made a high of 6038.9
Resistances for Nifty for Friday are placed at 6063-6056 & Supports to come at 5967-5973
Views Given By TrendCalls Team 

Thursday's Trading View 02-12-2010

Resistances 6044-6050 & Supports 5838-5832
due to technical problem we are unable to write full artcile
Views Given By TrendCalls Team

Wednesday's Trading View 01-12-2010

Tuesday was a nasty day for bears Nifty opened lower made a new low & then went up till 5915 breaking past through TrendCalls Team Resistance of 5898-5892 to close just below Resistances at 5889.95
Wednesday's Resistances for Nifty to come at 5940-5946 & 5962-5968 Supports to come at 5827-5833
Views Given By TrendCalls Team 

Tuesday's Trading View 30-11-2010

Nifty missed TrendCalls Team Resistance of 5869 & made a high of 5864.2
As for Tuesday Nifty will face Resistances at 5898-5892 & Supports will come at 5740-5736
Views Given By TrendCalls Team

Monday's Trading View 29-11-2010

TrendCalls Team had not given any levels for Nifty for Friday & we had said markets movements are heavily skewed by News & it can be felt by Traders it self as stocks are giving very wild moves.
Monday's Resistances for Nifty are placed at 5869-5875 & Supports at 5658-5652
Views Given By Trendcalls Team

Domestic Issues For Next Week

The barrage of news is keeping markets on its toes, Volatility in markets are high & it will just rise further in coming days. Markets will react to all sorts of negative news with more intensity & positives will be taken with a note of caution. The negative sentiments are dominating the markets & good news or clarifications are just small supports. Rupee is depreciating which makes FIIs more venerable to the fall. If Dollar gathers momentum then FIIs will try to sell & get a exit at faster pace than they are doing now. The picture in TrendCalls Team View is still unclear as things are progressing in very fast manner. China & Dollar are holding key for the markets. These 2 factors along with domestic news flow will decide the very near future of our markets.
Views Given TrendCalls Team

International Issues For Next Week

Markets are jittery & in cautious mode after Ireland episode, TrendCalls Team wrote about this long ago before markets even factored this Issue. Now on markets would be looking for who is next in PIIGS countries after Greece Ireland gone next may be Spain & it is not a small country on the standards of bailouts, If Spain goes under water it will effect Euro heavily, thats what we are seeing in Euro prices. The spiraling effects could be on the commodities & they can retrace heavily. Second equation is of China which is tightening its monetary supply which can also put pressure on commodities. Which in general would be good for the health of the world economy in long term & inflationary pressure would be curtailed. But the ? remains what will happen to commercial properties & in the China if the tightening is too tight it will create a default rate too high which in turn will succumb banks with it too & it will create a havoc in financial markets. The markets will then adjust to the new dynamics very quickly & very sharply. Everybody will shift to safety, risk will be avoided Dollar will zoom defying gravity. These are just hypothetical views it may or may not happen. Caution in the air.
Views Given By TrendCalls Team

Friday's Trading View 26-11-2010

Bears are in control of the Nifty & Bulls are trying hard to find some breath. Trendcalls Team had not given any supports for the day & had said volatility will remain & it was visible in the Nifty.
 Supports & Resistances are purely on the charts and they may not work real time, as the market movement is heavily skewed by news. Nifty needs time to stabilize probably from Monday onwards we get back to normal markets.
Views By TrendCalls Team

Thursday's Trading View 25-11-2010

It was again the day of  News flow, which made the Nifty highly volatile & bearish. Nifty opened above TrendCalls Team Resistance levels of 5932-5937 & made high of 5987.40 to be hammered down by news.

Thursday would be news driven volatile & expiry day Resistances are at 5914-5920 Supports not mentioned as expiry & news will create extreme movements.

Views Given By TrendCalls Team 

Wednesday's Trading View 24-11-2010

Nifty was a open slaughter house for bulls. TrendCalls Team gave Supports at 5863-5857 but the low made by Nifty was 5821.8 with an equal & fierce bounce back to close at 5934.
Wednesday Resistances & Supports for the Nifty will be dependent on many news flow & how the markets digest them, Resistances if gap down will come at 5932-5937 Supports are at 5879-5885
Views Given By TrendCalls Team

Tuesday's Trading View 23-11-2010

After many day's of bear hammering bulls bounced back with vengeance Nifty after breaking TrendCalls Team Resistances of 5928-5934 & 5963-5969 & made a high of 6027.3
TrendCalls Team Nifty Resistances for Tuesday are 6061-6067 & Supports are at 5863-5857
Views Given TrendCalls Team

Monday's Views For 22-11-2010

Friday was big day for bears & Nifty took Supports at the Support levels 5864-5870 provided by the TrendCalls Team 
Monday's Resistances for Nifty are placed at 5928-5934 & 5963-5969 Supports are at 5815-5821
Views Given By Trendcalls Team

Domestic Issues For Next Week

Inflation is the key fear for Domestic markets & how the Central bank (RBI) reacts to inflation in the future will decide the course of the markets. Second issue is, there are lots of fresh issues lined up in the Primary markets sucking up good amounts of liquidity from Secondary or from the incremental foreign inflows. The issue sizes are bigger with lots of good domestic companies waiting to tap the Primary markets. In the past TrendCalls Team had raised many times the issue of inflation & how this demon will come to haunt the markets. In our view markets & Central bankers over do the move on both sides of the curve. The discrepancies created by the moves is what good traders or investors take advantage of . In the coming times eventually the over tightening discrepancy would be created . We request our readers to take notice of this discrepancy & keep this notion in the back drop of their minds so they can take full advantage of the same.
Views Given By TrendCalls Team

International Issues For Next Week

As TrendCalls Team had stated in our previous International issues about PIIGS & Yuan appreciation both the points were highlighted by the markets. China stocks indices retreated sharply on fear of Government would take aggressive stance & Yuan appreciation would hit exporters. In our view China would have to exit its loose monetary policy & moderate its growth.The sooner it is done would be good for China & the realignment of World growth too. Otherwise it would create a bubble bigger than SUB Prime which would eventually cause depression world over. The speed of monetization of assets in China & the role played by the Government to make the local bodies or regional Governments afloat will cause lots of pain financially & socially.
The Clash of Titans (USA v/s China) is creating multiple & confusing dynamics in the markets. Both countries Governments are reacting heavily in the natural functioning of the markets which is creating distortions. The question is who will budge first so that other may have its way.
Views Given By TrendCalls Team

Friday's Trading View 19-11-2010

Intraday traders would had noticed the power of Resistances at 6044-6050 given By TrendCalls Team . In early trading Nifty touched our Resistances & moved lower breaking Supports to touch a low of 5925.35

Resistances of Nifty for Friday are placed at 6098-6104 above that 6167-6173 & Supports are at 5864-5870.

Views Given By TrendCalls Team

Thursday's Trading View 18-11-2010

Last Trading session was the day of bears Nifty after breaking TrendCalls Team Supports of 6078-6084 made a low of 5975.25 & closed at 5994. Big stop loss for positional longs should be the break of 5900 on closing basis for Nifty.
Thursday's Resistances for Nifty are at 6017-6023 & 6044-6050 & Supports at 5946-5942
Views Given By TrendCalls Team 

Tuesday's Trading View 16-11-2010

TrendCalls Team Mondays view on Nifty was exactly on targets we gave Supports at 6054-6060 & low made  was 6060.25 & Resistances given were 6137-6143 & high made by Nifty was 6148.85 to close at 6134.5
As for Tuesday TrendCalls Team Resistances for Nifty are at 6178-6184 & Supports are at 6078-6084


Views Given By TrendCalls Team 

Monday's Trading View 15-11-2010

TrendCalls Team had given 6172-6178 as crucial Supports for the Nifty & the results are in front of us. We give Supports & Resistances for the benefit of the readers & patrons.

Mondays Resistances are 6137-6143 & Supports to come at 6054-6060.

Views Given By TrendCalls Team

Domestic Issues For Next Week

Major Domestic Issues for the week would be the liquidity scenario & how RBI reacts to it, On one hand they(RBI) raised crr to curb liquidity & now they are watch full again as liquidity has dried up. In last week issue TrendCalls Team mentioned that Fed bonanza would had been discounted by the markets already & now the markets are back to reality mode & the correction of the excessiveness already in place. In our view markets & Nifty are sideways till the next big trend emerges. Volatility will remain high triggering stop losses for traders on both sides. 

Views given By TrendCalls Team

International Issues For Next Week

In the last post of International Issues TrendCalls Team wrote about Euro & problems in Euro Zone specially in PIIGS countries & after our writing the post, problems came out of the closet in the public vicinity & the Euro was dragged down badly. Along with Euro Gold was also dragged down in which relative buying was going on against the Dollar's weakness. But we still maintain Dollar's weakness will continue over a longer time frame & for now the phase of consolidation all over the World will take place or we can say in another words that  excessiveness of the markets would get corrected.
China has bulged to the pressure of Yuan(Renminbi) & the appreciation is on with slow effects, In TrendCalls Team View the appreciation will gain momentum in coming days. But will the Yuan appreciation really help in cooling of inflation or it will create a death knell for exporters, what ever may be the result but surely it will help other exporting countries who were bogged down by Yuan policies.
Fed is on a rampage flooding markets with excessive supply of Dollars which in turn is creating artificial demand for all riskier asset class, will the upward trend continue depends upon how the real demand is created & how the manufacturers respond to adding capacities which in turn creates more jobs. In our view inflation is on & it will be the biggest monster of this decade if the authorities are not able to create sensible economic policies.

Views Given By TrendCalls Team

Friday's Trading View 12-11-2010

Dear Patrons & Readers TrendCalls Team stated in International Weekly Issues that there could be some problem for Euro & we can see the effects of our statement Euro reversed sharply despite Fed Giving 600 billion bonanza to the markets. TrendCalls Team reiterate that it is in the benefit of Patrons & Readers to co-relate & read the blog in totality so they may take the complete benefit of our intensive research work.
Friday's Resistance for Nifty are 6289-6295 above that 6307-6113 & cucial Supports are 6172-6178.
Views Given By TrendCalls Team

Thursday's Trading View 11-10-2010

Due to technical snag in our charting software we are not able to post. We will start posting as soon as possible.
TrendCalls Team

Wednesday's Trading View 10-11-2010

Volatility ruled Nifty through out the day & the close for the day was higher, TrendCalls Team Support for the day was at 6269 & the low made by Nifty was at 6261.55 & Resistance provided by us was at 6343 & high made was 6347.
Wednesday Resistances are at 6369-6375 followed by 6394-6400 & Supports are at 6298-6304 below that 6248-6254 
Views Given By TrendCalls Team

Tuesday's Trading View 09-11-2010

Nifty remained in a tight range today with downward bias & TrendCalls Team view on Euro & PIIGS given in International Issues came to highlight on Monday session itself.
Nifty level as per TrendCalls Team for Tuesday are as following Resistances are placed at 6338-6343 followed by 6392-6398  & Supports are at 6269-6275 
Views Given By TrendCalls Team

Monday's Trading View 08-11-2010

TrendCalls Team wishes that new samvat brings lots of prosperity for our readers & patrons. As said we are giving stocks to be held for a year 1)RelianceCapital 2)RelianceInfra 3)UnitedPhosphorous 4) NagarjunaFertilizer 5) DishTV  

As new rules came into effect Nifty is opening gap up or gap down Nifty have still not adjusted to the new rules it will be a slow process in TrendCalls Team View till then gap up & gap downs may prevail as a result volatility may rise. Monday's Resistances are placed at 6392-6398 & Supports are at 6183-6189

Views Given By TrendCalls Team 

Domestic Issues For Next Week

Markets shrugged off interest rate hike by Rbi & continued its upward momentum as Rbi is still far away from real rate off of interest & markets are taking note of liquidity created by other Federal banks of the world which will pour in Emerging markets but do the markets react how the masses think or they have already discounted what's in the news. Rbi spoke of capital inflows but they did not outlined how or what their action would be & what would be the intensity of the actions, Up till now they have been quite spectators to the inflows & the interest rate differential will make capital inflows more lucrative to FIIs so TrendCalls Team view is we are in for interesting times ahead & watchful approach to the events would be right way going forward.
Views Given By TrendCalls Team 

International Issues For Next Week

Fed the biggest bull of our times is on a rampage injecting 600 billion in the markets, Dollar made new lows as TrendCalls Team had been stating in our issues for quite some time. Now the ? arises is what's next, Dollar story in our view is little overplayed in very short term as Euro or we should say Euro zone & Japan will react to Dollar's weakness plus barring few countries in Euro zone they are not on a very solid footing. The markets are playing the relativity game to its hilt as markets in very short times are reacting to extreme ends of the ranges. Some Countries in Euro zone are facing high yields pressure & markets are not bulging to the strong Euro,  it may create problems for PIIGS countries in coming days, which in turn would create problems for Euro & it can change the dynamics very quickly in the world markets. In TrendCalls Team view investors need to maintain a cautious view now as most of the investing community is focussed on weakening Dollar.
Views Given By TrendCalls Team

Thursday's Trading View 04-11-2010

Nifty opened gap up above the Resistances of 6174-6179 given by TrendCalls Team  @ 6184. After trading in a narrow range found supports at those levels on its reverse trend from high of 6215,  to make a low of 6176.
TrendCalls Team  expects  Nifty to face  Resistances at 6217-6222 in today's trade & Supports to come at 6167-6172.

Views Given By TrendCalls Team

Performance

Wednesday's Trading View 03-11-2010

TrendCalls Team would give Diwali stock picks for our readers & patrons on Thursday 04-11-2010 for one year perspective so that readers & patrons would benefit for being with us Nifty was in tight range & did not moved much in the day.
Wednesday's Resistances lies at 6174-6179  & Supports lies at 6102-6106 we are giving smaller levels break of which will give bigger moves.
Views Given By TrendCalls Team

Tuesday's Trading View 02-11-2010

An extremely good day for Nifty bulls, Nifty opened gap up above TrendCalls Team Resistances levels & came down to take Support at the Resistances & continued its up move. There may be follow through gap ups & downs till Nifty settles down & takes a clear trend.
Tuesday Resistances to come at 6218-6225 & Supports are at 6098-6105 & 6068-6075 . Nifty moves to be erratic in a wide range.
Views Given By TrendCalls Team

Monday's Trading View 01-11-2010

Fiday trading sesion was quite volatile as TrendCalls Team had been expecting & at one point of time Nifty was in clear down trend but it reversed sharply to prove bears wrong. We expect volatility to continue for a little time more before Nifty takes a clear trend.

TrendCalls Team Resistances of Nifty for Monday are at 6066-6072 & 6097-6113 & Supports are placed at 5998-6004 .

Views Given By TrendCalls Team

Domestic Issues For Next Week

TrendCalls Team is posting some of the views from last week post (The markets are more likely to react on results specially on Reliance as it is bellwether & it has not moved much in last year. The markets will take the result of Reliance positively in our view. But still we maintain our view that markets will remain volatile before taking a clear direction) 

RBI policy will keep markets & interest rate sensitive sectors at tenterhooks volatility to remain high. RBI in this policy will also speak of capital inflows & the impact on Dollar & their likely intervention. Reliance due to its results will get its due focus from the markets & is likely to outperform. Markets is likely to take direction in this week & will form a clear trend.

Views Given By TrendCalls Team

International Issues For Next Week

US elections & Fed Intervention for increasing money supply is awaited by markets, the result of the elections may have neutral effects but Fed actions & words will be closely watched. The export driven market of the emerging economies, dependent on USA for its export is still in doldrum. The unemployment rate in US still remains stubbornly high & it will not come down until the mindset of manufactures changes from saving mode to building capacities. The Fed may be  thinking that by devaluing Dollar, they will be able to increase exports & decrease imports.  But in TrendCalls Team view, US is not competitive enough in any manufacturing field which they can export to world or to the masses of the world. The intellect gap between US & the rest of the world is closing fast. Now the ? arises what are the remedies for the path to recovery. In TrendCalls Team savings is the only way. It may be painful in short term but eventually it is the only right way to do things. Let the excess supply be taken care off by the natural process & the manufacturers will eventually start raising their capacities. 
Views Given By TrendCalls Team 

Friday's Trading View 29-10-2010

Due to extraordinary premium TrendCalls Team are not Nifty future levels for Fiday we are giving only cash levels, Resistance are at 6052-6058 & Supports are 5964-5958 we again reiterate these are Nifty spot(cash) levels .
Views given By TrendCalls Team 

Thursday's Trading View 28-10-2010

Last trading session was the day of the bears & bulls gasped for air after TrendCalls  Team Support of 6071-6077 broke on the Nifty on way down. Nifty tried 2 times to bounce back from Support level but eventually it was taken & the low made was 6005.
Thursday's session would also be the day of expiry of this month futures. Volatility will remain high,TrendCalls Team Resistances for Nifty to come at 6052-6057 & 6115-6121 Supports are at 5959-5964.
Views Given By TrendCalls Team

Wednesday's Trading View 27-10-2010

Supports for Nifty came at levels specified by TrendCalls Team 6091-6097 & low made by Nifty was 6094, Volatility remained high within a range bound market.
Wednesday's Resistance seen by TrendCalls Team are at 6152-6158 & Supports are seen at  6071-6077
Views Given By TrendCalls Team

Tuesday's Trading View 26-10-2010

Volatility in limited range was the highlight of the day vindicating TrendCalls Team point view that volatility is here to stay. Nifty opened gap up & tested our Resistance levels 6109-6115 & made high of 6180.
For Tuesday Trendcalls team is of the view that Resistances and Support levels are very big & important, as it may be give  further break up or down  directional moves. Resistance are 6198-6204 & Supports are 6091-6097.
Views Given By TrendCalls Team          Clients Testimony

Monday's Trading View 25-10-2010

TrendCalls Team stated in Friday's View that Nifty will give more violent moves &  last Wednesday we had stated 'welcome back to volatility & S/L days of Bulls & Bears traders'. We again request our readers that they should correlate our previous posts so that they are able to define what we are stating. Nifty on breaching our Support 6090-6095 went low till 6057.6
For Monday Resistances are placed at 6109-6115 & Supports to come at 6063-6070.
Views Given By TrendCalls Team

Domestic Issues For Next Week

Trendcalls Team have been stating it for a long time that influx of capital will increase towards Emerging countries, As still only 3% of the pension fund money is invested in developing economies, they need to adjust their portfolios towards countries like India. But the question is are we ready for such huge capital inflow, We raised this ? in our previous Domestic write ups & now even RBI is a worried lot & they will intervene in forex markets to hold the stability of the Dollar. The markets are more likely to react on results specially on Reliance as it is bellwether & it has not moved much in last year. The markets will take the result of Reliance positively in our view. But still we maintain our view that markets will remain volatile before taking a clear direction.
Views Given By TrendCalls Team

International Issues For Next Week

TrendCalls Team wrote about G7 Meet that Leaders will agree to disagree later to show  their countrymen they did their best for the country & they did exactly the same at the G20 meet. The markets are focussed on the action of Fed & the effects of the action. Fed is giving the big American banks a earning bonanza in which the banks earn bounty for themselves by borrowing at lower rate & giving back Fed the money at higher rate. In TrendCalls Team view why would banks lend to the working economy if they get this earnings safely from Fed. This may indeed be a wrong policy decision made by the authorities, who think that artificial inflation of the asset prices will help the real demand cycle. Fed is looking at nominal inflation & not the real inflation which is being created. The monster demon will come to haunt them sooner than they think.  Will they then be able to quickly adapt to new dynamics or once again world be tripped into a new kind of trauma. The answer to this ? lies in the future. Till then We hope all goes well.
Views Given By TrendCalls Team

Friday's Trading View 22-10-2010

Have the markets actually consolidated? In TrendCalls Team view we think that it may give more of such violent moves before Nifty actually takes a direction. On upside there are multitudes of Resistances & on downside layers of Supports. Nifty on breaking the Resistance of 6083-6089 given by TrendCalls Team saw vertical rise till 6152.As for Friday Resistances will come at 6169-6175  & Supports at 6090-6095.

Views Given By TrendCalls Team

Thursday's Trading view 21-10-2010

Yet another volatile day with Nifty retracting from day high of 6076.8- TrendCall Team resistance was between 6069-6075; to the day's low of 5987.65  TrendCall Team 2nd supports placed at  5966-5972. Is our market showing signs of tiredness? Or is this a phase of consolidation ? Market alone can answer this question.
For Thursday's session Nifty will face resistances at 6083-6089 and supports to come at 5940-5945. Sector watch Sugar and Fertiliser for positive moves.
Views Given By TrendCalls Team

Wednesday's Trading View 20-10-2010

TrendCalls Team again thank all the Readers & Patrons for giving references of our Team . Welcome back to the volatality and SL days of bull and bear traders.
Wednesday Nifty views are as follows - Resistances lies at 6069-6075 & Supports are placed at 6006-6012 & 5966-5972.
Views Given By TrendCalls Team

Blog will be updated from Tuesday(19-10-2010) after a break due to personal commitments TrendCalls Team.
Nifty 6110 very Crucial level on weekly charts to be watched on downside .
Views Given By TrendCalls Team

Thursday's Trading view 14-10-2010

Wednesday was good a day for bulls above the TrendCalls Team Resistance level of 6196-6202 Nifty fired like a bazooka.
Thursday is important for Nifty to see if it can hold out the breakout or not, Resistances lies at 6302-6308 & 6362-6368 & Supports are at 6198-6202.


Views Given By TrendCalls Team

Wednesday's Trading view 13-10-2010

In today's trading session, Nifty opened weak below Resistances of TrendCalls Team and on breaking the Supports of 6125-6132 it slid & finally took support at 6083.
Going ahead for Wednesday, Nifty to take Supports at 6058-6062 and below that 6030-6035 levels. Nifty to  face Resistances at 6143-6147 & 6196-6202 levels.
In a weak day of trading our stock pick RCF showed its resilience and closed at 95.9. Hope the bloggers are enjoying our stock pick which has given over 12% returns in 5 days straight.
We wish to thank the patrons of the blog for referring our team to various clients.


Views Given By TrendCalls Team                        Performance

Tuesday's Trading View 12-10-2010

Volatility ruled Nifty on Monday, Nifty took out Resistances in early trading to come back into the range provided by TrendCalls Team
For Tuesday's view TrendCalls  Team are of the view nifty is strong above 6187-6192 & weak below this levels. Supports to come at  6125-6132.
We had given our view that RCF is gaining strength for next move on 7th and today it showed a handsome gain of  almost 9 % and closed at 92.95. We expect it to show further moves targeting 100.


Views Given By TrendCalls Team

Monday's Trading view 11-10-2010

Nifty Resisted near TrendCalls Team Resistances given at 6158-6162 & high made was 6168.8 & retraced back to close at 6142.15.
For Monday Resistances to come at 6173-6178 as per TrendCalls Team & Supports to come in at 6123-6128 there are multitude of Resistances & Supports coming so it may lead to consolidation of Nifty in our view.

Views Given By TrendCalls Team

Domestic Issues For Next Week

There are many Domestic Issues that concern our markets- foremost being start of Results season, RBI notes on inflation & respective policy action & Capital inflows.  Results will bring true economic picture in to foray, RBI view on inflation will further decide monetary action by them & how the authorities view Capital inflows- constructive or destructive & if the latter then what measure they take to stop them will decide the course for the markets. Result season starts with technology companies & in TrendCalls Team view they have factored the results in their prices & Rupee Dollar parity should have started hurting them. It would be interesting to see what they speak on this context.
Views Given By TrendCalls Team

International Issues For Next Week

There could be many International Issues which can have materialistic impact. TrendCalls Team believe one of them is G7 meet. The currency markets are puzzling World leaders & the topic has taken a center stage at G7 meet. We had stated in our earlier issues (dated 28/08/2010) that Dollar will collapse &as expected our  anticipated fall in dollar and the resultant currency war view is now a major issue  in the international scenario and  is creating a stir at all the developed nations of the world. Do the leaders of the world ever understand that invasion in market places do not work until the forces are combined by everyone? TrendCalls Team believe that leaders will agree to disagree later to show their countrymen they did best for their country. Now for the markets have they really factored in Fed's easy monetary stance or some parts are left in the markets. Markets are reacting to extremely relaxed policies of the Fed & fundamentals are yet to be followed. Excess of money supply will create a bubble sooner rather than later. Till then we should enjoy the ride as it is happening.

Views Given By TrendCalls Team

Friday's Trading view 08-10-2010

In today's session TrendCalls Team's Supports 6135-6138  held, with nifty low @ 6134  and the Resistances @6258-6262 are yet to be breached. Nifty high was at 6229.95 and closed at 6144.15.


Ahead of the week's close, on a volatile day nifty will face resistances at 6158-6162 and the supports to come lower at 6083-6088.


Traders are requested to keep booking profits and stay light with their longs.


Views Given By TrendCalls Team                          Performance

Thursday's Trading view 7/10/2010

TrendCalls Team's resistance 6258-6262  was not breached in the Wednesday's trading session on the higher side and the day's low of 6185.05 was again close to the supports (6176-6182) mentioned by us.


In Thurday's session too , Nifty should face Resistances at 6258-6262 and  view of  Supports to come in at 6176-6182 below that 6135-6138 is maintained. 


Wednesday's session saw the fertilizer sectors pick momentum. TrendCalls Team had given a buy  RCF at 84.3.  We saw the stock pick up strength for next move.


Views Given By TrendCalls Team                          Performance

Wednesday's Trading view 06-10-2010

Tuesday Nifty got resisted right in the middle of Resistance 6222-6226  given by TrendCalls Team & high made was 6224.8.
Wednesday TrendCalls Team believe to be complex day for traders Resistances are placed at 6258-6262 & Supports to come in at 6176-6182 below that 6135-6138.

Views Given By TrendCalls Team                          Performance

Tuesday's Trading view 05-10-2010

Monday was again a day of volatility confirming the views TrendCalls Team that volatility is here to stay. Nifty breached our Resistances 6208-6213 momentarily to fall back & retrace all the gains of the day.
TrendCalls Team Resistances for today lies at  6222-6226 & Supports are at 6142-6146 & 6121-6125 below that Supports to be deep.

Views Given By TrendCalls Team

Monday's Trading view 04-10-2010

Trendcalls team wishes all traders a safe week ahead.
 Nifty opened @6065, and felt the pressure of resitances  @ 6055-60 to dip to a low of 6050.  Later, on the back of strong funds flow,  nifty started galloping to hit a high of 6183.95 and closed at 6176.

As for Monday, Nifty to feel the Resistances @ 6208-6213 on charts, and Supports to come at 6125-6128.

Ambuja Cement inspite of the rising market was weak for the most part of the day  and hit a low of 139.5 below the breakdown level  of 143 given by Trendcalls team .

Views Given By TrendCalls Team

Domestic Issues for Next Week

RBI to have a meeting on Monday before they meet for their regular policy meeting to discuss the various aspects of the economy. TrendCalls Team has some ? for the RBI. Would they be able to create real rate of interest or would they foster economy with nominal rate of interest. Is it not that with nominal rate of interest they are favoring the classes of India ,should not they create a level of policies to suite masses or should they leave masses out to be inflicted by the pain of Inflation. TrendCalls Team are raising a issue here, does inflation of this level help the ordinary masses. We do not think so. They inflict more pain to the already burdened middle class & lower class sections of the society, who are the real consumers of the so called Big Manufacturers. Are the real rate of income rising or keeping pace with the inflation?  In our sense it is not. We think policy makers will take heed of our basic needs. RBI will also face a big problem from the growing capital inflows. The hot money seeking beta will keep the Domestic markets buoyant till they reverse.

Views Given By TrendCalls Team

International Issues for Next Week

In the last Issue of TrendCalls Team wrote about Dollar deterioration, This week we discuss the issues of austerity(saving) by European nations versus spending By US(America). The impact of austerity is a very slow process but have visible impacts on the currency which is the strength of the Euro & US spending mission has sent Dollar to crumbling state. The objectives of the policy makers are different on each side, One in the true sense are afraid of the inflation so taken the route of austerity & the other wants to create inflation to help their lagging exports. The TrendCalls Team is of the view that inflation does not help the main consuming part of the nation, it only helps the rich to grow more richer & the gap between the two only grows wider. The artificial creation of demand in the past had created many boom & bust cycles & this cycle would be no different.

Views Given By TrendCalls Team

Friday,s Trading View 01-10-2010

The day of Volatility as expected by TrendCalls Team Nifty Resistances were given at 6034-6038 & high made was 6034.9 & Supports were given at 5955-5958 & low made was 5963.2.
Friday levels by Trendcalls Team are Resistances at 6055-6060 & Supports are placed at 5988-5992.
We hope Blog Readers & Patrons benefited from the level of Ambuja cement the break below 143 put pressure & it slid till 138.9 to close at 140.6.


Views Given By TrendCalls Team

Thursday,s Trading View 30-09-2010

Nifty opened gap up above the Resistances of 6056-6059 given by TrendCalls Team But within moments of breaching the Resistances on upside, the Supports of 6026-6029 on the downside breached, & then it was just a slide for the Nifty to close at 5997.
TrendCalls Team believe volatility to continue in Nifty with Resistances coming at 6034-6038 & Supports to come at 5955-5958.

Views Given By TrendCalls Team

Wednesday,s Trading View 29-09-2010

Volatility ruled on Tuesday as TrendCalls Team had stated in our post, Nifty breached Resistance of 6050-6054 to make a high of 6064.85 for few seconds & retraced back to breach Supports of 6018-6022  to make a low of 6003 & to close at 6055.2 nearly flat.
As two Trading sessions for expiry volatility will remain high & traders needs to watchful of the wild swings TrendCalls Team are seeing Resistances at  6056-6059 & Supports at 6026-6029 .
Grauweil a free call given on blog is advised to be booked 50%  & rest hold with a tsl of 93.

Views Given By TrendCalls Team

Tuesday,s Trading View 28-09-2010

TrendCalls Team gave Resistances at 6070-6075 for Nifty it did break that Resistance level for some time but again breached it on downside to give up nearly all the gain of the session. TrendCalls Team had also stated in the Domestic Weekly issue that volatility in Nifty will rise & caution is advisable as swings will be wild.
For Tuesday TrendCalls Team see multiple of Resistances in Nifty with volatility Resistances at 6050-6054 & 6072-6077  & Supports would come at 6018-6022 level.
Ambuja Cement View given still stands.

Views Given By TrendCalls Team                    Performance

Monday,s Trading View 27-09-2010

On Friday after breaking TrendCalls Team Resitances of 5992-5995 Nifty had a one way rise till it made a high of 6043.8.
As for Monday Trendcalls Team Resitances lies at 6070-6075 & Supports lies at 5996-6002.
Ambuja cement Watch for Break down below143 sustaining .

Views Given By TrendCalls Team             Performance

Domestic Issues for Next Week

TrendCalls Team stated in our last domestic weekly that Nifty movement will depend upon currency inflows & 24th verdict by supreme court, which has now been shifted by a week's time. The fund flows remained undeterred & kept up the strong momentum in markets. But the authorities are wakening up to these fast inflows of Dollars & are in the process of curbing them in some way or the other. They(Govenment) have multiple agencies & multiple ways of cooling  these hot inflows, which may have an impact on the markets in near or very short term. If the agencies act negatively to the hot money which is coming in, Rupee will also get impacted & if they do not then Rupee will be on one way street i.e getting stronger & going to its real value. Volatility in Nifty will rise more, caution is advisable as swings will be wild. Bias would be on upside pertaining to the conditions mentioned above.

Views Given By TrendCalls Team 

International Issues for Next Week

TrendCalls Team clearly stated in our previous International Views  that Dollar deterioration is on & the impact can now be seen by all. Fed in their minutes stated  that they will protect the economy from dip & will do whatever it takes to get the economy back on track. What options does Fed have? Interest Rates  are already near Zero. Quantitative easing is already on. Dollar value is eroding fast. Fed can only aggravate quantitative easing, which will put more pressure on Dollar. Bank of Japan has also joined Fed in their game. They want to reduce the purchasing power parity of Yen & want to depreciate it so that their exports remain competitive. But does these interventions by the Governments in competitive markets successful or are they just temporary blips to normal functioning of markets. Markets in history have called off many bluffs of the governments & in the long run only true fundamentals prevails. But, which ever way market or currency market functions, the world will never be the same as 2008. The shift of power has started taking place towards Asian economies & will continue or rather gain momentum in  the coming times.

Views Given By TrendCalls Team

Friday's Trading View 24-09-2010

TrendCalls Team gave 5979-5983 as Support levels & said below these levels Supports would come quite deep, The result is in front of everybody Nifty made a low of  5943.25. TrendCalls Team had given Resistance at 6019-6024 & high made was 6017.8. Traders Patrons & bloggers can see the value of levels. Trade accordingly & enjoy profits.
Friday would be an interesting day as it is last Trading day of the week & as bears have had no materialistic impact on Nifty. Supports to come at 5928-5932 & Resistances at 5992-5995.

Views Given By TrendCalls Team

Thursday's Trading View 23-09-2010

Nifty was volatile as expected & as posted by TrendCalls Team in previous posts also that caution is to be observed & volatility will rise. Nifty tested TrendCalls Team Supports of 5959-5963 & made low of 5953.05 &  within flash it was above  Support levels.

Thursday TrendCalls Team Nifty Resistance lies at 6019-6024 & 6060-6063 & Supports to come at 5979-5983 below that Supports would come quite deep.

Views Given By TrendCalls Team               Performance