Tuesday's Trading View 31-08-2010

Our valuable clients & dear readers of this blog, Trend Calls Team had stated in their earlier post that  parties concerned with LTCG will not let it to be get taxed in DTC CODE, & our view was confirmed by the tax code proposed in parliament.
Now we come on to the Nifty Views for Tuesday,s trading session Resistances to come at  5453-5455 & 5493-5496 real test for bulls is the upper Resistance band & Supports to come in at 5393-5396 & 5383-5385 below this level support would be deep.

Views given by Trend Calls Team  

Monday's Trading View 30-08-2010

Trend Calls Team  request our blog followers to correlate our previous posts on Supports and Resistances, to get a better understanding of the market movement, in the intraday and shorter term perspective.
For Monday View Resistances to come at 5421-23  & 5435-38  Supports to come at 5358.
We are again repeating what we said on Domestic Issues post that markets will move on DTC CODE staying light would be advisable.

Views given by Trend Calls Team  

Domestic Issues for next Week

The big Issue for the last week was, we were finally correcting after remaining so disengaged with world markets for quite a long time. But our markets would would dance to the tune of DTC code rather than International issues as news flow will get stronger, so would be the market volatility. Trend Calls Team believe that, big players would have taken positions already & the news flow will only decide if the momentum picks up on sell side or we take U turn from here. It is anybody's game which ever way or rather how the DTC code is presented  in Parliament. The story  of LTCG will rule the markets & all sorts of rumours going around. But we want to ask a big ?.  What will happen to mergers & acquisitions in India if LTCG is presented @ higher levels even small increase LTCG will cough up the purse of government.  But if LTCG comes @ levels  which media  is saying,  then surely there would be  selling pressure in the markets. But the ? is will the  big  industrialists  let it happen .We do not think so because then mergers & acquisitions will dry down as the tax incidence comes on the seller of the company. 

Views given by Trend Calls Team  

International Issues for next week

As said Trend Calls Team is posting on International Issues that matters.   Federal Reserve Chairman Ben S. Bernanke said the U.S. central bank “will do all that it can” to ensure a continuation of the economic recovery and that more securities purchases may be warranted if growth slows.  What does that means in technical terms is that they will increase the money supply & in consequence will try to bolster the economy. But we have few ? for Mr Bernanke.  If money supply could have solved the problems we do not think Japan would had been here where it is now. In our view Dollar is on dooms day scenario with pauses in between. Now Japan will join America in their effort to create excess liquidity. We think for some period of time they can inflate commodities but real test depends upon consumption & and  thats quite some time away.

Views given by Trend Calls Team  

Levels achieved

Trend Calls Team gave Resistances to come at 5489-5494 & high made was 5489.9  we did it again 

From this week we will be discussing International Issues on Saturday & Domestic Issues on Sunday

we thank everybody for their valued support to us.

Trend Calls Team 

Friday's Trading View 27-08-2010

Trend Calls Team  request our blog followers to correlate our previous posts on Supports and Resistances, to get a better understanding of the market movement, in the intraday and shorter term perspective.
Trend Calls Team gave 5484 to 5493 zone as Resistances for Thursday & we were again right  Nifty Sep made high of 5493.9 & Aug made high of 5489.


Our Team would post our Views on Domestic & International Issues, The team would give views on International issues by Saturday Night & Domestic issues on Sunday Nights.
As for Friday view Resistances to come at 5489-5494 & Supports to come at 5433-5429-5425


Views given by Trend Calls Team  

Thursday's Trading View 26-08-2010

Dear Friends and all visitors, we as a Trend Calls Team  would say that "Perfection consists not in doing extraordinary things, but in doing ordinary things extraordinarily well" we mentioned yesterday in our view that Supports are 5498-5484-5462 and see the what happened Nifty made low of  5461, our clients are making their wealth so just start think for your self as soon this perfection points along with wealth generating stock ideas would be available to our premium customers only.
Now for Thursday's watch the Resistances at 5484 to 5493 zone & Support to come at 5434 tomorrow is expiry day so movements will be wild.

Views given by Trend Calls Team  

Wednesday's Trading View 25-08-2010

Dear Readers & fellow Bloggers as we Trend Calls Team stated yesterday in our view & day before yesterday too that our intermediate target on Nifty reached & it would get difficult for Nifty to breach our Resistance level of 5554 as for Tuesday trading it was swift fall after our first Support level of 5521 was broken & it breached our second level 5502 also to make a low of 5480.15 & closed at 5508.6 .

As for Wednesday Resistances to come at 5522-5533 & Supports to come at 5498-5484-5462

Views given by Trend Calls Team  

Tuesday's Trading View 24-08-2010

Trend Calls Team was again right Nifty remained short of oxygen & was confined to limits defined by us. We gave Resistance at 5554 & Supports to come at 5507-5495.Nifty was again our stipulated range.
As for Tuesday Resistance to come at  5554-5563 & Supports to come at 5521-5502 as said Sugar was indeed sector of the day.
Views given by Trend Calls Team  

Monday's Trading View 23-08-2010

Trend Calls Team gave Resistances to come at 5554 & Supports to come at 5501-5481. Neither of this happened & Nifty Traded in very narrow range.
As for Monday our Resistance level remain the same 5554 & Supports to come at 5507-5495.
We are giving Sugar as sector to watch.
Our call on Bajaj hind intiated Buy at 122.5 with s/l 119 is still running open with open targets 
Our Call on  Grauweil Bse code 505710 Buy intiated at 81-82 is still running.
Trend Calls Team is giving this for all our blog readers to benefit.


Views given by Trend Calls Team  

Friday's Trading View 20-08-2010

We as Trend Calls Team believe that major part of the intermediate rally is done. Our level of 5554 still remain intact. 

Again Sbi tested our levels today of 2783 & made a low of 2782.65 This reaffirms the power of the levels provided by the Trend Calls Team.

Trading with peace & profit is our goal We hope all Patrons Friends & Bloggers enjoy our sincere & unbiased effort of providing levels.
Trend Calls Team is closing all our calls on our  August Performance Sheet & We will wait for clear moves for next Trading month to start afresh. Thank  you clients for your kind cooperation.

Friday will be a very volatile day  and a gap down will also increase volatility. Resistances to come at 5554 & Supports to come at 5501-5481.

Views given by Trend Calls Team