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

Wednesday's Trading View 22-09-2010

As TrendCalls Team said caution in the air & the effect was Nifty was very volatile & took swings in both direction. TrendCalls Team gave Resistances at 6025-6031 & 6049-6055 & Nifty made high of 6046.

After hitting lows it was facing Resistance at levels given by us at 6025-6031.

For Wednesday Resistances to come at 6061-6064 & Supports to come in at 5980-5984 & 5959-5963.

Views Given By TrendCalls Team

Tuesday's trading View 21-09-2010

The rampage by bulls continue & Resistance given By TrendCalls Team at 5955-5960 acted as Resistance for quite a time  clearing that it was a one way street for bulls.
Tuesday Resistances to come at 6025-6031 & 6049-6055, Supports to be at 5932-5936. TrendCalls Team believe that caution in the air. Traders are advised to trade with strict stop loss.

Views Given By TrendCalls Team           Performance

Monday's trading View 20-09-2010

Nifty showed strength in its upward trend & sailed past the Resistances 5854-5857 & 5871-5874  at the opening & came back to take Support at 5871-5874 levels given by TrendCalls Team to make a high of 5914.

Monday Resistances & Supports would have a wide range Resistances to come at 5932-5936 & 5955-5960 , Supports to come at 5856-5860 & 5844-5847.

Views Given By TrendCalls Team 

Domestic Issues For Next Week

TrendCalls Team is of the view the week ahead will depend upon the currency inflows & a political storm brewing in the Supreme court, whose verdict will come on 24th of this month. Both issues mentioned will decide the fate of the markets & Nifty direction. We should be ready to face fast & erratic swings in the markets.
Some sectoral churning may also take place in Nifty which may also provide volatilty.

Views Given By TrendCalls Team

International Issues For Next Week

Markets will again keep an eye on the statement of the Fed.. is the belief of the TrendCalls Team. Fed has limited options available to it, as nominal interest rates are already too low. Will Fed provide markets with follow up quantitative easing is the ? Japan has already started buying Dollars & pumping Yen into the system. Will Fed also follow suit & take cues from Japan. Japan till now is isolated on the issue of stronger Yen & Markets need to see  if other countries will join the action of Japan or not. Till now the full impact of the 2008 crisis has not been absorbed by the world &especially by the developed economies. The world is reeling under the round Two or the after effects of the problem, in which the developing economies are facing capital inflow pressure & developed economies are facing near zero growth. These are very interesting times & one needs to be cautious & watchful on all sorts of economic news. As TrendCalls Team repeatedly said, Dollar  is on doomsday with pauses in between readers & patrons can see the effects of it.

Views Given By TrendCalls Team

Friday's Trading View 17-09-2010

TrendCalls Team gave Resistances at 5877 & 5917 & Supports at 5830 & 5817 Nifty made high of 5916 & Low of 5826 our Blog Patrons & Readers know the importance of Supports & Resistances.

As for Friday & near term TrendCalls Team believe 2 possible scenario emerging for Nifty either it trades sideways & consolidate or Nifty corrects its fast up move. Resistances for Nifty lies at 5854-5857 & 5871-5874  & Supports to come at 5820-5816 & 5788-5791.

Views Given By TrendCalls Team

Update for Intraday

TrendCalls Team Update  For Nifty fut. Resistance levels at 5877 /5917 & Support levels at 5830 /5817

Views Given By TrendCalls Team

Thusday's Trading View 16-09-2010

Nifty again taking out  Resistances given by TrendCalls Team on Wednesday showed strength till 5875 & came back to test the Resistances which became Supports. TrendCalls Team Gave Resistances at 5821-5823 & 5853-5856.
As for Thursday TrendCalls Team believe it to be volatile day as RBI policy announcement would be awaited & Nifty would axe Traders on both sides so we urge traders to be on cautious note. Range would be wide as per Resistances & Supports 5928 -5935 & 5744-5752

Views Given By TrendCalls Team  

Wednesday's Trading View 15-09-2010

TrendCalls Team reiterate the importance of Resistances & Supports. Nifty in the first 15-20 mins of trading broke the Resistances 5786-5789  given by TrendCalls Team & in a very swift move made high of 5845 & again came back to test the Resistances(which converted to Supports) given by us.
For Wednesday's Trading TrendCalls Team is giving Resistances at 5821-5823 & 5853-5856 & Supports  lie at 5775-5772.
Views Given By TrendCalls Team

Tuesday's Trading View 14-09-2010

TrendCalls Team time & again repeat our patrons & readers to go through previous posts also.The Resistances given for Monday were 5653-5657 & 5667-5669 readers & patrons can see the effect of Nifty it closed at 5762.90 when our Resistances were broken.
Resistances for Tuesday as per TrendCalls Team are 5786-5789 & Supports are at 5716-5713  

Views Given By TrendCalls Team                                                                          

Monday's Trading View 13-09-2010

Monday would be quite an intriguing trading day by TrendCalls Team View as markets would be reacting to IIP data. We again restate our view that markets have partially reacted to IIP data. TrendCalls Team is giving Resistances at 5653-5657 & 5667-5669 & Supports to come in at 5617-5622 & 5604-5607 .

Views Given By TrendCalls Team

Domestic Issues for Next Week

Multitude of Domestic & International issues will effect markets this week. TrendCalls Team believe that RBI policy & IIP data will also be discounted by markets this week.  But in our view markets have already discounted some part of the IIP data released & now markets will roll on the tune Of FIIs & world markets. Other issues to effect markets would be Vedanta's offer for Cairn Energy, which should be positive for Cairn but it all depends upon how the Oil ministry & Vedanta resolve this matter. Big issues for RBI would be inflation & how they react to inflation & the expectations of the markets in lieu of inflation. Ten year bond yields have already taken 25 basis points intervention by the RBI.

Sector Watch: - Fertilizers

Views Given By TrendCalls Team

International Issues for Next Week

     In this Week of International Issues we discuss the rising yields of US Treasury. Until now the Us Treasury yields were very low historically due to the fear that double dip is coming & people were buying treasuries for hedging or as safe heaven. But we should understand that Us treasuries were low also because Dollar is the only Reserve currency of the world. TrendCalls Team has maintained that Dollar is on doomsday scenario & their is dynamic shift going on in currency markets world over.
    The process of federal banks world over to hedge or to protect their excessive Dollar holdings, due to which they are making shift to newer currencies which is also pushing the yields higher in US Treasuries. This shift may not happen in one day, it will take its own course & the process will be relatively slow due to its political reasons. But however this story plays out, it will play a huge role in all the markets of the world.

Views Given By TrendCalls Team

TrendCalls did it Again

TrendCalls Team gave Resistances at 5647-5653 & Supports at 5588-5593 & but for the freak Trade in Nifty at 5711.3 the Resistances & Supports in Nifty given by TrendCalls Team held on.
A Stock call Grauweil  given by TrendCalls Team open on the blog  closed 94.15 so for the new readers & followers of blog we request once again that they should relate to our previous posts also.

Views Given By TrendCalls Team

Thursday's Trading View 09-09-2010

Wednesday for Nifty was quite an interesting day it had quite a few swings & ended day nearly flat. TrendCalls Team had given Resistances at 5609-5612 & 5628-5633 Nifty made a high of 5623.8, just below our Resistance level.
For Thursday TrendCalls Team is giving Resistances at 5647-5653 & Supports at 5588-5593 below that 5565-5570.


Views Given By TrendCalls Team

Wednesday's Trading View 08-09-2010

TrendCalls Team has updated the September  performance viewers can either directly check the link or they can go through the past performance page. As for Tuesday TrendCalls Team gave Resistances at 5594-5598 & 5624-5627 whole day nifty remained below our Resistance level & breached it for very short time just to revert back again in levels still it could not touch higher zone of Resistance. Readers refer our previous posts so that new readers may know we had given a stock named Grauweil of  Bse it is now @ 89.
For Wednesday TrendCalls Team  are finding Resistances at 5609-5612 & 5628-5633 & Supports at 5553-5558.
Views Given By TrendCalls Team

Tuesdays's Trading View 07-09-2010

It is no mystery what Nifty did after breaking our Resistances at 5519-5524 & made a new high till  5589.25. So TrendCalls Team once again reiterate the importance of Resistances & Supports.
Tuesday would be a important day to see if new highs get sustained or not, TrendCalls Team Resistances are coming at 5594-5598 & 5624-5627 & Supports to come at 5548-5552.


Views given by TrendCalls Team

Monday's Trading View 06-09-2010

TrendCalls Team once again request our blog followers to correlate our previous posts on Supports & Resistances, To get a better understanding of the market movements, in the Intraday & shorter term  perspective. On Friday Nifty traded in very narrow range as stipulated by Trendcalls Team & we had given Break Up & Break Down levels for Nifty.
As for Monday TrendCalls Team Is giving Resistances at 5499-5504 & 5519-5524 & Supports to come in at 5466-5462.


Views given by TrendCalls Team

Domestic Issues for Next Week

TrendCalls Team last week wrote about LTCG. This week we will discuss the FIIs inflows. The Markets have been kept steady by constant buying of FIIs & regular selling of DIIs still markets have not given a big move since last 2 months beta & volatility is dying down. 

TrendCalls Team also did some analysis on the relative beta of emerging economies & developed economies & the beta is at the lowest point in recent years. So the ? arises why are FIIs & DIIs responding in contrast to each other. It can be due to various Domestic & International factors & interest rate differential.  In domestic context we think Reliance will have a impact on markets movements next week. In addition how will Rupee fare to Dollar will also have an impact.

Views given by TrendCalls Team  

International Issues for Next Week

Last week 

TrendCalls Team said 

Dollar is on dooms day scenario with pauses in between. We also said Now on  Japan will join America in their effort to create excess liquidity. If you had read that you can evaluate that we were right on both the counts. In this issue we will discuss what would be the impact of the above mentioned statements. Mr Bernanke is on free will of expanding the monetary supply. Dollar is the only Reserve currency in this World till now, but it has no real denominator for itself. It is the confidence of the world in America that gives its real value. But 

TrendCalls Team believe that confidence was shaken in 2008 crisis itself. We add to this statement that every country which exports, counts its value in dollar denominated assets. We think that a small shift from the Reserve banks of the Worlds can create Tectonic shift in the currency markets,  which will create havoc for commodities & equities World wide.

Views given by TrendCalls Team