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