Friday's Trading View 17-06-2011

TrendCalls Team were accurate again for Nifty & the Support 5393-5399 levels were exact.
Nifty levels for Friday Resistances are placed at 5445-5451 above that 5479-5485 & Supports would come at 5374-5380 & below that at 5325-5331.
Views Given By TrendCalls Team

Thursday's Trading View 16-06-2011

Nifty breaking TrendCalls Team Support levels of  5477-5483 caused a free fall & made a low of 5438.15.We again suggest are readers & patrons to trade with stop loss.

Thursday levels for Nifty, Resistances are at 5472--5478 & above that at 5494-5500 & Supports are placed at 5393-5399.

Views Given By TrendCalls Team

Wednesday's trading View 15-06-2011

Good day again for TrendCalls Team ,Resistances given were at 5529-5535 & Nifty made a high of 5535. Its the power of Technical analysis . We again say to all our patrons & readers always trade with stop loss they are your best friend in markets.
Nifty trading range is getting narrower as time is passing by we said this last week also again we are repeating it because a break out on either side can be coming soon. TrendCalls Team Resistances for Nifty on Wednesday are placed at 5553-5559 & Supports would come at 5477-5483.
Views Given By TrendCalls Team

Tuesday's trading View 14-06-2011

TrendCalls Team view of Nifty for Tuesday is Resistances would come in to effects at 5529-5535 above that Nifty can target 5557-5563 & Supports would come in at 5477-5483 below that Supports are placed at 5456-5472.

Views Given By TrendCalls Team

International Issues For Next Week

There are many headwinds going on International markets from Europe USA to Japan & Emerging economies each region country has its own set of problems. We start with Europe there are are weak countries & strong countries which are creating push & pull on opposite directions & the consequences is being faced by Euro, In our view they will not let a default happen in that region & will try to avoid it at any cost which will put pressure on Euro . As lately it was very easy to sell Dollar & buy relative currencies including gold that was giving strength to them. But from now on this will not be an easy trade to do as lots of Dollar adjustments have already happened in short term. In addition to all of this the age demographics is not in favor of any of the developed regions eventually all of it will come into play.We also think that some sanity will prevail in the minds of the political leaders of USA & they will trim deficits which will also give some leg up to the dollar & bring interest cost pressures down which are waiting to move upwards. If these things happen then there would be more rationalized growth all over the world. In our view Governments all over the world should reduce their kitty (pockets) so that a normal private sector growth can happen without any stimulus & artificial steroids.
Views Given By TrendCalls Team

Technical Glitch in Data

TrendCalls Team view on Nifty were again nearly exact to the point. The Supports given for Nifty were at 5457-5463 & Nifty made a low of 5450.25 after which it bounced sharply.
Due to some technical glitch in our data we would not be able to post our Nifty views for Monday.
TrendCalls Team

Friday's Trading View 10-06-2011

TrendCalls Team had Given range for Nifty at 5490-5630 & again Nifty turned from our lower level & made a low of 5493.
Friday Nifty Resistances are placed at 5554-5560 & above that at 5593-5599 & Supports are at 5489-5495 below that supports would come at 5457-5463. 
Nifty intra day range is shrinking & break out will happen soon so trade with strict stop losses they are your best friend.
Views Given By TrendCalls Team

Thursday's Trading View 09-06-2011

As TrendCalls Team had stated that we expected a volatile trading session for Nifty & indeed it was quite a volatile trading day. Nifty is moving in a very tight trading range break up or down will decide further moves. Till that time we hope 5490 & 5630 range gets taken out on closing basis, so that a clear picture emerges for a trend.
Views Given By TrendCalls Team

Wednesday's Trading View 08-06-2011

Nifty after breaching TrendCalls Team Resistance levels of 5552-5558 made a high of 5577.65.
TrendCalls Team expect Wednesday to be a volatile trading session for Nifty with major Resistance coming at 5597-5603 & Supports to come in at 5522-5528
Views Given By TrendCalls Team

Tuesday's Trading View 07-06-2011

A good day again for TrendCalls Team our blog readers & patrons. Nifty took Support at 5475.30 as stated out by TrendCalls Team yesterday --Supports at 5475-5481 & made high of 5546.90 near the Resistances given at 5552-5558.
Tuesday Resistances are likely to come in at 5553-5559 & above that at 5597-5603 & Supports are placed at 5462-5468.
Views Given By TrendCalls Team

Monday's Trading View 06-06-2011

As TrendCalls Team had stated on Friday view that broad range to be broken is 5520-5630 Nifty made a high of 5608.5 & low of 5509 but still managed to close in between the broad range of TrendCalls Team.
Nifty Resistances for Monday are placed at 5552-5558 & above that 5581-5587 Supports are likely to come in at 5475-5481.
Views Given By TrendCalls Team

Friday,s Trading View 03-06-2011

Nifty performed exactly as per TrendCalls Team View & took Supports at 5531-5537 region.
As days are passing so is the Resistance zone or cluster of Resistances between 5590-5630 are getting stronger in as per TrendCalls Team View.
Broad Range to be broken on either side is 5520-5630
Views Given By TrendCalls Team

Thurssday's Trading View 02-06-2011

Good day again for TrendCalls Team & readers of our levels... Nifty faced Resistance at the expected levels as presumed at 5583-5589 but was still able to make high of 5594 in fut.
As for Thursday our main Resistance level of 5612-5618  still remain intact closing above which will decide upward trend Nifty in TrendCalls Team view is still sideways of which Supports to come in at 5531-5537 region breaking of which will cause more pain.
Views Given By TrendCalls Team

Wednesday's Trading View 01-06-2011

It was a good day for Nifty & as per TrendCalls Team View above 5488-5494 Nifty would target 5548-5554 & made high of 5563.45 in fut.
As for Wednesday TrendCalls Team View for Nifty is that it is entering a very high Resistance zone where multiple Resistances are at placed 5583-5589 above that 5612-5618 & Supports are placed at 5512-5518.
Stocks Bias
Positive   - DishTV
Negative -
Always Trade with Strict  Stop Loss They are your best friend in markets.
Views Given By TrendCalls Team

Tuesday,s Trading View 31-05-2011

All views of TrendCalls Team for Mondays Trading were exact Nifty Resistances given at 5492-5498 & Nifty fut made high of 5497 stocks bias of all the stocks were right Positive   - Central Bank , Welcorp , Rpower ended in positive with significant highs made & Negative - TataMotors  ended in negative territory.

TrendCalls Team views for Tuesday Nifty still in sideways consolidation volatility will be on rise Resistances 5488-5494 above that 5548-5554 still remains open & Supports to come in at 5452-5458 breaking of which will open more downside.

Views Given By TrendCalls Team

Monday,s Trading View 30-05-2011

In TrendCalls Team View Nifty is in sideways consolidation with mildly upward bias of which Resistances to come at 5492-5498 above which Resistance would come at 5548-5554 & Supports to come at 5428-5434 region.

Stocks Bias 

Positive   - Central Bank , Welcorp , Rpower

Negative - TataMotors 

Views Given By TrendCalls Team

Thursday's Trading View 13-01-2011

TrendCalls Team Thursday's Nifty Resistances are placed at 5904-5910 & Supports are at 5813-5819 break of either of them will give more room on same side.
Views Given By TrendCalls Team

Wednesday's Trading View 12-01-2011

TrendCalls Team is back after a week's time. Last time we mentioned Nifty Resistances & Supports we mentioned it would be directional move, if we breach any of it & our point of view stand vindicated.
Wednesday Nifty Resistances are at 5854-5860 & Supports are at 5758-5764 breach of the either will create more moves.

Views Given By TrendCalls Team

Wednesday's Trading View 05-01-2011

TrendCalls Team bigger Resistances 6250-6256 & Supports 6132-6138 given yesterday still remain intact if Nifty breaches any of the two it would bring more directional moves.

Wednesday Resistances are at 6186-6192 & Supports 6133-6127

Views Given By TrendCalls Team

Tuesday's Trading View 04-01-2011

Nifty ranges & volatility to increase in coming days.
Nifty Resistances for Tuesday to come at 6250-6256 & Supports are 6132-6138 
Views Given By TrendCalls Team

Monday's Trading View 03-01-2011

 May The Year 2011 Bring You.... Happiness
,Success  filled with Peace,Hope n Togetherness of your Family n Friends.... TrendCalls Team

Monday Resistance levels are at 6184-6190   & Supports are at 6136-6146

Views Given By TrendCalls Team

Domestic Issues For Next Week

Last year was a smooth sailing for equity markets in general, barring a couple of minor hiccups, but the going ahead will be tough & bumpy. The ideal situation could be, we go sideways for quite some time & then resume the upward trend else there would be sharp corrections with fundamentals & stock prices matching up with each other. Volatility & sharp moves on both sides will be key this year. News flow & inflation will keep the markets on its toes. Next week onwards result will start trickling which will decide the trend in very short term & the news flow on Ambani brothers will also be the key to market moves in near term.

Views Given By TrendCalls Team

International Issues For Next Week

Last week TrendCalls Team wrote about China & its effects of monetary tightening. This week we will state about Feds stance on Dollar. Fed is carrying a loose monetary policy to revitalise its economy which in effect is playing havoc in commodities markets, in addition to Dollar.  Some commodities are in sweet spot due to its demand supply mismatch. Will the weak Dollar effect continue or the Dollar will harden & real economic fundamentals prevail on commodity prices. The real demand is lagging behind the prices.  US & European economies are not growing fast enough & China is on verge of slowing down so how do we really react to the New Normal coming our way. The artificial stimulated growth which happened due to expanded money supply will also start waning down soon & the world will be back to realities soon.
Views Given By TrendCalls Team