Indian stock market technical analysis for nifty & short term BTST tips for Bse Nse stock market

Market pulse online stock share tips - is engaged in research on Indian stock market performance based on technical analysis. Pre-market and online share tips or Nifty intraday market tips provided are based on technical levels only and nothing else is considered while issuing the live share tips or even the pre-market calls. Pre-market calls are posted regularly on the site under the Buy Calls and Sell Calls section of the site. These are short term or BTST calls how to interpret these calls and a brief stock market trading strategies are given on Home page. Sensex & nifty technical tips are also given on some trading days. The performance of online stock shares price recommendations and live share tips online are visible under the Past Calls page on site

Nse market Nifty today

26-JULY-10

Market is set for a good move as long as Nifty stays above 5453 with a support at 5426. Staying above 5453 is a buy zone and staying below 5426 is negative with chances of profit booking

23-JULY-10

As expected Nifty gave a closing above 5426+ level with strong buying in market and once again vital role played by technical analysis to forecast future target. Now for today as market is on an up move only suggestion is that 5426+ is positive for market. But as expecting a gap up opening in market. Entering at higher level may be risky as support for Nifty is at 5426. Comment is 5426+ level on Nifty is positive zone with support buying and 5426- level is slight negative and may induce profit booking.

22-JULY-10

Market is trading in a range of 5353 to 5409 and looks to continue in same manner. As lots of expectations are built up at 5400+ levels in F&O expiry which is causing profit booking at 5400+ levels. 5405 resistance level tested couple of times but maintaining above this level was difficult. Close range for today is 5379 to 5405 below 5379 it may test 5353 and breaking below 5348 will induce fresh selling in market for the day. While staying above 5405 will again open up chances of 5426+ level even on closing basis.

21-JULY-10

Yesterday's Nifty performance is another classic example of how technical analysis calls are better for stock market investment. As anticipated yesterday's market has given a weak close but today it may bounce back and surprise, If nifty trades and stays above 5388 it may first get to 5405 and then to 5426 which is a cruicial resistance. Above 5426 market will see fresh buying as even told yesterday and may take nifty to much higher levels and expected closing will be above 5426 today. But if Nifty stays below 5348 fresh selling will enter market. So, trend is above 5426+ level fresh buying zone and below 5348- level fresh selling zone.

20-JULY-10

As predicted yesterday Nifty has touched a high of 5409.10 after an intraday low of 5361.5, but crucial part is that it didn't give a good move on crossing TG-1 of 5405 and closed in red. Market is expected to perform well only if did stay above it's crucial resistance of 5405 and fresh buying is only indicated if it stays above 5426. On down side 5379 is a major strong support below which Nifty may test 5356 and staying below 5348 fresh selling will enter market. On upside above 5426 fresh buying will start for market.

19-JULY-10

Last friday Western markets were closed in red with deep cuts. Our market has given a strong closing on Friday so as long as Nifty holds support levels our markets may still surge higher. 5379 is a strong support for market for a possible upside move 5379 must hold and Nifty has to trade above this level which will be an indication of possible good up move in our markets. Holding above 5379 may take Nifty to 5405 and 5426 level even on closing basis. Staying below 5379 how ever Nifty may test 5356 and below 5349 fresh selling may start in our market and holding above 5426 fresh buying will start for the day in our market. Over all our market is looking relatively very strong.

16-JULY-10

5382 will be a close resistance for market today. Staying above 5382 market may test 5405 and 5428 level on Nifty. Staying above 5442 will be a good new buying indication for market. As Nifty gave a slightly weak closing yesterday on staying down 5382 it may test 5352 level and staying below 5345 will start fresh selling for market.

15-JULY-10

Yesterday profit booking took place which tested support of 5379 and held support on closing basis. For today as last half an hours aggresive selling in market gave a weak closing for Nifty. Today Nifty has resistance at 5405 & 5442 above 5442 again strong fresh buying may return to market 5405 to 5442 will be a sustainable zone 5382 will be close support for market below which it may test 5352 staying below 5345 would mean a fresh selling for market

14-JULY-10

Once again a strong close for Nifty yesterday. Today Nifty may face resistance at 5421. Staying above 5423 Nifty may get good move with supported buying in market. 5379 and 5346 are two supports. Staying below 5346 more selling will enter market.

13-JULY-10

On Monday yet again strong Nifty close for market. For today again market is in short term over bought zone with a strong support at 5334 and 5315 some profit booking may bring Nifty closer to support level while sentiment remains positive for market as fresh selling is only possible for Nifty staying down 5246 level which is a rare possibility. Above 5334 market is considered in positive zone

12-JULY-10

Market has given expected close on last Friday a very strong close for market, but at same time market is now in a short term over bought zone and some correction may be possible. Support for Nifty is at 5315, which is a strong support in current up move and staying above 5315 will be a Buy Zone for market with fresh Buying support. Below 5315 also market is not giving a Sell signal with next strong support at 5283 & 5259. Conclusion is strong rally is possible with market is in over bought zone with a support of 5315 which is almost 35+ points down from Nifty last close

09-JULY-10

Yesterday Nifty gave a very strong close and expected close 5296.85 For today 5305 is a resistance and 5272 and 5259 two major support for market. Staying above 5305 will bring fresh buying in market while staying below 5259 will indicate a weakness in market

08-JULY-10

Yesterday Nifty did manage to hold on to it's crucial support of 5234. Now for today as indicated yesterday trend is up although Nifty has made a weak close yesterday staying above 5268 may take Nifty to 5290+ levels even on closing basis. 5234 and 5217 will be two crucial supports for today. Staying below 5217 will bring fresh selling in market and staying above 5295 will bring fresh buying in market.

07-JULY-10

Nifty has given very strong close yesterday. Western market did give a good close yesterday but Asian market is looking slightly weak. For our market Nifty needs to stay above 5286 level to continue it's up trend. 5260 will be a crucial support for Nifty today with it's next support coming around 5234. Below 5234 market is looking weak.

06-JULY-10

Nifty could not cross crucial resistance level of 5257 yesterday. For today again 5257 will be a resistance on up side and 5217 is a support on down side.

05-JULY-10

Market has given a weak close on last Friday at 5237.10 level On Monday market is expected to give a bounce back and very good move if it stays above crucial resistance level of 5259. Target for Nifty may be 5278 and 5359 even on closing basis. Staying below 5257 for Nifty market is looking to remain weak

22-JUNE-10

Nifty has given a very strong close on Monday. As predicted Nifty given a strong close by staying above 5273. On Tuesday 5303 is a good support level staying above 5303 is a buy zone and staying below 5303 is a sell zone

21-JUNE-10

Nifty has given a weak close on last friday. For Monday staying above 5273 can take Nifty to 5285+ level on closing basis but staying below 5229 may take Nifty down to 5194 levels on Nifty.

18-JUNE-10

As predicted staying above 5258 Nifty touched an intraday high of 5285.55 and closed at 5274.85 which is very strong close for Nifty. On friday market market is looking strong if Nifty stays above 5275 and fresh buying will be supported in market above this level. 5247 is a good support for Nifty staying below 5247 Nifty may drift down further. Strong close is indicating more strength than weakness on technical side of the market

17-JUNE-10

Nifty has given a strong close yesterday 5258 is resistance level staying above 5258 will bring more buying in market. 5205 and 5181 are two good support levels for Nifty spot. Staying below 5181 will indicate a selling trend in market.

14-JUNE-10

As predicted Nifty touched a level 5139.05 on last Friday. For Monday fresh buying is expected in market if Nifty stays above 5125. Fresh buying for Nifty staying above 5125 level with 5097 as near end support for Nifty.

11-JUNE-10

As predicted yesterday Nifty has shown good move above 4995 and touched an intraday high of 5080+ level. For today 5125 and even more target for Nifty is possible if Nifty stays above 5063 level below 5063 Nifty may drift down

10-JUNE-10

Although Nifty has given a weak close yesterday but it has given a close above it's crucial support of 4995 which is a possitive for market. For today again 4995 is level to watch out for staying above this Nifty may get to 5125 level and fresh buying will return to market if Nifty further continue to move up beyond 5125 level. On the other side staying below 4995 will push market to further lower level with fresh selling in the market. Buy on Nifty above 4995 and Sell below 4995.

09-JUNE-10

As projected Nifty has moved down at closing time to very low level when moved down below 4995 it touched a low of 4967.30 For today if Nifty stays above 4995 then only it can see further buying in market as per yesterday's projected levels But staying below 4995 is a sell zone and no strength in the market will return unless it goes over and stays above 4995

08-JUNE-10

5020 & 4995 are major support for a quick bounce back in Nifty to cross 5127 in very short time. Falling below 4995 can bring considerable selling in market. Sell zone for Nifty is Nifty staying below 4995. Staying above 4995 is a Buy zone for Nifty and may give a pull back upto 5127 levels in short term if not breaking below 4995

07-JUNE-10

Market looking weak if Nifty stays below 4995 although 5060 & 5021 may provide good support for market. On upside above 5119 market will continue it's up move. Sell zone for Nifty staying below 4995 Buy zone for Nifty staying above 5119

31-May-10

After achieving initial target of 5037, Some profit booking at higher levels was expected but Nifty gave a firm positive close on technical levels. For Monday Nifty again has a support of 5037 staying below which it may slide down to 4997 level but staying above 5037 Nifty is looking more positive for further upside

28-May-10

Fantastic Nifty call performance yesterday as projected Nifty has given a close above 4988+ level. For today market has given a very strong close yesterday, 4964 is a strong support for Nifty Nifty staying below 4942 is a weak indication for market, On the upside 4999 is a trading support for market may test 5037 holding above 4999 will create strength in market with supportive fresh buying in index based stocks.Nifty target 5037 achieved in morning. Now market may see profit booking below 5037 and may fall back to trading support of 4999.

27-May-10

As projected staying above 4851 Nifty pulled back smartly and touched a high of 4925.45 which is very good move and strong close for market yesterday. For today 4861 is support for Nifty staying below 4861 can take market to 4833 level on closing basis. On upside Nifty may test 4942. Below 4861 is sell zone.Staying above 4947 Nifty may give a close around 4988+ levels

26-May-10

Yesterday's market was very weak and as forecasted staying below 4870 took it to a low of 4786.45 which is more than 80 points lower than given support level. For today as market is sold off yesterday a pull back is expected 4851 is a resistance level. Staying below 4841 is sell zone staying above 4851 is a Buy zone. Above 4851 market can give a surprising pull back in absence of major bad news. But below 4841 selling pressure will remain in effect

25-May-10

Market yesterday opened at 4944.30 and once get over 4952 moved to target 4983 and make a high of 5029.55, but profit booking and cautious approach in market pushed it back to close at 4943.95 which is a very weak close considering intraday strength during most of trading sessions yesterday. For today 4870 is support for Nifty below 4870 more selling pressure will continue but holding and staying above 4885 will provide some strength for the day.

24-May-10

Friday's closing for Indian market was a very strong closing and as predicted on staying above 4905 Nifty touched an intraday high of 4946.70 which was a good movement. Now for today 4952 is a resistance if Nifty holds above this may take it to 4983 levels 4908 is a good support staying below which Nifty may drift down to 4882 levels.

21-May-10

It's really fantastic to give a higher target for intraday Nifty when almost all the Asian market remained in Red zone. Against target of 4978 Nifty hit an intraday high of 4980.25 which is unbelievable & true. But today again turn out to be a negative session unless Nifty can stay above 4905 which is crucial to decide level. Staying below 4905 is sell zone and staying above 4905 is a buy zone for market. Extream volatility is now again becoming part of world stock market. From yesterday's trading session one can easily see the role of technical analyst in stock market against all odd higher target for Nifty suggested and met. Even today If Nifty changes it's direction as you never know level 4905 will give you an indiction to decide for intraday move.

20-May-10

Nifty and market is oversold it doesn't mean it can not go down from here as adverse news can further damage sentiments. No technical levels for Nifty suggested for support only a psychological support of 4900 to be considered but if Nifty stays in green It can test 4978 to even 5000+ level.

19-May-10

As mentioned yesterday 5034 proved to be vital support for Nifty as market could not go down more below that level touched an intraday low of 5024 and bounce back to touch a high of 5105 which is few points away from Nifty resistance of 5116. Buy Calls performed well yesterday including NOVARTIS,SRF & TUBE INV. along with Sell Call in HDFCBANK

Now for today market seems to be swinging between 5034 and 5116 for last 2-3 days 5034 is again a support for today. Despite negative close in US market our market may hold 5034 level on closing basis, but No long is advised below 5034 in Nifty spot and No short above 5071

18-May-10

As perfectly projected yesterday as Nifty was oversold a bit of positive news may have surprised every short seller in market above 5034 Nifty showed great strength once bounce back from low of the day due to short covering. Out of 5 Buy calls given yesterday three has been achieved and two of them has jump over 6% intraday which is a fantastic performance in negative market.

Now for today Nifty has given good close yesterday sensex was slightly weak so sort of mix close in market. But in absence of no fresh negative news market will take yesterday's support of 5034 and as told yesterday on crossing 5116 it's next targets are 5140 and 5185 above 5185 surprised buying may come to market.No long below 5034 and no short above 5116

17-May-10

As forcasted Nifty on last Friday tested 5185 levels but heavy selling pressure pushed it below 5109 levels and continued selling pressure at that level further pushed Nifty to a low of 5071 on Friday. Now for today Nifty is looking weak but oversold too 5034 is a support level for the day staying below which is further weakness in market and a closing below 5034 is possible which will be a weak technical closing for Nifty. It doesn't mean that market will slide down from there next day but more chances are there if it gives closing below 5034 today on otherside 5116 is a close resistance level which if taken out and Nifty stays over 5116 will be a bit positive for market and 5145 to 5185 can be possible.

14-May-10

For trading whole session yesterday market has shown great strength and good buying was seen in stocks like INFOSYS,TATA MOTORS,BATA etc but at the closing time higher level selling imerged as nifty came back below 5188 level which was a slightly weak indication. For today 5185 is resistance and 5109 is a good support for Nifty. Staying below 5109 will be a negative and may lead to further fresh selling in market but holding 5109 may take nifty to 5142 and 5185 levels. Above 5185 again good buying may enter the market.

13-May-10

Nifty has given a strong close yesterday. Fresh buying will be supported if nifty stays above 5188

12-May-10

Nifty given slightly weak close yesterday and as expected it has not held on to crucial level 5177. Today vital support is around 5118 any sustainable buying will be seen if stays above 5118

11-May-10

Nifty has given a very strong close yesterday as what has been projected by Market pulse. A public buzz with a time 8:55 am yesterday was given for nifty with a target 5145 which is almost 150 points on nifty and that call was over achieved. Google buzz generate the exact time when the buzz is being produced so no one can hide the fact. Now for today although market has given a very strong close 5177 is a cruicial support to stay long in the market as fresh buying is supported for nifty staying above 5177 for sensex support is much lower at 17211. As last few days the market is purely trading on news and hence immense volatility is seen. So stay cautious although no short on Nifty is suggested.

Add site