Nifty Futures for Wed 20th July

Smart recovery in Europe and US has given a small boost to the global markets and most of then are in green today morning. 

We can expect nifty to open with a gap up and try and take 5630 as a strong support @ this 1 resistance level mentioned earlier. On the upside the last week high of 5667 is very critical and sustaining above this nifty will test 5700 for sure.

But if consistent buying is not visible in the 2nd half of the day, Nifty may test the new support made at 5584 & 5555 and the only way to ride on both sides is sell if nifty goes below 5602.

Learn to develop a swing trading strategy which can factor in the volatility of the market movement and earn on either side of the movement with ease.

Sector's to watch out and buy on DIPS for today:

Oil & gas, IT Stocks, Banking

Nifty Futures for Monday 18th July

Nifty should open with a gap up and sustain the momentum. Most likely if nifty does not cross 5630 very soon then the BEARS could be more interested in taking the nifty down.

Buy nifty if above 5594 for tgt of 5630 and 5667 (last week high) and on the down side if nifty goes below 5564 then tgt will be 5504 and further support will come at 5480 levels.

Watch out for Europe stress test results and US initial data for the stimulus updates.

18th July '11 - SENSEX

VEDIC MATHS..... Lot of people know about it ...but hardly anyone believes in it.

SO call me a believer, blindfold or one who follows astronomical science for clues.... 18 - 7 - 11.

Yes that's the date on MONDAY 18th July 2011

WHY is this date important:

On 18th Feb 2011, sensex closing was 18211.52 which had a lot of significance. Jan 2011 had 5 weeks and Feb 2011, 2nd week means 7th week of this year 2011 had this date 18/2/11 and now if you relate 18211.52 (5+2=7) you will understand what i am trying to explain.

Similarly, 18/7/11 is the 29th week for this year and in short 2+9 = 11 which means on this monday we may see sensex touching 18711.29 and if it closes above it ....the next prediction would be shocking for most of us.

SO stay tuned for such great analogy of the markets.

AND special bonus for all you lucky readers of this post....Find below an Insight to the Q1 earnings and expectations of various sectors: