SGX Nifty 5th Oct 2015

SGX Nifty

74.30

Index Last High Low
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
CNX Nifty Spot 7879.50 7880.20 7837.70

 

SGX Nifty / SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live / Nifty Trend / Nifty Prediction / Stock Market Tips for 5th Oct 2015

SGX Nifty Trend today was flat. Overnight CAC, DAC, FTSE, Dow & S&P 500 began confirming reversal in trend. Based on positive global cues SGX Nifty opened in the green and made a high of 8008 after which Nifty started a steady correction / consolidation through the day (Nifty 50 Spot Levels Mentioned). At one point Nifty was marginally in the red. In the end Nifty closed the day flat today at 7950 Up 2 points. As per our Stock Market Advice / Nifty Prediction we did book part profit in the morning at 8020 levels and then reentered Nifty at 7957 (Nifty Oct Future Levels). We maintain our overall bullish bias and we recommend to Buy on dips towards supports or small stop loss points. On Tuesday we have also given go ahead to Buy Portfolio. We have given a list of safe companies to invest for this current move. We do not see any significant downside for Nifty / Nifty Futures for the time being. We are clear corrections / pullbacks will keep coming but on dips at appropriate points we will keep buying till our upside targets are not completed. Most people are now stuck in shorts or have been left out of the buying opportunity that was present two days back. Nifty will still give ample opportunity to buy portfolio and give ample trading entries all along the way. Lot of opportunities will be present and if traded with proper risk management systems lot of money can be made. A lot of traders have been calling and asking what I have written in the password protected “Nifty Critical Update” I am providing a part of the update below. Some critical levels have on purpose been kept blank for the time being.

“After the RBI policy (Based on 0.50 Repo Rate Cut which I did not expect) Nifty started rallying and made a terminal failure on the downside which in simple language means Mandi is over but only for the time being. Nifty will now be Buy on dips and on upside targets for the same will be ????-???? and yes this entire move is going to be corrective wave after which next round of down move will again resume. 7211-6800 will also come in final round of down cycle but for now demak sea Mandi nikal do for next few ??. “

Next week on 6th Oct 2015 Mars will be in opposition to Neptune and on 9th Oct 2015 Mercury will go direct. So post 9th Oct 2015 we can expect more stability in the Global Stock Markets.

SGX Nifty Minor Trend is Up. SGX Nifty Major Trend Is Up. Nifty support and resistance for tomorrow is at 7870 and 8130. Strategy Buy On Dips. Sell Euphoria and Buy Panic. Keep trading in and out.

Bank Nifty Nifty Trend / Bank Nifty Prediction

Bank Nifty under performed for the second day today. We do not see under performance of Bank Nifty lasting beyond the next 2 trading days. Within the Bank Nifty. Indusind Bank looks very good for the next 2-5 days. Intraday traders / Positional Traders keep a watch on Indusind Bank.

USDINR Update

USDINR has turned down after Reserve Bank of India policy on Tuesday. On Tuesday itself we had recommended to exit all hedging positions done by importers. More details on USDINR will be given by Monday 5th Oct 2015.

SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live updates are given below for ready reference.

Good Trading To You!

Stock Market Advice / Chat Transcript Is Enclosed Below

[10/1/2015, 9:07 AM]  : Gm

[10/1/2015, 9:08 AM]  : Positional Trade Update Nifty Oct Fut Hold 2 Parts Till Next Update

[10/1/2015, 9:09 AM]  : Positional Trade Update Bank Nifty Hold 2 Parts Till Next Update

[10/1/2015, 9:17 AM]  : Bank Nifty Book 1 Part @ CMP & Hold 2nd Part Till Next Update

[10/1/2015, 9:17 AM]  : Confirmation Bank Nifty Booked 1 Part

[10/1/2015, 9:19 AM]  : Positional Trade Update Nifty Oct Fut Hold 2 Parts Till Next Update

[10/1/2015, 9:20 AM]  : Nifty Oct Fut Book 1 Part & Hold 2nd Part Till Next Update

[10/1/2015, 9:20 AM]  : Confirmation Nifty Oct Fut Booked 1 Part

[10/1/2015, 9:23 AM]  : Nifty Oct Fut Buy 1 Part Again @ 7957 Oct Fut Lvl (Prefeed) <If Comes Then Only We Will Buy Or Else Just Continue Holding 1 Part>

[10/1/2015, 9:24 AM]  : Reiterate Buy & Hold / Accumulate Bajaj Hind, Renuka, EID Parry

[10/1/2015, 10:57 AM]  : Nifty Oct Fut Buy 1 Part Again @ 7957 Oct Fut Lvl (Prefeed) <If Comes Then Only We Will Buy Or Else Just Continue Holding 1 Part>

[10/1/2015, 11:00 AM]  : Nifty Oct Fut Buy 1 Part @ CMP

[10/1/2015, 11:00 AM]  : Confirmation Nifty Bought 1 Part @ CMP /7960

[10/1/2015, 11:00 AM]  : Positional Trade Update Nifty Oct Fut Hold 2 Parts Longs Till Next Update

[10/1/2015, 11:02 AM]  : Positional Trade Update Nifty Oct Fut Hold 2 Parts Longs Till Next Update

[10/1/2015, 11:04 AM]  : Bank Nifty Hold Rem 1 Part Till Next Update

[10/1/2015, 11:12 AM]  : Please Understand Nifty is Buy on dips, On dips or small sl points we will be buying Nifty.  Pullbacks will keep  coming and each time it will keep making higher top and bottom formation. Pullbacks within a rally are very health and will keep giving us chances to keep reentering / Adding Positions In Nifty. Please follow msg and trade

[10/1/2015, 11:14 AM]  : Yesterday Nifty has consolidated full day and broke out above our confirmation point of 7938 Spot Nifty and also we have seen Gap up which further confirms our calculations are correct

[10/1/2015, 11:15 AM]  : Bk Nifty will also keep making the similar formation and from monday we expect it to play out performance w r t Nifty

[10/1/2015, 11:53 AM]  : Positional Trade Update Nifty Oct Fut Hold 2 Parts Longs Till Next Update & Bank Nifty Hold 1 Part Till Next Update.

[10/1/2015, 2:00 PM]  : Positional Trade Update Nifty Oct Fut Hold 2 Parts Longs Till Next Update & Bank Nifty Hold 1 Part Till Next Update.

[10/1/2015, 2:17 PM]  : Today’s consolidation about to end shortly  next stop for Nifty 8070-8130 spot

[10/1/2015, 2:17 PM]  : Tezi overall will continue till 8800

[10/1/2015, 2:18 PM]  : Open interest shows Janta selling