SGX Nifty 6th 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 6th Oct 2015

SGX Nifty Trend was positive from the word go. Positive overnight cues from Dow and S&P 500 helped our Stock markets gap up and after the gap up Nifty kept on building strong positive structure. Finally Nifty 50 closed the day higher by 168 points at 8119. (Nifty 50 spot levels mentioned). As per our Stock Market analysis / Nifty Prediction we had clearly mentioned that we must be buying on dips at appropriate points or near small stop loss points. Once again our analysis has been absolutely spot on and most traders and investors are now stuck in short positions or do not have much stock with them. On Friday a lot of traders called me in panic after seeing SGX Nifty lower by 70 points and asked me what will happen and I did mention to them that I do not see weakness immediately as of now and on any dip we must be buying. Some traders said “Itna kharab news how can markets go up ?” But I don’t follow news it really does not matter wave structure and time cycle is much more important than anything. Even a simple strategy of Trend following will make huge money but no one wants to listen to the market they want to dictate their terms to the market. As a trader / investor always we must be listening and following what markets are telling us and just following them will make huge money. Nifty today consolidated for over 3 hours today in a narrow range of 8068-8050 (Nifty 50 spot levels mentioned) and then broke out yet Janta is shorting. Anyways I always say I write what I see in spite of me openly telling Buy on dips Janta is shorting the rise (this is clearly evident from the Open Interest data) and Janta is already trapped in short positions.

SGX Nifty Minor Trend Is Up. SGX Nifty Major Trend is Up. Nifty support and resistance for tomorrow is at 8030 and 8233. Buy on dips at small stop loss points.

Bank Nifty Prediction / Bank Nifty Update

Bank Nifty Trend today was positive. Bank Nifty finally outperformed today and closed the day higher by 523 points up at 17674. (Bank Nifty Spot Levels Mentioned) Bank Nifty Minor Trend Is Up. Bank Nifty Major Trend is Up.

USDINR Update / USDINR Prediction

USDINR Minor Trend is Down. USDINR Major Trend is also down. Target for current move is 64.25. Importers wait for signal to hedge. As of now let open positions ride.

Crude Oil Update

We expect a very volatile period for Crude Oil between 6th Oct 2015- 17th Oct 2015. In fact entire energy sector will be volatile due to multiple Jupiter and Neptune signatures. More details will be updated later.

Stock Market Tips / Stock Market Advice given today is as under (Chat Transcript is updated)

[10/5/2015, 8:27 AM] : Gm
[10/5/2015, 8:49 AM] : Nifty Oct Fut continue holding 2 parts till next update
[10/5/2015, 8:49 AM] : Bank Nifty Continue Holding 1 Part till next update
[10/5/2015, 9:17 AM] : Nifty Oct Fut Continue Holding 2 Parts Till Next Update. Bank Nifty Continue Holding 1 Part Till Next Update.
[10/5/2015, 9:26 AM] : Reiterate Buy & Hold Bajaj Hind, Renuka Sugar & EID Parry. (LT Delivery)
[10/5/2015, 9:31 AM] : LT means long term for 3 years
[10/5/2015, 9:31 AM] : Nifty Spot If Crosses 8130 Spot Before 11.35 AM Then TGT For Today 8192
[10/5/2015, 9:34 AM] : USDINR Break Below 64.97 Spot Before 11.35 AM TGT 64.51 Spot Today
[10/5/2015, 9:40 AM] : For Long Term Delivery / Investment Buy NMDC ( Totally Debt Free Co, Div Yield Is Over 10% @ CMP )
[10/5/2015, 11:53 AM] : BTST Trade Nifty Oct Fut Buy 1 Part @ 8055 & 2nd Part @ 8042 SL 8034 Oct Fut Lvls Mentioned. (Prefeed Rates) Prefeed Means Bhavv Dal Ke Rakho. Overall Tezi Will Continue.
[10/5/2015, 11:53 AM] : Nifty Oct Fut Continue Holding 2 Parts Till Next Update. Bank Nifty Continue Holding 1 Part Till Next Update.
[10/5/2015, 1:04 PM] : Nifty Oct Fut Continue Holding 2 Parts Till Next Update. Bank Nifty Continue Holding 1 Part Till Next Update.
[10/5/2015, 1:48 PM] : Nifty Oct Fut Continue Holding 2 Parts Till Next Update. Bank Nifty Continue Holding 1 Part Till Next Update.
[10/5/2015, 1:55 PM] : Nifty Oct Fut Book 1 Part @ 8110 Spot Lvl (Prefeed) Bank Nifty Book 1 Part @ 8110 Spot Lvl (Prefeed). Hold Rem 1 Part Nifty Oct Fut Till Next Update
[10/5/2015, 3:27 PM] : Confirmation Nifty Oct Fut 1 Part Booked @ 8110 & Bank Nifty 1 Part Booked
[10/5/2015, 3:27 PM] : Nifty Oct Fut Hold 1 Part Till Next Update
[10/5/2015, 3:28 PM] : was not on screen due hence delayed confirmation msg
[10/5/2015, 3:28 PM] : Final Confirmation Nifty Oct Fut Holding 1 Part
[10/5/2015, 3:28 PM] : Continue Holding NIfty Oct Fut 1 Part Till Next Update
[10/5/2015, 3:30 PM] : Due to unavoidable circumstances was not on screen hence gave delayed confirmation msg.
[10/5/2015, 3:30 PM] : Janta is trapped on the short side now more details I will update in daily update in some time

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

Good Trading To You!