Wave Trading

Friday, July 20, 2012

The Government approved the sale of 10.82% of Its stake in Steel Authority of India (SAIL)

The Government today approved the sale of 10.82 per cent of its stake in Steel Authority of India (SAIL), which may fetch the exchequer over Rs 4,000 crore.

The cabinet committee on economic affairs (CCEA), headed by Prime Minister Manmohan Singh, this evening has cleared SAIL public offer.

The share sale process, proposed to be conducted through auction route or offer for sale.

05:30 am. 20/07/2012

Thursday, July 19, 2012

For more details Mail at

Just Jay Ho

At 10:37 updates on Twitter vital support is 5231.. and at 10:45 AM sent sms to our clients to sort NF at 5260 to 5265………It made high 5267 and now Made low 5242..

Just Look and Reply

Shalimar Paints: Hurdle 601…………..Look made high 600 and crashed….

Support is 561………already made low 570………..

L&T: Above 1408 hurdle is 1422……………. Made high 1421.05…….

Morning Mantra --- Stocks

Today’s 1^st resistance is 1408………….

Above this level stock will jump to kiss 1416—1422--1430

Major supports are 1385 to 1388……..

Try to accumulate at lower level for sort time gain……

Above 601 to 605 look very carefully the next hurdle levels 622 to 629……..

If sustain above 630 with volume then with touch 654 to 660 level with hours…………..

Major support levels are 561 to 557……………….

08: 52 AM 07/19/2012

Morning Mantra ---Nifty Future

ADX is an oscillator which indicates the strength of the market. To some extent, it serves the purpose of volatility indicator. We would like to stress on a point that ADX does NOT tell us the direction of the market, whether bull or bear. It only indicates the strength of the market. As we said before, many traders have a wrong view on ADX. Let us clear that initially before going deep into the study.

Good Morning and Happy Trading.

Yesterday (i) before opening written vital resistance is 5228, Nifty Future made high 5237. And close at 5223.

(ii) Written vital support is 5177, Nifty Future made low 5177. And take a sharp bounce back.

Day’s 1^st hurdle is 5236 to 5243.

If Nifty Future able to sustain above this level then next hurdle will be 5258/61—5281 to 5287.

NF may chase 5436 / 39 –5476/79 – 5580 --- 5630 levels very soon.

Today’s 1^st support is 5216.

The next and vital support level is 5206---5203---5200.

If Nifty Future start to trade below 5196 level with volume then

PANIC will kill the Bullish move……………

“End of next week we can see an unexpected level in Nifty Future”

More reversal points for our subscribers only.

06:45 AM 07.19.2012

Wednesday, July 18, 2012

Contact

1st Mega Star

Salut

Nifty Future Updates

Below 5201 Next support level is 5192 to 5186….

Above 5222 a fresh up move not ruled out…..

Reply

Nifty Future: Vital support is 5177

Low is 5177

L&T : Hurdle: 1382….High is 1381.15

Support is 1362…Low is 1363..

Bajaj Auto: Told stop 1456…made high 1455 and after that made low 1425…

Now high is 1469…………

Just Look

Written 1^st resistance is 1382…..

Made high 1381.15……

1^st support 1362…..

Already made low 1365….

Morning Mantra ---- Stocks

Yesterday:

Written before opening about High: 1392

Happened High: 1399

Written before opening about Low: 1374

Happened Low: 1373.65

Written to accumulate at 322, for Intraday Target 327 + levels.

Intraday touch 328.80 (+2.11%)

Look very carefully day’s vital support at 1362/1361.

Today’s 1^st resistance is 1382 to 1390………….

If sustain above this level then next hurdle will be 1396……

Today will be very volatile………………

If start to trade below 1430 go sort……….

Next support is 1407…….and after that 1356……………

Your trading Stop 1456……………….

07:18 AM 07/18/2012

Morning Mantra --- Nifty Future

Good Morning and Happy Trading.

Yesterday (i) before opening written vital resistance is 5249, Nifty Future made high 5248.

(ii) Written below 5222 the vital support is 5190, Nifty Future made low 5188.

Today’s Low will act a vital role for coming few sessions.

Day’s 1^st hurdle is 5206……………………..

If Nifty Future able to sustain above this level then next hurdle will be 5217—5228.

For time being maintains 5250 at Stop for your all sort positions…………

NF may chase 5436 / 39 –5476/79 – 5580 --- 5630 levels very soon.

Today’s 1^st support is 5180 -- 5178/77; quite possible Nifty Future will touch it at opening bell.

The next and vital support is 5163 / 5151………………….

If Nifty Future start to trade below this level with volume then the immediate support will be 5138.

More reversal points for our subscribers only.

06:45 AM 07.18.2012

Tuesday, July 17, 2012

Nifty Future Updates

Above 5229 Nifty Future will face resistance at 5241….

Below 5208 the next support will be 5190.

Just look at BhartiAirtel…………

Written before opening catch at 322………will face hurdle at 327…….

Already 326.35 (1.35%)………..Jai Ho………….

Nifty Future

Before opening written above 5222 Nifty future will face resistance at 5249, NF high is 5248..MiNifty open and low is 5223.

Below 5222 vital support is 5213………

Morning Mantra -- Stocks

Yesterday suggest to buy BHEL, JSW Steel, Dena Bank and Zicom. Only Dena Bank is active, within 48 hours if get the level of rest three stocks then buy……..

Today look very carefully at 1392 level,

If able to cross then will test 1406 to 1416 with in few hours…………….

Major support levels are 1374 to 1368.

Above 322 catch it…… will touch 327 to 331 within few hours……..

Above this levels will show 335 to 340(+) level very soon.

Your trading Stops is 317.50……………………….

06: 52 AM 07/17/2012

Morning Mantra ----- Nifty Future

It is said that longer the analyzing period, longer the moving average to be taken. For instance, for a long term period, a moving average of 100 may suit though there is no well proved strategy for picking the averages. The reason is that the longer moving average is not affected by the short term movements, giving more clarity towards the long term.