View on Nifty

Nifty tested the upper channel and hence met the target of our earlier posting at 4550. Thereafter it lost tthe gains and dip in negative before recovering to postive territory. If you study candlesticks it shows Doji formation which signifies indecisive ness. In order to rise further nifty needs to break the upper channel with volumes. If nifty goes on red today than it may retrace to 38% to 50% which comes out to the level of 4470 to 4445. Our long term target of 5000 on nifty is still intact

Today upside resistence are 4530 to 4550                                                              

Infosys - Week Ahead

The earnings announcement did not bring positive surprises and the situaton is the same..

We found the splurge in volumes but a decisive movement above 2100 or 1900 did not took place.

We need a strong consequtive close above 2100 to see a change in trend and positive outlook for stock. 1900 has acted as strong support and consecutive cand decisive lose below would take stock to 1820 and 1700 level.

In infosys dont get moved by spikes but make your mind by seeing decisive closes. Till than stock will be rangebound                                                              

Nifty Options Call Put Price

Please note that More Links can be found in New Blog.
Nifty NSE Future and Options Quotes/Daily Prices
PLEASE BOOKMARK THIS (BELOW LINK) PAGE :
http://www.mysticmadness.com/nifty-nse-future-and-options-quotesdaily-prices.html


I have many requests from People to give them a link from which they can find the Nifty call and put option price along with Future price. The Link is Below. Please bookmark it as it will help you strategize.

http://www.nseindia.com/content/fo/foquote.htm

Please leave comment in case more help is required.                                                              

GMR Infrastructure- Different Views

Moneycontrol stories on GMR

http://www.moneycontrol.com/india/news/stocksviews/anilmanghnanimodernsharesstockbrokersgmrinfrastructure/gmrinfrahastargetrs1029manghnani/market/stocks/article/291909

http://www.moneycontrol.com/india/news/stocksviews/vibhavkapoorilfsinvestmartgmrinfrastructure/sellgmrinfrastructurevibhavkapoor/market/stocks/article/291929


http://www.moneycontrol.com/india/news/stocksviews/anujainomniscientsecuritiesgmrinfrastructure/beinvestedgmrinfrastructure/market/stocks/article/291964


http://www.moneycontrol.com/india/news/udayans-comments/gmrgreat-storyvaluationslofty/14/40/291949                                                              

Strategy on Nifty

I know writing options leads to a long wait and most of people in market is too restless. But startegy is paying off. Only 10 days left to book the profit and 4200 is far off. Now is time to write to call. I will soon post new startegy as soon my indicators show consolidation.