NOT EXPECTING IFCI TO TRADE ABOVE 65 LVLS
ON DOWNSIDE 58 MAJOR SUPPORT

REST ALL DEPEND UPON MARKET

It closed above the 5 DMA and 20 DMA levels and RSI around 92, indicating that the market is looking volatile ahead in the coming days.

5200 emerged as a strong support in the downside and will be decisive in confirming the trend reversal incase it gets broken on the downside.

Astrologically Sun in Gemini, ruled by Mercury and the ruler Mercury in Taurus will bring buying interest in Silver, Cotton, Banking, Financial, Sugar, Textile, Automobile, IT, Telecommunication and FMCG stocks, while Jupiter in the Pisces may attract buying interests in the banking sector and Gold.

Nifty finally closed at 5402
gaining 19 points or 0.35 %
With Advance-Decline Ratio in favor of the bulls

Trading Strategy for 14 July, 2010

Intraday Support for the market shall be 5352 & 5308.
While the market will experience resistance at 5441 & 5478.
Best Strategy shall be to:-

Buy above 5418 with Stop Loss of 5384
Sell below 5384 with Stop Loss of 5418

Copper prices moved higher on Friday and closed up a two-week top, driven by improving economic sentiment and expectations that demand from China, the world’s biggest consumer, remained robust in June. China during the weekend will release its June import figures.

Copper for September delivery rose 3.80 cents or 1.3 percent to finish at $3.0535 per lb after trading in a range of $3.0160 to $3.0705 on the Comex metals division of the New York Mercantile Exchange. LME copper for three-month delivery closed at $6,769 per tonne from Thursday close at $6,610 a tonne.

Click here to get All Commodity Tips , free MCX tips, Bullions tips.

Source :- http://freecashmarkettips.blogspot.com/

NIFTY
Mode-Flat to Strong
RESISTANCE-5319/5341/5377
SUPPORT-5275/5253/5217
SENSEX
Mode-Flat to Strong
Resistance-17705/17758/17845
Support-17598/17546/17458
Above resistance= Strong
Below support =Weak
All above levels are spot levels
If NIFTY breaches 5341 and stays above atleast 5319 with good volume then NIFTY may see 5365 and 5400.If Nifty breaches 5253 and stays below 5275 then NIFTY is weak.Then expected lower targets are 5225 and 5185.
If SENSEX breaches 17758 and stays above 17705 with good volume then possible upper targets are 17830 and 17930.If Sensex crosses 17546 and stays below 17598 level then Sensex is weak.Then expected lower targets are 17470 and 17365.

A finite number of futures traders participate in the markets on any given day, week, or month. Many of these futures traders do the same kinds of things over and over in their attempt to make money. These individuals develop behaviour patterns, and a group of individuals, interacting with one another on a consistent basis, form collective behaviour patterns. These behaviour patterns are observable and quantifiable, and they repeat themselves with statistical reliability. Technical analysis is a method that organizes this collective behaviour into identifiable patterns. The patterns can give indications of when there is a greater chance of the market moving in one direction or another. In a sense, technical analysis allows you to get into the mind of the market, and anticipate what`s likely to happen next, based on the kind of patterns the market generated in the past.

As a method for projecting future price movement, technical analysis has turned out to be far superior to a purely fundamental approach. It keeps the futures trader focused on what the market is doing now in relation to what it has done in the past. This is instead of focusing on what the market should be doing based solely on what is logical and reasonable as determined by a mathematical model, as would be done in fundamental analysis.

But, if technical analysis works so well, why don`t more people consistently make money? Once an investor learns to identify patterns and read the market, there are limitless opportunities to make money. But, as I`m sure you already know, there can also be a large difference between what you understand about the markets and your ability to transform that knowledge into consistent profits.

Think about the number of times you`ve looked at a price chart and said to yourself, Hmmm, it looks like the market is going up (or down), and what you thought was going to happen actually did happen. But, you didn`t actually make a trade, and in the end you moaned over all the money you could have made.

There`s a big difference between predicting that something will happen in the market, and the reality of actually getting into and out of future trades. The difference is a mental gap that can make futures trading one of the toughest fields to master.

But can futures trading be mastered? Is it possible to actually trade with the same ease and simplicity you feel when you`re only watching the market and having theoretical successes? Regardless of your ability to use technical analysis, you still need to make money. Well, it is possible. Placing trades in the futures market can become as easy, simple, and stress-free as watching the market and thinking about doing futures trading.

This may seem unlikely, and to some futures traders it may even seem impossible. But it`s not. There are people who have mastered the art of trading in futures, who have closed the gap between the possibilities available and their bottom-line performance. They have taken the opportunities given them by using technical analysis, and they`ve applied the other skills necessary to make consistent profits. With time, and discipline, you can learn to trade in futures like the most successful futures traders.

About the Author
Who Else Wants To Learn A Simple, Step-By-Step System For Generating Quick & Easy Profits, Trading Futures? – FREE FOR A LIMITED TIME – http://www.futurestradingsystemsx.com/index.php

Article source:
Perfect Technical Analysis Creates Opportunities and Wealth

Markets are trading exactly in tune to the prediction made by us in our 25th June’s blog in which we predicted that the markets are likely to slip and may soon slip back to 5000 levels.

It closed below the 5 DMA and 20 DMA levels and RSI around 22, indicating that the market is looking weak ahead in the coming days and may soon slip back to 5000 levels.

5200 will again be decisive in confirming the trend reversal incase it gets broken on closing basis. We may see the markets to slip to 5000 levels soon if 5200 is broken.

Last month markets surged up to 5350 levels from 4900 mark right after our prediction of positive trend in our 4th June’s blog, as the markets slipped to 4700 from 5200 after our 3rd May’s blog.

Astrologically Market is weak ahead but Sun in Gemini, ruled by Mercury and the ruler Mercury in Taurus will bring buying interest in , Silver, Cotton, Banking, Financial, Sugar, Textile, Automobile, IT, Telecommunication and FMCG stocks, while Jupiter in the Pisces may attract buying interests in the banking sector and Gold.

Nifty finally closed at 5237.10
loosing 14 points or 0.27 %
With Advance-Decline Ratio in favor of the bears

Trading Strategy for 5 July, 2010

Intraday Support for the market shall be 5200 & 5158.
While the market will experience resistance at 5278 & 5328.
Best Strategy shall be to:-

Buy above 5251 with Stop Loss of 5221
Sell below 5221 with Stop Loss of 5251

Markets are trading exactly in tune to the prediction made by us in our 25th June’s blog in which we predicted that the markets are likely to slip and may soon slip back to 5000 levels.

It closed below the 5 DMA and above 20 DMA levels and RSI around 24, indicating that the market is looking weak ahead in the coming days and may soon slip back to 5000 levels.

5200 has emerged as a support for the markets and it will again be decisive in confirming the trend reversal incase it gets broken on closing basis. We may see the markets to slip to 5000 levels soon if 5200 is broken.

Last month markets surged up to 5350 levels from 4900 mark right after our prediction of positive trend in our 4th June’s blog, as the markets slipped to 4700 from 5200 after our 3rd May’s blog.

Astrologically Market is weak ahead but Sun in Gemini, ruled by Mercury and the ruler Mercury in Taurus will bring buying interest in , Silver, Cotton, Banking, Financial, Sugar, Textile, Automobile, IT, Telecommunication and FMCG stocks, while Jupiter in the Pisces may attract buying interests in the banking sector and Gold.

Nifty finally closed at 5256.15
loosing 77 points or 1.45 %
With Advance-Decline Ratio in favor of the bears

Trading Strategy for 30 June, 2010

Intraday Support for the market shall be 5200 & 5158.
While the market will experience resistance at 5300 & 5342.
Best Strategy shall be to:-

Buy above 5272 with Stop Loss of 5239
Sell below 5239 with Stop Loss of 5272

Markets are trading exactly in tune to the prediction made by us it gave last fno closing around 5300 after our prediction for the same in our blog few days back.

It closed below the 5 DMA and above 20 DMA levels and RSI around 30, indicating that the market is looking weak ahead in the coming days and may soon slip back to 5000 levels.

5200 has emerged as a support for the markets and it will again be decisive in confirming the trend reversal incase it gets broken on closing basis. We may see the markets to slip to 5000 levels soon if 5200 is broken.

Last month markets surged up to 5350 levels from 4900 mark right after our prediction of positive trend in our 4th June’s blog, as the markets slipped to 4700 from 5200 after our 3rd May’s blog.

Astrologically Sun in Gemini, ruled by Mercury and the ruler Mercury in Taurus will bring buying interest in , Silver, Cotton, Banking, Financial, Sugar, Textile, Automobile, IT, Telecommunication and FMCG stocks, while Jupiter in the Pisces may attract buying interests in the banking sector and Gold.

Nifty finally closed at 5269.05
loosing 52 points or 0.97 %
With Advance-Decline Ratio in favor of the bears

Trading Strategy for 28 June, 2010

Intraday Support for the market shall be 5224 & 5182.
While the market will experience resistance at 5314 & 5358.
Best Strategy shall be to:-

Buy above 5284 with Stop Loss of 5251
Sell below 5251 with Stop Loss of 5284

Markets are trading exactly in tune to the prediction made by us in our 4th June’s blog in which we predicted that markets will consolidate now for another beginning of positive trend and will soon head for 5300+ levels and from last many blogs we revised that markets are now heading for 5350+ levels. Now every other person (pseudo analysts) in the street will come up with the targets of 5600 & 5800 so on.

It closed above the 5 DMA and 20 DMA levels and RSI around 95, indicating that the market is looking positive ahead in the coming days.

5200 is emerged as a support for the markets in the short term, and it can again be decisive in indicating the trend reversal incase it gets broken on closing basis. We may see this months FNO expiry to close around 5300 levels.

Last month Markets slipped down to 4700 levels from 5200 mark right after our prediction of slipping below this level in our 3rd May’s blog.
Astrologically Sun in Gemini, ruled by Mercury and the ruler Mercury in Taurus will bring buying interest in , Silver, Cotton, Banking, Financial, Sugar, Textile, Automobile, IT, Telecommunication and FMCG stocks, while Jupiter in the Pisces may attract buying interests in the banking sector and Gold.

Nifty finally closed at 5353.30
gaining 91 points or 1.72 %
With Advance-Decline Ratio in favor of the bulls

Trading Strategy for 22 June, 2010

Intraday Support for the market shall be 5316 & 5262.
While the market will experience resistance at 5396 & 5438.
Best Strategy shall be to:-

Buy above 5371 with Stop Loss of 5338
Sell below 5338 with Stop Loss of 5371