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Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 18 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Wed, 17 Mar 2010 11:15:42 +0000

The previous market session closed on a strong positive note after a flat opening, markets turned volatile on opening but soon gained strength on sustained buying spree which helped the markets to surge up and trade with modest gains throughout the days session which helped the markets to finally reach above the 5260 levels at one point of time. Markets crossed our pre calculated resistance level of 5238 and again our buying strategy for buying above 5221 fetched profits to the traders

It closed well above the 5 DMA and 20 DMA levels and RSI around 96 indicating that the market is looking positive, volatile and may reach above 5300 levels soon if this buying spree continues with forced short coverings to be seen at higher levels.

Nifty finally closed at 5231.90
gaining 34 points or 0.65 %

Trading Strategy for 18 Mar, 2010

Intraday Support for the market shall be 5184 & 5142 .

While the market will experience resistance at 5276 & 5318.

Best Strategy shall be to:-

Buy above 5251 with Stop Loss of 5208

Sell below 5208 with Stop Loss of 5251

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 17 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Tue, 16 Mar 2010 10:44:28 +0000

The previous market session closed on a extremely strong note after a flat opening, after the opening markets turned volatile but sustained buying spree helped the markets to spectacularly surge up in the days session which helped the markets to finally reach above the 5200 levels. Markets reached to our pre calculated resistance level of 5206 and again our buying strategy for buying above 5151 for the target of 5206 fetched huge profits to the traders

It closed above the 5 DMA and 20 DMA levels and RSI around 80 indicating that the market is looking positive, volatile and may face stiff resistance above 5200 levels, unless it manages to give closing above 5200 levels for this week.

Nifty finally closed at 5198.10
gaining 69 points or 1.35 %

Trading Strategy for 17 Mar, 2010

Intraday Support for the market shall be 5152 & 5108 .

While the market will experience resistance at 5238 & 5276.

Best Strategy shall be to:-

Buy above 5221 with Stop Loss of 5178

Sell below 5178 with Stop Loss of 5221

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 16 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Mon, 15 Mar 2010 11:16:26 +0000

The previous market session closed on a flat note after a flat opening, after the opening markets turned weak but gained some strength in the mid session which helped the markets to finally manage to close flat with the marginal loss at the end of the day.

It closed above the 5 DMA and 20 DMA levels and RSI around 70 indicating that the market is looking positive, volatile and facing stiff resistance at every level while inching towards the 5200 levels.

Nifty finally closed at 5128.90
loosing 8 points or 0.16 %

Trading Strategy for 16 Mar, 2010

Intraday Support for the market shall be 5084 & 5046 .

While the market will experience resistance at 5174 & 5206.

Best Strategy shall be to:-

Buy above 5151 with Stop Loss of 5108

Sell below 5108 with Stop Loss of 5151

A Dialogue on Astrology, Fate and Action (Jyotish, Bhagya avam Karma)

Indrodeep Banerjee — Sat, 13 Mar 2010 07:39:03 +0000

In spite of the fact that Astrology can successfully predict many of the coming events of human life in advance, including the events of the stock markets and mundane affairs, but many of us doesn’t seem to easily agree with this fact and love to argue over its authenticity, in disbelief.

They love to argue that if the action is important over the fate or not, or if with the help of action one can achieve dominance over the shortcomings of ones own fate or build up their own fate themselves. Here I will like to explain that the action is equally important as the ones own fate is, and every human action is limited within the boundaries of ones own fate. I mean to say that any action is not possible beyond the boundaries determined by ones own fate.

Without fate action won’t be able to deliver any result, however hard labor of the action be done. Fate is must and it remains the first criteria but the action is also necessary to enjoy the fruit of the fate, without action one can remain deprived of enjoying the taste of the ones own fate. Such as it is impossible to write with a pen, without any ink, even with the hard effort to write with, so is it to do action without having the fate. As well as one will be able to write only as much as the ink of the pen allows to write, in spite of any hard effort to write, so the fact remains intact that however hard a action may be but it can only achieve that much which is allowed within the boundaries of ones own fate.

But action is equally important because even after having a good fate one cannot enjoy its fruit unless the effort of action is done. Like even after having a dish full of delicious food materials, in front, one cannot satisfy his own hunger unless he puts in the effort of action by eating up the food with his hands. Therefore action is must to enjoy the fruits of ones own fate. Here I will like to add that whether the action is done by a person himself or any other person on his or her behalf is not the matter but what is important is that the action has to be done to enjoy the fate. Any inaction can keep one deprived of enjoying the benefits of ones own fate, at the fullest.

To conclude I will like to say its better to evaluate the things altogether instead of entering into the arguments or into beliefs or any disbelief but to critically evaluate the things. If the science of astrology successfully delivers the desired results for the welfare of the human life, by properly predicting the coming events in advance, then we must accept it and welcome its application with open arms in the various aspects of our life.

The motive should not be to criticize, but to accept any application that can be helpful in human welfare, and here astrology can fulfill the need as an important gadget in the hands of human beings, which can predetermine any event and guide us to take the proper course of action, in our respective lives, by allowing us to peep into the future. Hence any astrological findings made by any good astrologer, regarding the course of life, shouldn’t be ignored, and any future course of action be planned accordingly, in order to achieve the maximum satisfaction in ones own life.

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 15 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Sat, 13 Mar 2010 06:34:07 +0000

The previous market session closed on a flat note after a flat opening, after the opening markets turned volatile and lacked in decisive direction throughout the days session hovering into reds and greens before finally managing to close with the marginal gains at the end of the day.

It closed above the 5 DMA and 20 DMA levels and RSI around 86 indicating that the market is looking positive, volatile and adding sustained buying interest by steadily inching towards the 5200 levels.

Nifty finally closed at 5137
gaining 4 points or 0.07 %

Trading Strategy for 15 Mar, 2010

Intraday Support for the market shall be 5092 & 5051 .

While the market will experience resistance at 5182 & 5219.

Best Strategy shall be to:-

Buy above 5154 with Stop Loss of 5114

Sell below 5114 with Stop Loss of 5154

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 11 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Wed, 10 Mar 2010 11:12:53 +0000

The previous market session closed on a marginally positive note after a flat opening, after the opening markets turned volatile but gained some buying interest to reach the days high during the mid session but failed to sustain the gains on profit bookings emerging at every highs on the selective counters. Markets lacked in decisive direction throughout the days session before finally closing with the marginal gains the end of the day.

It closed above the 5 DMA and 20 DMA levels and RSI around 70 indicating that the market is looking positive, volatile and consolidating before adding further buying interest and march onwards to 5200 levels.

Nifty finally closed at 5116.25
gaining 16 points or 0.29 %

Trading Strategy for 11 Mar, 2010

Intraday Support for the market shall be 5068 & 5024 .

While the market will experience resistance at 5158 & 5197.

Best Strategy shall be to:-

Buy above 5138 with Stop Loss of 5093

Sell below 5093 with Stop Loss of 5138

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 10 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Tue, 09 Mar 2010 11:08:00 +0000

The previous market session closed on a weak note after a flat opening, after the opening markets turned weak and volatile on lack of buying interest at higher levels and marginal profit bookings arising on the selective counters. Markets remained directionless throughout the days session before finally falling weak at the end of the day.

It closed well above the 5 DMA and 20 DMA levels and RSI around 90 indicating that the market is looking positive, volatile and consolidating before adding further buying interest and march towards 5200 levels.

Nifty finally closed at 5101.50
loosing 22 points or 0.44 %

Trading Strategy for 10 Mar, 2010

Intraday Support for the market shall be 5051 & 5008 .

While the market will experience resistance at 5148 & 5186.

Best Strategy shall be to:-

Buy above 5124 with Stop Loss of 5078

Sell below 5078 with Stop Loss of 5124

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 9 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Mon, 08 Mar 2010 11:21:26 +0000

The previous market session closed on a positive note after a huge gap up opening, after the opening markets turned lack luster on lack of buying interest at higher levels and slipped slightly from the days highs on marginal profit bookings on selective counters. Markets faced resistance exactly above our pre calculated level of 5134

It closed well above the 5 DMA and 20 DMA levels and RSI around 95 indicating that the market is looking positive, volatile and consolidating before it could march towards 5200 levels.

Nifty finally closed at 5124
gaining 35 points or 0.69 %

Trading Strategy for 9 Mar, 2010

Intraday Support for the market shall be 5088 & 5051 .

While the market will experience resistance at 5172 & 5216.

Best Strategy shall be to:-

Buy above 5148 with Stop Loss of 5097

Sell below 5097 with Stop Loss of 5148

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 8 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Fri, 05 Mar 2010 12:16:49 +0000

The previous market session closed on a positive note after a huge gap up opening, after the opening markets turned volatile on profit booking at higher levels. Markets faced resistance at the level of 5118

It closed above the 5 DMA and 20 DMA levels and RSI around 90 indicating that the market is looking positive and volatile before it could march towards 5200 levels.

Nifty finally closed at 5088.70
gaining 8 points or 0.17 %

Trading Strategy for 8 Mar, 2010

Intraday Support for the market shall be 5039 & 4992 .

While the market will experience resistance at 5134 & 5178.

Best Strategy shall be to:-

Buy above 5118 with Stop Loss of 5066

Sell below 5066 with Stop Loss of 5118

Intraday Technical Analysis with Nifty Chart and Trading Stretegy / Stock Tips for 4 Mar 2010 www.StockInspection.com

Indrodeep Banerjee — Wed, 03 Mar 2010 10:56:08 +0000

The previous market session closed on a strong positive note after a gap up opening, after the opening markets marched northwards sustaining all the gains on strong buying by the investors and traders. Markets took first resistance at our pre calculated level of 5063 but broke through it at the later part of the day on sustained buying and our buying strategy for buying above 5038 for resistance of 5063 & 5112 fetched handsome profits

It closed above the 5 DMA and 20 DMA levels and RSI around 99 indicating that the market is looking positive and entering the over valued zone, which indicate that some profit booking may emerge before the markets could march towards 5200 levels.

Nifty finally closed at 5088.10
gaining 77 points or 1.42 %

Trading Strategy for 4 Mar, 2010

Intraday Support for the market shall be 5039 & 4992 .

While the market will experience resistance at 5134 & 5178.

Best Strategy shall be to:-

Buy above 5114 with Stop Loss of 5066

Sell below 5066 with Stop Loss of 5114