NIFTY

Date:-

7-Sep-12

OPEN

HIGH

LOW

CLOSE

PRICE %

5275.00

5279.95

5240.90

5253.35

-0.87

Immidiate Trend
Swing

Reversal

DOWN

5300

Rasistance
5274

support

5334

5401

5232

5173

5109

NIFTY (5,275.00, 5,279.95, 5,240.90, 5,253.35, -46.0498)

5500

5500

0.0%

5450
Bear
Harami

5400

5350

5450
5400

23.6%
38.2%
50.0%
Hanging

5300

5350

m
doji

5300

61.8%Man

5250

78.6%

E.Bear

5200

100.0%

5150
5100

5250

5200

doji

5150
5100

127.2%

5050

5050

5000

5000

161.8%

4950

4950

4900

4900

4850

4850

doji

E.bull
4800

4800

4750

4750

E.bull

4700
70
65
60
55
50
45
40
35
30

4700
25000

Volum e (10,413,050), Relative Strength Index (41.8340)

20000
15000
10000

x1000

1.THE WINNER'S TRADE.-MACD (CUSTOM) (29.7344, 42.9827, -13.2483, 0.00)

50

50

-50

-50

-100
30
May

-100
7

14

21

28

4
June

11

18

25

2
July

16

23

30

6
Augus t

13

21

28

3
10
Septem ber

17

Overview

The NIFTY ended lower than privious close by -0.87% at 5,253.35.Volume seems at 10,413,050 which 0.92 times lower then average volume
indicates participation are less. In derivative segment, -84,950(-0.42%) Shares decrease in Open Interest seems at 20,007,550.
The short term view looks negative with the Immediate resistance at 5,299.71.Momentum indicator MACD traded at -24.26 looks
negetive. One more important momentom indicator RSI( Relative Strenght Index) is trade at 41.83 Indicates downtrend.Aafter analyzing all
the Important indicator ,NIFTY will remains down with the immidiate resistance of 5,299.71

From Candlesticks:

No Candle pattern found

My Notes:

since 5402 level I mention in my every PDF that Market is looks negative. And you are experiancing result. Now still I Didnt seen any reversal sign in NIFTY
EOD chart. Immidiate Resistance is at 5295 and expected support at 5220- 5170

Top focus scripts

SYMBOL
BEML

BIOCON

DIVISLAB

HDFCBANK

HINDPETRO

ONGC

SYNDIBANK

UNIONBANK

swing

CLOSE

REVERSAL

Candlesticks

RSI

MACD

Trend

UP

284.95

281

doji Star

37.97

2.55

Positive

UP

264.30

260

Engulfing Bear

67.03

1.35

Positive

DOWN

1120.90

1132

Engulfing Bull

48.84

-7.36

negative

DOWN

592.10

592

Engulfing Bull

51.22

-1.87

negative

DOWN

303.75

304

doji Star

39.77

-1.81

negative

DOWN

273.30

275

Engulfing Bull

41.46

-1.26

negative

DOWN

94.35

94

Dark cloud cover

45.56

0.02

Positive

UP

157.80

157

doji Star

35.94

0.45

Positive

MACD

Trend

Remarks
BUY only above 290.95 SL 277.5

Sell only below 262.5 SL 268.9

BUY only above 1135.7 SL 1089.25

BUY only above 596 SL 587.35

BUY only above 306.4 SL 301

BUY only above 275.4 SL 268.5

Sell only below 93.65 SL 97.5

BUY only above 158.5 SL 156.15

NIFTY 50 TREND
SYMBOL

swing

CLOSE

REVERSAL

CANDLESTICKS

RSI

NIFTY

DOWN

5253.35

5300

41.83

-13.25

negative

ABB

DOWN

715.80

724

34.65

-4.59

negative

ACC

DOWN

1301.55

1315

43.38

-6.01

negative

AMBUJACEM

DOWN

180.45

184

41.65

-1.47

negative

AXISBANK

DOWN

930.25

988

24.27

-12.19

negative

BHARTIARTL

UP

257.85

251

43.05

0.00

Positive

BHEL

DOWN

207.65

217

33.54

-1.52

negative

BPCL

DOWN

345.45

346

45.23

-0.09

negative

CAIRN

DOWN

332.90

338

48.63

0.10

Positive

CIPLA

DOWN

373.60

374

65.96

1.00

Positive

DLF

DOWN

193.05

198

37.07

-1.83

negative

GAIL

DOWN

356.05

358

46.44

-1.49

negative

GRASIM

DOWN

2926.55

2973

49.50

-14.86

negative

HCLTECH

UP

562.05

556

68.80

-0.23

negative

HDFC

DOWN

724.65

726

56.68

0.01

Positive

HDFCBANK

DOWN

592.10

592

Engulfing Bull

51.22

-1.87

negative

HEROMOTOCO

DOWN

1808.10

1827

32.51

-10.54

negative

HINDALCO

DOWN

100.85

105

25.32

-1.10

negative

UP

531.20

522

71.69

0.89

Positive

HINDUNILVR
ICICIBANK

DOWN

879.65

909

33.61

-8.02

negative

IDEA

UP

77.40

76

53.87

0.09

Positive

INFY

DOWN

2339.45

2369

48.40

3.95

Positive

ITC

UP

267.75

267

58.80

-0.09

negative

JINDALSTEL

DOWN

335.80

354

25.41

-3.99

negative

LT

DOWN

1324.30

1357

36.51

-10.18

negative

Remarks

BUY only above 596 SL 587.35

M&M

DOWN

755.15

762

54.29

-0.47

negative

UP

1174.50

1167

54.15

0.55

Positive

NTPC

DOWN

168.55

170

52.86

-0.30

negative

ONGC

DOWN

273.30

275

Engulfing Bull

41.46

-1.26

negative

PNB

DOWN

668.85

678

31.67

-2.58

negative

UP

122.70

121

59.89

0.11

Positive

RANBAXY

DOWN

552.80

556

61.66

3.25

Positive

RCOM

DOWN

49.35

50

33.78

-0.23

negative

UP

330.25

329

44.53

-2.20

negative

RELIANCE

DOWN

771.15

777

48.96

-3.03

negative

RELINFRA

DOWN

444.95

453

30.35

-5.27

negative

RPOWER

DOWN

77.90

79

31.68

-0.71

negative

SAIL

DOWN

76.40

78

27.12

-0.54

negative

SBIN

DOWN

1830.25

1852

33.58

-2.98

negative

SIEMENS

DOWN

665.05

670

45.16

1.41

Positive

STER

DOWN

93.15

98

31.42

-1.50

negative

SUNPHARMA

DOWN

650.40

664

43.48

-2.38

negative

SUZLON

DOWN

15.15

15

28.77

-0.10

negative

TATACOMM

DOWN

224.90

228

33.36

-1.30

negative

TATAMOTORS

DOWN

228.70

234

44.13

-0.13

negative

TATAPOWER

DOWN

95.05

97

40.64

-0.27

negative

TATASTEEL

DOWN

349.90

365

26.90

-2.97

negative

UP

MARUTI

POWERGRID

RELCAPITAL

TCS

1364.50

1344

67.54

5.38

Positive

UNITECH

DOWN

18.50

19

26.22

-0.16

negative

WIPRO

DOWN

362.10

363

52.53

2.01

Positive

Thank You & Happy Trading

Kaushik Surti
Email: kaushiksurti1@gmail.com

BUY only above 275.4 SL 268.5