Nifty for settlement week: As per FII data and Nifty future data markets are expected to rise further in the coming week also.  Expected settlement for March may be 5600 to 5750. If nifty moves up in first two days the settlement may be at 5600-5630 else if nifty consolidates at 5580-5650 then the settlement may be above 5700.

Nifty for 24-3-2011 trading: Nifty started to rise. FII data bullish, but more shorts in stocks futures?. As per options writings the rise may be up to 5700 in this settlement.  But the confirmation is from tomorrows trading with more buying in stocks futures by FIIs.

     If there is no follow up buying in stocks futures by FIIs tomorrow we may see correction up to Friday forenoon and followed by big rise in the next week. April trading is with in the range of nifty 5400-5800.

Nifty levels : 5620-5311-5820

medium term nifty levels 5300-5600-5900.

Nifty for 16-3-2011: Before reaching nifty 5660 market fall initiated, means the earlier level of 5600 itself may the end of short term rise.  If nifty crosses 5450-5470 then only markets will be long else if markets are in red tomorrow then the fall will be agrevated below 5400 once again.  FII bought in cash, sold in F&O index and stocks futures. Markets will fall further but it is a matter of time may be in 1 or 2 days.

Nifty for 15-3-2011: Nifty crossed 5510 and closed at 5531.

FII bought in cash bought in index futures and sold in stocks futures, means markets will fall in future from these levels though they rise for 2 days.

Nifty future open interest  -3.5 lakhs not fully bullish.
Nifty 5550-5660 levels are strong resistance zone.
Tomorrow triggers GST bill in Parliament. Thursday triggers RBI credit policy review.

Markets may rise up to 5630 only? Two days long side trading.  Delevery buying is only after nifty crossing 5630 but if comes down breaks 5400 low and final way to 5100.

FOR 14-3-2010: Nifty is in down trend. For trading go long nifty future above 5510 or short below 5410. FII data is sold in cash, sold in F&O. The event inflation data on Monday and the effect of Japan Earth quake are the forces for the day. Later we can under stand the direction of the market.

Bullish-bearish barrier

For 11-03-2011 trading: 

• As per Sensex levels markets will be bearish below 18300 and bullish only after crossing 18645. For both the directions stoploss will be the level it self.
• FII data bearish in cash and F&O. Nifty future added 5 lakhs means bearish.

Tomorrow the IIP data and next day the inflation figures are the violent market movers and after these jerks the market will go down finally. Our trial is to buy puts at cheaper rates in the jerks. stop loss for shorts is nifty 5610.

Nifty analysis

Nifty future levels 5460-5550-5600-5660-5720-5750. (Most possibly 5660 only).

• FII bought in cash, Balanced in F&O.
• Nifty future added 9 lakhs at higher level (5550). Theses are shorts if nifty future falls below 5517 tomorrow. 
• May be for two days markets may be range bound. As far as macd day chart is concerned minimum three days of +ve momentum to market is expected.
• What happens to nifty at 5660? At present downside is only up to 5460. Final journey to market is 5100.