Nifty Futures Weekly And Intraday Analysis Trend Report

Murtaza:

The stocks which will be impacted the most because of this free-float index will be National Therm al Power Corporation (NTPC) and Oil & Natural Gas Corporation (ONGC) primarily because they are Public Sector Undertaking (PSU) companies and government holds a majority stake in that. So the free-float marketcap is much lower in these two stocks. Thus, the weightage of NTPC will fall from 8% to 2% and ONGC from 9.3% to 5%. However, the stocks that will be impacted the most will be the one which will have higher free-float in the market such as ITC, Infosys, HDFC, ICICI Bank, Larsen & Toubro (L&T) and Reliance Industries Ltd (RIL). In the case of ITC, the weightage will go up from 3.6% to 8% and for Infosys from 4.2% to 7.9% and in the case of Reliance it will go up from 12.4% to 14.4%.

Cheers,

Heems

If somebody posts here pre and post weightages it will nice.

hari om


:thumb:​

nifty futures weekly trend analysis from 20th july to 24th july 2009​

nifty futures has closed at 4381.50

weekly upward view of nifty futures​

""""""4416 is the 1st weekly resistance for the nifty futures"""""""


above 4416 nifty has a major resistance at 4457.


for the coming week if nifty futures has to make an upmove it first has to close above 4457.


till nifty futures does not give a close above 4457 we will not see further upmove.


the 1st leg of an upmove exhausts at 4457.


""""""the 2nd leg of upmove will begin above 4457 only"""""""


above 4457 immediate hurdle is pegged at 4488 4519 4551.


the 2nd leg of upmove gets over at 4551.


technically on a weekly basis a bull run is seen up to the 2nd leg only.


""""""at the 2nd leg the bull run is supposed to exhaust""""""


4551 is a very huge obstacle and nifty futures is very much likely to revese from this zone.


for further up move or for the start of a 3rd leg nifty futures will have to close above 4551 zone.

weekly downward view of nifty futures​

4333 is the 1st weekly support for nifty futures



bulls will remain active till 4333 remains intact on the downside.


a crack at 4333 will take nifty futures to 4300


4300 is the 1st bounce back region for nifty futures.


failure to hit back from 4300 will take nifty futures to 4272 4250


""""""4250 happens to be a crucial support because it coincides with the low of friday that was 4256 & the 50 dma is also placed at 4250 region""""""


crack at 4250 will take nifty futures to 4211.


2nd weekly bounce back region is placed at 4211.


breach of 4211 & nifty futures can slip down further to 4182 4150 4126.


3rd & the last weekly bounce back region is placed at 4126.


crack at 4126 and nifty futures has last hope at 4094.


"""""4094 stands crucial and in any case it shouldnt be broken""""""


the low of 3905 made on 13-07-09 will not be cracked till 4094 is never breached. If the 4094 region is cracked on a closing basis then there are no hopes that the support of 3905 will remain safe.


have a nice trading session for the week.


Ganpati bappa morya


hari om


regards,
nishikant k. Hadge

hari om


:thumb:​

nifty futures intraday trend analysis & trading calls for 20th july 2009
​

nifty futures has closed at 4381.50

upward view of nifty futures

​

"""""4367 is the trend decider for mondays intraday session"""""



till 4367 remains intact bulls will remain active.



Above 4367 immediate resistance for nifty futures is pegged at 4399 4416.



4416 is the 1st trend reversal for mondays intraday session.





if nifty futures sustains above 4416 then it can rally up to 4452 4457 region.



as mentioned in the weekly trend report unless and untill nifty futures does not close and sustain above 4457 it will not move upwards.




"""""therefore the same 4452 4457 region will act as a major hurdle for mondays intraday session"""""



able to hold itself firm above 4452 4457 zone can take nifty futures up to the 4488 mark.



4488 is the maximum for mondays intraday session.

downward view of nifty futures​

4367 region is the trend decider & nifty futures should be able to hold above it. Unable to hold itself above 4367 will take nifty futures to 4344.



nifty futures should not crack the 4344 region. Bulls will become weak if 4344 is cracked.




if 4344 is cracked then nifty futures will slide down to 4328 4310



4310 is the 1st bounce back region for mondays intraday session & nifty futures should bounce back hard from 4310.




break of 4310 will take nifty futures to 4284 4256 region.



"""""4256 is the fridays day low of nifty futures & the same coincides with the 50 dma"""""



a crack at 4256 and failure to rise above 4256 will drag nifty futures to lower region at 4234 4211.



4211 is the 2nd & a tough bounce back region for mondays intraday session.




crack at 4211 & inability to hold above 4211 will drag nifty futures to 4190 & 4167

trading calls for 20th july 2009​

ril buy 1947 s/l 1934 tgt 1955 1979 & sell 1933 s/l 1944 tgt 1924 1907



jpassociates buy 214 s/l 209 tgt 218 223 & sell 208 s/l 212 tgt 205 198



tata steel buy 393 s/l 390 tgt 398 404 & sell 389 s/l 392.95 tgt 386 379



maruti buy 1185 s/l 1170 tgt 1200 1217 & sell 1167 s/l 1179 tgt 1158 1135



centurt tex buy 431 s/l 423 tgt 438 448 & sell 421 s/l 426 tgt 415 - 403



have a nice trading session for tomorrow



ganpati bappa morya



hari om


regards,
nishikant k. Hadge

hari om
sir here i attached the daily trend sheet