update

MY DEAR FRIENDS
NIFTY X- RAY REPORT WILL NOT BE PUBLISHED UNTILL I GET RELEIF FROM FEVER.
NIFTY SUSTAINING ABOVE 5780 WILL ZOOM TO 5940 AND 6040
INCREASED YOUR STOPLOSS AS MARKET RISE.
SPOT NIFTY PRICE                                       STOP LOSS

5720                                                                     5690

5750                                                                     5705

5785                                                                     5725

5815                                                                     5775

5840                                                                     5796

5880                                                                     5835

5940                                                                     5890   

NOTICE

My dear all viewers

I have  heavy viral fever  so this blog will not be updated till today evening. just follow the stoploss with following levels and be in long side.

spot price                                             stoploss

5720                                                     5690

5750                                                     5705

5785                                                     5725

5815                                                     5775  

I will be not available on g talk also today.

my all paid subscriber will get sms alert if there would be any change in views.

Regards

Rajesh

NIFTY ENTERING IN NEW BULL MARKET ZONE

NIFTY X-RAY REPORT FOR 01 OCTOBER

In September, Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 66,752 crore, while they sold equities amounting to Rs 47,491 crore translating into a net inflow of Rs 19,261 crore (USD 3.56 billion), according to the data available with the market regulator Sebi.

This was the highest net investment by FIIs in stocks since February, when they had infused Rs 25,212 crore. Besides, FIIs had infused Rs 10,804 crore in August and Rs 10,273 crore in July. As I was told you earlier that market may touch 5705 in sept, It acheaved. Now current technical chart situation is that nifty is extending it wave pattern and it seems that market may touch 5938 or 6038 level in October. October series has started with highest open interest in 5300 put at 5955250 on the down side and 6000 call at 4640200 on the up side. Nifty 5700 put open interest increased by 1263750 shares in open interest and 5700 call decreased by 513450 shares from open interest, indicating that bull are confident to protect 5700 level in near term. Fiis bought Index future wort rs  998.67 crores and net open interest increased by 81%, as nifty was up by 53 points and open interest increased by 81% indicating that fresh long position has been created in index future.
Heavy inflow by Fiis in cash segment and in future segment indicates that nifty is ready to perform more in current situation further. Think simple from here. IF Fiis are smart investors than thev have invested lots in the market in september. So they will not let the market down. As I have told you earlier that a blasting rally you will see in september. Now I think that more blasting rally is still due from here in the market. Long players who have entered at lower level they should keep stoploss at 5630 level and be in long for the target of 5938 and 6038.