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www.niftytips.com

As far as, extreme short term charts are concerned, Nifty has given bullish breakout from 2 different patterns that is "Inverted Head & Shoulder" pattern of last 4 days having target of 5485 which is already achieved. During the process Nifty has given bullish breakout from a "Declining Channel" pattern having resistance at 5450 & if Nifty manages to close above this level for 2 consecutive days it would be heading for a higher target of 5575-5600 with strong & crucial resistance around 5525. In case of successful bullish breakout the extreme short term trend which is bearish since 13th May will get reversed. On bearish side, failure to cross 5525 can resume the downward journey towards 5000 & below for coming weeks/months.

As far as bar reversal in Daily charts are concerned, stocks like Tata Steel, Mphasis, Aban Offshore, Allahabd Bank, Aurobindo Pharma, Adani Ent., Sintex, Glenmark, Tech Mahindra, Videocon Ind. have given "Upward Bar Reversal" while Tata Motors, TTK Prestige, Gitanjali, Asian Paints, NTPC, Mundra Port, BOI, Cipla, SAIL, BGR Energy etc. have given "Downward Bar Reversal". Stocks like Zicom, Dolphin Offshore, Rel Media Works, GSS America, TAJ GVK, Tulsi Extrusions, VIP Ind., Sujana Tower, Allahabad Bank, Rel Comm. have shown  spurt during the day with unusually high volumes.

Intraday Nifty Future Closing : 5466
Watch carefully today's nifty magical figure... 5467
Buy Intraday Nifty Future above magical figure for upside
First target...   5486 and above it
Second target...    5515
and crosses over both it will come...    5545
Sell Intraday Nifty Future, if Nifty is running below magical figure then your downside
First target...    5433
Second target... 5404
Third target... 5382

BANK NIFTY STOCK MARKET FUTURE
(Closing - 10638)
Today's magical figure...10652
Buy it above magical figure upside
First target ... 10690
Second target ... 10740
Third target...    10800
Sell it if running below Magical figure for downside:
First target ...10577
Second target...10515
Third target ... 10470

HDFC BANK FUTURE
(Closing - 2292)
Today's magical figure... 2301
Buy it above magical figure upside targets
First target ... 2325
Second target ... 2352
Third target ... 2378
Sell it running below Magical figure for downside:
First arget ... 2270
Second target ...2247
Third target ... 2220

TITAN FUTURE
(Closing - 4198)
Today's magical figure... 4202
Buy it above magical figure upside targets
First target ... 4235
Second target ... 4267
Third target ... 4310
Sell it running below Magical figure for downside:
First arget ... 4167
Second target ...4148
Third target ... 4122

MARKETS FOR 25TH MARCH FOR FRIDAY 25TH MARCH THERE IS ABSOLUTELY NO CHANGE TO OUR HIGHLY BULLISH OUTLOOK WHICH IS GIVEN UNDER FOR 24TH MARCH & 23RD MARCH . EVEN THOUGH NIFTY HAS GONE UP FOR FOUR CONSECUTIVE DAYS FROM MONDAYS LOW OF 5348 TILL THURSDAYS HIGH OF 5529 & IS MUCH ABOVE LAST WEEKS CLOSING LEVEL OF 5373, YET NIFTY STILL HAS A LOT OF STEAM LEFT IN IT FOR FURTHER UP MOVE.
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