S&P CNX Nifty for 22 May 2013.

The tipping point for the day is at 6132 with immediate support at 6108. There after the support is at 6070.

On the flip side the market will face immediate resistance at 6121, 6132 and 6151.

However to resume the bull run the market will have to conquer the resistance of 6187.

Our outlook for today is that the market looks inconclusive and weak in the face of the impending settlement and over bought positions in F&O segment and this may couse it to slide even lower.

However, to resume the current trend of strong bull run, the support of 6108 is very crucial for today which if taken out will result in  a decrease in the commitment by the market players and slowing the speed of ascent.

S&P CNX Nifty for 17 May 2013.

The tipping point for the day is at 6162 with 6167 as the immediate support and thereafter at 6138 and 6063.
The immediate resistance is at 6175 and then at 6195 and 6220.
Our outlook is of continued optimism amid a bit of cooling and flare ups.

S&P CNX Nifty for 16 May 2013.

It turned out very much in expected lines. As stated in our blog post yesterday, the market did resume its bull run as it came back with great strength.

The tipping point for today is at 6108 with 6133 as the immediate support. Thereafter the supports are at 6114 and 6046.

The immediate resistance is at 6152 and then at 6196 and 6246.

Our outlook is of continued bull move amid a lot of strength.

S&P CNX Nifty for 15 May 2013.

As the followers of our post might have noticed that our resistance as stated in last post of 6027 held as Nifty returned from 6026.8.

The tipping point for today is at 5998 with 5991 as the immediate support. If 5991 gets breached then the next supports are at 5962 and 5914.

On the flip side the resistance is at 6004 and 6008. 

Our outlook for today is that of continued strength, which may lead to resumption of bull market if the benchmark index conquers 6062 mark. 

S&P CNX Nifty for 14 May 2013.

The tipping point for the day is at 6019. The resistances placed at 6006, 6027 and 6061.
The supports are at 5962 and 5914.
Our outlook for today is that the benchmark index must overcome 6061 conclusively for the bull run to resume. Otherwise the market will be somewhat weak as it will consolidate.

S&P CNX Nifty for 13 May 2013.

The tipping point for the day is at 6101with 6095 as the immediate support. Thereafter the supports are at 6071 and 6059.

On the flip side the resistances are at 6119, 6133 and 6150.

The outlook continues to be bullish as there is a bit more space on the upside even though there might be some supply emerging.

I Dont Want To Talk About It

Rod Stewart & Amy Belle

The lyrics

I can tell by your eyes that you've probably been cryin' forever,
And the stars in the sky don't mean nothin' to you, they're a mirror.
I don't want to talk about it, how you broke my heart.
If I stay here just a little bit longer,
If I stay here, won't you listen to my heart, whoa, my heart?

If I stand all alone, will the shadow hide the color of my heart?
Blue for the tears, black for the night's fears.
The stars in the sky don't mean nothin' to you, they're a mirror.
I don't want to talk about it, how you broke my heart.
If I stay here just a little bit longer,
If I stay here, won't you listen to my heart, whoa, my heart?
I don't want to talk about it, how you broke this ol' heart.

If I stay here just a little bit longer,
If I stay here, won't you listen to my heart, whoa, my heart?
My heart, whoa, my heart.

Time has disappeared..

Time has disappeared

Time has disappeared
Into the air-tracks
Where a young girl's face,
Bird without body,
Takes flight.
From her eyes a black pearl
Escapes to Icaria sky.
She's daughter to oblivion
That bequeathed her
A morsel of moonless night,
Left on her lips.
She'll never touch earth
She'll never tease the stone
Nor the trees
Nor the waters that confound them.
She married an illusion
That vanished in the wind.

   ........................    by Aurélia Lassaque

[This poem is an English translation by James Thomas as it appears on facing pages in her new collection - 'Solstice and Other Poems' which is a bilingual volume with Lassaque's Occitan originals in the side page.]

Life without you

Steven Ray Vaughan

Oo oo now baby....
Tell me how have you been
We all have missed you....
And the way you grin
The day is necessary....
Every now and then
For souls to move on....
Givin' life back again, and again
Fly on fly on....
Fly on my friend
Go on....
Live again....
Love again

Day after day....
Night after night
Sittin' here singin' every minute....
As the years go passing by....
By, by, by
Long look in the mirror....
We've come face to face
Wishin' all the love we took for granted....
Love we have today

Life without you....
All the love you passed my way
The angels have waited for so long....
Now they have their way
Take your place....

S&P CNX Nifty for 10 may 2013.

The tipping point for the day is at 6059 with 6047 as the immediate support and thereafter at 6024 and 5987. On the flip side the resistances are at 6065, 6076, 6102.

The crucial support of 6047 indicated in our yesterday's post did manage to hold on closing basis.

Our outlook for today is that although the bullish structure is very much in tact, but a lot depends on whether the benchmark index trades below 6047 or above 6065. If it trades below 6047 for longer period then a bit of long unwinding may emerge whereas if it trades above 6065, fresh longs may emerge.

Willow weep for me..

RON CARTER- SOLO

S&P CNX Nifty for 9 May 2013

Those followers of this blog who watched the nifty yesterday must have noticed how the Nifty traded mostly around our first resistance of 6069 for most of yesterday's session before it finally conquered it towards the tail end.

The tipping point for today is at 6059 with immediate supports at 6065 and 6047.

The immediate resistance is at 6095, 6118 and 6152.

Our outlook is of continued optimism if it holds above the 6047 mark. Otherwise it will consolidate.

S&P CNX Nifty for 8 May 2013.

As predicted in our yesterday's post, it indeed was a bullish flare up.

The tipping point for today is at 6026 with 6069, 6093 and 6136 as the resistances. On the flip side the immediate supports are at 6042, 6036 and 6028

However, for the bullish run to continue the market must stay above the 6017 mark.

Our outlook for today is of continued bull run with a bit of consolidation here and there.

S&P CNX Nifty for 7 May 2013.

The resistance of 5976 held yesterday twice, once in mid session and then again towards the close which was very much in line with our estimated resistance of 5974 as also our support of 5925 as published in yesterdays post.

The tipping point for today is at 5958 and the immediate supports are at 5971, 5966 and 5952. The resistance is at 5985 and then at 6007 and 6037.

Our outlook is of continued consolidation with bullish flare ups.

S&P CNX Nifty for 6 May 2013.

As predicted in our last post, the market did cough up a bit.

The tipping point for today is at 5959 with 5946, 5958 and 5974 as the immediate resistances.

On the flip side the supports are at 5925 and 5877.

Our outlook is that of a breakout might be coming again but only if it trades above the 5985 mark with good volumes. Otherwise it will consolidate with a positive bias.

Suburbs...

 Enjoy with  Arcade Fire as they play Suburbs

Here are the beautiful lyrics

In the suburbs I
I learned to drive
And you told me we'd never survive
Grab your mother's keys we're leavin'

You always seemed so sure
That one day we'd be fighting
In a suburban war
your part of town against mine
I saw you' standin' on the opposite shore
But by the time the first bombs fell
We were already bored
We were already, already bored

Sometimes I can't believe it
I'm movin' past the feeling
Sometimes I can't believe it
I'm movin' past the feeling again

Kids wanna be so hard
But in my dreams we're still screamin' and runnin' through the yard
And all of the walls that they built in the seventies finally fall
And all of the houses they build in the seventies finally fall
Meant nothin' at all
Meant nothin' at all
It meant nothin

Sometimes I can't believe it
I'm movin' past the feeling
Sometimes I can't believe it
I'm movin' past the feeling and into the night

So can you understand?
Why I want a daughter while I'm still young
I wanna hold her hand
And show her some beauty
Before all this damage is done

But if it's too much to ask, if it's too much to ask
Then send me a son

Under the overpass
In the parking lot we're still waiting
It's already passed
So move your feet from hot pavement and into the grass
Cause it's already passed
It's already, already passed!

Sometimes I can't believe it
I'm movin' past the feeling
Sometimes I can't believe it
I'm movin' past the feeling again

I'm movin' past the feeling
I'm movin' past the feeling

In my dreams we're still screamin'
We're still screamin'
We're still screamin'

Try to recall..

Intact

1

From what I don’t recall
I am able to infer
what didn’t happen
in a given setting

while you can’t or won’t

so that
I might have been behind you
in the boat
or you might have been alone
or accompanied by strangers.

Alternates persist
since they aren’t named as such.

On the other hand, I feel
the removal of one element
changes the event
so it must disappear

       

2

If thunder clapped,

small flowers
at leaf joints

stared straight ahead
in silence.

Did rocks react?

Try to recall
                                                          ........... Rae Armantrout

S&P CNX Nifty for 3 May 2013.

The tipping point for the day is at 5976 which is way below the immediate support of 5983. Thereafter the supports are at 5961 and 5925. The immediate resistance is at 6007 which if overcome may see the benchmark index finding resistance at 6042 and 6085.

Our outlook for the day is that the party continues, albeit with a bit of hiccup and jolts.

S&P CNX Nifty for 2 May 2013

As predicted in our last posts, Nifty did exhibit a breakout in an optimistic way.

The tipping point for today is at 5926 with the next resistance at 5972. On the flip side if Nifty slides below 5926 then the supports are at 5912, 5895 and 5856.

Our outlook is that the market may consolidate with a positive bias before another spike up towards scaling a new high.