LAST CLOSE 4705.25
TREND DECIDER FOR TODAY <<<4695 -4720>>>
BUY ABOVE 4710.25 SL 4685.05
TGT 4721.05 - 4730.75 - 4746.25 - 4762.55 - 4774.85
IF TRADES ABOVE 4750-4775 FOR 5-10 MINS HOLD LONGS FOR 4785 - 4795
IF NIFTY FUTURE CLEARS 4750-4775 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. ABOVE 4750 - 4775 POSITIONAL TGT 4800-4900 BE CAUTIOUS AT HIGHER LEVELS. SUDDEN PROFIT BOOKING MAY NOT BE RULED OUT.
SELL BELOW 4685.65 SL 4708.45
TGT 4672.55 - 4659.05 -4645 - 4625.05 - 4610.55
IF TRADES BELOW 4600 FOR 5-10 MINS TGT 4582 - 4570- 4555 BELOW 4550 TGT 4477, 4440, 4425
WATCH THE LEVELS IN BLUE COLOUR ABOVE. THESE LEVELS MAY GIVE GUIDANCE ABOUT MARKET DIRECTION. DO NOT ALWAYS WAIT FOR THE TARGET. BOOK PROFITS AT YOUR COMFORT LEVELS. BOUNCE BACK EXPECTED FROM 4635 - 4620 LEVELS IF REACHED .
IF MARKET OPENS ABOVE / BELOW THE RECOMMENDED LEVELS WATCH THE TREND FOR 10-15 MINUTES AND TAKE POSITION ACCORDINGLY WITH STOP LOSS AT NEXT SUPPORT / RESISTANCE. KEEP AN EYE ON UPDATES IN COMMENTS SECTION/YAHOO MESSENGER. NEVER BUY IN A FALLING TREND AND VICE VERSA
CONSIDERING CURRENT SCENARIO EXPECT MARKET TO OPEN FLAT TO MILD GAP UP. STAY LONG ON DECISIVE CROSSOVER OF 4725. NIFTY FUTURE SHOULD TRADE ABOVE 4725 FOR MINIMUM 10-15 MINS FOR FURTHER UP MOVE. THOUGH MARKET DATA SHOW FORMATION OF LONGS UP MOVE IS EXPECTED ONLY ON CROSSOVER OF 4725-50 WITH VOLUME. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS. STAY CAUTIOUS ABOVE 4775. NIFTY FUT WILL NOW CROSS 4775-95 RANGE IN GAP UP OPEN AND SUSTAIN ONLY
RISK LOVERS MAY TAKE A RISK OF 20-25 PTS. BUY AT/ABOVE 4650 SL 4625 FOR LEVELS MENTIONED ABOVE. IF STOP HITS BUY AGAIN AT 4585-90. GO SHORT AT 4775-4785 SL 4800 FOR LOWER LEVELS AS ABOVE ......NOT FOR NORMAL TRADERS AS IN THIS CALL THERE IS EVERY POSSIBILITY OF HITTING STOPS.
LEVELS MENTIONED ABOVE ARE FOR NIFTY FUTURE. USE STOP LOSS AS MENTIONED. HOLDING POSITION AFTER STOP LOSS LEVELS IS HIGHLY DETRIMENTAL. IF STOP HITS, WATCH THE TREND AND TRADE ACCORDINGLY WITH SL 20-25 PTS.
NIFTY FUTURE SHOULD ZOOM FORWARD ABOVE 4725-35 DUE TO SHORT COVERING.
PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA
TREND DECIDER FOR TODAY <<<4695 -4720>>>
BUY ABOVE 4710.25 SL 4685.05
TGT 4721.05 - 4730.75 - 4746.25 - 4762.55 - 4774.85
IF TRADES ABOVE 4750-4775 FOR 5-10 MINS HOLD LONGS FOR 4785 - 4795
IF NIFTY FUTURE CLEARS 4750-4775 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. ABOVE 4750 - 4775 POSITIONAL TGT 4800-4900 BE CAUTIOUS AT HIGHER LEVELS. SUDDEN PROFIT BOOKING MAY NOT BE RULED OUT.
SELL BELOW 4685.65 SL 4708.45
TGT 4672.55 - 4659.05 -4645 - 4625.05 - 4610.55
IF TRADES BELOW 4600 FOR 5-10 MINS TGT 4582 - 4570- 4555 BELOW 4550 TGT 4477, 4440, 4425
WATCH THE LEVELS IN BLUE COLOUR ABOVE. THESE LEVELS MAY GIVE GUIDANCE ABOUT MARKET DIRECTION. DO NOT ALWAYS WAIT FOR THE TARGET. BOOK PROFITS AT YOUR COMFORT LEVELS. BOUNCE BACK EXPECTED FROM 4635 - 4620 LEVELS IF REACHED .
IF MARKET OPENS ABOVE / BELOW THE RECOMMENDED LEVELS WATCH THE TREND FOR 10-15 MINUTES AND TAKE POSITION ACCORDINGLY WITH STOP LOSS AT NEXT SUPPORT / RESISTANCE. KEEP AN EYE ON UPDATES IN COMMENTS SECTION/YAHOO MESSENGER. NEVER BUY IN A FALLING TREND AND VICE VERSA
CONSIDERING CURRENT SCENARIO EXPECT MARKET TO OPEN FLAT TO MILD GAP UP. STAY LONG ON DECISIVE CROSSOVER OF 4725. NIFTY FUTURE SHOULD TRADE ABOVE 4725 FOR MINIMUM 10-15 MINS FOR FURTHER UP MOVE. THOUGH MARKET DATA SHOW FORMATION OF LONGS UP MOVE IS EXPECTED ONLY ON CROSSOVER OF 4725-50 WITH VOLUME. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS. STAY CAUTIOUS ABOVE 4775. NIFTY FUT WILL NOW CROSS 4775-95 RANGE IN GAP UP OPEN AND SUSTAIN ONLY
RISK LOVERS MAY TAKE A RISK OF 20-25 PTS. BUY AT/ABOVE 4650 SL 4625 FOR LEVELS MENTIONED ABOVE. IF STOP HITS BUY AGAIN AT 4585-90. GO SHORT AT 4775-4785 SL 4800 FOR LOWER LEVELS AS ABOVE ......NOT FOR NORMAL TRADERS AS IN THIS CALL THERE IS EVERY POSSIBILITY OF HITTING STOPS.
LEVELS MENTIONED ABOVE ARE FOR NIFTY FUTURE. USE STOP LOSS AS MENTIONED. HOLDING POSITION AFTER STOP LOSS LEVELS IS HIGHLY DETRIMENTAL. IF STOP HITS, WATCH THE TREND AND TRADE ACCORDINGLY WITH SL 20-25 PTS.
NIFTY FUTURE SHOULD ZOOM FORWARD ABOVE 4725-35 DUE TO SHORT COVERING.
PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA
3 comments:
PREMARKET INTRADAY SUGGESTIONS
WIPRO FUT ABV 500.85 FOR 504.95-509.85-512.25-514.75-518.25 WEAK BLW 500 AND GOOD BUYING SUP AT 495-490-485.... TREND BULLISH
HINDUNILVR FUT BUY ABV 291 SL 287 FOR 295-298-302-305-308
WEAK BLW 290 FOR 285
ICICIBANK FUT BUY ABV 777 SL 770 FOR 780-786-795-805 WEAK BLW 770 FOR 763-760-758..... TREND BULLISH
INDHOTEL BUY ABV 70.55 SL 69 FOR 71.95-72.85-73.75-74.65
WATCH METAL SECTOR STOCKS. BUYING AT DIPS ABOUT NIFTY FUT 4650-4635 WILL GIVE GOOD GAINS.
ISPATIND, STER, TATASTEEL
REFER NIFTY FUT LEVELS WHILE GOING LONG/SHORT IN THESE CALLS
CAUTION
THESE ARE FOR GUIDANCE PURPOSE ONLY. MARKET OPEN AND VOLATILITY MAY CHANGE THE LEVELS. WATCH UPDATES IN YAHOO. TRADE WITH THE TREND WITH STOPS.RELIANCE ABOVE 2100 WILL BE A BULLISH SIGNAL WATCH RELIANCE AND NIFTY FUT. BEFORE YOU TAKE POSITION.
Thanks for your reply. My Yahoo id - srnrlm
-- Narayanan
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