NIFTY FUTURE IS STRONG OVER 4400 & WEAK BELOW 4380
LAST CLOSE NIFTY FUT 4386.05 NIFTY SPOT 4394.10
TREND DECIDER FOR TODAY <<<4375>>>.....<<<4420>>>
BUY ABOVE 4405.05. SL 4385.45
TGT 4417.25 - 4427.05 - 4441.35 - 4456.35 - 4475.25 - 4488.95
IF TRADES ABOVE 4475-80 FOR 5-10 MINS HOLD LONGS FOR 4500 - 4525
IF NIFTY FUTURE CLEARS 4500 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4575 POSITIONAL TGT 4700-4800. SHORT COVERING WILL MOVE NIFTY IF SUSTAINS ABOVE 4450+
SELL BELOW 4381.75 SL 4402.25
TGT 4370.45 - 4357.15 - 4340.20
IF SUSTAINS BELOW 4350 FOR 10-15 MINS TRADE FOR TGT 4338 -4325 -4315
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4390 AND REVERSE TRADE AT 4390. WATCH UPDATES IN Y/M
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. BOOK PROFITS AT YOUR COMFORT LEVELS. BOUNCE BACK EXPECTED FROM 4430 -4420IFEACHED .
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 GAP UP. STAY LONG ON DECISIVE CROSSOVER OF 4485. NIFTY FUTURE SHOULD TRADE ABOVE 4400 - 4420 FOR MINIMUM 10-15 MINS FOR FURTHER UP MOVE. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS STAY CAUTIOUS ABOVE 4450-4575 AS FRESH SHORTS MAY BE INITIATED HERE.
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.
ONLY FOR AGGRESSIVE TRADERS AND RISK LOVERS
BUY AT/ABV 4360-50 SL 4335 FOR TGTS AS MENTIONED ABOVE
SELL AT/BLW 4450-4475 SL 4500 FOR TGTS MENTIONED ABOVE
NORMAL TRADERS/SAFE PLAYERS MAY NOT ATTEMPT THIS AS THERE IS EVERY POSSIBILITY OF HITTING STOPS IN THESE TRADES.
PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA
LAST CLOSE NIFTY FUT 4386.05 NIFTY SPOT 4394.10
TREND DECIDER FOR TODAY <<<4375>>>.....<<<4420>>>
BUY ABOVE 4405.05. SL 4385.45
TGT 4417.25 - 4427.05 - 4441.35 - 4456.35 - 4475.25 - 4488.95
IF TRADES ABOVE 4475-80 FOR 5-10 MINS HOLD LONGS FOR 4500 - 4525
IF NIFTY FUTURE CLEARS 4500 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4575 POSITIONAL TGT 4700-4800. SHORT COVERING WILL MOVE NIFTY IF SUSTAINS ABOVE 4450+
SELL BELOW 4381.75 SL 4402.25
TGT 4370.45 - 4357.15 - 4340.20
IF SUSTAINS BELOW 4350 FOR 10-15 MINS TRADE FOR TGT 4338 -4325 -4315
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4390 AND REVERSE TRADE AT 4390. WATCH UPDATES IN Y/M
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. BOOK PROFITS AT YOUR COMFORT LEVELS. BOUNCE BACK EXPECTED FROM 4430 -4420IFEACHED .
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 GAP UP. STAY LONG ON DECISIVE CROSSOVER OF 4485. NIFTY FUTURE SHOULD TRADE ABOVE 4400 - 4420 FOR MINIMUM 10-15 MINS FOR FURTHER UP MOVE. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS STAY CAUTIOUS ABOVE 4450-4575 AS FRESH SHORTS MAY BE INITIATED HERE.
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.
ONLY FOR AGGRESSIVE TRADERS AND RISK LOVERS
BUY AT/ABV 4360-50 SL 4335 FOR TGTS AS MENTIONED ABOVE
SELL AT/BLW 4450-4475 SL 4500 FOR TGTS MENTIONED ABOVE
NORMAL TRADERS/SAFE PLAYERS MAY NOT ATTEMPT THIS AS THERE IS EVERY POSSIBILITY OF HITTING STOPS IN THESE TRADES.
PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA
1 comment:
I AM HAPPY TO SAY EDUCOM GIVEN DECENT RETURNS.
EXCELLENT ANALYSIS KEEP IT UP.ALL THE BEST.
C.A.KRISHNAMURTHY
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