NIFTY FUTURE IS STRONG OVER 4460 & WEAK BELOW 4450
LAST CLOSE NIFTY FUT 4456.05 NIFTY SPOT 4453.45
TREND DECIDER FOR TODAY <<<4444>>>.....<<<4455>>>
BUY ABOVE 4458.25. SL 4444.25
TGT 4470.25 - 4483.55 - 4495.65 - 4506.75 - 4520.25
IF TRADES ABOVE 4525-35 FOR 5-10 MINS HOLD LONGS FOR 4540-4555
IF NIFTY FUTURE CLEARS 4550 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 4525-50
SELL BELOW 4444.00 SL 4459.25
TGT 4430.55 - 4415.25 - 4405.55
IF SUSTAINS BELOW 4400 FOR 10-15 MINS TRADE FOR TGT 4380-4350
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4425 AND TRADE REVERSE AT 4425 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. BOUNCE BACK EXPECTED FROM 4430 -4420 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 GAP UP. STAY LONG ON DECISIVE CROSSOVER OF 4500 NIFTY FUTURE SHOULD TRADE ABOVE 4450 - 4470 FOR MINIMUM 10-15 MINS FOR FURTHER UP MOVE. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS STAY CAUTIOUS ABOVE 4525-4550 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 4435-4420 SL 4400 FOR TGTS AS MENTIONED ABOVE
SELL AT/BLW 4525-4550- SL 4575 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 4456.05 NIFTY SPOT 4453.45
TREND DECIDER FOR TODAY <<<4444>>>.....<<<4455>>>
BUY ABOVE 4458.25. SL 4444.25
TGT 4470.25 - 4483.55 - 4495.65 - 4506.75 - 4520.25
IF TRADES ABOVE 4525-35 FOR 5-10 MINS HOLD LONGS FOR 4540-4555
IF NIFTY FUTURE CLEARS 4550 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 4525-50
SELL BELOW 4444.00 SL 4459.25
TGT 4430.55 - 4415.25 - 4405.55
IF SUSTAINS BELOW 4400 FOR 10-15 MINS TRADE FOR TGT 4380-4350
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4425 AND TRADE REVERSE AT 4425 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. BOUNCE BACK EXPECTED FROM 4430 -4420 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 GAP UP. STAY LONG ON DECISIVE CROSSOVER OF 4500 NIFTY FUTURE SHOULD TRADE ABOVE 4450 - 4470 FOR MINIMUM 10-15 MINS FOR FURTHER UP MOVE. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS STAY CAUTIOUS ABOVE 4525-4550 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 4435-4420 SL 4400 FOR TGTS AS MENTIONED ABOVE
SELL AT/BLW 4525-4550- SL 4575 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
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