NIFTY FUTURE IS STRONG OVER 4665 & WEAK BELOW 4645
LAST CLOSE NIFTY FUT 4660.95 NIFTY SPOT 4659.35
TREND - BULLISH - VOLATILE
TREND DECIDER FOR TODAY <<<4630>>>.....<<<4670>>>
BUY ABOVE 4671.25. SL 4652.15
TGT 4685.25 - 4698.25 - 4710.45 - 4724.25
IF TRADES ABOVE 4695 - 4715 FOR 5-10 MINS HOLD LONGS FOR 4728 - 4744
IF NIFTY FUTURE CLEARS 4700 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4725-50 POSITIONAL TGT 4900-5000. SHORT COVERING WILL MOVE NIFTY IF SUSTAINS ABOVE 4660-4675
SELL BELOW 4649.55 SL 4665.25
TGT 4635.25 - 4623.35 - 4605.15 - 4594.25 - 4579.25 - 4565.65 -4555.15
IF SUSTAINS BELOW 4550 FOR 10-15 MINS TRADE FOR TGT 4535 - 4520
GOOD BUYING SUPPORT IN COMING DAYS IS 4388 - 95 - 4405
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4550 AND TRADE REVERSE AT 4550 WATCH UPDATES IN Y/M SUGGESTED TO HOLD WITH 4390 AS SL AND REVERSE FEW DAYS BACK.
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 4580-4600 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 . STAY LONG ON DECISIVE CROSSOVER OF 4650-60 NIFTY FUTURE SHOULD TRADE ABOVE 4650-60 MINIMUM 10-15 MINS FOR FURTHER UP MOVE. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS STAY CAUTIOUS ABOVE 4700-4725. 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 4620-4630 SL 4600 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4700-4725- SL 4750 FOR TGTS MENTIONED ABOVE
NORMAL TRADERS/SAFE PLAYERS MAY NOT ATTEMPT THIS AS THERE IS EVERY POSSIBILITY OF HITTING STOPS IN THESE TRADES UNLESS OTHERWISE SUGGESTED IN YAHOO MESSENGER
PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA
LAST CLOSE NIFTY FUT 4660.95 NIFTY SPOT 4659.35
TREND - BULLISH - VOLATILE
TREND DECIDER FOR TODAY <<<4630>>>.....<<<4670>>>
BUY ABOVE 4671.25. SL 4652.15
TGT 4685.25 - 4698.25 - 4710.45 - 4724.25
IF TRADES ABOVE 4695 - 4715 FOR 5-10 MINS HOLD LONGS FOR 4728 - 4744
IF NIFTY FUTURE CLEARS 4700 WITH VOLUME BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4725-50 POSITIONAL TGT 4900-5000. SHORT COVERING WILL MOVE NIFTY IF SUSTAINS ABOVE 4660-4675
SELL BELOW 4649.55 SL 4665.25
TGT 4635.25 - 4623.35 - 4605.15 - 4594.25 - 4579.25 - 4565.65 -4555.15
IF SUSTAINS BELOW 4550 FOR 10-15 MINS TRADE FOR TGT 4535 - 4520
GOOD BUYING SUPPORT IN COMING DAYS IS 4388 - 95 - 4405
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4550 AND TRADE REVERSE AT 4550 WATCH UPDATES IN Y/M SUGGESTED TO HOLD WITH 4390 AS SL AND REVERSE FEW DAYS BACK.
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 4580-4600 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 . STAY LONG ON DECISIVE CROSSOVER OF 4650-60 NIFTY FUTURE SHOULD TRADE ABOVE 4650-60 MINIMUM 10-15 MINS FOR FURTHER UP MOVE. AS UNWINDING OF LONGS ARE SEEN AT HIGHER LEVELS STAY CAUTIOUS ABOVE 4700-4725. 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 4620-4630 SL 4600 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4700-4725- SL 4750 FOR TGTS MENTIONED ABOVE
NORMAL TRADERS/SAFE PLAYERS MAY NOT ATTEMPT THIS AS THERE IS EVERY POSSIBILITY OF HITTING STOPS IN THESE TRADES UNLESS OTHERWISE SUGGESTED IN YAHOO MESSENGER
PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
DEEPA ACHARYA
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