NIFTY FUTURE IS STRONG OVER 4620 & WEAK BELOW 4590
LAST CLOSE NIFTY FUT 4614.45 NIFTY SPOT 4608.35
TREND - VOLATILE
TREND DECIDER FOR TODAY <<<4585>>>.....<<<4615>>>
BUY ABOVE 4620.15 SL 4595.25
TGT 4635.45 - 4647.25 - 4658.55 - 4668.45 . 4679.25. - 4695.65
IF TRADES ABOVE 4660-70 FOR 10-15 MINS HOLD LONGS FOR 4685-95
IF NIFTY FUTURE CLEARS 4700 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4750-65 POSITIONAL TGT 4900-5000. SHORT COVERING AND FRESH BUYING WILL MOVE NIFTY IF SUSTAINS ABOVE 4650-60
SELL BELOW 4605.35 SL 4618.25
TGT 4588.15 - 4575.35 - 4565.35 - 4555.75
IF SUSTAINS BELOW 4550 FOR 5-10 MINS TRADE FOR TGT 4535-4515
GOOD BUYING SUPPORT IN COMING DAYS IS 4388 - 95 - 4405
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4575 AND TRADE REVERSE AT 4575 WATCH UPDATES IN Y/M SUGGESTED TO BUY ABV 4411 AND HOLD WITH 4390 AS SL AND REVERSE ON 25.08.2009
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 4660-40 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 DOWN . NIFTY FUT OPEN INTEREST FLAT WITH INCREASE IN VOLUME BY 16% INDICATE FORMING OF LONGS AT LOWER LEVELS. BOUNCE BACK EXPECTED FROM 4575-65
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 4575-65 SL 4550 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4650-75 SL 4700 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.
LAST CLOSE NIFTY FUT 4614.45 NIFTY SPOT 4608.35
TREND - VOLATILE
TREND DECIDER FOR TODAY <<<4585>>>.....<<<4615>>>
BUY ABOVE 4620.15 SL 4595.25
TGT 4635.45 - 4647.25 - 4658.55 - 4668.45 . 4679.25. - 4695.65
IF TRADES ABOVE 4660-70 FOR 10-15 MINS HOLD LONGS FOR 4685-95
IF NIFTY FUTURE CLEARS 4700 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4750-65 POSITIONAL TGT 4900-5000. SHORT COVERING AND FRESH BUYING WILL MOVE NIFTY IF SUSTAINS ABOVE 4650-60
SELL BELOW 4605.35 SL 4618.25
TGT 4588.15 - 4575.35 - 4565.35 - 4555.75
IF SUSTAINS BELOW 4550 FOR 5-10 MINS TRADE FOR TGT 4535-4515
GOOD BUYING SUPPORT IN COMING DAYS IS 4388 - 95 - 4405
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4575 AND TRADE REVERSE AT 4575 WATCH UPDATES IN Y/M SUGGESTED TO BUY ABV 4411 AND HOLD WITH 4390 AS SL AND REVERSE ON 25.08.2009
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 4660-40 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 DOWN . NIFTY FUT OPEN INTEREST FLAT WITH INCREASE IN VOLUME BY 16% INDICATE FORMING OF LONGS AT LOWER LEVELS. BOUNCE BACK EXPECTED FROM 4575-65
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 4575-65 SL 4550 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4650-75 SL 4700 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.
No comments:
Post a Comment