USE HIGHER LEVELS FOR PROFIT TAKING AND DIPS TO BUY
NIFTY FUTURE IS STRONG OVER 4970 & WEAK BELOW 4950
LAST CLOSE NIFTY FUT 4962 NIFTY SPOT 4958.40
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<<4950>>> ..... <<< 4970 >>>
BUY ABV 4971.25 SL 4955.85
TGT 4983.45 - 4994.25 - 5004.25 - 5015.65 - 5025.65
IF NIFTY FUTURE CLEARS 4985-5000 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 5000 WILL TGT 5015-25-34. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 4975-80, DUE TO SHORT COVERING AND FRESH BUYING
SELL/SHORT BELOW 4953.85 SL 4971.00
TGT 4944.25 - 4932.65 - 4918.85 - 4905.25
IF SUSTAINS BELOW 4900 FOR 5-10 MINS TRADE FOR TGT -4889-4870
GOOD BUYING SUPPORT IN COMING DAYS IS 4644-4670
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4921 AND TRADE REVERSE AT 4921. PLZ WATCH UPDATES UPDATES Y/M. SUGGESTED TO BUY AT/ABV 4411 AND HOLD WITH 4390 AS SL AND REVERSE ON 19.08.2009. CURRENT GAIN 551 POINTS AND CONFIRMED GAIN OF 510 POINTS ON CLOSING BASIS. CURRENT GAIN STANDS AT Rs.27600.00 AND CONFIRMED GAIN AT Rs 25500.00 PER LOT
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 4925-35 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. NIFTY FUT SHOWS FLAT OPEN INTEREST AND DECREASE IN VOLUME BY 16% AND THAT INDICATES FORMATION OF SHORT POSITIONS AT HIGHER LEVELS. SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 4985-5005 LEVELS
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 4935-20 SL 4900 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4995 SL 5015 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.
NIFTY FUTURE IS STRONG OVER 4970 & WEAK BELOW 4950
LAST CLOSE NIFTY FUT 4962 NIFTY SPOT 4958.40
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<<4950>>> ..... <<< 4970 >>>
BUY ABV 4971.25 SL 4955.85
TGT 4983.45 - 4994.25 - 5004.25 - 5015.65 - 5025.65
IF NIFTY FUTURE CLEARS 4985-5000 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 5000 WILL TGT 5015-25-34. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 4975-80, DUE TO SHORT COVERING AND FRESH BUYING
SELL/SHORT BELOW 4953.85 SL 4971.00
TGT 4944.25 - 4932.65 - 4918.85 - 4905.25
IF SUSTAINS BELOW 4900 FOR 5-10 MINS TRADE FOR TGT -4889-4870
GOOD BUYING SUPPORT IN COMING DAYS IS 4644-4670
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4921 AND TRADE REVERSE AT 4921. PLZ WATCH UPDATES UPDATES Y/M. SUGGESTED TO BUY AT/ABV 4411 AND HOLD WITH 4390 AS SL AND REVERSE ON 19.08.2009. CURRENT GAIN 551 POINTS AND CONFIRMED GAIN OF 510 POINTS ON CLOSING BASIS. CURRENT GAIN STANDS AT Rs.27600.00 AND CONFIRMED GAIN AT Rs 25500.00 PER LOT
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 4925-35 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. NIFTY FUT SHOWS FLAT OPEN INTEREST AND DECREASE IN VOLUME BY 16% AND THAT INDICATES FORMATION OF SHORT POSITIONS AT HIGHER LEVELS. SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 4985-5005 LEVELS
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 4935-20 SL 4900 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4995 SL 5015 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