PLEASE DO NOT GET CARRIED AWAY BY MARKET RUMOUR OF 5100+ AND FALL INTO A BULL TRAP. NIFTY FUT HAS TO CLOSE ABV 5015+ FOR THREE CONSECUTIVE DAYS FOR MOVING FORWARD. USE HIGHER LEVELS TO BOOK PROFITS ONLY.
NIFTY FUTURE IS STRONG OVER 5035 & WEAK BELOW 5015
LAST CLOSE NIFTY FUT 5031 NIFTY SPOT 5020.20
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<<5015>>> ..... <<< 5035 >>>
BUY ABV 5032.15 SL 5016.25
TGT 5042.55 - 5053.85 - 5062.65 - 5074.15
IF NIFTY FUTURE CLEARS 5040-50 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. IF TRADES ABOVE 5050 WILL TGT 5065-75-90. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5035-45, DUE TO SHORT COVERING AND FRESH BUYING.
SELL/SHORT BELOW 5014.55 SL 5034.65
TGT 5006.45 - 4995.95 - 4982.25 - 4970.65 -4955.45
IF SUSTAINS BELOW 4950 FOR 5-10 MINS TRADE FOR TGT 4941 -4930 - 4921
GOOD BUYING SUPPORT IN COMING DAYS IS 4800-4840
POSITIONAL NIFTY BUY ABV 5000 SL 4975 AND REVERSE. PLEASE WAIT TO GET CONFIRMATION IN YAHOO MESSENGER
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 4970-4980 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. LONG ROLL OVER SEEN IN NIFTY FUT IN OCTOBER SERIES SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 5045-5055 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.NIFTY FUTURE IS STRONG OVER 5035 & WEAK BELOW 5015
LAST CLOSE NIFTY FUT 5031 NIFTY SPOT 5020.20
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<<5015>>> ..... <<< 5035 >>>
BUY ABV 5032.15 SL 5016.25
TGT 5042.55 - 5053.85 - 5062.65 - 5074.15
IF NIFTY FUTURE CLEARS 5040-50 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. IF TRADES ABOVE 5050 WILL TGT 5065-75-90. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5035-45, DUE TO SHORT COVERING AND FRESH BUYING.
SELL/SHORT BELOW 5014.55 SL 5034.65
TGT 5006.45 - 4995.95 - 4982.25 - 4970.65 -4955.45
IF SUSTAINS BELOW 4950 FOR 5-10 MINS TRADE FOR TGT 4941 -4930 - 4921
GOOD BUYING SUPPORT IN COMING DAYS IS 4800-4840
POSITIONAL NIFTY BUY ABV 5000 SL 4975 AND REVERSE. PLEASE WAIT TO GET CONFIRMATION IN YAHOO MESSENGER
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 4970-4980 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. LONG ROLL OVER SEEN IN NIFTY FUT IN OCTOBER SERIES SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 5045-5055 LEVELS
ONLY FOR AGGRESSIVE TRADERS AND RISK LOVERS
BUY AT/ABV 4970-80 SL 4960 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 5055-65 SL 5075 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
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