NIFTY FUT HAS TO CLOSE ABOVE 5015 FOR THREE CONSECUTIVE DAYS FOR FOR FURTHER UP MOVE
NIFTY FUTURE IS STRONG OVER 4980 & WEAK BELOW 4930
NIFTY FUTURE IS STRONG OVER 4980 & WEAK BELOW 4930
LAST CLOSE NIFTY FUT 4968 NIFTY SPOT 4958.95
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<<4950>>> ..... <<<4975 >>>
BUY ABV 4970.05 SL 4948.95
TGT 4983.25 - 4992.75 - 5004.35 - 5017.25 - 5028.75 - 5039.25 - 5049.65
IF NIFTY FUTURE CLEARS 5015-25 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. IF TRADES ABOVE 5025 WILL TGT 5045-63-81. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5015-25, DUE TO SHORT COVERING AND FRESH BUYING.
SELL/SHORT BELOW 4949.25 SL 4970.65
TGT 4936.95 - 4924.50 - 4915.85 - 4907.65
IF SUSTAINS BELOW 4905 FOR 5-10 MINS TRADE FOR TGT 4880
GOOD BUYING SUPPORT IN COMING DAYS IS 4800-4840
POSITIONAL NIFTY BUY ABV 4950 SL 4930 AND REVERSE.
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 4915-35 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 GAP UP. MARKET DATA SHOW MARGINAL INCREASE IN OPEN INTEREST AND VOLUME AND THAT INDICATES UNWINDING OF LONG POSITIONS AND FORMATION OF SHORTS TOO AT HIGHER LEVELS..
BUY ABV 4970.05 SL 4948.95
TGT 4983.25 - 4992.75 - 5004.35 - 5017.25 - 5028.75 - 5039.25 - 5049.65
IF NIFTY FUTURE CLEARS 5015-25 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. IF TRADES ABOVE 5025 WILL TGT 5045-63-81. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5015-25, DUE TO SHORT COVERING AND FRESH BUYING.
SELL/SHORT BELOW 4949.25 SL 4970.65
TGT 4936.95 - 4924.50 - 4915.85 - 4907.65
IF SUSTAINS BELOW 4905 FOR 5-10 MINS TRADE FOR TGT 4880
GOOD BUYING SUPPORT IN COMING DAYS IS 4800-4840
POSITIONAL NIFTY BUY ABV 4950 SL 4930 AND REVERSE.
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 4915-35 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 GAP UP. MARKET DATA SHOW MARGINAL INCREASE IN OPEN INTEREST AND VOLUME AND THAT INDICATES UNWINDING OF LONG POSITIONS AND FORMATION OF SHORTS TOO AT HIGHER 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 4920-40 SL 4905 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BELOW 5025-45 SL 5055 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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my name is Saif
my Yahoo ID is reachsaifahmed@yahoo.com
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