NIFTY FUTURE IS STRONG OVER 4915 & WEAK BELOW 4885
LAST CLOSE NIFTY FUT 4900 NIFTY SPOT 4892.10
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<< 4875 >>> ..... <<< 4910 >>>
BUY ABV 4910.35 SL 4890.50
TGT 4923.55 - 4936.65 - 4949.25 - 4964.65 - 4974.85
IF NIFTY FUTURE CLEARS 4925 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4925-40 WILL TGT 4950-65-75. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 4910-4925, DUE TO SHORT COVERING AND FRESH BUYING
SELL/SHORT BELOW 4889.00 SL 4905.45
TGT 4875.35 - 4864.75 - 4850.55 - 4838.25 - 4822.60 - 4810.25
IF SUSTAINS BELOW 4825 FOR 5-10 MINS TRADE FOR TGT -4810-4786
GOOD BUYING SUPPORT IN COMING DAYS IS 4644-4670
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4825 AND TRADE REVERSE AT 4825 WATCH UPDATES Y/M. SUGGESTED TO BUY AT/ABV 4411 AND HOLD WITH 4390 AS SL AND REVERSE ON 19.08.2009. CURRENT GAIN 489 POINTS AND CONFIRMED GAIN OF 414 POINTS ON CLOSING BASIS. CURRENT GAIN STANDS AT Rs.24450.00 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 4860-45 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 OPEN INTEREST MARGINALLY UP AND INCREASE IN VOLUME BY 12% AND THAT INDICATES FORMATION OF LONG POSITION AT HIGHER LEVELS. FOR BTST. SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 4925-40 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 4875-60 SL 4845 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4925-45 SL 4860 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 4900 NIFTY SPOT 4892.10
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<< 4875 >>> ..... <<< 4910 >>>
BUY ABV 4910.35 SL 4890.50
TGT 4923.55 - 4936.65 - 4949.25 - 4964.65 - 4974.85
IF NIFTY FUTURE CLEARS 4925 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 4925-40 WILL TGT 4950-65-75. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 4910-4925, DUE TO SHORT COVERING AND FRESH BUYING
SELL/SHORT BELOW 4889.00 SL 4905.45
TGT 4875.35 - 4864.75 - 4850.55 - 4838.25 - 4822.60 - 4810.25
IF SUSTAINS BELOW 4825 FOR 5-10 MINS TRADE FOR TGT -4810-4786
GOOD BUYING SUPPORT IN COMING DAYS IS 4644-4670
POSITIONAL - HOLD NIFTY FUTURE WITH SL 4825 AND TRADE REVERSE AT 4825 WATCH UPDATES Y/M. SUGGESTED TO BUY AT/ABV 4411 AND HOLD WITH 4390 AS SL AND REVERSE ON 19.08.2009. CURRENT GAIN 489 POINTS AND CONFIRMED GAIN OF 414 POINTS ON CLOSING BASIS. CURRENT GAIN STANDS AT Rs.24450.00 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 4860-45 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 OPEN INTEREST MARGINALLY UP AND INCREASE IN VOLUME BY 12% AND THAT INDICATES FORMATION OF LONG POSITION AT HIGHER LEVELS. FOR BTST. SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 4925-40 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 4875-60 SL 4845 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 4925-45 SL 4860 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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