NIFTY FUTURE IS STRONG OVER 4935 & WEAK BELOW 4885
LAST CLOSE NIFTY FUT 4903.15 NIFTY SPOT 4898.40
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<< 4875 >>> ..... <<< 4950 >>>
BUY ABV 4929.60 SL 4906.25
TGT 4940.55 > << 4957.95 - 4969.05 >> < 4982.45 > << 4993.30 - 5006.50 >>
IF NIFTY FUTURE CLEARS 4980 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 5000 WILL TGT 5015 -5035-5065. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 4935-4945, 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 4645-4680
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 4860-75 IF REACHED .
FOR NEWER TRADERS
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. INCREASE IN OPEN INTEREST BY 2.90% AND DECREASE IN VOLUME BY 12% INDICATE FORMATION OF LONG POSITIONS. SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 4950-65 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 4870-60 SL 4845 FOR TGTS AS MENTIONED ABOVE RISK 15-25 POINTS
SHORT AT/BLW 4955-65 SL 4980 FOR TGTS MENTIONED ABOVE RISK 15-25 POINTS
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.
FRIENDS MAY VISIT http://blueeye.11.forumer.com/index.php FOR MORE CALLS AND VIEWS OF EMINENT ANALYSTS.
LAST CLOSE NIFTY FUT 4903.15 NIFTY SPOT 4898.40
TREND - VOLATILE - BULLISH
TREND DECIDER FOR TODAY <<< 4875 >>> ..... <<< 4950 >>>
BUY ABV 4929.60 SL 4906.25
TGT 4940.55 > << 4957.95 - 4969.05 >> < 4982.45 > << 4993.30 - 5006.50 >>
IF NIFTY FUTURE CLEARS 4980 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT. WATCH THIS POINT. IF TRADES ABOVE 5000 WILL TGT 5015 -5035-5065. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 4935-4945, 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 4645-4680
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 4860-75 IF REACHED .
FOR NEWER TRADERS
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. INCREASE IN OPEN INTEREST BY 2.90% AND DECREASE IN VOLUME BY 12% INDICATE FORMATION OF LONG POSITIONS. SUDDEN PROFIT BOOKING AT HIGHER LEVELS MAY NOT BE RULED OUT. BE ON GUARD ABV 4950-65 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 4870-60 SL 4845 FOR TGTS AS MENTIONED ABOVE RISK 15-25 POINTS
SHORT AT/BLW 4955-65 SL 4980 FOR TGTS MENTIONED ABOVE RISK 15-25 POINTS
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.
FRIENDS MAY VISIT http://blueeye.11.forumer.com/index.php FOR MORE CALLS AND VIEWS OF EMINENT ANALYSTS.
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