LAST CLOSE NIFTY FUT 5107.40 NIFTY SPOT 5105.70
TREND - VOLATILE
TREND DECIDER FOR TODAY <<<5080 >>> ..... <<< 5125 >>>
BUY ABV 5114.10 SL 5090.25
TGT 5124.15 > << 5134.00 - 5144.25 >> 5156.00 > << 5166.65 >> 5176.75 >> 5187.25
IF NIFTY FUTURE CLEARS 5150 AND STAYS ABOVE THIS LEVEL FOR 10-15 MINS, BULL MOVE REMAINS INTACT..IF SUSTAINS, NIFTY FUT WOULD TARGET 5190 - 5210 - 5225 NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5135 - 45, DUE TO SHORT COVERING AND FRESH BUYING
SELL/SHORT BELOW 5090.15 SL 5110.25
TGT 5080.25 << 5069.65 - 5056.35 >> < 5046.95 >
IF SUSTAINS BELOW 5050 FOR 5-10 MINS TRADE FOR TGT - 5035-5015. GOOD BUYING SUPPORTS IN COMING DAYS ARE 5000-4965
ONLY FOR AGGRESSIVE TRADERS AND RISK LOVERS
BUY AT/ABV 5065-75 SL 5045 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BLW 5160-70 SL 5185 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.
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 5075-85 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 YAHOO MESSENGER. NEVER BUY IN A FALLING TREND AND VICE VERSA
CONSIDERING CURRENT SCENARIO EXPECT MARKET TO OPEN FLAT. NIFTY FUT HAS FLAT OPEN INTEREST WITH DECREASE IN VOLUME AND THAT INDICATES UNWINDING OF LONG POSITIONS AT HIGHER LEVELS, SUDDEN PROFIT BOOKING MAY BE SEEN AT HIGHER LEVELS IF 5160-80 IS NOT SUSTAINED..
PLEASE WATCH UPDATES IN YAHOO MESSENGER (ONLY FOR FRIENDS)
BEST OF LUCK AND HAPPY TRADING.
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