NIFTY FUTURE SHOULD TRADE AND SUSTAIN ABOVE 5075 FOR FURTHER UP MOVE AND WATCH 5000 IN DOWN SIDE
NIFTY FUTURE IS STRONG OVER 5030 AND WEAK BELOW 5010
LAST CLOSE NIFTY FUT 5036.45 NIFTY SPOT 5041.75
TREND - VOLATILE
TREND DECIDER FOR TODAY <<<5020>>> ..... <<<5050 >>>
BUY ABOVE 5043.35 SL 5023.95
TGT 5053.65 << 5065.50 - 5575.65 >> 5097.45 AND IF SUSTAINS ABOVE 5100 WILL TARGET 5115-30 -45
IF NIFTY FUTURE CLEARS 5040-5050 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT.. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5050-75, DUE TO SHORT COVERING AND FRESH BUYING.
SELL/SHORT BELOW 5022.35 SL 5043.25
TGT 5012.15 > 5003.55 > 4990.75 > << 4978.45 - 4964.65 >> < 4950.65 >
IF SUSTAINS BELOW 4950 FOR 5-10 MINS TRADE FOR TGT 4942-4930-4915
GOOD BUYING SUPPORTS IN COMING DAYS ARE 4840 - 4800 - 4760
BUY ABOVE 5043.35 SL 5023.95
TGT 5053.65 << 5065.50 - 5575.65 >> 5097.45 AND IF SUSTAINS ABOVE 5100 WILL TARGET 5115-30 -45
IF NIFTY FUTURE CLEARS 5040-5050 AND STAYS ABOVE THIS LEVEL WITH VOLUME, BULL MOVE REMAINS INTACT.. NIFTY FUTURE SHOULD MOVE FAST ONCE CROSSES AND SUSTAINS ABOVE 5050-75, DUE TO SHORT COVERING AND FRESH BUYING.
SELL/SHORT BELOW 5022.35 SL 5043.25
TGT 5012.15 > 5003.55 > 4990.75 > << 4978.45 - 4964.65 >> < 4950.65 >
IF SUSTAINS BELOW 4950 FOR 5-10 MINS TRADE FOR TGT 4942-4930-4915
GOOD BUYING SUPPORTS IN COMING DAYS ARE 4840 - 4800 - 4760
ONLY FOR AGGRESSIVE TRADERS AND RISK LOVERS
BUY AT/ABV 5000-4985 SL 4965 FOR TGTS AS MENTIONED ABOVE
SHORT AT/BELOW 5070 - 85 SL 5100 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 5000-4980 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. NIFTY FUTURE SHEDS OPEN INTEREST BY 4.22% AND VOLUME DECREASES BY 5% AND THAT INDICATES SHORT COVERING AT LOWER 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. BOUNCE BACK EXPECTED FROM 4980-60 IF REACHED
FRIENDS MAY VISIT OUR FORUM http://blueeye.11.forumer.com/index.php FOR MORE CALLS AND VIEWS. PLEASE WATCH UPDATES IN YAHOO MESSENGER(ONLY FOR FRIENDS )
BEST OF LUCK AND HAPPY TRADING
No comments:
Post a Comment