UPDATE : NIFTY SPOT EOD CHART - FLAG PATTERN BREAKDOWN @ 5480 TGT / SL - REVISE STOPLOSS FOR POSITIONAL SHORT - LOWER TREND LINE BROKEN AND CLOSE BELOW AFTER 4 ATTEMPS

FLAG PATTERN FORMATION ON CHART WHERE THE HEIGHT IS OF 162 POINTS
BREAKOUT ON DOWNSIDE HAPPEN BELOW 5480

THOSE TAKEN SHORT BELOW 5480 CAN HOLD FOR TGT 5330-5310 WITH SL ON CLOSING 5515

UPDATE :-

POSITIONAL SHORT TAKEN @ 5800 AND DOUBLE BELOW 5680
WE BOOKED 50% OF SHORT @ TGT 2 - 5480 AND BELOW
NOW FOR REMAINING SHORT REVISE STOPLOSS TO 5515 ON CLOSING BASIS
BOOK REMAINING 30% @ TGT 3 - 5370 AND REMAINING 20% @ TGT 4 - 5245

AFTER MAKING 4 ATTEMPS NIFTY SPOT TODAY FINALLY CLOSED BELOW LAST SUPPORT TRENDLINE AS SHOWN IN CHART

ON WEEKLY CHART NIFTY SPOT TODAY HIT THE SAR LEVEL AND SAR TURNED TO SELL

AND AS POSTED ON SUNDAY THAT ON NIFTY SPOT WEEKLY CHART CLOSED BELOW THE SUPPORT TREND LINE - 1

SO NOW IN COMMING DAYS WILL MAKE AN ATTEMP TO HIT LEVELS NEAR SUPPORT TREND LINE - 2 @ 5210

MORE CAN READ ON BELOW POST POSTED

NOTE : AS PER ASTRO ANY RISE ON MONDAY OR TUESDAY SHOULD BE USED FOR SELLING ON WENESDAY & THURSDAY MARKET WILL REMAIN UNDER SELLING PRESSURE AND ON FRIDAY WILL ATTRACT BIG SELL-OFF.

POSTING INTRADAY NIFTY FUT LONG / SHORT LEVELS IN NEXT FEW MINS

OM SHRI GANESHAYA NAMAH

UPDATED WELL IN ADVANCE ONCE 5465 BREAK JUST SAY BYE BYE TO NF - 5465>>>>5440 TGT 1 HIT

UPDATED WELL IN ADVANCE ONCE 5465 BREAK JUST SAY BYE BYE TO NF

5465>>>>5440 TGT 1 HIT

NOT REVISE SL TO COST I.E 5465 AND WAIT FOR TGT 2 & 3

I.E. 5415 & 5380

WATCH-OUT 5480 ON NIFTY SPOT ON CLOSING BASIS AS PER FLAG PATTERN FORMATION

WATCH-OUT 5480 ON NIFTY SPOT ON CLOSING BASIS AS FLAG PATTERN FORMATION

FOR LEVELS REFER BELOW POST

NOW ONCE 5465 BREAK AND SUSTAIN BELOW IN NIFTY FUTURE - NOTE : AS PER ASTRO

NOW ONCE 5465 BREAK AND SUSTAIN BELOW IN NIFTY FUTURE

JUST SAY BYE BYE TO NF ATLEAST FOR INTRADAY AND WAIT FOR TGT'S

NOTE:-

AS PER ASTRO ANY RISE ON MONDAY OR TUESDAY SHOULD BE USED FOR SELLING
ON WENESDAY & THURSDAY MARKET WILL REMAIN UNDER SELLING PRESSURE

AND ON FRIDAY WILL ATTRACT BIG SELL-OFF

NOTE / ALERT / UPDATE - RELIANCE - TATASTEEL - LT

note / alert :- reliance close below 930 2 days bloodbath start
LT is weak below 1550 and trading below the lower trend line since 6-7 days
close below 1500 heading for 1420-1380 / 1325 / 1240-1250 sl 1580 closing

keep an eye on tatasteel close below 575 and remain below the next day will tgt 530-540 / 485-505 be ready to buy 560 puts can be a big jackpot stoploss closing above 575 cash level

INTRADAY LONG SL HIT OF 30 POINTS NO MATTER IT HAPPENS SOMETIMES

+VE DIV ON 15 AND 60 MINS NIFTY SPOT CHART

OM SHRI GANESHAYA NAMAH

Edited : NIFTY FUTURE - INTRADAY TRADING LEVEL - BUY / SELL :: 17th May 2011

Long Nifty Future above 5510 with stop loss 5480 for target 5540 / 5565 / 5590

Short Nifty Future below 5465 with stop loss 5495 for target 5440 / 5415 / 5380

Trade Only If The Level Crossover Above or Below With-In The First Hour of Trading Session

OM SHRI GANESHAYA NAMAH

keep an eye on tatasteel close below 575 - be ready to buy 560 puts can be a big jackpot

keep an eye on tatasteel close below 575 and remain below the next day will tgt 530-540 / 485-505 be ready to buy 560 puts can be a big jackpot stoploss closing above 575 cash level

RE-POST: Note - Alert :- reliance close below 930 & LT is weak below 1550

note / alert :- reliance close below 930 2 days bloodbath start
LT is weak below 1550 and trading below the lower trend line since 6-7 days
close below 1500 heading for 1420-1380 / 1325 / 1240-1250 sl 1580 closing

OM SHRI GANESHAYA NAMAH