+DIV REASON FOR MKT RALLY - NIFTY SPOT IEOD CHART TILL 1:57 PM DT 29TH AUGUST 2011 + UPDATES ON CHARTS

+DIV AS POSTED ON FRIDAY REASON FOR MKT RALLY

HIGHLY BULLISH ON CLOSE ABOVE 4940 "NIFTY SPOT"
PLUS CLOSING REQUIRED THE NEXT DAY
ONCE CLOSE ABOVE 4940 PLACE SL AT 8 EMA ON CLOSING BASIS NIFTY SPOT

T1- 5040-5060 , T2- 5110-5130 , T3- 5220-5240

CARRY LONG : ON NIFTY DAILY CHARTS INDICATORS ARE IN AND FEW IN FORMATION OF +DIV - NO NEED TO PANIC

ON NIFTY DAILY CHARTS INDICATORS ARE IN AND FEW IN FORMATION OF +DIV

NO NEED TO PANIC

IF YOU BEING PANICING THEN HEDGE WITH PUTS AND CARRY LONG

POSITIONAL BUY NIFTY FUT AS PER SPOT LEVELS GO LONG @ CMP 4885 - CAN EVEN ACCUMULATE SEPT 5200 CALLS CMP 39

POSITIONAL BUY NIFTY FUT AS PER SPOT LEVELS

GO LONG @ CMP 4885 ADD MORE IF DIPS NEAR 4830
STOPLOSS 4770 TWO DAYS OR WEEKLY CLOSING
DOUBLE BUY ON CLOSE ABOVE 4970
FOR TGT 5060 / 5110 / 5220 / 5280
CAN EVEN ACCUMULATE SEPT 5200 CALLS CMP 39

NIFTY FUTURE BREAK BELOW 4860 - NIFTY FUTURE BREAK ABOVE 4885

NIFTY FUTURE BREAK BELOW 4860 WILL MOVE MIN 4830 SL 4885
NIFTY FUTURE BREAK ABOVE 4885 WILL MOVE MIN 4915 SL 4860

CARRY NIFTY SHORT @ 4895 AS STBT AS DID YESTERDAY - FOR TGT 4844 / 4817 / 4789 STOPLOSS 4900 ON NIFTY SPOT

CARRY NIFTY SHORT @ 4895 AS STBT AS DID YESTERDAY
FOR TGT 4844 / 4817 / 4789 STOPLOSS 4900 ON NIFTY SPOT

INTRADAY FRESH SHORT "SPOT LEVELS" - ON BREAK BELOW 4895 ON NIFTY SPOT SL 4925 TGT 4881 / 4869 / 4855 / 4841

REVISE SL TRIGGER LOOK LIKE OPERTOR CAME TO EAT SL

INTRADAY FRESH SHORT "SPOT LEVELS"
ON BREAK BELOW 4895 ON NIFTY SPOT
SL 4925 TGT 4881 / 4869 / 4855 / 4841

NIFTY SPOT 4955-4960>>>4903 DID TGT 1 BOOK SOME AND REVISE SL TO 4927 NIFTY SPOT AND HOLD BAL FOR TGT 2 & 3 - 4873 / 4848

NIFTY SPOT 4955-4960>>>4903 DID TGT 1
BOOK SOME AND REVISE SL TO 4927 NIFTY SPOT
AND HOLD BAL FOR TGT 2 & 3 - 4873 / 4848

CARRY SHORT AS STBT COVER IT IN 1ST HOUR OF TRADE TOMORROW

WE ARE ALREADY SHORT BTW 4955-4960 NIFTY SPOT LEVEL AS PER RISKLY TRADE ... SAFE TRADE LEVEL TO SHORT BELOW 4930 NIFTY SPOT

NIFTY FUT INTRDAY ODIN CHART CMP 4955 - BELOW 4944 WITH VOLUME PROBLEM FOR BULLS