IF DOES NOT SUSTAIN BELOW 5107 ON NIFTY SPOT INTRADAY SHOULD TRY FOR 5137 / 5164 / 5191

NIFTY 5020-5050>>>>5110 - NIFTY FUT FLAT TO 15 POINTS PREMIUM - OUR TGT 5140-5160

HOPE ENJOYING THE RISE
NIFTY 5020-5050>>>>5110
NIFTY FUT FLAT TO 15 POINTS PREMIUM
OUR TGT 5140-5160

POSITIONAL / CARRY BUY DENABANK 'CASH LEVELS' - CMP 85 TGT 89 / 93 / 97 SL 81 CLOSING

POSITIONAL / CARRY BUY DENABANK 'CASH LEVELS'
CMP 85 TGT 89 / 93 / 97 SL 81 CLOSING

ON 15TH SEPT 2011 CLOSE WE HAD HAMMER AND HANGING MAN PATTERN CANDLE PATTERN ON NIFTY SPOT- SO TILL 5020 HOLDS ON CLOSING BASIS BULLS HAVE NO PROBLEM - ANY DIP USE FOR BUYING

ON 15TH SEPT 2011 CLOSE WE HAD HAMMER AND HANGING MAN PATTERN CANDLE PATTERN ON NIFTY SPOT

SO TILL 5020 HOLDS ON CLOSING BASIS BULLS HAVE NO PROBLEM

PROBLEM STARTS ON CLOSE BELOW 5020

TILL HOLD 5020 ON CLOSING BASIS ANY DIP USE FOR BUYING

ALL NIFTY SPOT LEVELS

NIFTY EOD CHART DT 16TH SEPT 2011 - LAST WEEK BOTH POSITIONAL TGT HIT 4940>>5070>>5140 - NOW FOR THIS WEEK AND WEEKS AHEAD BULLS NEED TO WATCH LEVELS OF 5160 - IF DIPS ONE CAN BUY BTW 5050-5020 FOR TGT 5140-5160 SL 5020 CLOSING - ALL SPOT LEVELS

NIFTY EOD CHART DT 16TH SEPT 2011

LAST WEEK POSITIONAL BUY CALL GIVEN AT 4935-4940

DID TGT 1 & 2 @ 5070-5080 & 5140-5160

NOW FOR THIS WEEK AND WEEKS AHEAD BULLS NEED TO WATCH LEVELS OF 5160

INVS H&S BREAKOUT ABOVE 5160 STOPLOSS 5020 CLOSING BASIS
CLOSING IS MUST ABOVE 5160 FOR CONFIRMATION
BREAKOUT WILL TGT 5680-5720 IN BTW TGT 5250 / 5470 / 5680

ONE CAN BUY ON CROSSOVER AND SUSTAIN ABOVE 10-15 MINS

BUT IF CLOSING BELOW 5160 EXIT INTRADAY ONLY

ALL ABOVE NIFTY SPOT LEVELS

IF NIFTY SPOT DIPS DURING THE WEEK 19TH - 23 TH SEPT 2011

ONE CAN BUY BTW 5050-5020 FOR TGT 5140-5160 SL 5020 CLOSING

ALL ABOVE NIFTY SPOT LEVELS

MONDAY MORNING TGT 5130-5150 "NF"

WE BOOKED ALL LONG IN HDIL 103>>>110 - STILL HOLDING IBREALEST

RELIANCE ABOVE 840 TGT 848 / 853 / 857 SL BELOW 834

DID NOT CROSSOVER 840 AFTER CALL WAS GIVEN

WENT TILL 839.xx AND FALL OFF

IN ANY PANIC NIFTY HAD TO TEST THE SUPPORT ZONE AND IT TESTED @ 5070 - THAT IS WHY WE SAID EXIT ONLY IF SUSTAIN BELOW 5070 MIN FOR 5 MINS

IN ANY PANIC NIFTY HAD TO TEST THE SUPPORT ZONE AND IT TESTED @ 5070

THAT IS WHY WE SAID EXIT ONLY IF SUSTAIN BELOW 5070 MIN FOR 5 MINS

THEN TICK RATE NOW SEE NIFTY TESTED SUPPORT ZONE AND BOUNCED BACK 40 POINTS TO 5110 

THIS IS THE STRENGHT AND TRAP FOR THE BEARS

DAY TRADER BUY NIFTY FUT AS PER SPOT LEVELS - CMP 5105-5110 ADD MORE ABOVE 5138 - ALL SPOT LEVELS

DAY TRADER BUY NIFTY FUT AS PER SPOT LEVELS

CMP 5105-5110 ADD MORE ABOVE 5138 TGT 5165 / 5190 / 5217

STOPLOSS 5070 IF SUSTAIN BELOW FOR 5 MINS

ALL SPOT LEVELS

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