NIFTY SPOT TGT 2 @ 4957 ALSO HIT BOOK 100%

NIFTY SPOT TGT 2 @ 4957 ALSO HIT BOOK 100%

NOW WAIT AND GO SHORT ON BREAK BELOW 4930

FOR TGT 4903 / 4873 / 4848 SL 4960

RISKLY PLAYER CAN SHORT @ CMP FOR TGT 4930 / 4903 / 4873 sl 4987

NOW TRAIL SL TO TGT 1 I.E 4930 (NIFTY SPOT) FOR TGT 2 / 3 I.E 4957 / 4984

NOW TRAIL SL TO TGT 1 I.E 4930 (NIFTY SPOT) FOR TGT 2 / 3 I.E 4957 / 4984

IF BREAK BELOW 4930 GO SHORT FOR TGT 4903 / 4873 / 4848 SL 4960

As per Wave Time Frame - SHORT SL TRIGGER - LONG TGT 1 HIT - BOOK SOME TRAIL SL TO COST

SHORT SL TRIGGER - LONG TGT 1 HIT - BOOK SOME TRAIL SL TO COST

As per Wave Time Frame
Till 28-10-2011 MKT will be in Down Trend ... i.e Sell on Rise
And After 28-10-2011 MKT will be in Up Trend i.e Buy on Dips

INTRADAY NIFTY SPOT TRADING LEVELS - TRADE AS PER SPOT LEVELS ON NIFTY FUTURE

SHORT ON BREAK BELOW 4873 TGT 4848 / 4821 / 4793 / 4765
BUY ON BREAK ABOVE 4903 TGT 4930 / 4957 / 4984 / 5011

HOPE ALL MINITING MONEY IN POSITIONAL NIFTY SHORT FROM 5120 LEVELS - MARKET MAY TAKE A PAUSE WITH A FALL ON MONDAY MORNING BTW TGT 3 - 4781 AND TGT 4 - 4670

HOPE ALL MINITING MONEY IN POSITIONAL NIFTY SHORT FROM 5120 LEVELS
MARKET MAY TAKE A PAUSE WITH A FALL ON MONDAY MORNING BTW TGT 3 - 4781 AND TGT 4 - 4670
IF LONG NEED TO BE TAKEN WILL UPDATE / POST

NIFTY SPOT DAILY CHART : ANOTHER BEARISH ENGULFING CANDLE ON TODAY CLOSE - DOWNSIDE PENDING TGT's INTACT

NIFTY SPOT DAILY CHART

ANOTHER BEARISH ENGULFING CANDLE ON TODAY CLOSE

DOWNSIDE PENDING TGT's INTACT

NIFTY FUT SHORT ROCKING 5120>>>4968 DID TGT 1 - AVOID BOTTOM FISHING AT THESE LEVELS - BETTER WAIT FOR LEVEL BTW 4700-4500 - TWO DAYS CLOSE BELOW 4940 BLOOD BATH

POSITIONAL TRADER CAN SHORT NIFTY FUTURE AT CMP + ADD ON RISE AS PER NIFTY SPOT LEVELS

POSITIONAL TRADER CAN SHORT NIFTY FUTURE AT CMP
ADD ON RISE AS PER NIFTY SPOT LEVELS
CMP 5115-5120 TGT 5000 / 4890 / 4781 / 4670 SL 5200 CLOSING

NIFTY SPOT DAILY CHART : BEARISH ENGULFING CANDLE - WEEKLY CHART : NEAR DOJI CANDLE

NIFTY SPOT WEEKLY CHART : NEAR DOJI CANDLE

NIFTY SPOT DAILY CHART : BEARISH ENGULFING CANDLE

Weekly close below 5110-5090 will re-test last and final weekly support zone 4940-4960. Problem may start on close below 4940

RED ALERT :-: RUMORS ON THE STREET AND FROM A KNOWN FRND SOURCE ALSO

RED ALERT :-: RUMORS ON THE STREET AND FROM A KNOWN FRND SOURCE ALSO
MKT WILL HIT 4600 NEXT WEEK OR MAY HAVE CIRCUIT FREEZEE
SO BE CAUTIOUS ON LONGS ... IT'S BETTER STAYING HEDGED
MONEY SAVED IS MONEY EARNED SO BE CAUTIOUS ON LONG

we feel it is just the rebound so do not hurry to buy the market and if zone 4940-4960 is base for the market also trendline support on weekly chart then for sure market will test levels near the same again

NOW CAN BUY HEDGE OPTION POSITION - 4700 PUTS AND 5400 CALLS - PREMIUM @ 77-79 EXPECTED PREMIUM BTW 125-145

NOW CAN BUY HEDGE OPTION POSITION

4700 PUTS AND 5400 CALLS

BOTH IN EQUAL QTY AND TRADE IN QTY

PREMIUM @ 77-79 EXPECTED PREMIUM BTW 125-145

MORNING BOOKED 5300 CALLS + 4800 PUTS AND 4900 PUTS + 5400 CALLS

LETS WAIT AND WATCH ... FIRST SIGN OF WEEKNESS WOULD BE WEEKLY CLOSE BELOW 5110-5090 .... AND ANOTHER BELOW 4940 AND LAST HOPE FOR MKT AS PER THE CHARTS

NIFTY SPOT WEEKLY CHART DT 8TH AUG '11 -- LAST HOPE AND TREND-LINE SUPPORT 4960-4940 CLOSE BELOW WILL MOVE FOR 4790 / 4680 / 4550-4530

NIFTY SPOT - AT CMP WE HAVE BROKEN THE WEEKLY SUPPORT TRENDLINE - SO THIS WEEK CLOSE WILL BE IMP

NIFTY SPOT - AT CMP WE HAVE BROKEN THE WEEKLY SUPPORT TRENDLINE

SO THIS WEEK CLOSE WILL BE IMP PLUS

the best trade is to buy and sit with hedge option  position and keep booking and shifting

BOOK AND MOVE OPTION HEDGE POSTION TO 4800 PUTS AND 5300 CALLS

IF BOUGHT 4900 PUTS AND 5300 CALLS

AND THOSE HOLDING 5000 PUTS AND 5400 CALLS

BOOK AND MOVE OPTION HEDGE POSTION TO

4800 PUTS AND 5300 CALLS

THOSE MISSED OPTION HEDGE BUY IN 5000 PUTS AND 5400 CALLS - CAN BUY 4900 PUTS AND 5300 CALLS

THOSE MISSED OPTION HEDGE (76-77) BUY IN 5000 PUTS AND 5400 CALLS

NOW ON OPENING BELL ON GAP-DOWN NEAR 5100

CAN BUY 4900 PUTS AND 5300 CALLS

THOSE HOLDING 5300 CALLS @54-56 HOLD WITH CLOSING SL GIVEN ON FRIDAY

ELSE CAN HOLD BUYING 4900 PUTS IN EQUAL QTY

ON NIFTY FUT INTRADAY CHART THERE HAS BEEN INV H&S PATTERN - LEVELS COMES @ 5220 BUT WILL CONSIDER 5240

ON NIFTY FUT INTRADAY CHART THERE HAS BEEN INV H&S PATTERN
LEVELS COMES @ 5220 BUT WILL CONSIDER 5240
IF BREAK 5240 ON NIFTY FUT WHICH IS UNLIKELY
AS THE TIME IS LESS ... BUT IF MANAGE TO THEN
NIFTY FUTURE CAN RALLY BTW 80-120 POINTS

ONE SHOULD BET ON LEVEL 5090 AS THE STOPLOSS - ON WEEKLY OR TWO DAYS CLOSING BELOW - TGT LATER

ONE SHOULD BET ON LEVEL 5090 AS THE STOPLOSS

ON WEEKLY OR TWO DAYS CLOSING BELOW

TGT LATER AND BETTER WAIT FOR MONDAY 4 BUYING IN HUGE

HOWOVER ONE CAN ACCUMULATE 5300 CALLS ON DIPS