Swing Volume Pattern Update will be sending and updating the same on weekly basis once
BIG RED DOWN CANDLE WITH VERY LOW VOLUME (27-08-2010) EOD CHART
NIFTY SPOT TRADING LEVELS
STRONG ABOVE 5419 ( A )
SUSTAIN ABOVE 5445 (B) TRG 5473 / 5500
WEEK BELOW 5389 (C)
SUSTAIN BELOW 5363 (D) TRG 5335 / 5310
INSTRUCTIONS HOW TO TRADE WITH ABOVE LEVELS USING A , B , C , D
BUY FEW QTY ABOVE ( A ) WITH STOPLOSS (5389) DOUBLE QTY ABOVE (B) IF SUSTAIN ABOVE FOR 5 MINS WAIT FOR TARGETS AND MODIFY STOPLOSS TO ( A ) IF NOT THEN BOOK NEAR (B)
SELL FEW QTY BELOW (C) WITH STOPLOSS (5419) DOUBLE QTY BELOW (D) IF SUSTAIN BELOW FOR 5 MINS WAIT FOR TARGETS AND MODIFY STOPLOSS TO (C) IF NOT THEN BOOK NEAR (D)
AVOID CARRYING SHORT IN MARKET .. NIFTY SOON HEADING TO HIT 5580-5620
EVERYONE ON THE STREET TALKING ABOUT LEVELS 5545 & 5555 AS BREAKOUT LEVEL FOR NIFTY
AS PER OUR READING THE LEVEL IS 5680 AND ABOVE TWO LEVELS WILL BE FALSE BREAKOUT LEVEL
ONLY ON CLOSE ABOVE 5680 NIFTY SPOT FOR 3 DAYS WILL TARGET FOR NEW LIFE HIGH WHICH IS UNLIKELY
EVERYONE JUST ASKING SHOULD WE START BUILDING SHORT POSITION
AS LONG TARGETS ARE HIT 4900>>>5550-5560 NEARLY HIT ...
OUR ANSWER IS BIG NO .... BUT YES START BOOKING LONGS IN PARTS ...
IF STILL WILLING TO SHORT THEN CAN ACCUMULATE ABOVE 5560 LEVELS
WITH STOPLOSS 5680 3 DAYS CLOSING ABOVE NIFTY SPOT
ELSE WAIT FOR THE ALERT MESSAGE ON WHEN TO ENTER & ACCUMULATE SHORT POSITION
:: ABNSTOCKS WAS THE ONE ONLY WHO TOLD TO BUY BTW 4870-4920
:: THEN FOR THOSE WHO DID NOT TOOK LONG AT ABOVE LEVEL
:: WE RECMD FOR POSITIONAL BUY NIFTY ON CLOSE ABOVE 5025 AND ADD HUGE QTY ABOVE 5156 (BREAKOUT LEVEL)
:: TWO DAYS CLOSE ABOVE 5156 TARGET 5285 (HIT) & 5455 (HIT)
:: FINAL TARGETS HITZZZ :: 4900>>>5500++++
:: AGAIN WE WILL BE THE FIRST ONE TO MAKE YOU SHORT ON THE RIGHT TIME
::: Weeky Levels ::: sl 5450
close above 5510 trg 5600 / 5666
close below 5350 trg 5292 / 5192
Nifty Trading Range :: 5400 - 5600
Bear Fear Zone 5446 ::: Bull Fear Zone 5491
Bulls will have full control above 5491 and will fear the bears
Bears will have full control below 5446 and will fear the bulls
Nifty 50 day EMA :: 5386
Nifty 100 day EMA :: 5293
Nifty 200 day EMA :: 5114
NIFTY BULLISH / BUY ON DIPS TILL THE TIME 50 DAYS EMA SUSTAIN ABOVE 100 DAYS EMA
BULL MARKET WHEN 50 & 100 DAYS EMA SUSTAIN ABOVE 200 DAYS EMA
NIFTY BEARISH / SELL ON RISE TILL THE TIME 50 DAYS EMA SUSTAIN BELOW 100 DAYS EMA
BEAR MARKET WHEN 50 & 100 DAYS EMA SUSTAIN BELOW 200 DAYS EMA
All Above Spot Levels
OM SHRI GANESHAYA NAMAH