7/06/2010

NIFTY 7th July 2010









2 comments:

  1. Ankit,

    Yesterday there was problem in "Blogger comment page" here you go for my comments..........

    NIFTY is all set for it's next UP move (more than 200 points).

    Points to be noted (BULLISH SIGN):
    1. Recent low 5210 has not taken out for last 5 trading session(including today). I feel today or next coming days in this week NIFTY won't go below 5210 level.
    2. On 30th June(ie month end) NIFTY rallied for 70 points & confirmed Monthly is still UP (ie previous month high is 5278, NIFTY managed to close above this level)
    3. Monthly U-turn level using synthetic swing was @ 5298 (NIFTY managed to close above this level & closed @ 5312)
    4. Finally as we are in to downward phase (ie Full moon to no-moon), so NIFTY is building a base. """"from next Monday we will be in UPWARD phase""". Will NIFTY continue it side ways till this weekend (ie b/w 5240-5310 level)?

    ReplyDelete
  2. Ankit,

    Average your position when NIFTY is around 5245 level SL-5190 (closing basis)

    Don't worry @ all (as TREND is our friend) we will go beyond 5440 level within this month expiry

    ReplyDelete

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