9/22/2009

NIFTY

11:45AM
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AS CHINA BROKEN CRUCIAL SUPPORT 2934 LEVEL, PANIC SELLING WILL TAKE UP TO 2854-2827(NOT RULED OUT)

EXPECT THE UNEXPECTED, NIFTY MAY KISS 4890 LEVEL TODAY(LEVELS TO WATCH 4990 & 4945)
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AS MENTIONED ON FRIDAY 5003 LEVEL WILL ACT AS LAKSHMAN REKHA.ONCE CROSSES 5003 LEVEL THEN NON STOP RALLY TILL 5040 LEVEL. BEYOND THAT WILL REACH 5078-5096(WEEKLY-BREAKOUT) LEVEL.

MAXIMUM IT CAN STRETCH UP TO 5216(+/- 50 POINTS).

ON THE DOWN SIDE IF 4950 BREAKS WITH VOLUME THEN NON-STOP SLIDE TILL 4910 LEVEL. BELOW 4910 WILL TAKE UP TO 4877-4856(WEEKLY BREAKOUT) LEVEL.

IF SEPTEMBER MONTHLY CLOSE BELOW 4900 LEVEL OR IN OCTOBER 4900 BREAKS THEN ?????
GO SHORT AROUND 4900 LEVEL WITH SL 4950 & SQUARE OF YOUR POSITION ON OCTOBER EXPIRY OR RISKY TRADERS CAN HOLD TILL NOVEMBER EXPIRY.

TODAY SELL NIFTY AROUND 5000-4990 LEVEL TARGET-4975 & 4955 keep SL-5015

TODAY BUY NIFTY AROUND 4950-4960 LEVEL TARGET-4975 & 4995 keep SL-4930


NIFTY GANN CHART

NIFTY TREND CHART

NIFTY TREND1 CHART

NIFTY MONTHLY CHART

NIFTY WEEKLY CHART

NIFTY SWING CHART

NIFTY PIVOT TABLE

Posted by Kumaraguru at 00:00

1 comment:

  1. Kp22 September 2009 at 01:52

    Dear guru,
    i think Buy & Sell (in today`s strategy) is interchanged (words only, level correct)...

    Regards..

    ReplyDelete

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