10/01/2009

NIFTY

BEFORE CROSSING 5120LEVEL,NIFTY WILL DO A CORRECTION TILL 5040-5050 LEVEL(COVER ALL YOUR SHORTS NEAR THAT LEVEL & INITIATE LONG NEAR THAT LEVELS WITH SL-5000).

FOR ALL LONGS SL-5000 .................. SAFE SHORT BELOW 5000 LEVEL ONLY

EXPECT MAJOR FALL FROM 19OCT09 ONLY(A WILD GUESS USING THE RISING WEDGE LEVELS)

TODAY
BUY NIFTY AROUND 5040-5050 FOR A TARGET1-5080, TARGET2: 5110 keep SL-5025
SELL NIFTY AROUND 5110-5120 FOR A TARGET1-5080, TARGET2: 5060 keep SL-5140

RISING WEDGE CHART

NIFTY TREND CHART

NIFTY SWING CHART

NIFTY GANN'S CHART

NIFTY MONTHLY CHART

NIFTY PIVOT TABLE

Posted by Kumaraguru at 00:05

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All the content mentioned in this blog is my personal journal and should not be taken as a trading advice. Please use the content purely for learning purposes. I may or may not be holding any positions in the stocks/contracts under discussion. I will not be responsible for your profits or losses