11/18/2009

NIFTY - 18th November 2009

TODAY

Two consecutive day closed above 5060 level, now NIFTY will kiss 5125-5140 level.

NIFTY SUPPORT@ 4955 & 4915 (Neo-platonic support)

91.1% vertical synthetic reversal point @ 5125

I am expecting a fall over 200 points in NIFTY by this friday or next monday & before expiry it will touch 4690 level(as we are completing 55weeks from the october'2008 low (2258))

BEFORE EXPIRY NIFTY WILL GO AROUND 4700-4500 level (if our previous high 5182 not taken out)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

TODAY SELL NIFTY AROUND 5100-5080 FOR A TARGET1-5060, TARGET2- 5035 keep SL-5130

TODAY BUY NIFTY AROUND 5027-5045 FOR A TARGET1-5060, TARGET2- 5085 keep SL-5000

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

NIFTY HARMONIC CHART
Using harmonic analysis, trend reversal may happen @ 38.2% level (that is by next week)

NIFTY GANN'S CHART

NIFTY SWING CHART

NIFTY NEO-PLATONIC RETRACEMENT LEVELS

NIFTY PIVOT TABLE

2 comments:

  1. Trades triggered using the system mentioned at http://intraday.weebly.com

    Buy Triggered for Maruti. Target achieved.
    Buy Triggered for Ranbaxy. Target achieved.
    Buy Triggered for IndiaInfo. Target achieved.
    Buy Triggered for IRB. Target achieved.
    Sell Triggered for Sun Pharma. Target achieved.
    Buy Triggered for TataSteel. Target achieved.
    Buy Triggered for TATAMotors. Target achieved.
    Buy Triggered for Maruti. Target achieved.
    Sell Triggered for EDUCOMP. Target achieved.


    http://intraday.weebly.com

    ReplyDelete

DISCLAIMER

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