Yesterday mentioned,
Above 4999 will take up to 5054-5110 (Nfty crossed even 5110 & kissed 5150)
Falling-wedge target given as 5130 (Nifty crossed & kissed 5150)
Also mentioned, " Be careful in shorts", see what happened(160 points UP move in a single session)?
What else you want? To be a successful trader - "Trade only with Synthetic & Neo-platonic retracement levels"
Today's view
If crosses yesterday's high 5150 then NIFTY will kiss will take up to 5182-5208 level in minutes
If 5099 breaks level then panic selling will take up to 5054
U-turn level(long-term)@ 5155 (monthly & weekly close above this is highly BULLISH)
Watch 5208 level, it is synthetic U-TURN level for the existing UP move
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TODAY SELL NIFTY AROUND 5188-5232 FOR A TARGET1-5144, TARGET2- 5099 keep SL-5240
TODAY BUY NIFTY AROUND 5055-5100 FOR A TARGET1-5144, TARGET2- 5208 keep SL-5040
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NIFTY SYNTHETIC(LONG-TERM) CHART
NIFTY SYNTHETIC(SHORT-TERM) CHART
NIFTY TREND CHART
NIFTY PIVOT TABLE
BALA said...
ReplyDeleteSir,
Congratulations.Please like nifty ,if you post for Bank nifty,IT will also usefull. Yur analysis are superb.Any formula is there for calculating the neo .. level Pl .let us know your mail ID
Thanks
24 December 2009 06:41
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Please refer my 9th Nov post
ReplyDelete