Tuesday, March 22, 2011

Nifty


Nifty
Long only above 5424 for sure target 5435 other targets are 5457 (T1), 5475 (T2), 5503 (T3), stoploss is 5388
And
Short only below 5380 for sure target 5369 other targets are 5347 (T1), 5329 (T2), 5301 (T3), stoploss is 5416

Note: T1,T2 are also possible reversal point.


[9.18] Today Nifty range is between 5435 - 5351

[9.26] I am still positive on Nifty target 5604

[11.27] Nifty Long reached sure target (5435) currently at 5446, which is 10 points less than my target 1 :) and also crossed my morning range 5435 :), now as per me SHORTING IS SIN

[1.37] I am still holding my Nifty Long (Patience) :)

[2.56] Moved my long stoploss to 5408

[2.57] Expecting a close above 5435, if it happens i will carry forward my nifty long for tomorrow.

[3.21] intraday trader who dont want to take risk can exit @ 5435 :)

[3.22] Nifty Long made 11 points profit :)


[3.29] Nifty closing above 5435 , i am carrying my nifty long home :)


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