Thursday, March 24, 2011

Nifty


Nifty
Long only above 5538 for sure target 5550 other targets are 5562 (T1), 5580 (T2), 5606 (T3), stoploss is 5501
And
Short only below 5494 for sure target 5482 other targets are 5470 (T1), 5452 (T2), 5426 (T3), stoploss is 5531

Note: T1,T2 are also possible reversal point.

[9.16] Today Nifty range is 5583 - 5471, breaking either of this level will show strength

[9.49] Will nifty cross today high ?? ( i doubt)

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4 comments:

  1. GANESH PLMarch 24, 2011 at 10:12 AM

    morning nifty crossed 5538 and come back from that level, its in buy mode?...

    ReplyDelete
  2. GANESH PLMarch 24, 2011 at 11:30 AM

    NIFTY STRUGGLING AROUND NF 5535 RANGE, any update for trade entry....Thanks.

    ReplyDelete
  3. NiftyreportMarch 24, 2011 at 12:59 PM

    Hello Ganesh,

    Sorry from morning i was struck in a meeting, as i told at [9.49] Nifty made high, as per me it is a no short or long area, lets wait for confirmation, if you are short keep day high as SL

    ReplyDelete
  4. GANESH PLMarch 24, 2011 at 1:41 PM

    Thanks for update...

    ReplyDelete

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