Wednesday, October 21, 2009

Nifty

Today Nifty

Long only above  5125 for targets 5143, 5161, 5179, 5197
And
Short only below 5089 for targets 5071, 5054, 5036, 5018


[12.27] Nifty made double bottom at lower side on 5086 and also Nifty is not able to cross 50 SMA on higher side. some huge wild move is on cards breaking either of these condition.

[12.36] I am expecting one side move after [1.30PM], waiting to see on which direction

[1.22]  Nifty should break either 5128 or 5098 to give clear direction

[3.09]  as expected, nifty started to show one direction-short after  [1.30PM]

[3.37] Again today Nifty missed my short target 2 by 4 points and made a low at 5058 :(




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6 comments:

  1. Going in Short side and also achieved the first targer. U rocking Uma.

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  2. Moving towards Target2. Hopefully it will be achieved unilike past two days. All the best.

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  3. Just missed the target2 by 4 pts hopefully will make it in another 10 mins time :-D.

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  4. Yes Murali, this became habit for Nifty missing my target2 by 5 or 4 points :)

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  5. Hi Uma. I know your blog by Top10Shares. You have doing a Great Job. I am too from IT Industry, I am doing lot of mistakes while trading. Your words tell me something. Thanks for intimating my mistakes. May god bless you all success.thank you

    regards
    Chandru

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  6. Thanks Chandru for your feedback...I started this blog to share what i know and learned over these years. Keep visiting, spread and share your thoughts.

    ReplyDelete