Archive for June, 2015

29
Jun
15

Nifty moved as told in last mail

as told Nifty will move 200 point below or above 8425  its proved good nifty slid 200 points and covered. Its all God’s grace only.  Now 8333 is trend decider, watch mentioned level

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26
Jun
15

as mentioned Nifty will move 150 points either side from 8327

just check Nifty once break 8327 managed to scale up 100 plus points as mentioned (tried 2-3 times to break below 8327 but could not). now 8425 is trend decider buy above and sell below we may get 100-200 points move.

22
Jun
15

nifty advised to go long with stop loss of @7930 Now we can book profit

nifty advised to go long with stop loss of @7930 Now we can book profit  with view of 8327 as trend decider. from here Nifty can move 150 points either side.

12
Jun
15

Nifty follow up

Nifty is mentioned could not managed to hold higher levels and fall. now 7927 is good support for Nifty which may work as trend decider also. Nifty may rest at mentioned level in spite of Greece chances of default. monsoon trouble. weak growth. china buy India sell ( strategy adopted by FIIS ). IF NIFTY MANAGED TO HOLD MENTIONED LEVEL may move up for some time. break below may open lower levels.

11
Jun
15

nifty WATCH : 8191-8224 IS GOOD RESISTANCE bank NIFTY : 17800 is good resistance

Recovery started on June 9 may last for 2.5 days, normally recovery period is of 1.5 days.  Nifty 8194-8224 is good hurdle. there should be a strong news to back bulls to breach mentioned level. if break will again face resistance at 8327-67 zone.

hence be with the trend if mentioned levels are not breached.

Disclaimer: these views are for education purpose only for self study.

04
Jun
15

Nifty and time theory

Nifty INDIA could not breach 8500 level and selling emerged, with target of 7960 – 7920.  Now this can be achieved by June 5 and same level is maintained and hold Nifty has potential to jump back to 8700 level in next 10-12 days. sharp decline can be followed by sharp recovery also. as at this time, al are in opinion that recovery will be very slow. but if we buy action reaction theory, than Nifty should bounce back at a good speed. 2nd reason is at this time volumes are also low, hence its easy to drive anywhere to any level. another reason is pull back can be the reaction of solution to Greece payment default.

Disclaimer: its an observation for self study only. pl don’t trade on mentioned idea. it can be wrong. consult your own financial advisory.




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