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Monday, July 23, 2012

nifty 30min 10 day charts


supp..... 5184-5160..buy all dips in 5167-5180 ns levels with sl below 5145
res .....5213-5235..sell on rise in 5125-30 range with sl abv 5151


if on monday ns could not break above 5213 then will become very bearish and may trgt below 5000 this week

Monday, July 16, 2012

tomorrow buy nifty on all dips near 5175-80 range with sl below 5145 trgts abv 5330ns

expecting  a straight run towards 5330 if ns does not break below 5175ns... till thursday...

abv 5330-50 ns may move swiftly towards 5430

weakness will be seen only if ns closes below 5145

expecting strong volatility in coming days till expiry

more days will be abv 80 point intraday range in nifty

HAPPY TRADING DAYS AHEAD

Tuesday, July 10, 2012

as per chart patterns i have two probabilities of trading in nifty tomorrow
1. may open gap up with positive bias then may face stiff res in 5371-79 range where shorts can be created with sl abv 5411ns..for trgts 5309-5275
2.if opens with negative bias may open near 5325 then may face stiff res again at todays high near 5348ns and may tradr in 5348-5278 range with close near 5320-10 range