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Thursday, March 27, 2014

BE CAUTIOUS NEAR 6698NS LEVELS

6590 IS 5 DEMA AND

6320 IS 55DEMA

tomorrow 5 dema may be near 6615ns levels as i am expecting ns to 

test 6695-98 range tomorrow and that 

6615ns may be critical level for bears or bulls

tomorrow nifty is buy on all dips near 6626-16 range for trgts near 6695 


and sell on all upmove near 6695


keep sl near 20 pts either side



i guess tomorrow this upmove may terminate and bulls may take a 


pause for while to enter again at some lower 

levels

nifty may correct towards 6350(my actual number is 6335ns) which may 


be near to developing 55dema in daily 

charts and also trgt price of bearish WW pattern

time taken may be 8-10 trading session(near 8th april)

from there again an upmove may start for 7000 near levels near to 16th


 may


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