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Thursday, March 20, 2014

nifty views

was expecting nifty to test 6470 levels tomorrow

ns did a low near 6473 today only

charts indicating that till 12.30 tomorrow nifty may trade in 6470-60 range and 

6505-15 range ,may make a lower low below 6470 and then may start its upmove 

for 6590-6610 till monday

sl below 6440

where longs may be exited for 6360-80 range in next 5-6 trading sessions

sl abv 6644

buy 6500ce near 35-40 levels tomorrow (near 6470)for 80-110-140 this series only

also may buy 6500pe when nifty is near 6505-6510 range after opening as expecting nifty to dip towards 6470 once again be4 nifty start its upmove

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