Bulls, Bears & The Lion

[findvikas]

H&S is 15 min ... NF target 4910

 

[findvikas]

closed all 4700PE @ 41 and moved to 5000PE @ 122

 

[rrmhatre72]

200DMA is at 5002 so bears will try again to close below 5000 while bulls try to pull it up.. may be we close flat or slightly green near 5010

Too good Vikas.
Nifty close on 5009.:thumb:
Will 200DMA act as support for tomorrow?

 

[praveen taneja]

Too good Vikas.
Nifty close on 5009.:thumb:
Will 200DMA act as support for tomorrow?

In Bull mkt there is no meaning of Resistence
In Bear mkt there is no meaning of support
Praveen Taneja
( Auth Signatury)
Tukka Maaru Association

 

[findvikas]

Settlement came just below 200DMA @ 5000.30... I dont think 5000 will hold it this time... only support available is at 4940-4960 now and below that major support is at 4725-4740 zone. I think we test 4910 before Friday

 

[praveen taneja]

My tgt is still 4800 dont know why?????????

 

[findvikas]

4940 is just support thing... my target is open below 4960 and I will stay short and short all rallies until 5070 is broken on the upside for this week.

 

[findvikas]

BREAKING NEWS: BP made a new all time low @ 30.13... 2008 low was near 33 and it never went this low in past 12 year data that I have. Euro should have a negative impact due to this.


Intraday down nearly 14%

 

[aditya14]

we will consolidate a few days between 4900 and 5100 but plenty of action in stocks.Iam keeping rarely overnight this month and its paying me well, too risky to hold overnight.

 

[aditya14]

iam bullish on stocks for next couple of days now a technical bounce is warranted.