Yes i entred in 4800 CE again @ around 138 and will hold the position only i we get a carry thru tomaro and the only thing daily nf chart is making a downward stepping so if tomaro a Gdown below 4812 will make me exit am also holding shot position of 3mini @ 4846 so nothing to be afraid of beause if gap down so mini will save the day and if Gap up so calls will help me the reason of me going long is we saw a somewhat similar double bottom formation on december and what happned a sudden rally and i feel somewhat similar condition and on 4hourly hart we have a morning star bulish pattern whih gives a tgt of 4887-4927-4968 maxx and if closes above 4950 as every body knows is a brkout and then blah blah ..... will be the tgts
i am nither bulish nor bearish over mkt i am just neutral with slightly positive bais but strict sl of 4812
have a great evening to all and lets meet tomaro till than enjoye the time
I would expect bnf to touch 9250 lvls tomorrow.. before making further upmove if any.. bnf under one hr TF has made a crossover under 315 strategy.. ( i use i hr tf for swing calls) ..
i would expect bnf to touch 9250 lvls tomorrow.. Before making further upmove if any.. Bnf under one hr tf has made a crossover under 315 strategy.. ( i use i hr tf for swing calls) ..
Tomorrow Spot nifty will gain strength above 4865 which is TL res. and Sup. comes at 4765
Asia over sold temerity expect bounce of 3 to 5 % soon.
05-06-2012 PIVOT LEVELS
i feel mkt will come upto 4828 first and then may or maynot resunme its up move so i am holding shorts of yesterday and booked all longs calls
till then
Buy Coal India @ CMP 321.5, SL 317, Target 328 cash lvls trade as per ur comfort