nifty calls

Magnet Calls For Wednesday

mkt has made a tripple bottom at 4440.
is correction is over, look like yes, but i persanally will wait for clear trend
mkt. is searching the clear trend.
now if any day mkt. closes above 4570, then medium term tgt is 4820
and any day it closes below 4500 then short term tgt wud be 4440
and if any day breaks 4423 then then tgt is 4310

charts and volumes r saying correction is over,
30 min, 60 mi technichian says its over, but i will still wait.
so better not to trade for 1 day.

warm regards
magnet man
 

rkkarnani

Well-Known Member
Have shorted nifty at 4331 with 4351 as SL and expect a target of 4251 today itself.
Would exit short at close, as have taken this as Intraday position. First target is 4295.
 
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I have missed a lot of opportunity today,because of my office.....
 
as said sell every rally,it happened
same view sell if rally, sell below 4423 for the tgt of 4310 in few days.
mkt. is in correction mode .
who understand elliot theory for them we r in
channel 3617 > fifth wave's> correction mode> a leg's relief rally.
tgt of leg a is 4310.

short if it rally 2 maro
above 4423
max it can go 4550 (but don't expect, it dosen't have that much strenth)

and if we achieve 4310 on any day please buy nifty with the sl of 4294
for the tgt of 4450.

warm regards
magnet man

back !!!!!!!! (return of jewel theif)

was little bit busy, haven't posted.

have u noted something
i said at a level of 4440 that on upside mkt. will face stiff res at the level of 4550and it will come to 4310, and yesterday low was 4320.
i also said that one can buy at 4310 for the tgt of 4450and today high was 4428.

its all gone bang bang

hope u have minted some money

warm regards
magnet man
 

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