Nifty : Real time discussions...!

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linkon7

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Applied to NIFTY based on last traded price on Wed, Nov 16, 2011
Call: Hold
Trend: UP

Target : 5470.05
Target Time Frame : 6 days

Fresh Entry: At price above 5166.55 (Only if No Sell call is issued)
Stop Loss: Triggered @ 5148.35
Previous day close: 5068.50
Current market price : 5005.65
Price Change : -1.24%(Rs 62.85)
How is it up on any chart / system....?
 
How is it up on any chart / system....?
Maybe someone believes that this down is accumulation for the forthcoming expiry. After all, as per TV, the FII have been net buyers in F&O in 8 of previous 9 sessions.


or maybe just shirshasan position :D
 

linkon7

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jpg image hosting.

My EOD chart gives a lot of importance to a close below the 5011 lvl...!

As of now...! My bias is to build defensive longs...!
 
My EOD chart gives a lot of importance to a close below the 5011 lvl...!

As of now...! My bias is to build defensive longs...!
Yesterday sharekhan's EOD report did say that some fresh long buildup was seen.
 
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