Nifty - Trade Intraday

[paras_123]

5900, we have a very strong resistance, it would be tough for it to go beyond it.
4 day Vwap at 5898, Fib retrace at 5902, Intraday Resis 5900,...
, ... so let it go above it and trade with volume would make sense for a buying trigger.

Else Selling would be a nice way to make some money here.
16 to 18 points profit target would be nice...

trading below 5867, is a bear trade zone area. Go short below it.

 

[paras_123]

selng here at 74

 

[paras_123]

5860, stands for support, after that 850 level, upper side, move will be above 900....
clearing 900 would turn out to be a selling in case RBI does not cut CRR.

Buying has to be cheaper. so market may be near a buying zone or selling zone if trading above 890, before we hear the reazlity about rate cut

 

[timepass]

5860, stands for support, after that 5850 level, upper side, move will be above 5900....
clearing 5900 would turn out to be a selling in case RBI does not cut CRR.

Buying has to be cheaper. so market may be near a buying zone or selling zone if trading above 890, before we hear the reazlity about rate cut

Paras, a request. Please write the full figure instead of SMS like figures e.g. 5850 instead of 850. You will get better viewership that way and comments too.

 

[paras_123]

Nifty, we have not missed much Targets.
If you see, all the past records.
TimePass, What is your view, in Nifty?

 

[timepass]

Nifty, we have not missed much Targets.
If you see, all the past records.
TimePass, What is your view, in Nifty?

No view today because of RBI policy, but in short term I don't see much downside. I don't see 5800 being broken on a closing basis. I think that we will go higher in December.

 

[paras_123]

No view today because of RBI policy, but in short term I don't see much downside. I don't see 5800 being broken on a closing basis. I think that we will go higher in December.

currently Bull run swing above 5910 closing basis, today could be a buying opportunity.

if we cut 5860, selling further could be initiated
with lower targets 5850 and 5835.

 

[paras_123]

was short at 75 covering here at 40.
morning itself selling signals.

 

[paras_123]

5810 crucial here

 

[paras_123]

yesterday was a test for 5908 or 5910.
yesterday was an O/S day,
We are close to a bull swing placed at 5910.
if today we close above 5910, we may be testing of 6000, in a short term

5950 we have a very strong resistance placed for today.
selling should be initiated , once we cut 5900, a possible test of 5880