Nifty - Trade Intraday

[paras_123]

expected range 6035 -6080, break out would be healthy

 

[paras_123]

in case, the low has not been breached at 5934.5 or 35 as i was discussing, we could see a pull back rally till, 58 - 60 levels, above which in case we cut the intial high, we could see 80 to be tested..,,, although momentum is just good enough to take it to 80 levels.
don't short now, i believe it would be a late entry.

 

[Shruti_SS]

Thanks :yahoo:

 

[paras_123]

as discussed yesterday, we tested 80 levels.
test of 38 is evitable in market today, below which market should collapse and test 6000 levels

 

[paras_123]

Stocks are showing strength, shorts can exit and sell further if current low is violated

 

[paras_123]

NF Futures - Buying was at 6000, again at 6020. Candle stick reversal stands at 6042
Add positions after we cut initial balance High, with a target of 6040 levels and above which we may test 6080 levels as of now. Closing above which we may enter into a bull mode.

 

[paras_123]

SBIN - long with 2153 as SL at a price 2158 with a target of 2165, 2170

 

[Purushotham]

SBIN - long with 2153 as SL at a price 2158 with a target of 2165, 2170

Is there any typo.. SL 2158????

 

[paras_123]

Yes, it was a typo.. SL SBIN hit at 2153....
Nifty all targets achieved for the day

 

[paras_123]

Not Sure, if open is higher than todays high tomorrow, as we did not close near the day's high.

Momentum may help it to test 6130 levels, and closing above 6080 and 6122 is a must for it to test all time highs.