Nifty trend

[josh1]

The market could not be kept below 5970 leave alone 5880. Somethings afoot...Mujhe to DAAL HI KAALI dikh rahi hai.

Market is closing lower for the last four days. So for a real up move, it should trade above 6066 which is 50 DMA and also the point from where it came down on Monday.

 

[praveen taneja]

Current Nifty Bearish...
08-12-2010
S1 : 5940, S2 - 5910,
R1 : 6010, R2 - 6040
One can buy nifty above 5960.

Bro NF is now in downtrend and some strength would come IF it trade above 5975 BUT 5980-6010 good supply zone:lol:

 

[Capricorn]

The market could not be kept below 5970 leave alone 5880. Somethings afoot...Mujhe to DAAL HI KAALI dikh rahi hai.

Lagta hai Santa aayega, arre singh nahi ...claus:rofl:

Levels for tomorrow..8-12-2010

S @ 5950 , 5880-5915, 5850

R @ 6010 , 6030, 6055 , 6108.

Trade well..

Headed for 5880 again ....second try today

 

[option fan]

Bro NF is now in downtrend and some strength would come IF it trade above 5975 BUT 5980-6010 good supply zone:lol:

I bought some calls today as expecting 5960.. wahan tak pahuncha... to s/l laga dunga PT BHAI

The market could not be kept below 5970 leave alone 5880. Somethings afoot...Mujhe to DAAL HI KAALI dikh rahi hai.

Lagta hai Santa aayega, arre singh nahi ...claus:rofl:

Levels for tomorrow..8-12-2010

S @ 5950 , 5880-5915, 5850

R @ 6010 , 6030, 6055 , 6108.

Trade well..

PERFECT 5880 !! great level .. thx

 

[Capricorn]

5880 still holding so no big down move yet.

S @ 5875-5880 , 5845 , 5795-5800

R @ 5910-5930 , 5950 , 5970 , 6000

If nifty can sustain 5950-60 we should see short covering.

Trade well .

 

[josh1]

5880 still holding so no big down move yet.

If nifty can sustain 5950-60 we should see short covering.

My study suggests the same thing. 5950 good resistance.

 

[Capricorn]

We all know where its going...

S @ 5750 , 5710 , 5660 , 5620

R @ 5800 , 5840 , 5880

Trade well.

 

[Capricorn]

Thats where the support is , so until then short away, look to buyaround 5100-5200 levels

Have a nice weekend

Just pulled up an old post. If we get there BUY

 

[saivenkat]

No intermediate reversals points you feel bro... My god.. 5100 is too far away..
IMO, 5635 is good lvl for bouncing.. if not then another 150 taken off from it..thats for sure..5400..

 

[Capricorn]

No intermediate reversals points you feel bro... My god.. 5100 is too far away..
IMO, 5635 is good lvl for bouncing.. if not then another 150 taken off from it..thats for sure..5400..

NO , I am not saying that ..5600 and 5450 are supports but in a panic stricken markets there are no supports...:lol:

Keep your fingers crossed.