Time To Stick My Neck Out "Nifty 5000"

[uasish]

Mkt humbeled me.

 

[uasish]

Mkt closed (unadjusted) wee bit below the Supp Level,let us see what EOD Data reveals.

 

[Czar]

actually at 2:30 market & RIL were showing clear divergence, infact I shorted RIL at 2:55 , what was your criteria for holding longs, if I may know ?

 

[uasish]

Sorry could not get your query,my criteria for holding any long ? or for RIL ?
1)1st ly i trade on EOD Data signals,watch intraday data to get a confirmation of EOD only.
2)I have not seen recent RIL charts.

 

[Czar]

oh sir, i seriously recommend a live chart program with your knowledge...

no i was just talking that nifty was showing divergence in 5 min chart & was a clear sell..

 

[uasish]

I am not qualified for Intraday,still will always love to have a chat with respected senior member of your stature.

 

[Czar]

huh, stature, dint get that ? no i presumed the way you give intraday call you would be using some live charts... i am an ant compared to you sir, just basics.

 

[uasish]

Nifty Fut:
Res= 4117.90 / 4142.65
Decider: 4111.60
Supp= 4089 / 4070.90 / 4065.85 (Strong)

 

[uasish]

As i could not trade to-day except liquidating my leveraged Longs in Profit,i faced a strange situation to-day.Due to compelling preoccupation i could not see any chart & was completely unprepeared to face mkt (without my pre mkt preperation Excell sheet).
From to-night i will try to post my Nifty Fut level's every day in this thread.

 

[uasish]

Nifty Fut :
Res := 4270.40 / 4237.95 / 4266.60 ;
Pivot := 4152.85 ;
Supp := 4188.36 / 4154.85 / 4104.05