Time To Stick My Neck Out "Nifty 5000"

[uasish]

Now 3782.70 ,3780 level surviving almost an hour now.

 

[uasish]

Hi,
Atleast 5 times Nifty Fut today in 1 min chart of PIB has taken support at 3775,now 3780.25, still 3780 is difficult to break.Covering 50 % here.

Asish

 

[uasish]

Hi,
Covered balance all shorts @ 3760.00.

Asish

 

[uasish]

Hi,
Closing at 3767.00 is bearish.To-morrow being derivative closing & i expect another max 40 - 45 points downside ,after studying EOD chart may take further position but not taking anything overnight.

Asish

 

[uasish]

Hi,
If fall not arrested by Friday,then panic will set in .Tommorrow may fall,closing
above 3753.90 is desired.Downside breaking 3744.50 may get support at 3701.50 but
3659.05 should not break for Nifty Fut for medium term uptrend to be intact.Friday
closing above 3865 will set very bullish scenario,personally feel a bounce on Friday.
Tommorrow's roll over ,short covering ,April series PCR etc has to be analysed .Level's:

3877.00 / 3830.00 / 3791.30 / 3753.90 / 3744.50 / 3701.50 / 3682.75 / 3659.05

Asish

 

[soody]

Fridays closing below 3670 is dangareous

 

[subratabera]

Here is some data which can be useful for your analysis...After watching this file you will notice that market will bounce back soon...

Subrata Bera.

 

[uasish]

Hi,
So Mkt bounced back to-day itself ,instead of Friday.My Nifty Fut Short covered on 3.00 pm yesterday ,now seems to be a prudent decision.It did not even break our 1st Supp at 3753.90.So far so good let us get the EOD data.

Asdish

 

[uasish]

Hi,
Watch out for Res of Nifty Fut @ 3830.00 .

Asish

 

[uasish]

Hi,
Discontinuing this thread from my side on regular basis,due to personal reason.Gr8 if somebody continues.

Asish