(8-3-2011)
Tuesday
“Always is a first-rate version of yourself, instead of a second-rate version of somebody else.”
Levels in Advance
Support of Short Term 5195- 5235
(Suppose, NF is not closing below this support… Then 5633-5705 Targets)
(Suppose to break it …GOD can save NIFTY 4899-4500 before test these Numbers…!)
Therefore, this month of Targets of Nifty is the 5633-5705
(NIFTY must be close 5430 above for above targets).
Yesterday, movement of NF is very unsafe, but we are still bearish for targets 5312-5229
We will keep our Short position for targets 5312-5229 as positional if not crossing 5450 (therefore, Stop loss is our Sold level 5455)
Performance of Monday:
NIFTY High 5500 and Touched with low to target 5400 (Selling below 5492 and enjoyed) and Our Positional Call on Friday Sell 5548-5562
What for Today…?
Yes, NF can face hurdle 5514-5538 cause of volatile moving
Just, Watch 5455
Suppose to break it, then 5413-5392 easily (Buying may possible)
(After breaking 5390…then freefall to direct targets 5312-5229 positional)
I will update live what to do with NF as per above mentioned levels…!
Lock
Please log in to read the entire text. If you don’t have a login yet, please subscribe now to get access.
Get free important share market ideas on stocks & nifty tips chart setups, analysis for the upcoming session, and more by joining the below link: Stock Tips
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
