Category Archives: Market
So far Nifty has protected previous pivotal low of 5835, indicating bulls are still active. If Bulls could protect protect last week’s low of 5854, this very trend-line will be valid (watch chart) and once again bias would be turned … Continue reading
Nifty Protected trendline so far. Today Buy Nifty @ current level 5920 (+/- 10 Points) for the targets of 5940/5960. SL 5890. All levels are as per futures. (Strictly Intraday)
Last week Nifty closed below important level of 5940, thus Bias has turned negative. But whether its a breakdown, confirmation required for that. In weekly charts Nifty closed exactly @ trendline (watch chart). I would like to observe very levels … Continue reading
Nifty took support exactly in the trend-line, hence protected the level of 5950. So guys today buy around Buy for intraday around 5970 with strict SL of 5940 for the targets of 6000 & 6020. Strictly Intraday.
On 04th Feb Nifty closed below the Magic Number of 6000 after a long time. Buy on Dips strategy definitely could not worked yesterday, which otherwise given us ample opportunity for several weeks. I said earlier in my previous posts … Continue reading
So we have witnessed one more expiry for the month of January 2013. Needless to say during this entire month Nifty was within a narrow range of 2%, which makes another example of ‘Nightmare for Traders’. These type of choppiness … Continue reading
Despite carnage of Midcap shares, Nifty has not only protected the 6000 level but also closed near its weekly high. Hope Bulls have gained again & again around 6000 level for the target of 6040 & 6070.
MHO Buy on dips strategy for intraday worked well today.
As told earlier, Nifty has achieved my Target of 6070 easily making a weekly high of 6096. So we are merely 100 points away from our immediate Target of 6200 or even 220 odd points from its lifetime high of … Continue reading
On 31 Dec 12 & again on 01 Jan 13 I have written here that 6000, 6200 & 6350 are the strongest resistance area, and each and every time bulls will be trying to concur this area, Supply could be … Continue reading