Reliance bounced back from DMA200 and MACD histogram turn RED
Breaking News….
Book profit, Bookprofit,Book Profit…. in all......
I got this on web ...
Dhanvarsha Nifty Futures Crucial levels

<<<5891>>><<<<5918>>><<<5945>>>><<<5961>>><<<5988>>><<<6011>>><<<6041>>><<<6068>>>

<<<5891>>><<<<5918>>><<<5945>>>><<<5961>>><<<5988>>><<<6011>>><<<6041>>><<<6068>>>
Expecting a flat to positive opening with bearish mood ....overbought zone is there on day chart , put call ratio which is showing above 1. 1 and next is Elliott's wave made a decent pattern ...Yesterday we saw that 4 bear attempts were bounced by previous day close price barrier
...cci is indicating that market started pulling back . ...upside momentum is somewhat reduced on momentum indicator ... all indicators are indicating that market is trading at the overbought zone .. RSI is trading well above 70 ...MACD histogram is trading flat and not moving up with market .. please have a look ...
after completion of fib's 13 sessions of up move ...we saw a sell-off in market which will continue further ...
It is highly recommended that book your profits at each swing high...and try to enter in stocks which are available at oversold zones ...
Trade according to the TREND ...
Do not oppose the storm, it will trouble you....
Do not risk your hard earned money...
Blindly pouring your money in market place will not reap you rewards...
Have a profitable day ...
Please read Elliott waves formation and fib ratios for better understanding of markets... u can ask me for free e-books on the subjects.
Please note .....go for gains and not behind the scrips ...and for the gains you must have to plan your trades , before clicking the entry order ... you must have to decide that are you entering in correct stock ?
Please read the instructions, carefully before placing your trade order for nice gains by clicking this link.
Many friends are not able to understand my concept.. coz i am not asking them to buy above and sell below as per the present tradition ...so my answer for them is... think zara hat ke...come out from old pattern of 19th century, we are in 21st century so how long we will or you will follow the same old principles...Every day I am proving that my concept is practical and workable ..you just have to see where is the current market price ...and story finish ..
levels below the CMP in the hold of Bulls and they will care for it, till their last breath and levels above CMP will be in the control of Bears ...and they will be there to protect the particular level ...
Now you can imagine easily if forces are there to save the level.... is it simple or easy to penetrate it? ???
Obviously the answer will be No ...
so How the level will break now ...?
to break upper level say roof / resistance/Bear grip what will be needed ....buying pressure with volumes ..which will be generated by good news ..
and for breaking the lower level /support /Bull grip.... need is only of bad news, due to that all lower levels will break rapidly .... will create panic in bulls , bear will start celebrating their victory ... benefited by bad news ...and the stream will be continue ....
To avail gains on every trade please subscribe for Dhanvarsha Tips / advisory services( premium ) ..
Stocks ...Nifty ...futures / options...
solution is here ...
e mail : kailash123p@yahoo.co.in
contact : 9451659275,9452160309

so How the level will break now ...?
to break upper level say roof / resistance/Bear grip what will be needed ....buying pressure with volumes ..which will be generated by good news ..
and for breaking the lower level /support /Bull grip.... need is only of bad news, due to that all lower levels will break rapidly .... will create panic in bulls , bear will start celebrating their victory ... benefited by bad news ...and the stream will be continue ....

Stocks ...Nifty ...futures / options...
solution is here ...
e mail : kailash123p@yahoo.co.in
contact : 9451659275,9452160309

Employees of state-run Neyveli Lignite (NLC) have struck work against the 5 percent divestment proposal of the company. However, the company is hopeful of the strike being called off in a day or two. The proposal for disinvestment of NLC's equity has not gone well with employees who believe in preserving the public sector character of the mining and power generation company.
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