Friday, July 8, 2011

Dhanvarsha crucial Nifty Futures Levels

Today's levels..

<<<5564>>><<<5601>>><<<5657>>><<<5701>>><<<5744>>><<<5784>>><<<5823>>>

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 Positive to gap up opening is expected with highly volatile session , .FIIs  were net buyers in equities   , options , Index futures  on 07 July   ... stock specific moves will be there..daily nifty chart is showing that Nifty  is at crucial point ... and bank nifty is looking at its top ..it is also closed below 200 DMA..so keep watch on banking sector and reliance too..



 markets move on many factors like fear. greed,panic, news, technical views, experts advise and finally the trend ...trend is supreme, it  is like a storm or tsunami.. so ride on trend and enjoy the sailing ...
never try to lead the herd ...or try to pick bottom or top ..be a follower..
I have experienced many traders who checked move first and when market was going in opposite direction they entered..in trade and booked loss finally..
play wid stop loss orders..
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