Dhanvarsha crucial Nifty Futures Levels and market Out look

Only one candle/trade  can reverse the trend of market ...

Today's Nifty futures levels.

<4736><4834><4880><4938><4975><5011><5034>

Please read instructions before placing your trade order .

http://dhanvarshagrp.blogspot.com/2010/01/how-to-trade-on-my-calls.html

Gap down opening of 1 % and more is expected with extremely bearish sentiments and  volatile session ahead  ...weekly inflation data failed to attract investors ... traders are in fear ... in such condition go for stock specific trades ...only intraday trades ...market has taken a breakdown  after 8 sessions range trades as it was expected and posted yesterday and day before yesterday   . ..expected Fib levels on daily nifty chart 

have a look what was there ...

"market is looking good as per valuation ...FIIs were net buyers in index and stock futures indicating that they will try to  lift market up side  to protect  their long positions...5014 will work as support level once it will break next is at 4985...below 4985 bears will celebrate their victory ... "

 

                 ...play with strict stoploss...and as per current intraday trend...

FIIs traded as usual  on 18 Aug 11...

Oi data is showing that short covering is seen in puts  ..and addition in calls on 18 Aug 11

  

Never trade without stop loss order.

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