Dhanvarsha crucial Nifty Futures Levels and market Out look for 22 Aug 11

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

Today's Nifty futures levels.

4754 ><4801 >< 4839><4891><4951><4993 >

Please read instructions before placing your trade order .

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

Relief / pull back rally can not be ruled out from here ...

Flat to slightly positive opening is expected with volatile session ahead ... traders are in confusion  ...charts are trading at crucial levels..upside is looking gud for bulls and down side will  help bears on charts ..in such condition go for stock specific trades ...only intraday trades ...Nifty weekly  chart is showing that if demand and supply  will equalize here Nifty will trade in new range...

FIIs were net sellers in equities and stock futures and buyers in index futures on 19 Aug 11...FIIS covered their shorts on Friday indicate that they are not looking for more fall in market ..

Oi data is showing that short covering is seen in puts above 5k level and addition below 4700   .. addition in calls at 5000 and above on 19 Aug 11 ...as per table pivot is at  4850 ..

  

Never trade without stop loss order.

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