Dhanvarsha crucial Nifty Futures Levels and market Out look for 23 Aug 11

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

Today's Nifty futures levels.

4856 ><4882 >< 4910><4935><4962><4994><5031 >

        

we are looking for 5000/-

Please read instructions before placing your trade order .

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

Flat to slightly positive opening is expected with volatile session ahead ... traders are still  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 ...daily Nifty eod  chart confirmed trend reversal ...we posted this ..

Bullish engulfing candle in highly oversold zone after spinning top  confirmed trend reversal...is it pull back / relief rally or it is complete reversal...we will see it but it is there as it was predicted and posted well in advance at  ...http://dhanvarshagrp.blogspot.com/2011/08/dhanvarsha-crucial-nifty-futures-levels_22.html

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

FIIs were net sellers in equities and Index futures and buyers in stock  futures on 22 Aug 11...

Oi data is showing that short covering is seen in calls above 5,5 k level and addition in calls at 5000 to 5100  ...puts added  at 4900 on 22 Aug 11 ...as per table pivot is at  4900 ..

  

Never trade without stop loss order.

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