Nifty outlook and trading levels for 19 Oct 12

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kailash123p@yahoo.co.in


Today is Friday ...every one likes to carry cash at home at week end .
FIIs and DIIs were in sell mode yesterday ..
http://www.dhanvarsha.in/2012/10/fiis-were-net-sellers-on-18-oct-12.html
every one was bearish but market shoot up like rocket and forced traders to cover their short positions and it seems that now big players are ready for today's game.
as per eod ....

5720 is still in bears grip
looking like head and shoulder pattern .not moving above neck line .
100-300 point correction may be there if h/s pattern will work

Negative  to gap down opening of 0.3 to 0.4  % is expected with extremely volatile session ahead .Nifty is gud to buy only if it will sustain above 5720 on spot ... other wise sell on rise .already shared views on it on 14 Oct 12
http://www.dhanvarsha.in/2012/10/nifty-weekly-prediction-for-week-ending.html
5800 is very strong resistance and 5600 is support as per OI table 5700 is crucial for both bulls and bears and both are busy in retaining it ...tug of war is going on  here bears are looking gud , see height of 5800 ce ....

Trade in Nifty futures as per these levels 

Buy at / above: 5742   Targets: 5758 - 5776 - 5799
Stoploss : 5724
Sell at / below: 5724  Targets: 5706- 5686 - 5664 - 5642
Stoploss : 5742

Khatta meetha ....


Munna (10/18/2012 9:20:22 AM): sold at 123.15
Munna (10/18/2012 9:20:27 AM): one lot
kailash123p@yahoo.co.in (10/18/2012 9:22:22 AM): ok 
Munna (10/18/2012 9:22:44 AM): 122.40 exit kar di bhai 
Munna (10/18/2012 9:23:12 AM): .65 point profit wow in few seconds
kailash123p@yahoo.co.in (10/18/2012 9:23:25 AM): paisa men bolo
kailash123p@yahoo.co.in (10/18/2012 9:23:33 AM): 2600 na
Munna (10/18/2012 9:23:39 AM): 2600
Munna (10/18/2012 9:23:41 AM): bhai 
Munna (10/18/2012 1:36:22 PM): ktkt sold bhai at 129.50 sl placed 130

kailash123p@yahoo.co.in (10/18/2012 1:40:57 PM): book at 129 sell at high 
Munna (10/18/2012 1:41:01 PM): ok
Munna (10/18/2012 1:41:02 PM): bhai 
kailash123p@yahoo.co.in (10/18/2012 1:41:12 PM): 2000 aayega
Munna (10/18/2012 1:41:45 PM): 129 buy order placed
kailash123p@yahoo.co.in (10/18/2012 1:43:36 PM): late kiya na
Munna (10/18/2012 1:43:43 PM): yes bhai 
Munna (10/18/2012 1:46:30 PM): ktk fall started 
Munna (10/18/2012 1:46:46 PM): yes bad luck me exited at 129
Munna (10/18/2012 1:47:02 PM): high 129.90 cmp 128.55
Munna (10/18/2012 1:47:28 PM): yes bhai 
Munna (10/18/2012 1:47:56 PM): 4000 good enough for the day in one stock

Ishita Shah (10/18/2012 3:54:53 PM): Loss of 2600

Vinod Sharma (10/18/2012 3:31:36 PM): BA short @1765 and ktkbank pe 120 @ 1.4 both holding
Vinod Sharma (10/18/2012 3:31:40 PM): no earning today



we are holding ...

kailash123p@yahoo.co.in (10/18/2012 3:08:32 PM): buy and hold 5700 pe trading at 26.60 stbt nifty at 5740 41 
kailash123p@yahoo.co.in (10/18/2012 3:09:03 PM): market moved up only due to short covering