NIFTY OUTLOOK AND TRADING LEVELS FOR 09 May 2013-Gann turn Date

Positive opening is expected with volatility ahead due to gann turning dates  9 to 11 May  ” May 3rd to 4th – watch stocks that make top around this date; 9th to 11th another important date when some stocks will make bottom and other stocks will make top. 22nd to 23rd and 29th to 31st – very important dates for change in trend; watch for stocks that will make top around this date ” so  trade wisely . Same Funda we will use today also …when  weakness will be spotted at higher level will go short on  scrips and when buying will be spotted  book gains. bole to sell on rise  book at low on finding weakness .. Market is trading at and  above threshold level . Candles are giving profit booking / reversal signals but market momentum is too high  which is forcing traders to cover their short positions and market is making new highs due to that . Such type of moves will not sustain for longer period and will be discarded by traders as and when they will get opportunity.

Trade in Nifty Futures as per these levels

Buy at / above: 6121   Targets: 6139 – 6159 – 6178 – 6198
Stoploss : 6098
Sell at / below: 6098   Targets: 6081 – 6062 – 6042 – 6025-5976
Stoploss : 6121

Nifty and Bank nifty ended making Hanging man . but major difference  is bank nifty is trading at pivot point where RSI  is trading above threshold level ..and macd  histogram is moving towards zero but nifty showing gr8 momentum  trading at double top level and maximum indicators are trading above threshold









See nifty eod chart with hanging man and possible double top if won’t  make a new high .

CHAT ROOM CALLS 

May 13, 09:13 AM

admin: keep sl at 6092 for stbt trades ….nf levels BUY at / above: 6084 Targets: 6110 – 6126 – 6144 – 6165 Stoploss : 6068 SELL at / below: 6068 Targets: 6051 – 6034 – 6014 – 5989-5972 Stoploss : 6084

8 May 13, 09:16 AM

admin: BUY 6k pe at 65 sl 57

8 May 13, 09:17 AM

admin: tgt 69 78 89



8 May 13, 09:19 AM

admin: SELL nifty below 6080 sl 6092 SELL on rise here also

8 May 13, 12:25 PM

Anil Shenoy: BUY nifty at and above 6041, SL 6024 and target 6055

8 May 13, 01:12 PM

admin: SELL nifty at and below 6072 sl 6082 tgt as mentioned

8 May 13, 01:32 PM

admin: 6052 tgt 1 done

8 May 13, 02:10 PM

Anil Shenoy: BUY nifty at and above 6061, SL 6043, target 6076

8 May 13, 03:20 PM

admin: stbt 6076 80

8 May 13, 03:29 PM

admin: SELL at top 6086



8 May 13, 09:20 AM

admin: 69 traded tgt 1 done enjoy DV….

8 May 13, 09:22 AM

admin: nifty gaining 10 on call 6059 BOOK little little

8 May 13, 09:23 AM

admin: BUY pe 6k at 70 sl 62 tgt 79 89





8 May 13, 09:24 AM

UMA: bot pe sir @69

8 May 13, 09:26 AM

admin: nifty is in bears grip reverse trade only if future will trade above 6072 SELL keep sl 6072

8 May 13, 09:26 AM

admin: same for pe

8 May 13, 09:26 AM

admin: BOOK little little and do many trades DV funda ….

8 May 13, 09:30 AM

admin: SELL bank nifty at 12590 600 sl 12710 tgt 12510 12455 415









8 May 13, 09:55 AM

admin: SELL rel infra at 399 400 sl 405 tgt 396 392 387  

see full chat at  http://clientsviews.blogspot.in/2013/05/chat-history-8-may-1117-am.html





8 May 13, 10:02 AM

admin: last 45 Mins increased volatility is indicating that a big move may be seen today …trade with tight sl …be alerted …nifty is at 6062 now high 6071 low 6053

kailash123p@yahoo.co.in (5/8/2013 9:50:20 AM): sell bharti at 329 sl 332,20 tgt 326 322



kailash123p@yahoo.co.in (5/8/2013 9:32:22 AM): sell rel 827 30 sl 836 tgt 820



Dhanvarsha was there …each and every call was traded at target 1 or 2 …our members  were actively trading as we all are having low brokerage  trading  account. When brokerage will be almost zero why money won’t come if we will trade in planned manner . You will get more  benefits too if you  are willing to open trading / demat account with us.You can trade without  brokerage also if you are confident on your trades


NIFTY OUTLOOK AND TRADING LEVELS FOR 09 May 2013-Gann turn Date