NIFTY OUTLOOK AND TRADING LEVELS FOR 13 MAY 2013

13-13   unlucky combination for bulls or bears ?

Almost flat opening is expected if gap up of 20 points will be there we can expect profit booking will take place  if flat will be there nifty will consolidate and will continue  to trade in range till the time won’t break 6085  or 6135 with volumes ….above 6135 it may creep to 6155  > 6175  but if slipped below 6100 it may roll down to 6055  6030  6005…  get continuous updates and calls at chat room.You  can share your calls and views also if  you are able to predict future move.

Trade in Nifty futures as per these levels

Buy at / above: 6127   Targets: 6145 – 61646 – 6184 – 6199
Stoploss : 6099
Sell at / below: 6099   Targets: 6081 – 6054 – 6034 – 6013
Stoploss : 6127

A gr8 trader went to shoe maker for shoe making in meantime shoe maker advised him  ” buy some shares of ……… company, if  u really want to make money ” the trader left his shoes there , went to his office ,  sold out all his stuff of that company  and later collected his shoes….can u guess the result ??? that company  shares tumbled by 20% next day …later he wrote that when shoemaker started advising to  buy market  that means indication of end of bull run  …. Same thing is happening at 6130  level…Be alerted.

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NIFTY OUTLOOK AND TRADING LEVELS FOR 13 MAY 2013