Nifty positive opening 12 Sept 13

Flat to positive opening is expected with possibility of profit booking as hanging man candle formation spotted at eod nifty chart after fast move of 800 or more Nifty points within 10 days demanding for a retracement of 200 250 points or consolidation at this level is required for cooling down indicators and refueling for next wave .How much retracement will be there and when it will  take place ?  exact point and time no one can predict actually , but seeing previous supports and resistance levels it seems that time and level is nearby and we will experience a pause in upward momentum or retracement in a day or 2 …have a look at eod nifty chart

yesterday 2 shots of 4000/- Rs were there in crude call .Shared at free open chat room  http://dhanvarsha.in/chatroom/

11 Sep 13, 07:20 PM

[×] [o] admin: 6870 traded tgt 2 done call was 11 Sep 13, 05:49 PM [×] [o] admin:BUY crude 6820 30 sl 6797 tgt 6848 68 gain rs 4000/- per lot

11 Sep 13, 09:28 PM

[×] [o] admin: crude traded above 6870 again both tgts done call was 11 Sep 13, 08:41 PM [×] [o] admin: BUY crude at 6830 20 sl 6796 tgt 6848 66 trading at 6831         2 bari 4000/- Rupayya



Trade in nifty futures as per these levels 

Buy at / above: 5952   Targets: 5969 – 5986 – 6004 – 6029
Stoploss : 5929
Sell at / below: 5929   Targets: 5911 – 5893- 5874 – 5855
Stoploss : 5952

learn how to trade on these levels .if nifty fails to sustain above 5952  you may go short at 5952 and close your long position at 5952 level .those who went short at 5952  must place their stop loss order above next resistance which is 5969 and possible targets will be 5929   5911 when 5929 will be broken fresh entry will go short at 5929 and new sl will be above 5952 .



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Nifty positive opening 12 Sept 13