Negative to gap down opening for nifty is expected with extremely volatile session ahead and possibility of gap filling till the time nifty will trade above 5600 but if in case slipped below 5600 and selling with volumes will be spotted bears will take it easily to 5500 5530… be alerted and plan your trades seeing market mood.
read more at http://dhanvarsha.in/spot-trend-first-select-wave-and-then-ride-on-it/
As per current data we are expecting today’s range between 5600 5680 for spot nifty .
Trade in nifty futures as per these levels
Buy at / above: 5621 Targets: 5641 – 5659 – 5678 – 5697
Stoploss : 5600
Sell at / below: 5600 Targets: 5584 – 5567 – 5551 – 5531
Stoploss : 5621
DLF is quite gud at 170 level buy on dips and book at high positional target 230 in 3 to 4 months more than 30% return is lucrative.
read more at http://dhanvarshagrp.blogspot.in/2013/06/buying-dlf-at-170-level-is-low-risk.html
Yesterday a fellow trader accepted that he made huge amount at chat room calls …but ignored advise to place stop loss order and booked 60000/- loss on single trade …now he will never trade without stop loss …he said that stoploss advised was giving him only 5 k loss but after paying 12 fold money he learnt the lesson and importance of stoploss order .
Do not trade without stop loss order …you can stretch it as per your risk ..but beyond that no one can give you courage to book loss on your trade and you will only start praying for market to turn in your direction and also cursing the person who advised you to enter in trade … but you will never realize your fault that you ignored stop loss …
Stay logged in at Dhanvarsha chatroom …
Make a habit to share atleast 5 to 10 % of your gains …We have placed pay pa radio buttons …so that you can easily select and contribute to encourage Team Dhanvarsha using credit /debit ( ATM )cards or from your pay pal account …
NIFTY OUTLOOK AND TRADING LEVELS FOR 24 June 2013
