Flat to positive opening is expected with possibility of closing above 5600 . volatility may or may not be there .Yesterday we have shared that “ EOD nifty chart is indicating that nifty closed just below falling trend line and possibility of its break can not be ruled out ” http://dhanvarsha.in/almost-flat-opening-on-sept-02-2013/ . Nifty opened flat able to break falling trend line and easily sustained above 20 day moving average above 5550 . please see at chart -as per chart next strong resistance in up move is 5575 -5690 if 5575 will be broken with volumes nifty will take a breathe at 5690 also shared on 31 Aug 13 http://dhanvarsha.in/nifty-macro-view-for-week-ending-06-sept-13/.
Trade Nifty futures as per these levels
Buy at / above: 5561 Targets: 5582 – 5601 – 5622 – 5640-5666
Stoploss : 5544
Sell at / below: 5544 Targets: 5528 – 5511 – 5492 – 5471
Stoploss : 5561
DLF advised to buy at 131 bang on target
[×] [o] admin: buy dlf at 131 sl 128.80 tgt 133
For nifty so many updates and buy /sell calls in real time at chat room Dhanvarsha http://dhanvarsha.in/chatroom/
2 Sep 13, 09:11 AM admin: call active BUY at / above: 5455 Targets: 5476 5491 – 5510- 5528 – 5547 Stoploss : 5444
2 Sep 13, 09:11 AM admin: SELL only if trades below 5444
2 Sep 13, 01:20 PM admin: target 1 done enjoy call was 2 Sep 13, 01:05 PM [×] [o] admin: SELL nifty at 5566 68 sl 5576 tgt 5544 5532
2 Sep 13, 01:23 PM Giri: target 2 reached sir, great work
2 Sep 13, 02:00 PM [×] [o] admin: BUY nifty at 5528 33 sl 5509 target 5548 5568
2 Sep 13, 02:01 PM [×] [o] zephyer: nifty @5545
2 Sep 13, 02:02 PM [×] [o] admin: place your BUY at 32.6
2 Sep 13, 02:02 PM [×] [o] zephyer: k
2 Sep 13, 02:03 PM [×] [o] admin: if retraced once more will be gud
2 Sep 13, 02:06 PM [×] [o] admin: BUY NF at 5541 43 sl 5523 target 5564
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expect positive opening with bullish sentiments on 3rd Sept