Friday, October 4, 2013

bears may dominate today

Bears may dominate today  . Fridays  support bears generally and expect profit booking at higher levels …..Yesterdays post was dedicated to hammer at eod Nifty chart and candle proved that hammer is capable in moving Nifty  towards  North by  100 or more points . Read more at   http://dhanvarsha.in/hammer-spotted-eod-nifty-chart/  if  all indicators  are supporting bulls we must trade with alertness and book gains  at higher levels plus  sell on rise if  getting  opportunities …It is Friday also …will it going to support bulls …??



 


Negative to gap down opening is expected with possibility of increased volatility.


Trade in nifty futures as per these levels


Buy at / above: 5967   Targets: 5983 – 6003 – 6022 – 6042 Stoploss : 5948


Sell at / below: 5948   Targets: 5931 – 5912 – 5893 – 5874-5851 Stoploss : 5967 


Never miss profit booking opportunities.


Premium group received this message  yesterday …


kailash123p@yahoo.co.in (10/3/2013 9:22:30 AM): Trade in NF as per these levels Buy at / above: 5852 Targets: 5868 – 5887 – 5906 – 5926-5958 Stoploss : 5829




bears may dominate today