macro view as per weekly chart …indicators are supporting bulls and bears both… below 5800 bears will dominate currently trading in bull zone…
last week it was posted ‘ Daily nifty chart is consolidating in 5800- 5900 range ,it may stay here for few more sessions then it will break its range . Market won’t move 200 or 300 points till it is bounded in these two red horizontal lines shown at chart .” here http://dhanvarsha.in/nifty-entering-oct-month-27-sept-13/ and nifty remained in same range . Nifty is trading at channel top but last candle is not supporting bulls as it is shooting star at channel top which is inviting bears to attack collectively but if bulls will be able to break channel on Monday by gap up or volume buying they will take Nifty spot to 6100 in next week .
possible weekly range 5700 >< 6000
Option trade with more than 30% intra day gain was shared at free chat room http://dhanvarsha.in/chatroom/
you may see chat history here also http://clientsviews.blogspot.in/2013/10/chat-history-upto-5-oct-13-1027-am.html
admin: pe traded at 79 call was 4 Oct 13, 09:51 AM [×] [o] admin: BUY 5700 pe at 66 68 sl 63 tgt 74 79 88 98 BOOK 75 % keep sl at 74
and pe traded above 84
1 more premium message worked well
kailash123p@yahoo.co.in (10/4/2013 2:17:31 PM): selling advised below 5990 for target 5950 intra /stbt
traded below 5940 within 30 minutes of sell advise
Nifty Macro and micro analysis for week ending 11 Oct 13
