Gap down opening is expected with possibility of choppy session ahead .Bank nifty stayed above 200 dma yesterday today it may remain below it.
yesterday nifty moved up and retraced 62 % it will trade below 50% retracement and enter in falling channel as trading in abc pattern…
Trade in Nifty Futures as per these levels
Buy at / above: 6263 Targets: 6277 – 6297 – 6317 – 6336
Stoploss : 6239
Sell at / below: 6239 Targets: 6222 – 6204 – 6184 – 6165
Stoploss : 6263
few calls sent to premium group yesterday
Kailash123p@yahoo.co.in: buy 6100 pe at 85 86 sl 74 tgt 90 96
[×] [o] admin: pe traded at 90 call was 2 Dec 13, 11:20 AM [×] [o] admin: BUY 6100 pe at 85 86 sl 74 tgt 90 96 after BUY advised traded at 82 alsohttp://prntscr.com/285fnm advise was buy in 82 85 range and modified sl was 79
2 Dec 13, 02:16 PM
[×] [o] admin: sell nifty at cmp at 6247 50 sl 6276 tgt 6222 and below
2 Dec 13, 02:28 PM
[×] [o] admin: range breakdown spotted after bull trap http://prntscr.com/285hgg it is trying to enter in trading range again 6158 now
2 Dec 13, 05:15 PM
[×] [o] admin: buy crude at 5790 93 sl 5774 tgt 5818 5839 5864
2 Dec 13, 05:19 PM
[×] [o] admin: http://prntscr.com/28637o self explanatory chart
2 Dec 13, 06:21 PM
[×] [o] admin: 5805 book partial gains in crude
2 Dec 13, 06:24 PM
[×] [o] admin: http://prntscr.com/286e8s
2 Dec 13, 06:25 PM
[×] [o] admin: 5818 traded tgt 1 done in crude book 50 %
[×] [o] admin: crude traded at 5862 now trading at 5848 buy advised at 5790 93
[×] [o] admin: feb gold 28903 gud to buy risk lovers may go long here keep sl 50 to 60 points for 500 to 1000 points up move within 30 days
[×] [o] admin: sell rel at 858.50 sl 863.20 tgt 853.20 845.30
gap down opening choppy session 03-12-13