Third positive close in continuation at over sold zone making long legged hammer at eod trend reversal candle minimum 100 to 150 points retracement is on cards …Three times tried to breach 200 DMA but bounced and closed well above it …
Will today market will try to create panic sell off with volumes and try to penetrate 200 DMA and close well below it ???
will market close well above 6075 and eod candle give trend reversal confirmation after formation of long legged hammer .. all possibilities are open but 80 90 % chances are there as maximum indicators including FIIs are supporting bulls …FIIs were net buyers yesterday with DIIs ..
Trade in Nifty futures as per these levels
Buy at / above: 6084 Targets: 6100 – 6120 – 6139 – 6159-6176
Stoploss : 6058
Sell at / below: 6059 Targets: 6046 – 6028 – 6009 – 5989
Stoploss : 6084
see calls here http://clientsviews.blogspot.in/2014/02/chat-history-feb-06-2014.html
[×] [o] admin: BUY ce 6100 59 61 sl 55.80 tgt 67 75 low risk means chota sl high reward means possible tgt trade trading 62.60 http://prntscr.com/2pyfs5
[×] [o] admin: ce traded at 75 plus bang on tgt 2 …. gain 14 or more points % 20 or more call was 6 Feb 14, 12:38 PM [×] [o] admin: BUY ce 6100 59 61 sl 55.80 tgt 67 75 low risk means chota sl high reward means possible tgt trade http://prntscr.com/2pywa6 calculated tgt and rt time entry
[×] [o] admin: BUY NF at 5978 90 sl 5968 tgt 6008 6028 http://prntscr.com/2pxzlx
[×] [o] admin: new call BUY NF at and above 6010 sl 5988 tgt 6033 those who are holding may modify sl to 5988
6 Feb 14, 01:30 PM
[×] [o] admin: nifty 6023 don’t say dhanvarsha nahin hai
6 Feb 14, 01:34 PM
[×] [o] admin: ce 6100 61 to 70 enjoy tgt 1
6 Feb 14, 01:35 PM
[×] [o] admin: NF bang on tgt 6038 enjoy
6 Feb 14, 01:44 PM
[×] [o] admin: NF traded at 6038 bang on tgt call wa s 6 Feb 14, 11:22 AM [×] [o] admin: new call BUY NF at and above 6010 sl 5988 tgt 6033 those who are holding may modify sl to 5988 http://prntscr.com/2pyo4r
[×] [o] admin: BUY NF at and above 6021 sl 6008 tgt 6049
6 Feb 14, 02:56 PM
[×] [o] admin: BUY nifty on dips sl 6018 tgt 6068 75 intra /btst
[×] [o] admin: 5990 to 6052 traded 1 more call bang on tgt call was 6 Feb 14, 02:23 PM [×] [o] admin: BUY NF at and above 60 21 sl 6008 tgt 6049 http://prntscr.com/2pz1hm
Third positive close in continuation : look up