spinning top spotted at nifty daily chart

shooting star / spinning top  spotted  with large upside wick  at  nifty daily  chart is indicating that some profit booking was there  at 7200 level . Expect gap up opening with range bound trading and increased  volatility …stock specific moves may be there .

 

Trade in Nifty futures as per these levels

Buy at / above: 7182   Targets: 7200 – 7221 – 7242 – 7263
Stoploss : 7161
Sell at / below: 7161   Targets: 7143 – 7122- 7101 – 7080
Stoploss : 7182

Spot the trend then enter in trade with proper stop loss order fixed and punched in system .

Yesterdays few messages posted at chatroom Dhanvarsha

http://dhanvarsha.in/chatroom/

13 May 14, 09:17 AM admin: SELL at / below: 7128 Targets: 7101 – 7080 – 7059 – 7038 Stoploss : 7140

13 May 14, 09:21 AM admin: 7082 traded tgt 2 almost dn

13 May 14, 09:25 AM admin: nifty f traded from 7132 to 7078 bang on tgt 2 call was like this 13 May 14, 09:06 AM [×] [o] admin: place amo SELLat 7118 for quick gain of 20 30 points 13 May 14, 09:17 AM [×] [o] admin: SELL at / below: 7128 Targets: 7101 – 7080 – 7059 – 7038 Stoploss : 7140http://prntscr.com/3iqz1k

13 May 14, 09:27 AM admin: 40 or more nifty points gained on call …now do not let me know why we planned SHORT call on bull market

13 May 14, 10:14 AM

admin: go SHORT on swing highs andBOOK gains till nifty is trading below 7133 … EXIT from SHORT at 7133 and goLONG with sl at 7108 above 7134http://prntscr.com/3ir7d0

13 May 14, 10:21 AM admin: BUY at / above: 7134 Targets: 7157- 7178 – 7200 – 7221 Stoploss : 7119

13 May 14, 10:26 AM admin: bulls and bears area at 10.25 AM see at intra chart http://prntscr.com/3ir974

13 May 14, 10:44 AM admin: nf traded at 7161 BOOK 50 % gains keep sl at 7139

13 May 14, 10:45 AM admin: 1255 traded bang on tgt call was 13 May 14, 10:39 AM [×] [o] admin: SELLnickel at 1266 68 sl 1277 tgt 1256

13 May 14, 10:51 AM admin: bas wo hi jhatka hota …jisne encash kiya maal uska 1263 now ….. 1255 traded bang on tgt call was 13 May 14, 10:39 AM [×] [o] admin: SELL nickel at 1266 68 sl 1277 tgt 1256http://prntscr.com/3ircws

13 May 14, 10:54 AM admin: BUY NF at / above: 7157 Targets: 7178 – 7200 – 7221 Stoploss : 7144

13 May 14, 10:58 AM admin: 7134 to 7179 traded tgt 2 dn

13 May 14, 11:01 AM admin: SELL nf at 7178 79 sl 7201 tgt 7157

spinning top spotted at nifty daily chart