Last 6 candles are giving failure trend reversal signals and each candle is closing positive and all 6 covered more than 250 nifty points profit booking will be there which is required for further up move ..6890 may act as immediate support if profit booking will take place ..what we are observing opens gap up covers gap then again moves up and close in green … volatility is increased …
Trade in NF as per these levels
Buy at / above: 7353 Targets: 7370 – 7392 – 7413 – 7435 Stoploss : 7331
Sell at / below: 7331 Targets: 7313 – 7292 – 7272 – 7249 Stoploss : 7353
Market may move up 20 30 points after gap up opening then we may see profit booking of 40 60 points if panic will be there then panic selling will take nifty towards 7200 and below …if bulls will be able to hold NF above 7340 for more than 30 mins panic short covering can not be ruled out stay logged in at Dhanvarsha chatroom for real time updates on market move ..
Trade with stoploss to protect your account
have u traded ONGC
| ONGC fut traded at 398.70 call was kailash123p@yahoo.co.in (5/20/2014 9:36:06 AM): traded at 405 gaining 7000/- per lot call was 20 May 14, 09:20 AM [×] [o] admin: SELL ongc f at 412 11 sl 417 tgt 403 keep sl at 409.60 SELL below 408 tgt 403 396 http://prntscr.com/3ku50q so 412 to 399 13 points bole to 13000/- per lot in intra tradehttp://prntscr.com/3kz4m0 or nickel traded below 1138 gained 20 points on trade / call call was 20 May 14, 04:51 PM [×] [o] admin: SELL nic at 1153 1158 sl 1162 tgt 1146 1132http://prntscr.com/3ky3jd 5000/- per lot gained …aapne kuch to kamaya hoga say 4 points !!! equals 1000/- per lot or Nifty 7301 traded bang on tgt call was 20 May 14, 02:51 PM [×] [o] admin: SELLNF at 7335 45 sl 7355 tgt 7302 30 plus p[oints gained http://prntscr.com/3kvl1f or heromotocorp for 70 or more points traded below 2364 call was kailash123p@yahoo.co.in (5/20/2014 9:13:33 AM): be ready to trade in hero moto corp kailash123p@yahoo.co.in (5/20/2014 9:14:01 AM): we may initiate short on it kailash123p@yahoo.co.in (5/20/2014 9:14:57 AM): sell hero moto corp at 2435 sl 2444 tgt 2316 2205 70 points solid gainhttp://prntscr.com/3kya62 |
Last 6 candles are giving failure trend reversal signals
