Two sets of Tristar spotted at Nifty
Definition of ‘Tri-Star’
A type of candlestick pattern that signals a reversal in the current trend. This pattern is formed when three consecutive doji candlesticks appear at the end of a prolonged trend.
The chart below illustrates a bearish tri-star pattern at the top of the uptrend and is used to mark the beginning of a shift in momentum.
Investopedia explains ‘Tri-Star’
A single Doji candlestick is an infrequent occurrence that is used by traders to suggest market indecision. Having a series of three consecutive doji candles is extremely rare, but when it is discovered, the severe market indecision generally leads to a sharp reversal of the given trend. The “three stars” pattern can also be used to signal the reversal of downward momentum when the pattern is formed at the end of a prolonged downtrend.
Gap up of 25 30 points may be there ..Nifty may sustain or not but we can expect profit booking at higher levels
Trade in NF as per these levels
Buy at / above: 7335 Targets: 7351- 7370 – 7392 – 7413 – 7435 Stoploss : 7317
Sell at / below: 7317 Targets: 7294 – 7272 – 7249 – 7226 Stoploss : 7335
Trade with stop loss order to protect your trading capital .
Few calls of yesterday with bumper gains
[×] [o] admin: rel cap futures at 501 trading well below of tgt and gaining 15000/- per lot if at hold call was 21 May 14, 10:25 AM [×] [o] admin: SELL rel cap 516 519 sl 524 tgt 504 06 http://prntscr.com/3l5myr
[×] [o] admin: 2332 trdaed bang on tgt gained 60 points call was shared at 9.11 mins see herekailash123p@yahoo.co.in (5/21/2014 9:11:03 AM): please track hero moto corps fut /cash .SELL around 2385 95 sl 2437 tgt 2356 2332 gain 7000/- or more per lot 
http://prntscr.com/3l599t
[×] [o] admin: silver mic trdaed at 41400 bang on tgt call was 20 May 14, 07:00 PM [×] [o] admin: BUY silver mic only above 40925 sl 40838 tgt 41190 390 do not BUY if trading below 40925 20 May 14, 07:05 PM [×] [o] admin: BUY on dips silver mic sl 40768 500 points gain on call http://prntscr.com/3l5eo0
[×] [o] admin: bn traded at 15016 call was kailash123p@yahoo.co.in (5/21/2014 9:39:22 AM): SELL bn at 15140 175 sl 15255 tgt 15005 14820 gained 130 points but tgt missed by only 11 points http://prntscr.com/3l5k7x
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Two sets of Tristar spotted at Nifty
