Flat to positive opening is expected with increased volatility . Infy result will be announced today it is Friday and on Fridays people take money home to celebrate week end … will u guess who will take money home ??? Bulls or bears ? we are feeling that yesterdays bears who sold NF at 7750 level may take money home after covering their shorts at lower levels and try Nf move towards 7650 7680 levels .
eod candle closed in middle of channel with equal wicks both side we can say long legged spinning bottom as it is at bottom of current wave … kissed both ends of channel high and low as well so what is next long or short will see after opening …u may support bulls
Trade in nf as per these levels
Buy at / above: 7569 Targets: 7586 – 7608 – 7630 – 7652-7688
Stoploss : 7547
Sell at / below: 7547 Targets: 7529 – 7507 – 7485 – 7464
Stoploss : 7569
levels based on past price volume action may change during market hours so plan your trade based on real time moves …have a look on yesterdays nf move and dhanvarsha real time calls accordingly
[×] [o] admin: Buy NF at 7604 Targets: 7630 – 7652 – 7674 – 7696-7738 Stoploss : 7587 u may add more above 7588 with sl at 7587
[×] [o] admin: add nf on dips keep sl at 7569
[×] [o] admin: add more long near sl nf trdaed at 7570 bnf 14950 add long sl as advised nf will trade at and above 7640 today bnf above 15150 and rcap above 610
NF remained above 7570 then bang at 7640
then after budget NF traded at 7484 and long call was planned like this
[×] [o] admin: buy nifty at 7520 sl 7482 tgt 7549 7568 7598
[×] [o] admin: consolidating at 7500 nf …. buy on dips keeping sl at 7482 tgts 7545 7590
update was
[×] [o] admin: nifty 7486 to 7640 total range 154 points see msg >>> 10 Jul 14, 10:10 AM [×] [o] admin: 11 baje budget hai …and 11 baje nifty men 75 points ka plus minus move hoga ..taiyar rahen>>.also see here ” Positive to gap up opening is expected with increased volatility nifty may trade in 150 to 200 points range in intra trades so either bumper gains or waiting for u or minor losses will be there if u will trade with discipline . “http://dhanvarsha.in/positive-gap-opening-expected-4/
[×] [o] admin: 7568 traded bang on tgt 2 call was 10 Jul 14, 11:48 AM [×] [o] admin: buy nifty at 7520 sl 7482 tgt 7549 7568 7598 http://i.imgur.com/3DO1Drl.png gain 48 points or more 5000/- gained for 2 NF lots
[×] [o] admin: nf 7597 bang on tgt 3 enjoy
above 7650 we came in sell mode and sl triggered booked 20 30 points loss
[×] [o] admin: sl triggered i the call call was 10 Jul 14, 01:13 PM [×] [o] admin: SELL nf at 76 40 50 sl 7671 tgt 7602 7572 loss 3000/- for 2 traded lots
but later market supported our prediction and call gained 200 NF points at 1 go
[×] [o] admin: nf traded at 7540 gained 200 points call was 10 Jul 14, 02:06 PM [×] [o] admin: SELL nf at 7720 39 sl 7823 positional tgt 7612 7522 7310 before exp Dhanvarsha premium http://prntscr.com/41a3ze 20000/- INR gain on 2 lots Trade
reliance capital sl triggered and lost 8k …
[×] [o] admin: sl triggered in rcap loss 8000 per lot place sl buy above 594 sl 587 tgt 615 trading at 585
and see what happened after that
[×] [o] admin: rcap at gains trading at 603
[×] [o] admin: buy rel cap at 586 590 sl 577 tgt 603 611 619
[×] [o] admin: rcap 588 to 600 book 50 % or 12000/- rs per lot on call …call was 10 Jul 14, 12:27 PM [×] [o] admin: buy rel cap at 586 590 sl 577 tgt 603http://i.imgur.com/yYmKsyt.png
[×] [o] admin: rcap traded at 519.90 …all tgts dn call was 10 Jul 14, 12:27 PM [×] [o] admin: buy rel cap at 586 590 sl 577 tgt 603 611 619 gain 30000/- per lothttp://i.imgur.com/yUS8tBf.png
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Flat to positive opening increased volatility-INFY
