Tuesday, October 7, 2014

Nifty spot may start its journey below 7930

Nifty spot  may start its journey below 7930   and may  close @ and above 7970 as per this chart .


NIFTY_Daily_06-10-2014


Trade in NF as per these levels


Buy at / above: 7926 Targets: – 7957 – 7981 – 8013-8036
Stoploss : 7899
Sell at / below: 7899 Targets: 7882 – 7861 – 7836 – 7814
Stoploss : 7926


possibility of 1 %  or 40  to 70 points gap down then expect smart recovery . Trade with sl …if level 1 will break then it may move to level 2 otherwise may play between any 2 levels for entire day …


30 min sgx nf chart

possible waves of nifty

7929 > 7975

7975 .7940

7940 .>8015 > 8041

weak only below 7910 >>>>7810 http://prntscr.com/4tscdz possibility of bulls domination buy on dips keeping sl at 7899 tgt above 7975 do not trdae without sl .


 


IDFC  …last eod candle closed making grave stone doji / inverted hammer is only hope in idfc recovery …if reversed may trade at 143 144 in coming sessions


http://prntscr.com/4tsjc1


 


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Nifty spot may start its journey below 7930