Monday, April 25, 2011

WEEKLY REVIEW

JAY SWAMINARAYAN...ON 4-4-11 WE SAID " IT IS VERY HARD FOR NIFTY TO GIVE CLOSE ABOVE 5980-6020 " AND " IF NIFTY NOT HOLD 5750-5660 LEVELS THEN WE SEE SHARP DOWNFALL TOWARDS 5500-5400 "
YOU SAW  IN LAST 3 WEEK NIFTY WAS  TRADED BETWEEN 5980-5660.AND EVEN NIFTY NOT READY TO  TOUCH 5980 OR 5660.
WE EXPECT IN THIS WEEK NIFTY SHOULD BE TRADED BETWEEN 5980 -5660.THIS IS F&O EXPIRY WEEK SO VOLATILITY WILL BE EXPECTED.BUT REMEMBER  WHAT WE SAID FROM LAST 3 WEEK, WE ARE  NOT TRADE ANY SIDE BETWEEN 5870-5980. AND NOW YOU KNOW VERY WELL WHEN TO OPEN LONG OR SHORT ON NIFTY.

WE EXPECT IN UPCOMING 3-4 WEEK'S NIFTY WILL BE START  TO GOING  FOR BIG MOVE. 800-1000 POINTS MOVE EIGTHER SIDE ( UP OR DOWN ).UP MOVE PROBABILITY IS 40% AND DOWN MOVE PROBABILITY IS 60%

NIFTY :: OP : 5882.85 , HI : 5912.90 , LO : 5864.35 , CL : 5884.70.