JAY SWAMINARAYAN...FROM LAST 4 WEEK NIFTY WAS TRADED IN OUR RANGE 5660-5980. NIFTY WAS NOT READY TO EVEN TOUCHED ONE OF THEM. REMEMBER FROM LAST ONE MONTH WE SAID IT IS VERY HARD FOR NIFTY TO GIVE CLOSE ABOVE 5980-6020. AND IF NIFTY NOT HOLD 5750-5660 THEN IT WILL BE FALL FAST TOWARDS 5500-5400. IN LAST 4 WEEK NIFTY ACHIEVED ALL OUR TGT OF DOWNSIDE AND UPSIDE. WE RECOMMENDED TO OPEN SHORT BELLOW 5870 WITH SL 5930 FOR TGT 5840-5750-5660.
WE EXPECT IN THIS WEEK NIFTY IS LOOKING WEAK BUT IT IS NEAR ON OUR SUP. 5750 SO A SHARP REACTION IS NOT RULED OUT.
IF NIFTY SUSTAIN BELLOW 5750 THEN IT FIND SUP. AT 5690-5660-5620.
IF NIFTY ABLE TO MOVE ABOVE 5750 THEN IT FIND RES. AT 5800-5840-587O.
BE CAREFUL IF NIFTY NOT HOLD 5660. BECAUSE NIFTY IS NEAR OUR VERY CRUCIAL LEVEL 5750.
WE SAID ON 1-3-11 " WE EXPECT BROADER [RANGE] BAND IS 5050-5750 AND WE BELIEVE THIS TWO LEVEL DECIDE FUTURE OF NIFTY...
WE EXPECT IN THIS WEEK NIFTY IS LOOKING WEAK BUT IT IS NEAR ON OUR SUP. 5750 SO A SHARP REACTION IS NOT RULED OUT.
IF NIFTY SUSTAIN BELLOW 5750 THEN IT FIND SUP. AT 5690-5660-5620.
IF NIFTY ABLE TO MOVE ABOVE 5750 THEN IT FIND RES. AT 5800-5840-587O.
BE CAREFUL IF NIFTY NOT HOLD 5660. BECAUSE NIFTY IS NEAR OUR VERY CRUCIAL LEVEL 5750.
WE SAID ON 1-3-11 " WE EXPECT BROADER [RANGE] BAND IS 5050-5750 AND WE BELIEVE THIS TWO LEVEL DECIDE FUTURE OF NIFTY...
