Friday, August 24, 2012

Nifty outlook and trading levels for 24 Aug 12



Negative to gap down opening is expected with profit booking mood ahead ...nifty is trading in uptrending channel in that way its support is coming at 5365  70
yesterday it after bearish harami  spindle top was spotted at EOD chart ...Rising wedge  also spotted

Be ready to book profits
Trade in Nifty according to these levels
Sell at / below: 5421   Targets: 5402 - 5388 - 5366 - 5352
Stoploss : 5433

Buy at / above: 5433   Targets: 5459 - 5475 - 5491
Stoploss : 5421


Few messages 

kailash123p@yahoo.co.in (8/22/2012 8:04:58 PM): crude tgt 5361 5352 5332 5314 sl 5409

kailash123p@yahoo.co.in (8/22/2012 8:14:14 PM): crude 77 now risky traders can hold shorts with sl of 5409 positional
kailash123p@yahoo.co.in (8/22/2012 8:22:07 PM): crude may trade at 5312 in a day or 2 

kailash123p@yahoo.co.in (8/22/2012 8:40:20 PM): crude is trading well below yesterdays high of 5408 post 40 min of its inv at 8.40 PM 
kailash123p@yahoo.co.in (8/22/2012 11:26:37 PM): crude 5356 now


kailash123p@yahoo.co.in (8/23/2012 4:28:28 PM): crude sold at 5415
kailash123p@yahoo.co.in (8/23/2012 4:53:26 PM): crude is at 5402 keep sl at 5412

kailash123p@yahoo.co.in (8/23/2012 6:48:08 PM): book crude at 5394 
kailash123p@yahoo.co.in (8/23/2012 7:08:26 PM): sell crude 5385 sl5402 tgt 5372 63 52 
kailash123p@yahoo.co.in (8/23/2012 10:57:16 PM): crude traded at 5311 ... it was told yesterday ...

kailash123p@yahoo.co.in (8/23/2012 9:50:53 AM): Sell Nifty at / below: 5439 Targets: 5423- 5404 - 5386 - 5368 Stoploss : 5457 

kailash123p@yahoo.co.in (8/23/2012 1:32:45 PM): sell nifty now 5441 
kailash123p@yahoo.co.in (8/23/2012 1:59:00 PM): nifty at 5427 keep sl at 5442
Finally Nifty made a low of 5403.90 

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