Wednesday, May 22, 2013


nifty  sell call gained 70 or more points within 2 hours shared in real time at chat room at the time of call  nifty future was trading at 6186 87 ...have a look   …later traded at 6106 before closing at 6116.90 yesterday’s high was 6189.60

21 May 13, 01:55 PM

admin: SELL NF at / below: 6182 Targets: 6164 – 6142 – 6122 – 6107-6056  Stoploss : 6202

day was extremely volatile …

if third black crow formation will be there spot will trade at or below  6030 today …6114 is crucial point  above 6114 bulls and below it bears will dominate.




ONGC sell advised at 335   later traded  below 326 was 

21 May 13, 09:29 AM

admin: SELL ongc at 335 sl 338.60 tgt 331.60 329.20



Flat to positive opening is expected with extremely volatile session ahead as both bulls and bears will be busy today to capture 6100 ..

FIIs were net buyers in equities  of 680 Cr 0n 21 May 13 .

Trade in nifty futures as per these levels ..

Buy at / above: 6181   Targets: 6199 – 6219 – 6237 – 6258
Stoploss : 6160
Sell at / below: 6160   Targets: 6141 – 6124 – 6103 – 6083-6051
Stoploss : 6181

Trade according to levels …all levels projected above are support and resistance levels depend on the last traded price of nifty future .if nifty will trade at 6109  then 6103 will act as support and 6124 will be resistance and we may ask you to buy nifty futures at and above 6103  with sl of 6081 for the tgt 6124.

‘Three Black Crows’

A bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have closed lower than the previous day with each session’s open occurring within the body of the previous candle. the three black crows pattern is a sign of the bulls’ lack of conviction in the current uptrend. This pattern is used to predict the top of an uptrend, but traders will want to confirm this signal with other technical indicators to confirm that the momentum is actually changing.

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