FIIs are selling every day and nifty is creeping up …why media is not propagating this now ….???
shared at chat room before 7 AM
admin: we are expecting its possible support and resistance levels as per chart are Chart is self explanatory showing levels 11200 11400 12200 12400 12600 12900 13130 .. technical indicators are supporting bulls what ever may be the out come of RBI policy we are expecting 600 to 800 points upswing in bank nifty within a week or 2. week only if cracks below 11600 with heavy volumes which is next to impossible but surprises are always there so keep sl at 11600 for all positional LONG trades .
flat to positive opening is expected with confusion….jaen to jaen kahan??? volatility will be at peak today also …range may be tight for nifty and bank nifty but wild moves we may expect in few stocks…
Trade in NF as per these levels
Buy at / above: 5851 Targets: 5868 – 5887 – 5906 – 5926
Stoploss : 5830
Sell at / below: 5830 Targets: 5816 – 5797 – 5778 – 5759
Stoploss : 5851
NF and bank nifty ….bottom fishing was there …call was at free chat room
admin: as said was only knee jerk reaction which was over we will see new high today as per TA …BUY nifty and bn at cmp keep sl 20 and 40 points 5781 11775 now
NF gained 70 or more points and bank nifty 230 or more ..
ce 5800 advised to buy at 64 65 traded above 95
call was like this
admin: BUY ce 5800 now at 64 66 sl 58 tgt 80 plus
Crude once sl triggered ..next call gained 30 plus points in crude..
admin: BUY nf again at 5811 14 sl 5794 tgt 5828 48
NIFTY OUTLOOK AND TRADING LEVELS FOR 18 June 2013