Prediction points /reasons … Dow closed flat to negative …nifty corrected yesterday but only 78450 shares added in open interest which are not supporting much for fall of 46 points …FIIs were net buyers of 75Cr Rs … many small traders are having / created fresh short positions at or below 5830 Level … Nifty closed near bottom of channel / below 200 dma and gap up will turn 200 dmain to strongest support …these all factors are indicating for a gap up opening and upside channel break by today >>>
Huge gap up of 60 to 70 points is expected today …volatility with fresh buying and panic short covering may be there ..we are not expecting profit booking today so it is advised to avoid initiating short positions seeing retracements ..only big negative news may trigger selling today ..addition of 50 lac shares in nifty OI from 5600 – 5800 is clearly indicating that market short term trend is bullish … oi was 9826800 at 5588 and 15467200 at 5816 nifty levels ..
5065-70 will act as very strong support level for nifty futures so positional traders may place their stoploss accordingly … Trade according to levels ..these levels will change their role according to last traded market price of nifty …upper level will act as resistance and lower level will act as support …
Dhanvarsha outlook for today’s nifty futures levels
Buy at / above: 5886 Targets: 5908 – 5927 – 5949 – 5969
Stoploss : 5866
Sell at / below: 5867 Targets: 5853 – 5836 – 5816 – 5797
Stoploss : 5888
yesterday ..it was advised at 3 PM at http://dhanvarsha.in/chatroom/
Those who are holding will pocket Rs 5000/- per nifty lot ..also we are holding fully overloaded calls of ….
which will return more than 300 % profit today …will update call and gains after market closing today…
if we can predict it why can’t you ?
Dimag ki batti jalao …start distant learning and earning and grow with Dhanvarsha …to read more click the link http://clientsviews.blogspot.in/2010/02/professional-charges-and-bankrs-details.html
Do not trust on past performance …trust on present and future performance…jo saamne he wohi sach he …
The dollar extended falls on Thursday, rapidly retreating from a three-year peak, after Federal Reserve Chairman Ben Bernanke said highly accommodative monetary policy would be needed for the foreseeable future.
Dhanvarsha - Nifty prediction / levels for 11 July 13