NIFTY OUTLOOK AND TRADING LEVELS FOR 04 July 2013; green

It was posted on Sunday … “eliotts 5 wave pattern completed ..can we expect mirror image of fall now in upswing ..if yes then we will see 5750 first then 6100 ”  at http://dhanvarsha.in/macro-and-micro-analysis-nifty-for-week-ending-5-june-13/ on Jun 30 and nifty kissed 5760 yesterday …. Dhanvarsha expecting for  6100 soon …

It is posted at chatroom Dhanvarsha at 6 AM

4 Jul 13, 05:59 AM

[×] [o] admin: Good Morning Dow closed at 14,988.55 56.14(0.38%) up by 56 $$$$$$$$$$$$

4 Jul 13, 06:00 AM

[×] [o] admin: Nifty possible opening positive to gap up by minimum 15 points

as per eliott wave  33 % retracement of 350  points  ( 5550 -5900 )is done .. Nifty  may trade in short range of 5770 5825 or may try to cross 200 DMA which is passing at 5828 …for that huge volumes buying will be required  and we feel it is not the time to cross 200 dma but it is sure  that if nifty will closed above 5800 today tomorrow we will trade at 5875 level .

Trade in Nifty futures as per these levels 

Buy at / above: 5776   Targets: 5792 – 5811 – 5830 – 5849

Stoploss : 5757
Sell at / below: 5757   Targets: 5740 – 5722 – 5703 – 5684
Stoploss : 5776

Trade according to trend …Ride on waves ..trade with stop loss ..

Yesterdays crude calls gained  more than 10000/- Rs per traded lot ..

NIFTY OUTLOOK AND TRADING LEVELS FOR 04 July 2013; green