NIFTY LEVELS 07 AUGUST 13 : GAP up TODAY

Expecting gap up today and it was shared yesterday …at chatroom  

http://dhanvarsha.in/chatroom/

FIIs were net buyers in equities in August every day  till now  so we cant say that FIIs are responsible for selling http://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php\

In July to0  they sold out only for 414 Cr where as in June they were net sellers of  11425 Cr INR . There fore we can say that apni peeth men hamne hi maara he …..

Nifty weekly chart is showing that it is trading at weekly pivot level and pivoting is possible at this level you may look up now to 5800 >>>6200

30 to 40 points gap up opening is expected with value buying on ….buy on dips expected nifty targets ….

Trade in nifty futures as per these levels today

Buy at / above: 5587   Targets: 5603 – 5622 – 5640 – 5659
Stoploss : 5568
Sell at / below: 5568   Targets: 5553 – 5534- 5515 – 5497
Stoploss : 5587

shared at chatroom

6 Aug 13, 02:31 PM

[×] [o] Admin: nifty reversed from this level on 25 jun 13 trading at same level so pick at low on hope of double bottom reversal … cmp 5575 futures

6 Aug 13, 02:52 PM

[×] [o] Admin: you may BUY nifty futures at and above 5550 60

6 Aug 13, 02:54 PM

[×] [o] sandesh: NF ( 5560 ) BNF ( 9740 ) 5700 CE ( 57 ) SBI fut ( 1645 ) ICICI fut ( 871 ) BUY and forget……..keep SL 5500………looking for 6100 in august expiry itself……….Positional call

6 Aug 13, 02:57 PM

[×] [o] sandeep: sandesh provide some basis please for 6100 Expiry tgt

6 Aug 13, 02:58 PM

[×] [o] Admin: @ Sandeep he has shared stoploss at 5500 for all trades ..so plan accordingly

6 Aug 13, 02:59 PM

[×] [o] Admin: As i said possible double bottom at 5550 70

6 Aug 13, 03:00 PM

[×] [o] Admin: if it will work as double bottom’

6 Aug 13, 03:00 PM

[×] [o] Admin: so u can see full move from where it is coming down

6 Aug 13, 03:00 PM

[×] [o] johnny: bank nifty 52 week low hit

6 Aug 13, 03:06 PM

[×] [o] Admin: 5572 nifty recoverinfg fast

6 Aug 13, 03:12 PM

[×] [o] Admin: Sgx nifty is trading at pivot level next PP is located at 5574 and then 5494 so 5670 -75 may work as strong level …do not act in panic at 5665 -85 future range …go LONG above 5685 if start moving towards upside from below ..and go SHORT below 5670 if break down with volumes will be spotted . Both possibilities are open at this juncture . it was shared at 8.30 AM here http://dhanvarsha.in/nifty-levels-06-august-13/ next pivot 5574….SELL below 5670 both were there and market followed it …

NIFTY LEVELS 07 AUGUST 13 : GAP up TODAY