Friday, August 2, 2013

Positive Nifty opening is expected on 02 August 13

Tweezer bottom spot yesterday in nifty after hammer ,RSI is trading at 26 almost exhausted so no doubt if upswing will be there .NIFTY_Daily_01-08-2013

Open interest data is not supporting nifty correction since 3 sessions  no fresh short positions build up on record only panic long unwinding is indicating that huge play is there in market by operators …record bolta hai hum nahin… but players cant stop/hold  real move for longer period ….Nifty is  falling  Futures oi is also decreasing …Long Unwinding identifies the stocks which has seen good amount of reduction in open interest with the price going down.


as we have seen in last session few minutes nifty corrected from 5840 to 5701  but in same fashion moved up to 5810

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and it was well predicted and shared to all of you at yahoo (8/1/2013 11:36:49 AM): luv nifty is trading at double bottom and it seems full recovery (8/1/2013 11:37:03 AM): expecting 1 more hanging man

Trade in Nifty futures as per these levels

Buy at / above: 5793   Targets: 5814 – 5837 – 5859 – 5888
Stoploss : 5773
Sell at / below: 5773   Targets: 5754 – 5733 –  5707
Stoploss : 5793

Trade according to trend  with stop loss and either be expert or trade under experts super vision u want to be expert contact today …we will make you you expert in chart reading /positive trading and all ..

stay at open chat room


Positive Nifty opening is expected on 02 August 13

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