Almost flat opening is expected with possibility of volatile session ahead … one more positive closing on cards . EOD nifty chart is indicating that nifty closed just below falling trend line and possibility of its break can not be ruled out .elliott wave 5 wave pattern is clearly visible at daily nifty chart
Trade in Nifty futures as per these levels
Buy at / above: 5476 Targets: 5491 – 5510- 5528 – 5547
Stoploss : 5452
Sell at / below: 5450 Targets: 5432 – 5414 – 5394 – 5372 Stoploss : 5476
Trade according to trend with proper stop loss management .
For next week nifty move please visit http://dhanvarsha.in/nifty-macro-view-for-week-ending-06-sept-13/ .
to learn about stop loss management visit http://dhanvarshagrp.blogspot.in/2011/07/stop-loss-order-technique-you-must-know.html
Almost flat opening on Sept 02, 2013