Tuesday, September 10, 2013

Nifty daily weekly outlook : 10 Sept 13

Nifty daily weekly   outlook : 10 Sept 13


1.5 to 2 % gap up opening is expected with choppy session or gap filling possibility. Last week it was predicted that nifty may trade at 5690 and nifty spot traded at 5688.60 please  read more at http://dhanvarsha.in/nifty-macro-view-for-week-ending-06-sept-13/  .


2 hammers at weekly chart proved their credibility 5608  is bunch of resistances if breached then Nifty will trade at  5950 before Friday.


NIFTY_Weekly_09-09-2013


see  Elliott wave projected on 2nd Sept 13 at   http://dhanvarsha.in/almost-flat-opening-on-sept-02-2013/   nifty is behaving /moving in same way .  as per daily eod chart nifty may trade between  5680 – 5950  during coming sessions where pivot will be at 5810   15 .


NIFTY_Daily_09-09-2013


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 with stop loss order and according to trend , to learn more about stoploss order read at http://dhanvarshagrp.blogspot.in/2011/07/stop-loss-order-technique-you-must-know.html




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Nifty daily weekly outlook : 10 Sept 13

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