Market on 20 choppy or bearish ? Negative to gap down opening is expected with choppy session ahead , as nifty spot failed to breach 6201 effectively and closed there today negative opening below 20 dma and 61 % fib retracement level will work as resistance for up move there fore track nifty spot care fully . hang man at nifty eod at 61 % fib retracement level and 20 DMA
Options sell or profit booking of Rs 700 Cr on 19 Nov 13 by FIIs http://prntscr.com/25dw71
Indication they kept nifty and bank nifty above 6200 only to book gains in callls now they may move towards puts …. speculation
It was advised last day at Free open chatroom http://dhanvarsha.in/chatroom/
19 Nov 13, 03:04 PM
[×] [o] kim: 6240-45 is major rest on NF
19 Nov 13, 03:05 PM
[×] [o] admin: yes stbt nifty at 6230 40
Smart money is going out …FIIs invested 5640 CR in Nov and DIIs pulled 6981 Cr till date in Nov month ..source Money control http://www.moneycontrol.com/stocks/marketstats/fii_dii_activity/index.php
Perfection comes by practice …Trade in NF as per these level s
Buy at / above: 6243 Targets: 6259 – 6278 – 6299 – 6318
Stoploss : 6219
Sell at / below: 6219 Targets: 6201 – 6182 – 6165 – 6146-6113
Stoploss : 6243
please note these all levels are sell below and buy above levels depending on market price action and level at particular time supppose at 1400 Hrs NF is trading at 6115 and tends to move up in such case call will be buy at and above 6113 sl 6089 for targets 6246 – 6165 – 6182 and so on so do not think that why we are advising to buy at low .
chunnu sa …spinning top at 200 DMA in bank nifty ..will we expect reversal confirmation I mean long red candle today ??