Nifty Accumulation above 200 DMA is not bad …200 DMA is at 5981 above it bulls will dominate. 5981 to 6124 6197 zone is traders action zone . 6105 is 23.6 % retracement level . expect next week play between 5981 to 6197 spot . levels above and below these levels will create panic buying /selling ..maximum indicators are supporting bulls but market is trading below 20/50 DMA which indicates stay short or sell on rise but as 200 DMA is major/strongest support there fore we are advising to buy on dips till market will not break 200 DMA…once 200 DMA will break then to u can plan trades for 5800 5600 or even 5200 spot levels .
Yesterday we have advised to go long at 6000 with sl at 5888..
[×] [o] admin: SBIN traded at 1512 bang on tgt 1 gain 20 points solid na call email@example.com (2/14/2014 10:03:37 AM): BUY sbin f at 1493 95 sl 1483 tgt 1508 1528 1543>>>1600 http://prntscr.com/2sbb6z ab aap trade naa karo yaa 20 points na khao men kyaa karoon ???? i can plan trades for u dear traders
[×] [o] admin: 333 to 326 …ng traded at 326.10 it is advised >>firstname.lastname@example.org (2/14/2014 7:12:04 PM): ng traded at d top 333.90 now at 333 thoko on rise.. keep sl bas above 20 paisa from day high ie 334.20http://prntscr.com/2sdq68
Nifty Accumulation above 200 DMA is not bad