Nifty outlook , trading levels 31 March 2014. Positive to gap up opening is expected with too much possibility to gap filling and flat to negative closing today. 15 mins candles at sgx nifty are started at top and closing in red… same direction and momentum may take NF towards 6730 6720 till 3.30 PM http://prntscr.com/35nryq if fresh buying will emerge or short covering will take place then nifty may close at or above 6740 also …we will track it continuously and post real time updates accordingly at chat room Dhanvarsha . Nifty eod chart is showing upside range breakout but MFI is falling which is contrary to up move proving that something is cooking and we may be sitting at bubble which may burst at any moment there fore advising to trade cautiously .RBI policy may trigger buying /selling in market due on 01 Apr 2014 till then trade seeing intra day moves …
Trade in Nifty futures as per these levels
Buy at / above: 6785 Targets: 6802 – 6823 – 6844 – 6864
Stoploss : 6765
Sell at / below: 6765 Targets: 6747 – 6727 – 6706 – 6686
Stoploss : 6785
stay at chatroom to get free real time calls / updates which may help in planning trades http://dhanvarsha.in/chatroom/
few old chat updates
[×] [o] admin: kailash123p@yahoo.co.in (3/28/2014 11:02:16 AM): LT futures trading at 1272 BOOK 50 % means gain of rs 7000 per lot keep sl 1282 for remaining qty call was kailash123p@yahoo.co.in (3/28/2014 9:30:41 AM): SELL lt futures at 1286 85 sl 1300.10 tgt 1260 1240 http://prntscr.com/34s9ly
[×] [o] admin: crude traded at 6092 bang on tgt gained 2200 rs per lot call was kailash123p@yahoo.co.in (3/28/2014 3:59:30 PM): SELL crude at 6114 sl 6136 tgt 6092 http://prntscr.com/34u3cz
[×] [o] admin: ng traded at 270 bang on target gained 2500/- per lot call was 28 Mar 14, 03:38 PM [×] [o] admin: SELLng at 272.10 40 sl 274.20 tgt 270.10 genuine claim ….. nothing wrong capital requirement 7300 bas …..http://prntscr.com/34tq24
weekly bn candle closed 60 % above upper bollinger …possible move towards center bollinger can not be ruled out ..It happened in past but what will be next we will see in few days …
Nifty outlook , trading levels 31 March 2014