(19th April 2010 , 1:08AM) Today for sure our key level of 5235 for 16th april 2009 will be broken nifty bounced back twice from those level to the new higher highs then bounce back to lower levels for sure nifty would open gap down below 5235
now the level to watch for comming week and Today is 5170
suppose nifty break or comes near level 5170 and bounce back
then bull will still have an upper hand / strenght in the market
"ON BOUNCE BACK COVER YOUR SHORTS AS PER ABOVE CONDITION"
"ON BOUNCE BACK COVER YOUR SHORTS AS PER ABOVE CONDITION"
if in any case nifty manage to close below 5170 Today as well as tuesday
the bear party will conti... they will rock the show
close below 5170 ... will be breakdown on nifty as said before also
which can wipe out 200-300 points in nifty (4900 or lower levels possible)
IF NIFTY SPOT MANAGE TO CLOSE BELOW 5170 GO FOR FRESH POSITIONAL SHORT ON NIFTY WITH STOP LOSS 5235 CLOSING BASIC AND TARGET 4900 OR BELOW
FURTHER VIEWS WOULD BE UPDATED ONCE MARKET OPEN'S
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(10:44AM) COVER NIFTY SHORT CMP 5190 ON SPOT
WE WILL RE-ENTER AT HIGHER LEVELS OR BELOW 5170 TILL THEN COVER YOUR SHORTS AS OF NOW
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(11:30AM) NIFTY NOT IN A MOOD TO RE-COVER STILL
WE WILL SHORT ONLY BELOW 5170 LEVEL ON NIFTY SPOT
TILL THEN JUST WAIT AND WATCH
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(11:58AM) BROKEN 5170 ... HOPE ALL TAKEN SHORT
TIGHTEN YOUR SEAT BELTS WE ARE READY FOR EMERGENCY LANDING
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(1:06PM) NEED NOT WORRY NIFTY ABOUT TO FALL
HOLD SHORTS WITH STOP LOSS OF 5235 NIFTY SPOT CLOSING BASIC
CAN ADD MORE AT CMP
--------------------------------------------------------------------------IF NIFTY SPOT MANAGE TO CLOSE BELOW 5170 GO FOR FRESH POSITIONAL SHORT ON NIFTY WITH STOP LOSS 5235 CLOSING BASIC AND TARGET 4900 OR BELOW
FURTHER VIEWS WOULD BE UPDATED ONCE MARKET OPEN'S
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(10:44AM) COVER NIFTY SHORT CMP 5190 ON SPOT
WE WILL RE-ENTER AT HIGHER LEVELS OR BELOW 5170 TILL THEN COVER YOUR SHORTS AS OF NOW
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(11:30AM) NIFTY NOT IN A MOOD TO RE-COVER STILL
WE WILL SHORT ONLY BELOW 5170 LEVEL ON NIFTY SPOT
TILL THEN JUST WAIT AND WATCH
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(11:58AM) BROKEN 5170 ... HOPE ALL TAKEN SHORT
TIGHTEN YOUR SEAT BELTS WE ARE READY FOR EMERGENCY LANDING
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(1:06PM) NEED NOT WORRY NIFTY ABOUT TO FALL
HOLD SHORTS WITH STOP LOSS OF 5235 NIFTY SPOT CLOSING BASIC
CAN ADD MORE AT CMP
(2:56PM) AS GUILDED YOU AT 1:06PM TO HOLD AND ADD MORE
SHORTS NEAR 5205-5210 LEVELS ... NIFTY COOL-OOF AGAIN
CMP 5286 ..... ENJOY .... NOW AGAIN LEVEL TO WATCH 5170
CLOSEING BASIC .... CONT... HOLDING SHORTS WITH
STOP LOSS OF 5235 CLOSING BASIC NIFTY SPOT
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(3:13PM) OUR LEVELS ARE PURELY MAGIC LEVELS
ONCE BROKEN ... EVEN IF ANY THING HAPPEN ONE SHOULD NOT GO AGAINST IT
BEAR PARTY TO CONTI.....
KEEP HOLDING SHORTS
WITH STOP LOSS 5235 CLOSING ON NIFTY SPOT
FOR MUCH LOWER TARGET
THAT ALL FOR TODAY I NEED TO LEAVE AGAIN
WILL POST EOD NIFTY SPOT DURING LATE NIGHT