Treasure Hunting Map for Nifty

Hello Friends

So all are set for another treasure hunt which is going to rock once again.

Wont take much time and brief upon the market, so if we see the Friday session, nifty has given a close at 4580.05, which is a nice close but a war between the bulls and the bears is still on.

Treasure Map for nifty for the coming session which is 17 of August is : -

Once we would like you to show the Chart which can give you an whole brief upon the game and how to perform and take steps accordingly.


If we look at the charts, it shows that we are low at volumes and for the bull run we have to close above 4730 levels and the fight between the bulls and bears would be over only when we close above 4620 levels where after the bulls become more strong, but on the down side bears may take over if we brake 4550 levels we may test 4480 levels and if that support is broken then we may test 4444 and 4380 levels where the bears are more stronger and the bulls become more week.

If we look at the map one can buy nifty above 4590 - 4599 - 4612 - 4630 - 4650 SL 4575

Sell nifty below 4570 - 4553 - 4539 - 4526 - 4510 SL - 4580

The nest day session would be decided upon the closing bell on the charts, as of now we see a bearish move, and as we had seen some downside all of a sudden in the last hours, we may see some downside, but the fight will still go on between the bulls and the bears.

So trade with Strict Stop Loss and timing is everything. start booking profits at high levels and buy at any dips when we see some correction, start selling in small quantity selling in the sense book profits and start accumulating bags at any dips.

Disclaimer : -

The above mentioned information are my personal views, one may trade at there own risk.