Treasure Hunting Map On Nifty

Hi Friends

If you see our previous post, you must have noticed that if we brake most important levels, we can test 4380 levels, and if we check out the low for todays session, its low was 4387.

We gained in the red market also, it doesn't matter if we are green or red, if we trade with the air we will win always and here was the result in front of you.

Treasure Hunt for the session 18th August is : -

Firstly we would like to show you a chart, which can brief you more on the market trend and the danger which has formed, this time the fight between the bulls and the bears might get over for tomorrow and bears may take over the ground and we may see some bearish zones in the market.

The chart is as follows for nifty : -


Nifty has formed a mountain, which shows the fight between the bulls and the bears, as one can see the fight as of now between the bulls and bears is over, when we trade over 4420 levels we may get a round of fight between the two once again and for the bull run to continue we have to close above 4730 levels, but as of now for tomorrow most important levels to see is 4360, which once broken can make full control in the hands of the bears and we may test 4100 levels also, after which we may decide is any chance of reversal or we are heading to that gap fill which we had warned you before also in our previous articles.

There are many Winners and losers in the gamble, but if we count on numbers then there would be few winners and the number of losers would be more than the winners, thats why if you have to win the game one has to think and play with eagle eyes, the one who can win can also lose but hunting with stop loss can make you catch your destiny.

So follow the air but run ahead of time.

The hunting map is : -

Buy nifty above 4450 - 4483 - 4519 - 4540 - 4580 SL - 4420

Sell nifty below 4370 - 4350 - 4315 - 4279 - 4242 SL - 4405


Nifty has formed a mountain and the trend in currently down side, crude oil and world markets have shown some correction, our markets were in a range bound situation and we were not able to cross 4730 levels to continue the control for the bulls as per we were low in volumes, now that we are slipping again, we might see some more downside and the downside can be a range bound situation and this time when we bounce back, we would have to have volumes in the market as per the major draggier for the market was low on volumes, this time the volumes would have to increase other wise the gate wont open.

Hope all enjoyed our bags of gold and followed our map and made a successful hunt.

Rock on Pirates, here we start yet again another HUNT.

Disclaimer : -

The above mentioned information are my personal views and the above mentioned information is for educational purpose only, one who is following the information in there hunts are trading at there own risk, we wont hold any responsibility.

Regards

Captain Treasure