Treasure Hunting Map (Nifty)

Hi Friends

Nifty showed some impressive moves and made new highs of the year, once again nifty has made new highs for the year, and if tomorrow also nifty is able to close above 4780 marks then in the coming days nifty would be making more of new highs and become a bull run in the coming sessions.

Nifty was in a range bound situation, but it has cleared all the gates by breaking them all and making new entrants, nifty is likely to touch 5000 levels by this year, if the bull run is clearly indicated and the global cues are in our favor.

To cut it short if we look at the map a clear sky is being seen, so which indicates that, there is nothing bad news as of now in the coming days, so we feel if reliance industries helps a boost for the market we are likely to test more of new highs.


Buy Nifty above 4786 - 4822 - 4841 - 4861 - 4897 - 4932 SL - 4750

Sell below 4731 - 4711 - 4675 - 4640 - 4620 - 4600 SL - 4655

If tomorrow also we are able to close at highs, then we can make new highs in the coming sessions and if one is into profits, book profits at highs, may be if the global ques are not in our favor we may undergo an correction and this time the bears would take over a heavy control, today session the Americans markets were shut, thus we were free to fly in the air, but such lucky days are not seen on daily basis sessions, thus waiting and flying with the trend is a good choice but book your flights at the peek and go with the bears in the end with the trend reversal.

The major levels 4730 and 4750 have been crossed in todays session.

In our previous articles if you had made a note we had said that,

So one can start buying in small quantity from 4550 levels til 4350 levels to see a bounce back from either levels and sell at a rally, and do keep a stop loss at 4350 levels on closing basis, sooner or later markets would recover as we had said earlier a warning that sooner or later the markets are going to see a sell off and the result is in front of you all.

Here are the results and you can thus get the performance level also, we rocked.

We would like to wish all the Pirates a very all the BEST.

Disclaimer : -

The above stocks are my personal views, one may see that trading in the market involves risk and thus one may trade in the stocks at there own risk, we won't hold any responsibility.

Regards

Treasure Captain
www.moneybaghunting.blogspot.com