Treasure Hunting Map (Nifty)

Hi Friends

Nifty once again has made history and yet some sessions are left to create histories in the up coming sessions.

Nifty has closed on a neutral note, and close below 4820 levels has shown profit booking at high levels.

Now nifty has to brake 4730 to go and tank and the control be in the hands of the bears and the bulls can take over only above 4855 levels and once we cross 4890 and 4920 levels, the bulls would be making new history in the up coming sessions.

Treasure Hunt Map for the session can be : -



Buy nifty above 4823 - 4837 - 4853 - 4869 - 4883 - 4896 SL - 4812

Sell below 4793 - 4777 - 4764 - 4750 - 4734 - 4718 SL - 4815

As of now wait and watch situation is the best strategy, as per for the week the trend is finalized and we are at a range bound situation, now only above 4855 the bulls would have the control and if we brake 4730 levels we would be tanking in tons, as of now the bulls and the bears would have a fight together.

Volatility is likely to increase and a green and red light would be seen in Nifty in the coming sessions for the week, as per Dow Jones is back on track and we are gonna follow the Global ques for the coming days, if Globally we are at rally then expect the same from our markets to or else if they dip and tank we are gonna tank bigger then them.

Nifty may consolidate for few sessions before making all time new highs and touching 5000 mark.

Trade with strict stop loss in the coming sessions.

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