Monday, November 9, 2009

 Treasure Hunting Map ( Nifty ) - 10th

Hello Pirates

Nifty is getting volatile day by day and at last the bulls win the game and get the ball in there court....

Nifty is has recovered from its low and seems to be heading towards a new high, Reliance Industries the King of the markets are also participating in the markets rally and this participation is being a golden chance for out nifty also....

Nifty has crossed one major hurdle at 4870 levels and closed above these levels, but we have to close 2 days more above these levels and if are able to cross 4950 levels on closing basis then we can attempt to make an new high also and in the books of HISTORY.......

We would like to cut it short.....

Major Levels to watch out for are 4930 - 4960 levels above these levels markets can pull up words and breaking 4830 levels would make an attempt to refill to a lower side which can be head to 4730 levels also....

Treasure Hunting Map for the session as follows : -

Buy Nifty above 4915 - 4939 - 4959 - 4979 - 5017 - 5054 SL - 4875

Sell below 4860 - 4844 - 4823 - 4786 - 4749 -4728 - 4708 SL - 4889

Magic Levels for Long Side above 4962 - 4867 & Short Side below 4930 - 4835

Nifty Resistance : - 4908 - 4919 - 4930 - 4961
Nifty Supports : - 4887 - 4877 - 4866 - 4834

Major hurdle for nifty is at 4930 levels a bull has to cross these levels for a attempt to touch 5200 levels, for tomorrow expect a positive opening as per global ques are trading in green, lets see how the second half goes and how it opens......

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
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