Treasure Hunting Map ( Nifty ) - 12thWonderful day for traders yet again we minted in tons and our predictions and warning yet again proved to be very right and see the results are in front of you.....
As soon as nifty crossed 4950 levels we had a non stop rally till 5000 levels and the bulls took charge of the game and they were the winner in the end, now the next hurdle for nifty is at 5050 levels as we have been warning like always and if this hurdle is crossed then we can try to attempt to make a new high....
Tomorrow some important data are popping up on screen and if data are proven to be negative then markets might over react and we might see a dip as per we have a hurdle at 5050 levels so be careful with longs, only cross of 5050 levels would prove to be the bulls charge and bears might sleep for some time so as to get recharged....
The King of Markets are supporting the markets and we are taking supports and making our attempts for recovery.....
Treasure Hunting Map for session as follows : -
Buy Nifty above 5025 - 5057 - 5083 - 5110 - 5156 - 5203 SL - 4980
Sell Nifty below 4968 - 4940 - 4912 - 4880 - 4863 - 4830 SL - 4995
Magic Levels for Long Side above 5085 - 4964 & Short Side below 5044 -4923
Nifty Resistance : - 5017 - 5030 - 5044 - 5084
Nifty Support : - 4990 - 4977 - 4963 - 4923
Nifty Resistance : - 5017 - 5030 - 5044 - 5084
Nifty Support : - 4990 - 4977 - 4963 - 4923
Dow Jones is trading flat to negative once again as per the SNP 500 levels are at 1093 levels, above 1095 the resistance arrives on screen, trading for the session can be very volatile and IIP numbers would play a major role in the markets movement....
IIP numbers would arive on screen at around 12 pm so trade with less quantity and let the markets decide its trend and moves and then only initiate your positions.
IIP numbers would arive on screen at around 12 pm so trade with less quantity and let the markets decide its trend and moves and then only initiate your positions.
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
http://twitter.com/moneybaghunt
Yahoo User ID - moneybaghuntDisclaimer : -
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
http://twitter.com/moneybaghunt
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