Treasure Hunting Map ( Nifty ) - 23rd

Hello Pirates

Nifty has been playing games with the nifty players now, its a roller coaster ride, but with god's blessings we are able to provide the best service as we can....

We had sent a message to all on Thursday, that Friday the markets are gonna be positive and despite all the global markets being negative and we slipping down and going down, our magic was seen on screen and nifty had recovered from its lows and closed at its highs....

Our levels for the month for nifty were also proved to be right and brake below 5010 had lead to a hit on target of 4950 and above 5050 we hit on target which was 5080, we have been providing the best levels as we can.....

Now for the week one has to have close eyes on 5080 - 4920 and most of all 5125 on the upside, it we are able to cross 5125 then a hurdle and a last chance for the bears would be at 5165 levels which when broken would lead to a over brought zone and a target of 5230 on the screen....

We would like to cut short and Treasure Hunting Map for the session as follows : -

Buy Nifty above 5080 - 5100 - 5120 - 5145 - 5180 - 5220 SL - 5040

Sell Nifty below 5010 - 4992 - 4970 - 4945 - 4927 - 4905 SL - 5055

Magic Levels for Long Side above 5124 - 5017 & Short Side below 5088 - 4981

Nifty Resistance : - 5060 - 5076 - 5088 - 5124 - 5155

Nifty Support : - 5040 - 5028 - 5016 - 4980 - 4894

For tomorrow if nifty is able to cross 5080 with volumes then a we would see 5125 and 5145 levels on the cards and if we brake 5050 levels with volumes then we can find next support at 5010 - 4980 - 4940 levels

We would not advice to take fresh positions at current levels as per soon we are heading to over brought zone and this can act as a trap for investors and if some correction is seen from high levels that correction would trap all in the web and markets would be in over sold zone soon from over brought zone, and we are also heading towards expiry so trade with strict stop loss as per volatility is gonna increase more....

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

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