Treasure Hunting Map ( Nifty ) - 26th

Hello Pirates

Nifty has been moving as the magic words were written and we would like to thank god for helping us in our work and supporting us with blessings, if we look at the Nifty charts on Intra Day basis, nifty is at over brought zone and the RSI arrow has turned down words, but if we look at the weekly charts then RSI and indicators are still positive and nifty is still not bearish, but we would call it a fight between the bulls and the bears, and its consolidating at dips for a big run in ahead of time.

Magic Levels as said have proved its magic, we had also said that markets are very volatile and as expiry is near we might see some highly volatile sessions, despite of Dow trading in red and Asia crashing into bear hands, we saw the greenry in our markets as we had said and markets were able to close at a green note in the end of the day.

Important levels to watch out for the session are 5145 - 5165 - 5183 -5225 on the upside and on the down side 5088 - 5075 - 5046 - 5013

Treasure Hunting Map for the session is as follows : -

Buy Nifty above 5110 for a target of 5123 - 5137 and above 5152 can touch 5167 - 5182 Stop Loss - 5085

Sell Nifty below 5080 for a target of 5063 - 5048 and below 5040 can touch 5033 - 5018 Stop Loss - 5103

Magic Levels for Long Side above 5141 - 5092 and Short Side below 5125 - 5075

Nifty Resistance : - 5113 - 5119 -5124 - 5140 - 5167

Nifty Support : - 5102 - 5097 - 5091 - 5075 - 5048

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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