Treasure Hunting Map ( Nifty ) - 5thYet again a minting and mind blowing day, at last we saw the green close on the cards, yet the bears are weakened for some time, but the bulls are at a charge, now for the up trend to continue we have to close above 4850 levels for a swing and relief rally, this rally is gonna sustain for some time period and we may test some new highs also, we are moving and reacting as the global ques are reacting, so the complete game is with the global markets as per the results are out and there impact is also out from the market now, we would move as per the trend of the world markets now, so do keep steps very carefully at every stair case you jump upon to.
We would like to cut it short as per time is fast and we have to act more faster......
Treasure Hunting Map for Nifty : -
Buy Nifty above 4735 - 4764 - 4790 - 4817 - 4867 - 4916 - 4930 SL - 4695
Sell Nifty below 4648 - 4637 - 4611 - 4561 - 4530 - 4511 - 4485 SL - 4683
Magic Levels for Long Side above 4795 - 4669 & Short Side below 4753 - 4627
If we look at the data today : -
Previous close - 4563.90
Opening bell - 4567.30
Days low - 4565.00
Previous close - 4563.90
Opening bell - 4567.30
Days low - 4565.00
Things to keep in mind for the week are : -
1. We have to close above 4860 levels for super charging of bulls.
2. Cross of 4950 would make us touch 5030 levels ad above 5050 - 5080 we can attempt to brake 5150 or a new high for the year.
3. If we brake 4550 levels, we can attempt to touch 4400 - 4350 levels and breaking 4350 levels would change the trend and we are bearish for the rest of the sessions and that would create panic also in the market.
4. We have to have an increase in volumes as per we had crashed with volumes but attempt for green is not with volumes.
5. Global ques would play a very important role in the up coming rally and do focus on telecom sector could be the next participant in the rally.
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 - moneybaghunt
1. We have to close above 4860 levels for super charging of bulls.
2. Cross of 4950 would make us touch 5030 levels ad above 5050 - 5080 we can attempt to brake 5150 or a new high for the year.
3. If we brake 4550 levels, we can attempt to touch 4400 - 4350 levels and breaking 4350 levels would change the trend and we are bearish for the rest of the sessions and that would create panic also in the market.
4. We have to have an increase in volumes as per we had crashed with volumes but attempt for green is not with volumes.
5. Global ques would play a very important role in the up coming rally and do focus on telecom sector could be the next participant in the rally.
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 - moneybaghunt
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