Treasure Hunting Map ( Nifty ) - 29th DecHope all have had a nice weekend and a long time to relax in between the closed session, well to jump start the session, here is a picture which would shock you all, its a must see ....
High 5300 Low 5000
Sgx Nifty has made a high of 5300 and a low of 5000 in todays session, but our markets were closed for the session thus we missed the biggest dream coming dream for the day and for the week also, this could had been our new year gift.....
Over all Nifty has made a 3rd attempt to cross 5185 levels on closing basis but failed to cross teh levels and thus as before we saw profit booking at higher levels....
For the week, we have to cross 5260 on closing basis for a long run ahead for the bulls and may find resistance at 5210 - 5235 levels
Until we are trading above 5110 levels we are in the favor of the bulls and break below 5110 would lead to 5061 as the immediate support and below 5035 bears would take over the court and may take revenge for a deceptive move by the bulls.
Sgx Nifty has made a high of 5300 and a low of 5000 in todays session, but our markets were closed for the session thus we missed the biggest dream coming dream for the day and for the week also, this could had been our new year gift.....
Over all Nifty has made a 3rd attempt to cross 5185 levels on closing basis but failed to cross teh levels and thus as before we saw profit booking at higher levels....
For the week, we have to cross 5260 on closing basis for a long run ahead for the bulls and may find resistance at 5210 - 5235 levels
Until we are trading above 5110 levels we are in the favor of the bulls and break below 5110 would lead to 5061 as the immediate support and below 5035 bears would take over the court and may take revenge for a deceptive move by the bulls.
For the Week NIFTY may touch 5197 - 5284 or 5061 - 5011
Over all expiry is near and many people are watching out 5300 and 5400 levels on the cards, but after such a big bang, nifty might get back to a range bound situation and consolidate for the coming days....
The range for nifty comes out to be 5235 and 4950, over all either side brake out would favor the bulls or the bears, important levels for the week are mentioned below
The range for nifty comes out to be 5235 and 4950, over all either side brake out would favor the bulls or the bears, important levels for the week are mentioned below
Bulls - 5210 - 5235 - 5260 - 5335
Bears - 5160 - 5135 - 5110 - 5035
For the session global ques would play an important role and if we look at the volumes, they were not upto the mark as compared to the 4% return seen on Wednesday...
Over all get all set for a big surprise and a deceptive move, we had warned earlier also about a deceptive move and a xmis gift, hope all enjoyed the xmis gift, now wait for 3 more days for a new year gift
Bears - 5160 - 5135 - 5110 - 5035
For the session global ques would play an important role and if we look at the volumes, they were not upto the mark as compared to the 4% return seen on Wednesday...
Over all get all set for a big surprise and a deceptive move, we had warned earlier also about a deceptive move and a xmis gift, hope all enjoyed the xmis gift, now wait for 3 more days for a new year gift
CLOSING ABOVE 5235 WOULD FAVOR THE BULLS BELOW 5110 BEARS
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
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
Live Conference at www.treasurebag.ning.com
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