Treasure Hunting Map 19th Jan 2010What an magical session we had today, being all the asian markets Trading in RED and being attacked by the bears, our index opened at a gap down note with a gap in the charts and then had a non stop jump till 5290 levels on intra day charts.
Sgx Nifty was trading around 5220 levels and if one had made a note of the Weekly Long brake out levels, then one may find the magic numbers and see the numbers speck from them selves, our projected for Intra day were duly respected and all the levels were hit & 5220 weekly long brake out worked well.
Dow is closed for the session and in the session we saw Banking stocks having a support hand over the index and even the king of the markets had huge buying support which made nifty to hold down to its legs and have a stand on the floor, nifty is trading in a tight range of 5220 - 5290 levels.
Weekly Important Point - 5241
(Make a note of it IF not noted)
(Make a note of it IF not noted)
Important Levels to watch out -
5265
Nifty can try to touch
5279 - 5295 - 5308 - 5321
or
5250 - 5237 - 5221 - 5205
Nifty Strong above 5302 and Brake down below 5238
Pre - Market Call
5265
Nifty can try to touch
5279 - 5295 - 5308 - 5321
or
5250 - 5237 - 5221 - 5205
Nifty Strong above 5302 and Brake down below 5238
Pre - Market Call
Nifty buy at 5281 with stop loss of 5257 targets 5293 - 5306 - 5318 - 5330
Nifty sell at 5257 with stop loss of 5281 targets 5245 - 5233 - 5221 - 5209
Neutral Session can be Expected
with
HIGH VOLATILITY
DOES ANY ONE KNOW HOW MANY TIMES WE TRIED TO GO ABOVE 5300?
dIsInVeStMeNt oF sToCkS
O MY GOD !!
wHAT'S nExT
Nifty sell at 5257 with stop loss of 5281 targets 5245 - 5233 - 5221 - 5209
Neutral Session can be Expected
with
HIGH VOLATILITY
DOES ANY ONE KNOW HOW MANY TIMES WE TRIED TO GO ABOVE 5300?
dIsInVeStMeNt oF sToCkS
O MY GOD !!
wHAT'S nExT
Weekly Levels to watch for Long Side are 5318 - 5220
Weekly Levels for Short Side are
5285 - 5187
Will the same magic can be witnessed in the coming sessions also, or a surprise is on its way, what will happen, what should we do now, go long at this point or go down, Dow is closed how will be the opening tomorrow, will we cross 5300 ??
THE KEY TO THE LOCK IS 19TH JANUARY 2010
Weekly Levels for Short Side are
5285 - 5187
Will the same magic can be witnessed in the coming sessions also, or a surprise is on its way, what will happen, what should we do now, go long at this point or go down, Dow is closed how will be the opening tomorrow, will we cross 5300 ??
THE KEY TO THE LOCK IS 19TH JANUARY 2010
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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