Sunday, March 21, 2010

 Nifty for the WEEK - 22 to 26th March

Hello Pirates


Global ques have been on a green note for continuous and the unexpected is not happening, for the current week closing nifty gave a green close, with due respect nifty respected our levels and the weekly levels which were predicted in the last weeks article were dully hit.


For the current week global ques and dollar index has be watched out as per expiry is near and one has to trade with strict stop loss or else there would be major problems, we are in a dangerous zone and confusion is being created for all, it can be a trap as bulls are not loosing there grip and bears are not attacking with force lets see how is the expiry going to be in the coming week....


For the Session

Nifty Important Level – 5220 (Futures)

Nifty can touch - (Futures)

5278 - 5335 - 5366 - 5397

or

5190 - 5159 - 5101 - 5044

MOST IMP LEVELS  -  5177

Bulls Grip above 5371 & 5226

Bears Grip below 5323 & 5177
 
SO FOR THE COMING WEEK SHORTS CAN PUT A STOP LOSS AT 5323 AND WHO ALL WHO ARE HOLDING LONGS KEEP A STOP LOSS AT 5177 BELOW OR ABOVE THE MENTIONED LEVELS THE WINNER FOR THE EXPIRY WOULD BE DECIDED.....
 
We would like to wish all the Pirates a very all the BEST.

Regards

Treasure Captain

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