Sunday, March 28, 2010

 Nifty for the WEEK - 29 to 2nd April

Hello Pirates

As written in previous weeks report markets respected our levels and was trading in the same range and magic numbers which we had mentioned and duly touched and respected our magic numbers...

Most important week to decide the further directions of the market, will we see a new high and highs all together as Dow jones has made or we would start a correction which everyone was expecting, seems that time is testing the bears and bulls are loosing out there power but not ready to give up so easily, well global ques are playing a flat closing game in the past few sessions.


For the Session

Nifty Important Level – 5262 (Futures)

Nifty can touch - (Futures)

5304 - 5345 - 5367 - 5389 - 5431 - 5472

or

5240 - 5218 - 5177 - 5135 - 5113 - 5091

MOST IMP LEVELS  -  5202

Bulls Grip above 5371 & 5266

Bears Grip below 5336 & 5231
 
SO FOR THE COMING WEEK SHORTS CAN PUT A STOP LOSS AT 5336 AND WHO ALL WHO ARE HOLDING LONGS KEEP A STOP LOSS AT 5231 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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