Treasure Hunting Map - Nifty - 8th - 12th March

Hello Pirates

As we had predicted the markets for previous week, nifty touched and respected our levels and our weekly targets were duly meet.

Over all the Previous week was in full control of the bulls and they had there firm grip over the index, as I have said before also this is a roller coaster ride, this ride would be more enjoy full in the coming week and the unexpected would happening in the markets, in simple words, what you think of wont happen & some surprises can be seen in the coming week, we advice to book profits at highs instead of taking fresh long positions, buying is advisable only at dips....

Nifty Important Level for the Week – 5051 (Futures)

Nifty Bulls hands above 5050

Nifty bears hands below 5124

Nifty long brake out above 5160

Nifty Short Brake out below 5014

Nifty Important Level for the Week – 5040 (Cash)

Nifty Bulls hands above 5044

Nifty bears hands below 5133

Nifty long brake out above 5177

Nifty Short Brake out below 4999

Nifty can touch - (Futures) - Weekly

5136 - 5160 - 5184

Or

  5027- 5003 - 4960

Inflation numbers have been playing a major role in the development of the country and if index needs to test new highs then the inflation numbers have to come down instead of going up and if this happens then 2010 can make the unexpected moves of all time, March month has been over all a very crucial month as per the financial year is ending quarter four numbers would play a vital role in the upcoming months which would act as a booster for the market.

Watch out the levels which have been posted above for the upcoming week and trade with strict Stop Loss as per a HEALTHY CORRECTION is due in the market.

We would like to wish all the Pirates a very all the BEST.

Regards

Treasure Captain

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