Nifty Weekly Analysis for 17th to 21st May

Hello Pirates

For the WEEK

Nifty Main Point – 5116 (Futures)

Nifty can touch - (Futures)

Above the mentioned levels bulls - 5145 - 5175 - 5221 - 5266 - 5296 - 5325

Or

Below the mentioned levels bears - 5070 - 5025 - 4995 - 4966 - 4920 - 4875

Nifty can try to hit

Above 5125 > 5147 > 5166 > 5234 > 5250

Below 5042 < 5025 < 5001 < 4934 < 4922

All the MAGIC NUMBERS for PREVIOUS WEEK

ROCK ON

RULES FOR MAGIC NUMBERS

EXAMPLE - Main point - 5102, 

Bears - 5086 - 5071 - 5046 - 5022 - 5006 - 4991

BEARS GAME

1. The MAIN POINT is 5102 below that welcome the BEARS & above the MAIN POINT welcomes the BULLS.
2. Below the Main Point welcome 1st BEAR which is 5086, which if brakes then welcome BEAR 2 which is 5071, now 5086 is BULLS and if BEAR 2 - 5046 holds then go long till BULLS 1 - 5086
3. Below BEAR 2 - 5071 welcome BEAR 3 - 5046 and this time BEAR 2 - 5071 are BULLS and if BEAR 3 - 5046 holds then go long till BULLS 2 - 5071
4. Below BEAR 3 - 5046 welcome BEAR 4 - 5022 and this time BEAR 3 - 5046 are BULLS and if BEAR 4 - 5022 holds then go long till BULLS 3 - 5046
5. Below BEAR 4 - 5022 welcome BEAR 5 - 5006 and this time BEAR 4 - 5022 are BULLS and if BEAR 5 - 5006 holds then go long till BULLS 4 - 5071
6. Below BEAR 5 - 5006 welcome BEAR 6 - 4991 and this time BEAR 5 - 5006 are BULLS and if BEAR 6 - 5006 holds then go long till BULLS 5 - 5006

 

AFTER THE CONVERTED BULLS ARE TAKEN THEN THEY AGAIN BECOMES BEARS...

BULLS GAME

Bulls - 5126 - 5151 - 5166 - 5182 - 5206 - 5231

1. The MAIN POINT is 5102 below that welcome the BEARS & above the MAIN POINT welcomes the BULLS.
2. Above the Main Point welcome 1st Bull which is 5126, which if cross then welcome BULL 2 which is 5151, now 5126 is BEAR and if BULL 2 - 5151 doesn’t cross then go short till BEARS 1 - 5126
3. ABOVE  BULLS 2 - 5051 welcome BULL 3 - 5166 and this time BULL 2 - 5051 are BEARS and if BULL 3 - 5166 DOESNT CROSS then go SHORT till BEAR 2 - 5051
4. ABOVE  BULLS 3- 5166 welcome BULL 4 - 5182 and this time BULLS 3 - 5166 are BEARS and if BULL 4 - 5182 DOESNT CROSS then go SHORT till BEAR 3 - 5166
5. ABOVE  BULLS 4 - 5182 welcome BULL 5 - 5206 and this time BULL 4 - 5182 are BEARS and if BULL 5 - 5206 DOESNT CROSS then go SHORT till BEAR 4 - 5182
6. ABOVE  BULLS 5 - 5206 welcome BULL 6 - 5231 and this time BULL 5 - 5206 are BEARS and if BULL 6 - 5166 DOESNT CROSS then go SHORT till BEAR 5 - 5206

AFTER THE CONVERTED BEARS ARE TAKEN THEN THEY AGAIN BECOMES BULLS...

PRACTICE ON PAPER IT’S EASY AS IT DOESN'T LOOK....

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

Regards

Treasure Captain

www.moneybaghunting.blogspot.com
http://twitter.com/moneybaghunt
Yahoo User ID - moneybaghunt 
Live Conference at www.treasurebag.ning.com