Treasure Hunting Map ( Nifty ) - 23rd Dec

Hello Pirates

If we look at the data today nifty open low was same thus we took a chance to slip down but the low was not broken thus the whole day we had the same old session a dull session and in the last only we saw some moves.....

If nifty has crossed the barrier of 4985 but not able to cross 4995 today also, nifty until and unless is trading above 4933 levels, we would be in a fight between the bulls and the bears and above 5080 only nifty can take a run and bears wont have a chance on the cards......

Treasure Hunting Session for tomorrow would be as follows : -

Nifty trading above 5000 levels will try to touch 5020 levels and below 4972 can touch 4946 levels, these are very important levels for the session, so watch out either sides.....

The king of the markets was not as supportive as it was yesterday and its data also was same but in the opening session we saw a sell off and if broke the lows and recovered from lows but the buy call was not activated......

Steel shares have been a boom in todays session, we had given a punter call which was sail and it blasted like wow and trading at its highs for the year......

Pre Market Levels

Buy Nifty above 4985 for a target of 4991 - 5004 - 5013 - 5022 - 5035 - 5048 SL - 4960

Sell below 4969 for a target of 4960 - 4947 - 4934 - 4925 - 4916 SL - 4995

Dow seems to go for a new high but our Indian Markets are still dull and showing no moves at all, operators are now operating the index seems and volumes are also not upto the mark.....

Nifty Can touch 5005 - 5020 or 4968 - 4946 for the session

Global ques would be affecting the further moves for the session......

Over all nifty is in over sold zone and macd signals are also negative, Dow jones in trading flat to positive, if we look at SGX Nifty its closing is at 4993 (-3) points.

CLOSING ABOVE 4980 levels is favor of bulls

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

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