Sunday, March 21, 2010

 Nifty 22nd March 2010

Hello Pirates

Time is in your hand in the form of a wrist watch but you cann control time by the help of the adjustement button on it but REAL TIME will be REAL TIME ^_^ which cannotbe controlled and changed by any one !!!

For the Session

Nifty Important Level – 5268 (Futures)

Nifty can touch - (Futures)

Above the mentioned levels bulls  -  5278 - 5288 - 5295 - 5302 - 5312

or
 
Below the mentioned levels bears - 5261 - 5254 - 5244 - 5234 - 5227

MOST IMP LEVELS  -  5214 - 5177

Bulls Grip above 5292 & 5265

Bears Grip below 5283 & 5256

Expecting a Gap down opening in the morning & below 5170 for 5 minutes can welcome the bears, as per SGX nifty 5180 was the low and closed at 5195, but Asian Markets would play a important role in the 1st half and in the 2nd half European markets would come to play....
We don't advice to create any LONG POSITIONS at current levels, markets have given a false brake out, we are awaiting for DOLLAR INDEX to pull back and Fii's are buying since one week which doesn't mean that they would not unwind there positions, BE CAREFUL YET AGAIN....

EVERY ONE GETS A CHANCE TO EXIT

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

Regards

Treasure Captain

www.moneybaghunting.blogspot.com
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