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
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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