FREE NIFTY TIPS

P K CHAUDHARY
ceo Nifty T3 Terminal

Dated 24-05-2013 Analysis : Short term trader should have trailing stop 6045 & watch nifty spot if close above 6075 then take long position with stop loss 5980 for target of 6148 or even higher.

Dated 20-05-2013 Analysis : Ohh so for nirfty if moving according to my expectation one nifty close below 5950 trailing stop loss will be 6175.

Dated 20-05-2013 Analysis : As I mentioned yesterday nifty will give first signal today it has done i think so. Trader must be ready for big fall in near term. All support will be broken in this downfall swing.

Dated 19-05-2013 Analysis : Once market move upward to first resistance point 6219  area in spot. It’s fact that in B leg we should go up to 6277 in spot technically.

In my calculation if we talk nifty future maximum it can move upward 6277 then magical down move will start.
So bull trader must be alert !!!!!!!!!!!!!!!!!


The Nifty closed in the positive today. It is now expected to head higher till 6,219 with support around 6128 in the short term. The key supports in the immediate run will be around 5,910 and resistance will be at 6219.The Nifty has taken support at the lower end of the range between 5,970 and has also broken the range on the upside, which indicates strength in the short term. The Nifty’s short-term bias would remain positive until it closes above 6130 for a target of 6,277. The medium-term outlook also changed to positive, as the index started forming higher tops and higher bottoms on the daily chart. It also formed a bullish island with support around 6130.On the daily chart, the index is trading above the 20-daily moving average (DMA) and the 40-DMA,  respectively. On the daily chart, the momentum indicator is trading in the positive. On the hourly chart, the Nifty is trading above the 20-hourly
moving average (HMA) and the 40-HMA, ie , which are the crucial intra-day levels. The hourly momentum indicators turned into positive.

Trader can start to take short position with stop loss 6360 from CMP to 6277 for target of 5689. 



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1 comment:

  1. Great, genuine post: Suggested examining for everyone. Thanks for providing information. Keep modifying, energized for more content.
    Thanks Anand

    ReplyDelete