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Wednesday, June 15, 2011

NIFTY STRATEGY - JUNE 15TH

-Yesterday ,We had written above 5516 will take to 5542-5551 level.
-It kissed 5535 & closed at 5515.80 level.
-Day before Yesterday bought 5500-5600 call and still holding long !
Now ,What to expect ?
-Yes ,U have to watch 5516 level.Above this level…………Target intact of 5542-5551.
-Suppose ,Not Today but once it will cross 5551 with volumes then next Target :5577-5586 level……….!!
-Above levels are valid till NF not breaks 5437 level.
Watch :5505 level.Decisive break below this level will take to 5487—–5481———5463.
-101% its a Dead Market only.No volumes at all.On rising Day volume is lowest.
-If Rallies…..upto 5600 ,5650 …Great for Bears !
-Only 3-4 stocks favouring Bulls :ITC ,HLL ,INFY !
-Still more pain left in SBI ,RIL ,TATA MOTORS !!On Rise Sell Only...
-Will Update more to our Subscribers during Trading hrs.