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Friday, July 1, 2011

NIFTY STRATEGY - JULY 1ST

-June series over ,Massive rally in last 9 sessions.NF from 5182 to 5653.80 level.
-Jump of 472 points !
-From last 3 days we had recieved many mails and SMS that we were highly Bearish with target of 4700-4300 level…so what happened ?By NOV 15TH U Will See It
-Many times ,we had written read our write up with eyes open and never bark.Yes we were bearish…but for these levels to come our condition was it should close below 5330-5300 level.
-After closing below these levels it will confirm break of Neckline of H& S.
-Manipulative fall on 20th June -5182 (with rumours and nonsense talk of Mauritius tax treaty….Bla Bla )
-Neckline was broken on Intraday basis.But  not on closing basis.
-Then we had written from 5608 to 5182…….we see corrective rally ,Our Targets everyday were :5288–5314——then 5394-5420 & there after 5500-5526 level.We thought this rally will over at 5500-5526.But then taking risk of 20-30 points suggested to go short !
-On Wednesday ,We had flashed watch 5581 level during trading hrs…But it had never broken.
-Yesterday too updated and written watch 5608 level (after it kissed 5637 )…but for less then 10 second it kissed 5603 & taken sharp U-turn !
-Yes from 5500-5570-80 level we thought rally will mature (loss of 70-80 points ,stoploss were triggred )But ultimately from 5230 to 5500 & then in last 2 session….great money minted by our Subscribers….No worry @ all.
-Remember one thing ,Above 5641…..if able to close for 3 consecutive days and then not breaking this level……….Our Upper Target mentioned in chart on card !!
-Yes ,These levels are for Trend Followers only.
Above 5634…….No worry for Bull’s
Intraday will try to kiss 5665–5683
There after ………Watch Rally upto 5714-5740.
Today at 5700-5715-5725 ,Will go short Fresh !
(Yes …Watch falling Trendline from peak of 5971 )
-We think …Today’s high will not see next week -
-Dont want to go short ,No worry….wait for our Reversal point-
-Day Before Yesterday it was 5581 ,Yesterday it was 5608-
-Shorting needs extreme talent and we don’t trade blindly-
Crucial Support at :3DEMA -5599 ,7 DEMA -5527.
Will Update during trading hrs ,Once it takes REVERSAL from High point.
Intraday levels ,More Information to our Subscribers