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Friday, July 8, 2011

NIFTY STRATEGY - JULY 8TH

Three Consecutive close above 5641+Weekly close will take to 5794-5845 & there after nonstop rally upto 6000-6051.
28th Week will see Unexpected level.
Yesterday ,We had written above 5643 level it will zoom to kiss 5659-5664 & there after 5702-5707 level……Not ruled out.
-CROSSED all levels and made Intraday high of 5751.60 & closed at 5744.
Just read very carefully :
After Hitting  a low of 5182,Our levels for Trading were :Above 5208..Target were :5288-5314-5394-5420—5526 & there after 5608-5634 level.
And then we had written 3 Consecutive close above 5641 will take to 5794-5845 level.
(Yesterday already zoomed to kiss 5752 level )
Now ,If u say……..Any Day we had written Mandi or written to go short then read twice any writeup  about NF !
(Stoploss might have triggred twice or three times …yes loss of 20-30-40 points ,But see Trend Followers……had minted unexpected money of life )
 Yes ,Just see from low of 5182 never breached 3DEMA ,7DEMA levels.
Day Before Yesterday written watch 5616 level if breaks then only problem it kissed 5617….and see the the rally !
Till Today ,Not crossed Upperband of Bollingerband in this rally !
Yes ,It will kiss this level & there after 5845
Like we were writing three consecutive close above 5641 will take to above levels.
Now Suppose closes above 5845 level for 3 Consecutive days +Weekly close will take to 6000-6051 level.
-Yes ,From Monday (27th Week )will see unexpected level in Nifty Future.
3DEMA :5693 ,7DEMA :5643
Time Goal Days indicates :14th Session will see some unexpected level.
Now ,SGX NF @ 5773 level.So to kiss our first target of 5794 level….just 20 points left.
-We are not short ,but will go short with level and will take risk too-
-Around 5785—5800-5820  level ,Will go short FRESH !
Our Stoploss will be 5845 level on 3 closing basis.
Our Risk will be of Rs.40-50 points
(Trading is an art ,No need to be in Hurry …Trade with levels mentioned and this strategy is for Lion Heart Traders )
Suppose Today kisses 5785-5800-5810 or xyz & Starts falling
Then ..what are support levels ?
Will remain short overnight ?
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