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Monday, May 21, 2012

RELIANCE CAPITAL - - FOR TGT 335

RELCAPITAL : BULLISH BREAK OUT WITH VERY HIGH VOLUME. 
Stop Loss : 282 Target : 335 (Short term)

NIFTY FUTURE - - Laxman Rekha at 4935.Support at 4871-4862-4827.In Panic -Will Buy ,Rally of 1-3-5 Days to Start !! - - May 21st

 
From 5300 level ,We were Bearish in Nifty Future …But nobody believed.
We were writing to buy 5200-5100 puts and RELAX !
Forget 5300 ,Three Consecutive close below 5019 level +Weekly close our Targets were :4813-4745 level.(Just show us 1 person who had told and written @ 5000 it will plunge to these levels)
Do U know on Friday it kissed 4767 level !!(Just missed by 50 odd points )
On Friday @ 4776 level……………..Boldly told to our Subscribers.
No shorting and square all your shorts.
*Stoploss 4762-4745….Buy Nifty Future
*Buy 5000 Call @ 15
Our Target for NF was 4848.There after will kiss 4884 level.
(Yes flared upto 4906 level and closed @ 4888.95 )
Do U know 5000 call from 15 spurted upto 31+ level in hrs only ( Money Doubled )
Thirsty Traders ,Today Just have a eye on 4920—-4935 levels will act as Hurdles !!
Now Suppose not crosses high of Friday i.e 4906 level then ?
Support at 4871—————————4862 level.
(Decisive Break below 4862 with volumes and stays below for 15 minutes will take to 4836-4827 )
-Real Strength above 7DEMA only -4917 level.
Our Weekly Box +Swing Chart indicates  the level of 4934 will act LAXMAN REKHA.
Yes ,Some Major Positive NEWS ………if happens then only it will cross this level of 4934.
Crossover and close above 4934 will take to 5035—–5068 level.
(Above levels are valid untill and unless NF breaks low of Friday i.e 4767 )
So just have a eye on 4934.Already Support levels we had mentioned !!
-More Details ,Intraday levels to our Subscribers