Time Tuned Nifty
Time Tuned Nifty for 27 October 2014
The candles that relate to muhurat trading may play their part for some time, however, assessments still are needed to formulate trading decisions.
Today nifty touched 8064 right at the opening and.remained under pressure for rest of the day.
As I perceive, the immediate low zone should show up around 1045-1100 hrs. Subsequent high should come after 1215 hrs, although the time cannot be specified as of now.
Readers should remember that significant reversal may be held till 30 October 2014 afternoon hours. Going by the targets of the WWs that I talked about in niftytradesetup.blogspot.com, expectations of 8210 should be considered.
All the best and trade with caution.
Intraday Update
Next immediate High zone scheduled between 1145-1200 hrs.
Low zone afterwards, should come after.1200 hrs tomorrow.
Update 2:
Continue with longs till 1315 with appropriate SL.
Update 3:
Continue holding longs till 1410, Stricl SL at 7999 spot.
Update 4
Continue holding longs till 1515 hrs. SL same.
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