Time Tuned Nifty
Time Tuned Nifty for April 2015
The current rise from 8269 is likely to continue till 15 April 2015. The high of this move may be made anytime between 1200-1300 hrs on that day. Subsequent move will be a fresh down move or a correction to the current move will be visible later.
For now, Bulls should tighten the SLs on 15th. Bears should hold their horses till 15th 1300 hrs before entering positions with appropriate SLs.
The targets I am looking at are 8840/8940/9030 on the upside and 8400/8350/8200 on the downside after 15th. If the low starts, it may end or make the first halt on 24th roughly.
All the best to the readers.
PS: I am going to be very busy these days to be able to provide much help on the updates. Readers must keep appropriate cover for any positions taken.
Time Tuned Nifty for April 2015
The current rise from 8269 is likely to continue till 15 April 2015. The high of this move may be made anytime between 1200-1300 hrs on that day. Subsequent move will be a fresh down move or a correction to the current move will be visible later.
For now, Bulls should tighten the SLs on 15th. Bears should hold their horses till 15th 1300 hrs before entering positions with appropriate SLs.
The targets I am looking at are 8840/8940/9030 on the upside and 8400/8350/8200 on the downside after 15th. If the low starts, it may end or make the first halt on 24th roughly.
All the best to the readers.
PS: I am going to be very busy these days to be able to provide much help on the updates. Readers must keep appropriate cover for any positions taken.
Thank a lot falcon sir.Tuesday is 14th.Guess you are talking about Wednesday the 15th of April.
ReplyDeleteWarm regards
Pleasure.
ReplyDeleteI have already removed the references to the days to avoid confusion.
Thanks for the timely post.had it not been for you I would not have taken positions near 8269.Maybe you can elaborate on how you calculate your levels someday!
ReplyDelete