Time Tuned Nifty
Time Tuned Nifty for 15 to 25 April 2015
As per my perception, tomorrow is the last day for the current move. Day range looks to be 8910-30/8820. If 8820 is taken, 8660 will be the key for close, roughly. Time for peak could be at 1100 or 1300 roughly.
Anticipating Nifty to hit 8910-30 and then dip back to 8820, where it may see a struggle. But if it is going to be a stylish C, it may just shave it as a heap of sand and move to try a close below 8660.
Aim will be to get a short position as close to 8930 or at 1300 hrs with SL of 9120 initially till 8820 is decisively taken.
Low zones are likely to come on 20/23/25 of this month.
All the best.
Time Tuned Nifty for 15 to 25 April 2015
As per my perception, tomorrow is the last day for the current move. Day range looks to be 8910-30/8820. If 8820 is taken, 8660 will be the key for close, roughly. Time for peak could be at 1100 or 1300 roughly.
Anticipating Nifty to hit 8910-30 and then dip back to 8820, where it may see a struggle. But if it is going to be a stylish C, it may just shave it as a heap of sand and move to try a close below 8660.
Aim will be to get a short position as close to 8930 or at 1300 hrs with SL of 9120 initially till 8820 is decisively taken.
Low zones are likely to come on 20/23/25 of this month.
All the best.
First time visiting this blog.very interesting sir
ReplyDeletethnx sir,will take short position now with stop of 9120 spot.
ReplyDeleteNifty really tune to your command.. xlnt analysis of nifty , no word to describe your prediction....too goood
ReplyDeleteThanks for the appreciation @Suvikara, Rashmi and AJ
ReplyDeleteHi falcon!any chances of nifty revisiting 8830 again.I just couldn't sq off my positions as tied up with something.
ReplyDeleteIf you get tied up at such crucial juncture, re-consider trading. There are always chances for everything. 8830 may get re-visited and there could be chances of a new high even.
ReplyDeleteGet into the habit of putting SLs on your positions when things are expected to reverse. Resistances are now at 8785-90/8805-10/ and 8830. See where you can get rid of them.
Thankyou
DeleteThankyou
ReplyDeletethnx falcon sir.was able to get out of 8800pe at 107 and took 9000 ce shorts at 20.planning to shift 9000 ce to 8700 ce.
ReplyDeletewarm regards
Nifty Low .. Time Zone you have mention is 20/23/25.. Just need clarification either of any one date market will hit low or all three date market will be down ... With Final Low On 25TH ...
ReplyDeleteIt means that ideally on all these days a low should be made. BUT...not necessarily a lower low. Implying e.g. that the lowest point may come on 20th itself and 23 and 25 make a low on the rise subsequent to that and these lows may be higher than the low made on 20th.
ReplyDelete