Tuesday, May 26, 2015

My First Private Note

Time Tuned Nifty

Time Tuned Nifty for Jun 2015

Today on 26 May 2015, the fight was for 8365.9, which the bulls lost.

Tomorrow on 27 May 2015, the fight will shift to 8423.  Expected that the bulls will loose again.  A close above 8398 is highly likely.

1000-1015 could be the immediate high zone tomorrow.

The rising UTL lies at 8325 tomorrow and will also be the crucial level. 8345, 8450 and 8540 will remain crucial resistances for tomorrow.

27 May could be a possible high day for now.  28 May could be a day of low.

Currently, there are no high zones visible for Jun 2015.  The nearest significant high could be on 15 July and the peak may be around 08 August

There is one low zone on Jun 05/06 provided 8489 remains intact.  On that day, as low as 7990 could be targeted.

29 May 2015 1100 hrs

1145-1200 hrs is a possible high zone.  I do not expect Nifty to go beyond 8425.  Aim to go short between 8415-8425 for 8000.  SL will be around 8430, but will be kept mentally.

Jun/03-06 remains a possible low.

Today, the battle is for securing 8370 at close.  Let us see, who wins.

 03 June 2015 1230 hrs

The band of low has started from today.  Shorts should become cautious.  Critical zone is 8130-8140 and 7980-90.  If the former is reclaimed and sustained, initiate long.  Otherwise, remain on short side till 15 June 2015.

Today's close is critical at 8335.  Below this the bears will still have the upper hand. 

Extreme targets could be 9000 on the up and 7300 on the down side.

3 comments:

  1. Hi Sir, Can Elaborate Range For Next Series June.. High & Low Range.. If 8489 Cross Then Wat would be upper Tgt & Low 7990 Break Then Lower Side Tgt...

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  2. hello sir,nifty hs closed at 8432,ur inputs are awaited

    ReplyDelete
  3. So June 3 8130 reclaimed on close.

    ReplyDelete