Road to 5400 again

[HULK]

Well Well as we had seen till now nifty cross both the speed breaker today for road to 5400 mark.
Today Nifty surprises me as well, as I am thinking abt today nifty high would be around 5325-5340 & on Wednesday it will berk all level but it seems to be nifty is in more hurry for breaking the 5400 mark.

Is it a new high again 5600 Mark with 18500 index? :thumb:

 

[HULK]

Today after looking EOD still Nifty Long call is intact now. Cash nifty has strong support @ 5265 & then 5185.

I think we are moving ahead for 5600 Mark, still not yet clear but in couple of days definitely it will be clear.:thumb:

 

[HULK]

Banknifty first target achieved i.e 9700 & heading towards the next one 9800 mark. Today we might see Nifty play in range bound area with some profit booking

 

[HULK]

Yesterday we had witness Nifty Play in range bound area till 2 P.M and then some profit booking had happen from 5350 level.

Today again in morning hours profit booking will be continue, we might see Nifty fall up to 5275-5265. Today afternoon is crucial one.

 

[HULK]

Yesterday we had seen some positive closing after morning Nifty fall. Still the next trend is not yet clear on Chart. Today Morning Hrs. also we will witness Nifty Play in range bound area.

 

[HULK]

At present Nifty has support of 5310. I can smell nifty is breaking the range in afternoon and touch 5375 and then everything is smooth 5400

 

[priyabalan]

Re:

Hi
I am holding NF JUly short @5331. Pls advise if i can hold the short and when to exit the same.

 

[HULK]

Dear

It is wise to do not trade today, as today is last date for rollover. Hence cut ur deal when u are in small profit or in small lose.

 

[HULK]

If nifty cross 5315 hold ur postion
:thumb: and cut ur deal in profit

 

[priyabalan]

hI

You mean to say nifty spot goes below 5315 then i should hold hold to my short position. If so when should i exit because nifty has already below 5315

Thanks