Positional nifty trading

Nifty spot must hold 4960 for at least 2 more trading session to take it to 5062.

Else it must decisively break 4935 to enter short.

Today's target of 4970 convincingly achieved. Happy trading.:clap:



Nifty technicals:
Negative biased for long term
Positive for short term

Nifty is struck in range. Long term bearish below 4865-4875.

Intraday(18 jan): if preopen is near to 4970 initiate short with sl4978-80 target 4940 & 4914
else... ask for targets later.........

Intraday targets to short 4969. Long above 4987

TARGET 4940 convincigly acheived in intraday......

HAPPY TRADING..... :clapping:

Long above 5012
sell below 4970

what ever comes first....

:clapping:

Risk taking traders can short now @ 4997 with stoploss of 5007

Exited at 5022..... very weak trading..... sideways...
Hopeless market for the day....

RISKY TRADER CAN TAKE STBT Nifty futures.....

Tomorrow's technical view:

EXPECTED TOP or BOTTOM
TOP :5052
BOTTOM: 4970

RANGE BOUND MARKET WITH POSITIVE SHORT TERM BIAS
AND NEGATIVE LONG TERM BIASED.

PCR RATIO AND OI STARTED SHEDDING. EXPECT MARKET NOT TO SHOW TOO MUCH MOVEMENT.

SUGGEST YOUR VIEWS.....

EXACT TARGETS WILL BE GIVEN BEFORE MARKET OPENS.... TILL THEN ENJOY.....:clap:

INTRADAY :
Long above 5063
sell below 5026

Hi Folks!!!!

Technical view on Nifty:
I guess today is the last day for market to go up. From here it will surprise you as majority of my technicals are showing trend change from tomorrow.

Mark my word.... Any close below 5022 will change the trend. hoping it will close below it.else range will be intact.

If market does not close below this then tomorrow top will be near 5076. and trend will reverse from tomorrow then.

Let's see how it happens.... Please give your views so that i can improve the way of telling things. Do you like this post.... ????