Nifty levels to watch

[amitt29]

Hey have these levels been reached today. okay dont worry , we may get a relief rally tomorrow.so get ready to exit then. Short term target of nifty is now 2529.80 . so take care . exit if we reach 3026-3046 on way up.
bye
ravi

Hi Ravi,good call.
I was long at the mid afternoon yesterday played out the morning highs.
I slightly differ with u on closing of Nifty,i think 2950 levels shud it hold,wud pan out nicely.
On a longer term 2900(i.e 1 month)Shud 2900 be breached it may cause lot of pain.

 

[ravi1967]

hai all, Nifty if it breaches 3086 can fall upto 2930, with intremediate supports at 3054 and 2955. so take care, if we cross 3144 we may reach 3200.
bye

 

[Trader123]

Hey guys,
3050 taken out on the intraday charts its obvious there is selling at higher levels.Watch 3037-3042 and 3005 today.however as long as 2950 2900 are not taken out i feel we neednt worry..

 

[ravi1967]

hai all,
the nifty is precariously poised. if it open below 3002, then we may touch 2952 and below 2930 a free fall to 2865. so be prepared to exit any longs.
bye
ravi

 

[ravi1967]

hai, i think all levels except 2865 were breached today. in case nifty(spot), falls below 2873 and recovers, please partially or fully book profit in shorts and wait for next direction to be clear.
bye

 

[ravi1967]

hai,we should close above 2926 today.otherwise it will be another day of downtrend on wednesday.
bye
ravi

 

[ravi1967]

hai all, all stocks are close to their downward target zones. as mentioned before, the next targets will be clear only after another 50 to 100 point fall in nifty.hence please do exit short positions till the next trend is seen, as there are chances that the market will bottom out at 2860 levels(spot).the up moves will be sharp and do not enter long positions till 3300 in Nifty is held for atleast 2 days in a row.
happy trading profits!!!
bye

 

[ravi1967]

hai, we must close above 2830 to be positive on a up move on thursday.if we close above 2860 ,we may reach 2956 on thursday. overall trend has become weaker and there seems to a rumour of a scam in offing.so take care of your portfolio holdings and please do not buy for averaging it.
bye
ravi

 

[ravi1967]

hai, we are in a confirmed downtrend.please exit any long positions held upto 75% of your portfolio.The Nifty levels to watch are 2811 on the downside . the cash purchase made by FII's are purely arbitrage play between cash and futures and is intended to increase volume in the market to enable them to sell .so take care and dont get trapped. the market will touch a new low most probably this week.On the upside due to pure money play the market will touch 3046 during this week.
bye
ravi

 

[ravi1967]

hai,please do view this file and decide. we may touch 2504 this week.
bye