Friday 30 November 2012

Trading the nifty on 30th November


Trading the nifty on 30th   November

The Nifty has done well on the last trading session. Now the question is how well it would stay in the upper zone or will it sustain these levels. However in the coming session the nifty is poised to clear some more hurdles and see a higher level. The pivot level is at 5798. Therefore if the Nifty opens up  well above the pivot level  then 3rd and 4th  targets could be seen.
NIFTY
Target
1st
2nd
3rd
4th
S/L
Buy above
5811
5824
5837
5850
5863
5811
Sell below
5786
5773
5761
5748
5736
5786

Happy trading!

Thursday 29 November 2012

Trading the nifty on 30th November


Trading the nifty on 30th   November

The Nifty has d one well on the last trading session. Now the question is how well it would stay in the upper zone or will it sustain these levels. However in the coming session the nifty is poised to clear some more hurdles and see a higher level. The pivot level is at 5798. Therefore if the Nifty opens up  well above the pivot level  then 3rd and 4th  targets could be seen. 

NIFTY
Target
1st
2nd
3rd
4th
S/L
Buy above
5811
5824
5837
5850
5863
5811
Sell below
5786
5773
5761
5748
5736
5786

Happy trading!

Trading the nifty on 29th November


Trading the nifty on 29th   November

As I write this the Asia pacific is in the green. The DOW too has done well. We can expect  our market to see more highs today.   For the traders I would like to suggest the following levels for trading.
NIFTY
Target
1st
2nd
3rd
4th
S/L
Buy above
5719
5732
5745
5757
5770
5719
Sell below
5694
5681
5669
5657
5644
5694


Happy trading!