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SMALL ATTEMPT TO LOOK IN TO THE FUTURE.... DO YOU KNOW WHAT IS GOING TO HAPPEN TODAY & TOMORROW? WHAT WILL HAPPEN IN MARKET BEFORE A DAY, A WEEK OR A MONTH?NIFTY TODAY TOMORROW IS ACTUALLY AN ATTEMPT TO BECOME PROFITABLE VENTURE. TODAY’S PROFITABLE TRADING IS MUCH EASIER AFTER KNOWING TOMORROW’S TREND. SAME TIME IT BECOMES A NIGHTMARE TO TRADE WITHOUT KNOWING TOMORROW’S TREND.

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Tuesday, September 24, 2013

NIFTY Advance Scientific charts for 24'th & 25'th Sep 2013

Yesterday Nifty closed around 5890 mark. SGX nifty is trading -5. We expect market with flat bias. Nifty take support around 5870 to 5850 and find resistance at 5920, 5950. Overall nifty looks weak and may test 5800 level in during fortnight. Target is 5500 during October expiry. Today we might see small bounce from 5870 to 5850 level. This bounce is only for limited expiry time & roll over position carry forward time. One should avoid extreme long or short position in this kind of highly volatile trading days. For today 5850 is important level we might bounce from there and 5927-5940 resistance to cross.
NIFTY Advance Scientific chart  24'th Sep 2013
 NIFTY Advance Scientific chart  25'th Sep 2013

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