NIFTY TODAY TOMORROW: Nifty & Tata Steel Outlook for 4'th Nov 2009 :-

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Wednesday, November 4, 2009

Nifty & Tata Steel Outlook for 4'th Nov 2009 :-

Dear Viewers,

Good Morning & Wish you Happy trading today............

Tata Steel ADVANCE SCIENTIFIC Chart 4'th Nov 2009 :-
(Forecasting this to happen during the Market Trading Hours)

Market is expected to open with some positive breadth or positive note. But inspite of good momentum nifty could not cross 4670-4680. it will loss its momentum after morning session.

Tata steel is closed yesterday around 445 mark. It may make high of 467-470 & low of 441-442 & close around 450 level.

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Wish you Happy trading................

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A WORD NIFTYTODAYTOMORROW CHART

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Nifty is Collection of Stock & indicator of market breadth. We find maximum calls for it. Generally Market Analyst predict market instrument in general way with traditional “IF” & “BUT”. “IF” shares rise to (X) level Then prices will up to (X+Y (resistance), still looks rising then (X+Y+Z(resistance). Share prices will be now Z level.

“BUT” share goes down from A level to support B(Support) level still brakes prices then new supportive price will be A-B-C is New Supportive price. Support & Resistance are never permanent. It changes day to day. Support & resistance is exists to broken. Generally Investor, Trader or analysts can’t decide which way market is moving that is only reason why Analysts always remains success full & trader always keeps trailing stop loss. Investor keeps losing his trading capital in hope to success.

Only God knows 100% & we are poor people. As a human being we may wrong at times. We all work together to rectify our mistakes. Our chart is without “IF” & “BUT” with advance prediction of market before market opens. We show chart with every minute trend with market. Hence maximum chances of wrong predictions at every minute & we are not hiding charts in “IF” & “BUT”. Nifty is highly volatile & combination of 50 volatile stocks. Which are also major concerns for us. If any of one stock gives erratic move then chart may be wrong. However proudly we have success ratio of 70% to 80%. We try to improve day to day this.

Still we request our followers to concern below mention things.

1. This is intraday chart & predicted & made before at least a week. So minor adjustment need to be done by Traders’.

2. Avoid First & Last fifteen minutes of market & let calm down the market. First or Last fifteen minutes are different zone.

3. Consider any major National or International events & their data to & their impact in charts.

4. Respect weekly, monthly, yearly high lows.

5. If you don't find trend according to chart then stay away.

6. Put appropriate trailing profit & stop loss in your trade.

7. Plan before you trade & stick to your trading plan.