Nifty closed 6236 levels up by 15 points. Nifty futures yesterday shown little gains with help LT & Metal shares. SGX nifty is trading -31
points down
& nifty future around 6205. We just seeing
choppy & directionless movement in market for max of 20 to 30 points
to each side many time. So Traders to take position if they find clear trend
& exit if trend reversal is their. One should stay away if trend is
not favorably to them or misguiding. Profit margin & Stop loss
should be lesser in this kind of market. Nifty find resistance round 6220,6250,6280 support around 6200,6180,6150 levels. You find our chart going up but don't confuse yourself it will go up after stabilizing with Gap-down as SGXNifty suggests. Traders should do this minor adjustments which we always talk about. Don't forget as per our chart from 23'rd you see minor profit booking & 24'th Major profit booking.
Events for Tuesday (October 22, 2013):
Coromandel International, Wipro, ING Vysya Bank, Yes Bank, Cairn India and Indiabulls RealEstate to post quarterly results
NIFTY INTRADAY SCIENTIFIC CHART 22'th OCT 2013
(Expected to happen during market timing)
NIFTY INTRADAY SCIENTIFIC CHART 23'th OCT 2013
(Expected to happen during market timing)
(Expected to happen during market timing)
NIFTY INTRADAY SCIENTIFIC CHART 24'th OCT 2013
(Expected to happen during market timing)
(Expected to happen during market timing)
Chart Shows expected Nifty movements and in bottom their is time with
hour & minute format. chart shows trend & trend is our
friend. If you don't find trend according to chart then stay away.
"STOP GAMBLING & START INVESTING"
For
any clarification mails are always welcomed. We also welcome
suggestions from your side to improve ourselves. Do mail to us
janinishant@gmail.com
Nishant Jani
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