Nifty
Future closed around 6070 levels down by 45 points. Nifty futures yesterday shown
profit booking after directionless movement & choppy trading. It first found resistance around 6150,6120,6100 level yesterday & took support around 6050 level, strong opening. it found resistance around 6200. SGX nifty is trading +35 points up
& nifty future around 6105. For market this is Make or brake moment Bull & Bears both pushing their max to win for them. We just seeing choppy & directionless movement in market for max of 20 to 30 points to each side. 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 6100, 6120, 6150, 6200 support around 6050,6020,6000 levels.
NIFTY INTRADAY SCIENTIFIC CHART 18'th OCT 2013
(Expected to happen during market timing)
The
chart Shows Expected Nifty movements and in bottom their is time with
hour & minute format. chart shows time with 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.
Nishant Jani
Nishant Jani
9374083399
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