NIFTY HAD MARVA-LESS JOURNEY AND CREATED ONE MORE RECORD. AS WE PREDICTED NIFTY OPENED WITH POSITIVE NOTE AND CONTINUED ITS POSITIVENESS AND CROSSED EVEN 8180 LEVEL. EVEN THOUGH IT HOLD OUR POSITIONAL STOP LOSS, DAY SL WAS BEATEN WHICH WAS MENTIONED AS 8160.
THE STRONG CURRENT IN MOVING WAVE, IS SO STRONG, IT FUSED OUT TECHNICAL CALCULATORS. NO INDICATORS HAVE BEEN CARED OR RESPECTED BY THE RIDERS AND THEY ARE TRYING TO HIT NEW HIGHS. NOW ONLY WE CAN PRAY FOR THIS RIDE SHOULD NOT BE CLOSE WITH HEAD-COLLUSION.
DAY CALLS:
WE HAVE GIVE 2 LONG CALLS AND 2 SHORT CALLS. OUT OF IT LONGS MET THEIR TARGET. TWO SHORT CALLS TRIED FOR TARGET WITH OUT HITTING ITS STOP LOSS.
LONGS: SUPRAJIT : BUY > 125 TRG 133 SL 120
ACTUAL: LOW : 129.05 HIGH 133.60
PATEL ENG: BUY > 105 TRG 109 SL 103
ACTUAL: LOW: 105.50 HIGH: 109.50
SHORTS: TATAMOTORS: SELL < 508 TRG 500 SL 514
ACTUAL: HIGH: 512 LOW: 503
PNB: SELL < 941 TRG 928 SL 949
ACTUAL: HIGH: 948 LOW: 934
AS MARKET PLAYED WITHOUT ANY RETRENCHMENT, MANY DAY TRADERS MIGHT HAVE NOT ENJOYED THE TRADE. LET US HOPE FOR BETTER TOMORROW AND WISH YOU ALL THE BEST.
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