Ultimate Target ,5309-5566 (Complete correction from High of 6336 to 2228 )
Have a eye on 5168-5208 level.(Unexpected Buying above 5208 will start ,it will have to close above this level for 3 consecutive days …then 5327-5367 )Yesterday I written below 5206 will slide to kiss 5161-5152 level.
-Trading is an art….and we should use eyes and always use commensense.
-Just see it kissed 5155 & closed at 5168 level.
Now ,Today What to expect ?
-While Updating SGX Nifty is 5206.
-So ….What to do ?
-Just watch 5229 level.If crosses with volumes will take to 5254-5270 level in Intraday trade.
-Have a eye on 5229 level.
Alert :Always remember 3 & 7 DEMA will act as major support/Resistance.
-Support exist at 5152-5134
-7DEMA :5125
-Hrly chart indicates “Bull Bear Fight” will continue upto 13:00 hrs…Bull’s will have upperhand.Manipulation in many stocks will be done by Fund Managers (Cash stocks) rigging of price.From 13hrs till end session it will be Widow Market.Just go home and be ready for late night party !!
