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NIFTY Intra-day plan - 20-May-08 |
daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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Post: #1  Posted: Tue May 20, 2008 8:02 am Post subject: NIFTY Intra-day plan - 20-May-08 |
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NIFTY outlook for intra-day: Range bound
Likely NIFTY future range for the day: 5080-5110 in lower side, 5160-5180 in upper side.
Strategy for intra-day: Try to catch 20 points up or down moves. Market may not have much direction today. If NF trades below 5110, then one can expect down ward momentum.
Disc: NIFTY ranges are not for using as short or long targets. I am not responsible for any loss due to SL hitting. |
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eagleseyes
White Belt
Joined: 24 Aug 2007
Posts: 56
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| Post: #2 Posted: Tue May 20, 2008 9:42 am Post subject: |
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| thanks das sir..but this does not mean that u do not come to shoutbox |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #3 Posted: Tue May 20, 2008 10:12 am Post subject: |
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| SBI future has open high. may fall today. NF resistance level 5135. INFY may do well today. |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #4 Posted: Tue May 20, 2008 10:16 am Post subject: |
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| Hope you have seen dip in SBI after pull back. and NF pull back from 5135 around!! |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #5 Posted: Tue May 20, 2008 10:18 am Post subject: |
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| see SBI is still falling!!!!!!!! |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #6 Posted: Tue May 20, 2008 10:28 am Post subject: |
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see INFY now. how it is out performing market  |
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eagleseyes
White Belt
Joined: 24 Aug 2007
Posts: 56
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| Post: #7 Posted: Tue May 20, 2008 10:33 am Post subject: |
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saw ur message a bit late ..so could not take due actions  |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #8 Posted: Tue May 20, 2008 10:52 am Post subject: |
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| eagle you know better than me. SBIIIIIIIIIIIIIIIIII |
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eagleseyes
White Belt
Joined: 24 Aug 2007
Posts: 56
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| Post: #9 Posted: Tue May 20, 2008 10:53 am Post subject: |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #10 Posted: Tue May 20, 2008 11:04 am Post subject: |
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| INFYYYYYYYYYYYYYYYYYYY |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #11 Posted: Tue May 20, 2008 11:12 am Post subject: |
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| hope all of you got befitted by my views on SBI and INFY and NIFTY levels |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #12 Posted: Tue May 20, 2008 11:21 am Post subject: |
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INFYYYYYYYYYYY. I am loving it
NIFTY future critical level is 5126-5130. it has to trade above this level for fresh up move.
That's where one can look for shorting opportunity. |
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eagleseyes
White Belt
Joined: 24 Aug 2007
Posts: 56
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| Post: #13 Posted: Tue May 20, 2008 11:28 am Post subject: |
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| o das sir |
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neilabcd
White Belt
Joined: 08 Sep 2007
Posts: 4
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| Post: #14 Posted: Tue May 20, 2008 11:30 am Post subject: perfcttt |
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| da perfct on nifty...SBi...and infyyy |
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daytrader007
White Belt
Joined: 09 Aug 2007
Posts: 170
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| Post: #15 Posted: Tue May 20, 2008 11:34 am Post subject: |
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Please play short safely. I myself is not playing. i told about technical resistance level. and market it at the lower expected ranges.
hope you have seen market took turn from 5125. please book 75% profit if you are short as early as possible. and be safe. i am not saying market will move up. but be safe. |
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