iCharts Discussions

[sraj]

WORLD MARKET

World Markets all are having some invisible nervousness, and our nifty spot also has some resistance around 5040, 5070, so some nervousness and selling pressure may come in up side, better to be 50% profit in your holdings, try for that

NIFTY SPOT

Today if nifty spot breaks 5020 then further up move may come, but continues up move may have some nervous due to important indicators are in over bought situation and we have some important resistance around 5040 and 5070, so better to be profit in up side, and don't go for fresh long now, wait for some time,

And if there is any down fall that will be get support around 4900 to 4850 range, so we can accumulate our script for next move around here, today if nifty spot breaches 5011 then further down fall may come and 4995 to 4990 may act as good support, below this range nifty spot may come down as per today’s levels

NIFTY SPOT TODAY’S LEVEL

NIFTY SPOT ABOVE 5019 TARGET 5032, 5044, 5059, 5069, 5076, 5091, 5100

NIFTY SPOT BELOW 5011 TARGET 4995, 4968 TO 65, 4948, 4936 TO 932, 4917, 4899 TO 4881, 4846 TO 4838, 4799, 4725, 4672

SCRIPT TO WATCH

JINDAL STEEL

BUY ABOVE 656 (IF SUSTAINS WITH VOLUME) TARGET 671, 678, 700, S/L 635

THANKS
SARAVANABALAAJI

[SwingTrader]

PLEASE POST YOUR LEVELS IN THE CORRECT FORUM. WHY ARE YOU POSTING YOUR VIEWS ON MARKET DIRECTION IN THE STRATEGIES SECTION? PLEASE POST THESE IN THE "MARKET DIRECTION" SECTION.

LET ME KNOW IF YOU WANT ME TO CLARIFY MORE ON THIS.

ANYMORE POSTS POSTED LIKE THESE IN THE WRONG SECTION WILL BE DELETED.

[SwingTrader]

This topic has now been moved to "Market Direction" section. sraj, make sure you post these type of topics here in market direction only.