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Tuesday, October 29, 2013

30 -10-2013 NIFTY

WE WILL CUT OUR POSITION TOMORROW IF ANY GAP DOWN ITS OPPORTUNITY TILL 6070

SO I WILL CUT MY SHORT  ANY WHERE BETWEEN 6110 TILL 6085  & I WILL GO FRESH  LONG FROM 6070 TILL 6040

AS PER OUR PRICE TARGET WE CUT OUR SHORT @ 6096 & STARTED LONG BUT NOT  ABLE TO GET BIG  QTTY BUT WE ARE NET LONG 

REFERENCE 

LAST TIME @ RBI BEFORE  EVENT  MARKET WAS BULLISH & ON EVENT PROFIT BOOKING CAME & THIS TIME MARKET IN CORRECTION & SHORT COVERING CAME ..

O 6100 H 6237 L 6080 C 6231 AVG 6163 \
TODAY AS SOON AS MARKET CROSS 6150.AFTER THAT NOT A SINGLE CANDLE DONE CORRECTION AT ALL & CLOSE HIGH OF THE DAY. IN 15 MIN OF LAST 7 CANDLE 6205 WAS CONTINUES LOW THIS WILL BE FIRST SUPPORT


FII DATA :-

TODAY FII NET LONG EVERY THING CASH INDEX & EVEN SHORT GOOD QTTY OF PUT

FII NET LONG INDEX OI BY 3.75 LAC

CONCLUSION 

WE WILL GO LONG TILL 6205 & 6175 TILL TAHT MARKET WILL BE IN GOOD PHASE & 1 ST RESS IS 6298 & 6325


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