Friday, August 19, 2011

Nifty Weekly Trading

Atlast after 4 days my Net start working.

All credit goes to BSNL.

Nifty in the meanwhile compltly knocked out & close at a low of 4944.

Now my chart showing a bounce back soon.

Today we may again witness a gap down opening near to 4850 levels,as DOW & other european market sell off badly near to 5% last night.

Try to buy Nifty close to 4800-4830 sl 4750 T-4950,5000

Book profit as per market condition & carry position only on a close above 5050.

Can buy 4800 ce near to 50-60 with sl of 4750 nifty spot target double.

Also can start buying 5200-5100 Ce of sep. series near to 4800 & below also.No sl

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