Thursday, January 23, 2014

Nifty "stalling" at the break-out point..


6 comments:

Hemanth said...

will weekly trend emrge tommorow..or day trend changes week trend..eagarly waiting to see :)

ITradeForProfit Daily said...

@All Blogmates,

In today's pre-market review master had not mentioned any number higher that 6350. Master had also termed this break out as tentative. And master had also mentioned the support levels and cautioned everyone about the developing/unfolding 'e' wave.

If Bears open the Nifty tomorrow below 6325 and breach 6305 6285 then one should be reminded of Sujata madame's couple of statements this afternoon.

Hope everyone is positioned accordingly.

mynac said...

Dear Sanjay,
No doubts..The EOD Table shows.firm bullishness...nevertheless,"Bakra kab tak khair manayega? cause, from weekly point of view,how long Nifty shall remain in Rising Wedge Pattern in an uptrend?...Let us see Tomorrow...

Janak said...

Option Call for 24-01-2014
Buy Nifty 6300CE above 83 for targets of 94, 106 SL - 77
Buy Nifty 6400PE above 77 for targets of 88, 106 SL - 72

Sanjay wrote the above on his blog: at the moment SGX NF down by 50 pts - so 6400PE will hit 106 at the open?

rajiv malik said...

sgx nifty down by 61 points......when was we saw such a fall recently ? what could be the extent of nifty gap down tomorrow ?

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