Nifty Prelim Bullish Price objective at 6900.
Click here to view Chart (Point and Figure charting)
Showing posts with label MUHURAT TRADING. Show all posts
Showing posts with label MUHURAT TRADING. Show all posts
Tuesday, February 7, 2012
Nifty Prelim Bullish price objective at 6900
Nifty Prelim Bullish Price objective at 6900.
Click here to view Chart (Point and Figure charting)
Wednesday, October 26, 2011
NIFTY MUHURAT TRADING DIWALI OCTOBER 26 2011
After the announcement of The EU Summit being cancelled, Traders panicked due to which Eur/USD and Dow Jones tanked.
Muhurat Trading markets will open in positive since European markets have shown signs of stability despite procrastinating talks on EURO zone debt crisis.
However we should watch out for data during 5:30 PM and 6:00 PM which will bring in negative news for the markets since Data from New Zealand (Business Confidence Index) is assumed at 13.5 VS 30 MoM. Whereas Australian Consumer Confidence Index does not show much of a positive outcome. Therefore,
Our Nifty Levels are
5230 Resistance
5200 Pivot
5169 Support
Recommendation : Buy Nifty 5100 Call
Buy Nifty 5200 Put
Nifty should close around 5169.
Muhurat Trading markets will open in positive since European markets have shown signs of stability despite procrastinating talks on EURO zone debt crisis.
However we should watch out for data during 5:30 PM and 6:00 PM which will bring in negative news for the markets since Data from New Zealand (Business Confidence Index) is assumed at 13.5 VS 30 MoM. Whereas Australian Consumer Confidence Index does not show much of a positive outcome. Therefore,
Our Nifty Levels are
5230 Resistance
5200 Pivot
5169 Support
Recommendation : Buy Nifty 5100 Call
Buy Nifty 5200 Put
Nifty should close around 5169.
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