Friday, October 16, 2009
For 16 Oct 2009
So positional tgt given on last friday done ....5070 protected y'day....aqgain I say 5085 imp and then 5065....last hope for bulls 5050...if last level voilated then there might be break for current upmove though break out happened...
For Friday I suggest...
BIAS---positive
RANGE--- 5085...5105....5105....5120.....5120.....5152
ENTRY LEVEL---5085...5120
STRATEGY---
1)Go long in nifty @ 5085/90... sl 5065...tgt5105
2)Go long in nifty @ 5120...... sl 5105...tgt 5152
3)Go short in nifty @ 5152......sl 5180...tgt 5120/5105/lower
(NOTE---- Strategy doesn't mean trade.....but to think there for trade ...actual trade depends upon intraday updation......and if traded there what should be ideal sl?? it is shown as sl...)
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