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Friday, October 30, 2009

For 30 Oct 2009

 


As said y'day 4730 protected well.....and those who followed me taking long near 4730 might have gained.....y'day I projected levels 4730...4780.....4780...4825....see y'day's nifty behaviour was same....hits 4818 and there was big fall at the end......
For Friday i have already mentioned y'day resistance wall @ 4865/4874/4883....more precisely....take it as 4862...4897...
If 4814 crossed well then 4830...and 4862 on cards..
if today close above 4830 then this counter rally may show nifty @ 4920...
For friday I suggest..
BIAS---POSITIVE
RANGE---4730...4785...4814...4830...4862
STRATEGY...LONG @ OPENING WITH SL 4814/4785
(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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