Ohhhh!....I was very confidant ehwn I said y'day to go long @ 3550 with sl @ 3530....but noise was negative everywhere so was watching silently....most of the voices were not saying long y'day I saw...again nifty was as I was expecting.......cheers....! from 3550 to at least 3614 ( which is imp point according to me) .....gained 64 points without any effort...so cool....( if somebody was that much smart he would have extended his gains up to 3635 as it was next point after 3614 ..I have mentioned well in my earlier post..if so then gain is just short of century....and there was enough time at opening to go long @ 3550...(THIS LAST SENTENCE IS FOR THEM WHO TRADE MARKET IN BOOKISH WAY)....so no excuse was there...!)For today....3614 is first resistance and my sl for positional short calls given y'day on my "QUOTE nQUOTE"box..(OF COURSE SL IS ON CLOSING BASIS).....if it passes then 3635/3666 next point to watch.....and on lower levels 3560 is very important point to watch ..then as much discussed 3526/3493.......if 3493 breaks and close below then need not to cover shorts......
For today if it is below 3614 in first half an hour then go short with 3614 as sl.....for first tgt of 3560.....if gap down and not breaking 3560 then go long fot intra with 3560 as sl for tgt of 3595/3614.....if gap down and below 3560 watch trend for some time and go short with sl 3560.....see whether 3526 is protected if yes then cover short positions partially.....go long there with sl 3493....
Today support @ 3560/3526/3493.....resistance 3614/3635/3666
good luck!
