Thursday, October 7, 2010

07-oct-EOD Report,And some position for Tomorrow.

I had to go out during trading hour,but its good to see the 6138 line was touched by nifty future, which i was given before.

But till now there is no panic at all..
Though expecting nifty future can touch 6106( Pink Line ) level tomorrow, and a sharp bounce back expecting from there.

Nifty future should close above 6125( Green Line, just above pink line ) level tomorrow also
for further up move..
Failing to do so, then panic will start.
As i said in earlier post also, nifty future should close above last high ( 6248 ) in this week closing, so that this current up move can continue through next week also.
Failing to do so, nifty future can go for deep correction up to Approx 5910 level, rather it is to early to say this level..

I have to go for more deep study to work out others nearest possibilities.

Will try to post more possibilities before market hour tomorrow..

PINK LINE--6106
GREEN LINE --6125

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3 comments:

  1. RajagopalOctober 7, 2010 at 8:11 PM

    Dear Siddarth,

    My first visit here. My good wishes & thanks for your good work. Just clarify:

    "close above last high ( 6248 ) in this week closing, so that this current up move can continue through next week also" & "Nifty future should close above 6125( Green Line, just above pink line ) level tomorrow also
    for further up move." - since tomorrow is the last week day.

    If possible educate me on the wonderful option stratergy @ lvaadhoc@gmail.com

    ReplyDelete
  2. ChandraOctober 7, 2010 at 10:10 PM

    Hi Siddarth Dhar,

    My first visit to your blog. Thanks for your service & support.
    Chandrabose

    ReplyDelete
  3. Siddharth DharOctober 11, 2010 at 9:42 AM

    @ all..

    Thanks for good wishes ..

    @ Rajagopal sir..

    I will definitly mail you..

    Sorry for late reply..

    ReplyDelete

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