Friday, October 8, 2010

08-oct-10--EOD..


Nifty future touched two pink line, 6110 and 6103, and from below pink line it bounce back--- I was posted it today morning at 9.10 am, that i can happen.. Its done..

Nifty future closed above 6125,no problem at all now..

On Monday, if nifty future can manage to stay above 6120 level and not break it,, then it will run up side..
My up side first target is-- 6306, and second target is 6339..

Two black lines up side--
1-- 6306
2-- 6339

Only NF Weekly chart is disturbing( not posted )..


4 comments:

  1. Hi,

    Very accurate & Good analysis. Congrats.
    Can u tell me how do u calculate the 6110 and 6103 support.kindly guide me.

    Regards,
    Gopkrish

    ReplyDelete
  2. @ siddharth
    good work.. and very nice reading/plotting :)

    i would just like to understand... how did you get the levels of 6103 and 6110?
    i do use a lil bit of technicals.. but thats more to do with candlestick patterns and moving averages.
    is it elliot waves stuff? cuz thats sumthing that i dont know.. and i plan to learn soon..

    would like to understand and learn from you a bit of this. =)

    Regards

    Arpit

    ReplyDelete
  3. hai siddarth,

    could you please elaborate the option strategy.
    thanks

    ReplyDelete
  4. @ ALL

    I am charting with EW and mixing with MA,Fibb,Chanel,OI of all option's and OI of future's.
    and am trying to add more..

    For option strategy-- i will work out soon..

    ReplyDelete