Monday, October 18, 2010

18-oct-10--EOD.

Nifty future, turned back from near 6000 level and again above 6042.
It was showing strength from 6036 level. Now hourly chart is also in strength. Because of , hourly intra-day over bought, nifty future can go down few points tomorrow after opening.
1> Any one can go long above 6145-6150 level.
2> Always have to be alert about HNS (bearish in nature). So a trailing stop loss will require.

When it will reach in safe zone from HNS zone,, after that my upside target will be intact.
Up side target's are--

1. Target 6338-6348.
2. Target 6386-6408.
3. Target 6455.
4. Target 6519.

2 comments:

  1. Hi Siddharth, I keep following your posts in JN.
    And also visit your blog in recent past since you are active blogger in JN. thanks for your efforts. keep it up !
    -Narasing

    ReplyDelete