Weekly Nifty 24 to 28 Oct 2011 -FINAL UPDATE

On 22nd October it was written that for this week Nifty Trading Levels are as follows:
Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948
The week has ended today and the result is as follows:
We went long as per levels at 5097 and placed stop loss at 5075.
Nifty opened this week at 5114.70 made a low of 5084.75, high of 5399.70 and closed at 5360.70.
Our target was 5394 which is achieved. Total profit this week is 297 points.

Weekly Nifty 24 to 28 Oct 2011 -UPDATE

On 22nd October it was written that for this week Nifty Trading Levels are as follows:
Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948


From Monday till date Nifty opened near 5114 made a low of 5084.75 and has closed at 5200. Our Long postion taken at 5097 has already given us 100 points. Hold on for target of 5394.
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Just Nifty Positional -Channel Breakout- UPDATE

It was written on 15th October 2011 that we are trading in a channel and a breakout above 5160 will target 5570.  On 25th October we have broken out and closed above 5160. Carry Long postions for target of 5500/40. CLICK TO READ POST

Just Trade Nifty for 28 Oct 2011

Above 5218 will target 5248 -5275-5315
Below 5200 will target 5160

Just Trade Nifty 26 Oct 2011

Above 5203 target 5258
Below 5200 target 5157

Just Trade Nifty for 25 Oct 2011

Intraday Nifty is a buy above 5111 target 5145
Below 5075 will target 5045/30

KEEP IN MIND THE WEEKLY LEVELS OF NIFTY
Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948
CLICK TO READ POST


KISS PIVOT AT 5092

Post Market Update

Nifty opened gap up and faced resistance at our weekly level of 5149. From there it came down to our intraday buy level of 5081.  Today sold Nifty at 5155 (future) and booked at 5000

Just Trade Nifty for 24 Oct 2011

Above 5081 Nifty will target 5112 & 5127

Below 5069 Nifty will target 5026.