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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Weekly Nifty 24 to 28 Oct 2011

Last week's weekly NIfty levels posted were as follows:
Above 5133 Nifty is a buy for targets of 5169-5243 and 5328
Below 5133 Nifty is a sell for targets of 5071-5001-4956 and 4919
Nifty opened at 5160 broke 5133 immediately and reached our first and second target. LAST WEEKS POST

For the coming week we have only three days of trading. The charts suggest the following levels:

Above 5097 will target 5149.
Above 5149 will target 5394.
Below 5075 will target 4948

WEEKLY NIFTY - 17 TO 21 OCT

Above 5133 Nifty is a buy for targets of 5169-5243 and 5328
Below 5133 Nifty is a sell for targets of 5071-5001-4956 and 4919

For Breakout it has to trade above 5169 for BREAKOUT BUY and
For BREAKOUT SELL it has to trade below 5071.