Tuesday, September 22, 2009

NIFTY OUTLOOK FOR 22/09/2009

NIFTY OUTLOOK FOR NIFTY TRADERS:

Nifty is likely to open slightly Flat to negative

For Nifty Traders:

Stay long unless 4940 is broken but keep lightning your positions with every 25-30 points rise in Nifty.

You may see Nifty trading above 5000 in todays session if Nifty holds 4940


Happy Trading

9 comments:

  1. told u all that u may see nifty above 5000 in todays trading session

    ReplyDelete
  2. Nifty made a high of 5023.55; low of 4972.10 and now trading @ 5016

    ReplyDelete
  3. do not make fresh longs for now - i repeat do not make fresh longs, only lighten your positions

    ReplyDelete
  4. I have sum short in Nifty at 5016 Level...wha should I do..i just need intrady position

    ReplyDelete
  5. for fresh longs wait for Nifty to cross 5075; till then keep reducing positions

    ReplyDelete
  6. info: Do not make fresh longs unless Nifty breaches 5075 with volumes

    ReplyDelete
  7. Male said...
    I have sum short in Nifty at 5016 Level...wha should I do..i just need intrady position

    SEPTEMBER 22, 2009 11:17 AM

    ----------------------------------------------
    sorry for a late reply

    the best for now is to lighten your long positions (as told earlier as well) unless nifty breaches 5075 with volume

    also restrain yourself from making shorts unless nifty breaches 4940 on lower side

    In simpler words: keep 5075 SL for shorts and keep 4940 SL for longs

    ReplyDelete
  8. mukesh said...
    o9304904541

    SEPTEMBER 22, 2009 8:52 PM

    ----------------------------------------------
    Dear Mukesh,

    add my yahoo chat id: eagleventures2008@yahoo.com for any further queries and help on positional nifty trading, intraday nifty trading, nifty outlook

    ReplyDelete