Nifty Conservative Trading
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Nifty Monthly Long above 5874(HEMA) and 5439 (LEMA) (TREND DOWN BELOW 5659)
Nifty Weekly Long above 5584(HEMA) and 5449 (LEMA) (TREND UP ABOVE 5556)
Nifty Daily Long above 5505(HEMA) and 5436 (LEMA) (TREND UP ABOVE 5482)
Only a close above 5527 =>should be used to take long position =>Already Long Stoploss 5482
Weekly Trend Up above 5556
Daily Trend Up above 5482
Avoid SHORT till we get below 5482.
Exploring LONG opportunity will be advisable.
As Nifty advance Let examine important level as which nifty may face resistance
5225-5350-5450-5550-5775-(5940-5965)-6090-6175-6250-(6325-6350)
Volume profile shows (5380-5390)-5410-5488-5505-5561 and 5604 are important level to watch.
Going SHORT at this point will against trend ,should be executed with strict stop loss.
Nifty Aggressive Trading
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Range 58 min 5502 max 5619
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/
Nifty JNSAR
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Nifty Weekly JNSAR 5607
Nifty Daily JNSAR 5429
http://perfecttradingsystem.blogspot.com/
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