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Nifty Monthly Long above 5782(HEMA) and 5462 (LEMA) (TREND DOWN BELOW 5612)
Nifty Weekly Long above 5616(HEMA) and 5449 (LEMA) (TREND DOWN BELOW 5542)
Nifty Daily Long above 5566(HEMA) and 5497 (LEMA) (TREND DOWN BELOW 5525)
Only a close above 5616 =>should be used to take long position =>Already short Stop loss 5616
Weekly Trend down below 5542
Daily Trend down below 5525
Avoid Long Till 5542
Exploring SHORT 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 (5590-5608) are important level to watch.
Market Currently is Sideways bottom at 5488-5510 top at 5590-5608
Going LONG at this point will against trend ,should be executed with strict stop loss.
Nifty Aggressive Trading
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Range 47 min 5469 max 5564
STOP LOSS 10 points only.
http://perfectbreakout.blogspot.com/
Nifty JNSAR
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Nifty Weekly JNSAR 5585
Nifty Daily JNSAR 5505
http://perfecttradingsystem.blogspot.com/
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