Morning Mantra

Good Morning and wish you a happy trading session…

                               

Yesterday before opening written vital resistance is 5725…

Nifty Future made high 5724.80

And after that there was a sharp fall of 105 points ………

                        

Yesterday at 09:52 am sent sms to our clients: “Sort NF at 5716 to 5725 SL 5744. Targets-5687/5648, Sort at level”

Nifty Future made 5724.80 high and low 5619……….

At 10:55 am sent sms to our clients: “Sort SBIN (cash) at 2199 to 2208 SL 2219”……….

SBIN melt down by 134 points………

This is accuracy….

Above 5637 1^st hurdle is 5645/5656……

Above 5656 the vital resistance is 5675/86 ……………….Don‘t remain sort above 5686……..

Cross over above 5763 Nifty Future may run towards 5952/69….6148---6157….within couple of days….

Below 5616 day’s 1^st support is 5603--5600 ………

Below 5600 crucial support is 5596(5593)……

More reversal points for our subscribers only.

Kolkata, Bengal. 05:29 AM    31.10.2012

Morning Mantra

Good Morning and wish you a happy trading session…

Above 5710 1^st hurdle is 5716-22--25………

Above 5731 the vital resistance is 5757 ……………….Don‘t remain sort above 5763……..

Cross over above 5763 Nifty Future may run towards 5952/69….6148---6157…within couple of days….

Below 5684 day’s 1^st support is 5670--62 ………

If break 5661 with volume then Nifty Future will direct take support at 5648(5647/5646)…………

Single closing below 5647 Nifty Future will take support at 5626(5627) ----5596(5593)……

Today is the RBI monetary Policy review, Unlikely to see rate cut from RBI today. We expect the volatility to increase, therefore trade with strict stop loss.

More reversal points for our subscribers only.

Kolkata, Bengal. 05:27 AM    30.10.2012