SOURCE : WWW.INDIARIGHTNOW.COM
03 TO 06 OCTOBER 2017. TUE TO FRI : WEEKLY REPORT - TIP AND TARGETS. 02 OCTOBER MARKET HOLIDAY
NIFTY CASH : CLOSED AT 9786
For last week, I advised that : '' It is okay till it trades and keep closing above 9820, but if it will close below that than more panic will start all over and will recover in next say or two. Weekly SL for short sellers at 10178 on closing basis.'' and you can see that it touched 9688 on Thursday 28 Sept :). I hope you enjoyed free fall and earned well.
Anyway, for this week, If it will again break 9768 than will again come into panic and may fall till 9712 to 9688 also. And this is okay and it is normal trading range till now, but if it will close below 9688 than you will see more panic all over till 9620 to 9596 also and it will definately recover from there if by chance it falls till there. I think it will fall till there only and only if any unexpected geopoilitical issues or news like that pops up, otherwise it will keep within the levels only that I am giving now.
But upside if it will successfully close with volume above 9812 for a day or 2 than it will gather more strength, and then the next target will be 9946 to 9988 initially. But it will keep up the rally only and only if it cross with volume and close above 9946-60 range. if it will succeed to do than than next one way non stop upper target is 101778 once again.
So if you are short seller than first SL is 10028 and if you are buyer than SL is 9772, both on closing basis.
So from my charts, my personal advice is that just keep playing within my levels only, strictly. I have found this levels for only very safe trading basis only for this week especially, so that you can protect your money from any fall or sharp rise due to geopolitical factors. If this week KOREA US war issue will calm down than I expect it will not pop up again frequently like we witnessed last month, but than too I have given levels keeping in mind these tensions only. I feel amid any kind of tension also my levels will work because I have advised only safe levels & targets this time, especially for this week. Just try to keep your trades between 9672 to 9960 this week.
I will also keep you posted on LIVE UPDATES page if any change in targets etc. You also install my LIVE MOBILE APP from HOMEPAGE of this website, so that you will get LIVE PUSH NOTIFICATIONS ON YOUR ANDROID MOBILE as soon as I post any new tip. We will also update LIVE on our LIVE GOOGLE BLOG also very soon, so you do not miss any valuable tips. Also if you have any personal question or need any advice than you can also write me OR you can buzz me at LIVE CHAT HELP
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SOURCE : WWW.INDIARIGHTNOW.COM
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