NIFTY CASH CLOSED AT 10725
As advised since Monday last week, NIFTY CASH touched almost all my bottom levels also from the top. Those were not my targets, but possible support levels, and I wrote to buy from those support levels, and during market time at 10634, I advised that it will touch 10722, and it one way jumped to cross 10722 and closed also above that at 10725.
But during market falls, all my stocks kept rising only, and some I advised to average out and they rose up later, and I have still advised to hold all those stocks which we averaged and also those who are running in profits only right now
But during market falls, all my stocks kept rising only, and some I advised to average out and they rose up later, and I have still advised to hold all those stocks which we averaged and also those who are running in profits only right now
TODAY..
I am writing this since 11 FEB MONDAY THAT : today or may not today, but in coming days, it will definitely touch 11056 at least even for 1 second also. But like all my targets came in full speed, this time it may take some time because I see some pressure upon NIFTY until it cross 10878 with huge volume and also trade above the same at least for hour (or better if close above that).
So as exactly I mentioned, this time it really took time to touch 11056, but I am sure it will do that soon, because it was really required it to touch 10633 once as per technical rule, and as soon as it touched that, I advised that NOW IT WILL JUMP TO 10722 and it jumped exactly the same way on FRIDAY:)
In between, 10698, 10620 and 10584 are strong supports if our market will be hit because of global or internal political issues, and as I told earlier also, it will bounce back from there again, if it really fall there again.
In between, 10698, 10620 and 10584 are strong supports if our market will be hit because of global or internal political issues, and as I told earlier also, it will bounce back from there again, if it really fall there again.
Upside, as of now, it has to face many resistances like 10788 followed by 10818 and lastly 10844. These are only 3 levels but they are standing very strong till it cross all these levels and cross also, and I am sure once everything becomes normal, it will cross these all and touch my pending levels like 10898 10992 and 11058 also. Once it will close above 10744, it will give first confirmation that it is prepared for next targets 10812 10872 10928 11014, and after that 11058.
These are just daily overview for safety, and I will give intra day buy sell tips during market hours, but if you have proper margin and want to take positions, you can go with the trading points that I have mentioned.
WEEKLY AND MONTHLY LEVELS :
RES : 10844
SUP : 10698 10620 10584
LONG SL : 10550 on closing basis
SHORT SL : 10898 on closing basis
I will immediately update you with new tips and targets once it come our of this first range.
GOOD LUCK :)
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