Thursday 18 April 2013

Trading View For 18 April, 2013

Above 5719 Nifty Future will face 1st resistance at 5738/5747…….

Above this level Nifty Future will face next tough resistance at 5766/5773/5779….…

Below 5660 Nifty Future will take very vital support at 5656///5654……if start to trade below this level then crucial support is 5638……..


NOW 5644 IS STRONG SUPPORT AND A CLOSE
BELOW 5644 WILL BRING BACK BEARS.

BEARISH DAYS EXPECTED FOR NIFTY UP TO,

19TH APRIL. GREEN DAYS STARTING FOR NIFTY
FROM 21ST APRIL.
Nifty to trade volatile and is expected to follow global cues.


Nifty spot if manages to trade and sustain above 5750 level then it is likely to show some upmove and if it breaks and trade below 5660 level then it is likely to show profit booking.
















DiscloserDespite our giving best guidance about the market movements, you must, very very importantly, develop Trading Traits by ruthlessly evaluating your Temperament, Emotional Balance, Financial Position, Loss Bearing Levels, Time Schedules and various other characteristics for keeping the losses at minimum and gaining maximum profits from trade. U must acquire the mental skills to execute the intended trade in relation to over-all market circumference.  U must be your own Judge.

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