Friday, November 1, 2013

November Series - Nifty begins the Festival of Lights with All time high !!!



Nifty begins the November series touching the all time after ending the October series exactly as projected. Now sustaining above 6200 is the key for November series. Fresh resistance levels need to be built up and till then it is only "long only " positions with 6200 spot price as the hard stop loss or reversal level !!! Happy Diwali !!! Happy trading !!!



November 3, 2013 : Muhurat Trading Session:

Trading zone 6295-6345-6395. Happy Diwali !!!




View for November series:

The correction has begun and Nifty manages to save the break out level of 6200 so far. A deeper correction means levels of 5835-5935 support zone. Otherwise, now above 6275 levels the view remains bullish. Happy trading !!!



The correction of November series continues with November series capped around 6155 levels on spot price. With two days to go for November series expiry, levels of 5970-5920 will be highly probable if 6025 level breaks early in the morning intra day tomorrow !!!


2 comments:

  1. passed on ur link to dad, as he also trades.....let me know ur email id so that i can pass that to him too. he can stay in touch with you if he wishes. thanks for visiting my blog and for ur kind comments.

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    1. I have sent you mail. Thanks for visiting my blog :)

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