Tuesday, September 27, 2011

NIFTY VIEW FOR 28.09.2011



Today Nifty opened with a huge gap up.The levels given for today were achieved at open.So levels were updated intraday at 11.00 am.We nearly achieved the third target 0f 4988.The bias has turned positive for the short term.The level of 5060 is the trend decider for expiry.With two days left the expiry looks to be very eventful as always.
 LEVELS SPOT NIFTY FOR 28.09.2011
No trading zone between 4954 to 4989 to avoid whipsaws.
Buy above 4989 with SL of 4974 for targets of 5007 - 5024 - 5042- 5060
Sell below 4954 with SL of 4969 for targets of 4936 - 4919 - 4901- 4884
Happy Trading !
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2 comments:

  1. SandeepSeptember 28, 2011 at 7:38 AM

    Sir,

    Thanx for the regular update. I am a keen watcher of this blog.

    Regards

    Sandeep

    ReplyDelete
  2. Gann School of TradingSeptember 28, 2011 at 8:17 AM

    Hi San,

    Thanks for your kind words.Such encouraging words will keep the fire on and provoke my creative juices to flow at full throttle.


    Regards

    K B Raut

    ReplyDelete

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