>Nifty premarket 22nd may

Hi friends,
                   Yesterday nifty went below 6150 and made a low of 6106 ,My expectation was below 6150 a test of 6100.
Now wave wise we have almost done 5 down now if nifty holds 6100-6080 we can retest 6150-60 or else remain sideways in 6100-6080 range for the day.On usdinr frond the long call is doing good we have done 55.40 from 53.50 near 56++ we need to re look at the structure

happy trading..

>Nifty pre market 21st may

Hi friends,
                  Yesterday nifty tested resistance zone 6220+and reacted but managed to stay above support of 6150 today we can expect a sideways move and below 6150 a test of 6100 is evident.

6050 is the traling sl for daily longs below that serious selling else this would be taken as a profit booking..

happy trading..

>Nifty premarket 20th may

Hi friends,
                    Nifty continues to move up inching closer to 6200-6220 which is the resistance for current up move if it maintains 6144 the up move continues else first sign of profit booking emerges.

happy trading...

>Nifty premarket 17th may

hi friends,
                  Nifty continued its up move yesterday and its reaching the trend line to the upside resistance which comes near 6200-6220 need to see the reaction to ascertain further move .

 The daily chart continues to target 6250-80 as shown in below chart.

Happy trading...