>Nifty premarket 27th may

Hi friends ,
                    Expectation was 5980 would be an important level and we saw nifty hovering around that level for most part of the day.Now if nifty manages to hold 5980 we can head higher probably yo make a lower top near 6150-6200 levels .

If 5980 is not held then we can target 5900 but thats not the preferred case ..

Happy trading..

>Nifty premarket 24th may

Hi friends,
                   Yesterday expectation was below 6080 a test of 6000-5980 we tested that region and held it for almost full day in last hour it gave way though its in that range only.Now if 5980is held i would assume fall is done for now else it can drift down towards 5850.

USDINR yesterday did 56++ profit booking area its hovering round an important area now if usdinr fails to breach above 56 it can retest 53 we have to wait and see.

Happy trading...

>Nifty premarket 23rd may

Hi friends,
                  Yesterday nifty expectation was a test of 6150+ and then a sideways to down move towards 6080 and yes nifty did that ,For any strength nifty has to hold above 6080 else 6000-5980 would be next stop ,Which i think eventually nifty has to test ,Overall once we test 5980 it would be certain that we finished an A at the high 6239.

Let the move be few days old and would lable the short term waves.

Happy trading...

>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..