>Nifty premarket 3rd june

Hi friends,
                   Fridays expectation was if 6132 is not taken we would test 6060 ,Yes we tested 6060 rather went much below that 5976 low for the day.Today expecting a feeble bounce which can get strong only above 6033 .On the downside if 6033 is not crossed we can go towards 5930-5900.
Counting of wave would do after little more confirmation.

Happy trading..

>Nifty premarket 31st may

Hi friends,
                   Yesterday expectation was if we hold 6080 expiry would be above 6100 probably near 6150 ,Last hour we made a high of 6132.6.So indeed 6100 call cud have been a bumper if anyone tried it.
Today june series starts ,Today's expectation is if we fail to cross yesterdays high 6132.6 we should head lower towards 6070-60.

 

Happy trading...

>Nifty premarket 30th may

Hi friends,
                     Yesterdays expectation was that nifty would be negative to sideways but won't cross 6150 .And a closing below 6080 would be weak for market ,Nifty did go below 6080 intraday but managed to close above it.
Today being expiry day resistances or supports can be broken with ease:).If market remains above 6080 expiry can be above 6100 probably near 6150 ,If it remains below 6080 then it could be a negative day.

Happy trading..

>Nifty premarket 29th may

Hi friends,
                   Yesterdays expectation was a sideways volatile market and indeed market was volatile we saw a swing of 80 points between the high and low of nifty.For a impulse we should see 3rd ending near 5150 and for a abc also c ending near 5150 so both counts suggests negative to sideways move if market goes below 6080 that would be first sign of weakness .USDINR

continues to be strong after a small correction again conquered 56+ .Overall for the day market is expected to be below 5150 .

Happy trading...