Nifty Key levels for day traders

[linkon7]

Finally breakout did happen...
High on SGX is 5158... HOPE that gets tested... keyword is hope...

 

[rajputz]

Aj kal to trend decider level ko b koi respect nhi milti sir....jaha se long position lo wahi se movement ruk jati hai opposite ho jati hai....we 5110 is the trend decider....we watch it at 5120 go long....and suddenly it comes to 5110 and starts revolving around there...we go short at 5109 and suddenly it comes to 5120 again....

 

[linkon7]

Aj kal to trend decider level ko b koi respect nhi milti sir....jaha se long position lo wahi se movement ruk jati hai opposite ho jati hai....we 5110 is the trend decider....we watch it at 5120 go long....and suddenly it comes to 5110 and starts revolving around there...we go short at 5109 and suddenly it comes to 5120 again....

Align it with cam levels...

5106 was L3... so buy and keep reversal at L4(5094)....

 

[simple_trader]

Dear Linkon7,

Yet another good analysis!! Good work!

 

[linkon7]

CCI double top, RSI divergence.... wonderful short right at the top....

 

[linkon7]

I dont know it its a valid Wolf... but tgt projected is 5076

 

[PGDIMES]

What's the significance of this Rs.7-8 premium???

 

[linkon7]

What's the significance of this Rs.7-8 premium???

It means people are willing to pay more. Sentiments are turning bullish.

More Shorts are covering / people are going fresh long

Vrs

those shorting here / booking longs...

 

[simple_trader]

Unlike yesterday, it seems there is more writing in 5100 & 5200 CALL.

 

[simple_trader]

Due the same reason, market may fall. do not know how far there is a good support around 5090.