Nifty Key levels for day traders

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PGDIMES

PGDIMES

Well-Known Member
#381
#381
simple_trader said:
i might have judged profit taking exact level wrongly. but it comes finally. better to avoid intraday long in NF for time being. let it settle down a bit. may give a long opportunity in 2nd half again.
Click to expand...
R2 is at 5261.23(Floor pivot method).So it is logical that Nifty stopped just before that after crossing R4 of Camarilla Pivot system at 5244.:cool:
 
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simple_trader

Well-Known Member
#382
#382
profit booking comes. Support remains around 5234-5240 future range. it may take support here and can show new high for the day.

Will it show 5300 today?

regards
 
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V

varun2504

Guest
#383
#383
I Think we can See a BLOOD BATH from ( 5230 )Now onwards till 5050 to 4950 with up side sl of 5350

can any one suggest on this ????
 
R

radha55

Well-Known Member
#385
#385
simple_trader said:
my sense as long as above 5222 NF, it has possibility of touching 4280 NF around today.

till 5222 is not broken, may be avoid shorting. my own view!!

all the best.

regards
Click to expand...
Even today the level of 5222 was not broken. Good prediction.
 
S

simple_trader

Well-Known Member
#386
#386
today is kind of insider day. means may be market not decided which direction it wants to go.

band is getting narrower in 30 mins TF. we may see range bound moves tomorrow unless big gap up or down happens tomorrow. bias still seems to be up. RIL would be having more upside.
 
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