Positional Call on Nifty Trade

[pokrate]

seems all shorts no long in now pulling market ,so hold short with 6030+ lvl else close short and go long...seems this range will be tricky so advise cautioness...see u all tomorrow.

Clear cut long after 12th Feb 2014. Till 12th rangebound expected. You can short at higher level or hedge with puts.

Broadly this series will be sideways with higher lows albeit slowly slowly.

 

[anup0212]

Clear cut long after 12th Feb 2014. Till 12th rangebound expected. You can short at higher level or hedge with puts.

Broadly this series will be sideways with higher lows albeit slowly slowly.

thanks pokrate, NF is weak but again it will try to bounce back.

 

[anup0212]

so as I mentioning earlier NF showed sign again and..as I mentioned 6030 is not tested so shorts are still active but if tomorrow 6011 is not defended we will go down which to me is less but if holds then 6060+lvl will come first...see u all

 

[anup0212]

today drama was high from 5967 went to 6036 level so slow movement is on the wat but still to cross 6060+ lvl hold long if 6010+ lvl holds , in worst case max 5970 for quick move ..let see when NF crossed 6060+ lvl..see u all...

 

[anup0212]

today survived long with sl of 6010 ..now let NF hold 6020 + lvl and on upside it should breach 6100+ once that is done it should go above lvl since weak movement so expecting to reach slowly but as long as 6020+ lvl hold keep long ..let see what happens tomorrow..all eod lvls to consider...

 

[anup0212]

market today some how managed to long and if in next attempt did not try to hold 6020+ lvl then downside will begin...currently long is active..see u all tomorrow.

 

[anup0212]

guys problem is neither we are going up nor down..do not know what is it waiting for...but today's fall was dwonside trend completion...so if we do not hold 5980 tomorrow then downside will pull further ....better to wait on sideline ...

 

[anup0212]

as I mentioned on 13 Feb still this seesaw is going on so hold with strict SL 6030+ lvl on long and wait if it holds then NF shd hold 6070+ on closing basis , if that does not happen better to wait ...see u all on next week.

 

[anup0212]

hold long with 6020+ lvl if does not hold we will be on short side but long survived today and gave positive sign..

 

[anup0212]

now move the SL for nifty spot to 6100+ lvl on EOD basis and if it does not hold please close the trade.currently long is active...