VOLATILE WEDNESDAY

OCT 21ST TRADING STRATEGY

PIVOT CALCULATIONS

PIVOT POINT (NIFTY SPOT) – 5133
SUPPORTS
S1 –5084 S2 –5053.70 S3 – 5004.8

RESISTANCES
R1 – 5163.4 R2 – 5212.30 R3 – 5242.7

PIVOT POINT (NIFTY FUTURES) – 5121.90

SUPPORTS
S1- 5075 S2 – 5044 S3 – 4998

RESISTANCES
R1 – 5152.75 R2 –5199.30 R3 – 5230



STILL MORE VOLATILE SESSIONS AHEAD…
DAY TRADERS AVOID TRADING IN NIFTY
LION HEARTED GO SHORT BELOW 5070 FOR 25 POINTS



INDIVIDUAL SCRIPS

‘STEEL’ SEEMS TO BE VERY ATTRACTIVE

1) BUY JINDSTL ABV 714 FOR A SURE TARGET OF 722-730 WITHIN A SESSION
DAY TRADERS MAINTAIN YOUR S/L BETWEEN 690 & 685 AND TRADE BOLDLY IN THIS SCRIP

2) GESHIP
BUY @ 301 INTRADAY TARGET- 307.20
(ALSO HAVE AN EYE ON JPASSO-->ABOVE 268 IT MAY BURST ANY TIME)


HERE COMES ANOTHER HONEY BARREL FOR THIRSTY BEARS
3) IBREALEST SELL BELOW 285
T1-279, T2-274