MONDAY WONDERS

Dear Traders,


If Nifty Futures trades above 4978 for 10 minutes and breaks 4999 with volumes see the hike up to

 5028-5039-5058 in a normal opening

Remember a resistance @ 5028

Supports @ 4940 & 4922

If 4922  broken with volumes, watch some panic up to 4899 at least and then to 4880-4865 (if traded below 4899 for 10 minutes)

Read the above news carefully twice or thrice before you do trade in NIFTY...

You got to have nerves to trade in NIFTY any time, which is made easier here with a proper guidance…

2 PICKS FOR SHORT TERM INVESTORS

1) VSNL FEELING THE HEAT...

NO PROBLEM FOR BULLS ABOVE 390 with volumes

Traders HAVE AN EYE above 387.5 (if traded for 10 minutes) for 3 targets (391,395,398) within a session with the strict S/L of 370

2) STAY AWAY FROM INFOSYS AND TCS

CORRECTIVE WAVE OF A MONTH (FROM NOV 3rd –NOV 25th) STARTED

Regarding INFOSYS I expect a slide up to 2254-2210 in a day or two
TCS – becomes weak below 658
Investors be careful with these stocks

IMPORTANT RESISTANCES AND SUPPORTS TODAY FOR NIFTY FUTURES


RESISTANCE @ 4978, 4997, 5021,
 5028, 5039, 5058, 5084, 5119


SUPPORTS @ 4940, 4922, 4899,
4881, 4862, 4832


 
TODAY’S QUOTE

The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
                                                   -William Arthur Ward


WE TRY OUR LEVEL BEST TO FOLLOW THE DAY'S QUOTES IN DAY TO DAY LIFE AND TRADING



ALL THE BEST GUYS


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