Wednesday, September 24, 2014

PreMarket Trades for 24th September 2014

Overall short term momentum bearish

Avoid sell near Strong support zone in between 7936 to 7910

Be careful in F&O expire week due to huge manipulation of Index option

Important level 8028

Today's Trades:

Buy above 8028
Stop-loss 8008

Sell Below 8006
Stop-loss 8028

(Revise stop with every 20 points change)

Resistance:
8028-8051-8067-8080

Supports:
8002-7986-7970-7949

Tuesday, September 23, 2014

PreMarket Trades for 23rd September 2014

Short term indicator again touch overbought zone.

Overall short term momentum confusing due to expiry.

Avoid buy at high

Important level 8150

Today's Trades:
Sell Below 8140
Stop-loss 8152

Risky Traders:
Sell at 8156
Stop-loss 8162

Buy only above 8162
Stop-loss 8142

Resistance:
8162-8176-8200-8222

Supports:
8116-8098-8080-8064

Nifty in view of experts