Hope every one enjoyed NF, As it was Written it happen NF  crashed exactly to my level 5020 -4996 made low @ 5013.30 and close @ 5044.90

Exit Short position given @ 5055.

Buy given @ 5030. holding

Above 5067 No problem for bulls

Support @ 4996

IF Trade above 5067 then it will touch 5084-5090.

sustain above 5090 for 10 min then watch nonstop rally upto 5138

Note.

An important point to sell out longs and go short is at when a stock rallies to old bottoms first, second or third time. As a rule it is risky to sell the fourth time that a stock advances to the same level because it nearly always goes higher. When you sell short, place stop loss orders above old bottoms.

From 25th october to 31 october 2011 will act as Hurdle

 Operating in stock and Commodities is a Business or a profession, the same as Engineering or the Medical profession……. So The Man who guesses and Gamble on hope is sure to lose while the man who follows science makes profit…

One response to “Nifty Future 19th October 2011.”

  1. Hiren Parekh Avatar

    Dear Mr Ravi As ur Analysis if fourth time attempt 5200 level it will go up but it is new bull market rally or short cover till 5400

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