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Nifty Future 16th February 2012.

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Today NF made open gap and after making low 5475 it went upto 5564.45. and close@ 5552.55

Above 5402 No problem for bulls .

Be-caution

Nifty going To End 7 consecutive positive week 

17- 23 Feb ( which is 60 days and 45 trading days ) 

Expecting NF To  Take reversal from next week.

Today, 

Above 5550 NF will Touch 5577.

Hurdle @ 5577 cross will take to 5655-5680.

Below 5530 Don’t Remain long it will hit 5456-5402.

Expecting NF to Touch 5100 in next 30 days . (Valid only Till 23rd Feb High)

Holding , No Position.

Just play with level.

3 responses to “Nifty Future 16th February 2012.”

  1. Vijay Avatar
    Vijay

    hi sir, one doubt u said nf will touch5100 (valid only till23rd feb high.). what does it mean? if not cross 23rd high r this week high? this week high is 5564 so can v consider that as sl for the positions? sgx nifty is trading already 30 points high, so v can expect gapup tomorrow. as per ur site if nf trade below 5530 it will fall further, so i take short position today in the morning but it is closed @5537. so cant understand my position. can i clear r wait for one week. v hav only five trading sessions left.
    last few days i shorted nifty but booked loss many times.
    please me on this sir.

    Reply
  2. Dharam Avatar
    Dharam

    Same problem & don’t understand about 23rd…, .
    Dharam

    Reply
  3. Vijay Avatar
    Vijay

    Hi sir, we are waiting for ur post. please update the site.

    Reply

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Ravi Chauhan

Trader & Investor in Global Asset Classes

“Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics”.

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