DATE- 4 MARCH 2014
Nifty 10X3 CL P&F CHART
Strategy for 4
MARCH 2014: As I was
anticipated that nifty should come down and from Friday I was mentioning that nifty
is at its residence so it should come down and it happened , Finally nifty
closed in red at 6221. In point and figure we have seen column reverser so
still my view is negative so those who are in short should follow sl of 6300.
For tomorrow nifty major support is looking around 6180-6190 and resistance is
around 6160-6170 so do trade acordingly. If 6200 broken on closing basis then we can see 6100 in very
short time .
RPOWER –Medium termPick
è MAJOR TREND IS DOWN BECAUSE ITS TRADING
BELOW MAJOR 45 DEGREE TRENDLINE AND 9 DEMA
è SELL RPOWER IF SUSTAIN BELOW 60 SL 63
TGT 57, 53
RAJU RANJAN
Mob- 9975606284
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