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Trading levels for 18 Nov 2014
18/11/2014
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As per yesterday call and previous posts, we are saying every time to BUY on dips as 8345 as SL on closing basis.AND yesterday Nifty spot 8438 traded near to our next level !! So we are still on same view BUY on dips with given SL. with TGT of 8500/9000 for coming weeks/months.BUY above nifty spot 8390 for 8500/9000. Positional traders keep nifty spot 8345/8280 as SL till then just BUY on every dip. Major support levels on closing basis are 8360-8303-8280-8170 and major resistance levels on the closing basis are 8436-8530-8645.
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Trading levels for 14 Nov 2014
14/11/2014
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As said yesterday for correction after ‘4 small white doji and gravestone type candles’ and it did as expected !! Nifty spot closes below 8360 . BUY above nifty spot 8390 for 8500/9000. Positional traders keep nifty spot 8345/8280 as SL till then just BUY on every dip. Major support levels on closing basis are 8303-8280-8170-8060-7925 and major resistance levels on the closing basis are 8436-8530-8645.
Play in Nifty Future as per intra level given.
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Trading levels for 13 Nov 2014
13/11/2014
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No change in view in Nifty. However today is 5th consecutive day after 4 small white doji and gravstone type candles so some correction upto 8300 can be seen so fresh buy after 8445 if stable at that point. Positional traders keep nifty spot 8345/8280 as SL till then just BUY on every dip. Major support levels on closing basis are 8360-8280-8170-8060-7925 and major resistance levels on the closing basis are 8436-8530-8645.
Play in Nifty Future as per intra level given.
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