Nifty levels.......positional and intraday

nifty cmp = 4608

Remember that important support line i had been talking about on aug 22, well, by rising everyday, that all imoportant support has now come up to 4560 spot for tomorrow, that is 3.9.09. Upon close below this, all longs need to be liquidated.Remember to keep adding 16 points to this 4560 spot after 3.9.09. take care
sunil1

Well, nifty is now trading within a narrow triangle and is entering congestion zone. Going ahead, be prepared for an at least 20 % move either side upon breakout or breakdown from this triangle. In short, go long above 4750 and go short below 4425 for monday. This lower support will keep rising by 16 points each day. So this lower level support becomes 4441 for tuesday, 4457 for wednesday and so on.
sunil1

No updates yet..

too volatile for comfort ... because of selling pressure, it is difficult to have any upside views...if pressure remains tomorrow also, then some stock that are holding till now can also start cranking.

Expecting the tide to turn ...but bull shud act fast before its late..

possible supports below 4560 >> 4500 ... 4450...4420..4380

Mad crash today........4560 is holding so far

In last 5 days nifty has formed a triangle...watch out for either side brk out.

for tomorrow 4620 ... 4560...
trgt of 4880 is still on...