Thursday, 7 January 2016

Trading Strategy For 08th Jan’16 :Volatile Session on card.Above 7586, Jump up to 7633-7649

Hardest thing to do is let winners ride. That’s how u make life changing fortunes. It’s as far as you can get trading outside ur comfort zone.
Last Close : 7582
Will it stay above 7586 for 15-20 minutes with volumes ???
Not Breaking low of 7570………………………Then ??
Rally (Dead Cat Bounce )….Jump upto 7633—–7649 is possible.
3DEMA @ 7689 ,7DEMA @ 7773…………….(Dream )
Below 7579 level ,Last Crucial Support at 7553
Once Breaks with volumes and sustain for 15-20 minutes then ?????
Nifty SPOT :In PANIC will try to kiss 7539–7489 level.
Dead Cat Bounce …………..Can Happen but will not be able to sustain !

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