Monday, 6 May 2013

Trade Plan 7th May :

NIFTY :

5950 is the most important level for me currently.
I am Perma Bull above it.

Its a delight when all technical's point to One direction in all time-frames.
And that's bullish as per yesterday's close.

Long , Stay Long , Buy All dips with strict stop loss near 5950

Nifty Weekly :


Nifty Daily :

Volumes are dropping as prices come in lower range since 2-3 days. With MACD lines and histogram flying sky highs , up-move is likely to roar in coming sessions.



My LONG positions will be brutally closed if prices start ticking below 5950.
They say "Sell in May and go away" , May be a close below 5950 and you find my next post in reverse direction.

SS










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