This blog is my trading diary. It is an attempt to organise my analysis and thoughts. I follow the charting methods given in JUST NIFTY blog by Ilango sir and so the charts would have striking resemblance to his charts. I am indebted to Ilango sir for having made this blog possible for me.

January 24, 2014

NIFTY ANALYSIS

FOR TATAMOTORS ANALYSIS CLICK HERE

Nifty after a good run-up upto 6355 - is now at a Make or Break level. Holding 6300 - especially on EOD/EOW basis is very important.

Break below 6300 - is weakness as per Day TF
Support at 6250 - is must for upmove as per Week and Month TF's







TRADE STOPLOSS  REASON 
Buy near 6300NS EOD close below 6300 Day Triangle support
Sell below 6300 NS EOD close above 6320 Close below Day HEMA

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