ON 26th MAY 2010 - VOLATAIL

ON TUESDAY OUR MARKETS LITTLE GAP DOWN  OPENING AND GOIING ALL THE WAY. WHAT EXPECTED IS DONE. 

BUT THAT LITTLE GAP IS NOT FILLED UP  NOTE THAT POINT. SO IF THE TECHNICAL BOUNCE IS OCCURED IN OUR MARKET FIRST THIS GAP i.e. 4875-4910 IS FILLED UP. THERE MAY BE A POSSIBLITY ON FRIDAY THIS GAP MAY BE FILLED UP. (AFTER THIS MONTH CLOSING) 

TODAY OUR  MARKETS ARE CLOSED AROUND LITTLE UP I THINK (MAY BE 20 POINTS ) . WHY? READ FIRST TODAY'S PRACTICAL LESSION. TODAY LITTLE GAP UP OPENING ALSO POSSIBLE.

SO TODAY VOLATAIL AND CHOPPY MARKETS WE EXPECTED. AVOID TRADING OR OTHERWISE TRADE WITH CAUTION. ( i.e. BOOK PROFIT EVERY UP or DOWN ). SO LITTLE PROFITS ONLY TODAY POSSIBLE. 

BUT EUROUP OPENS AND GO DOWN SIDE OUR MARKETS ARE ALSO GO DOWNSIDE. BUT I THINK BEFORE THAT OUR MARKETS ARE UP SIDE. ANY WAY OUR MARKETS ARE CLOSED IN GREEN.

TODAY IF OUR BUY OR SELL LEVEL CAME THEN  TRADE WITH THAT LEVELS AND  BOOK PROFIT EVERY TARGET WITH TIGHT STOPLOSS. or OTHERWIES AVOID TRADEING - PRODUCT YOUR CAPTIAL IS MUST IN THIS TYPES OF DAYS.

TODAY NIFTY FUTURE'S TWO EXTEREME LEVELS ARE :

UPPER SIDE : 4935

DOWN SIDE : 4750

IN BETWEEN THESE WHAT IS OUR BUY/SELL LEVEL WE SAW THAT FIRST :

BUY NIFTY FUTURE ONLY ABOVE 4885 LEVELS THE TARGETS ARE 4905, 4935 AND 4958.

SELL NIFTY FUTURE ONLY BELOW 4814 THE TARGETS ARE 4794, 4769 AND 4740.

THESE TWO ENTRY LEVELS ARE STRONG SUPPORT AND RESISTENCE LEVELS SO IT IS BREACHED THEN THE MARKETS JUMPED ON THAT SIDE. IF CHOPPY MARKET HELD MARKETS GO TO THIS BUY LEVEL TO SELL LEVEL OR VICE VERSA.

STOPLOSS FOR BOTH THIS LEVELS ARE 4858

PRACTICAL LESSON - 7 :

WHEN THEY ARE HUGE UP or DOWN MOVE IS OCCURED IN THE MARKETS THE VERY NEXT DAY THE MARKETS ARE MOVE  OPPOSITE DIRECTION OF THE PREVIOUS DAY BUT IN LITTLE POINTS ONLY.