ON MAY 14th MARKET TREND - CAT ON THE WALL

TRUELY SAID OUR MAKETS ARE TECHNICALLY WEAK IN POSITION. BUT NOW A DAYS ONLY GLOBEL FACTORS INSIST MORE LIKE THIS WEEK  MONDAY. 

SO THE FIRST SESSION OF THE MARKET RUN UPON THE ASIAN MARKETS BUT THE LAST DAY OF THE WEEK TWO DAYS HOLIDAYS.  SO SOME PROFIT BOOKING IS THERE IN THE SECOND SESSION.

TOMORROW NIFTY FUTURE'S TWO EXTEREME LEVELS ARE :

UPPER SIDE : 5255

DOWN SIDE : 5040

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

BUY NIFTY FUTURE ONLY ABOVE 5204 LEVELS THE TARGETS ARE 5227 AND 5243.

SELL NIFTY FUTURE ONLY BELOW 5156 THE TARGETS ARE 5121 AND 5090.

THESE TWO ENTRY LEVELS ARE STRONG SUPPORT AND RESISTENCE LEVELS SO IT IS BREACHED THEN THE MARKETS JUMPED ON THAT SIDE.

STOPLOSS FOR BOTH THESE ENTRIES ARE 5175.

DOWN SIDE IF THE 5080 ALREADY LOW OF THE THIS WEEK BREACHED THEN IT GOES MINIMUM TO 5040 AND UP TO 5020 LEVELS.

BANK NIFTY

BUY ABOVE 9753  TARGETS ARE AT 9818 AND 9877.

SELL BELOW 9661 TARGETS ARE AT 9618 AND 9589.

BANK NIFTY ALSO AT CRUCIAL STAGE SO TRADE WITH TREND IN ALL SECTOR IS BEST. 

LESSON - 1 :

DON'T GUESS ANYTHING AFTER THE REACTIONS DONE YOU ACT UPON THAT YOU MADE LITTLE PROFIT BUT DON'T MAKE ANY LOSS.

MADE PROFIT - ENJOY WEEK END AND ALSO GIVE SOME MONEY TO THE POOR PEOPLE.