Wild Shots from a Rookie!!!!!

[arvindeept]

For tomorrow, i am going to look for longs.......in nf, bnf , and wipro...........short term up trend seems to be on cards after friday's strong close.....
This view will be negated if 8222 breaks convincingly on nifty........

I am not sharing the levels , just giving the trend.

[arvindeept]

Gold now shud be heading for 1265 ....1302 levels......so kamar kas lo ab.......

[arvindeept]

if some one had taken nf and bnf longs yesterday, they wud have got minor loss in nf and bnf as strength was not sustained...........wipro didnt move............holiday season effect it seems....

the setup in bnf is bearish in lower timeframes while in daily....its in conclusive with a long bias.

Nifty seems bullish to me.......


so better sit aside......unless the range is broken......intra players can look for bottom fishing.......around 8286 and 18600......i am still long in stock futures.......

[arvindeept]

[arvindeept]

[arvindeept]

well as the bulls did what was expected from them, i expect them to again try to push higher for tomorrow........carrying my longs taken today in bnf and wipro.....good profits till now.....

once bnf breaks 19000 wid volumes i expect a good rally for another 400-500 pts..........nifty may target 8510 as given earlier.....

In case anyone following these levels here, pls let me know.....

[arvindeept]

As given we are still in a buy mode.......keep holding......till structure changes.....

[arvindeept]

Well, nf and bnf both are finding it hard to break the barrier.................so longs may be exited and short entry may be taken near 8349 and 18905 respectively ........
I took minor short positions in bnf today........lets see how things work out ahead.

Also wipro needs to be exited as it also is finding resistance ......

[arvindeept]

bnf has broken out of the range in new year.........exited bnf with minor loss and taken long...................nf also headed higher for 8510 range as given earlier.....be long but keep structure play in mind.

[arvindeept]