NIFTYMAGICIAN

wipro was booked at 542 from 585........good profit there................

Now coming back to nifty.............the downtrend was held up this week as expiry is near and also because bulls did make a valiant effort . But.....but.....i still feel the downside is not yet over. And so personally, I hold nifty fut shorts for next week.

Banknifty though surged up well.....beyond the levels i expected.....but unless the 18800 zone is conquered........it shud fall.....will look for entering shorts as per my levels there on monday.

Another thing, those few who wud have read my views in the chat window....wud have realised my discomfort wid far too many useless self glorifying chit chats....and so will not be visiting there much from now on.......partly because i have very less time for trading, and i wanna use it more judiciously from now on.

But yes, i will be happy to discuss views and setups here.....in case anyone of you would be interested.

So feel free and make this forum active.

All the best!!!!!

nifty shorts still held.......lets see

natural gas as discussed, has broken to the downside.......and now it may keep breaking down more towards 150 levels.......

nifty still looks weak , the only one to hold is banknifty.........once it breaks below 18400......18000....17500 may be revisited...

lets see.....bnf 18100 put buy at 32 sl 24 tgt 50.....60....70....80....90....100 cmp 29

well well well....bnf put hit sl!!!..................myself went long above 18550................tsl hit 18700....though its a breakout now.........so day closing in plus.....