NIFTY SPOT VIEW-9TH AUGUST 2012

::BASIC and SMART TRADER COURSE WILL BE HELD ON CHENNAI ON 12TH AUGUST ::

                                 VENUE:Achiver Institute

                                      38 Besant Avenue,Adyar,Chennai-600020

              Bus stop:Malar Hospital Adyar Signal.Near Padmanabha Nagar Post office.

Time-10:00am to 5:00 pm

:: NEXT BASIC AND SMART TRADER COURSE WILL BE HELD ON    NEW DELHI, ON 18TH AND 19TH AUGUST 2012.

All master day traders got both buying and selling opportunity in nifty on 8th August session.

I was told earlier 5350 is a strong resistance, nifty was cross the level for a moment but further got the resistance on square of nine level that is 5380.But until and unless trade above 5350 level cleanly, further strength will not come.

Positional trader till hold the position with stop of 5310 trading basis and S D wave trader maintain stop according to system.

Resistance watch on-5350-5380-5435-5505 and support stand for-5260-5200-5145 closing basis.

1st pressure date for the month of August is 20th August 2012 (accuracy +/- one day)

STOCK ALERT:

Just 2 days ago I has been told about long position on axis bank those are follow my advice they are sitting with good profit.

 


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