HDFC closed around 1069…
We have analyzed and see sharp rally in HDFC above 1072.10

Grab in tons!!!! worst over.

Line of Control 1072.10

Line of Control 1072.10

Upcoming days positional target seen 1131.10 ……. then 1171+++

To know more subscribe us.

What we said !!

1. Take reference of 7088 on Nifty and 13950 on Bank Nifty for bullish trade.

2. Stated after budget bulls may take short to medium term commend.

Our subscribers crazy about us. Check our previous posts.

Just practice this:

Trade/Enter like a trader, hold like an investor.

Today is Jalsa.

Technically Yours,
Team Technical IQ,
Jaipur.

We recommend you to buy reliance at lower levels

Pre budget Technicals –>
Go Long with Reliance above 950.65 Trgs 1001 / 1039.95.

Stoploss Maintain Closing basis 944.25.

— Akhilesh Jain (@Jainisakhilesh) February 28, 2016

See today’s high —- its 999

Its Party time.

Technically Yours,
Technical IQ,
Jaipur.

Nifty Spot Trading its key decision making area, which decides its long term positional trade.

As we told you in our previous post.

We keenly looking for 7053.90 (7055 roughly) levels on Nifty spot, May be served as a Line of Control between Bulls and Bears.

Nifty Spot LoC closing basis 7053.90

Nifty Spot LoC closing basis 7053.90

High probability Bulls may control short term command for near term after budget.

If prices manage to trade above 7053.90 ……. We are looking market may test 7234 …..then upto 7351.

In downside means only below 7053.90 maintain price (Stoploss for bears )may enter in severe panic and can test 6576 in short term.

Learn to take your own decision.

We have same view in Nifty and Bank Nifty.

Just watch and trade wisely.

As said 7203 is LOC for nifty.

As said 7203 is LOC for nifty.

Which is breached and managed by Nifty.

Key level for both Positional as well as Day traders…

For short term go long if price maintain above 7186 or closes above 7215 level.

Targets 7303 …. then 7393.50.

It is just for your consideration…

Nifty serve 7203.15 its LOC for today.

If USD INR traded above 68.5975 above then sell on rise strategy adopt for trading equity indexs.

7215.15 stoploss here for day trader.

Target seen 7121/7086….. then 7060.

We do not believe in Intraday trading much.

Positional trader Better avoid and wait for more clues.

We Intact same positional view on Nifty

Keep yourself long on Nifty above 7088 (better weekly) closing basis.

Targeting 7215 ……. 7450 (Long term trend decider – LOC) ++ in short term.

Same LOC for Bank Nifty is 13950 closing basis.

Intraday may rally above 14278

Targeting 14606 …… 14736.60.

*Note: Avoid to long Nifty/Bank NIfty aggressively if USDINR traded above its key resistance level i.e. 68.5975

Market Analysis is subject of probabilities/Possibilities not certainties.

Technically Yours,
Team Technical IQ,
Jaipur.

What did we say…????

Bearish in Bank nifty only below 13900 (Closing Basis – Only few Investors understand)

Learn Importance of Risk-Reward based trading practices.

:::::We ready to press:::::

Nifty 7055.55 above ——- more then 125 +++ now

and more more more

We don’t flash daily calls as We believe in positional trading.

Our subscribers understand us.

If Nifty Manage to trade above 7055.50 then some relief rally may possible.

Decider – 7055.50

Decider – 7055.50

But immediate short term tight trading range seen on Charts 7055 – 7365.

How you trade trading range ??

Learn about option trading strategies.