AUTOMATED TRADING

AUTOMATED TRADING

13 March 2013

MARKET UPDATE

Nifty consolidation is continue. 5993 which was Friday low acted as support in yesterday's session also.
Fresh short position created only below 5880. fresh long position created only above 5970. sideways and volatile move expected till than. An another blasting rally is awaiting in our Indian market. Wait and watch action is advisable until nifty break both side action. As per wave perspective currently we are in second wave and second have the capacity to retrace up to 78.6% of previous wave. Therefore wait in nifty movement that from where nifty reverse. As per my psychology of price pattern and chart reading up move is due in our Indian market and this should be happen from today or tomorrow.

Posted by at

Disclamer:-

Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Futures and Options markets. Don't trade with money that you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell Futures or Options.

The contents of this site are for general information purposes, only. The strategies/plan discussed above in this thread/site is made by me based on data which is operated and maintained by third parties. However it is tested and proved every attempt has been made to assure accuracy, but it is by me only. We assume no responsibility for errors or omissions. Examples on this site and in the manual are provided for illustrative purposes and should not be construed as investment advice or strategy. The future data manual is for informational purposes only. These predictions/tips are technical , based on charts conditions ONLY. This is only a guideline, the decision has to be taken after logical thinking by you. Technical analyst and astrologist will not be liable for any personal or financial losses or profits.

The information and views in this website & all the services we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most.

By your act of reading this independent and individual market research, you fully and explicitly agree that Rajesh Singh or My website (www.niftyeyes.blogspot.in/www.niftyeyes.in) will not be held liable or responsible for any decisions you make regarding any information discussed herein. Take a proper advice from a certified adviser before invest in future and option market.