AUTOMATED TRADING

AUTOMATED TRADING

26 October 2013

VOLTAS



A positive negative divergence has seen on VOLTAS Hourly  chart. any sustainable move below 83.75 will take price till 79 level very soon. Keep stoploss at 86.
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24 October 2013

THIS MAY BE YOUR BEST CHANCE



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NIFTY WAVE LATEST UPDATE FOR 24 OCT

Either 4th wave fall is completed yesterday or it is due to 6103-6070-80. Any move above 6220 will confirm that 4th wave completed yesterday and 5th has started. any fall around 6103-6080 will be buy opportunity. If 4th completed grab nifty above 6220 for 6330-65 target.
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21 October 2013

NIFTY 5th WAVE EXTENTION

Nifty is in topping process. In below hourly chart we can clearly see the extension. 6230 (spot) may act as  hurdle for nifty  and dip towards 6040 once again. Trade cautiously towards upside. Negative divergence on hourly momentum indicator may force to slide nifty towards 6040 once again.


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