Nifty book full profits... Enough now!!!!

Nifty has reached a gap resistance near 5920-5940 and is also vulnerable to the areas of 5980 & 6000....

It would be advisable to book full profits in the long call initiated on 4th March @ 5680-90..... and then wait and watch....

Cheers

Hrishi

JP Associates!!!

Hi All,,

JP associates looks positve on the weekly charts with supports near 66-65 and targets near 84-90-100-105.....

Aggressive traders can buy now, whereas conservative traders can wait for a small correction......

Nifty target achieved!!!! Long @ 5680-90!!!

Hi all,

As per the post dated 5th March 2013 (http://hrishikeshprabhavalkar.blogspot.in/2013/03/on-way-to-5850.html) Nifty achieved its target of 5850 levels...

Now 5880-5900-5920-5950-5980 are the crucial levels to watch out for....

On the basis of the popular trading rule, Let the Profits run, I advise you to book another partial profit near 5850-70 levels and trail the stop loss further to 5795 levels.... The long call was initiated @  5680-90 levels on 4th March 2013...

Cheers

Hrishi