Wednesday, April 8, 2009

Market OutLook 09-APR-2009


FlashBack

Nifty future opened with a huge gap down and made an unbelivable journey from my third target of short level to 2nd target of long level. Readers of the blog would have made handsome money in relinfra as it came to buy level of 581 and zoomed from there.


For thursday trading

Bull Level

Buy nifty future at retracement level of 3307 with stoploss of 3271 for targets 3367, 3393, 3415


Bear Level

Short nifty future at 3rd target level of 3415 with stoploss 3436 for targets 3367, 3325, 3307


ADAG magic is working
Below is the chart of relinfra where ADAG magic is starting to work.

For thurday trading buy relinfra at retracement level of 607 with stoploss 591 for target 637, 668
Have a great trading day !!!!

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