Tuesday, January 28, 2014

Nifty Trading Plan –28th Jan


 

TraderAdda TRADING PLAN

 

 

  • This will consist of VSR LEVELS (Visual Support and Resistance Levels). These are very Special levels which are focused for taking positions in INTRADAY and also for POSITIONAL Trades.

 

  • At these levels we see the Behavior of the NIFTY on Charts and based on it we can enter here.

 

  • These levels Provides Very GOOD REWARD/RISK RATIO.

 

  • All Levels are SPOT LEVELS Unless it has been mentioned specifically.

 

TraderADDA VSR (Visual SUPPORT and

RESISTANCE) Levels for 28th Jan:-

image

  • Today as RBI POLICY is ahead there will be volatility in market and this may lead to break previous support of 6120-30 levels.. from where market has taken support.
  • Ultimately we think that market may move towards 6043 is what we expect  may be in today or tomorrow.
  • But if due to any reason NIFTY GOES to 6223 then one can have a good chance to SHORT.

 

CURRENT STATUS :-SHORT FROM 6353.


For Further Reading,
Nifty Levels/View, Supports and Resistance

1 comments:

SAM on January 28, 2014 at 10:23 AM said...

As expected NIFTY has getting Resisted arround our VSR Resistance level 1 of 6157.

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