NIFTY VIEW UPDATE FOR 27.11.09

Hi friends,

hope u enjoyed  POWER SHORT Below 5079.92 for a points of 106 profit as nifty futures 4973 low done on a expiry day,now for bulls one 20 ema is the hope which is @ 4993.96 as nifty well close above this level @5005.55 which feels bears fearful by this closing 

20 EMA @ 4993.96 WHICH IS IMP SUPPORT
IF BREAKS THEN NEXT SUPPORT @ 50 EMA
@4912.32
ALREADY WARNED IN YESTERDAY POST
ABOUT BREAKING OF 5050 LEVEL AND ABOUT
LONG POSITIONS ALSO, DONT WORRY , WE HAVE GAINED
ENOUGH PROFITS FROM 4538 TO 5138 EVEN THOUGH MISSED THE
TARGET OF 5177 WITH JUST 39 POINTS
FOR CLEAR UNDERSTANDING GIVING FIBONACCI LEVELS ALSO FROM 4538.5 TO 5138 LEVELS

for tomorrow click the right side chart to know more, for ema finding click left chart : - 

More strategies will be given in live markets through chat box as per opening of nifty future : - 

FOR TREND CHANGING TIMINGS WILL UPDATE IN CHAT BOX IN LIVE MARKETS

regards,

rajesh.saladi