Tuesday, May 18, 2010

Estimates for today

Markets are moving slowly in the 5020-5072 range from yesterday.

As expected the auction is in this zone 'cos of the fast upmove from yesterday afternoon above our 5020 levels.

For today 4987 ( Nifty spot ) holds the key to the move. 4987 has to provide the support to the market for yesterday's big upmove to be justified.

11 comments:

satheesh said...

Good morning Shai,

Can you give the VAH,POC and VAL values for nifty today?

INDITRADER said...

I hope we get similar trades as like Yesterday?

manu said...

@ shai pa ji..
sorry issed action frm last 5 days..
and d new version of my fav. blog..

u aldo do post "new post done"whn u post a page..
it wl be helpfull

and say hi 2 viren..
amazing wrk u both do"jai and veru"

Shai said...

Satheesh,

5016-4987-4966 Nifty spot levels.

Shai said...

Manu,

Jai and Veru :) : )

Good suggestion on the page update.

bizagra said...

Hii Shai, any trade like yesterday??or u r waiting for 4987 as given in morning post.

satheesh said...

Thanks shai

Shai said...

Bizagra,

It's still 5020- 5072. Let it resolve or one can play both sides with a SL.

4987 will be the last nail in the coffin for bulls.Below that you will get 48xx levels.

bizagra said...

Thanks Shai.

manu said...

@ shai..

lets put like "sh(j)ai and Vir(U)en"

but whr is basanti(nifty) and dhano(MP)

Shai said...

Manu,

That a good one.

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New post with Chart.