Daily Nifty Newsletter for sep 10
- Category: Analysis
The greatest victories in life rarely come from those who are sad, pessimistic or lacking enthusiasm.
When we approach challenges in any area with enthusiasm, we set a new foundation that starts us off on the right foot. This does not automatically happen. We all need to decide that we are going to start changing the way we begin our trading sessions.
Before we jump on our computer and look at our charts and start executing trades, take about 15 minutes to set the tone for this session. Take a few deep breaths, forget about the list of tasks that you have to deal with today, get a piece of paper and write down 1 or 2 items that you will focus on during today’s trades.
Once you have your mind set and your 2 items ready; say out loud “I am ready to trade”. Say this with enthusiasm and then sit down and begin.
You will have a new perspective on today which does not include focusing on the profit results, but instead on the process. Your trading session will have new meaning and you are now set to be triumphant in today’s trades.
Last Week ,We had Boldly that Crucial Support is at 5235 (Trendline Major Support ).On Thursday it kissed low of 5237 & taken U-turn !!
(We Boldly Told our Subscribers to Buy with stoploss of 5228-5202-5190 is Rockbottom )
(Our Targets were :5266—-5283–5289 ,Same Day it kissed 5285 )
On Friday ,We had Boldly mentioned ………..Will zoom to kiss 5349-5363 and 5363 is Last Hurdle
-On Friday it kisssssssssssssed 5362.75 & closed @ 5359 )
Yes ,U can Read……….level ….Above 5363 level (Forecased on Friday itself )
Last Close :5380
-Above 5363 ,No worry for We see Rally upto 5405 —-5419 level !!
-Yes ,5419 is LAXMAN REKHA …If able to cross and stays above this level for 15-20 minutes then…Watch Explosion upto 5439,5461,5475.
(101% Above levels are valid if trades or closes above 5419 level )
Support @ 5352—-5343 7DEMA @ 5325 level !!
Gap of 5285 …….will have to be Filled…….Just need Patience !!
-More Details ,Intraday levels to our Subscribers-