Nifty Futures Update For 21st April 2015

Nifty Futures Update 10.45 Am 21st April 2015

Nifty Futures continues down move in sharp manner as predicted. Nifty Futures both Minor and Major Trend continue to remain down. Kindly avoid any bottom fishing or don’t try to play for pullback it would be better to sell on rise if any rise comes.

Nifty Futures Update 9.45AM 21st April 2015

We have advised our clients to continue holding shorts with trailing SL Our view remains the same. However if sharp pullback comes then at small SL points we should sell.

Nifty Futures Update 6.30PM 20th April 2015:

As expected Nifty Futures gave us confirmation of 7961 and started sharp fall. We have been constantly been advising our clients to be on cash from 8750, get out from weak sectors like Private sector banks.  All brokers are saying reason for fall is MAT or basket selling from some DII based in Nariman point, but I don’t believe all these reasons as the charts were very very clear and we have been saying that be cautious in longs.

Kindly see our archives on 4th March 2015 we told to exit longs in stocks for targets of 8450. Then from on 26th March at 8300 we were advising longs till 8750 and we did sell small qty and covered and then today Nifty Futures has given us confirmation of 7961. If only daily post were followed lot of money would have been made.

Nifty Futures is now sell on rise, but one sharp pullback is possible from when, where etc details will be given to our subscribers via what’s app.

For More details on Nifty Futures / Portfolio advisory services feel free to call me on 9222294707

SGX Nifty Chart is enclosed below for reference.

Good Trading To You!