Buy PantaloonR 230 put @6 tg
12.90,16.60 sl 3.50
Buy IDEA 100 call @ 2,20 tg 3.90,5.20
NIFTY OUTLOOK FOR TOMORROW
Nifty opened near 4940 but could not sustained above it and dropped till 5904 at
the end of the day.The Nifty looks well set for another gap up opening on Monday
morning above 5900. Initially, we need
to monitor the price movement around the first key price zone between 5920 and
5940 if the index stays above 5940 on sustained basis then we can expect it to
climb higher....
The next significant resistance above the psychological 5950-mark
is at 5979. Once this is cleared we are headed for a test of 6000-level.
However, our projection—despite this buoyant sentiment for the current upswing
continues to be the zone between 6010 and 6025. We do not expect this range to
be crossed at one go without some consolidation at levels below this range.
For free nifty tips
fill the form on the right hand side ----->
RESISTANCE:5940 5960, 6000
SUPPORT :5900, 5870,
5830
