Tuesday, January 15, 2013

MARKET VIEW :FUTURE TIPS FOR TOMORROW

Buy Nifty future above 6090 tg 6120,6150,6180 sl 6070
NIFTY OUTLOOK FOR TOMORROW
Nifty rose 32.55 points 6,056, its highest closing level since past 2 years. The index hit high of 6,068.50 and low of 6,018.60 in intraday trade...
The index is showing renewed vigor and is likely to carry on the momentum that it acquired yesterday. The levels above which the index must stay are located between 6020 and 6040. Unless the Nifty falls below 6020, the bulls would continue to retain its newfound strength. Now, we need to see it sustaining above 6040 and clear once it does that and it stays above 6050-mark, we can expect it to scale up to 6080.

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RESISTANCE:6020 6040,6080
SUPPORT      :5980, 5950, 5920

1 comment:

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