11 October 2013

NIFTY OUTLOOK FOR MONDAY

Sell Hindalco future below 114 tg 112.60,110.0 sl 115.80
Buy Nifty 6200 call @75tg 110,140 sl 51
NIFTY OUTLOOK FOR TOMORROW
Nifty started in green and sustained above 6000 till the end. It made a high of 6104 and a low of 6050. On the way up, above 6050-6070 are resistance level to be witnessed.Unless the Nifty falls below the range between 5970 and 5950....
the bulls would have no problem pushing the index further up even if there were to be any dip initially—in fact, that would be a good opportunity for them to add to their positions. Only if there is a big fall and the index goes down below 5930 the weakness signs will resurface.
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RESISTANCE:6030, 6070,6100

SUPPORT:     5990, 5980,5960

1 comment:

  1. I am changing my trade plan and your blog is such a support and source of inspiration to me …Keep it up !

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