Tuesday, December 17, 2013

NIFTY OUTLOOK FOR TOMORROW

Buy Nifty 6200 call @48 and Nifty 6100 put @48
NIFTY OUTLOOK FOR TOMORROW
Nifty shed 15 points to 6,139 its lowest closing level since 28 November 2013. The index hit a low of 6,133 and  a high of 6,190 in intraday trade.As we have predicted downfall of nifty continued since last two days.. Nifty range to be monitored will be 6150-6120.If bear able to fell below 6120 next level to be witnessed will be 6100. This week market will be highly volatile due to FED meet and RBI policy on 18th December....
Advance numbers are mixed. We may see a clear trend from 19th. Yesterday Us and european markets were positive. The best possible strategy is to wait and watch in the sidelines to pick right and sit tight.
More about intraday tips on google +
RESISTANCE:6130,6160,6190

SUPPORT:     6120, 6100,5090

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