23 December 2013

NIFTY OUTLOOK FOR FOR 24 DEC 13

As we have predicted nifty started upmove and reached above 6300 but has witnessed downtrend in the market, although nifty had raised in the midday. The peak point was 6315 and the valley point was 6281.
For Monday we may expect nifty continue the upmove. The level of 6260 will act as resistance , if nifty crosses range of 6280-6300 then we can see it till the level of 6320 . Nifty remain above 6300 on sustainable basis then we can say bulls have captured the drivers seat again.
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RESISTANCE:6260, 6280,6320

SUPPORT:     6240, 6220,6200

5 comments:

  1. i think this article is really helpful especially for new traders..thanks for the nifty tips.

    ReplyDelete
  2. Reading this article came to know about price premium of various segments in nifty futures.

    ReplyDelete
  3. Extremely good, very useful and informative,Very good listing and everything is true. I would also like to have articles on indian stock market.

    ReplyDelete
  4. This is very helpful, thanks!
    it makes me feel less crazy and control for trading

    ReplyDelete
  5. Great outlook ! Next time I will refer it before I plan my trade for next day.

    ReplyDelete