14 January 2014

NIFTY OUTLOOK FOR 15-01-14

Buy IFCI 25 call @.35 tg .75,1.10 sl.10
NIFTY OUTLOOK FOR TOMORROW
Nifty started in green but couldnot sustain the level 6270 as it fell till 6238 and finally ended at level 6241.Finally, there is a directional move in the index—it has given a bullish reversal, at least for the short term. Now, unless it falls below 6230 tomorrow , it is not likely to show any significant weakness to affect the newfound strength of the bulls. ...
In fact, the range between 6230 through 6210 would be a significant support, which unless violated would suggest continuation of the up move.
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RESISTANCE:6210, 6230,6260

SUPPORT:     6200, 6170,6130

6 comments:

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  3. binoy chakraborti15 January 2014 at 09:30

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