28 January 2014

NIFTY OUTLOOK FOR 29 JAN 2014

Buy Nifty future above 6150 tg 6180 ,6200,6230 sl 6120
NIFTY OUTLOOK FOR TOMORROW
A good volatile trading session  was today, Nifty started in green at the level of 6162 . After the RBI credit policy nifty could not sustain the level i.e. faced a downfall till 6088 the low oof today. But sooner it recovered and finally settled at the level of 6129....

However, if the FIIs so decide to press the sell button again or the bulls have more to liquidate then our expectation would be misplaced. In any case, the region between 6100 and 6000 is a strong support area. Even in the event of a recovery, unless we get a close above 6260 shortly, no recovery would be sustained.
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RESISTANCE:6150, 6180,6220

SUPPORT:     6130, 6100,6070

5 comments:

  1. Thank you for this nifty outlook. It was a great read.

    ReplyDelete
  2. A very informative blog. Thank you for sharing your knowledge.

    ReplyDelete
  3. Thanks for this good tips of nifty trading..

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  4. Thank you so very much for this highly informative post! I sincerely appreciate all your nifty tips and suggestions.Thank you, again..

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  5. Thanks for the helpful post.through your nifty tips we are trading in profit

    ReplyDelete