7 January 2014

NIFTY STRATEGY FOR 08-01-14

For good NIFTY STRANGLE STRATEGY  for tomorrow visit  OPTION BLOG
NIFTY OUTLOOK FOR TOMORROW
Nifty started at the level 6203 and dropped till 6167 finally ended at 6196. We expect further fall in the index and the whole market unless the Nifty manages to move above 6210  and stay there on sustainable basis. The range between 6210 and 6240 is going to act as a significant supply zone  absorbing the supply in this range is quite crucial if, at all, there is going to be any recovery worth talking about....
In case, the levels above 6200 prove too much for the index then the range between 6170 and 6140would act as a support area, which if taken out we would see the Nifty heading for 6090 or lower levels shortly.
More about intraday tips on google +
RESISTANCE:6190, 6230,6280

SUPPORT:     6180, 6130,5090

5 comments:

  1. good strategy.. :-) keep continue giving such nice strategy..

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

    ReplyDelete
  3. I am changing my trade plan and your blog is such a support and source of inspiration to me thanks for such nice nifty tips.

    ReplyDelete
  4. nifty outlook is very useful for new traders.

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  5. Awesome thank you so much! I am also like and love to trade in nifty .your nifty blog is helpful for having knowledge about nifty related articles.

    ReplyDelete