Saturday, March 1, 2014

BULLISH NIFTY TREND FOR MONDAY

Sell Nifty future below 6275 tg 6255,6235 sl 6295
NIFTY OUTLOOK FOR TOMORROW
Nifty opened and ended on positive note.It  made a high of 6275 and a low of 6243 today.Week started on positive note with the Indian Equity benchmark index Nifty opened at 6,155  and showed secular upside movement throughout the week.As we have predicted in our last post  positive sentiments were sustained through the roll over of Feb contracts to Mar contracts and Nifty  closed at 6,282 on a weekly note up by 118 points with a four trading sessions winning streak. Overall trend of Nifty  is still looking bullish on chart, while a short term correction can be observed .....
If it sustain above its pyschological support level of 6,200 then further upside movement can be expected till the next resistance level of 6,270 and further till 6,300 on monday
More about intraday tips on google +
RESISTANCE:6280, 6300,6350

SUPPORT:     6260, 6220,6180

2 comments:

  1. Reading this post came to know about price premium of various segments in nifty futures and nifty options.

    ReplyDelete
  2. Such great tips, thanks for it…

    ReplyDelete