Monday, February 24, 2014

MARKET PREDICTIONS FOR 25 FEB 2014

"RCOM 110 Put achieved 'I' target"
"And MARUTI FUTURE given in last post made a high of 1697"
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On Monday Nifty future has closed at   6193.Nifty  future  started at 6,155, made  a high of 6,199 and a low of 6,142. Nifty future moved in a range of 57 points throughout the day
The market may remain volatile this week as traders roll over positions in the futures and options  segment from  February 2014 series to March 2014 series. The February 2014  series  expire on Wednesday, 26 February 2014. The stock market remains closed on Thursday, 27 February 2014, due to festival of Mahashivratri.
 We, however, need to see the index staying above the most critical levels between 6200 and 6230  during the session. In any case, we would really have some confidence for a better Tuesday only if  Nifty future get past 6210 – 6250 range and closes there.
RESISTANCE:6210, 6230,6250
SUPPORT:     6240, 6220,6200
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2 comments:

  1. I appreciate the effort kept by the author for publishing this blog on nifty future..

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  2. Thanks for the great tips for beating the market. I guess my problem was not keeping enough stoploss in nifty. I will definitely keep it…

    ReplyDelete