Showing posts with label nifty furure tips. Show all posts
Showing posts with label nifty furure tips. Show all posts

Wednesday, December 26, 2012

Nifty view Today & Tomorrow

The call of Nifty future given in last post achieved two targets and made a high of 5926 today.
NIFTY OUTLOOK FOR TOMORROW
As we have predicted in last post nifty not only crossed 5900 but also sustained this level on closing price  basis. The index hit high of 5,917.30 in intraday trade, its highest level since 20 December 2012. The index hit a low of 5,859.55 in intraday trade.. The market may remain volatile tomorrow, 27 December 2012, as traders roll over positions in the futures & options (F&O) segment from the near month December 2012 series to January 2013 series. The near-month December 2012 derivatives contracts expire tomorrow, 27 December 2012.Nifty may open above 5900 and also sustain there. The level 5900 will provide  good support and once level is taken out the next range to monitored will be 5940-5960.
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RESISTANCE:5940 5960, 6000
SUPPORT      :5900, 5870, 5830