Thursday, February 28, 2013

Today's Nifty Strategy

Yesterday Nifty closed at 5798.  

Today is last day of expiry of Feb 2012 Futures

Today


 Will Declare
India Budget at 11:00 AM 

Due to Budget announcement
we may see Roller Coaster Drive in the market.

If nifty sustain above 5835 with volumes then it will touch 5849-5862-5883-5910
(SaFe TraDer AvOid TodAys IntRaDay TraDinG)


Nifty Major Resistance at 5889 if nifty close above this level, then  nifty may touch 6000-6100 very quickly in coming days
&
Final Support at 5751 If nifty close below then NEW PRESSURE will generate and nifty will break 5700 may touch upto 5580 in coming days.