Monday, March 4, 2013

Today's Nifty Strategy 4-3-2013


Yesterday Nifty Closed at 5730.


Last Friday we saw Nifty remained neutral
We told on Friday morning dont buy anything on higher side.
Still we advise dont buy wait for some more time.

Today market may open on lower side.
May remain choppy to highly volatile.

On chart Market is on down trend. 
So wait for buying signal on chart.   

Today if Nifty breaks 5691 then ready for

5672-5656-5623-5600.
Keep Stop loss for short sell at 5713 (closing basis) 
  
Now Nifty Resistance for Today at 5759
and 
Very Crucial Support at 5700-5673.

If nifty sustain above 5760 for 15 Minutes
then  only Nifty may touch 5780-5805  

Remember since last four days, we are telling  
Nifty below 5751 nifty may touch 5580 in coming days.