Wednesday, March 6, 2013

Today's Nifty Strategy 6-3-2013

Yesterday Nifty Closed at 5802.80
Yesterday our both Nifty target achieved
5780 and 5805.
Today market will open in Gap Up
 Today Nifty may trade highly volatile.

On chart Still Nifty is still in down trend. 

Nifty Resistance for Today at 5861-5897
and 
Very Crucial Support at 5791


Yesterday in market time we told
If nifty closing above 5760 then hold long position
and Nifty may touch 5819 to 5841.   

 If Nifty sustain above 5841 then 
major Hurdle at 5861.

If Nifty close above 5861 then Nifty may Fire upto
5897-5949 in coming days.

 Today if Nifty breaks 5791 then it may touch
5756-5721.
 
If nifty close below 5791 then Dont hold any long positions
Remain neutral in market.