Thursday, March 7, 2013

Today's Nifty Strategy 7-3-2013

NIFTY FUT (5846.10) 
Nifty Support at 5822-5801
Nifty Resistance at 5851-5861
Today Market will open flat to lower side. Today we will see
consolidation in the market. Market may remain choppy in narrow range. Between 5820 to 5853 remain nuetral in market.
Today if Nifty sustain above 5853 then buy for the target of 5881-5897.

Today sell Nifty only  below 5820 for the target of 5808-5793-5781
If nifty close below 5791 then dont hold any long positions. remain neutral in market. 

Nifty is having major resistance at 5861. If Nifty close above 5861 then Nifty may Fire upto 5897-5949 in coming days.