Monday, May 20, 2013

Nifty Strategy


NIFTY FUT (6196)
Closing Base Support and Resistance
Nifty Support at 6176-6150
Nifty Resistance at 6242-6262-6347 
 
Today market will open in gap up. Today nifty may start above 6200 levels. If nifty sustain above 6210 for half hour then we will see good buying support in market and nifty may touch 6242 and more very quickly. We again recommending to dont short on current level. Buy index base stocks which are still on lower side.  Due to result season Keep sl in every trade. 
 
Last Friday we told nifty resistance at 6199 and see nifty made high of 6209 but closed its below resistance at 6196. You can also predict this way with the help of our Technical Analysis course. Very soon we are going to start Technical Analysis Course. Be in touch with us


NIFTY BUY CALL
Buy Nifty only above 6211 for the target of 6228-6245-6262-6280 Keep closing base sl at 6197
 
We have started Live calls during the market hours for that 
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