Tuesday, May 21, 2013

Nifty Strategy



NIFTY FUT (6164)

Closing Base Support and Resistance
Nifty Support at 6150-6126-6100

Nifty Resistance at 6204-6240-6262
 
Today market will open flat. Yesterday we saw some profit booking on higher side. Still market is in bulls hand only. Please dont short sell in market at current level. On lower side its buying opportunity. Today nifty
is having major support at 6150 on closing basis. Nifty has to close above 6150. otherwise below 6150 nifty may touch 6100. Buy index base stocks which are still on lower side. Due to result season Keep sl in every trade. 
 
Yesterday we told nifty support at 6152 and nifty made low at 6154 and nifty closed at 6154. 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 6206 for the target of 6223-6244-6261 Keep closing base sl at 6191.


 
NIFTY SELL CALL
Sell Nifty only below 6142 for the target of 6133-6117-6102 Keep closing base sl at 6158. 

We have started Live calls during the market hours for that 

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