Wednesday, May 8, 2013

Nifty Strategy


NIFTY FUT (6050)
Closing Base Support and Resistance
Nifty Support at 6029-6006-5991
Nifty Resistance at 6081-6099-6118
 
Today market will open gap up. Bulls are in full form and trying to cross 6111 in coming days. Today one important announce due for Govt. This announcement will drive the market. Today nifty is having major resistance at 6081-6118. If nifty sustain above 6081 then we will see 6111 to 6200 very quickly. If nifty close below 5980 then remain neutral in market. Today we recommend to remain neutral in market till 12 noon. Due to result season Keep sl in every trade. 
 
(Very soon we are going to start Technical Analysis Course. Be in touch with us)

Buy Nifty only above 6071 for the target of 6086-6100-6117 Keep closing base sl at 6058
 
Sell  Nifty only below 6020 for the target of 6007-5991-5977 Keep sl of 6033 on closing basis.
 
We have started Live calls during the market hours for that 
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