NIFTY FUTURE TRADING STRATEGY FOR 28/01/13

LAST CLOSE @ 6083

WEEKLY SUPPORT @ 6060 AND MONTHLY SUPPORT @ 6003

IN INTRADAY.............ABOVE 6068...............BULLS HAVE UPPER HAND

TARGET 6096------------6109

SUSTAIN ABOVE 6109

NEXT RALLY UPTO 6134 NOT RULED OUT IN INTRA !!!

NOW SEEMS STIFF RESISTANCE AROUND 6096 AND 6109 LEVELS

BEARS POWER ONLY BELOW 6054

SUSTAIN BELOW 6054

BEARS MAY EXTENT THE FALL UPTO

6037-----------6028------------6011 LEVELS

2-3 DAYS CONSECUTIVE CLOSING ABOVE 6060

CAN EXPECT HIGHER LEVELS IN COMING DAYS

SHORT TERM SUPPORT @ 6060 AND 6000 LEVELS

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