Tuesday, January 1, 2013

NIFTY FUTURE TRADING STRATEGY FOR 02/01/13




LAST CLOSE @ 6008

STRONG SUPPORT @ 5980 LEVEL

2-3 DAYS + WEEKLY CLOSING ABOVE 5980.....WILL TAKE TO HIGHER LEVELS ATLEAST

6040 - 6060 - 6075 LEVELS IN COMING DAYS BEFORE JAN EXPIRY

NOW SHORT TERM SUPPORTS @ 5980 --------- 5960 -------------5930

AVOID  POSITIONAL SHORT ABOVE 5980 LEVEL

TODAY....ABOVE 5999....BULLS IN POWER

TRY TO HIT 6022 - 6042 LEVELS NOT RULED OUT IN INTRA

THEREAFTER 6060 WILL ACT AS HURDLE FOR BULLS

SUPPOSE SUSTAIN BELOW 6000...FOR 10- 20 MIN WITH VOLUME

MAY SLIDE TO 5985 ------- 5980 --------5960 LEVELS IN INTRA

 ALREADY WRITTEN.....ABOVE 5930.... TARGET BEFORE JANUARY 8 
 6040 - 6050

Subject To Disclaimer









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