Monday, May 11, 2009
NIFTY OUTLOOK FOR NIFTY TRADERS:
Nifty trading levels for Risk players:
Buy Nifty above 3710 keeping sl @ 3680 for a tgt of 3755-3775
sell Nifty around 3670 or higher with sl 3705 for a tgt of 3610-3550-3500
Nifty trading levels for Safe players:
Buy Nifty above 3730 sl 3700 tgt 3755
Sell Nifty below 3600 with sl @ 1% for a tgt of 3550 - Then if 3540 is broken with volumes then next tgt for Nifty short 3500
Major resistance zone for Nifty 3720/3780/3815 +/- 15points
Major support zone for Nifty 3580/3540/3480 +/- 15points
All above levels are in accordance to Nifty fut.
Above levels may change later as per market movement.
Buy Nifty above 3710 keeping sl @ 3680 for a tgt of 3755-3775
sell Nifty around 3670 or higher with sl 3705 for a tgt of 3610-3550-3500
Nifty trading levels for Safe players:
Buy Nifty above 3730 sl 3700 tgt 3755
Sell Nifty below 3600 with sl @ 1% for a tgt of 3550 - Then if 3540 is broken with volumes then next tgt for Nifty short 3500
Major resistance zone for Nifty 3720/3780/3815 +/- 15points
Major support zone for Nifty 3580/3540/3480 +/- 15points
All above levels are in accordance to Nifty fut.
Above levels may change later as per market movement.
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