NIFTY OUTLOOK FOR NIFTY TRADERS:
Nifty trading levels for Risk players:
Buy Nifty @ cmp around 4905-4910 keeping sl @ 4860 for a tgt of 4950-5005-5050
Risk players carrying shorts may hold unless nifty fut closes abv 4950
Nifty trading levels for Safe players:
Buy Nifty above 4955 sl 4920 tgt 4990-5035
Sell Nifty below 4800 with sl 4840 for a tgt of 4765-4720
Major resistance zone for Nifty 4950/5090 +/- 15points - closing basis
Nifty may look for Intermediate support @ 4830
Major support zone for Nifty 4800/4685/4580 +/- 15points
All above levels are in accordance to Nifty fut dec series.
Above levels may change later as per market movement.
Friday, November 27, 2009
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