Nifty futures was trading lower for last 6 sessions due to negative news of inflation and fear of interest rate hike in near term by RBI. But yesterday nifty finally taking its support at key level of 5700, finally closing above 5800 mark yesterday. So we can conclude that a consolidation period will continue for few session before a bounce back to 5900 levels. So as long as nifty is trading above ... [Continue Reading]

Nifty futures has been trading lower for last 5 sessions due to negative news of inflation and fear of interest rate hike in near term by RBI. We saw yesterday nifty touching its double bottom of 5744 level which acts as a strong support level. So as long as nifty is trading above 5744 level we see limited downside with upside potential target of 5989 level. So we would we look for buying ... [Continue Reading]

Nifty futures has been trading lower for last 3 sessions due to low liquidity in the markets. We see a resistance level do exist near 6098 level, so our initial strategy for today is to wait for breakout in nifty futures above 6050 level for intraday targets of 6075 and 6099. Nifty is trading flat with limited downside holding 6000 strong support, most of the world indices are trading firm after a ... [Continue Reading]

Nifty future is now ready for up move so our strategy for trading will to buy nifty at every dips. Also we see nifty trading above 6091 level this validate our bullish outlook. We will recommend you to buy nifty futures above 6091 for short term target of 6200 and 6222. A stop loss can be placed near 6077 level. So we are in a market that has limited downside from here and potential upside is ... [Continue Reading]

Nifty future is trading higher today after good rally in last 3 sessions. We are extremely bullish in short term. We will now look for buying opportunity near 6167 levels for intraday target of 6196, at higher levels we are going to find resistance at 6200 level, which is strong resistance now. Once we break this resistance we will witness more buying upto its next resistance of 6222 level. So for ... [Continue Reading]