A new uptrend already has started in nifty future and now strategy for nifty future traders is to look for buying signals on slow stochastic indicator. Markets have extended their early gains and now traders are waiting for a correction to re-enter market. This correction is being predicted by traders across country, now only we can wait and watch nifty future for now, or just buy some small quantities of nifty 5300 put option. News release across globe is driving growth and we are very careful about this good news, Greece is likely to get another bailout package. For now nifty future has closed above 5400 level for first time and this will lead to create more optimism among long term investors. So for now any pullback in nifty future will be taken as buying opportunity, mid-cap stocks will outperform than the large cap names. We are also accumulating some midcap stocks which we will reveal in our next article.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
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