• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Nifty Futures Support Resistance Level For 1 March 2011

By Bhaveek Patel Leave a Comment

Yesterday Nifty futures seen much large swings in intraday basis, open interest data shows that some short covering and fresh long build up seen in nifty futures march series. We will advice traders to go long for today as buying support can be seen near 5435 level in nifty futures targeting 5500 area today. Markets are in consolidation phase and may witness some fresh buying in today’s session. The markets are likely to continue yesterdays buying interest pushing markets north. I will be looking for buying opportunities today as long as nifty futures is trading above 5439 level on intraday basis. Keeping bullish outlook for today, buy nifty futures above 5439 for intraday target of 5500 and 5529 level placing stop loss at 5411.

Nifty Futures Level:
Resistance: 5500 / 5529
Support: 5401 / 5379

Nifty futures trading tips (1 March 2011): Buy Nifty Future above 5439 level for intraday target of 5500 and 5529 levels, also place Stop loss above 5411 level.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Nifty Futures Support Resistance Level For 9 March 2011, Buy or Sell Nifty futures is facing strong resistance at 5555. Open interest data shows that some fresh short build up seen in nifty futures march series. We will advice traders to trade short for today as selling...
  2. Nifty Futures Support Resistance Trading Level For 4 March 2011, Buy Nifty Above 5555 Yesterday Nifty futures didn’t manage to close above 5555 level (strong support) hence we may see some profit booking. open interest data shows that some short covering and fresh long build up seen in nifty...
  3. Nifty Futures Support Resistance Trading Level For 10 March 2011 Nifty future is still trading below its crucial level of 5500, we are however bearish as long as nifty is trading below 5500 level. Downside risk are emerging as technical indicators are loosing the momentum...
  4. Nifty Futures Support Resistance Trading Level For 17 March 2011 Nifty futures is trading in tight range, consolidating before any further up move. We see this consolidation to continue for a week, before we see any breakout in either direction. When we speak about Nifty...
  5. Nifty Futures Support Resistance Trading Level For 15 March 2011 Nifty futures is facing strong resistance at 5555 and is trading down by more than 150 points today. The major selling came from the global cues in japan, as Nikkie 225 fell by more than...

Category: Nifty Tags: nifty/ Nifty Analysis/ Nifty Levels

About Bhaveek Patel

Bhaveek 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.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: Forex: GBP/JPY Intraday Trading Levels: Buy GBP/JPY Above 132.55
Next Post: Gold (Spot) Intraday Trading for 1 March 2011, Buy Above 1411

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2025
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2025
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2025 Should you buy?
  • BSE Penny Stocks List 2025

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Results Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2025 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean