• 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 8-December 2010

By Bhaveek Patel Leave a Comment

Today nifty future has been weakening but we see a support level do exist near 5930 level, so our initial strategy for today is to buy nifty futures near 5935 level for intraday targets of 5972 and 5986. If nifty dont sustain above 5925 level then we are going to see bears active and markets will move to its next support of 5828. The trend will be mixed today following the european markets. Nifty Future trading range will be wide, as shown in the support resistance levels.

Nifty:
Resistance: 5974 / 5988
Support: 5930 / 5828

Nifty futures trade today (8 December 2010): Buy Nifty Future Above 5935 level for intraday target of 5972 and 5986 levels, also place Stop loss at 5922 level.

Or

Sell Nifty Future below 5912 level for intraday target of 5869 and 5828 levels, also place Stop loss at 5945 level.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Nifty Futures Support Resistance Level For 13-December 2010 Nifty futures has been weakening but we see a support level do exist near 5827 level, so our initial strategy for today is to sell nifty futures near 5966 level for intraday targets of 5817...
  2. Nifty Futures Support Resistance Level For 3-December 2010 Markets may witness profit booking after 4 day upside. We expect profit booking in nifty near 6027 levels today, however we are expecting volatile session today. Today’s strategy should be to Sell Nifty Futures below...
  3. Nifty Futures Support Resistance Level For 21 December 2010 Nifty futures has been following the global cues from strong Asian markets. We see a resistance level do exist near 6043 level, so our initial strategy for today is to sell nifty futures near 6040...
  4. Nifty Futures Support Resistance Level For 2-December 2010 Nifty may continue its yesterdays uptrend. We expect profit booking in nifty near 6020 levels today, however we are still bullish and will accumulate nifty on every dips. For Nifty future traders we recommend to...
  5. Nifty Futures Support Resistance Level For 22 December 2010 Nifty futures has been following the global cues from strong asian markets. We see a resistance level do exist near 6043 level, so our initial strategy for today is to wait for breakout in nifty...

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: Intraday Trading Analysis on EUR/USD: Sell EUR/USD Below 1.3395
Next Post: Nifty Futures Support Resistance Level For 9-December 2010

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