• 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 Trading Level For 11 February 2011

By Bhaveek Patel Leave a Comment

Nifty futures is continuing its downtrend, as FII are still net sellers in the markets. The markets are likely to witness more selling pressure as long as nifty is trading below 5252 level. I will be looking for selling opportunities as as long as nifty futures is trading below 5252 level on intraday basis. Keeping bearish outlook for today, so short nifty below 5252 for intraday target of 5202 and 5171 level placing stop loss at 5266. However bears may book some profit near 5200 levels, so stay cautious at these levels with overall bias still bearish in near term.

At 11:15 AM (IST) Nifty is trading negative. But still trading below strong support of 5252 level, Today’s trend will be mixed with negative bias, However new short positions will be added at these levels. Nifty Future trading range can widen due to volatility, as in the support resistance levels.

Nifty Futures Level:
Resistance: 5252 / 5296
Support: 5201 / 5171

Nifty futures trading tips (11 February 2011): Sell Nifty Future below 5252 level for intraday target of 5202 and 5171 levels, also place Stop loss above 5266 level.

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Nifty Futures Support Resistance Level For 2 February 2011 Nifty futures is continuing its downtrend, as FII are on selling mood. The markets are likely to witness selling pressure and will continue till we see some short covering. As long as nifty futures is...
  2. Nifty Futures Support Resistance Level For 9 February 2011 Nifty futures is continuing its downtrend, as FII are still net sellers. The markets are likely to witness selling pressure as long as nifty is trading below 5353 level. I will be looking for selling...
  3. Nifty Futures Support Resistance Level For 17 February 2011 After some short covering Nifty futures extended towards 5490 levels on Wednesday. Markets are still mixed to bearish and will see consolidation before any upmove, however a strong resistance do exists at 5500 level which...
  4. Nifty Futures Support Resistance Trading Level For 14 February 2011 Today Nifty futures will see some short covering rally, however a stiff resistance do exists at 5353 level which is still acting as potential downtrend, as FII are continuing being sellers in this market. The...
  5. Nifty Futures Support Resistance Trading Level For 25 February 2011 On the expiry of February series some fresh short buildup seen in Nifty futures and is still targeting the 5200 area in near term. Markets are in bearish mood and will witness fresh selling pressure...

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: GBP/JPY Intraday Trading Levels For 10 Feb 2011: Buy GBP/JPY Above 132.75
Next Post: Intraday Stock For 11 Feb 2011: BUY IDFC At 131.6, Target 135

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