OurNifty.com

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 level for intraday targets of 6015 and 5996. Nifty is trading firmly above 6000 level we are going to see bulls active, but strong resistance at 6043 level must pull the markets back to 6015. The trend ... [Continue Reading]

Nifty future has finally found support at 5750 level, forming double bottom. We have now changed our view from bearish to consolidation in short term. We will now look for selling opportunity near 5950 levels for short term target of 5895, at lower levels we are going to find support at 5896 level, which is strong support now. Once we break this support we will witness more short selling upto its ... [Continue Reading]