Nifty future is trading strong today, and is still trading above its strong resistance level of 5888, we will however be bullish as long as nifty is trading above 5890 level (on closing basis). Risks are increasing as technical indicators are mixed momentum from current levels. We will advice traders to stay long in today's market, unless nifty futures trades below 5876 level. If nifty futures ... [Continue Reading]
Nifty Futures Trading Target Level For 13 April 2011, Sell Below 5884
Nifty future is trading lower by 77 points today, but it is still trading above its strong support level of 5802, we will however be bullish as long as nifty is trading above 5802 level (on closing basis). Risks are increasing as technical indicators are loosing the upward momentum from current levels. We will advice traders to stay short in today's market, unless nifty futures closes above 5871 ... [Continue Reading]
Nifty Futures Trading Target Level For 13 April 2011, Buy Above 5824
Nifty futures has found near term support at 5767 level and is trading firmly above this level today. The major buying came from the FII, retail investors. We will advice traders to trade long for today as buying can be seen near 5824 level in nifty futures targeting 5855 area today. Markets are in bullish mood and is likely to witness fresh buying in today's session. The markets are unlikely to ... [Continue Reading]
Nifty Futures Trading Target Level For 11 April 2011, Buy Above 5802
Even though Nifty future is trading lower today, but it is still trading above its strong support level of 5802, we will however be bullish as long as nifty is trading above 5802 level (on closing basis). Risks are emerging as technical indicators are gaining the upward momentum from current levels. We will advice traders to stay long in today's market, unless nifty futures closes below 5802 ... [Continue Reading]
Nifty Futures Trading Target Level For 4 April 2011, Sell Below 5888
Nifty futures is facing strong resistance at 5888 and is trading below this level today. The major selling came from the FII, retail investors. We will advice traders to trade short for today as selling pressure can be seen near 5888 level in nifty futures targeting 5840 area today. Markets are in bearish mood and is likely to witness fresh selling in today's session. The markets are unlikely to ... [Continue Reading]
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