Nifty future is now in consolidation before any possible breakout, we are however bearish as long as nifty is trading below 5500 level. Downside and upside are both unpredictable from here. We will advice traders to stay away from this market, as risk is now going higher. If nifty is able to break above 5527 level for two days continuously then we will see a short covering rally upto 5700 level. ... [Continue Reading]

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 trading below 5500 levels we will be bearish and keep short positions on nifty futures with intraday target of 5452 and 5439 level. Also we will trade with strict stop loss of 5500. So we will look ... [Continue Reading]

Nifty futures is continuing its downtrend i.e trading below its strong support level. The selling pressure will continue till we see some short covering rally. As long as nifty futures is trading below 5515 levels we will be short on nifty futures with intraday target of 5442 and 5419 level. Also we will trade with strict stop loss of 5521. So we will look for the selling opportunity as long as ... [Continue Reading]

Nifty futures yesterday closed below 5628 level i.e below its strong support level. The selling pressure will continue till we see some short covering rally. As long as nifty futures is trading below 5628 levels we will be short on nifty futures with intraday target of 5572 and 5545 level. Also we will trade with strict stop loss of 5630. So we will look for the selling opportunity as long as ... [Continue Reading]