Markets are likely to open positive, on firm asian markets. We will witness good buying at lower levels today may be near 5800 level. As markets are more likely to strengthen so buy nifty futures near 5800 level. The trend will be positive today, also volatility will be low compared to past few sessions. Nifty will be in a wide range as shown in by the support resistance levels ... [Continue Reading]
We Expect Nifty to Bounceback Next Week to 5979 Level
As we saw a strong selling in the broader markets for the week, we are now seeing that this correction cannot be ruled out to more extend. So a bounce is expected by support at lower levels followed by short covering. When we talk about nifty we are more likely to bounce back to 5979 levels. Technically nifty is having strong support at 5700 level. Resistance at 5905 and 5979. Our trading ... [Continue Reading]
Nifty Futures Support Resistance Level For 26-Nov-2010
We will witness buying at lower levels today may be near 5742 level. However, we suggest you to enter a buy position, as markets are more likely to strengthen so buy nifty futures near 5750 levels. The trend will be positive today, also volatility will be higher compared to past sessions. Nifty will be in a wide range as shown in by the support resistance levels below. Nifty: Resistance: 5809 / ... [Continue Reading]
Nifty Futures Support Resistance Level For 25-Nov-2010
Nifty shall open flat to positive following global markets, we will witness huge volatility today as F&O series for November will be expiring today, we expect buying support in this market today. However, we suggest you not to trade today due to volatility. Also, range for nifty will be 100 points as seen in support resistance. Nifty: Resistance: 5895 / 5956 Support: 5844 / 5802 How to trade ... [Continue Reading]
Nifty Futures Support Resistance Levels For 24-Nov-2010
Nifty shall open flat to positive on global cues, we will witness buying at lower levels today may be near 5925 level. However, we suggest you to enter a buy position, as markets are more likely to strengthen so buy nifty futures near 5949 levels. The trend will be mixed today, also volatility will be higher compared to past sessions. Nifty will be in narrow range as shown in support ... [Continue Reading]