Nifty may open slightly lower today following global markets, we can see profit booking near 5970 level. However we may see more weakness in afternoon session, we suggest you to enter a sell position, as markets are more likely to weaken so sell nifty near 5965 levels. The trend will be mixed to bearish today. Todays range will be slightly higher than the previous sessions. Nifty: Resistance : ... [Continue Reading]
Nifty Future Support Resistance Levels For 22-Nov-2010
We may see Nifty to open with gap up today, then it may further go higher from that level to its first resistance of 6000, we suggest you to enter a buy position, as this is good opportunity to buy nifty at these levels. The trend will be bullish today. Nifty: Resistance : 6000 / 6034 Support : 5943 / 5914 How to trade nifty today: Buy Nifty Future near 5960 levels for the target of 5985 and ... [Continue Reading]
Nifty Trading Levels For 17-Nov-2010
We may see Nifty to trade lower in range of 5943 to 6033, we suggest you to enter a buy position, as this is only opportunity to buy the bluechip stocks. But be cautious as Nifty has broken below its 50DMA and is more likely to witness 5945 levels. Trade cautiously, as markets may witness huge volatility. Nifty Trading Levels: Resistance : 6033 / 6064 Support : 5987 / 5943 Our Trading Outlook: ... [Continue Reading]
Nifty Support Resistance Levels For 15-Nov-2010
We may see Nifty to trade within wide range of 6100 to 6030, we suggest you to wait for any breakout in either direction before entering the trade today. Nifty: Resistance : 6100 / 6124 Support : 6040 / 6020 Our Trading Outlook: One can enter Buy position in Nifty above 6045 levels. The target levels will be 6095 / 6120, From here Nifty may find strong resistance. For all the long(Buy) ... [Continue Reading]
Nifty Support Resistance Levels For 8-Nov-2010
We may Nifty to trade within tight range of 6275 to 6317, we suggest you to wait for any breakout in either direction before entering the trade today. Nifty: Resistance : 6322 / 6344 Support : 6277 / 6254 Our Trading Outlook: One can enter Buy position in Nifty above 6316 levels. The target levels will be 6330 / 6344, From here Nifty may find strong resistance. For all the long(Buy) positions ... [Continue Reading]