Thursday, May 10, 2012

Nifty outlook 10 may 12

Positive to gap up opening is expected...
yesterday long unwinding was noticed in Nifty futures and another candle stick signal is spindle bottom was there ...and generally such  type of candle worked as pivot point ...so we are expecting that some value buying will lift indices today ...please  have a look ..
trade in nifty futures  as per these levels ...
Buy at / above: 4987  Targets: 5003 - 5020 - 5038 - 5056 -5089 >>>
Stoploss : 4970
Sell at / below: 4970   Targets: 4955 - 4937 - 4919- 4902>>>
Stoploss : 4987

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