Tuesday, July 3, 2012

Nifty Outlook and levels for 03 July 12

Flat to positive opening is expected ..we may see range bound  trades between 5277 to 5325  initially ..

real trend will be seen either below 5285  or above 5325
advised to trade in nifty futures as per these levels
Buy at / above: 5331   Targets: 5348 - 5366- 5387 - 5404 >>>
Stoploss : 5305
Sell at / below: 5305   Targets: 5284 - 5271 - 5252 - 5236-5211>>>
Stoploss : 5331

Doji seen at eod chart 
confirmation required for reversal means red closing today ...for continuation  higher closing and for range trades few  more dojis.

please note 
book small profits if market trades in range of 20-30 points .
Have a nice day 
Stay connected with Dhanvarsha 

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