Friday, August 17, 2012

Nifty outlook and levels for 17 Aug 12


Hi  please remember it is Friday

flat to positive opening is expected ...Nifty futures are weak below 5400 ..
trade in nifty futures according to these levels
Buy at / above: 5402   Targets: 5417- 5436 - 5454 - 5473
Stoploss : 5383
Sell at / below: 5383   Targets: 5368 - 5349 - 5331 - 5313
Stoploss : 5402

addition of open interest in 5300 and above strike calls is indicating that bears are dominating at and below 5400 ...


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