Tuesday, September 11, 2012

Nifty outlook and trading levels for 11 Sept 12

Negative to gap down opening is expected today .5332   on spot is  nice support .Yesterdays closing as doji  was indicating indecision.
below 5332 panic  selling may take place. We may see bounce towards 5400 from lower levels too.
trade according to trend
Trade in Nifty futures according to these levels .
Buy at / above: 5365   Targets: 5381 - 5399 - 5417 - 5436
Stoploss : 5347
Sell at / below: 5347  Targets: 5331 - 5313 - 5295 - 5277
Stoploss : 5365

Always trade with stoploss order, if you will search for stop loss while planning and before entering in trade possibility of your winning trades will increase by 90%.

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