Thursday, September 20, 2012

Nifty outlook and trading levels for 20 Sept 12

Gap down opening of 1 % around 5550-60 is expected with negative bias .Market will be volatile...profit booking will be seen in maximum stocks .
FIIs were net sellers of  630 Cr in stock futures in last session indicating that profit booking was started....

Candles confirmed reversal at Daily Nifty chart 

Trade in Nifty futures as per these levels
Buy at / above: 5587   Targets: 5603 - 5622 - 5640 - 5659
Stoploss : 5568
Sell at / below: 5568   Targets: 5553 - 5534- 5515 - 5497
Stoploss : 5587

Trade with stop loss and discipline
Have a nice day 

I M hele to chappolt nifty ...

No comments:

Post a Comment

Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards