Thursday, November 1, 2012

Nifty outlook and trading levels for 01 Nov 12


Negative to gap down opening is expected with stock specific moves.  Nifty spot may close below 5600  today so sell on rise .Nifty is creeping towards 5500 ..

Trade in Nifty futures as per these levels
Buy at / above: 5639  Targets: 5653 - 5678 - 5697 - 5716
Stoploss : 5615

Sell at / below: 5615   Targets: 5601 - 5588 - 5571 - 5553
Stoploss : 5639


Trade with SL ....and discipline...Learn chart reading ..it will improve your confidence ...

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