Wednesday, December 26, 2012

Nifty outlook and trading levels for 26 Dec 12

Flat to negative opening is expected with extremely volatile session ahead .Nifty is hovering around 20 day SMA which is trading at 5864 ...Bears are in power and will try to pull down nifty as soon as they can according to trend .
Trade in nifty futures as per these levels .
Buy at / above: 5871 Targets: 5887 - 5906 - 5926 - 5945
Stoploss : 5852
Sell at / below: 5852   Targets: 5836 - 5816 - 5797 - 5778
Stoploss : 5871

Do not trade without  stop loss orders .
If do not know how to place stop loss just visit and learn it now ..
you can trade according to trend if u can spot at open ....have a look 
advised to sell at 5871 just after opening .... and worked well Group (12/24/2012 9:20:41 AM): sell nifty at and below 5871 sl 5893 tgt 5852 5836 
highest accumulation of 6k ce is indicating that 6k is far from bulls approach at least till tomorrow ..
highest pe buildup is at 5800 then 5700 so looking down....
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