Friday, January 11, 2013

Nifty outlook and trading levels for 11 Jan 13


Almost flat opening is expected with extremely volatile session ahead .As IIP data and infy result are 2 major triggers for today's move .
Trade in Nifty futures as per these levels 
Buy at / above: 6025   Targets: 6042 - 6061 - 6080 - 6100
Stoploss : 6006
Sell at / below: 6006  Targets: 5989 - 5970- 5951 - 5931
Stoploss : 6025
Trade with stoploss and according to levels .
we are holding pe 2200 @ 30 31   expecting target of  58  62  ...
Expect 1 more long red candle in nifty today  for formation of 3 black crows .

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