Thursday, January 31, 2013

Nifty outlook and trading levels for 31 Jan 13

31     Jan    2013
Jan 2013 contracts are going to expire today , it is advised to close them before market close .If you want to continue same position for next month ,  please roll over under experts supervision.
we said (1/30/2013 3:12:25 PM): we are expecting red doji / spindle like candle at spot nifty eod chart...indication indecision ..1 more choppy or extremely volatile session ahead on expiry day ltp 6057
See eod chart
as per option data expect settlement between 6030- 6070...which may change  if we notice huge change in options data  for real time market updates stay on at yahoo messenger id

Flat to positive opening is expected with extremely volatile session ahead ,we are expecting sudden sell off at open so advising  to place after market sell order at 6105 for Feb contract for at least 30 points intra day gains...
Trade in Nifty Futures as per these levels
Buy at / above: 6091   Targets:  6120 - 6139-6158
Stoploss : 6070
Sell at / below: 6070   Targets: 6047 -6028 - 6009 - 5988 - 5970
Stoploss : 6091

keep wide stop loss or no stop loss today as we may see wild unexpected moves ...

But smart traders will make huge returns today ...
Get 30% discount on Next subscription renewal on earning highest return in % terms on today's  trades at dhanvarsha premium group  .

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