Wednesday, February 13, 2013

Nifty outlook and trading levels for 13 Feb 13

Flat to positive opening is expected ...yesterday nifty closed on positive note ...with addition in open interest ...and it is obvious because after 225 points fall some retracement must be there so expect some  upside or breather ...upside barriers are channel trend line ,50 dma and 20 dma at eod chart...
we  are expecting increased volatility  ....wild moves 
 Trade in Nifty futures as per these levels
Buy at / above: 5964  Targets: 5981 - 6001 - 6022
Stoploss : 5944
Sell at / below: 5944   Targets: 5930 - 5914 - 5893 - 5874
Stoploss : 5964

Trade according to trend
Do not plan ur trade on emotions
Trade with  stoploss orders ..
Trade under experts supervision

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