Thursday, March 14, 2013

NIFTY OUTLOOK AND TRADING LEVELS FOR 14 MARCH 13


spot nifty was trading in 15 points range 5870-5885 after gap down opening and indicating for recovery but failed and moved below 30 points from days high in last hours trade 
5851
Negative to gap down opening is expected with possibility of  weakness as opening will be below 20 day moving average which is passing through 5845 . Nifty is gud for bulls only above 5845 if sustained or moved above 5845 at spot niftyy may trade above 5900 in a day or  two .
bakedChart (14)
Trade in nifty futures as per these levels 
Buy at / above: 5868   Targets: 5887 - 5906 - 5926 - 5945
Stoploss : 5848
Sell at / below: 5848   Targets: 5836 - 5816 - 5797 - 5778
Stoploss : 5868

No comments:

Post a Comment

Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards