Monday, April 15, 2013

NIFTY OUTLOOK AND TRADING LEVELS FOR 15 APRIL 13

Negative to gap down opening  is expected …5535  at spot is fib level and below it nifty is having no technical support till 5435   5465  … cement and banking  sectors holded Nifty on Friday when Infy was pulling it down…who will perform this task  for today’s trade, if no one will come up then be ready to watch nifty at 5465 or below it as it was traded on 10 Th and nifty may retest it to ensure double bottom … but  if new low will be there and it will remained  below it then be ready to witness for a bloody Monday .


Trade in Nifty futures as per these levels


Buy at / above: 5522   Targets: 5541 – 5566 – 5584 – 5603
Stoploss : 5499
Sell at / below: 5499   Targets:  5478 – 5460 – 5441-5426
Stoploss : 5522


remuka sugar is looking attractive may go long postional/ intraday trades  at and above 24  keep sl 22 for targets 26  28 30..


RENUKA_Daily_14-04-2013


Bullions may recover today after gap down start .


NIFTY_Weekly_13-04-2013


 



NIFTY OUTLOOK AND TRADING LEVELS FOR 15 APRIL 13

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