Monday, July 1, 2013

NIFTY OUTLOOK AND TRADING LEVELS FOR 01 July 2013

Flat to positive opening is expected with choppy session ahead as nifty is trading between 200 and 50 Day moving averages (5821 -5924 ). Profit booking at higher levels can not be ruled out. Asian markets are trading below 0.5 to 1 %it seems we wont sustain in green today so SELL on rise for intra trades.You may see weekly analysis  here .


Trade in Nifty futures as per these levels


Buy at / above: 5859   Targets:  5887 – 5906 – 5926 – 5945
Stoploss : 5839
Sell at / below: 5839   Targets:  5818 – 5797 – 5778-5757
Stoploss : 5859


stock specific moves will be there .


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NIFTY_Daily_30-06-2013


 



NIFTY OUTLOOK AND TRADING LEVELS FOR 01 July 2013

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