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 OUTLOOK AND TRADING LEVELS FOR 01 July 2013
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