Monday, November 25, 2013

Almost flat or slightly positive opening is expected

Almost flat or slightly positive opening is expected with possibility of dull session ahead options sellers  will  enjoy the gains and buyers may cry today as expecting volatility may not be there .Volatility may or may not increase after 1330 hrs


Trade in Nifty futures as per these levels


Buy at / above: 6025   Targets: 6042 – 6061 – 6080- 6100
Stoploss : 6006
Sell at / below: 6006   Targets: 5989 – 5970 – 5951 – 5931
Stoploss : 6025


NIFTY_Daily_24-11-2013


Do not hold your position on speculation like it may get support here or it will make double top and take U turn ,it may take turn from fib level …these speculations may or may not work …best is trade with stop loss punched you may re enter in same trade if moves in your direction again with stop loss order.


Possible Nifty spot range for this week 5800  to 6100




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Almost flat or slightly positive opening is expected

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