Thursday, November 28, 2013

Nifty outlook / trading levels and expiry view

Nifty closed at 50 dma 6057  making chaos candle can say bearish harami  or also hammer but it is clear here 6081  fib level will act as major level 6143 is 20 dma so expiry will be in this  group …traders action zone or below 6050  market action will show us so  for expecting 6040-6140 range for intra move


Trade in Dec Futures as per these levels

Buy at / above: 6146   Targets: 6159 – 6178 – 6198 – 6218
Stoploss : 6121
Sell at / below: 6121   Targets: 6103 – 6087 – 6067 – 6048
Stoploss : 6142 

nifty will trade with increased volatility today’s move will be controlled by big option players /market operators so advised to trade fast quick entry and profit booking will be gud …keep wide stoplosses .


Nifty outlook / trading levels and expiry view

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