Friday, February 14, 2014

Positive to gap up opening is expected

Positive to gap up opening is expected with stock specific moves … engulfing candle closed above 200 DMA, market is oversold , fiis were net buyers in both cash/F&O , segment on Thursday ,yesterdays move may be bears trap if will close above yesterdays opening ,if stays in range then we will say be ready to see 5800


NIFTY_Daily_13-02-2014


Trade in Nifty futures as per these levels 


Buy at / above: 6021  Targets: 6042 – 6061 – 6080- 6100
Stoploss : 6001
Sell at / below: 6001   Targets: 5989 – 5970 – 5951- 5931
Stoploss : 6021


trade according to levels  all levels are buy above and sell below points depending on market last traded price …if 5989 will work as very strong support then u can plan ur trade like this   buy NF above 5989  sl 5969 target 6001 6021 same for reverse also …if NF trading at 6055  and failed to cross 6061  u can plan sell trade below 6061 ..


 


 



Positive to gap up opening is expected

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