Nifty moving within a Triangle. Triangle height 150 Points. If breaks 5150 on Upper side with volumes, then next target seems to be 5191 / 5232 / 5280. If breaks 5080 on downside with volumes then next target seems to be 4955 / 4930.
Friday, December 11, 2009
Monday, December 7, 2009
# NIFTY FUTURE for 7/12/2009 Updated.
Nifty Future major resistance seems near 5201 - 5208 range, Today if breaks and closses above with volumes means then we will move to next upper targets 5277 / 5355. If close is below 5095 then only market will take a U-turn.
Friday, December 4, 2009
# NIFTY FUTURE for 4/12/2009 Updated.
IF today's close is above 5200 then only we are heading towards 5277 / 5355. Else if today's close is blow 5095 then downside target is 4996 / 4950. Today's clos is crucial for market.
Wednesday, December 2, 2009
# NIFTY FUTURE for 2/12/2009 Updated.
Yesterday Ondot we reached our target. For today if breaks 5139 next Major resistance seen at 5169. So we have to wait if breaks 5169 with volumes and holds for 5/10 min then BUY Nifty for next targets 5193 / 5220 / 5249 / 5275 / 5350.
Tuesday, December 1, 2009
# NIFTY FUTURE for 1/12/2009 Updated.
Today if Nifty trades below 5005 for 5/10 min short nifty for a target of 4937 / 4905. SL- 5069. If trades above 5073 with volumes for 5/10 min , then targets are 5091 / 5108 / 5139.
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