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Nifty FUT Trade Setup For 16 January 2013

nifty-futures

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Nifty Future

(Updated on 16-01-2013 at 07.40 AM)

Yesterday written that crossover above 6069 NIfty fut might

move up to 6097 and would take support at 6038.

Nifty future made high at 6096 and took support at 6036.55.

6067-6055 Intraday support zone.

Break below 6055 may slide up to 6035.

Crossover above 6097 with sustained above theen

expect fireworks up to 6118-6126.

Crucial support at 6025-6040 for short term trend.

once daily+weekly closing above 6040 happens

our first target will be at 6170-6206.

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