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Avoid Trading On Nifty Future between 6085 and 6124

Mr.Guru RajyaguruMay 23, 2013, 9:06 amNovember 14, 2014 2 319

Yesterday I told you Selling pressure will Create 6146 to 6152

Taking small losses is much better than taking big losses.
Letting your profits run is much better than cutting them off prematurely.

Last Close:6104.05

What is for Today..?
“Technically looks like our downside target of 6000 is within reach” the market unfolded weak as expected and saw the low at 6074 and has closed in the red…technically the market is still looking weak and I would doubt the up move if it happens…”

The support for Nifty is at 6000-6050 and the resistance up to 6150-6200

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Mr.Guru Rajyaguru

Mr.Guru is a registered investment advisor for Moneymunch, he is a regular guest on popular channels and writes for several newspapers and financial journals. They've black magic of stock market analysis because studied charts over 20 years.

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2 Comments

pranab kalita says:

May 23, 2013 at 1:22 pm

I have been following your view for last several months. it is just exellent. what about the target of NF at around 5700/5630 downside?

Reply
sr1059 says:

May 23, 2013 at 2:38 pm

SL Hit Nifty Futures , Wht will do? Can we hold.

Reply

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DEBI PRADAD KUNDU
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maize k dono target ho gaye. ab kya lagta he apko? uper ya niche?
Pramod
thank you for instant prompt. it touched the second target. thank u very much devsir

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Yesterday I told you Selling pressure will Create 6146 to 6152

Taking small losses is much better than taking big losses. Letting your profits run is much better than cutting them off prematurely.

<img alt="Nifty future" src="http://www.moneymunch.com/wp-content/uploads/2013/05/nifty-rbi.jpg" /> Last Close:6104.05

What is for Today..? “Technically looks like our downside target of 6000 is within reach” the market unfolded weak as expected and saw the low at 6074 and has closed in the red…technically the market is still looking weak and I would doubt the up move if it happens…”

The support for Nifty is at 6000-6050 and the resistance up to 6150-6200

2 Comments

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Taking small losses is much better than taking big losses.
Letting your profits run is much better than cutting them off prematurely.

Last Close:6104.05

What is for Today..?
“Technically looks like our downside target of 6000 is within reach” the market unfolded weak as expected and saw the low at 6074 and has closed in the red…technically the market is still looking weak and I would doubt the up move if it happens…”