Right now, there are plenty of potential reversal signals. The other major U.S. stock indices are making new highs, just like the Russell 2000, but with substantial negative momentum divergence.
Look on Nifty Future chart in which looks like a reborn bears Let’s see chart, and you will see 6111 and 6145 is selling area for traders.
“This Message is given in locked”
Sell NF 6111 around and Go for targets 6037 and 6000 below 5976-5945
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What interests me is starting businesses on our own, finding ideas that we can support, and simply investing in invention. Barry Diller
Nifty closed up 2.60 points at 6031.80 while Nifty future closed at 6043.55, a premium of 11.75 points. FIIs sold in Cash, net sell 406.02 Crore. DIIs bought in Cash, net buy 299.85 Crore. FIIs sold in Stock future, Index Option but bought in Index future, net sell 187.74 Crore.
what for Today…?
RESISTANCE 6083 TO 6132(SELLING WILL BE POSSIBLE THIS POINT)
FOR TARGETS 6037 AND IF BREAK 6009…THEN 5976 TO 5944
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The economy depends about as much on economists as the weather does on weather forecasters. ~Jean-Paul Kauffmann
(last close 6052.40)
Nifty closed up 64.75 points at 6033.05 while Nifty futures closed at 6052.40, premium of 14.35 points. FIIs sold in Cash, net sell 178.29 Crore. DIIs sold in Cash, net sell 239.41 Crore. FIIs bought in Index future, Stock future and Index Option, net buy 728.30 Crore.
What for Today.?
NF took a bounce yesterday, we told market will go up to kiss the level of
6044-6078 on 15-7-13 and yes, what we saw yesterday.
Nifty Future march to our level and seeming in intraday it will go to… 6087. It seems the bright day for trader NF on positive side today to make new high… very soon to 6103 – 6124 quite possible to go 6132
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