Is It Right Time to Buy Nifty Future?

(8-3-2011)

Tuesday

“Always is a first-rate version of yourself, instead of a second-rate version of somebody else.”

Levels in Advance

Support of Short Term 5195- 5235

(Suppose, NF is not closing below this support… Then 5633-5705 Targets)

(Suppose to break it …GOD can save NIFTY 4899-4500 before test these Numbers…!)

Therefore, this month of Targets of Nifty is the 5633-5705

(NIFTY must be close 5430 above for above targets).

Yesterday, movement of NF is very unsafe, but we are still bearish for targets 5312-5229

We will keep our Short position for targets 5312-5229 as positional if not crossing 5450 (therefore, Stop loss is our Sold level 5455)

Performance of Monday:

NIFTY High 5500 and Touched with low to target 5400 (Selling below 5492 and enjoyed) and Our Positional Call on Friday Sell 5548-5562

What for Today…?

Yes, NF can face hurdle 5514-5538 cause of volatile moving

Just, Watch 5455

Suppose to break it, then 5413-5392 easily (Buying may possible)

(After breaking 5390…then freefall to direct targets 5312-5229 positional)

I will update live what to do with NF as per above mentioned levels…! To become a subscriber, subscribe to our free newsletter services.

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