Nifty Future 25-04-2012
(Updated Time 9 O’clock)
Yesterday, I told you Sell Nifty Future 5226-5236 with stop loss 5242 for targets 5162 and 5138…
Yesterday Nifty fut has traded below short term reversal point which is at 5242. Above this if it sustains for 10 mnts it may run up to 5267 and 5291.
5170-5185 is a good buying zone which attracts traders and forces short sellers to book profits as witnessed several times.
Sharp sell off likely below 5170 to see level of 5150-5130
Are you looking for NSE paid calls? Want to get premium trading alerts and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium Stock & Nifty Tips
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Equity Research Reports, Focus List portfolio of 50 longer-term stocks, Premium screens, and much more. You will quickly identify which stocks to buy, which to sell and target today΄s hottest industries.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.