Only those who risk going too far can possibly find out how far they can go.
Nifty closed down 19.85 points at 5919.45 while Nifty future closed at 5932.35, a premium of 12.90 points. FIIs bought in Cash, net buy 84.79 Crore while DIIs sold in Cash, net sell 216.45 Crore. FIIs bought in Index Option but sold in Index future, Stock futures, net buy 52.99 Crore.
As We told You on Yesterday
Yes, You can hold long Nifty future with Stop loss of 5930
Short selling, opening at 5971 to 5982
(Target 5936, suppose to break 5922 then Target will be extended 5896 to 5881)and Nifty make low of 5910.
What For Today?
Today ,Nifty future try to protect 5940-5931 support. and If Nifty cross the level of Yesterday’s high (5994) then It will climb up to 6017.
If NF goes down 5940 then door will open for buying .
If NF will cross the level of 6017 then you can trade on sell side.
Long Term prediction on Nifty Future:
Don’t be surprise if NF will 6565 to 6637 coming days…
Short selling will born only around 6300 for short term only
Just Click Here for complete Research on Positional Nifty Future.
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