Free Daily Nifty Future Trading Tip: Multiple barriers

Nifty Futures Calls

(Updated on 20-06-2012 Time 08.30 AM)

Again the market has shown strength in the area of multiple barriers

and try to crossover.

As written yesterday above 5081 and crossover would take

it to 5120-5138. Yesterday it went up to 5120.90.

Now for today…

Crossing over 5120-5124 area

will quickly drive it to 5136-5169.

if breaks 5088 and sustains with volumes for 10-15 minutes

then expect again 5073-5045 levels.

Again reiterate that avoid long position above 5181-5199 area

and stay comfortably cool.

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