Free Stock market / Nifty intraday tips

Nifty FUT Trade Setup For 25 January 2013

nifty-futures

THOUGHT FOR TODAY 
Compassion
A compassionate person develops an eye for spotting the qualities that make each person special. Even when others are at their lowest ebb, it is possible to help them restore their self-belief by keeping a firm, clear vision of their goodness and specialities. Taking a gently encouraging approach, I must never give up on anyone.
 

Nifty Spot

(Updated on 25-01-2013 at 07.40 AM)

As expected Nifty spot dipped to 6007 near rising

trend line support at 6006 for the day and closed at 6019.35.

Yesterday’s low at 6007 is important and may decide future

course for coming sessions. If it does not sustain 6000-6006 area

and break below 6000 mark then expect slide up to 5985.

If Nifty trades below 5975 for 15-20 minutes

then expect 5961-5940 levels in hours.

Closing below 5935 may cause more downside up to 5884-5850.

6032-6039 hurdle for short term trend.

Crossover may take it up to 6063-6069.

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