Short Term Past and Future of Nifty Spot
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.This correction(From 6408 to 6201 Nifty future level) in nifty had already declared by Us on last Monday which is also showed with chart:
Weekly Roundup on Nifty future for 30 Dec 2013
I clearly mention for you “SELL NF 6384“
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Inside the Market:
* Infosys declaring its Results on Friday, January 10th 2014.
* The external trade data and IIP for November will be declared on Friday, January 10th 2014.
* Fed Chairman Ben Bernanke reiterated the fed’s commitment to keep interest rates low. HSBC Services PMI is expected on * * * Monday, January 6. The last reading was 47.2.
* Petrol price was hiked by 75 paise and diesel by 50 paise a litre as rise in global oil rates and fall in rupee value increased the cost of production on Friday
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Suppose to break 6180 and close below it… then get ready for a fall upto 6000-5970 level first.
Very Short Term Targets 6468 to 6600.
More Update is for VIP members
Weekly Roundup on Nifty future for 30 Dec 2013
Nifty Insights
Since Last 15days, We are enjoying in nifty future with great profits.
Nifty looks critically placed at this point in time.
Nifty can move more than 250 points any side.
Therefore, Keep Stoploss and Profit booking strictly advisable …
This call was in LOCKED for subscribers only…
SELL NF 6392 to 6375
Targets 6300 below and 6268
Above 6380,… NF can fire 6440
Intraday & Short Term View on JindalSteel future
This stock performing as bullish trend in long term. Therefore, This time having great opportunity to take buying position.
Look on chart and try to take your own position as per your own risk.
This stock is trading at 930 in NSE future and we missed 909 zone of entering into long. I hope you can also enter into good levels.
Herein two scenario;
Buying in support zone 901 to 908
OR
Enter into deep today 926 below and Targets are mentioned in chart…
Trade better after understand nifty index updated 16th, Dec. 2013
Nifty on Friday closed down 68.65 points at 6168.40 while Nifty future closed at 6197.75, premium of 29.35 points. FIIs sold in Cash, net sell 432.05 Crore while DIIs sold in Cash, net sell 45.07 Crore. FIIs sold in Index future, Stock future but bought in Index Option, net sell 609.57 Crore..!!!
Stock markets are likely to remain choppy this week ahead of the Reserve Bank of India’s mid-quarter review of monetary policy and a meeting of the US Federal Reserve that could decide on tapering its stimulus programme.
The Sensex lost 280 points in the week to Friday while the 50-stock Nifty fell 91 points during the period. Now for this wee Nifty will holds immediate support at 6100 levels. The recent fall in the markets has pushed some index majors in oversold territory. Hence, most indicators are in favour of technical rebound in the markets.
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What is for Today?
Nifty future Support : 6160 to 6178
Technical Nifty can test 6233 to 6256 (“Sell on Rise” continues till below “6243-51”)
Trading is better on support and resistance level with stoploss.
