Still long? from 5158 level. 5238 and 5268 are hurdle.
Maintain exit at 5170
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Still long? from 5158 level. 5238 and 5268 are hurdle.
Maintain exit at 5170
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Yesterday we told to go long at 5158 for target of 5238 and 5268
Just hold your long position till close below 5170
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BATA INDIA
(Future Calls)
Buy 842-846 and Stoploss 838 and Go for targets 859-862
If close 859 above… then hold your position for targets 872-881
I told you To buy NIFTY Future Today 5142-5156 with SL 5129 Go for targets 5186-5200 and last 5232-5259
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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
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Spot Nifty 24-4-2012
(updated time 8:50AM)
Nifty can open positive 22-34 points
You will see selling pressure at opening bell…!
Seller might be enter at 5224-5236
Suppose to not crossover 5245… then falling will be continue 5162-5133 and last for today 5119
In-case, if we think about bounce in market…then I will update soon… but we don’t think for bulls below 5250…
3-consecutive trading, Nifty spot if close 5170 below…then ready for targets 5090-5056
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BUY NF 5272-5291 and SL 5262 Go for targets 5328-5369 and tomorrow 5382-5412 if close 5330 above
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