Nifty FUT Outlook & Trade Setup

nifty-futures

THOUGHT FOR TODAY 
——————————
Smile And Say “Hello”
In life you will meet many people. All are significant. They deserve your attention and care, even if all you do is smile and say “hello”.

Nifty Future

(Updated on 09-01-2013 at 07.40 AM)

We mentioned yesterday if market crosses over above 6032

then might go up to 6044-6055.

It could not crossover and made high at 6034.

5991-5884 support zone.

Break below 5978 may slide up to 5965-5936.

If not able to sustain then panic up to 5887-5870.

Hurdle for intraday @ 6022-6034.

Crossover above 3035 may rally up toi 6053.

6055-6070 strong hurdle.

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Intraday Share Tips Newsletter: Bank Nifty Sopt, LIC Housing & Ambuja cement

BANK-NIFTY

BankNifty Spot

12680-12630 Strong support zone.

Crossover 12742 May rally up to 12790-12822.

LIC HOUSING FIN

LIC Housing

Support at 280-282.

If holds then may rally up to 288-290.

Break below 280 may slide up to 274-272.

AMbuja

Ambuja Cement

Looks weak below 203.

Sell on rise.

Closing below 194 will confirm breakout below

symmetrical triangle which will take up to 181-175.

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Nifty Fut Out Look & Tips for 09 January 2013

nifty-futures

THOUGHT FOR TODAY 

——————————
The Divine Virtue of Accuracy
Accuracy is not just thinking about doing things perfectly or to set a standard. In spiritual terms, being accurate first requires that I be aware of the attitude. I need to create harmony in my relationships. If I inspire enthusiasm, trust and confidence in those around me, whether colleagues, friends or family, my own self-esteem and ability to get things right will also flourish.

Nifty Future

(Updated on 09-01-2013 at 08.20 AM)

Repeatedly written that 6055-6070 region is strong Resistance zone.

Market made efforts in several sessions but didn’t succeed

Crossover above 6006 Expect upside up to 6018-6024.

 

If Sustains above 6032 for 15 minutes then may rally up to 60444-6052.

6055-6070 is strong hurdle.

Break below 5980 with sustained trading may take up to 5957-5931.

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Nifty FUT Trade Setup For 8 January 2013

nifty-futures

THOUGHT FOR TODAY 
——————————
Getting On With It
Worrying about how everything will get done or whether I am capable of doing it limits my ability to respond to challenges considerably. The less I think about doing something and the faster I just get on with it, the fewer problems I cause myself. Good planning is always helpful, but time spent fretting and procrastinating is a major drain on my energy. The more willing I am to respond positively to opportunities, the more my capacity will grow.

Nifty Future

(Updated on 08-01-2013 at 07.40 AM)

Yesterday written that Nifty future has strong hurdle

at 6056-6072 Region for short term trend.

Nifty future made a high at, 6059 and fell back.

Now Actions for Today…………..

6013-5995 support region.

6035 intraday hurdle.

If holds this support and not breaking with crossover

above 6035 may rally up to 6051-6058.

Again 6059-6072 hurdle.

If Breaks below 5991 and stays 15-20 minutes below then correction

may extend up to 5970-5940.

This is not a trend reversal but will be healthy correction

and may last one to three days.

The major trend likely to remain intact.

once daily+weekly closing above 6040 happens

our first target will be at 6170-6206.

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Nifty Future for 7 January 2013

nifty-futures

THOUGHT FOR TODAY 
——————————
Over-thinking
The biggest disease of the mind is over-thinking, especially too much thinking about others. Thinking too much is like eating too much. The heaviness makes it impossible to remain light and flexible.

Nifty Future

(Updated on 07-01-2013 at 07.40 AM)

On Friday written Nifty fut would take

support at 6008.

Nifty future made low at 6012.50 and took u turn.

6056-6072 hurdle zone.

Once crosses over with vol rally up to 6112-6142.

Support at 6038-6027.

5980-6000 Crucial support.

We have repeatedly told that Nifty spot

would move up to 6030-6035 above 5922-5932 zone.

Now Nifty spot has made high at 6020.75.

Weekly closing + three daily closing above 6035 Expect

rally up to 6170-6206

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NSE Bank Nifty Spot Trading Tips

BankNifty spot

Crossover 12794 rally up to 12822

12830-12849 is Resistance zone.

12734-12720 Intraday support.

Break below 12706 Expect slides up to 12690

Support at 12690-12660

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