Tuesday, April 20, 2010

Nifty Levels- Tips For Nifty Futures

Nifty again today get the good buying support close to the level of 5200.in in the upside 5255 to 5260 range is the intra day resistance zone. Closing above may further hike the nifty future till the higher levels of 5300 to 5310 in near term. I recommend that traders may go for short in nifty future below the level of 5200 for the target of 5100 to 5105 with the stoploss of 5245. Traders Can also go for long in nifty future in intra day above the level of 5260 for the target of 5305 to 5310 with the stoploss of 5215.

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