Monday, September 13, 2010

Nifty Prediction For Tuesday 14 September 2010

Nifty witnessed the strong positive session today and also made the strong closing above 5750. Now the next resistance for nifty future seems close to the level of 5850. Decisive closing above this resistance may take up the nifty future for the level of 6000 in near run. In the downside 5600 to 5620 may be the short term support zone for nifty future. Closing below this support zone may slip it till the lower levels of 5540 to 5550 in near run. For intra day trading we recommend long position in nifty future from the current levels for the target of 5850 with the intra day SL around 5710.

1 comments:

Life Is Fun said...

I guess NIFTY will hit 6000, even break all time highs by diwali, the correction is due and september series expiry might me around 5500 odd level so be cautious at higher levels

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