Showing posts with label Nifty Future levels for Tuesday. Show all posts
Showing posts with label Nifty Future levels for Tuesday. Show all posts
Nifty for Today Tuesday 7 June 2011
[11:58 PM | 0 comments ]
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For intraday trading on Tuesday, Nifty Futures may face immediate resistance at 5550 and a break out will take Nifty Futures to 5580-5615-5650 levels, where as 5520 will act as immediate support and a breach will lead Nifty Futures further down side to 5490-5455-5420 levels. So traders can take long or short positions as per the above levels for the day and Investors should take long positions if Nifty spot trades above 5550 and closing above 5550 or should wait till Nifty Spot comes to 5100-5000 levels to slowly re-enter into markets and should avoid scam related stocks in the near term.

Nifty for Today- Tuesday 31 May 2011
[12:59 AM | 0 comments ]
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For coming trading  session it is observed that if indices trade above 18,440 / 5,520 levels, then there is high probability that indices may test 18,560  - 18,798  / 5,563  - 5,636 levels. On the downside, 18,151  -  18,012 / 5,440  - 5,400 levels may act as support for the day.
For intraday trading on Tuesday, Nifty Futures may once again face immediate resistance at 5480 and a break out will take Nifty Futures to 5500-5530-5565 levels, where as 5455 will act as immediate support and a breach will lead Nifty Futures further down side to 5435-5405-5370 levels. So traders can take long or short positions as per the above levels for the day and Investors should stay away from markets till Nifty comes down to 5100-5000 levels or stays above 5550 levels, to enter in to the markets.