Monday, November 18, 2013

Nifty Update

Good Move has come after 2.20 P.M. Profit booking if holding longs is needed by EOD or now.

Nifty Spot

6168-6182 Nifty Spot  is strong resistance.

Nifty Future Update

Target Achieved book profit in Nifty Future @6176

Nifty Update

Time study tells that one more up-move towards the Day high may be attempted after 2.20 P.M.

 Nifty Future may be bought here @cmp 6165 with 6154 Stop Loss Target 6176-6180

Nifty OI Data - 2 P.M


Nifty Future Shorts

Shorts May be exited here @6174 -6171

Nifty Future Sell Call

Sell Nifty Future @cmp 6183 Stop Loss 6203 Target1 6163 and Target 2 6153

Nifty Spot

Nifty Spot  will weaken sustaining below 6132 target 6110, 6098 and 6094
and holding 6132 it may attempt 6150-6160

Nifty Future Call

Enter Long at 6126 Also at 6106 Stop Loss 6084. (If the price reaches there else longs may not be comfortable here). Allow +/- 5 Points Margin.

Or

LONG @ 6177.3 S/L 6154.3 Target 6216.7