Saturday, December 28, 2013

Caution for Longs?

Nifty last up-swing has almost matched the last down-swing time and the retracement has been slower and hence corrective.  Now, another down-swing may come

F&O Cues

F&O Cues Updated.

Nifty Spot has resistance at 6340 and Support at 6294.  As of now sustaining much above 6340 will be difficult for Nifty Spot based on current derivatives data.