Monday, May 19, 2014

Update on Nifty Future

Buy Above or Closer to 7246.40 Target1 - 7263  Target2 7291 Target3 - 7307  Target4 - 7319 Target5 - 7369 Target6 - 7400 Target7 - 7431 S/L 7242.40-(aggr) /7213.25-(Cons)

One would have gone long at the above and target1 and Target2 (almost) achieved.

Prices bounce from the following level given in the Pre-Market Levels
7214-7223                                                                                      More Weakness Below / Support 

                                                                                                       Area

Trading may be the only option with 80-140 points trading range minimum basis these days.

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