Monday, June 23, 2014

Update on Nifty Future

 7551-7568 Main Resistance Prices got sold off in the morning from near 7551 level (7550 actual).
Again following call got active and reached upto Target3 already. :

Sell Below or Closer to 7523.35 Target1 - 7506.70  Target2 - 7478.50  Target3 - 7476.25 Target4 - 7450.35 Target5 - 7438.75 Target6 - 7427.15 Target7 - 7402.55 Target8 - 7378.00 S/L 7527.35-(aggr) /7549.90-(Cons)

Now the following call is active with day's low i.e 7465 as stoploss :

Buy Closer to or C.O Above 7476.25 Target1 - 7523.35-7527.35 Target2 - 7544.10  Target3 7572.20 Target4 - 7574.50  Target5 - 7600.35 Target6 - 7611.95 Target7 - 7623.55 Target8 - 7648.15 Target9 - 7672.70 S/L 7476.25 or Day's Low 

The ATP is at 7502 so first resistance will be around that level thereafter 7523.35-7527.35 level will resist.

Nifty is looking weak.

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