Friday, January 3, 2014

NIFTY FUTURE OUTLOOK-6 JANUARY 2014

Technical View:


Nifty future ended on a flate note on Friday with biggest weekly fall in eight weeks as due to
depreciating USD/INR nifty managed to close above 6200 level. Nifty futures closed at 6251 with a
high of 6261. Nifty for next trading session would have the resistance of 6280 if it breaks this level
than having the next resistance of 6330 and in down side having the support of 6200 if it breaks
this level than having the next support of 6150.

Pivot level:

S3
S2
S1
PIVOT
R1
R2
R3
6117
6177
6214
6237
6274
6297
6357


Trading Strategy: 
BUY ON DIPS.

1 comments:

  1. Nifty Future for today
    SILVER (5 MAY.) TREND: CONSOLIDATE
    RES 1: 47370
    RES 2: 47700
    SUPP 1: 46770
    SUPP 2: 46430
    STRATEGY: BUY ON DIPS
    Stock tips free trial

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