Wednesday, January 8, 2014

NIFTY FUTURE OUTLOOK 9 th JANUARY 2014

Technical View:


Nifty future ended on flate note with mild gains on Wednesday to mark their first daily gain this
year snapping a five session losing run. Nifty futures closed at 6197 with a high of 6217. Nifty for
next trading session would have the resistance of 6230 if it breaks this level than having the next
resistance of 6265 and in down side having the support of 6150 if it breaks this level than having
the next support of 6060.

Pivot level: 

S3
S2
S1
PIVOT
R1
R2
R3
6132
6166
6181
6199
6215
6233
6267




Trading Strategy: 
BUY ON DIPS.

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