Monday, February 10, 2014

NIFTY FUTURE OUTLOOK 10TH FEBRUARY 2014

Technical View:

Nifty future closed with third consecutive day gains on Friday by closing above 6050 level amid
positive cues from overseas equity markets. Nifty futures closed at 6078 with a high of 6099. Nifty
for next trading session would have the resistance of 6115 if it breaks this level than having the
next resistance of 6175 and in down side having the support of 6035 if it breaks this level than
having the next support of 5975.

Pivot level: 

S3
S2
S1
PIVOT
R1
R2
R3
5943
6006
6040
6070
6104
6133
6197


Trading Strategy: 
SELL ON HIGH. 

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