Tuesday, December 13, 2011

14/12/2011 Trading Views

Nifty made a low of 4728 high of 4824 and closed at 4800 which is 36 points up from previous close.

Nifty is not able to sustain below 4755 which is showing strength for time being and it recovered well from there.

Now Nifty's next move will be towards 4840 and 4890 .

Those who bought Nifty as per yesterday's post can book partial profit at 4840 and move the stop loss to 4755 if nifty crosses 4840 then move the stop loss to 4820,

For today if Nifty comes to 4780 it can be bought with stop loss of 4750 for the target of 4840 and 4890

All levels are based on spot.

No comments:

Post a Comment