NIFTY FUTURE OUTLOOK -24 th DECEMBER 2013

NIFTY FUTURE OUTLOOK -24 th DECEMBER 2013

Technical View: 

Nifty future edged higher on Monday as foreign institution continued to inflows despite last week’s
decision by U.S Federal Reserve to start reducing its bond purchase. Nifty futures closed at 6303
with a high of 6334. Nifty for next trading session would have the resistance of 6360 if it breaks this
level than having the next resistance of 6420 and in down side having the support of 6265 if it
breaks this level than having the next support of 6225.

BUY ON DIPS.

S3	S2	S1	PIVOT	R1	R2	R3
6219	6264	6284	6309	6328	6353	6398

Trading Strategy:

BUY ON DIPS..