NIFTY FUTURE OUTLOOK -30 DECEMBER 2013

Technical View:

Nifty future ended with gains for second consecutive week on Friday as FII continues to remain
buyers mainly in IT segment. Nifty futures closed at 6370 with a high of 6383. Nifty for next trading
session would have the resistance of 6420 if it breaks this level than having the next resistance of
6480 and in down side having the support of 6330 if it breaks this level than having the next
support of 6265.

Pivot level:

S3	S2	S1	PIVOT	R1	R2	R3
6266	6314	6342	6362	6390	6410	6458

Trading Strategy: 

BUY ON DIPS. 

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