Thursday, February 20, 2014

NIFTY FUTURE OUTLOOK 21 ST FEBRUARY 2014

Technical View:

Nifty future snaps its four consecutive sessions of gains on Thursday. After overnight losses in the
US dragged the indices to open with negative bias while sentiment in the Asian markets took a hit
after china manufacturing index fell more than expected hitting seven-month low. Nifty futures
closed at 6107 with a low of 6102 Nifty for next trading session would have the resistance of 6140
if it breaks this level than having the next resistance of 6170 and in down side having the support of
6100 if it breaks this level than having the next support of 6045.

Pivot level: 

S3
S2
S1
PIVOT
R1
R2
R3
6043
6080
6094
6116
6130
6153
6189


Trading Strategy: 
BUY ON DIPS. 

2 comments:

  1. BUY CRUDE OIL ABOVE 3100 T1 3125 T2 3150 SL 3065

    Nifty Tips

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  2. I found it quiet interesting ,Thank you for posting the great content…I was looking for something like this…, hopefully you will keep posting such blogs…

    Stock Market India News

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