Sunday, February 2, 2014

NIFTY FUTURE OUTLOOK 3 RD FEBRUARY 2014

Technical View:

Nifty future Feb series started on a positive note snapping their five-day losing streak closing
almost near day’s high. Nifty futures closed at 6112 with a high of 6134. Nifty for next trading
session would have the resistance of 6160 if it breaks this level than having the next resistance of
6240 and in down side having the support of 6090 if it breaks this level than having the next
support of 6025.


Pivot level: 

S3
S2
S1
PIVOT
R1
R2
R3
6022
6067
6089
6112
6134
6157
6201

Trading Strategy: 
SELL ON HIGH.

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