Nifty futures were in a range and again at the bottom of the channel. Tomorrow looks to the last day of the trend on Nifty futures. Important astrological dates for futures in February are 06.02.2013, 09.02.2013(effect on 11.02.2013), 18.02.2013, 21.02.2013 and 26.02.2013. Please do not ask reasons because we learn this in our astro course. The range is pretty same as mentioned yesterday. On MFI we see some buying happening at lower levels. RSI is still in range. Lack of momentum is depicted by both of them. Intraday players can look at the levels on spot nifty given below.
Spot Nifty Levels for Trading on Tuesday :
No trade between 6036 and 6075(To avoid whipsaws)
Buy above 6075 sl of 6055
targets 6094-6113(add positions, breakout on the upside),
6132-6151-6170-6189-6208.
Sell below 6036 sl of 6056
targets 6017-5998(add positions,breakout on the downside)
5979-5960-5941-5922-5903.
Happy Trading !!!
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.