Nifty futures closed at neutral levels after making a low 5795.60. Sustaining above 5834 we may hit 5872 and then 5910. 5910 is the level one resistance and will be stiff one and closing above this level will auger well for next series.Use the levels given earlier for trend players. Intraday traders can use the levels on spot nifty given below on Thursday for expiry.
Spot Nifty Levels for Trading on Thursday :
No trade between 5817 and 5857(To avoid whipsaws)
Buy above 5857 sl of 5837
targets 5876-5895(add positions, breakout on the upside),
5914-5933-5952-5971-5990.
Sell below 5817 sl of 5837
targets 5798-5779(add positions,breakout on the downside)
5760-5741-5722-5703-5684.
Happy Trading !!!
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.