Nifty Future forthcoming weekly View (31.12.2012 To 04.01.2013) : -
Closing 5955. Good closing technical point of view. In Last two weeks’ review I’m Point out 5850-5830 level. Still last 15days Nifty again and again controlling there damage from that base point. Now New Year coming, also time to back return foreign traders in market. And good economic foundation, Govt. reform policy all are suitable for invest. Technical chart movement supporting last two weeks continues favor for bull. Heavyweights Sbin & other bank share, Reliance Ind. Tata group share, leading Auto sector share, and Nifty listed small & mid-cap share’s heavy large buying seen last week. So naturally we can now focus to trading with bullish view for dream point 6250 above. Remember, in stock market any thing possible. So follow proper technical. Over all everything Positive.
Nifty Future forthcoming weekly Technically View: -
·
Key Points 5800. Above 5860 always chance to try crossed 5940,
above 5945 few days closing Nifty Futures ultimate target 6250 plus. Below 5840
landing point 5800. Below 5800 closing indicating it is going to 5790
onwards.
Nifty Future forthcoming weekly Trading levels: -
- Bull-Lover’s
- · Buy @ 5945 above with stoploss 5895 for target 6020-50
- · Buy @ 5880-90 with stoploss 5849 for target 5940
- · Buy @ 5820-30 with stoploss 5790 for target 5870
- · Buy @ 5780-90 with stoploss 5749 for taget 5850
- Bear’s lovers
- · Sell around 5990-6020 level with stoploss 6055 for target 5940, 5870, 5850 and 5800.
Note:
Subject to change above trading levels as per market situation &
conditions.
Disclaimers:
- All view my personally . So please trade with your
on knowledge and technical point of views. Remember Profit & Loss you’re
your own part. Take Care.
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