Nifty Futures Trading

[uasish]

Even if now Stop Hits with balance 25 % Short holding,it would still be in profit for the 75 % booked profit.Hence holding short is OK now.

 

[uasish]

For Shorts:= has to break 4317.00 covincingly,otherwise this will give support.

 

[uasish]

As Nifty heavy weights,RIL/ONGC/BHARTI/SBI are all in Red,Infy has to break 1696.00 so as to propagate Nifty down,for Short holders.

 

[uasish]

Infy's going above 1996.00 again brought Up Nifty Fut to 4317.00 (the Critical Price zone).

 

[uasish]

Nifty Fut 4332.00 (my Short Level) if breached from below then worry otherwise OK still now,only concern as it is above 4317.00 now.

 

[uasish]

4317 zone gave support few mins back ,now let us see .

 

[uasish]

Still now 4310.00 is posing as HL,in 5 mins chart.

 

[uasish]

Stop brought down to 4332.25 (at entry)

 

[uasish]

Covered @ 4325.25

 

[uasish]

Again Shorted @ 4332.25