Nifty Futures Trading

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

European markets are UP nearly 0.5%
now, let's see...

 

[nagendra_gb]

Re: Time to Stick my Neck Out ,Nifty 7300

Thanks Tsunil for keeping us informed about current status.. keep u this good work..

Thanks,
Nagendra

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

Nifty R1 is 4614 and of Fut is 4604.7. Nifty has already reached it resistance twice lets see...

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

I feel SPOT should test 4650/80 before Thursday, as late Thursday/early Friday, market will react (or will have to react) to the BIG inflation no. expected as this time it will have the petrol / freight rise impact

But let market decide this

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

HangSeng has recovered.. now mildly in -ve
Europe Mkts are avg +0.7%

Look to buy at lower levels - till 4585 spot, momentum is up

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

SPOT is again testing its previous day high... 4618

 

[new2sm]

Re: Time to Stick my Neck Out ,Nifty 7300

4604 is acting as tough resis. for Fut. only breaking this with strong volumes will take it to next level.

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

4604 is acting as tough resis. for Fut. only breaking this with strong volumes will take it to next level.

Volumes will come when 4600 Call writers start squaring off or hedging their positions by buying futures

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Now watch out for R2 of SPOT - 4650

 

[Sunil]

Re: Time to Stick my Neck Out ,Nifty 7300

Minor resistance for SPOT at 4635/40 levels...