NIFTY Futures Opened today on a flat note @ 4870.Nifty futures made an intraday high of 4875 ie in the early session and sold off below 4850 mark to make an intraday low of 4832.It closed the day almost flat @ 4870.
Tommorrow, Being a Budget day expect good movement in Nifty Futures. There could be some surprise swings in Nifty Futures with every statements made by the Finanace Minister.On the Upside, Look out for the 4950 mark, if its closes above this level , we could reach out to much higher trading prices.On the downside, watchout for the 4800 mark.
Our view on the Nifty Futures is Neutral. It is struck in a narrow range of 150 points. The Budget could be the trigger for Nifty to break on either side of the trading band.We expect a good 200 point movement in Nifty Futures , once its closes out of the band.
OUR TRADING SYSTEM IS A SOURCE OF SECOND INCOME FOR MOST OF OUR CLIENTS.
EXAMPLE…..
INDEX : NIFTY FUTURES
QTY : 100 SHARES
MARGIN : INR 70000/-
RETURNS : INR 20000/- AVG/MNTH
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