GOOD TWO WAY MOVEMENT IN NIFTY FUTURES…………
NIFTY Futures opened today with a minor gap down of approx 20 points @ 5112. But , it lost some ground right in the early session and broke below yesterday support of 5050 and made an intraday low of 5025.Very quickly Nifty Futures reversed the losses to make a fresh intraday high of 5114.50. It finally closed the day @ 5094.
Nifty Futures is going through some very volatile times and bouncing with every news coming out of Europe and US.Nifty is facing some stiff resistance above the 5150 mark and only a close above 5250 will bring positive momentum back to the markets. On the downside, still 4950 is very strong and crucial support for nifty futures.
Our view on Nifty Futrures is still Bearish. No important resistant level has been breached on the upside, so very rally should be used to sell in Nifty Futures with an immediate target of 4950.
We are Proud to announce a new product for Professional and Novice Intraday Traders. This is in a form of Trading Newsletter comprising of 42 Volatile Scrips including Nifty and Bank Nifty .The same of the same can be viewed at the following link:
http://www.aaksharstock.com/intraday-newsletter.html#stock-market-tips
There is also good news for Commodity Traders. We have Added three new Commodity Trading Systems. They are Gold Trading System, Silver Trading system, Crude Trading System. All the Trade by Trade Results along with the Performance of Commodity Systems can be view from our website: www.aaksharstock.com
For a Reliable, Trustworthy ,Transparent and Accurate Trading Systems,visit www.aaksharstock.com and Register for a Free Trial.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment