Nifty FEB future closed 6109 on 30th Jan 2014 down by 45 point. Nifty future made a high 6113 and low of 6062. Yesterday Nifty future traded as we provided chart to you in advance and shown smart recovery at closing time only according to our chart. American market closed in green or positive because of better GDP number. Most of the Asian markets closed because of trading holiday of lunar day. Rest of Asia market trading positive. SGX nifty is up by 2 points 6100. We expect nifty to take support around 6070, 6050, 6022 at lower level And resistance around 6123,6148,6170. Today as predicted in weekly outlook bank nifty and nifty will start trading positive and continue journey up to 10:30 to 11:30. This is probable time or nifty might find resistance around 6140-6150. You can buy nifty at 6080-6085 and exit buy at 6120-30. Bank nifty buy at 10210-220 and exit buy at 10300-10317. On Monday 3rd Feb according to us trend again is positive in nifty. You can also buy 6200 CE at end of market time around 3:20 to3:30 or price approx at 56-57. Little profit booking might come after 11:30 as a Friday effect in market. I request you to go through both in weekly outlook and morning mantra both simultaneously daily basis. We send Weekly outlook (in that charts are already there) on Sunday and morning mantra daily basis for best results
Posted on: Fri, 31 Jan 2014 07:08:56 +0000
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