NIFTY OUTLOOK FOR 20.02.2014

Positional Suggestions: 

Nifty traded with positive note and closed near days High which is good signal for long trade. If it able to trade above 6130 then we can expect it to touch 6240. On the other hand if it fails to trade above 6130 then a profitibooking will put it to  5980 again.  Positional long traders should keep tight sl at 6130 levels.

Intraday Suggesitions:

Buy above 6180 Target 6200, 6215,6235 SL 6160

Sell below 6160 Target 6140,6130 SL 6180

Note: Please be strict on SL.

NIFTY OUTLOOK FOR THE 13.02.2014

Positional Suggestions:

Nifty is trading in narrow range and has not giving clear signal.  It is having resisitance near  6180 levels. Agressive positional traders can sell near 6150 with the closing sl at 6180 for the target of  5950 and  5830.

Intraday Suggestions:

Buy nifty above 6100 Target  6120,6135 SL 6080

Sell below  6080 Target 6060,6040 SL 6100

Note:  Please be strict on SL.

NIFTY OUTLOOK FOR THE 10.02.2014

Positional Suggestions:

Nifty trading exactly in our expected range and will face still resistance at 6180 levels. Positional traders can sell near  6120 with closing sl at 6180 for the target of  5960 and 5825.

Intraday Suggestions:

Buy above  6075 Target 6100,6120,6130 SL  6057

Other Intrday Suggestions:

Sell  Axis bank below 1130 Target 1120,1110,1102 SL 1037
Sell LT  below 995 Target  985,980,975 SL 1001

Note: Prices are given in Futures Market. Please be strict on SL. Agressive traders can reverse their positions at SL.

NIFTY OUTLOOK FOR 06.02.2014

Positional Suggestions:

Nifty has given around 300 points to our sell call and all our target achieved. Now Nifty trading in tight range between 5980 to 6080. We can expect it trade in the same range for another two three trading sessions. It has to  break and close above 6140 for any further high. Other wise we can expect it godown to  5825 levels. Positional traders can sell near  6080 and with closing sl at 6140 for the target of 5920 and 5830.

Intraday Suggestions:

Sell below  6048 Target 6025,6000,5980 SL 6060
Buy above 6060 Target  6080,6100, 6120 SL 6040

Note: Please be strict on SL.