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September 08, 2010

POSITIONAL NIFTY VIEW

12:26 pm (1September)
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Farhan Amin
5350........5330 r great support area....in downside...for any good correction we neeed 2..3 closes below 5350..5330 then only good correction possible.....

NIFTY is n bull mode and next in line tgts r 5580....5680

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we did 5623.8 in fut and cont two tops at 5625...nifty rose almost 250 points from the levels told we initiated Positional Long call,..great profit in positional cal yet again

5680..5700 band shud play as huge res for nifty...and if we get 3 three consicutive closes above 5700 we will move in 6000 zone soon

we will start shorting from 5650 with keeping 5700+ 3 consicutive closes as s/l..for 5350.....5180...4920...............though nifty will get good supports at 5510...5430..5350

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