Monday 3 September 2012

NIFTY LEVELS

NIFTY LEVELS:NIFTY  STRONG  SUPPORT AT 5215 AND 5165. THESE LEVELS ARE IMPORTANT TO WATCH  FOR BARGAIN HUNTERS.BANK NIFTY   IS ALMOST IN OVERSOLD LEVEL.WHEN I  WATCHED 10 OUT OF 5 STOCKS OF BANK NIFTY STOCKS  IN SELLING MODE IS NOT YET OVER AND 4 STOCKS  ENTERED BUYING MODE AND ONE STOCK THAT IS SBI IS IN NEATURAL
NIFTY BUY ABOVE 5267 TARGET 1:5294,TARGET 2:5331,TARGET 3:5358
NIFTY SELL BELOW 5249 TARGET 1:5217,TARGET 2:5185,TARGET 3:5167 
NSE  CURRENCY FUTURES : Today levels for Euroinr current month contract below.
BUY EUROINR ABOVE 70.05 TARGET 1:70.28,TARGET 2:70.43
SELL BELOW 69.91 TARGET 1:69.69,TARGET 2:69.54
  Disclaimer:These are my personal views and trade taken on these observation should be traded with strict stop loss.

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