Monday, September 9, 2013

What are the important levels for Nifty tomorrow

There are 3 possible opening ranges for tomorrow.

1 5743 5707     -  considered bullish
2 5652 5688     - considered bearish
3 5688 5707     - considered neutral 

If market opens in the 1st range that indicates more strength to bulls. 
  • 5715 is the good entry point for buyers with a target of 5740 
  • 5682 is the good entry point for sellers with a target of 5620
In both case trader must use a s/l of 20 points


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