Tuesday, November 05, 2013

Nifty Chart


Position : Short  [75%]

Nifty Trade Support 6290-6277 Resistance 6333-6341
Nifty Trend Support 6247-6239 Resistance 6368-6381

Closing basis Support 6180
Closing basis Resistance 6350

Keep sl 6350 on closing basis

Highly OBZ in oscillators will indicate some profit booking and
both bears and bulls fight each other to break the support and
resistance respectively.  Oscillators averages are also reached
the resistance.  So some profit booking.

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