Thursday, 28 November 2013

December Monthly Trading Levels

Above 6273 Nifty will trade up for targets of 6363,6395.

Above 6441 Nifty will be in breakout zone for targets of 6510,6611

Below 6182 Nifty will trade lower for targets of 6118,6057

Below 6014 Nifty will in breakdown zone for targets of 5945,5844

First sign of trend changing to Buy will come when we close above 6228. Till then we are in Sell.

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Nifty Future Swing Trading-

 Long trade taken at 22254 now stop and reverse at 22951. Entry to be taken at 1 hour candle closing below 22951. Happy trading JT