Monday, December 14, 2009

NIFTY FUTURES OUTLOOK, 14 DECEMBER

Nifty Futures 5110.60

Nifty Futures Intraday levels and range


Today, if Nifty sustains below 5120, then it could test 5080 and below that level it could test 5010.


Instead, if Nifty trades above 5120, then it could test 5165.






Nifty Futures intraday Trading Strategy


For intraday, the crucial level is 5120. Trade short below this level and trade long above this level.


Nifty Futures Positional Trading Strategy


Positional traders can initiate shorts if it fails to sustain above 5080 for a target of 4500 with a stop at 5080 and trade long above 5080 for a target of 5180 with a stop at 5080.