Nifty Future Mantra - 24.09.2013

Good Morning and Wish You a Happy Trading Session ……..

On 19.09.2013 at 05:05 updated:

“Market is trading near a short term top, therefore those who are long be cautious, If Nifty Future breach 5977/84 level then a fresh up move not be overruled. Otherwise it is a good opportunity for initiate fresh sort positions.”

On that day Nifty Future made high 6174…..and already melts down by 287 (6174-5887 = 287) points within two sessions……

Click the link to verify……

Nifty Future Mantra - 19.09.2013 http://shar.es/KodUX 

Just Think……

Yesterday:

1.    Sort NF @5957 Booked @ 5916…Munafa +41.

2.    Oct 5600 PE bought Friday @58 booked @83 Munafa +25.

3.    Sort NF @ 5928 Booked @5896, Munafa +32.

4.    Sort LT FUT @ 822 Target was 808, day’s low is 807, Munafa 14*375 = 5250/Lot.

Today above 5929 the immediate resistance is 5952……

If Nifty Future start to trade above the mentioned level then next vital resistance is 5970………6007/6012……

Today below 5905 next vital support is 5844……….

Single closing below 5844 the next crucial support level is 5765—5755….

Kolkata, 06:06, 24^th Sept.’2013