Monday, May 05, 2014

Nifty Future Mantra - 05.05.2014









Good Morning and Wish You a Happy Trading Session ….


CNX NIFTY:

       Advances
        Declines
  Unchanged
              23
              26
            1


If volume support then the Market move will be one sided,

INDIA VIX is 33.0550

Be cautious at higher level….





First resistance of the day is 6784/91…….above this level next vital resistance is 6825/29…… single close above 6868 will face hurdle at 6931----6962---6992……






Vital support of the day is 6712/09…….below 6644/40 Nifty Future will take next support at 6604/6597…..Three consecutive close below 6532/25 Nifty Future will take support at 5941…..5858 within couple of week…..

Reversal level for our Clients only….


Kolkata, 05:55 am. 05.05.2014.


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