Nifty Future Mantra - 28.05.2014

Good Morning and Wish You a Happy Trading Session ….

Advisory Funda : 27.05.2014:-

Call I. Short NF @7340, SL 7352 Target 7301……Achieved (+39 points).

Call II. Buy 7000 PE June @40, booked 45 ……Achieved (+5 points high is 48).

Call III. Short RIL FUT. @1092 Booked 1079….Achieved (+13 points)

Call Iv. Buy NF 7320 SL 7307….Failed (- 13 points)

Above 7341 Nifty Future will face next resistance at 7357/59…..Above this level 7275/77 will act as tough hurdle……

Single closing above 7377 will re-fuel Nifty Future to cross 7482/7513 with sharp move…..

Below 7272 Nifty Future will take next support at 7223/20…..

If Nifty Future start to trade below 7199/97 with volume then next crucial support is 7159/56…….

Reversal level for our Clients only….

Kolkata, 05:55 am. 28.05.2014.