Dec' 14 Nifty Update

Friends the Nifty Spot today may trade flat. The range of market averagely 20 points that expected.

Nifty Spot Levels

Nifty face RESISTANCE at 8538 and its SUPPORT is around 8517

              If Nifty manage to trade above 8566 then it may jump upto 8621 !!!
              On other hand if Nifty slip below 8508 then it may slides to 8434.


Nifty Future (December)

Trade Levels of NF

             SHORT at 8584 stoploss 8613 target 8520
             LONG at 8555 stoploss 8545 target 8620

If NF try to jump these levels, then

           LONG at 8613 stoploss 8594 target 8669
           SHORT at 8526 stoploss 8545 target 8470

BankNifty Future (December)

  Trade Levels of BNF

            SHORT at 18808 stoploss 18870 target 18665
            LONG at 18632 stoploss 18611 target 18774

If BNF try to jump these levels, then

           LONG at 18870 stoploss 18828 target 18992
           SHORT at 18570 stoploss 18612 target 18448

Happy trading.