Dec'14 Nifty Update

NIFTY SPOT  face RESISTANCE at 8314 and its SUPPORT is around 8208

On Friday  I told you about RESISTANCE 8387 and SUPPORT 8323. NF made a HIGH 8363  a low 8266.90. Friends NIFTY POSITIONAL HOLD your SHORT position with REVISED STOP LOSS 8275. My SHORT CALL at 8361 stop loss 8391 target 8298 works well and with a gain of 63 points.

Today NF face resistance around 8275 and its support 8259. These LEVELS are for INTRADAY PLAYER.  

SHORT 8259 STOP LOSS 8282 TARGET 8197
LONG 8275 STOP LOSS 8252 TARGET 8336

NOTE that NIFTY may give a pull back on second half. If you want long NF  on given price. It is a POSITIONAL CALL.

Yesterday  I told you about RESISTANCE 18698 and SUPPORT 18640. BNF made a HIGH 18620 and  a low 18343.30. Friends HOLD your SHORT position ON BNF. REVISE YOUR STOPLOSS 18485.   

Today BNF face resistance around 18486 and its support 18322.

LEVELS are for INTRADAY

SHORT 18485 STOP LOSS 18535 TARGET 18346

LONG 18519 STOP LOSS 18468 TARGET 18657

NOTE that BANK NIFTY may give a pull back on second half.