Dec'14 Nifty Update

NIFTY SPOT  face RESISTANCE at 8075 and its SUPPORT is around 7968

Yesterday  I told you about RESISTANCE 8221 and SUPPORT 8108. NF made a HIGH 8220 and  a low 8007.85. 

Today NF face resistance around 8113 and its support 8014. These LEVELS are for INTRADAY PLAYER.  

LONG 8127.10 STOP LOSS 8105 TARGET 8188

IF NF open GAP UP BUT NEVER SUSTAIN then follow these LEVELS:

SHORT 8112.50 STOP LOSS 8134.50 TARGET 8052

A strong Bearish trend Started whose bottom may be 7700 or 7600.

Yesterday  I told you about RESISTANCE 18398 and SUPPORT 17887. BNF made a HIGH 18136.70 and  a low 17600. 

Today BNF face resistance around 18365 and its support 17908.

LEVELS are for INTRADAY

LONG 18166 STOP LOSS 18079 TARGET 18301

IF BNF open GAP UP BUT NEVER SUSTAIN then follow these LEVELS:

SHORT 18108 STOP LOSS 18194 TARGET 17972

NOTE You should very caution while LONG your position. You measure your tolerance and use trialing stoploss strictly today.