Monday, December 8, 2014

Dec'14 Nifty Update

NIFTY SPOT  face RESISTANCE at 8579 and its SUPPORT is around 8533


           
Friday I gave you SELL call  NF at 8619 with stop loss 8648 for a target 8555. NF made a HIGH 8622 and trade below the said price throughout the day. It made a low 8567.90. Friends a clear profit of 51 points.

 Today I advise you all to LONG NF  around 8578 with STOP LOSS 8558 for a TARGET 8642. If it hold 8622 then CARRY FORWARD the LONG position for next trading days. I expect a BIG target of 8697 with stop loss 8603. 

     REMEMBER Don't HOLD the overnight position, if NF breach the price 8622. 
          

Friday I gave you a LONG CALL on BNF at 18906 stop loss 18864 for a target 19070. BNF made a HIGH 18929.50. I expect those are in LONG may exit at cost. BNF then breach the entry level. My SELL CALL at 18844 became active. It made a LOW 18790. Friends a good profit of 54 points. 

Today I advise you to LONG BNF around 18811 with a STOP LOSS 18769 for a TARGET of 19009. If BNF hold 18929 then CARRY FORWARD your LONG POSITION for next trading day with a STOP LOSS 18888. I expect a BIG MOVE for a TARGET of 19094.


TODAY YOU SHOULD FOLLOW 
         



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