Nifty Spot face RESISTANCE at 8522 and its SUPPORT at 8461.
Friends, I unable to update and also trade due to busy in my teaching work. The market trend is up and trade with caution. Always try to long on dip. I give the today's strategy for intraday trade. But REMEMBER if you will get any position on dip the hold it for next trading session.
NF Jan'15 face RESISTANCE at 8546 and has support at 8482.
| NF | LONG | SHORT | LONG |
|---|---|---|---|
ENTRY
|
8567
|
8542
|
8486
|
STOP
|
8542
|
8567
|
8472
|
TARGET-1
|
8592
|
8517
|
8510
|
TARGET-2
|
8610
|
8498
|
8529
|
TARGET-3
|
8629
|
8480
|
8547
|
TARGET-4
|
8648
|
8461
|
8566
|
TARGET-5
|
8666
|
8443
|
8573
|
TARGET-6
|
8704
|
8405
|
8592
|
BNF Jan'15 face RESISTANCE at 19314 and has support at 19157.
| BNF | LONG | SHORT | LONG |
|---|---|---|---|
ENTRY
|
19379
|
19311
|
19092
|
STOP
|
19311
|
19379
|
19058
|
TARGET-1
|
19406
|
19283
|
19187
|
TARGET-2
|
19467
|
19222
|
19248
|
TARGET-3
|
19528
|
19161
|
19309
|
TARGET-4
|
19589
|
19099
|
19370
|
TARGET-5
|
19651
|
19038
|
19432
|
TARGET-6
|
19712
|
18977
|
19493
|

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