Saturday, September 14, 2013

Nifty Outlook 16th September 2013



Nifty Outlook 16th September 2013
Nifty (Sep.Fut.) closed at 5875.90 giving a flat closing and hovering in the region of 5910 to 5820 a closing or breaking of 5810 will lead it to 5770-5730-5700 on upper side 5955-5975 acts as immediate resistance a few more trading sessions will unveil the trend.
5800-5790 plays a pivotal role for nifty.
Suggestion for Today: Sell Nifty around 5890 target 5860, 5810, 5770 sl 5925.
Levels for Nifty: 5925, 5910, 5890, 5860, 5820-5810, 5780-5770, 5735.