Nifty Outlook 17th
September 2013
Nifty (Sep.Fut.) closed at 5862.25
shedding 13 points making a new intermediate high of 6029 we discussed upper
side is capped around 5975-6020 and resilience of nifty around 5800-5810 is
remarkable. Nifty if sustain above 6030-6040 then we may witness another rally
up to 6100-6140 else side ways movement till expiry is expected immediate
support at 5810-5800.
Suggestion for Today: Sell Nifty around 5890 target
5860, 5810, 5770 sl 5925.
Else Buy above 5925 target
5950-5955, 5975, 6000 sl 5900.
Levels for Nifty: 6020, 6000, 5975, 5955, 5925,
5900, 5890-5880, 5860, 5810.