Thursday, October 10, 2013

Nifty Outlook 11th October 2013



Nifty (Oct.Fut.) closed at 6059.80 gaining 11 points making a high and low of 6073.80 and 6005 respectively nifty if able to sustain above 6075 next target would be 6120-6175 else it would test 5970-5930. Immediate resistance stands at 6075-6175 and support at 5975-5930.Nifty faces stiff resistance around 6175-6210.
Suggestion for Today:  Sell Nifty near 6060 target 6010, 5975, 5950 sl 6075.
Else Buy above 6075 target 6110, 6130, 6150-6175 sl 6050.
Levels for Nifty: 6175, 6150, 6130, 6110, 6075, 6050, 6010-6008