Thursday, October 17, 2013

Nifty Outlook 18th October 2013



Nifty (Oct.Fut.) closed at 6071 shedding 40 points making a low of 6058, we suggested immediate support stands at 6070-6050 below it 5975, once it maintain below 6050 expected next level is around 5975-5950, immediate resistance at 6125-6154.
Suggestion for Today:  Sell Nifty near 6075 target 6058, 6012, 5975 sl 6120.
Levels for Nifty: 6155,6125,6075,6058,6012,5975,5950.