Thursday, October 3, 2013

Nifty Outlook 4th October 2013



Nifty (Oct.Fut.) closed at 5966.80 gaining 137 points making a freak high of 5996, nifty if able to sustain above 5990 it could reach up to 6030-6060 alternatively it would test 5860-5810.Major support stands around 5870-5850 and resistance at 5999-6010.
Suggestion for Today:  Sell Nifty near 5966 target 5945.5920,5890 sl 5985.
Else Buy above 5990 target 6010-6016, 6030, 6058 sl 5970.
Levels for Nifty: 6058, 6030, 6010-6016, 6000, 5985, 5945.5920,5890.