Saturday, October 5, 2013

Nifty Outlook 7th October 2013



Nifty (Oct.Fut.) closed at 5950.9 shedding 16 points, we suggested nifty faces resistance at 5999-6010 and it made a high of 6008 the top is almost formed or nearing a few session will confirm it. Immediate support at 5920 below it 5850-5810 and resistance at 6008-6012.
Suggestion for Today:  Sell Nifty near 5980 target 5950, 5920, 5890 sl 6012.
Levels for Nifty: 6010-6016, 6000, 5985, 5945.5920,5890,5850,5810.