Tuesday, October 8, 2013

Nifty Outlook 9th October 2013



Nifty (Oct.Fut.) closed at 5959.45 giving a flat closing making a high of 6021 but unable to hold at higher level we suggested resistance of 6010 it just kissed past it but holding above 5940-5930 level. Major support stands at 5850-5780 and resistance at 6025-6060.
Suggestion for Today:  Sell Nifty below 5940 target 5910, 5860, 5820 sl 5965
Else Sell near 5990 target 5950, 5910, 5860 sl 6025(In case of Gap Up)
Levels for Nifty: 6025, 6000, 5985, 5960, 5930, 5865-5850, 5820, 5800.