Wednesday, March 21, 2012

Nifty outlook 21 March 12

Flat to positive opening is expected

5290 is crucial for Nifty futures today ..
stay long above 5290  targets <<< 5327>>><<< 5347 >>>
go short below 5290 for targets <<<5276>>><<< 5255 >>><<<5241>>>
keep 20 points stop loss
please note that nifty may reverse its direction from any  of the level mentioned above so it is advised to shift your stop loss order according to last traded price of Nifty futures ..
Nifty is consolidating
traders are busy in evaluating impact of budget on different stocks and shifting their interest accordingly

nifty is making higher high and higher low on intra day moves 



 

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