Monday, March 12, 2012

Nifty preview 12 Mar 12

5395 - 5400 will  resist for up move for nifty spot...
above it Nifty spot will move towards 5525 >>>5631
downside supports are 5330 5210
expecting gap up to positive opening ...
volatility may be there due to release of IIP data ..
trade according to trend ..
banking stocks may show a run up initially as CRR cut was announced on Friday evening..
for futures 5350 is crucial
stay long above 5350 with 20 points sl ..
trade short below 5350 with 20 points sl

No comments:

Post a Comment

Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards