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Negative to gap down opening is expected with possibility of choppy session ahead…as 5930 40 at spot is firm support so nifty may stay here for a while or for whole day …charts are showing that upper limit is restricted to 6100. funda will be same …sell on rise and book gains at low … till nifty futures will trade below 6025 but above 6025 we may expect khalbali in bears group (5 % chances )
Trade in Nifty futures as per these levels
Buy at / above: 5989 Targets: 6003 – 6022 – 6042 – 6061-69094
Stoploss : 5972
Sell at / below: 5972 Targets: 5953 – 59316 – 5912 – 5893-5864
Stoploss : 5989
Stock specific moves may be there ..keep watch at INFY and ster for gud upside move.
For weekly prediction “ is nifty may trade between 5775 – 6075… if nifty slipped below 5950 and stays there then it will remain below 5950 for full week . ”
Trade for gains and do not trade just for trading …always try to exit at profit… be your own analyst…we are here to assist you ..you can learn online …no need to join regular classes…what ever will be paid by you , market will return within a day or two…without mentor you can not cross jungle …and we are proving our-self day by day … Dhanvarsha is growing…. Join Dhanvarsha and Grow with us …
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hourly chart sgx -trading at pivot point…chart captured at 8.21 AM
NIFTY OUTLOOK AND TRADING LEVELS FOR 03 June 2013
