market out look -positive to gap up opening is expected with possibility of volatile session ahead. As it is Friday so Profit booking may not be ruled out at higher levels . Yesterday nifty closed above 2.66% after gap up opening but the eod candle was ended with long shadow at top which was not gud/ healthy sign for bulls .
Trade in Nifty futures as per these levels
Buy at / above: 5662 Targets: 5678 – 5697 – 5716 – 5735
Stoploss : 5643
Sell at / below: 5640 Targets: 5625 – 5606 – 5596 – 5566
Stoploss : 5662
market out look and Nifty levels 06 Sept 13
