Wednesday, December 4, 2013

negative open on 04 Dec

Negative to gap down opening is expected with negative bias.Nifty closed in red yesterday making doji  at eod chart .


NIFTY_Daily_03-12-2013


Trade in Nifty futures as per these levels


Buy at / above: 6241   Targets: 6257 – 6277 – 6297 – 6317
Stoploss : 6221
Sell at / below: 6220   Targets: 6204 – 6184 – 6165 – 6145
Stoploss : 6241 


Tatamotors  is consolidating at and below 405 level if break down will be there it may trade at 387 soon


TATAMOTORS_Daily_03-12-2013


nifty and bank nifty will trade  in bears grip  so advising to sell on rise first and book  profit at later stage . Closing at 11k or below in BN cant be ruled out today


BANKNIFTY_Daily_03-12-2013



negative open on 04 Dec