Nifty view for 10 Dec 13 …Gap up opening is expected with gap filling possibility … chart is showing rising wedge at eod nifty chart
Trade in Nifty futures as per these levels
Buy at / above: 6440 Targets: 6456 – 6477 – 6497 – 6517
Stoploss : 6420
Sell at / below: 6420 Targets: 6403 – 6383 – 6363 – 6343
Stoploss : 6440
BANK NIFTY GAINED 80 TO 100 POINTS ON INTRA DAY TRADE http://dhanvarsha.in/bank-nifty-gained-80-100-points-intra-day-trade/
: “The next catalyst for markets would be the RBI policy meet (on December 18) where the central bank may go in for a 50 bps rate hike. Post that, markets may see some more upside as visibility emerges on who is likely to be the major contender to form the next government (at the Centre),” http://www.dnaindia.com/money/report-bjp-wins-lift-markets-to-lifetime-highs-1932435
Trade with stop loss in direction of trend and win on every trade
Nifty view for 10 Dec 13
