After a weak opening where in Nifty opened gap down by 30 points and an intraday fall from 5623 to 5572, Nifty closed very strongly just below 5600, which again emphasizes and underlines the strong momentum in Nifty.
Going forward if Nifty Future crosses 5627 the targets would be 5659---5716. At this point the Stoploss for this trade would be 5535.
Buy HPCL above 533 with a SL of 509 for a target of 556 time frame 1-2 Days.
Keep watching this space for further updates....
Leave your comments / suggestions....
Happy Trading....
Regards,
Abhinay
Showing posts with label Nifty Futures Update. Show all posts
Showing posts with label Nifty Futures Update. Show all posts
Wednesday, September 8, 2010
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