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NIFTY Trade plan week 11 Jan 2016Nifty Futures: NIFTY while it managed to hold on to to the 7580 levels and staged some sort of a pull back, weak global cues will mean we may now crack that level and open below it. It will be importanat to see if NIFTY futures manages to stay and trade below 7550 in that can the levels of 7580-50 now can be used as a stop for a fresh trade on the downside with targets of 7440 and 7280 on the downside. on the upside if it manages to hold 7550 then a low risk pull back can be initiated.
NSE:NIFTY
by PowerTrades
4
NIFTY Trade Plan-Week 7 JanNifty Futures: NIFTY Future managed to latch on to the 7750 levels that we discussed yesterday . But it did provide two trade opportunites as per the plan one was short from 7840 levels and the other a pull back trade frm 7760 levels. The pull back short also provided a good swing short trading opporunity with low risk. for intraday traders 7750 will hold the key, if markets hold below it expect downsides to be tested. While swing positions will continue for intra traders next levels will be 7705 levels. if trading below it can take fresh shorts with downside targets of 7550-80 levels. #nifty #nseindia #sensex #trading #intraday #shares
NSE:NIFTYShort
by PowerTrades
5