Tuesday, December 11, 2012

LOW RISK SHORT IN NIFTY

Short December Nifty Futures @ 5984 SL 6004 for a target of 5940-5920.


POSITIONAL TRADERS

If Nifty Future Falls below 5920 sell with a sl of 6010 for downside targets of 5800 and much lower.


It appears that 6002.85 will be a major high for many coming weeks, any longs should be taken only if 6010 is crossed in Nifty futures and 5975 in Nifty Cash.

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