Tuesday, 31 December 2013

Dated :- 31.12.2013 (SUNDAY)

                                                             NIFTY  Spot   6304
Hi,
Readers,

FIRST OF ALL
WISHING ALL OF YOU AND TO YOUR FAMILY

A VERY HAPPY AND PROSPEROUS NEW YEAR…..



Nifty is stuck in a range. And today, it again closed above 6300.
Now this closing above 6300 again in this week after a consolidation is important.

What this closing above 6300 means :-

It means that now the game is open.

NOW, Nifty till it is above 6200 -6220 level it can try to trade with +ve bias. Higher levels to watch from here on up side are 6370 and 6420.

And on the down side view is same as was mentioned in my previous blog.

That is :-

For Nifty 6200 - 6220 is very important level, below which the Nifty shall trade with –ve bias. Breakdown of Nifty shall be below 6150.

Trade accordingly.


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