Thursday, 12 January 2012

NIFTY FUTURE INTRADAY LEVELS FOR 13/1/2012



Long only above 4878 for target 4893,other targets are 4905(T1),4919(T2),4944(T3),keep a stoploss of 20 points.
And
Short only below 4826 for target 4810,other targets are 4799(T1),4785(T2),4759(T3),keep a stoploss of 20 points.

UPPER POINT-4889
LOWER POINT-4817

Upper point is strong resistance and lower point is strong support .
Note-T1,T2 are also possible reversal points .   
  
In these levels as Buy above and Upper Point has a difference of 11 points,so Buy only above Upper point 4889 and vice versa ,Short below and Lower point has a difference of 9 points,so Short only below Lower Point 4817.



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