Wednesday, December 24, 2014

NIFTY FUTURES UPDATE (DEC 24)





Yesterday, as predicted early market hours
Nifty Futures after having traded above our mentioned levels almost reached the upper side target and even below the levels it has reached the downside targets exactly.

Now BEWARE of four more gaps pending 
below the current levels
One @ 8180; Second @ 8060; Third @ 7947 
and the fourth @ 7814)



Today if opened & trades above 8274 for 30 minutes

No problem to hit 8295

And above 8299 it should sustain atleast for 30 minutes
to have an hike upto 8315-25

Otherwise in a normal opening if opens & trades below
8272 for 30 minutes see a slide upto 8243 - 24
And see even more slide after that!

INTRADAY RESISTANCES @ 8299 – 8326
INTRADAY SUPPORTS   @ 8242 – 22

Trade very carefully with the above mentioned time and levels.

ALL THE VERY BEST


(By the time this post was updated 
S&P CNX  Nifty Futures was trading @ 8346)







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