Nifty
future closed 6055 on 6th Feb 2014 up by 5 point. Nifty future made a
high 6068 and low of 5975. SGX nifty up by 43 points at 6098. American and
European market closed positive and Asian trading positive. All up world market
up more than 1.25% except china market (Bad PMI data).
We
expect nifty to take support around 6000, 6020, 6050 at lower level And
resistance around 6077,6097,6120. We had also sent you next week charts please
go through it (calendar already with you). We will be Gap up opening today but
profit booking at higher level and china’s bad data may come in to picture
around 6097 to 6112.
Traders
who hold long position in Reliance and Banknifty or nifty can book profit at
higher level or may be when nifty open higher.
yesterday
at 10:18 approx 70 to 80 Lac nifty future sold in basket selling (Source
Newspapers and websites) so it triggered stop loss for some traders. Still nifty
recovered approx 70 points from yesterday’s lower
level.
NIFTY INTRADAY SCIENTIFIC CHART 7'th Feb Jan 2014
(Expected to happen during market timing)
If
you want to create new long fresh position today then let just market to calm
down and then create new fresh position for small gains at little lower levels.
Be cautious for Monday chart already with you.
Please
exit from all long in all stock and bank nifty. We are not telling you to create
short today by EOD for Monday (Some traders do like That’s why we clarify). We
have so see what America does today by closing basis.
Thanks
& Regards
Nishant
Jani
9374083399
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