Nifty Futures levels and tips for 2 August

aaseen (Marketing) (25 Points)

31 July 2010  

Watch Nifty at 5350 on Monday. For the trading we recommend that traders should watch out the level of 5350, if it hold this level then one may go for long in nifty future for the targets of 5410, 5440 in near run. If it broken the level of 5350 & sustain below it for a while then one may go for sell in it with the sl around 5375 for the targets of 5305,5260 in near run. Be carefull ang Have a nice trade.

Posiible support and resistance for nifty :

Pivot Level = 5386

Support1 = 5354 Resistance1 = 5403

Support2 = 5337 Resistance2 = 5435

Support3 = 5305 Resistance3 = 5452

 

 

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