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Thursday, March 25, 2010

NSE - NIFTY Trading Tips

Nifty witnessed the high volatility back by the f&o expiry today. Still nifty future holding the 5200 level and getting the strong buying support around it. In the upside we could expect the breakout and nifty could touch the level of 5370 to 5375 in few trading sessions if it closes above 5300 to 5305 range. In the downside the short term support base is seems to be at the range of 5145 to 5150. We recommend that traders should focus on long side in nifty future until it close below 5145 to 5150 range, and they should also book the profit close to the level of 5300 once. 




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