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Friday, October 15, 2010

Current Trading Strategy on NIFTY @ 6082.90


After two days rally NIFTY slightly fall. NIFTY jumped more than +250 points with in two days 13 & 14 Oct 2010. After that NIFTY fall more than 100 points in 1 day on 15 Oct 2010 due infosys result pressure. But i see this down as buying opportunity in NIFTY Fut with some strong keep eye view means strict stop loss or consider the sensitive level for NIFTY.



















NIFTY 5 days Movement

So, we can take following trading position in NIFTY Fut:-

BUY NIFTY @ current level or buying between @ 6060 - 6100 according to your risk level with strict stop loss of 6000 with the Target of 6135.


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