For Risky Traders - Buy NIFTY Fut Dec Expiry - 22 Nov 2010

If we see the movement of NIFTY from May 2010 to till 19 Nov 2010. Its clearly indicates that there is too major support around 5800 - 5820.

NIFTY Movement from May 2010 to 19 Nov 2010

So we can take risk at long side with strict Stop Loss.

Means, Long NIFTY.

Buy NIFTY Fut Dec Expiry @ 5890 - 5920 with strict Stop Loss 5820, try to buy around Stop Loss, difference should be 40 - 50 Points Between stop Loss and recommended buy or buy at current levels (according to risk level), Target 6100 - 6150.


Note:- Stop Loss Should be strictly follow.