10 August 2012

10th Aug nifty fut & bank nifty fut

Nifty future : 5350 is the key resistance and 5303 is the support for intraday , their are more chances that market would today hit 5303-5308
shorting at 5355 today with stop of 10points targets would be 5322-5305 choice is yours,(this is a safe short)
above 5333 go long for target of 5354 with a stop of 10points
Today SBIN results so trade with caution huge movement expected untill now market stands neutral.

Exit 5336-5337 cmp 17-20pts profit  
                                                                             posted 3.06pm

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