Sunday, December 7, 2008

NIFTY TRADING LEVELS 08 DECEMBER 2008


NSEFUTURES

DAILY NEWS LETTER

DATED : 08 Dec 2008

E Mail , nsefutures@yahoo.com

Mobile No. : 971 787 7338

Nifty Major support 2651

Nifty Major Resistance 2796

TREND DECIDER 2735

NIFTY FUTURE DECEMBER ANALYSIS.

WATCH THE FOLLOWING LEVELS -2610,2751,2911,3122,3332,3594

As Nifty trades and closes above one level, buy and stop loss will be below that level and vice-versa.

Nifty future for the week 08-12 DEC

Trades Above 2740 Buy sl 2670 TGT 2864,2908. Trades below 2670 Sell stop loss 2740- target 2500

Nifty future for day trading: Watch 2735 Trades below 2735 Sell sl 2760 TGT 2699,2651,2641,2600. Opens above 2735 buy stop loss 2700 TGT 2763,2829

* If target achieved in morning please don’t buy in return journey.

* Please enter only at specified price otherwise avoid trading.

DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only. NOTE WE HAVE NO HOLDINGS IN ANY OF STOCKS RECOMMENDED ABOVE.


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