Friday, December 19, 2008

NIFTY TRADING LEVELS 19 DEC

NSEFUTURES

DAILY NEWS LETTER

DATED : 19 Dec 2008

E Mail , nsefutures@yahoo.com

Mobile No. : 971 787 7338

Nifty Major support 2985

Nifty Major Resistance 3167

TREND DECIDER -3041

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 15-19 DEC

Buy above 2806 SL 2750 TGT 3045,3197

Nifty future for day trading: Buy above 3033 stop loss 2990 TGT 3106,3135

* 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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