Thursday, January 8, 2009

NIFTY TRADING LEVELS-09 JANUARY 2009

NSEFUTURES

DATED : 09 JANUARY 2009

E Mail , nsefutures@yahoo.com

Mobile No. : 971 787 7338

NIFTY LEVELS FOR JANUARY 2009

TREND DECIDER 2937

BUY ABOVE 2990 STOP LOSS 2800 TGT 3186,3483

SELL BELOW 2800 STOP LOSS 2950 TGT 2523

NIFTY LEVELS FOR 09 JANUARY 2009

The sell off on 7th has placed Nifty at crossroads once again. 2937 happens to be the trend decider for the month of January. The next couple of days trading will give us a clear indication as to the direction. Nifty will only turn bearish below 2800.

For intraday Sell Nifty future around 3001 sl 3150 tgt 2859.

If it can sustain 2900 level then buy around 2900 stop loss 2880 for targets of 2935, 2956, 2893

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