Trading the nifty on 21st of January
If the Nifty maintains this trend and opens above the
of 6064 go long and expect targets of 6080 and 6100. The Nifty has resistance
at 6084 and then at 6103. If the Nifty opens below the closing of 6064 then it
signals profit booking. One can go short
for the targets of 6028 and 6009. The Nifty has support at 6024 and
6006.
Crudeoil trading levels for 21st January
With the current chart pattern we can see the crude
making a sideways move, but on the uptrend. If the crude opens above 5166 which
will be a sign of uptrend longs can be
initiated for the targets of 5181 and 5199. On the lower side if the crude
opens below 5148 shorting it for the target of 5132 and 5114.thhe crude has
resistance at 5184 and support at 5130
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