Trading the nifty on 30th
November
The Nifty has d one well on the last
trading session. Now the question is how well it would stay in the upper zone
or will it sustain these levels. However in the coming session the nifty is
poised to clear some more hurdles and see a higher level. The pivot level is at
5798. Therefore if the Nifty opens up
well above the pivot level then 3rd
and 4th targets could be
seen.
|
NIFTY
|
Target
|
1st
|
2nd
|
3rd
|
4th
|
S/L
|
|
Buy above
|
5811
|
5824
|
5837
|
5850
|
5863
|
5811
|
|
Sell
below
|
5786
|
5773
|
5761
|
5748
|
5736
|
5786
|
Happy trading!
As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.
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