Trading the nifty on 3rd
December
As I wrote in the last post the nifty
has seen higher levels. The volumes particularly has been very good. The
sustainability of this level is still a question that remains to be answered. The pivot level is at 5864. If the Nifty
continues with the current trend the targets of 3rd and 4rth are
possible. If profit booking comes in then 5852 and 5839 are to be seen.
NIFTY
|
Target >>
|
1st
|
2nd
|
3rd
|
4th
|
S/L
|
Buy above
|
5877
|
5890
|
5903
|
5916
|
5929
|
5877
|
Sell
below
|
5852
|
5839
|
5826
|
5814
|
5801
|
5852
|
Happy trading!
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