Wednesday, June 15, 2011

thursady nifty trading call ( 16/06/2011)

Today nifty trading is very risky . technically will not work due to RBI credit policy announcement.
Risk trader can Trader can trade according to fallowing conditions as follows
1. Nifty opens near to 5380 above  buy at 5380-90 Target is 5430-50 keep st+ at 5370
2. nifty opens near to 5440-50 sell at 5440 keep  st+ at 5460. target is 5400.

Alert : If nifty may not going bellow 5380 there is a chances of pull back to 5440-60 .

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