Wednesday, June 1, 2011

Thursday nifty Trading call ( 2/06/2011)

Yesterday we recommended to sell nifty at 5580-5600 level those who taken position can hold till  T-1 - 5340-20  in b/n  reversal  see daily postings.

Today we expected to  Gap down open around  5560-40. those who do don't taken position they can sell at 5560-40 target is 5490

Trader can trade according to fallowing conditions as follows

 Nifty opens b/n   5560-40  sell  at 5560 Target is 5520-5490    keep st+ at 5600.




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