NIFTY SPOT View for 5th FEB 2013

Nifty is near a major support of 5930.However it is still within the range of 5930-6112. Volumes extremely low. Nifty intraday supports @ 5919-5935 Intraday Resistance @ 6034 If Stable below 5919 with volumes or Trades Below 5919 For 1 Hour don’t hold long positions.

Nifty Spot View For 1st Feb 2013

Nifty Is starting Feb Series With Lowest OI in 8 Years last seen In March 2005 Nifty Supports @ 5975-5935, Minor Support @ 6007. Resistance @ 6145-6135 If Breaks 5930 Then Don’t Hold Long Positions. Read Very Carefully If Nifty Trades Above 6115  then 5930  will hold till July (min)…

Nifty Spot View For 1st Feb 2013

Nifty Is starting Feb Series With Lowest OI in 8 Years last seen In March 2005 Nifty Supports @ 5975-5935, Minor Support @ 6007. Resistance @ 6145-6135 If Breaks 5930 Then Don’t Hold Long Positions. Read Very Carefully If Nifty Trades Above 6115  then 5930  will hold till July (min)…

Nifty Spot View For 31st Jan 2013

Nifty continues to be sideways. No Change In View Nifty Supports @ 5962-6007 Resistance @ 6145-6132 If Breaks 5930 Then Don’t Hold Long Positions. Read Very Carefully High or low made in Jan will be very important. If post 31st Jan trades above Jan months high then Jan low  will…

Nifty Spot View January-July

Read Very Carefully High or low made in Jan will be very important. If post 31st Jan trades above Jan months high then Jan low  will hold till July (min) if post 31st Jan trades below January low then Jan high will not be crossed till July (min)