Nifty Futures Update For 22nd April 2015

Nifty Futures 1AM Update 22nd April 2015

SGX Nifty Futures closed flat at 8404.  There could be a pullback of 150-200 points in Nifty Futures in a few days. So avoid selling fresh here and start trailing existing Nifty Futures shorts. From when, where pullback will come I will update more to clients whenever we get confirmation of pullback. On pullback its good to create fresh shorts avoid trying to play for 150-200 points rather focus on selling near resistances.

Good Trading To You!

Nifty Futures Update 3.30PM 21st April 2015

Nifty Futures continues its sharp slide as we have predicted.  Now today world markets are up no FII problem and yet Nifty Futures has fallen. So kindly don’t go by reasons only trade as per levels that’s better way to make money.

Nifty Futures is headed for 7961 one relief rally or pullback will come in between but from when, where details etc we will update when we get confirmation to our clients. Currently the speed of the fall is suggesting that Nifty Futures has topped for atleast 2 months or till 10th July 2015. Means 9120 won’t be crossed in a hurry. We will update further on this in detail in a later post but now we have advised to Hold on to short positions and enjoy the ride. 

Nifty Futures open interest suggests that Janta is trapped on the long side and have averaged positions today which means margin calls will be triggering soon.

For More details on Nifty Futures / Portfolio advisory services feel free to call me on 9222294707

SGX Nifty Futures Chart is enclosed below for reference.

Good Trading To You!