Sunday, 19 May 2013

Nifty Futures trading views for 20th May

Nifty Futures faces resistances at 6210 - 6220 and 6270 - 6290 bands. Immediate supports available between 6160 - 6150 then between 6120 - 6110. Buying on Dips or on reversal from 6110 are better trading opportunities. Nifty looks overbought on Daily Charts hence Buy on Dips. Break of 6110 on Nifty will be an indication to exit Longs on the Index for the short term.

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