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Monday, February 17, 2014

NIFTY



            Today is an up day with half a percent up and closed at 6091.20. The bias is negative. The close below 5950 decisively, will create a new round of selling and we might see further down levels. Any short sell trade below 5950, must be accompanied by a strict Stop Loss of 6020. On the
up side if it trades decisively above 6130, it will further go up and might touch 6170 & 6220. In case of long taken, a Stop Loss of 6080 must be maintained strictly.



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