Thursday, December 11, 2008

some consolidation on Nifty_f1 12 dec daily report

on hourly basis chart price need to stay in some range .uper side profit booking comes easily.selling call option of 3050 is safer trade trade idea assuming price will conosolidte some more hour as 4th down (consolidation wave progressing)

NIFTY_F1**stoplls:2,938 next day_Buy above :2,951.63next day up target>2,973>>3,008>>>3,029
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NIFTY_F1**stoplls :2,952 next day_Short bellow :2,938.37next day lower target >2,917>>2,882>>>2,861