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Thursday, December 6, 2012

Opening Bell for 6/12/12

Good Morning !!! NIFTY may open positive today. As we said in our EOD analysis clearing of yesterday's high in first hour should be taken as breakout for new highs of 5960/5980/6040. Otherwise we may see lower levels in NIFTY.

Fresh long positions are suggested to take only above 5920 (hourly closing basis) with SL of 5890.

Fresh short positions are suggested to take only below 5870 (hourly closing basis) with SL of 5900.

NIFTY will be weak below 5850.

NP-SAR for today is 5841

Please visit NIFTY PULSE Page in Facebook for free stock calls.

Wish you happy trading !!!

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