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nifty future outlook for 24 jan 2013

nifty future tips and trading strategy for tomorrow

nifty technical chart

nifty future hourly chart 23 jan 2013

nifty technical analysis

nifty jan expiry future today closed at 6078 with gains of 18 points or 0.29%.today nifty jan future with gap up opening slipped on profit booking and made low near 6028 but in later half on sharp short covering we seen sharp rally and closed at day high of 6079.today total 50 points intraday volatility and 4.34% drop in open interest mostly short covering volume in last minutes.

nifty spot closed at 6054.on hourly chart nifty taken support of major average and moved above this accepted as reversal on intraday chart and now trend and momentum remain on buy side.

for tomorrow look forward for targets of 6095 and then 6140 on upside.trailing stoploss remain at 6045 while swing traders must keep stoploss of 6010.

option traders mow buy nifty 6100ce feb expiry contract for intraday on decline.

free nifty future tips (premarket view)

stay long in nifty future or buy on decline for intraday

with stoploss just below 6045 and expect 6095 and then 6140

as target levels for tomorrow.

option traders buy nifty 6100ce feb on decline.

 

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